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Christmas is just around the corner, which means that businesses are preparing for the busiest time of year. Knowing how to position your business to take advantage of the festive season is more essential than ever as ecommerce and supply chain disruptions change consumer behaviour. This week we ask: how can you make the most […]
Despite hard hits to Australia’s wine, beef and barley industries, soaring iron ore spot prices have “more than made … up” the losses in lobsters and wine, says Deloitte. “To be clear, we’ve lost money on everything from lobsters to wine. But we’ve more than made that up in overall terms thanks to iron ore […]
COVID-19 has exposed the world to uncertainties that have not been experienced before. Almost everywhere, governments halted international travel and advised people to remain socially distanced. With ongoing uncertainty, forecasting the full economic impact on businesses is challenging. Small businesses, the lifeblood of our economy, have been hard hit. When social distancing, our dollars do […]
As a small business owner, it can be tempting to focus all your time and attention on the business, but the most important resource that your business has is actually you. The healthier and more resilient you are, the healthier your business has the chance to be. What is mental health? Mental health, or being […]
More than one in five (22 per cent) of Australians businesses would use their credit card if they needed additional finance. A further 31 per cent would dip into their savings, while 21 per cent would look at a bank loan and 14 per cent access an overdraft. This snapshot into borrowing habits has been […]
It’s always challenging for new employees to hit the ground running, and even harder if they work from home. An office environment subtly reveals much about how a company operates, so managers need to provide additional support to recruits who are working remotely. When staff members retreated to their home office back in March 2020, […]
Amber Electric, simply put, is the new way to buy power. By rejecting the traditional energy wholesale model, founders Chris Thompson and Dan Adams are looking to help customers cut down on cost and carbon emissions, by purchasing energy considerately. “We give customers direct access to the real-time wholesale electricity price as it varies every 30 […]
Successful businesses thrive on data. Whether it’s customer data, machine data, financial data, or metadata, businesses that successfully collect, manage and leverage their data using a CRM system have a huge advantage over their competitors that don’t. The business case for strong data management A recent report by Validity Inc. asked organisations globally how important […]
Australian exporters who adapted to the challenges of 2020 by embracing technology, developing new products and breaking into different markets have been recognised for their achievements in the Remarkable Australian Exporter showcase. The Minister for Trade, Tourism and Investment, Simon Birmingham, has congratulated Aussie exporters who overcame extraordinary challenges this past year. Tim Beresford, acting […]
The rise of COVID-19 around the world has caused businesses to accelerate their digitisation to succeed in the new reality in which they find themselves. Unfortunately, the cyberthreat landscape has adjusted just as quickly, forcing businesses to manage an increased range of potential breach points. The coronavirus lockdown has forced an abrupt transition to a […]
Dr Anastasia Volkova is the CEO and Co-founder of FluroSat, an agtech business that uses drone and satellite data to inform agronomists around the world on how to maximise their crops. She has been recognised as one of the BBC’s Top 100 women globally, is on the MIT 35 under 35 list and has worked […]
A new CSIRO report GenCost 2020-21 has found that solar and wind are the cheapest source of energy in Australia based on integration costs of renewables in electricity generation. “Previous GenCost reports added arbitrary amounts of storage costs, but this year we used a model of the electricity system that optimises the amount of storage […]
It’s been a tough year, and for some, Christmas is the shining light at the end of the 2020 tunnel with family celebrations, social connection and time off work. For others, the holiday period may be a time of stress or isolation, with many unable to travel to be with family or friends this year. […]
As we come to the end of what has been one of the most volatile and disruptive years for small and medium-sized businesses in Australia, now is the time to reflect on what lessons we have learned from 2020 and make plans for the year ahead. Reflection is an extremely valuable tool for businesses. Before […]
The final version of Australia’s “world first” news media bargaining code, which requires Google and Facebook to pay for news content, was introduced into Parliament on Wednesday. “This is a huge reform. This is a world first, and the world is watching what happens here in Australia. But our legislation will help ensure that the […]
Research from national workplace mental health organisation, SuperFriend, reveals a mental health crisis is unfolding amongst retail workers in Australia. The study, Spotlight on the Retail Industry 2020, found that 66.4 per cent of retail workers have experienced a mental health condition since the start of the COVID-19 pandemic. This was even higher among casual […]
Businesses are increasingly able to streamline workflows and finances through technology, lifting productivity and accelerating growth. However the right technology can also help simplify your operations, reducing the everyday stresses of running a business. This week we ask: what has made your life easier when running a business? Mike Featherstone, Managing Director ANZ & APAC, […]
As COVID-19 vaccines roll out across the world, businesses are experiencing a rare moment of optimism. However questions about the effectiveness of the vaccine and how long it will take to distribute mean that businesses are still kept in limbo. Dr Ian Norton, a specialist emergency physician who headed the WHO Emergency Medical Team and […]
Hootsuite launched its fifth annual Social Trends Report in Australia last week, revealing the shifts Australian marketers must make as the world becomes more digital after a year that redefined social media—with 4.1 billion people now using social worldwide. Hootsuite’s Tom Keiser, Chief Executive Officer, and Henk Campher, Vice-President of Corporate Marketing & Head of […]
Australian e-commerce and logistics technology startup Shippit has raised an AU$30m Series B equity round led by US-based technology investment firm Tiger Global alongside local representative Jason Lenga. Tiger Global partner John Curtius said the fund was impressed with the business fundamentals and rapid growth that Shippit had demonstrated. “Shippit has some of the best […]
