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The Biggest Infrastructure Spend in History

Catherine Cashmore

The virus may have triggered this downturn. But it’s the fragility of Australia’s economic makeup that has our governments panicking. We have a houses and holes economy. 
Australia’s economic complexity is dismal. We’re down at number 93 on the list — just above Pakistan. About 70% of the products we sell to foreign buyers, on a net basis, are minerals and energy. The rest of our wealth is mostly tied up in a $6.9 trillion housing market. One that breathes by way of population growth (mainly from immigration) and high levels of private debt.  



Catherine Cashmore, Cashmore & Co Real Estate
BiziNet Magazine #102 - June/July 2020

Beware of Zombie Companies Post Covid-19

Bruce Gleeson

The proliferation of zombie companies pre Covid-19 has largely been fuelled by reduced financial pressure. Examples being financial institutions continuing to offer (or not otherwise call in) finance to non-viable companies and also the impact of lower interest rates particularly post the global financial crisis (“GFC”). During the Covid-19 pandemic these zombie companies have been allowed to gather further momentum and the damage that this is likely to cause post Covid-19 presents a real and present danger for those that are transacting with them.



Bruce Gleeson, Jones Partners Insolvency And Business Recovery
BiziNet Magazine #102 - June/July 2020

Why Government Assistance and Stimulus Packages are Not the Answer for Your Business!

Paul Sweeney

Why do we say that Government assistance and stimulus packages are not the answer for your business? The reason is simple. They do not fix the underlying business issues that are threatening to derail your business.

While they are a welcome relief in a time of crisis, they are a form of pain relief. They ease the pain but do little to fix the real problems with your business.



Paul Sweeney, Pretium Solutions Pty Ltd
BiziNet Magazine #102 - June/July 2020


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