• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Business Report
    • 20 Top Research Organisations
    • Tobacco Laws
  • Takeovers & Mergers
  • Doing Business
    • Start-up
    • Tax Review
  • Video
  • Biz Directory
    • Free Directory Listing
    • Links
  • Guest Post
  • Contact
    • About

Australian Business News and Times

Business News ,Reports and Times of Australia

  • 2011
    • 2010
  • Business
    • Small Business
  • Mining
  • Real Estate
  • Australia
    • Australian
    • ASX
  • Finance
    • Report
  • Offers
  • Times

Foreign Exchange

How to Get the Most Out Your Business Trip to Australia

June 26, 2019 by Reporter Leave a Comment

trip to australia business

When making a business trip to Australia, you may wonder how you can make the best out of your journey. If you take care of the following concerns, it may be easier for you to make your business trip to Australia a thrilling event.

Organise Your Schedule

While travelling to Australia, there is a need to have an order to prevent unnecessary anxiety. Have a clear hierarchy of events so that nothing may overwhelm you as you take part in the trip. This will ensure that you get the best out of your business trip to Australia.

Consider Renting a Car

While on your trip you will need to have transport facilities. It is necessary that you get the most convenient means while remaining within the scope of your mission. Hiring a car will be an excellent way to solve your transport of issues. Remember that people in Australia drive on the left side of the road. Also, in Australia, there are many private car transport companies. Don’t forget to have a plan for any accidents on the road as well!

Online Services

Business trips, in most cases, do not give you too much time at your disposal. Instead of taking everything personal, try making an online booking to save on time and costs. Doing this will ensure you do things quickly and avoid moving around. You may get lost and end up in the headlines. Take advantage of technology.

Use Corporate Apartments

Hotel rooms have been used for many years to solve accommodation issues. Though while in your business trip to Australia, you may consider a better provider of this service. The corporate residence will give an assurance of personalised services which can suit your business trip. It will also be quite adventures having an out of hotel experience.

Money

Monetary issues are quite fundamental in most aspects of human life. In your trip, you must also be in a position to understand this vital determinant. What is the worth of your currency compared to that of Australia? You may need to have your cash exchanged to the local currency to make your work easier and trip enjoyable. It is also wise to have enough money for your trip.

Kill Two Birds with One Stone

You can try solving most of your problems using one service provider. Most companies nowadays have linked services. The corporate apartments may also have car rental services etc. Try answering all your questions using one service provider to help boost your bargaining power and ensure quick and timely transactions.

Seek Necessary Information

While on your trip to Australia, try knowing more about the country, its culture, the dos, the don’ts, and the untouchables. It will help you understand how to behave and respond to specific issues. It will also prepare you to know what to expect outside the scope of your trip.

Have Plans to Explore the Locality

Australia, like many other countries, have a lot of things peculiar about them. The cultural practices, the animals, and the natural aesthetics will be of great benefit to your adventurous impel. Get out of the tight and official schedule and have some fun. It is necessary to give yourself a little holiday on the trip to relax and create some memories.

The above golden tips will add more fun to your trip to Australia, and you will have a memory preserved. You can mean business and not spoil anything with some fun. Enjoy Your Trip.

Filed Under: Business, Finance, Rates, Stock Market, World Tagged With: Foreign Exchange, Forex, Forex trading

Possible bearish reversal in silver as resistance cluster ahead

June 19, 2017 by Reporter Leave a Comment

After the long bearish ride in the silver, the initial bottom is formed near the critical support level at 16.09.The professional silver trader made a decent profit by riding the long bearish rally in the market. The global market has been facing an extreme level of uncertainty in the recent days and trading CFD has become extremely difficult as the investors don’t have any clear clue regarding the next movement of the mighty U.S dollar. The U.S dollar index has fallen sharply in the ground after Mr. Trump failed to keep his promise regarding fiscal spending and tax cut policy.

Technical analysis of silver in the 4 hour time frame

image

Figure: Silver heading towards the 17.35 level in the 4 hour time frame

From the above figure you can clearly see that the price has bottomed near 16.09 mark and after that, it has started its correction. The price has nicely retraced back above the 38.2 percent Fibonacci retracement level and now currently heading towards the 50 percent retracement level. The professional traders have been trading CFD with an extreme level of caution nowadays since the price of a commodity is now showing wild momentum in the market very often. However, the investors are not staying on the sideline rather they are making the best possible trade in the volatile market.

