Featured
Writing a business model looks different to each company. It can be a simple plan that evolves over time or even be accidental, becoming clearer after the fact. Regardless of when or how it is created, it is universally understood to be critical to your business’ success. This week we ask: where do you start […]
Global CRM leader Salesforce has acquired Slack Technologies, a workplace messaging platform, for $US27.7 billion. The transaction is anticipated to close in the second quarter of Saleforce’s fiscal year 2022, subject to approval by Slack stockholders. This is Saleforce’s largest acquisition in its 21-year history. Prior to Slack, Saleforce’s largest acquisition was data analytics specialist […]
New research has revealed an opportunity for retailers to grow their business and create long-term relationships with customers over the Christmas season. The national survey conducted by Zendesk of 1,000 respondents found that a positive customer experience with a retailer during the festive season will yield long-term customer loyalty (41 per cent) and impact customers’ […]
The Deloitte Tech Fast 50 list recognises Australia’s fastest growing tech companies. This year, the Fast 50 had an average growth of 435 per cent. The largest category of startups was online/direct to consumer, followed by software, fintech and healthtech. There was also a 15 per cent increase in female representation this year. Four female […]
2020 changed the way Australians live, work, and shop like never before. The COVID-19 restrictions encouraged many people once resistant to buying online to quickly embrace eCommerce. April alone saw over 200,000 first-time customers join the online marketplace, bringing the total number of Australian households buying something online each week to 2.5 million. If you are […]
Consumer data privacy continues to be a hotly debated topic; especially in countries like Australia where we are yet to introduce updated laws to regulate this area. And while stricter data laws have been met with much resistance from businesses in the past, a new pattern is emerging of companies now advocating for greater regulation. […]
As the need for multi-cloud adoption has increased with remote working, businesses have become more vulnerable to ransomware attacks. Ransomware attacks are malicious attacks on vulnerable IT systems that attempt to prevent organisations from accessing their data. Attackers can then ask the organisation for a ransom in order to return access to the data. In […]
“The reality is, if you make it easy for people to buy things, more people will buy things.” Those are the words of Fast CEO and founder Domm Holland, who started his one-stop-shop online checkout business after his wife’s grandmother struggled to purchase her Coles groceries. “When my son was born, my wife’s grandmother was […]
It has become common practice for people to chase the latest technology trends. As tech becomes part of our everyday life, the lifecycle of our devices becomes smaller and smaller. This is posing a huge issue to the sprawl of data. With the lifecycle of tech shortening, many are abandoning old devices at second-hand stores […]
Since COVID-19, companies such as Twitter, Atlassian, Slack and Facebook have made headlines for letting their staff work remotely “forever.” So far, this policy has seemingly been exclusive to large companies with healthy HR budgets and a penchant for disruption. But what if remote-first work was more accessible? What if small business owners were empowered […]
On Wednesday, the world marked the International Day for the Elimination of Violence Against Women. In 2020, one in three women experiences physical or sexual violence and this has only increased as COVID-19 lockdowns have been implemented around the world. We take a look at the ways that businesses can join in the fight against […]
Being able to set tangible goals is key to improving and growing your business. However there are a number of factors that make a goal successful – for instance, your team, the timeline and the scale. Balancing these factors is one of the main challenges when setting goals in a business. This week we ask: […]
Former Prime Minister Malcolm Turnbull says that Australia must set more ambitious climate targets to retain international credibility, trade relations and climate protection. “Australia really has to get on board,” said Mr Turnbull at the AFR energy and climate summit on Tuesday. “If we don’t we will pay a heavy price for this, believe me, […]
More than 50 per cent of Australians intend to travel in the next six months, says Tourism Australia. Australia’s tourism industry, which employs 5 per cent of Australia’s workforce, has experienced a tough year, impacted by bushfires, the pandemic and interstate and national border closures. However, industry experts have observed a growing Australian sentiment towards […]
One of Australia’s largest construction companies, Grocon, has gone into administration, leaving subcontractors at risk of unpaid contracts. Grocon is known for developments such as Melbourne’s casino, Eureka Tower and the Rialto Towers. Grocon’s chief executive, Daniel Grollo, blamed its administration on Infrastructure NSW for its handling of the Central Barangaroo project. “It is unfortunate […]
Australia’s burgeoning space industry has the potential to unlock a raft of economic opportunities. However the industry’s success depends on the Government’s willingness to look beyond university-led research and recognise the crucial role that businesses play in driving innovation. When Adam Gilmour, Co-founder and CEO of Gilmour Space, first set out to grow Australia’s domestic […]
Australia businesses should prepare to take at least two decades to build new opportunities in the Asian market, says RBA governor Dr Philip Lowe. On Wednesday, Dr Lowe addressed the Australian Strategic Forum, noting that Australia is in a fantastic location in the world, closest to some of the fastest-growing regions. “[Australia’s relations with India […]
As the world continues to shift in a “green direction” and Australia heads towards a target of net-zero emissions, it is becoming increasingly important for SMEs to be looking to renewable energy sources to power their businesses. Currently, only 46 per cent of all Australian businesses are using renewable energy, and of those users, two-thirds […]
On Monday, the CSIRO’s Data61 and the Australian Trade and Investment Commission (Austrade) released a report Global trade and investment megatrends detailing the five megatrends that will reshape global trade and investment during and post-COVID-19. A megatrend is “a deep-set trajectory of change occurring at the intersection of multiple trends and drivers.” The five megatrends […]
Thousands of businesses may be entitled to insurance payments after the NSW Court of Appeal held that COVID-19 related losses are not excluded under certain insurance policies’ business interruption clauses. The NSW Court of Appeal’s decision on Wednesday involved insurer HDI and one of its businesses, however the findings have widespread implications for other insurers […]
