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Australian frequent flyer points website Point Hacks is warning business travellers against redeeming their points to buy products, suggesting there is often better value to be gained elsewhere. The site compared the cost in points of nine everyday products listed on both Qantas Shopping and Virgin Australia’s Velocity eStore, and…

If last financial year felt like a bad one, you’re not alone, with analysis of almost 30,000 Australian small businesses finding an average sales slump of 7.6 per cent. The figures, compiled by Invoice2go using analysis of its 29,629 Australian business customers, revealed that the 2018–19 financial year was a…

The federal opposition has announced that it has referred complaints about extended payment terms and “reverse factoring”, a payment practice that it said unfairly burdens SMEs, to the ACCC for investigation. Late on Monday (30 September), the federal Labor Party issued a statement claiming that the ACCC has launched an investigation…

It may be burning a hole in the pockets of Aussie consumers, but shopping directly through social media is delivering businesses $16 billion annually, ING research suggests. The bank commissioned YouGov to survey Australians on their shopping habits through social media: so-called “social shopping”. Among the 1,084 Australian adults (those…

Having headed up businesses at every level, from being a sole trader to running the likes of Gloria Jean’s Coffees, Mark Bilton knows there is one key trait common to virtually all successful companies. That trait, he says, speaking exclusively on the My Business Podcast, is collaboration. “The ones that…

How does a small company become successful? Despite the bad news we so often hear about the number of small businesses closing or moving, the news really isn’t all that bad: Thousands of small businesses startup every year, and a good percentage of those companies have learned what it really…

Business is an art as well as a science. It’s a matter of practical experience, judgment, foresight and luck. To be successful in business, you must master the basics of business success. Fortunately, all business skills are learnable. You can learn anything you need to learn, to achieve any goal…