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The article reports that an analysis of the wealth of members of the BRW Rich 200 in Australia shows that the decline in the economy had little impact on them because their total assets have reached close to record highs. It is noted that the total wealth of BRW Rich 200 members in 2010 is 135.84 billion Australian dollars, which represents a rise of 19 percent compared to the previous year. Also, each member has reportedly become richer they have ever been.

The article focuses on the BRW Fast 100 business enterprises in Australia which have grown despite the economic downturn. It mentions that the companies rejected to fear the economic forecasts wherein 67% stated that they were impacted while 77% stated that the situation offered them opportunities. It states that business owners rejected to cut down staff and reduce their profit forecasts. Moreover, Aussie Farmers Direct topped the list which has attained an annual revenue growth of 393%.

The article focuses on direct selling which started since the economic downturn. It mentions that direct selling roots from increased retrenchments, low cost of joining up and value consciousness of consumers. According to president of Mark Kay for Australia and New Zealand Ian Duncan, the internet has threats on direct marketing while a spokesperson relates that it helped Amway Corp. thrive in remote areas. It cites that beauty company Avon's global results are down.

The article focuses on the growth of the BRW Top 100 Accounting Firms despite the economic recession in Australia. It discloses the 10% increase in the audit division revenues of BDO Kendalls due to the regular audits and advisory services they provided to their new clients. Chairman of Moore Stephens & Co. Kevin Neville thinks that the 4.1% growth represents their resilience from recession. Meanwhile, Mark Johnson of PricewaterhouseCoopers LLP reveals their happiness in their 1% revenue increase.

The article reports on the views of executives from the finance services industry about the financial crisis in 2009 in Australia. Nick Collishaw of Mirvac Ltd. asserted that even if unemployment increases, the country still has greater than 90% of the population employed. Michael Hannan of IPMG said that the media has a crucial role in the global economic recovery, but they are under pressure to gain audience.

The article reports on the impact of the global recession on the manufacturing industry and the opportunities despite the economic downturn in 2009 in Australia. GM Holden Ltd., whose parent is General Motors Corp., switched from a two-shift operation to one. An Australian Industry Group survey found that manufacturing output will decrease for the first time in 18 years. It is said that the condition posed opportunities for restructuring or reforming businesses to become more competitive.

The article focuses on the history of the members of the 200 Rich list for Australia relative to those who dropped out of the 2009 list. It cites several list members who fell off the list from 1987 to 1990s who were able to recover the downturn and those who eventually slid below the rankings. Some of these include Kerry Packer, Bruce Mathieson, and Paul Ramsay. In the computers and telecommunications industry, there were Jodee Rich, Philip Cornish, and George Kepper.

The article discusses on the events related to the listed Australia's 200 wealthiest managers. It reveals the $4.49 billion decrease in wealth of Rupert Murdoch and the 40% or $2.37 billion fall of chief executive of Fortescue Metals Group Andrew Forrest. It notes the $44.4 million share value increase of News Corporation executive director James Murdoch and the $181.8 million rise of Stewart Elliot. It implies that the changes on their economic status are due to the global recession.

The article assumes potential business changes in response to the economic recessions. Economists predict the possible buyout of the automobile manufacturer General Motors Corp. (GP) by software developer Microsoft Corp. that will gradually change the business approach and business model of GP. There are also assumptions that countries will encourage more older people to come instead of exporting their labor to create a trend of elderly patients seeking care overseas.

The article focuses on the situation of Docklands in Melbourne, Victoria since its redevelopment. It notes that the area has attracted billions of dollars in investment and contained a mix of big-name commercial tenants. It also mentions that several leading projects in the area have been delayed due to economic downturn, but several big companies are still interested to invest.

The article discusses how the change in the world's financial status is molding a new kind of consumers in Australia which retailers profit from. The global crisis has awoken a side of every consumer made inactive by rising house prices, easy credit and record low unemployment. However, with the present crisis, almost 80% of consumers have cut back on expenditure and 58% have cut down on eating out, 53% on luxury grocery products, 49% on entertainment and 39% on overseas holidays.

The article examines the impact of the economic downturn on Australian franchises with healthy food, fitness and beauty offerings. IBISWorld predicts revenue growth in the gym sector to slow down in 2009. Food-court business Healthy Habits has made changes to keep its customers, launching meal deals and set-price pre-prepared items to cope with its customers's cautious spending. IBISWorld also sees revenue in the beauty therapy and day spa arena to decline in 2009.

