The use of digital currency for payments “remains relatively limited” while cash will continue to play an important role in society despite it’s declining use, the Reserve Bank of Australia told the House of Representatives Standing Committee on Tax and Revenue. In a statement delivered to the Committee, in relations to its inquiry into Taxpayer Engagement […]
Two Aussie startups have joined forces to satisfy growing demand within the increasingly lucrative competitive video gaming industry for a daily fantasy esports offering. As part of this undertaking, they are rolling out what they hope will become the universal cryptocurrency for esports enthusiasts. Launched across Australia in late August, Skrilla is a wagering platform that […]
The Australian Taxation Office (ATO) has reminded 120,000 ride sharing drivers of their tax obligations over the past 18 months. Assistant Commissioner Tom Wheeler said the ATO is still working to educate ride sharing drivers, but now focus is shifting to drivers who are ignoring their obligations. “We know that most drivers do the right […]
An analysis of the Fair Work Commission 2016-17* report reveals an employer was hit with an unfair dismissal claim every three and a half minutes last financial year, according to Employsure. The workplace relations specialist also found that employers lost 60% of the 14,135 unfair dismissal applications brought against them in 2016-17. Commenting on the finding, Ed […]
Today marks the official opening of an employment hub created by the NSW and Federal Governments to place Western Sydney jobseekers in apprenticeships, traineeships and other construction-related careers. The Northern Road Employment and Training Hub at Penrith will train up local jobseekers to work on infrastructure projects as part of the NSW and Federal Governments’ […]
The price of electricity increased 8.9% last quarter, according to the latest ABS Consumer Price Index (CPI), prompting the nation’s peak employer body to warn that businesses are at ‘breaking point’. The Consumer Price Index (CPI) rose 0.6 per cent in the September quarter 2017, with the most significant price rises that quarter being electricity (+8.9%), […]
Employers who resist the tide of change – i.e. refuse to embrace flexible working – not only miss out on the advantages of greater gender diversity, they limit the size of their talent pool, according to Natalie Goldman, the CEO of Sydney-based tech startup FlexCareers. Boasting a community of 75,000 job candidates, FlexCareers – […]
Having raised $5 million in Series B funding, this week, digital-native retailer Brosa is setting its sights on becoming a dominant omnichannel furniture brand. In addition to securing additional capital from Series A investor AirTree Ventures, Brosa welcomed Bailador Technology and BMY Group as new investors. Since its$2 million Series A funding round in 2015, […]
Fresh from entering the fintech game, with the launch of SME e-tailer loans in partnership with Prospa, ecommerce company MyDeal has continued to diversify its offering, with the soft launch of an online fashion marketplace. Built with the technology underpinning MyDeal Marketplace, MyWardrobe went live this week with over 5000 men and women’s products, including […]
Half of Australia’s small businesses not only lack an action plan to address workplace bullying, they don’t understand the legal requirements, according research undertaken by workplace relations specialist Employsure. Conducted by Galaxy Research on behalf of Employsure, the Workplace Safety Index also found that amongst businesses with between two and four employees, only 40% know […]
