Latest Business News

• Mauritius – the new Gateway to Africa

  

  Strategically located between Asia and Africa, Mauritius is an efficiently regulated offshore centre that is ideally positioned to become the headquarters to Africa over the next decade. An impressive range of Double Taxation Agreement treaties combined with a low cost of living and administration provides the region with a competitive edge as the natural conduit for investment into Africa

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• Swan: Economic crisis can be managed

  

  Australian Business members and guests gathered in London on 17 October for lunch with Australia’s Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP. The event was supported by the Australian Trade Commission (Austrade) in London.

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• Treasury warns of second world recession

  

  Australia’s Treasury chief has warned the world could be dragged into a second recession if Europe fails to deal with its debt problems.

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• Trademarks vs patents

  Sable Group explains the difference between trademarks and patents, and why you need to register your ideas.

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• Dispute settlement group aims at China

  

  The president of the Australian Centre for International Commercial Arbitration (ACICA) says servicing cross-border dispute resolution is a global business worth billions of dollars each year, and Australia is attempting to get a share

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• What is a copyright?

  Ever wondered what the difference is between copyrights, trademarks, designs and patents? Sable has the answers.

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• Retailers bracing for a tight Christmas

  Retailers are bracing for a lean Christmas with heavy job losses and meagre sales expected amid growing economic uncertainty.

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• Wheatstone project will make Australia second largest exporter

  

  Australia is set to become the world’s second largest exporter of liquefied natural gas, after Chevron Australia decided to go ahead with its A$29 billion Wheatstone project.

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• Qantas hit with long weekend strike

  

  Qantas will be hit by more strike action this Aussie long weekend as families head interstate and football fans converge on grand finals.

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• Qantas hit with long weekend strike

  

  Qantas will be hit by more strike action this long weekend as families head interstate and football fans converge on grand finals.

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• Foster’s, SABMiller deal a certainty

  

  Another iconic Australian company is on the verge of being sold to foreign owners as SAB Miller reach a deal to buy Foster’s.

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• TNT put into administration

  TNT Publishing Limited has been put into administration.

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• Australia’s competitiveness ranking slips

  

  Australia may be growing at a faster pace than many major economies, but it is slipping down the league table when it comes to being competitive.

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• Wheels fall off Damelian group

  

  The wheels have come off Sydney motor vehicle dealership Damelian Automobile, which has been placed in receivership with debts of at least $80 million.

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• Economy undergoing ‘painful adjustment’

  The shedding of 1000 jobs at BlueScope Steel is a stark reminder that a strong Australian dollar is not all about cheap overseas holidays and big screen TVs.

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• Market plunge wipes $43b off Aussie stocks

  

  The Australian share market has suffered its biggest fall in a fortnight, wiping off $43 billion in value as investors were spooked by poor earnings results and global recession fears.

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• Accounting staff keeping bosses awake

  

  Accounting firm bosses are having sleepless nights worrying that they are about to lose their top numbers men in what is becoming an increasingly competitive jobs market.

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• Jobless rate rises in Australia but still envy of the world

  

  The federal government has played down an unexpected spike in the jobless rate above five per cent, saying Australia’s labour market is still the envy of the world.

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• Carbon tax will have similar impact to GST

  

  The effects of the Gillard government’s proposed carbon tax on the Australian economy will be similar to those experienced when the GST was introduced, the central bank says.

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• Investors keep dumping News Corp stock

  

  Investors have again pummelled News Corporation, sending the global media giant’s share price to fresh two-year lows as UK police made more arrests over the phone hacking scandal.

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