With companies increasingly defaulting on payments, going into administration and getting wound up by the ATO, small to medium businesses are more vulnerable than ever to bad debtors. To safeguard their bottom line against slow and non-payers, it is necessary for businesses to perform due diligence on their customers and otherwise maintain an effective credit management system. Our […]
Sydney-based technology company Ansarada has raised $24 million in Series A funding to meet surging demand for its AI-powered ‘business readiness’ platform, accelerate the rollout of new products, and facilitate further global expansion. Founded in 2005, Ansarada harnesses data as well as AI and machine learning tools to assist advisors and investors to identify prospects, […]
A trio of entrepreneurs whose startups are harnessing disruptive technologies to solve big challenges in business, health insurance and other sectors have been selected to represent Australia at EY Global Accelerated Entrepreneurs in Europe. Trumping 68 other program applicants from Australia, Michael Kruger, Trent Clews-de Castella and Justin McArdle will fly to Amsterdam, next month, […]
A Queensland company that secured millions in tax refunds for clients by exploiting the R&D tax incentive program has been ordered by the Federal Court to pay a $4.25 million fine to the Commissioner of Taxation. The Commissioner commenced action last year against Australian R&D Funds and Grants Services Pty Ltd, now known as International […]
Having birthed more than half a dozen startups and steered some of Australia’s biggest corporates, you’d think that Sydney’s Jamie Pride has much to say about success. Instead, the serial entrepreneur, venture capitalist and self-described ‘misfit’ is more interested in discussing the personal toll of failure. Noting the high rate of startup failure in Australia, […]
Unveiled this week, the Global Talent Scheme represents a softening of the Government’s stance on skilled immigration. Dynamic Business spoke with a cohort of business leaders from across the tech, recruitment and startup sectors to gauge whether they believe the 457 Visa replacement scheme will satisfy the needs of SMBs for highly-skilled foreign workers. [Related: Startups […]
Australia’s peak startup body, StartupAUS, has expressed disappointment in a senate committee’s recommendation to exclude technology companies from legislation extending the copyright safe harbour scheme to a broader range of service providers. [Related: Startups to have easier access to global talent under new scheme being piloted by government] The report on the Copyright Amendment (Service Providers) […]
The Victorian Government will invest $2.9 million in educating thousands of Victorian startups though the state’s startup agency, LaunchVic. Sixteen service providers have been selected to run the education programs, with up to 2,000 places available to Victorian startup founders and their staff. The programs will vary in length and format, and include short courses, intensive […]
James Packer, son of media mogul Kerry Packer, has removed himself from the board of Crown Resorts due to ‘personal reasons’, the gaming and entertainment group has announced. Commenting on Packer’s resignation, Crown’s Executive Chairman, John Alexander, said, “We have appreciated James’ contribution to the Board and respect his decision to step down from his […]
Let’s play a game of word association. When I say ‘company culture’… what do you think of? Happy, entrepreneurial employees with meaningful work? Shared values and beliefs? A competitive advantage in terms of recruitment and retention? Table tennis or foosball? Transparent leadership? Perhaps the saying “all talk, no walk” comes to mind… [Related: Why business […]