U.S economic conditions: The performance of the U.S economy is not that great in recent days as most of the leading investors are in doubt regarding the next movement of the green bucks. The green bucks have lost most of its bullish strength in the global market after Mr. Trump failed to keep his promise regarding the increase of fiscal spending and tax cut policy. According to the leading economist, the green bucks might face an extreme level of bearish pressure in the upcoming days as Mr. Trump administration has done very little for the welfare of the U.S economy and made trading CFD extremely difficult. The U.S dollar index which is the overall value of the green buck’s strength in the global market has dropped from its 14 years high in the global market and allowed the price of silver to rally higher. Despite such weak performance from the U.S economy, the optimistic dollar bulls are still in hope that the green bucks will be back again to its former glory upon the interest rate hike decision made by FED chairperson Janet Yellen.

Expectations in market movements: Though the price of silver is rallying higher with a strong bullish momentum in the global market most of the leading investors are thinking that the price will ultimately cap down by the 50 percent Fibonacci retracement level drawn on the daily chart. Moreover, the price has started showing exhaustion candle in the daily time frame which is a very clear indication that the bulls are running out of steam in the global market. Though the overall sentiment for the price of silver remains extremely bearish at the current moment a clear break of the 61.8 percent Fibonacci retracement level will confirm the initial bottom formation in the long term bearish trend in the market. To be precise this will inaugurate the fresh bullish trend in the price of silver which will ultimately dominate the market for at least couple of weeks.

Summary: The price of silver is now trading near a critical zone and the professional traders are cautiously waiting to short the silver to trade in favor of the long-term trend in the market. Though the market is exhibiting a tempting short opportunity the traders should be extremely careful since it might even start a fresh bullish trend in the upcoming weeks. So make sure when you execute the trades in the market you follow proper risk management factors to save your trading capital.

Filed Under: Australia, Finance, Rates Tagged With: Foreign Exchange, Forex, Trading

The Resurgence Of Gold Price Trends In Australia

February 15, 2017 by Reporter Leave a Comment

the golden  allure from australia

Last year, when Donald Trump was elected president of the United States, the shock waves of this seminal event were felt all the way from the American to the Australian precious metals market.

Initially, the stocks fell steeply all across the board, only to rise up again much higher than before. However, political events notwithstanding, gold price trends in the Australian market are generally expected to remain highly positive in the long term due to many other reasons, such as low global interest rates and stock market fluctuations.

Most market pundits are still optimistic about gold. The funny thing about gold is that it tends to go up in both conditions – whether the markets are shakier, or when they are stable. Since gold is the most valuable thing we have, people like to buy it when they aren’t sure about other investments. The more uncertainty there is in the economic sector as a whole or the political situation in general, the more people would hoard up on gold as the ideal ‘safe bet’ for uncertain times.

On the other hand, brisk economic and industrial growth also portends a rosy outlook for the gold market since a vibrant economy means people would be spending more on gold jewellery as well as investing in the precious metal. This is why double digit gains for this metal are quite possible throughout this year as well as the next one. This is also why gold has almost always been a safe bet – even if the government around you falls and there is no more money, gold will retain its value.

In the light of President Trump’s highly controversial decision regarding immigration from many Muslim countries as well as his threats to pull out from many international economic treaties, there is a certain degree of uncertainty in the global financial environment that makes for a positive gold forecast in Australia.

We have before us the example of the Pound Sterling, when the UK decided to exit the European Union. That monumental decision sent the pound sterling crashing downwards in its worst ever one day loss since it had been floated. And as the British people lost confidence in their currency, they increasingly switched to gold in the UK. This had repercussions all over the world, as it led to a bullish gold market. As a matter of fact, the two momentous political events of 2016, i.e. Donald Trump’s ascension to the US presidency as well as ‘Brexit’ enabled gold prices to touch their highest point in 2016, thanks in large part to the volatility in the stock markets all over the world.

In addition to that, there is a small but steady increase of gold usage in the electronic industry, as it is an excellent conductor of electricity and does the job a whole lot better than most other metals.

In the light of the above we can safely state that gold prices are predicted to rise steadily over the coming few years.

Filed Under: Australia, Finance Tagged With: Foreign Exchange, Gold, Gold Prices, Trading

Three Sources of Extra Income that You Could Be Capitalising On

August 10, 2016 by Reporter Leave a Comment

chart trading

 

It is human nature to want more. Although you may be lucky enough to have a beautiful home, two cars parked on your driveway, and the funds to holiday abroad at least once a year, it’s a given that if someone told you there were ways to increase your income, you would want to hear about them. Well, here we are, and we’re telling you exactly that.

Intrigued? Then here are three ideas to inspire you…

#1: Seek a Pay Rise or Promotion

 

The obvious place to begin if you’re hoping to increase your monthly income is with your employer, and if you’ve been working hard and delivering good results, it may be time to seek a reward. A lot of people lack the confidence to raise such an issue with their manager or boss, but it’s only fair for your efforts to pay off. Women, in particular, have been shown to be too embarrassed to actively try to secure promotion or a wage increase, yet studies indicate that such requests are often successful, and even on the occasions when they’re not, they’ll usually help to put you at the forefront of your employers’ mind when the next opportunity arises.

