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Aussie Broadband, Australia’s fifth largest provider of NBN services, is set to list on the ASX this October. The ISP will list with a $180.5m to $190.5m market capitalisation. The announcement comes at a time where activity in the IPO market has been hugely destabilised by the pandemic. “The coronavirus pandemic has impacted the appetite […]
Zoho, a software solutions company, provides integrated tech solutions for businesses globally. They offer 45+ integrated apps, ranging from CRM to financial management. We talked to Vijay Sundaram, Chief Strategy Officer at Zoho, about their current work and their passion for helping small and regional businesses through these challenging times. Tell us a little about […]
The Federal Government has released a $4.5 bn network investment package, involving a $3.5 bn upgrade of the National Broadband Network (NBN). By 2023, more than 700,000 businesses and 6 million homes will have the option to pay extra for faster broadband. $3.5 bn will be allocated to network investments for homes and small businesses, […]
The Federal Government has announced new insolvency rules that will allow small businesses to stay afloat whilst restructuring debts. This new insolvency regime is proposed to start from 1 January 2021, following the lifting of temporary insolvency measures introduced in March 2020. Related: Government extends temporary insolvency and bankruptcy protections Incorporated businesses with liabilities less […]
At Tesla’s “Battery Day” event on Tuesday, CEO Elon Musk announced the production of a US$25,000 electric vehicle (EV) “about three years from now”. Importantly these EVs will be powered by “tabless” batteries that Musk promises will be cheaper and more powerful. The new “tabless” batteries, called 4860 cells, will provide five times more energy, […]
Enterprise resource planning (ERP) is a form of software that can help businesses keep on top of their myriad management responsibilities. ERP focuses on a central database that can help manage business operations, from supply chains to accounting. This can help streamline operations across multiple departments, reducing miscommunication or data duplication. This week, we discuss […]
Working from home has increased the use of residential energy across Australia, leading experts to call for households to switch to renewable sources. Through April, residential energy in New South Wales increased by 10 per cent, and in Victoria by 12 per cent. Ross Sharman, the founder of EnergyIQ and an integral member of the […]
Fewer women are running the country’s top 200 ASX-listed companies in 2020 compared to the last four years, according to the Chief Executive Women (CEW) ASX200 census report released last week. The report found that the amount of female CEOs of the ASX200 companies has declined from 14 to 10 since 2018. It also found […]
If trade bought prosperity to all corners of the world, then COVID-19 is showing the dark side of an interdependent world. Media interest in COVID-19 is increasingly shifting from the public health aspects of the crisis to the economic consequences of the biggest global pandemic in over a century. Often the issues involved in fighting the […]
With both government and companies eagerly adopting artificial intelligence (AI) strategies, we explore how AI could also streamline and scale your business. We examine the potential opportunities and risks that come with using AI, and what the future of AI and business looks like. What is artificial intelligence? The CSIRO defines AI as “a collection […]
As a telehealth provider, Coviu experienced a sudden surge in customer demand during the pandemic. Their website saw a 10,000 per cent increase in views in two weeks and their 7 initial staff were answering up to 1000 support requests a day. Despite these challenges, Coviu managed to successfully scale up whilst meeting unprecedented customer […]
Official ABS figures released today show that the unemployment rate has fallen to 6.8 per cent in August, down from 7.5 per cent in July. This drop contrasts widespread predictions of rising unemployment. Despite stage 4 lockdowns in Melbourne and stage 3 lockdowns across regional Victoria, national employment increased by 111,000 people between July and […]
Qantas will start referring business frequent flyers to lending platform Valiant Finance. This partnership helps Qantas members access working capital, asset finance and commercial loans. It will be enabled by Qantas Business Rewards, the airline’s frequent flyer program for SMEs. Olivia Wirth, Qantas Loyalty CEO, hopes that this move will help support businesses throughout the […]
Research from payroll and HR software solutions provider, Ascender, shows that more than one in three (37 per cent) of Australians are willing to take a pay cut in order to work from home for the rest of 2020. What does the research say? The research involved 1000 Australians from all states in late June. […]
A strong story behind a business’s inception can have a powerful effect on customers. Customers may identify with a founder’s back story or values, which can help grow the customer base. A compelling story can also help create a cohesive workplace culture, binding employees together with a shared vision. However when customers purchase a product, […]
The Morrison government has announced they will back the construction of a gas-fired power station in plans to prevent an energy price spike for employers and households and help rebuild the Australian economy. “Gas is a critical enabler of Australia’s economy,” Prime Minister Scott Morrison said in a statement ahead of Tuesday’s speech. “Our competitive […]
Rebranding can be difficult at the best of times. Companies fear losing recognition, customer retention and brand loyalty. With this in mind, rebranding during a global pandemic, when customers are far and few between? Seemingly impossible. That is what business entrepreneur Rebecca Klodinsky took on when she rebranded her swimwear company Frankii Swim to IIXIIST […]
Start Path – Mastercard’s global start up program – has bolstered 230 fintechs around the world and helped them raise $2 billion in capital. The program boasts an Australian alumni of Airwallex, Money Tree and identitii, and has recently partnered with its first Australian fintech mx51. We chatted with Kallan Hogan, Head of Fintech Australasia […]
Amidst the constantly changing news cycle and rule amendments, it can be hard for SMEs to keep track of their tax obligations. We interviewed Kirsten Fish, Chief Tax Counsel at the ATO (currently Deputy Commissioner Small Business), on the major tax issues facing SMEs during the pandemic and how best to navigate them. What are […]
Environmental, social and governance (ESG) concerns are a rising trend in investment decision-making globally. Between 2016 and 2018, the value of sustainable and responsible investment assets in Europe, the US, Japan, Canada and Australia/New Zealand rose by 34 per cent to $30.7 trillion. This trend has been accelerating the fastest in the United States. More […]
