Nearly 300,000 small businesses have taken advantage of the Federal Government’s $20,000 instant asset tax write-off scheme, according to 2015-16 tax office data. The data was revealed by Minister for Small Business Michael McCormack, who described the instant asset write-off program as a “shot in the arm” for small businesses. “The instant asset write-off is […]
Stating that small business subcontractors are vulnerable to delayed payments, the Australian Small Business and Family Enterprise Ombudsman, Kate Carnell has announced she is examining payment terms and conditions for “subbies” working on government projects. “Most government departments pay their invoices within 30 days, but when a prime contractor is appointed to manage a project […]
Rapid-growth SME credit bureau CreditorWatch has been acquired by InfoTrack, a leading provider of intelligent search and automated workflow solutions for business professionals. Founded by managing director Colin Porter in 2011, CreditorWatch has, in the ensuing six years, been able to challenge the duopoly held by incumbent credit bureaus Veda (now Equifax) and Dun & […]
Solar tech startup Redback Technologies has raised US$7 million in capital from the Clean Energy Innovation Fund and Right Click Capital as part of its Series A-2 funding round. Based in Brisbane, Redback offers an energy management system that uses machine learning to optimise the generation, storage and management of solar energy for households and […]
When Carl Krumins was fired from a job cleaning floors, twenty years ago, the aspiring tech entrepreneur realised he would never achieve success unless he pursued his passion. Today, his brainchild – mobile messaging tech provider SMSGlobal – is an international success story. With 70 staff across five offices (New York, Dubai, Croatia, Melbourne and […]
Research showing that SMEs are reducing capital expenditure due to rising energy prices has prompted criticism of the state governments by the Australian Small Business and Family Enterprise Ombudsman. The Ombudsman, Kate Carnell, pointed to the latest East & Partners SME survey* of 1280 businesses, which showed that 39.5% of SMES plan to scale back […]
With more than 330 active franchisees nationally, Hire A Hubby (HAH) is today the third largest player in Australia’s tradesman and handyman industry, claiming a market share of 5% – and of the big three, it’s reportedly the only one to have gained market share since 2011*. Under the leadership of CEO and owner Brendan […]
GAVL, the real estate tech startup led by Ex-AFL player Joel Smith, has kicked off a planned $6m Series A round with an initial $1.8m in funding from existing investor Harris Capital, the investment office of Flight Centre co-founder Geoff Harris. Launched in December 2016, GAVL is an auction livestreaming and analytics platform that enables […]
On-demand dry cleaning pick-up and delivery service Laundromap has now launched in Perth and Sydney, with the founders of the New Zealand tech startup in the midst of planned $3-4 million capital raise to service further capitals across Australia. Since launching in New Zealand last year, Laundromap has grown at a rate of 30% month-on-month. […]
The second round of the Federal Government’s $8 million Women in STEM and Entrepreneurship (WISE) grants program is now underway, with organisations encouraged to apply for funding to support activities that eliminate barriers to girls and women pursuing STEM education, careers and businesses. Funding between $5000 and $250,000 is available to businesses, not-for-profits, education provider […]
