Australia/New Zealand Small Business News Round-up – 30/04/2008

Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from Australia and New Zealand:

  • Extra responsibility comes as you grow: MOST small businesses have a strategy they hope will make them grow, so inevitably there comes a time when they no longer belong in the small category.
  • Big business bullies beware: MORE lawsuits about predatory pricing will be brought by small businesses against larger rivals after proposed changes to the Trade Practices Act, the Federal Government predicts.
  • Need a director? Look beyond the usual suspects: After robust debate recently about the lack of diversity on the boards of New Zealand companies, some have been criticised for not looking beyond their immediate circle for directors. Operating in a small business community, …
  • Business bullies reined in: BIG business will no longer be able to bully their smaller competitors out of their market under tough new competition laws announced today.
  • Put idle money to work: SOME businesses are letting their spare cash sit idle in low-interest accounts instead of putting it in new high-interest at-call online accounts.
  • One in five Companies make money overseas: Twenty per cent of New Zealand businesses generated some form of overseas income in the last financial year. For 44 per cent of businesses surveyed, their offshore income came from sales of finished goods, and over a third, 38…
  • Aussie confidence drops to seven – year low: Australian business confidence is at its lowest in seven years – since the aftermath of the dot-com crash in 2001 – as firms struggle to cope with decade-high interest rates. Financial market volatility is also affecting small,…

As always this list is not exhaustive, but I hope it will give you a little overview. — ST.

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