Hospitality smashed as payment defaults soar
Business payments defaults are at a record high and credit reporting bureau CreditorWatch says a ‘perfect storm’ of conditions is on the way for the hospitality sector.
Small Business
Tea time for Gen Z goes viral
Three Brisbane school girls have become the face of Queensland tea company Origin Tea after impressing its bosses with their marketing ideas.
Shopper spending to be down by a fifth at Christmas
Shoppers are expected to spend nearly 20 per cent less over the Christmas holiday season, and a Deloitte report says even Black Friday and Cyber Monday turnover is likely to be down.
Riviera sets sail for Florida with $20m luxury yacht fleet
Gold Coast luxury boat builder Riviera will be flying the Australian flag at the Fort Lauderdale International Boat Show next month with a $20m fleet of motor yachts.
Businesses bank on upgrading assets in defiance of gloom
Despite the ever-present economic gloom, new electric vehicles and hybrids are prominent among a wave of assets businesses have sought funding for, Commonwealth Bank says.
Balanced regulations needed in tough times
Calls for sugar taxes, ad bans on certain foods and gambling, and plain packaging in the lolly aisles would each be damaging but collectively could be devastating for small and large businesses.
New tool claims to show what your competitors pay their staff
The Aussie unicorn start-up boasts its new product that will give real-time wage transparency, drawing from the payslips of more than 2 million workers.
Super tax could kill small business, says peak body
The federal government’s proposed tax increase on super funds of more than $3m could send some small businesses to the wall, the Council of Small Business Organisations Australia fears.
Meet Australia’s Olympian crypto start-up founder
Tori West is competing in her first Olympics in the heptathlon. But she’s also got several years as a tech founder on her resume.
Construction insolvencies on track to set record yearly highs
Insolvencies in the building and construction sector were already on par with pre-Covid levels for the calendar year and are set to exceed historical highs.
The night a family jeweller was brought back from the brink
When insolvency documents were delayed by a printing glitch, Michelle Stanton decided Bevilles, the jewellery chain started by her grandparents in Melbourne in 1934, was worth fighting for. Last year she sold it for $45m.
How Australia became a global ‘food superpower’
Australia has quietly become a ‘food superpower’ with 1200 factories popping up over the past decade and exports more than doubling, billionaire Anthony Pratt tells the Global Food Forum.
How Australia became a global ‘food superpower’
Australia has quietly become a ‘food superpower’ with 1200 factories popping up over the past decade and exports more than doubling, billionaire Anthony Pratt will tell the Global Food Forum.
One in 11 hospitality businesses doomed to fail
Creditor reporting bureau CreditorWatch forecast that one in 11 hospitality businesses will collapse in the next 12 months.
Creative marketing key to success in tough times
Creativity is emerging as the great differentiator propelling brands forward as they face into strong economic headwinds, Australian Association of National Advertisers’ Josh Faulks says.
Craft brewing tech start-up eyes US expansion
A smart refrigeration platform that provides beverage producers with real-time chilling information is planning a $5m capital raise after signing up its first US customers.
Jobs bonanza at Gold Coast boat builder Riviera
Dozens of new apprenticeships are being offered by Gold Coast luxury motor yacht builder Riviera as it continues to ramp up production, many for export to the US.
CBA’s Xccelerate program flags $250k for AI start-ups
The nation’s largest bank has opened an AI accelerator seeking start-ups it can partner with to improve customer and employee experience.
‘Generation luxury’ puts shopping ahead of home loans
Millennial and Gen Z consumers with an appetite for luxury brands have propelled stores selling Louis Vuitton, Richemont and Hermes.
Aussie firm aims to clean up the laundry game
Gold Coast-based OzKleen has launched a direct-to-consumer laundry liquid delivery service that it says undercuts the multinationals by as much as $9 a litre.
Original URL: https://www.theaustralian.com.au/business/small-business/page/2