Business News

New reporting laws could mean big penalties for small businesses

With mandatory data-breach reporting laws coming into effect from February 22, the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) has urged small businesses to be prepared. ASBFEO Kate Carnell says any unauthorised access or data breach of someone’s personal computer from a business computer system where serious harm is …

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Toolkit to drive supply-chain efficiencies

The Australian Food and Grocery Council (AFGC) says the release of its Common Despatch Checklist Toolkit will be a valuable resource for supply-chain professionals to drive greater efficiencies to retailers. Developed by the AFGC’s trading partner forum (TPF), the toolkit provides a suite of simple tools to support suppliers and …

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Retail recruitment: hire great talent quickly and with ease

By Xref Sales Director Mike Brett. As Australians return to work and school, retailers are coming up for air from the chaos of the busy holiday period. In preparation for the year ahead, with Easter just around the corner and EOFY on the horizon, it is important that retailers reflect …

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Small-business approaches to ACCC up 30pc in six months

The Australian Competition and Consumer Commission says almost 5,000 small businesses reached out to the organisation in the second half of 2017, up from 3,700 in the preceding six months. “Alleged misleading conduct, false representations and consumer guarantees remained the top issues reported to the ACCC by business last year,” …

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Cyber incidents top list of Aussie business risks

Cyber incidents are now the number-one risk for Australian businesses, according to the latest Allianz Risk Barometer. The report is published yearly by Allianz Global Corporate & Speciality (AGCS), with the 2018 version – its seventh – based on the insights of a record 1,911 ‘risk experts’ from 80 countries. …

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ARA to address Australia’s retail skills gap

The Australian Retailers Association (ARA) has recognised “a critical-skills need” for formal education for entry- to mid-level buyer and merchandise planner roles in Australian retail as a result of the significant changes made to 457 visas. ARA Executive Director Russell Zimmerman says although the retail sector was not consulted on …

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Small-business investment barriers identified

The Australian Small Business and Family Enterprise Ombudsman has released a study into factors affecting small-to-medium-enterprise investment. Speaking at the Institute of Public Accountants national conference on the Gold Coast last week, Ombudsman Kate Carnell said barriers to investment included access to capital, red tape and energy prices. Removing these …

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Are your staff overqualified?

More than half of Australia’s retail workers are overqualified for their current job, with qualifications that are either unnecessary or make them no better at their job, a study has found. SkillsIQ’s ‘Right Skills. Right Time?’ report shows 2.5 million Australian workers spend time and money on qualifications not needed …

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IRexchange announces senior appointments

IRexchange, the Australian start-up that enables independent retailers and suppliers to deal and trade directly with one another, is appointing several new non-executive board members and executives. The appointments include Andrew Clark, who will lead the business as CEO FMCG, and Corey Montry as Chief Financial Officer. Mr Clark has …

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SmartCarts closer to trial

Shoppers around the world are one step closer to experiencing artificial intelligence (AI) in action when they fill up their supermarket carts following a private investor’s buy in to a leading AI startup in the southern hemisphere. IMAGR, an AI company from New Zealand, has secured Sage Technologies Ltd as …

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