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High-profile economic consultancy firm Concept Economics collapses

Concept Economics, the consultancy firm run by prominent economist and former Telstra advisor Henry Ergas, has collapsed into administration.

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THE LIGHTER SIDE: Fed up with work?

Feeling a little disillusioned about work lately? Perhaps take a leaf out of Kramer’s book in this episode of Seinfeld.If you've got a suggestion for our Lighter Side video, let us know at...

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Accounting costs could soar under new accounting standards for SMEs

Accounting experts have warned that small- and medium-sized businesses could face increased costs and a much higher administrative burden under new accounting rules proposed by the Australian...

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Language schools collapse into administration

Eight English-language schools run by GEOS International Colleges Oceania have been placed in voluntary administration, leaving 2,300 international students facing the prospect of losing their places.

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Collapsed GEOS language schools will not re-open as debts hit $10 million

Eight collapsed language schools owned by the Japanese-based GEO Group will remain shut, leaving the places of 2,300 students up in the air and 390 employees out of work.

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ASIC warns of hard line on financial reports

The corporate watchdog has warned companies and auditors that they must raise red flags where a company is in danger of breaching its loan covenants or facing solvency problems, amidst concerns that...

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Battle for Ross Human Directions heats up as Malaysian firm increases bid in...

The battle for control of listed recruitment firm Ross Human Directions is heating up, with Malaysian bidder Peoplebank increasing its bid by more than 13% in response to suggestions that Hungry Jack's...

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Directors back takeover of Julia Ross’s recruitment firm despite expert...

The board of listed recruitment firm Ross Human Directions, founded by leading female entrepreneur Julia Ross, have re-iterated their support for a takeover bid from Malaysian company Peoplebank,...

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Hotel chief James Spence wins Entrepreneur of the Year title as cubby house...

A Perth-based entrepreneur who dropped out of university to manage rock bands before building an international hotel business was been named Australia's Entrepreneur of the Year in accounting firm...

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Julia Ross eyes $26 million payday as battle for recruitment firm to drag on

The takeover battle for Ross Human Directions, the recruitment firm owned by leading female entrepreneur Julia Ross, is set to drag on until at least December 16 as the company's board continues...

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Business lounge operator Bureaux wound up

Business lounge and serviced office operator Bureaux Australia has shut its doors and is in the process of being wound up, owner Rowena Murray announced yesterday.

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Financial planners to face extra training requirements to give tax advice

Financial planners will be forced to undergo extra training to give advice on taxation issues under new measures announced by Assistant Treasurer Bill Shorten, as the Government steps up efforts to...

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Survey suggests franchisors must increase franchisee support, tweak models...

Franchises should ensure constant communication with their franchisees and start tweaking their models to account for a more frugal and lifestyle-conscious customer in order to make the most of a...

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Major agribusiness distributor collapses after funding agreement fails

Interfert, one of Australia's largest fertilising importers and distributors, has collapsed into administration following a crash in fertiliser prices during the global financial crisis and a...

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Kaplan Australia continues acquisition spree, snaps up Carrick Education with...

Kaplan Australia has snapped up vocational and higher education group Carrick Education Group for an undisclosed sum, just weeks after its purchase of registered training organisation Franklyn Scholar.

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CPA Australia pushes for charity status

Accounting body CPA Australia is pushing to be granted non-profit charity status, arguing its work educating the public on taxation matters entitles it to more generous tax treatment.

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Assets of collapsed firm Extrastaff Recruitment bought by NSW Business Chamber

Extrastaff Recruitment, the Adelaide-based recruiting company that went into administration in October, has been given new life after being bought out by the NSW Business Chamber’s recruitment services...

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PwC scraps 211 jobs in corporate restructure

Accounting giant PricewaterhouseCoopers has cut more than 200 jobs from its workforce as the company attempts a restructure that it says will help cut down on service duplication.

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Yellow Brick Road suspends mortgage broker over ICAC claims

Yellow Brick Road has suspended mortgage broker Andrew Kaidbay over allegations that he lied to a NSW corruption hearing.

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Why the 'subscription economy' could change the way you do business

The founder and chief executive of Silicon Valley start-up Zuora has revealed how the company completed four rounds of funding totalling $82 million, and how the subscription economy is transforming...

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