May 2011: Small Business News Alert

Bringing you the latest on the economy, business conditions and regulatory changes, all from a small business perspective, our Small Business News Alert is essential reading for every small business owner. Register now and each quarter you will receive unique insights from specialist teams across the Commonwealth Bank, plus tips on everything from cutting financing costs to taking advantage of new government tax concessions.

In this issue, we bring you news of recent Commonwealth Bank research showing a nationwide increase in consumer spending, plus a revealing insight into the differences between men’s and women’s attitudes to the economy and the implications for retailers. We also discover which states are thriving and which are lagging, with results that could surprise you;  with Western Australia losing momentum despite a boom in mining investment.

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In this issue

	The changing of the guard With Liberal governments taking power in New South Wales and Victoria, what's in store for small business? Read article...
	Consumers are spending again, but for how long? In February, the Commonwealth Bank's Business Sales Indicator recorded the strongest sales growth in 18 months, but consumer sentiment remains fragile. Read article...
	Cautious women consumers reign in spending Our latest Viewpoint report provides a revealing insight into the trends behind weak retail spending, with Australian women particularly cautious about the state of our economy and wary of taking on debt. Read article...
	State of the States – Western Australia loses momentum CommSec's State of the States report shows the ACT powering ahead while other states falter. Read article…

• Important information
  We believe that the information in this News Alert is correct and any opinions, conclusions or recommendations are reasonably held or made at the time of its compilation, but no warranty is made as to accuracy, reliability or completeness. To the extent permitted by law, neither Commonwealth Bank of Australia ABN 48 123 123 124 nor any of its subsidiaries accept liability to any person for loss or damage arising from the use of the articles in this News Alert. The articles have been prepared without taking into account the objectives, financial situation or needs of any particular individual. For this reason, any individual should, before acting on the information in this News Alert, consider the appropriateness of the information to your circumstances by considering the terms and conditions of any product or service mentioned, and if necessary, seek appropriate professional advice.