Economics is an occupation with no shortage of data. One piece of data economists watch is the participation rate (the number of people who either have a job, or are looking for one). Economists watch this data for both demand and supply reasons.
Small to medium-sized businesses (SMB) are increasingly tapping into sustainable finance to fund new equipment in ways that can save the environment and produce healthier bottom lines.
As the ‘handshake’ deal and cash payments are increasingly replaced by email-only relationships and electronic transfers, the prospect of a business paying the wrong person has grown exponentially.All of which has seen invoice fraud become one of the fastest-growing and most costly cons in Australia.So how do you ensure you don’t become a victim of this scam?
Vehicle manufacturers have been at the forefront of pushing the boundaries of motoring efficiency, comfort and technology, making driving a safer experience. But the truth is that the basic elements of driving have changed little in a generation. It still requires a tank full of fuel and a driver who is subject to fatigue.
With the Reserve Bank of Australia cutting the official cash rate to a record low of 1 per cent, interest rates continue to be the talk of the business pages. But do rates this low pack a monetary punch? Or will the Government have to pull on the fiscal purse strings to get the economy moving, as RBA Governor Philip Lowe is encouraging?
From Basil Fawlty and Michael Scott to YouTube’s motivational mega stars, the entertainment world is full of business lessons that will make you laugh – and cry. Whether it’s a cautionary tale of farcical proportions or the tough truth you need to hear, pressing play on these entertainment gems could put you on the fast track to success.
Every office invention started with an idea. Consider the computer, the stapler, the office chair and the post-it note. But not every invention promising groundbreaking results in the workplace becomes an office staple (no pun intended). Innovation opens weird and wonderful possibilities. Also uncomfortable, impractical and even dangerous possibilities. For example: Hawaii Chair The Hawaii Chair sought to mitigate the health risks of the sedentary office worker. It’s certainly a long way from what Thomas E Warren had...
The big picture So, where to from here? The economy is probably in better shape than the GDP numbers indicate, but government, business and the RBA will need to switch gears to get wages growth and inflation up. Most economists agree that that may have to happen in the form of a few more interest rate cuts. It is not a matter of if, but when. The big picture ...