Small Business
Government seeks consultation to support the adoption of e-invoicing for SMEs
The government initiated a consultation on creating a BER that would make it legal for a company to use e-invoices if a client requests it.
Yajush Gupta
3209 PostsYajush writes for Dynamic Business and previously covered business news at Reuters.
Weekly Funding Roundup
Funding roundup December 13 – December 17: Rokt sets record with $458m raise, Skalata Ventures welcomes 13 startups to its early-stage portfolio and VOLY raises $18m in seed round
Dynamic Business brings you the key startup fundraising rounds from this week:
Agri-Business
Australia inks final free trade agreement with the U.K.
The agreement, which was reached in principle in June, is expected to increase trade by more than $10 billion per year.
Australian Budget 2021
Australia’s mid-year budget update notes strong economic recovery and a smaller budget deficit
The mid-year budget update for Australia indicated a stronger economic recovery and lower unemployment rate.
News
UTS launches Startups Central to nurture Sydney’s budding tech entrepreneurs
The University of Technology Sydney has announced the launch of UTS Startups Central to encourage tech-enabled entrepreneurss.
Retail
Consumer cash splash worth over $20 billion expected in the final days before Christmas: NRA
The NRA is expecting the shopping frenzy to really ramp up as the kick off to the 10-day Christmas countdown begins.
Agri-Business
Australian agribusinesses remain resilient backed by strong farmer sentiment, survey finds
Farmers are looking forward to the end of the year, despite the fact that the effects of the rain-affected harvest are still being felt.
Small Business
Treasurer extends Loan Scheme for SMEs until June 2022
On December 13, the government announced a proposal to change the Scheme Rules to expand the SME Recovery Loan Scheme (under different terms).
Weekly Funding Roundup
Funding roundup December 6 – December 10: $30m for fintech startup Finder, Afterpay-backed Touch Ventures invests in Skalata Ventures and Ofload raises $20m in Series A round
Here are the key funding announcements from December 6 – December 10:
Agri-Business
This Queensland-based AgTech and Logistics Hub is solving some of the key issues facing Australian agriculture
A new Agtech and Logistics Hub based in Toowoomba is preparing to tackle Australia’s real-world agricultural challenges.