Companies see light ahead

News Story
- 13 Aug 2009 ( #423 ) - Australia
1 min read
Many companies believe an upturn will be well under way by the first quarter of 2010.
Many companies believe an upturn will be well under way by the first quarter of 2010.
Despite tough current business conditions, many companies believe an upturn will be well under way by the first quarter of 2010, with one in six companies already experiencing an improvement.

According to an Australian Industry Group/American Express report released this week, a survey of 500 businesses revealed the full impact of the Global Financial Crisis (GFC), with almost 60% of companies reporting a decline in sales, 56% claiming to have reduced staff numbers and 32% reducing investment over the past six months.

"The survey underlines the resilience of Australian businesses who are trying to look ahead and plan for growth despite the continuing toughness of business conditions which are highlighted in the survey," says Australian Industry Group chief executive Heather Ridout.

Australian businesses are expecting to use the coming upturn to improve sales of current products and services, develop new domestic markets and introduce new products and services.

Eighty percent of businesses stated improved domestic demand will stimulate discretionary spending. This was followed by improved overseas demand, reductions in government regulations and lower finance costs.

Developing new products, skills development and training, capital investment in plant and equipment, and research and development were all named as priorities for discretionary spend as the economy recovers.
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PREMIUM business

F. Uchiyama
Global exporter of used forklift and construction machinery, servicing over 80 countries.

It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.

Words of support …

After advertising with Forkliftaction.com, we got many enquiries regarding interest to be our distributor. Mostly from Europe and USA but including a few in ASEAN. We feel that the advertisement was useful and good for market expansion.

Lawrence Xu, Assistant Sales Manager

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Forkliftaction's JOB MARKET

It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.

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Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.