#2: Freelance

 

If a wage increase or promotion is not on the cards, it’s time to think outside of the box and start looking for opportunities elsewhere. Freelancing can be a great place to start, and whether it’s using your existing skills to earn a little extra money on an evening, or taking advantage of a hobby and offering tuition to others, there are lots of talents that you can capitalise on. Tout for business both online and locally to maximise your chances of attracting interested parties, and then sit back and wait for your future clients to contact you.

#3: Investing

 

If you’d like to try something else entirely, investing is another option for you to consider. There are dozens of different markets and financial instruments to choose from, from stocks to futures to forex. With various levels of risk and reward across different assets, there’s something to suit everyone, and profit-making opportunities abound. Brokers like AxiTrader are usually all too happy to speak to potential traders, and will offer you the chance to demo their platforms so you can decide whether investing is really right for you before you have to commit.

If you’re looking to boost your income, could one of these methods work for you?

Filed Under: China Yuan, Finance, Website Tagged With: Foreign Exchange, Forex, Trader

When money transfer is right !!

June 8, 2014 by Reporter Leave a Comment

money transfer exchange  australia

Foreign exchange and money transfer will always exist because they will always be migrants in all countries and there will always be people who will send money home.

Currency fluctuation means there will always be room for people to either make more money or lose money either by trading or then just sending money home to your loved ones or family. Choosing the correct moment when it’s favourable to send money can benefit you and actually increase the money that you are sending to the other person.

The FX trading industry related to foreign exchange industry is actually bigger than the stock markets due to trading being available in these markets 24/7.

How to send money overseas or do foreign exchange transfer

1. Transfer money through bank – Now days most bank’s allow you to transfer money either to their overseas branch and also to other branches overseas. The banks usually charge a fee for doing this foreign exchange transaction, which could either be a percentage or a transfer fee. This process involves having to get special codes or transfer codes ( IBAN, NCC, sort code or BSB number) from the receiving country bank account and it can take a couple of days to process.

2. Transfer money through a private foreign exchange agency – They are many foreign exchange agencies ( Western union , Travelex, Local Exchange agencies ) that allow you to transfer money almost instantly nowadays to a person in another country. Transferring of money via a money transfer agency nowadays can be done instantly with the person on the other end receiving the money almost instantly if they possess the predetermined code the payer will give them to receive the money.

3. Telegraph Transfer – A Telegraphic Transfer is another method of transferring money overseas. This method is now fast becoming out-dated with newer and quicker methods becoming available.

Travellers cheques is another safe way of carrying money overseas or transferring money overseas and is often used by tourists when travelling. Transferring money via mobile and PayPal is another modern money phenomenon that’s taking over money exchange industry.

Many money transfer agencies have now started offering to transfer money online without your having to actually go to a foreign exchange or money transfer agency. The actual process of doing money exchange online can be quite simple, often just including a quick 3 step process

1. Select currency & amount
Confirm rate & add recipient

2. Pay money online
BPAY or electronic bank transfer

3. Track progress online, email / SMS
Money received

People transferring money overseas should always check the veracity of the transferring agency and if they meet the local registration and licensing requirement of the country from where you are sending the money.

It is also wise to check the exchange rates that your get for the currency you are exchanging to and transferring to, as sometimes different agencies offer different exchange rates and often you can get short-changed if the rate is not in your favour.

Foreignexchangedandenong is a foreign exchange and money exchange and transfer agency in Dandenong that provide you with these services.

Filed Under: Banks, Finance, Rates Tagged With: Foreign Exchange, Forex trading

Primary Sidebar

Search

Like us on Facebook

Our Twitter Feed

Tweets by @AusBizChannel
Protected by Copyscape Website Copyright Protection

Counter

Footer

Featured Page

research in australia

20 Top Research Organisations

We are compiling a list of top 20 and more research organisations  which are in the government as … Read more about 20 Top Research Organisations

acquistion

Takeovers & Mergers

List and updates Of the latest  Company Takeovers … Read More about Takeovers & Mergers

funding from govt 2017

Australian Business Grants

Establishing a business anywhere in Australia … Read More about Australian Business Grants

listing directory australia

Australian Business Directory

If you are looking for a Free or paid listing on a … Read More about Australian Business Directory

About

About - Australian Business Report and … Read More about About

Guest Post for us

Join Australian Business … Read More about Guest Post for us

Copyright © 2023 · News Pro on Genesis Framework · WordPress · Log in