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A world wide problem.
Everyone is affected but…
It is impossible to avoid news of the unprecedented global credit crisis. In this issue we focus exclusively on the impact that it is having on business owners, investors and of course on employees. Yes, there is a lot of negative sentiment around but in  each article we outline positive actions that can be taken to put you and your business in the best possible shape once more positive times return.
Christmas wishes
It seems even more appropriate this year to encourage everyone to find some time over the Christmas break to reflect, dream and plan and consider what are the most important things in life. We wish all our clients and friends a wonderful Christmas and 2009.
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Client Infocus
3MBS – Presenting fine music
Melbourne is justly regarded as Australia’s Cultural Capital. Community radio broadcaster 3MBS 103.5FM provides, free to air, the voice of the fine arts in Melbourne. However, 3MBS has had a greater impact on Australian radio and music than just presenting Melbourne’s finest music.. Read more
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Achieving recognition
We always like to celebrate the success stories of our clients. We would like to congratulate Photo Direct on winning the consumer electronics Supplier of the Year at the recent BIG W 2008 Supplier Awards Night.
Other finalists included Apple and Sony, highlighting Photo Direct’s achievement and recognising their great marketing and product range. To learn more about them visit www.photodirect.com.au.
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Market turmoil - For the investor
These are very stressful times in the local and international markets where growth asset classes have produced negative returns and uncertainty in world markets has increased. We look briefly at what went wrong. Of course there is a temptation to act quickly, so we present the basic rules for investors. Read more
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So what does the global economic crisis
mean for my business?
The observations of massive change are not particularly helpful in themselves. The question is, what does this change mean for you. The fall in consumer confidence is likely to impact every business. It is crucial that every business takes stock of their position and plan for the impact of tough times. Read more
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Opportunities for experienced leaders
Clearly, immediate problems must be addressed, but prioritising crisis management at the expense of people management can be extremely counterproductive. Communication breakdowns between management and staff at any time can have long term, negative consequences. Challenging times create a unique opportunity for management to build employee loyalty. Read more
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Count newsletter
Read the latest Count Report with articles including:
 The road ahead after the downturn
Up to 75% of small or family businesses do not have a plan in place
Insurance myths exposed. How are you protecting your quality of life?
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Around the firm
We welcomed quite a few new starters in the last few weeks. Rosie Tam and Gail Bhatt have joined us as graduates having completed their degrees. Amy Brown is still completing her studies and joins us part-time. Daniel Turcato will be with us for the next year having completed 3 out of 4 years of his double degree.
Office closure
Our office will close on Tuesday 23 December and reopen on Monday 5 January.
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Liability limited by a scheme approved under Professional Standards Legislation
Disclaimer: This publication has been prepared on the basis of information available at the date of preparation. The information is general in nature and is not to be taken as substitute for specific professional advice. We recommend that our advice be sought on specific issues prior to acting on transactions affected.
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