Discusses how Tom Siebel, founder of Siebel Systems Inc., prepared for the possible effect of the U.S. recession on the company. Meeting with his executives; Changes in the 2001 growth strategy; Closure of the pending deals; Expansion of the company's back-office operations; Career highlights of Siebel; Developments in the company. INSET: Sober beginnings..

Reports that according to Australian Stock Exchange chairman, Maurice Newman, Australia is headed for a recession in 2000 because many companies and the government have not become year 2000 compliant. Comments from John Fahy, Federal Minister for Finance and Administration; Description of the year 2000 threat; Business leaders not convinced of the threat; Countries rated on preparedness. INSETS: Making money from their own mess, by Tom Pullar-Strecker;Dark days for those without a plan, by Colin James;Thailand is caught on the hop, by Colin Kruger and Nipapat A.;Telstra fixes early compliance target, by Negba Weiss-Doley

The article discusses how customer loyalty can help businesses survived the economic downturn. According to the article, loyal customers cost less to serve and they focus their spending on companies that they trust. It adds that customer referrals provide businesses with more like-minded customers which lay the foundation for growth when the economy rebounds. It points out that the advantages of customer loyalty explain why the biggest changes in the market share happen during downturns.

The article offers information on the BRW Fast 100 list of company rankings for 2009. It states that due to the economic downturn, the Fast 100 list is comprised of companies who combined tested approaches with innovations to boost their sales. The list includes the online, retail, gaming and construction sectors. These sectors plan to improve their growth strategies for the economic recovery in 2010. The Fast 100 list includes Aussie Farmers Direct, Valmont and Booktopia.

The article focuses on the strategies employed by various start-up businesses to achieve record levels of growths in spite of financial downturns. It notes that the Contexx Pty. Ltd., which is a construction company founded by Noel Henderson and Simon Gray, generated a 184. 7 million dollars turnover in 2009 after establishing direct factory outlets shopping centers. It also cites the 35% increased turn over attained by Bravura Solutions Ltd. due to their move to regain stock and takeover bids.

The article focuses on the condition of Australian economy after it was saved by China during the economic downturn. It cites that the economy of Australia has grown between 2.5% and 3.25%, in which according to "The Australian Financial Review," it was forecasted at 2.8%. The Chinese imports have increased by around 7% in September 2009 including the imports of Australian coal and iron ore. Moreover, big banks in Australia continue to lend despite the crisis not like in the U.S. and Europe.

The article reports on the effect of the increase in interest rates of bank loans to businesses and consumers in Australia. BRW Fast 100 member ProjectCentre.net says that the rate will hamper construction and infrastructure development. Contractor company Trades Monitor views that inflation will slow down economic growth which may result to another economic decline. It adds that the rate rise will also result to higher salary demands of employees to cope with the high cost of living.

The article focuses on the business strategy of Australia and New Zealand (ANZ) Banking Group Ltd., chief executive officer (CEO) Mike Smith. It states that Smith has decided to venture in Asia during the global economic recession because of the growing customers in the continent. Smith's venture in Asia has won him admiration for picking up 2.1 million customers, 8.9 million dollars worth of deposits, and 54 branches.

The article focuses on the suggestion of economic analysts regarding the significance of recession as the best time to buy stocks in the market. British economist John Maynard Keynes, reckons the uncertainty of investing in the market, however, he points out the need for investors to rebuild their portfolios and to take the chances offered by the recession. It cites the vitality of openness among investors to learn the lessons and accept errors in the complex global financial system.

The article discusses the initiatives taken by companies in response to the recession in Australia. According to Murray James-Wallace, managing associate of Geraldton Medical Group, the company has provided more modern facilities to staff and patients. Jim McKerlie, group chief executive of Bullseye Group, the company has enacted a revised business plan in order to improve its business.

The article focuses on the reduction in the corporate travel expenses due to the growing uncertainties in the global economy. It states the activities of several corporate travelers which include the utilization of public transportation, cheaper flights and budget hotel rooms. It also notes several statements from hotel industry executives regarding the changes in the preferences of their customers.

The article presents projections on the economy in Australia in 2009. It predicts that the economy would grow by 1.5% and would expand by 2.1 % in 2010. It also believes that the country would experience its first recession. Moreover, eight economic indicators have been identified by USB economists Scott Haslem and George Tharenou that would contribute to recession, including retail sales, the decline in the number of investment projects and falling business confidence.

