Australia/ New Zealand Small Business News Round-up – 26/03/2008

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:

  • Business confidence plunges:The latest Auckland Chamber of Commerce quarterly business opinion survey points to a sharp deterioration in business sentiment. Of 1000 businesses surveyed, 64 per cent said they expected the general business situation would get…
  • Overhaul Beneficial To Nz Companies, says IBM: IBM is overhauling its multimillion-dollar New Zealand software business, a move it says will benefit about 50 local companies which on-sell its products. Since 2002 IBM has channelled all its software sales through a single New…
  • Creditors take hit to keep firm in business: A North Shore liquidator believes it has achieved a first under new company insolvency laws by getting creditors to agree to its plan for rescuing a local firm. This week Waterstone Insolvency got creditors of Northern Energy Services…
  • Business hit by rising rates: FOUR official increases in interest rates since August last year are taking their toll on business with a new report showing confidence has fallen to its lowest level in 15 months.
  • Labour’s firs 100 days: What does it mean for tech?: With its first 100 days behind it, Labor has given the IT industry a lot to think about: standing by election promises, centralising Federal government procurement, and instigating funding cuts.
  • Following the money trail: The business interests of Blue Chip co-founders Mark Bryers and Bob Bangerter are under scrutiny as liquidators follow a complicated money trail to track millions of dollars of investors’ money. Blue Chip liquidator Jeff Meltzer…

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

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