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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 […]
Last night, the Government announced a $2 billion investment into Research & Development Tax Incentives (RDTIs), scrapping a previously proposed $1.8 billion cut and a $4 million tax refund cap. The changes will apply from 1 July 2021 and will support more than 11,400 companies that claim the RDTI. In addition to the $2 billion […]
Whilst largely satisfied with the way the Budget has catered for women, female founders are saying there is room to create greater opportunities for support. The landmark 2020/21 Budget on Tuesday evening included $231 million for the second Women’s Economic Security Package. This includes $35.9 million to increase the number of co-funding grants to women-founded […]
The 2020-21 Budget delivers the biggest Australian deficit since World War 2. The Government’s fiscal stimulus of $51 billion during the GFC pales in comparison to the $257 billion in spending unveiled by the Treasurer yesterday. We asked leading Australian economists for their first impressions on the budget and how it affects business investment in […]
This year, Australia will see a $213.7 billion deficit. “Our economic response has come at a significant cost,” said Treasurer Frydenberg in his address on Tuesday evening. The deficit is expected to fall to $66.9 billion by 2023-24. Net debt will increase to $703 billion (36 per cent of GDP this year) and peak at $966 billion (44 […]
This evening the Federal Budget will be announced by Treasurer Josh Frydenberg in Parliament House in Canberra. Having been deemed by Prime Minister Scott Morrison the “most important budget since World War II”, the Government will this evening lay out their plan for economic recovery from the recession created by the COVID-19 pandemic. Follow the […]
As the Federal Government hands down the “most important budget since World War II” this evening, Australians can expect to see further tax cuts and a $200 billion deficit for the 2020/21 financial year. Whilst having been warned of a debt and deficit disaster, the government has acknowledged that to grow the economy they should […]
The world has watched US politics this year with a mixture of dismay, amusement and confusion. One of the most controversial political skirmishes this year is being fought over the US Supreme Court, after the death of Justice Ruth Bader Ginsburg on the 18 September left a vacancy that Republicans and Democrats have been vying […]
Today the Prime Minister Scott Morrison delivered his pre-budget speech on “arguably one of the most important” budgets since the end of the second world war. The 2020-21 budget, which will be announced next Tuesday, comes at the heels of Australia’s worst economic contraction after being hit by the global pandemic, bushfires and drought. “This […]