The article examines the key factors contributing to the creation of a global financial crisis. It discusses how the Chinese save too much money, while the Americans spend most of the resources. It also comments on the responsibility of the Australian government, regulators and banks. The article looks at the global economic crisis in 2008.

The article points out that the economic slowdown is actually good news for the franchising sector in Australia because brands with a track record of success will be popular. Banks will be more willing to provide loans to someone who wants to purchase a franchise instead of any other start-up. This is because a franchise business has a much better chance of succeeding.

The article focuses on the economic outlook of Goldman Sachs JBWere Pty. Ltd. for Australia in 2008. Chief economist Tim Toohey has forecasted that the impact of recession will be harder on the economic growth of the country. On the other hand, the bank is expected to increase its index to 6500 by the end of June and 6800 by year-end.

The article reports on the impact of the economic recession in New Zealand on the economy of Australia. According to the article, the economic problems in New Zealand may affect Australia because New Zealand is one of the largest trading partners and source of tourism of Australia. Among the deeply-rooted problems faced by the New Zealand government that may take years to restore are high household indebtedness, a negative savings ratio, and a current account deficit.

Presents an interview with Ray Dalio, president and chief investment at Bridgewater Associates Inc., in connection to the company's success and Dalio's views on world market in Connecticut. Scenario for U.S. property prices; Expectation on the continues increase of the U.S. interest rates; Anticipation on the economic cyle to end in global recession.

Discusses the collapse of the equity markets in the U.S. Reasons for the collapse; Over-valued share prices in the market; Impact of the fall in the U.S. market on the Australian market; Arguments for and against a U.S. recession.

Examines the possible effects of a global recession in 2002 on Australia's economic growth. Economic stagnation in the United States and Japan; Recession in the Asian tiger economies; Factors that are expected to blunt the effects on Australia of a downturn in the world economy.

Evaluates the conditions of corporate debt in Australia. Threat of an economic recession; Impact of corporate debts on the economy of the country; Concern over the number of ratings downgrades from big ratings agencies; Debts in the banking sectors. INSET: AUSTRALIA HAS LESS TO FEAR, by Lachlan Colquhoun..

Examines how Australian companies are preparing as of February 1999 for Japan to leave its recession. Melbourne, Victoria furniture maker Schiavello Commercial Interior's opening of a showroom in Japan; Melbourne machine-toolmaker ANCA's move into the Japanese market; Adelaide, South Australia-based car-parts maker Britax Rainsford's office in Nagoya, Japan; Elders' move into Japan; Dairy firm Bonlac Food's office in Tokyo.

Presents information on how Australian businesses can prepare themselves for a possible recession in 1998. Comments from accountants Greg Hall of PricewaterhouseCoopers and Bob Black of Pase; Problems with small business' budgets; How mainstream accounting packages can be used and the faults they have; The need for profit and loss budgets to be translated into cashflow budgets.

Presents information on economic forecasts for Australia in August 1998. Consensus Economics poll of Australian economic forecasters; Statistics on Australia's annual output growth; Whether there will be a rapid or lengthy slowdown in output growth; Impact of the Asian financial crisis; Consumer spending; Mineral and rural commodities; Concerns for banks; Chart of household debt. INSET: How banks are managing asset quality this time, by Bob Joss.

The article offers suggestions on how small to medium Australian enterprises should plan their finances in order to survive tough economic periods. It recommends a company to make sure that its finances are sufficient enough to carry them through this period by analyzing worst case scenarios, spending a month early in the year to examine their business as shareholders rather than operators and remembering that lenders generally support businesses with a good plan.

The article reports that now is a great time to buy equities as long as the world does not slip into another recession. Michael O'Sullivan says that even if the market shows that we are going to have a 25 to 30 percent fall in earnings only few big corporations are reflecting that. Efforts of central banks to keep debt cheap have not only allowed global companies to improve their balance sheets, it's also unleashed a new wave of reorganization activity.

The article discusses the advantages of community housing to address economic problems in Australia as of April 2011. It states that due to the recession, many have had to leave their areas, despite a glut in available housing. Rising costs have also forced low income workers to move far away from the areas they serve, while decreased budgets have forced a reduction in community services such as policing and cleaning.

