Tag: business

Airbus is gearing up for a fierce competition in the race to develop the next generation of aircraft technology. The company has revealed its plans for a future aircraft set to debut in the latter half of the next decade, with a primary focus on enhancing fuel efficiency to reduce emissions and operational costs. One…

In a recent team meeting, Deion Sanders, the head coach of the Colorado Buffaloes football team, displayed his commitment to developing his players beyond the field by guiding Camden Dempsey, a long snapper, through a business pitch rehearsal. Sanders, known for his holistic coaching approach, often imparts life lessons and invites notable figures like actor…

Nominations are officially open for the 2025 Moreton Bay Business & Innovation Awards, a prestigious event now in its eighth year. These awards serve as a beacon of recognition for excellence, innovation, and resilience within the local business community of the City of Moreton Bay. They honor the remarkable contributions made by individuals and organizations…

Indigenous Business Australia (IBA) has recently made significant appointments reflecting a strong community focus. Olga Havnen, a Western Arrernte woman, has been promoted to the position of deputy chairperson after joining the IBA Board in December 2024. On the other hand, Josh Gilbert, a Worimi man, has been reappointed as a board director. Both individuals…

Business lending in Australia experienced significant growth in February, surpassing the expansion seen in residential lending. The latest data from the Australian Prudential and Regulation Authority (APRA) revealed a notable increase in business loans provided by Australian banks compared to lending for residential purposes. According to APRA, business lending to non-financial entities such as retail,…

In a recent move by the government, non-compete contracts for Australian workers earning under $175,000 are set to be banned. This decision, nestled within the budget papers alongside other significant announcements, has sparked interest and debate among economists and the workforce alike. Non-compete clauses, commonly found in employment contracts, serve to limit an employee’s options…

In Tasmania, the issue of illicit cigarette trade has raised significant concerns within the business community. The Tasmanian Small Business Council has sounded the alarm, highlighting the prevalence of illegal cigarettes being sold on the streets. To illustrate the severity of the problem, a council member conducted a test purchase at a Hobart store, acquiring…

In a significant move to alleviate cost-of-living pressures, the Australian government has unveiled its Federal Budget for 2025, marking a rare fourth budget announcement. Federal Treasurer Jim Chalmers addressed Parliament, expressing optimism about the economy’s trajectory, citing a noticeable upturn in economic activity. For small businesses, the budget brings promising updates as highlighted by Luke…

The proposed ban on non-compete clauses in the federal budget has sparked discussions on its potential impact on workers, particularly those at the entry-level and small business owners. The issue gained prominence when Nicole, a 26-year-old sales manager, faced a six-month non-compete clause after resigning from her job for a better offer. This restriction, common…

In the realm of business survival, the threat of technical debt looms large, potentially crippling operations if left unaddressed. While the risks posed by legacy systems are well-documented, the insidious nature of technical debt extends beyond these obvious pitfalls, permeating various facets of the IT landscape. Research indicates that a significant portion of IT leaders…