What are the first steps needed to restore business confidence?

April 19, 2012

By Steven Wojtkiw

The latest VECCI-Commonwealth Bank Survey of Business Trends and Prospects has confirmed that Victorian businesses experienced a difficult start to 2012, and confidence on the outlook for the economy is weak.

In the March quarter 2012, a widespread decline in profitability was reported; manufacturers and retailers continued to experience difficult conditions and regionally-based businesses were particularly concerned about conditions over the year ahead.

With a less than rosy business outlook, the key question is what steps can be taken to at least reverse the trend and get business confidence heading in the right direction?

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Post-Henry, Vic tax reform agenda must resume

May 3, 2010

By Steven Wojtkiw

After the freeze on tax cuts in the 2009/10 Budget as a result of the Global Financial Crisis, it is time for the Victorian Government’s tax reform agenda to resume.

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Emissions trading delay no reason to halt business sustainability

April 28, 2010

By The Editor*

The Rudd Government’s announcement that it will delay consideration of an emissions trading scheme to the end of 2012 comes amid increasing public scepticism of the cost and impact of the scheme on reducing carbon, as well as the slow or non-existent pace of adoption of such schemes by other countries.

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Quick Quotes: rate rise warranted?

March 2, 2010

By The Editor

UPDATE (2:45pm, 02/03/10) - “Reserve Bank raises interest rates by 25 basis points to 4pc” [The Australian]

As Australia continues its climb towards economic stability and growth, each interest rate announcement from the Reserve Bank has been greeted with its fair share of coverage and commentary.

Today, many keen “rate watchers” are expecting that the Reserve Bank to raise interest rates:

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