Aussie shopping metric sinks to 10-year low
The cost-of-living crunch has deepened the wealth divide between younger and older Australians, new data shows.
Small Business
Profit crash hits iconic Aussie brand
Iconic department store Myer has suffered a sharp slump in profits as it struggles to reset its business.
‘Hurt us’: Aus Trump measure could backfire
Patriotic ‘Buy Australian’ feeling emerged on ABC’s Q+A on Monday night, with the domestic steel industry at the centre of the debate.
Trump shadow to hit Aussie growth
Australian economic growth will likely slow over the next two years, a leading forecaster has warned, as Trump’s tariff agenda shadows the world.
ATO’s warning to one group as tax time looms
The Australian Taxation Office has announced its hit list for businesses ahead of tax time, as it looks to crack down on dodgy practices.
Cricket legend’s beer company goes bust
Another Australian beer company has gone bust despite its celebrity owners, as the tough retail environment continues to put pressure on small businesses.
Aussie shares tumble on Trump bloodbath
US President Donald Trump has sparked a bloodbath in global stock markets and Aussie shares were not immune on Tuesday.
Trump remark sparks $49bn Aussie wipe-out
US President Donald Trump has refused to rule out a recession in the world’s largest economy and now Aussie shares are plummeting.
Aussie giant’s big move to get rich in Africa
Australia’s biggest miner boasts operations in Australia, Chile and Canada, and now it’s making a new play for Africa.
Aussie shares slump on trade war fears
The Australian sharemarket booked a second consecutive day in the red on Wednesday as escalating global trade tensions continued to rattle investors.
‘Disrespect’: Banh mi war erupts
A trendy eatery has issued a warning to fast food giant KFC after they both launched similar dishes in the same week.
Aussie’s hilarious response to illegal parkers
Hilarious footage shows the clever method a small-business owner used to punish people trying to illegally park in his driveway.
Aussie shares slump on tariffs, Wall St woes
The local stock market tanked on Friday on the back of a Wall St bloodbath and a new Trump tariff threat that sent the big miners into a tailspin.
Bad news for back-to-back rate cuts
Mortgage holders hoping for back-to-back rate cuts have taken a hit after the latest inflation figures were released.
‘Six figures’: Massive bill screwing Aussies
Soaring insurance costs continue to cripple businesses and homeowners, with agencies blaming an “unfair” hidden tax paid by only two Aussie states.
‘Left behind’: Warning for Gen Z on WFH
The man leading America’s biggest bank has lashed out at Gen Z employees and work-from-home in a wild tirade. But where do Aussie banks stand?
Watchdog’s warning to big supermarkets
Australia’s consumer watchdog says customers’ concerns in the supermarket and retail sector remain a key priority in the year ahead.
Another farm infected with bird flu
Avian flu, the virus that left supermarket shelves empty in 2024, has spread at a third poultry farm in Victoria this month alone.
Big change to shopping habit revealed
The cost-of-living crunch has seen Australians shopping for cheaper items.
ASX tumbles on big bank, Woodside woes
A slump in the big banks and energy stocks pushed the Aussie market into the red on Tuesday, as the RBA struck a note of caution following its long-awaited rate cut.
Cult beauty brand reveals huge plans
Cult online beauty retailer Adore Beauty is riding a lift in revenues as it begins rolling out a bold plan to open more than 25 brick-and-mortar stores across Australia.
Tradie pays $20k for website, gets zero sales
A tradie who paid nearly $20,000 for a new website has slammed the “ridiculous” situation after getting just four views per month.
Loophole costing Aussies at the checkout
Consumers are regularly paying more than they should to use their own money with a debit card, but current laws render the consumer watchdog useless to investigate.
Iconic fish market hits back at collapse claim
An iconic Aussie fish market has hit back at stark claims it could be falling into insolvency, stating bluntly it is ‘business as usual’.
‘They’re a**holes’: Huge rates hike slammed
Business owners have slammed council over the decision to increase rates by a whopping 87 per cent following a fiery meeting on Monday night.
Call for alcohol delivery curfew
Following the death of a 30-year-old from alcohol poisoning, a coroner is calling for curfews for booze home delivery.
