So when is a recession not really a recession? Apparently, according to Federal treasurer Wayne Swan, when it’s “a period of negative growth”. How very comforting. A period of contracting economic adjustment is far nicer than the “R” word, Continue reading “Political-Speak”
I know it’s tempting, but the very worst thing you can do as a small business owner at the moment is bury your head in the sand. Make no mistake, the world has changed and your business has to change with it.
The media is filled with a daily diet of reports on the economy - ranging from oil and grocery prices, collapsing housing markets and falls on the stock market, to interest rates, unemployment and recession.
The sounds of the giants falling has reverberated around the world. Customers stood in shock as some of the oldest and biggest names in retailing such as Woolworths in the UK and massive electronics supplier Circuit City hit the canvas in quick succession. Continue reading “Retail Power Battle”
From an article “The Drive To Be Alive” by Dr John Demartini.
Not everyone has to descend into the perceived loss of confidence and self-worth that often goes hand in hand with the loss of a meaningful and fulfilling occupation.
McDonald’s is lifting prices in poorer suburbs because it believes patrons in those areas are more likely to accept the higher charges, while those in affluent areas would complain. Continue reading “McDonald’s Targets Poorer Suburbs”
There have been rumblings around the office about the future of this company, and more specifically, your job. As you know, the economy has changed for the worse and presents many challenges. However, the good news is, the economy doesn’t pose a threat to your job. What does threaten your job, however, is the changing political landscape in this country. Continue reading “A Letter From Your Boss”
Jobs are the mantra of the day. To Queenslanders, the refrain of “jobs, jobs, jobs,” adopted by Federal Opposition Leader Malcolm Turnbull may sound hauntingly familiar as both sides of politics attempt to bleed political capital from what is a very real world financial crisis. Continue reading “Jobs Front Still Confident”
Banks carrying stacks of debt - much of it bad - have balance sheets teetering on the edge.
To appreciate the magnitude of the economic crisis we have to get our heads around some big numbers - such as the $1.2 trillion (US800 billion) US President Barack Obama is planning to spend to pump up a seriously deflated economy. Continue reading “Australia Is Small Change”
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