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Australia business confidence index at eight-month low: survey

Business Interruption: It's Not A Matter Of If, But When

Credit: Reuters/Daniel Munoz SYDNEY | Mon Aug 12, 2013 9:59pm EDT SYDNEY (Reuters) - Australian business confidence took a hit last month as firms reported an intensifying squeeze on profits, a survey found on Tuesday, underlining the case for record-low interest rates. National Australia Bank's (NAB.AX) monthly survey of over 400 firms found weakness in sectors from finance to property and construction overshadowed a solid improvement in conditions for retail, mining and recreation. The survey's main measure of business conditions stayed at a revised -7 points in July, led by a further decline in profitability to its lowest in over four years. Indices of sales and employment improved somewhat but remained soft historically. Its measure of business confidence fell back to -3, from 0 in June, meaning pessimists outnumbered optimists.
For the original version including any supplementary images or video, visit http://www.reuters.com/article/2013/08/13/us-australia-economy-business-idUSBRE97C01820130813?feedType=RSS&virtualBrandChannel=11563

Operational recovery What would you do if your building became unavailable to you or your customers? 1. Instead of desktop computers, purchase laptops with docking stations that allow key employees to work and connect remotely, both internally and with customers. Make sure the laptops have Wi-Fi and a mobile router (4G) in case your broadband connection goes down. This costs a little more, but its good connectivity insurance.
For the original version including any supplementary images or video, visit http://www.forbes.com/sites/jimblasingame/2013/08/12/business-interruption-its-not-a-matter-of-if-but-when/

Etsy helps build a family business

Heather works out of her living room, where she says materials have taken over her house. Most importantly, that "fast-forward" button is finally off and they have more time to spend with their children. And, wherever they go, the cash register ring reminds them Sunshine Daydream is alive and well. Stay in touch! Don't miss out on the conversation we're having at CNN Living. Follow us on Twitter and Facebook for the latest stories and tell us what's influencing your life.
For the original version including any supplementary images or video, visit http://www.cnn.com/2013/08/12/living/irpt-etsy-sunshine-daydream

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