‘Stand up’: Turnbull’s Trump advice to PM
Malcolm Turnbull says Australia should not expect the US to not impose tariffs just because of the “special relationship” between the countries.
Aussie bank delivers huge card makeover
An Aussie bank has just dropped a huge update to its debit cards.
Aussies’ insane credit card spend revealed
Some Australians are facing huge debts following a record credit card spend over the Christmas period.
Buy Now Pay Later to face harsh regulations
New legislation is holding Buy Now Pay Later providers to Australian credit licence standards in an attempt to protect consumers.
Coles slammed over mass product cull
Nationals leader David Littleproud has hit out at Coles after the supermarket giant flagged a cull in its product range, claiming prices at the checkout would rise.
Iconic Irish pub to shut after 27 years
A popular inner city boozer has announced last drinks just months after the venue was reportedly sold to new owners.
Ban on woman accused of botox ruse
A woman accused of hospitalising three people with unregistered cosmetic injections has been ordered to stop.
3000 lose jobs as fashion giant collapses
The final two brands in the Mosaic Brands fold will be shut down after its receivers were unable to find a new buyer, leaving thousands without a job.
Major change to credit cards an Aussie first
An Australian bank has been the first mover Down Under to catch up with a key anti-scam development being used around the world.
Warning over mass Aussie skill shortage
Alarm bells have been raised over fears Australia will face a mass skill shortage across key industries, unless slipping education standards are halted.
‘Back on track’: Dutton’s new ad pledge
Opposition Leader Peter Dutton has attempted to show off a softer side to his political personality by debuting a new ad where he promises to get Australia “back on track”.
Aussie red meat booms to record high
Aussie farmers have plenty to celebrate this Australia Day, with fresh figures revealing a stunning boom in red meat exports.
Mining state sinks into budget black hole
Millions of Aussies are confronting a stark budget black hole, with an economic update exposing a serious $217bn breakdown in one state’s finances.
Truth about Aussie shoppers revealed
Record deliveries from Australia Post in the past two months have revealed some essential truths about the average Aussie shopper and what they want.
Huge problem facing fast-food giant
Experts say the US brand will be facing an uphill battle as it tries to crack the Australian fast-food market.
Dutton backs huge lunch tax break
There’s no such thing as a free lunch, but Aussies could soon enjoy tax deductible ones in an elected Coalition government.
Family’s nightmare after 28-hour fire
A family estimates they lost products worth hundreds of thousands of dollars when a fierce blaze destroyed their business on New Year’s Eve.
Why 2024 was shocker for Aussie brands
After a horror year for thousands of Aussie businesses, one major thing will determine whether they can bounce back over the next year.
Cafe owner defends unpopular cost
A cafe owner has been forced to defend a reviled price increase amid backlash from Aussies over the holiday period.
Top Gear star’s pub venture a ‘disaster’
Jeremy Clarkson has detailed why his newest business venture, a cozy pub in the British countryside, is struggling to stay afloat.
‘Last standing’: Iconic Aussie area lost forever
The closure of an iconic restaurant has upset many Aussies who say it symbolises how parts of the nation have lost their soul.
Two iconic pubs placed into administration
Two popular Melbourne venues have collapsed owing millions of dollars to creditors as administrators urgently seek a buyer.
Surprising Aussie fashion trend revealed
Buy-now pay-later giant Afterpay has revealed some surprising Aussie fashion trends in its latest Afterpaid report, with one colour dominating 2024.
Wild corruption claim hits Rex Airlines
Australia’s corporate watchdog has announced stunning allegations of corruption against the directors of embattled airline company Rex.
Huge change in Aussie workplaces revealed
The Workplace Gender Equality Agency says there has been some ‘positive progress’ in gender equality, even as major businesses are rocked with harassment scandals.
‘Weak’: Business confidence falls sharply
The cost of doing business in Australia is too high to handle for many organisations, the latest business confidence survey has found.
Bold plan for iconic bridge climb
The operators of a somewhat iconic Australian tourism experience have an audacious proposal to let people do one thing while soaking it all in.
91 per cent chance of this interest rate call
Mortgage holders and business owners should not hold their breath for any interest rate relief on Tuesday.
