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Earlier this week, ASIC Commissioner Sean Hughes outlined ASIC’s expectation that issuers and distributors of financial products adopt a “consumer-centric” approach when designing and distributing their products. In an address to the 30th Annual Credit Law Conference, Mr Hughes provided an update on reforms since the 2019 Royal Commission, ASIC’s strategic priorities, and future credit […]
Dr Susan Graham is the Chief Executive Officer and Co-Founder at Dendra Systems, an environmental restoration company founded in 2014. Based in London, Dr Graham’s known for her work across research, startups and inspiring young women in tech. She was named on the Forbes 30 Under 30 list for industry in Europe in 2017 and […]
A new study has been released highlighting the essential role small businesses play in shaping communities, with Australian consumers revealing their affection for the sector and its contribution to Australia’s way of life. The commissioned study conducted by Forrester Consulting on behalf of Xero, ‘The Next Chapter for Small Business’ found 87 per cent agreed […]
While China offers Australian exporters unprecedented opportunity in terms of potential customers, entering the market doesn’t come without risk. One cost-effective way for Aussie SMEs to sell to our biggest trading partner without having to establish a physical presence is through e-commerce. Selling online is a popular way to test how a product will be received in a […]
The Prime Minister has encouraged businesses to “be the best at adopting” technology but has cautioned against becoming “one big Silicon Valley.” This has elicited confusion among tech creators who question how Australia can promote technological innovation under a Federal strategy that prioritises practicality over originality. In an address to the Australian e-Commerce Virtual Summit […]
Small Australian businesses will be hurt the most if trade relations between China and Australia falter. While large companies like BHP and Rio Tinto can absorb the temporary revenue loss from lower export rates, it will be much harder for small businesses to survive. According to the latest release of ABS data on Characteristics of […]
With You With Me (WYWM) is a workforce technology platform that helps upskill veterans through training, education and recruitment. In 2019, WYWM won Deloitte’s Tech Fast 50 and Tech Fast 500 programs because of its explosive growth rate of 13,361 per cent. We sat down with co-founder Luke Rix to discuss why they founded WYWM, […]
Paypal and Buy From the Bush (BFTB) have launched an online marketplace for rural small businesses to expand their reach through ecommerce. The online marketplace connects bush businesses to consumers in cities around Australia. More than 250 small businesses have already signed up to the BFTB marketplace. Four out of five BFTB businesses are sole […]
Taj Pabari is the CEO of the Australian School of Entrepreneurship (ASE), was named the Australian Young Innovator of the Year in 2014 and Young Australian of the Year for Queensland in 2017 – and he’s only 21. His company, ASE, is a social enterprise that helps develop entrepreneurial skills for anyone between the ages […]
Success looks different for each business. There is a huge variety in the business models that we hold up as success stories. The journey to becoming a successful company brings an even more diverse collection of stories. However learning about others’ secrets to success undoubtedly helps bring fresh and helpful perspectives to your own business. […]
A former rider for Deliveroo has taken the food-delivery service to the Fair Work Commission (FWC) in an unfair dismissal case. Diego Franco’s contract was terminated in April after working for Deliveroo for three years. Mr Franco claims that he was an employee and was sacked without warning at the height of the pandemic. The […]
Zip has announced its partnership with Visa, Apple and Google to allow many more small businesses to accept buy now, pay later (BNPL) in store. The company’s new ‘Tap & Zip’ product feature enables Zip Pay users to shop anywhere that accepts Visa1, ApplePay or Google Pay. Unlike its major competitor Afterpay, which can only […]
Jordana Edwards has lived in Pottsville in regional New South Wales for the last 15 years. The town of just 6000 people is where Jordana launched her now $3 million a year company Clean Tea and The Breastfeeding Tea Co. But Jordana is passionate about more than just building her own business. She has identified […]
Australia’s unemployment rate increased to 6.9 per cent in September, however Australians should be focusing on another more troubling labour statistic. The latest ABS data showed that the underemployment rate also increased to 11.4 per cent in September (3 pts higher than a year ago). “Even before the pandemic, underemployment in Australia was persistently high,” said Matt […]
As we continue to navigate the impacts of the global pandemic, Export Finance Australia is supporting Australian businesses with access to finance. Without a doubt, new challenges have emerged – from difficulty in fulfilling international orders to the loss of a steady customer base. As a result, many exporting or supply chain businesses need additional capital to help them stay on top of […]
Martin Duursma is a Partner at Main Sequence Ventures. Prior to Main Sequence Ventures, Martin co-founded Datapac Australasia and then went on to become a senior executive at Citrix after it acquired Datapac. Martin shares his predictions on where Australia’s next breakthroughs in energy, advanced manufacturing and space lie. What are Australia’s biggest industry opportunities […]
Sally-Ann Williams is the CEO of Cicada Innovations, one of Australia’s leading deep tech incubators. Before joining Cicada, Sally-Ann was an Executive Program Manager at Google Australia for 12 years, driving Google’s entrepreneurship and startup engagement. We asked her about building resilience into Australian industries, cultural shifts in the way we innovate and emerging opportunities […]
Business investment is a key theme in the 2020-21 Budget. Treasurer Josh Frydenberg announced tax changes that are a “game changer” in the way Australian businesses manoeuvre out of one of the worst recessions on record. These changes hope to incentivise capital expenditure and support businesses to offset losses that have been widespread during the […]
Guest authored by Sam Allert, CEO of Reckon With 23 per cent of small businesses concerned they won’t exist this time next year without Government support, there were many eager business owners waiting to hear what the Budget delivered on Tuesday evening. A pre-budget survey conducted by Reckon interviewed over 1000 small businesses and found […]
In what is being dubbed the “jobs budget” the 2020-21 Budget was the opportunity for the Morrison Government to lay out the blueprint for a post COVID-19 economic recovery. Whilst the Budget will land Australia in a $214 billion deficit, the startup sector has seen fruit from the plan, with many measures put in place […]
