At Tesla’s “Battery Day” event on Tuesday, CEO Elon Musk announced the production of a US$25,000 electric vehicle (EV) “about three years from now”. Importantly these EVs will be powered by “tabless” batteries that Musk promises will be cheaper and more powerful. The new “tabless” batteries, called 4860 cells, will provide five times more energy, […]
NSW businesses can continue to trade and receive deliveries for 24 hours a day. Until 25 March 2021, businesses can adjust their hours of operation to continue providing food, medical supplies and household goods to the community. In March 2020, the NSW government amended the Environmental Planning and Assessment Act 1979 and the State Environmental […]
Enterprise resource planning (ERP) is a form of software that can help businesses keep on top of their myriad management responsibilities. ERP focuses on a central database that can help manage business operations, from supply chains to accounting. This can help streamline operations across multiple departments, reducing miscommunication or data duplication. This week, we discuss […]
With both government and companies eagerly adopting artificial intelligence (AI) strategies, we explore how AI could also streamline and scale your business. We examine the potential opportunities and risks that come with using AI, and what the future of AI and business looks like. What is artificial intelligence? The CSIRO defines AI as “a collection […]
As a telehealth provider, Coviu experienced a sudden surge in customer demand during the pandemic. Their website saw a 10,000 per cent increase in views in two weeks and their 7 initial staff were answering up to 1000 support requests a day. Despite these challenges, Coviu managed to successfully scale up whilst meeting unprecedented customer […]
Official ABS figures released today show that the unemployment rate has fallen to 6.8 per cent in August, down from 7.5 per cent in July. This drop contrasts widespread predictions of rising unemployment. Despite stage 4 lockdowns in Melbourne and stage 3 lockdowns across regional Victoria, national employment increased by 111,000 people between July and […]
Qantas will start referring business frequent flyers to lending platform Valiant Finance. This partnership helps Qantas members access working capital, asset finance and commercial loans. It will be enabled by Qantas Business Rewards, the airline’s frequent flyer program for SMEs. Olivia Wirth, Qantas Loyalty CEO, hopes that this move will help support businesses throughout the […]
Research from payroll and HR software solutions provider, Ascender, shows that more than one in three (37 per cent) of Australians are willing to take a pay cut in order to work from home for the rest of 2020. What does the research say? The research involved 1000 Australians from all states in late June. […]
A strong story behind a business’s inception can have a powerful effect on customers. Customers may identify with a founder’s back story or values, which can help grow the customer base. A compelling story can also help create a cohesive workplace culture, binding employees together with a shared vision. However when customers purchase a product, […]
Facebook’s Small Business Grants Programme is offering USD $100 million in cash grants and ad credits to small businesses. Up to 30,000 eligible small businesses in over 30 countries may receive a grant. Eligible businesses must: Be a for-profit company Have between 2 and 50 employees as of 1 January 2020 Have been in business […]