Why Australia is in debt to Hugh and Ryan
It’s been a wild 2024 at the Aussie box office, but cinema operators say a new dawn is rising for the beleaguered movie business.
Biggest Aussie business fear revealed
As the cost of living crisis continues to impact small and medium Aussie businesses, thousands of owners have revealed their biggest fear which keeps them up at night.
Most trusted Aussie brands revealed
Despite using privacy-invading facial recognition cameras, a major retailer has held its spot as the No.1 most trusted Australian brand.
‘97 times’: Albo’s reminder of broken promise
As the federal election looms, Peter Dutton has used a three-year anniversary to attack Anthony Albanese over a broken promise.
Surprising state tops list for business
Australia’s leading business body has just ranked the best and worst states and territories for commerce and a surprising state has come out on top.
Pub giant’s Australia Day backflip
A major Australian pub owner had decided to ban Australia Day celebrations in its venues because it “causes sadness” for staff.
Proof Aussies have thrown off shackles
The doom and gloom for Aussie retailers seems to have subsided – and that was even before an expected bumper Black Friday sales.
‘Knock it on the head’: Major tech crackdown
The tech giants that dominate our app use could face large new fines and bans on anti-competitive dominance.
Why women choose to be their own boss
New research reveals female business leaders believe it’s harder for women to get funding compared to men, but they are still giving it a go.
‘Loser’: 28yo heartbroken by zero sales
A young Aussie has revealed the heartbreaking moment she realised she’d made no sales at a popular market.
‘$60,000’: Business owner outs herself online
A young business owner has taken to TikTok to make a huge admission about her new company, in a move that she says some may find “quite alarming”.
Supermarket giant grilled on vacant land
One of Australia’s two supermarket giants has denied it is sitting on unused land in one capital city to stop any competitors opening up.
‘Worried’: Biggest threat to Coles, Woolies
The chief executive of a supermarket giant has admitted she is “worried” about a US company as more and more Aussies hunt for better prices.
Worrying trend emerging in cybercrime
A new report has revealed a worrying increase in cybercriminal attacks on wealthy private schools, using sinister techniques to hack sensitive data.
Simple hack to prepare for Christmas lunch
Cost-of-living threatens to blow out the cost of Christmas lunch for lots of Aussies, but one retailer reckons there’s an easy way to space out spending for the big day.
Push for big change for all Aussie workers
A powerful union is pushing the federal government to legislate a huge workplace change that will affect every single Aussie worker.
‘I never thought’: 25yo’s risk after quitting
A young Aussie has revealed the moment she decided to quit her secure job and the wild reason she “drained” her savings and sold all her shares.
Horror sex issue exposes Aussies
One group of workers faces widespread sexual harassment across multiple industries in Australia, a horror survey suggests.
’Nowhere else’: Grim reality for Aussie farmers
Aussie farmers are up in arms about supermarket behemoths Coles and Woolies, but an ACCC hearing has heard they have nowhere else to go.
‘Challenging’: Big bank’s warning to Aussies
One of Australia’s biggest banks has warned of a “challenging” time for customers as it releases its full-year results.
How Lego passion became $12m business
An Aussie entrepreneur has revealed the argument that gave him the inspiration for his $12m business, marking the “only time” his wife was wrong.
Nando’s Australia set to change forever
A popular fast-food chicken chain has just opened a new “elevated” dining experience as part of a company refresh to grow and capture more hungry Aussies.
Major Aussie fashion retailer goes bust
A major ASX-listed retailer that owns iconic brands such as Katies, Rivers and Millers has gone into voluntary administration.
Aussie’s bid to dominate music industry
Australia’s only ASX-listed music company holds plenty of ambition, taking on every element of the lucrative industry in a bid to reach 1 billion fans.
Big bank’s surprise Stage 3 tax cut reveal
Aussies have pocketed $6.4bn in extra income since July’s Stage 3 tax cuts, but what we’re doing with it might come as a surprise.
Grim reality for female tradies laid bare
Australia has slim hopes of building the houses we desperately need if 10 per cent of female tradies keep being harassed out of the construction industry.
Original URL: https://www.news.com.au/finance/small-business/page/2