• Coronavirus

    Govt stimulus key to business survival: survey


    First 5000 |  November 25, 2020


    While Government stimulus packages helped keep Aussies employed and businesses afloat this year, new research reveals that 3 in 4 business owners (72 per cent) admitted it was essential to their business survival.


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  • Workplace Relations

    Don’t get sleighed by the end of year office party


    Gary Martin |  November 24, 2020


    Following a year of events no one predicted, at least some workplaces are still planning to officially put the past 12 months behind them with a safe but rip-roaring end-of-year office gathering. Professor Gary Martin shares how party-goers can navigate through the celebrations and even enjoy them.


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  • Innovation

    Biden’s hopes realised with heady surge of Aussie fintechs


    Adrian Floate |  November 23, 2020


    US President-Elect Joe Biden’s hopes for Australia to be the innovation hub of the southern hemisphere have been realised if our burgeoning fintech industry is anything to go by.


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  • Resilience

    7 ways to build your resilience


    Lawrence Mitchell |  November 20, 2020


    Whatever your personal experience and perspective of 2020, one positive outcome from all of the disruption is that wellbeing and resilience have moved up both the corporate and the personal agendas. Lawrence Mitchell explains.


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  • Mature workers

    The getting of wisdom


    Allen Roberts |  November 19, 2020


    It is one thing to have all the information, it is quite another to be able to make sense of it. Allen Roberts MD of StrategyAudit explains wisdom.


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  • Business Resilience

    Ability to up or down scale supports resilience


    Anne Miles |  November 17, 2020


    Having a very lean model that can scale up and down very fast is crucial to being resilient in turbulent times, according to Anne Miles managing director, pre-approved marketing and advertising talent network, Suits&Sneakers.


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  • Resilience

    Innovation key to resilience


    Geraint Hudson |  November 16, 2020


    Always innovating is the key to overall business resilience, according to Geraint Hudson, Director of TTQ, a family owned farm machinery manufacturer based in Toowoomba.


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  • Resilience

    HAVE YOUR SAY: What do you do to ensure your business is resilient?


    Helen Hull |  November 2, 2020


    Resilience has become an important focus for the business community. We ask you to have your say today!


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Latest News

  • Business group delivers work to network

    Virginia Harrison     |      November 29, 2010

    A new networking group promises to be the middle man, sourcing work as well as contacts to save businesses time and money.

    IPNConnect is a UK-based networking company that will launch in Australia next month.

    Founder Paul Lawton visited Australia this month for talks with local partners including government departments, chambers of commerce and private enterprise.

    “We’re going to kill traditional networking, all over the world. I know I wouldn’t go to a networking event and pay a fee just to swap business cards. I want more,” Mr Lawton says.

  • Style tips from a corporate image guru

    Virginia Harrison     |      November 25, 2010

    For Robin Powis, the clothes really do maketh the man.

    A corporate image stylist, Powis helps individuals seeking to take the next career step or simply polish their “personal brand.”

    “I help people create a natural confident style. Everyone, no matter what industry they’re in has to think about what image they create,” Robin Powis, founder of Defining Style says.

  • Tools for SMEs to trade on sustainability record

    Virginia Harrison     |      November 24, 2010


    No business wants to do more reporting, but tracking and publicising sustainability performance could help boost the bottom line.


    Sustainability reporting covers an organisation’s economic, environmental and social achievements, to satisfy a range of stakeholder obligations.


    The benefits for corporates of improving sustainable practices include brand and reputation strengthening, increased efficiency and market differentiation.  


    But it’s an area smaller companies often overlook.

  • Banish workplace bullies

    Virginia Harrison     |      November 23, 2010

    It’s a multi-billion dollar problem that affects more than half of Australia’s workforce. Find out how barrister Peter Gorman is acting to stamp out workplace bullying, and how you can make sure it doesn’t set foot in your organisation.

    Gorman has worked with the law for more than 5 decades – first as a uniform policeman, and then detective before moving to the bar.

    In that time he’s seen plenty of bad behaviour.

  • Bookless library the next big thing

    Virginia Harrison     |      November 23, 2010


    I’m not ready for the death of the book.


    Like many, I can’t imagine a world where Kindles line the bookshelf, or the latest title is downloaded rather than carried home from the bookshop.


    Apparently I suffer from a sentimental objection to progress. Read this take on the two types of digital dissenters, sparked by the construction of a library-less American school.


  • Creating a marketplace of ideas and opportunities

    Jeanne-Vida (JV) Douglas     |      November 19, 2010

    At the launch of First 5000 on 20 October 2010 held at NSW Parliament House business journalist Jeanne-Vida Douglas interviewed First 5000 Editor Virginia Harrison.

