The Council of Textile and Fashion Industries of Australia (TFIA) has called on industry stakeholders to have a debate about the future of the TCF industry. This call follows a submission to the new Abbott Government setting out priority ...
Tags: Future of Industry, Textile
Emerging markets are set to offer Australian businesses opportunities for growth over the coming year, according to research conducted by CFO Research in collaboration with American Express. According to the survey, almost a quarter (22%) ...
Tags: Emerging Markets, Transport, Service
If?Australian companies were to virtualize their severs and physical infrastructure, $6 billion in costs could be saved from now to 2020, according to a new whitepaper by research firm IDC. In the VMware sponsored whitepaper,?Vision 2020: ...
Tags: Computer Products, software
Toyota Australia has announced a $123 million investment in its Victorian manufacturing operations, shoring up its presence on the local automotive scene until at least 2018. The funding will support the production of a “major ...
A BIG upswing is expected in coming years in the number of Australian businesses transacting with China in yuan, according to a survey by HSBC. While only 7 per cent of Australian companies have conducted cross-border yuan transactions -- ...
Tags: businesses transacting, economy
Almost 70 per cent of Australians would pay more for their clothes if they knew overseas workers were paid a decent wage and that garment factories had safe working conditions, according to a new Oxfam Australia survey. The survey, which ...
The sharemarket completed its biggest weekly drop in a year as a cocktail of global and domestic concerns drove the nation's benchmark index down all but once in the past five days. The S&P/ASX 200 index slumped 3.8 per cent this week as ...
According to a recent release, Result Packaging’s Process Automation Division will be Numina Group’s sales and technical support partner for implementing distribution automation in Australia. “Numina Group has seen an ...
Tags: Numina Group, Packaging
The recent landmark currency agreement between Australia and China is good news for Australian manufacturers. Under the agreement, exporters will be able to directly trade the Australian dollar with the yuan and vice versa. The deal, ...
Tags: Currency Deal, Boost Trade
At least $200 million will be invested into early stage, high growth Australian companies by three new venture capital funds supported by the federal government’s Innovation Investment Fund (IIF). The IIF is a Government vehicle ...
Tags: venture capital funds, Bionomics, Pharmaxis
Australian businesses don’t plan to hire new staff in the coming months, and are putting off investments, as the cost of doing business takes its toll. On the back of recent high-profile job cuts and off-shoring announcements by a ...
Investors took a record high for US stocks - the bellwether Dow Jones Industrial Index eclipsing its pre-global financial crisis peak - as confirmation that the US economic recovery is gathering strength and sent the local market to its ...
Tags: US stocks, Stockmarkets, Stocks
The Australian Bureau of Statistics has found that 25% of part-time workers want more hours, against an agency finding that promotes part-time work. According to an Australian Bureau of Statistics (ABS) report, over a quarter of part-time ...
Tags: Australian Bureau of Statistics, part-time work, employment
The sharemarket resumed its upward march yesterday as corporate earnings encouraged investors to continue moving from cash and bonds to equities. The benchmark S&P/ASX 200 closed up 0.6 per cent at 5063.4 -- its highest since the ...
Tags: earnings, sharemarket, benchmark
Cost cutting is tipped to continue to be the focus of Australian companies when they release earnings results next month with investors looking for a more disciplined approach to growth plans after recent job losses and writedowns. ...