Archive for September, 2018

Government Boosts Aged Care Sector

The government announced last Friday that the $90 million it has allocated in next year’s budget to improve rural aged care facilities will be brought forward to this financial year.
As part of the announcement, aged care providers will be able to apply for grants up to $500,000 from a $40 million fund … Read more »

Ahead of the Curve – Banks to Lower Cost of Tap and Go Technology

24 September 2018

Perhaps most of our readers will not be surprised to hear that, according to research, Australian small and medium sized businesses waste an average of 216 hours (about 29 working days) each year counting and banking cash. This is the cost of accepting cash. In recent years however, technology has provided new solutions to reduce this cost of handling cash – contactless technology is now the … Read more »

Ahead of the Curve – Australian Manufacturing Growth Strong

17 September 2018

According to the latest figures from Australian Industry Group, Australian Manufacturing is on the cusp of two years of uninterrupted growth. The Group’s performance of manufacturing index climbed 4.7 points to 56.7 in August, indicating an increase in growth across the sector. Anything above 50 points indicates an expansion in activity, with the distance from 50 indicating the strength of any increase or decline.
The … Read more »

Medical Tourism the New Growth Story for Australia

Australia’s public health system has historically enjoyed excellent reputation as one of the world’s finest. In recent years, this reputation has been more and more appreciated by the growing middle class in Asia. One sub-sector of the health system in particular, has quietly risen from obscurity – IVF.

Australian owners of IVF provider Genea has been working to lure Chinese would-be parents to Australia for high-quality reproductive medicine services.

As revealed by Street … Read more »

Ahead of the Curve – Company Tax Cut to Arrive Earlier Than Scheduled Under New PM Morrison

10 September 2018

The nation’s new Prime Minister Scott Morrison has put the company tax cut policy for small-and medium businesses flagged by himself, ex-PM Malcolm Turnbull and Mathias Cormann two days before the leadership spill high on his agenda. According to costings prepared by the Federal Treasury, details of which was leaked to the financial media last week, PM Morrison’s tax cut would cost up to $3.6 billion and be … Read more »

Ahead of the Curve – Luxury Hotels Flock to Melbourne Whilst Businesses to Benefit from Cheaper Electricity

3 September 2018

In yet another sign of Melbourne’s strong economy outlook, more smart money are pouring into Melbourne’s high-end hotel sector. It was announced last week that Australia’s first St Regis Hotel is set to open its doors within the $800 million triple-tower Flinders Bank development in Melbourne’s CBD.
The 168-room, five-star hotel will occupy levels two to 11 in Tower Two of the development at 7-23 Spencer Street. … Read more »