    JVD: There are literally thousands of Australians out there at the moment working in jobs that they are not enjoying all that much while sitting on excellent business ideas which could blossom into successful ventures, if only they had the know how to take those ideas and put them into operation.

    That’s why I wrote the Profit Principle, with my co-author Peter Fritz, to get those businesses up and running and to get those ideas out there. In a similar vein, the First 5000 business network has been created to bring together Australia’s most successful and entrepreneurial businesses to look for new and innovative ways to grow their enterprises and thereby increase opportunities for, and productivity of, the economy as a whole.

    Virginia can you tell us more about the network you are working to create through First 5000?

  • Tyro charge at the big four

    Virginia Harrison     |      November 16, 2010

    Jost StollmannFEW have been brave enough to take on Australia’s major banks at their own game. Even fewer succeed.

    But 5 years ago the CEO of Tyro Payments Jost Stollmann saw an opportunity to crack into the billion-dollar card payments market – and it’s working.

    “When I started everyone said you must be crazy. They said you cannot compete with the majors in a core banking process. But we have to get away from this idea,” Mr Stollmann says.

  • Asia to drive tourism boom

    Virginia Harrison     |      November 15, 2010


    THE tourism industry has its sights firmly fixed on Asia to deliver growth, as local travellers take advantage of the strong currency and holiday abroad.


    The latest predictions from the Tourism Forecasting Committee show international arrivals to Australia are expected to grow by 5.3 per cent in 2010 and 5.6 per cent in 2011, fuelled largely by an increase in Asian visitors.


    “The Australian economy has become increasingly linked to the economies of Asia with tourism also reflecting the trends in other major export sectors,” Tourism Minister Martin Ferguson AM MP said.

  • Uncategorised

    Get on the virtual high street to boost business traffic

    Virginia Harrison     |      November 15, 2010

    Phil RobinsonLand more business with a tell-all approach – that’s the message from online marketing expert Phil Robinson, who sees many SMEs miss out on customers by failing to advertise effectively.  

    “You need to be fairly verbose about what you do, for it to come up on Google. So you really want to make sure that the answers to people’s questions are out there, online and on your website. If you don’t, you won’t be found,” Robinson says.

    Robinson is the Strategy Director for Hotfrog, a business idea he pitched in 2004 “to break the model of business directories.”

  • Surprise jump in jobless rate

    Virginia Harrison     |      November 11, 2010

    Australia’s jobless rate jumped in October, dampening short-term expectations of an interest rate hike by the Reserve Bank.

    The unemployment rate rose by 0.2 per cent to 5.4 per cent in October, and now sits at its highest level since April.  

  • Women need role models not targets to get to the top

    Virginia Harrison     |      November 11, 2010


    Women need mentors not gender targets to improve their numbers at senior management level, according to a group of top-performing businesswomen.


    Almost three quarters of respondents to a survey of winners and finalists in the 2010 Telstra Business Women’s Awards said mentoring programs for talented young women were vital for greater gender equality.

  • Cablex finds space in offshore markets

    Virginia Harrison     |      November 9, 2010


    Adapt to survive and thrive could be the motto for Melbourne-based company Cablex, which traded telecoms for the space race and built a multi-million dollar business.


    Nearly 30 years ago Michael Zimmer was working as an apprentice when he stumbled upon a gap in the engineering market.

  • Get set for the mobile revolution

    Virginia Harrison     |      November 8, 2010


    Forget the iPhone, it’s all about Android. Find out how harnessing the power of mobile phones could transform your business.   


    Shane Williamson is a telecommunications consultant who advises small through to large companies on how organizations can better utilise mobile technology.


    The self-described “technology evangelist” clients’ include Optus and Deloitte, as well as start-ups looking to enter the mobile market. 


  • Cyber-attacks on the rise for medium-size companies

    Virginia Harrison     |      November 4, 2010


    Cyber-attacks on medium-size companies are growing and most organisations fear a serious data breach would put them out of business.


    The global report by digital security company McAfee found more than half of the mid-size companies surveyed saw an increase in security incidents in the past year.

  • Business credit demand falls

    Virginia Harrison     |      November 3, 2010


    SMEs remain reluctant to take on credit but there are some indications that lending appetites on track to reach pre-GFC levels.


    The Veda Advantage Business Credit Demand Index fell 5.7 per cent in the last quarter on a year earlier. “Given the high cost of raising capital in the current market, many small to medium sized businesses are focusing on cost containment and growing existing business, rather than embarking on aggressive new customer acquisition strategies and other forms of business innovation,” Hamish Osborn, Head of Commercial Risk at Veda Advantage said.