This article focuses on the private healthcare sector in Australia. Dion Hershan of Goldman Sachs Asset Management explains the continued growth mode of the sector in spite of the global economic downturn. He cites long-term growth outperformance and economic sensitivity as some of the broad features of the sector. Particular focus is given to the sub-groups of companies in the sector, along with the appeal of the sector to private equity firms. It notes that the sector is still susceptible to consolidation and fragmentation.

The article presents quotes from Westfield Group chairman and co-founder Frank Lowy citing that it is okay for the Australian economy to take a breather in the midst of a recession and Don Voelte of Woodside commenting on the proposal of the Australian government to reimburse 40% of failed projects.

The article focuses on the business management strategy of chief executive officer (CEO) Mark Johnson of PricewaterhouseCooper (PWC) LLP in the financial crisis. It says that PWC aims for the middle market, wherein they offer services for small businesses. It mentions that the firm has secured inbound investment advisory work from Korea, China, and Japan. Executive chairman George Beaton of Beaton research and consulting group says that PWC has been pushing acquisitions to gain market shares. INSET: Hopes and hurdles.

The article focuses on the resurgence in the junior resources industry due to the return of the global demand for raw materials. It relates the experiences of several mining and energy companies such as Sandfire Resources and Karoon Gas Australia. It says that the decrease in the value of stocks has encouraged investors to invest in the industry in the wake of the economic downturn. The views of executive chairman Michael O'Keeffe of Riversdale Mining on the issue are presented.

Information on the roundtable discussion of various business leaders regarding the impact of recession, the lessons gained from it and how to survive from it is presented. It states that the panel includes Naomi Simson of Red Balloon, Alf Taylor of TNA Solutions and Derek Corcoran of Avoka Technologies. Taylor says that because of recession, business in North America broke down about 50%. Simson says that the downturn gave them chance to make them feel not in a hurry and think in longer time.

The article focuses on potential investment areas in the Australian stock market in 2010. Westfarmers operator Richard Goyder states that earnings have fallen and he fears that people may stop spending. It also says that some professional share market watchers are waiting for the economic outlook to clear before investing in shares. It mentions that investors cannot rely on the strategy of buying a stock which benefits from a stock market rise and can now return to a stock picking environment.

The article reports on the success of a franchise system providing a stronger, more protected and supported environment than lone ventures. It is reported that though 67 percent of franchises have prepared for the economic downturn, only 18 percent consider the recession a concern and 94 percent of Australian franchises plan to increase their sales in 2010. Franchising opportunities are said to be given in the form of increasing interest rates, new franchise rules and lower unemployment rates.

The article discusses the position of Australia in the global economy in the face of what is considered the Asia-Pacific century where export markets play greater roles. It explores the country's trade in goods and services in Asia, which is viewed to have endured the recession compared to the U.S. and Europe, such as Japan, China, South Korea and India. Moreover, it mentions the benefits of the emerging and developing markets to the country and the challenge of accepting stronger currencies.

The article features Aussie Farmers Direct, which tops the 2009 BRW Fast 100 list of companies in Australia. It mentions that Aussie Farmers, which delivers vegetables and dairy products, has accounted for an average annual revenue growth of around 330% for the past three financial years. According to Aussie's chief executive Braeden Lord, the economic downturn benefited the company. Moreover, Aussie has 55,000 customers throughout Australia with about 100 franchisees for product deliveries.

The article focuses on the reliance of small businesses to credit offered by banks. It says that in time of economic downturn, small businesses rely less on credit. According to Gavan Ord of CPA Australia, businesses should approach debt financing carefully and should not be seen as negative. Meanwhile, a survey show that small businesses rely to bank credits involuntarily due to various reasons such as business survival. Other issues on credit financing in small businesses are also presented.

The article presents the condition of golf tourism in Australia in the light of the arrival of Tiger Woods in the country for the Australian Masters in November 2009. It mentions that the number of tourists that play golf in Australia has been dropping since June 2007. Simon Cummins of Golf Tourism Australia states that the recession as well as the inadequate federal government efforts have impeded the growth of golf tourism in the country. The marketing strategies of promoters are also cited.

The article focuses on the impact of the end of easy bank lending to franchise operators. The end of easy bank lending pushes franchise operators to have other means of franchising which include joint-venture agreements, licensing deals and reward programs. PricewaterhouseCooper (PwC) partner Greg Hodson says that economic downturn and redundancies of corporation were able to increased franchisee inquiries and the quality of applicants of franchising.