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Looks at the business and economic performance of Western Australia. Factors contributing to the region's economic growth; Total spending on resource projects; Percentage decline in unemployment.

The article discusses the stagnant economic growth in Queensland. David Goodwin, president of the Chamber of Commerce and Industry Queensland (CCIQ), notes the growing unease in the business community that the region has wasted its advantages as a resource-rich economy. A report by the CCIQ showed that state regulation cost the region's economy 6.6 billion Australian dollars in 2009-2010. Several factors that affected Queensland's economic growth are discussed, including increase in population and decline in net interstate migration.

The article focuses on the risks of the economic recovery in Australian business. It states the threat of underplaying the value of solid cash flow. HLB Mann Judd's Geoff Webster stresses the need to balance expansion plans with working capital demands of the business core operations. It discusses the importance of risk-mitigation and management strategies in business as well as recognizing existing staff. It also highlights the value of a business plan to secure a good business deal.

The article reports that the number of bad-debt insurance claims in Australia had doubled in June 2009 compare to the number in June 2008. According to National Credit Insurance, they received 131 claims in July 2009, with the highest levels of unpaid debt from the building and advertising industries which affected other industries. Bendigo Bank-owned Oxford Funding chief executive Rob Lamers believed that this insurance claim increase reflects the declining condition of the business sector.

The article reports on local businesses' optimism. MYOB Ltd. data shows that 40 percent of businesses declined in sales in 2008. Meanwhile, 20 percent of respondents reported 10 to 30 percent increase in revenues. It notes that 54 percent of businesses are optimistic that the economy will recover within six to 18 months. An overview of the MSI Global Alliance's survey to Australian small and medium-sized enterprises (SMEs) is presented.

The article features John Law and Alan Green, founder of the surfwear company Quiksilver Inc. It notes that the company's market capitalization of $1.6 billion in 2007 dropped to $120 million. It states that Law and Green sold the bulk of the Quiksilver when the company internationalized. Moreover, it adds that the two spend their time looking for unpopulated surf breaks and powder snow.

Reports on news and information regarding the outlook for business in Australia. Economists views on whether Australia's economy will continue its momentum or slow down; The suggestion that strong consumption and weak investment is beginning to hurt the economy; Economic outlook for Australia.