Remember how the Global Financial Crisis (GFC) wreaked havoc on stock markets, financial institutions and businesses whose profitability and growth forecasts were bedevilled by unanticipated, rapidly unfolding events? While Australian businesses and workers got off lightly, compared with their counterparts in other developed nations and economies, the downturn nevertheless generated a wave of lay-offs, as […]
Rapidly evolving market conditions and economic challenges are forcing businesses to adapt more quickly, and automation may be key in achieving that. With Australian consumer spend down 20% per person, many businesses have had to quickly find ways to engage their customers while managing physical limitations. To maximise existing resources, business leaders need to channel […]
COVID-19 and the new financial year provide an opportunity to reassess and make changes to your business’ strategies and plans to make sure you are offering a sustainable value proposition that is relevant for customers, staff and the community. With COVID-19 negatively impacting two-thirds of businesses across all sectors, 2020 has been one of the […]
Founder of Play Travel Andrew Paykel talks about his startup journey, the new partnership with Afterpay Ventures and working alongside payments giant Afterpay. It’s been a fantastic journey for Play Travel, in the 5 years since it first launched in Australia, as LayAway Travel, its attracted some major players in the industry and opened the […]
New research from Pegasystems Inc., the software company empowering digital transformation (DX), reveals half (50%) of Australian organisations surveyed lost customers during the COVID-19 pandemic due to failings in their communications. This is way above the global average of 36 per cent. The global study, conducted by research firm Savanta, explored the effect the global pandemic has […]
Dennis Tomaras, a partner in law firm Cornwalls, believes that Covid-19 is inspiring a wave of merger and acquisition (M&A) activity in Australia. He believes that current M&A activity is most common with privately owned SME’s – across all sectors – and especially in technology, agricultural, services and manufacturing. “It’s probably 50 / 50 between […]
Smarter funding alternatives could save many Australian universities’ vital health and science research projects from collapse, leading wealth manager Atlas Advisors Australia says. Executive Chairman Atlas Advisors Australia, Guy Hedley said the survival of university spinoff companies, thousands of jobs and critical research projects has been needlessly put at peril while millions of dollars in […]
I’m a solo entrepreneur and I’ve been a WeWork member since September 2019. It’s been the best decision both professionally and personally. Everyone likes the idea of working for yourself, but few people talk about how isolating and lonely the work journey can be. This was the driver behind my decision to join a co-working […]
The end of financial year (EOFY) is a time that many small and medium businesses (SMBs) dread. In addition to the complexities of JobKeeper, knowing every financial obligation and entitlement can become overwhelming, particularly if businesses are not overly confident in their books. Lost receipts, expense mistakes and inadequate record-keeping result in a stressful, potentially […]
The Aussie workplace might change permanently, new research suggests. A survey of people who have been working from home during the pandemic has found that 86 per cent want to continue doing so, at least part-time – even once their workplaces resume ‘normal’ operations. What’s more, 73 per cent believe their employers would be open […]
