Our mining boom is over, and we spent much of that money earned on our ongoing housing boom. Effectively, we borrowed what we earned. On the back of that, our dollar held firm and rose, whilst our Superannuation policies meant that we were largely protected from the GFC.

Websites and your online identity: before you establish a business, build a great website. If you have an existing business, make sure you spend some time on maintaining a virtual identity – it’s your online profile – project your business culture, service quality, people and products well. Properly thought through and maintained, it can be the most inexpensive and valuable form of marketing and advertising, with almost limitless potential.