It’s the race that stops the nation but Melbourne Cup is also the race the halts workplaces – and not just in Victoria where the event is marked with a public holiday. While Melbourne Cup festivities are a great way to generate goodwill amongst employees, SMEs must take steps to discharge their duty of care […]
Median revenue in Australia’s fintech sector has jumped by 208% over the 12 months to June 2017, with one in four companies (24%) enjoying a revenue boost of at least 700%, the 2017 EY FinTech Australia Census reveals. According to EY, the Census, which is based on survey results from 166 fintech companies, is “the […]
Australia’s peak advocacy group for startups, StartupAUS, has welcomed four new board members: Elaine Stead (MD, Blue Sky Venture Capital), Rachael Neumann (investment advisor and strategist), Attila Brungs (Vice Chancellor and President, UTS) and Aaron Birkby (CEO, Startup Catalyst). The newcomers join current board members Alex McCauley (CEO, StartupAUS), Teresa Engelhard (company director and investor), […]
Uber and Qantas have partnered to enable the airline’s customer to earn Frequent Flyer points when they travel to and from eligible Australian airports using the ride sharing service. From today, an Uber icon will appear in the booking section of the Qantas app for customers to request their airport ride. When taking an […]
The Small Business and Family Enterprise Ombudsman, Kate Carnell, has floated the idea of a Government-backed approach to small business lending, modelled on the British Business Bank, to improve access to finance for SMEs. Kate Carnell told Dynamic Business that the tightening of prudential requirements by APRA and other regulators globally, following the Global Financial […]
New Zealand native David Kirk has worn a variety of different hats throughout his career. At one time, during the 80s, he captained the All Blacks, leading the team to World Cup victory. Later, in the noughties, he served as the CEO of Fairfax Media. Today, he is a seasoned company chairman as well as […]
For every dollar spent at a small business in Australia, 42 cents, on average, is reinvested back into their local community, according to a research report released by American Express to kick-start its month-long Shop Small campaign. Running throughout November, the national campaign encourages the business community as well as governments and consumers to support […]
The Turnbull Government has drafted legislative reforms to support investment in innovative fintech companies by venture capital and angel investors, Treasurer Scott Morrison has announced. Released yesterday for a public consultation period ending Friday, 10 November, the exposure draft of the Treasury Laws Amendment (2017 Measures No. #) Bill 2017 proposes amendments to the Tax […]
Due to Australia’s relatively small population and the country’s remoteness from global markets, some businesses will need to expand overseas in order to reach their growth potential. Of course, there are numerous factors businesses must consider before venturing abroad, not least of all laws governing intellectual property (IP) including patents. Indeed, overseas expansion plans can […]
Melbourne-based fintech startup Finch has closed an oversubscribed seed round, raising $2.25m in funding for its social payments app for millennials. Launched in July, the Finch app allows users to pay and request money instantly (without a BSB), split bills, run tabs in groups to track shared expenses. According to Shahirah Gardner, who co-founded the […]
