Business News

E-invoicing will improve SME cashflow, says ombudsman

Australian Small Business and Family Enterprise Ombudsman Kate Carnell says e-invoicing is good for small and medium-sized businesses (SMEs). Ms Carnell argues that it streamlines payments and improves cashflow, and therefore makes SMEs more productive. She also welcomed the Australian Treasury’s public consultation on how e-invoicing could work best. $28 …

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BP Australia dedicated to working with indigenous peoples

BP Australia has launched its third Reconciliation Action Plan (RAP). According to the company, the 2018-2020 RAP strengthens its dedication to working with Aboriginal and Torres Strait Islander people. BP says it defined the focus of the RAP through “extensive engagement” with its employees, indigenous communities and external stakeholders. “I’m …

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Minister to intervene in ‘double dipping’ case

Federal Jobs and Industrial Relations Minister Kelly O’Dwyer says she’ll intervene in a federal court case involving employee entitlements. The company involved is WorkPac, which describes itself as “specialising in recruitment for mining jobs, construction, engineering, and oil and gas jobs”. The National Retail Association (NRA) has welcomed the minister’s …

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Paving the way for the future of retail

Active International Australia explains how to safe-proof your inventory management. Managing stock is fraught with challenges in today’s retail landscape. While surplus stock ties up capital and can keep you from reinvesting in your business, waiting times on products will deter the modern customer who ‘wants it right now’. Experts insist …

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Coca-Cola invests in Made Group

Coca-Cola Amatil and The Coca-Cola Company have announced joint acquisition of a 45 per cent minority interest in Made Group. Made Group is responsible for Australian beverage brands including Cocobella, Rokeby Farms, Impressed and the company’s first brand, NutrientWater. Through this partnership, Made Group will reportedly continue operating independently. But …

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