NSW

NSW leading the nation on small business growth

The latest figures from the Australian Bureau of Statistics reveals an additional 20,000 actively trading small businesses set up in NSW in the 2015-16 financial year. Deputy Premier and Minister for Small Business,... Read more »
Amsterdam named 2016 European capital of innovation

Young NSW entrepreneurs get $12m innovation boost

NSW State’s leading eleven universities, and the CSIRO, are partnering with the NSW Government to develop a new statewide innovation network giving start-up businesses access to expertise and resources they need to... Read more »
Toyota, Sony and Honda suspend production following Japan quake

Toyota, Sony and Honda suspend production following Japan quake

Toyota Motor Corp., Honda Motor Co., Sony and other firms suspended operations after a powerful earthquake struck Kyushu, damaging factories and supply chains. Two earthquakes hit southern Japan on 14 April and... Read more »

Aussie startup scene needs more commitment and less conversation

There’s a difference between interest and commitment, said Bill Bartee, co-founder of venture capital firm Blackbird Ventures. “If we’re really going to succeed, there has to be a real, real commitment” By Ariel... Read more »
Joe Hockey's former home in the salubrious suburb of Forrest has been eventually sold for $1.515 following negotiations

Former treasurer Joe Hockey sold his Canberra home for $1.5 million

Former treasurer Joe Hockey has sold his Canberra home for $1.515 million — making a profit of more than $1 million. The heritage-listed home went to auction Saturday, drawing a large crowd... Read more »
Australia is one of the world's biggest coal producers

Indian coal giant Adani secures $7.7 Billion Australian mining leases

Australia Approves Adani’s Galilee Basin $7.7 Billion Coal Mine Project SYDNEY (Australia) – India’s Adani Enterprises may soon start work on the mega Carmichael coal project in Australia after securing leases following the... Read more »
Singapore is world’s most expensive city for third year in a row, says EIU report

Singapore is world’s most expensive city: EIU report

Singapore is world’s most expensive city for third year in a row, says EIU report For the third year running, Singapore is the world’s most expensive city in the world, though Zurich... Read more »

Russia leads the ranking for most women business leaders

Russia, Philippines have the highest share of women in senior business roles When it comes to the percentage of senior management roles held by women, the United States, United Kingdom ad Australia are... Read more »
Johnson & Johnson to pay $72m for cancer death linked to baby powder

Johnson & Johnson to pay $72m for cancer death linked to baby powder

Jury in Missouri orders pharmaceutical company to pay damages to family of deceased woman who claimed talcum powder caused her cancer Johnson & Johnson was ordered by a Missouri state jury to... Read more »
Together, China and the US account for nearly half of the billionaires on the planet. Beijing, for the first time, has taken over New York to become the world capital of billionaires with 100 live there.

China has more billionaires than US now

China edged out America on several fronts in a new report profiling the world’s wealthiest people. Beijing pushed New York into second place – 100 to 95 – when it took over this year’s... Read more »

Australia’s mortgage debt reaches $1.4 trillion

By Greg McKenna (for Business Insider) Australia’s love affair with mortgage debt continued to march ahead in 2015, according to the latest data from banking regulator APRA. APRA’s quarterly Authorised Deposit-taking Institution... Read more »
Jin Liqun, president of the Asian Infrastructure Investment Bank (AIIB), speaks at a press conference in Beijing, capital of China, Jan. 17, 2016. (Xinhua/Li Xin)

Newly-opened Asian Infrastructure Investment Bank to revamp Asian economies

The Asian Infrastructure Investment Bank is designed to revamp aging infrastructure in emerging Asian economies. The Chinese-led bank starts with 57 member states and a capital stock of $100 billion. BEIJING (China)... Read more »

Oil dives below $33 – the lowest in 11 years

Oil prices hit their lowest in over 11 years on Wednesday, as the row between Saudi Arabia and Iran was seen making any cooperation between major exporters to cut output even more... Read more »

Health, Tech, Management top list as Best Jobs for 2016

While many people make promises to eat better or exercise more in new year, others look to land a new job or switch careers. If the latest jobs report is any indication,... Read more »

Australia and New Zealand dollar forecasts for 2016

Risks include the weather, the global scene, low export prices and deteriorating structural metrics, but there are reasons for cautious optimism too By Precious Silva (IBTimes) Analysts remain mixed on how the... Read more »

What economists are saying about Australia’s bumper GDP report

Australia’s GDP report shows the economy growing by a larger-than-expected 0.9% in the September quarter on the back of surging commodities exports and strengthening household consumption. Having had time to digest the... Read more »

Consumers urged to shop wisely in the final weeks before Christmas

NSW Fair Trading Commissioner Rod Stowe has urged consumers to purchase gifts wisely as we head into the last five weeks of shopping before Christmas and reminding shoppers and retailers of their... Read more »
Berlin is home to some of the world's top historical and cultural institutions, including the Topography of Terror, an exhibition on the site of the former Gestapo headquarters. Photo: Andrew McCathie

Australian entrepreneurs in Europe’s start-up capital

Start-ups are driving force in Berlin’s growing economy By Andrew McCathie in Berlin (for ABC) Australian-born Biunca Perera came to Berlin last year before starting to work with the online fashion group... Read more »
NSW

NSW Economy hits half a trillion dollar mark

NSW is the first half a trillion dollar state economy in Australia, with Treasurer Gladys Berejiklian welcoming the results of the ABS 2014-15 State Accounts. “This is the first time ever that... Read more »

Australian Dollar stronger but can the Labour Market data be trusted?

By Will Peters The Aus dollar outperformed the British pound over the past 48 hours thanks to data showing more jobs were created in Australia than many economists were expecting, but lingering... Read more »
Minister Ayres with Vice Governor of Jakarta signing the MOU with NSW

Australia and Indonesia sign agreement on Trade

NSW and Jakarta Agreement to enhance trade in areas of Agriculture, Education, Technology, Infrastructure services NSW and the Jakarta Capital City Government have today renewed their long-standing Sister State Relationship by signing... Read more »
Australia is one of the world's biggest coal producers

Australia approves controversial India-backed coal mine despite environmental concerns

Australia’s government has given its approval on Thursday for one of the world’s biggest coal mines to be built by India’s Adani Mining in Queensland despite environmentalists’ fears that the project threatens the... Read more »

Indonesia recorded a trade surplus of US$433.8 million in August

JAKARTA – Indonesia recorded a trade surplus of US$433.8 million in August, with exports reaching US$12.78 billion and imports at US$12.27 billion. The volume of trade also recorded a surplus of 28.94 million... Read more »

Andrew Robb in Indonesia to promote trade and investment

Trade and Investment Minister Andrew Robb is on a visit Jakarta to enhance our trade and investment relationship with Indonesia. Prime Minister Malcolm Turnbull felt it was important that the planned visit proceeds... Read more »