Business News

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. …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

Grocery retailers close the gap between digital experience and customer expectation

Grocery retailers have significantly improved the digital experience they provide over the past 12 months, with the industry emerging as the top performer across the eight industries surveyed in SAP Australia’s 2017 Australian Digital Experience Report. The report, based on input from more than 4,000 shoppers in Australia who rated …

Read More »

New tools help young workers to stand up for their rights

The Fair Work Ombudsman and the Foundation for Young Australians have partnered to release new resources to help young workers do deal with workplace concerns. Six new videos available on the Fair Work Ombudsman’s YouTube channel address issues commonly experienced by young workers and give tips for dealing with workplace …

Read More »

Shoppers vote with their feet over card restrictions

Australian businesses could be losing up to 56 per cent of customers due to minimum spends or not accepting card as a payment method. A study commissioned by Mastercard revealed that four in five Australians agreed that they resent restrictions such as minimum spends and charges when making payments by …

Read More »

Woolworths connects with own-brand suppliers

Own-brand grocery specialist Solutions for Retail Brands (S4RB) has partnered with Woolworths on a new system to help the retailer connect with suppliers. Powered by supplierENGAGE, the Woolworths FoodCo Supplier Portal allows producers to ask questions, access documents and stay up to date with company news and policies. The Woolworths …

Read More »