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Atlassian co-founder and co-CEO Mike Cannon-Brookes has thrown his support behind Brighte, leading the home energy fintech’s $4 million Series A round through his venture capital business Grok Ventures. Based in Sydney, Brighte is a digital credit platform that provides on-the-spot finance for home energy improvements, allowing homeowners to access solar panels, insulation and batteries […]

Government moves to reduce regulatory barriers to challenger banks entering the market should improve access to finance for small business, according to Australian Small Business and Family Enterprise Ombudsman (ASBFEO).  The Ombudsman, Kate Carnell, welcomed news that the Treasury is consulting on proposed changes to the Banking Act, which would remove restrictions on the use […]

The growth of SMEs is being significantly restricted by their inability to access credit readily, according to the results of a survey commissioned by fintech lender GetCapital. The Businessloans.com.au Small Business Credit survey was completed by 611 SMEs, defined as businesses with between 5 and 250 FTE and an average minimum revenue between $50,001 and […]

Despite being a $50 billion industry, the amusement and leisure sector has been ‘starved of advancements’, according to Luke Finn, the CEO of Melbourne-based tech company ROLLER. Determined to be at the forefront of the industry’s tech evolution, Finn along with his co-founders – brother Mark Finn (CFO) and Will Nicholson (COO) – have seen […]

We’ve all seen the grim statistics: more than 90 percent of startups fail. It’s widely acknowledged that many of these failures are caused by “rookie mistakes”. Yet, having worked with hundreds of startup founders as a mentor and investor I continue to see the same mistakes made again and again. At the same time I […]

Brisbane will soon boast a new co-working space with the launch of The Cove in Newstead at the end of September. According to owner and director Courtney Norris, the experience has been designed to encourage creatives to be “brave in business” while eliminating their “Monday blues”.      Norris told Dynamic Business that Brisbane has always […]

Western Union’s president of global payments, Jean Claude Farah, has indicated the 116-year-old money transfer giant isn’t at risk of being usurped by FinTechs but does realise the value of partnerships, admitting “today, no one can do it on their own”. Farah told Dynamic Business that the global payments industry is undergoing change, citing disruptive […]

Concerns around governance, culture and accountability within the Commonwealth Bank (CBA) have prompted the Australian Prudential Regulation Authority (APRA) to announce an independent inquiry into the lender. According to APRA Chairman Wayne Byres, the panel would consider the lender’s frameworks and practices in relation to the governance, culture and accountability to determine whether they conflict […]

Founders often ask me ‘how do you know when is the right time to leave a corporate role and start your own business?’ Despite the fact I have a strong accounting background and am very much a numbers person, life experience has taught me this initial decision often needs to be based more on a […]

Michael Nixon – a 14-year-old entrepreneur from Wagga Wagga, NSW – has out-pitched seven startups to be crowned the first-ever Australia Post Regional Pitchfest national champion. Impressing the judges with his innovation, The Amazing Annoyatron – an educational kit that introduces kids and teens to electronics and coding – the EduKits founder was awarded $7,500 […]

Networking with influential door-openers, eager to help female-led startups, helped the brains behind UrbanYou – an on-demand platform for household services – fast-track business growth, with their most recent feat being a $1m capital raise within the space of two weeks. To date, UrbanYou has facilitated over 20,000 services, totaling $3 million, for its 5000 […]

The opportunity for small to medium sized businesses to make the switch to solar and batteries is stronger than it has ever been. Similar to households, small businesses typically pay high electricity rates and unlike big businesses, possess less negotiating power on energy retail costs. Small businesses also tend to have tighter budgets when it […]

Four years ago, Sydney’s Frank Andrews began to transition away from a nearly 20-year career in the banking sector, where he was earning a six-figure sum, to pursue his passion for coffee roasting as a legitimate business. With limited hospitality experience, he faced an uphill battle – especially considering the fiercely competitive nature of the local café […]

Startup founders that overlook co-working spaces that aren’t ‘geographically desirable’ might miss out on the ideal work environment, according to Liz Elam, the founder of Link Coworking in Austin, Texas.  Meanwhile, Brad Krauskopf, CEO and Founder of Hub Australia, believes regional and suburban co-working spaces will eventually become the norm. The two co-working providers spoke […]

You’ve done the hard yards washing hair, booking appointments, and sweeping floors. Now it’s finally time to work for yourself. As a hairdresser, there’s plenty of opportunity to grow your own business, from renting a chair, to opening your own salon. Just as important as growing your business however, is protecting it. In this article, […]

Sydney-based fintech startup Spriggy has closed a $2.5 million funding round, which it will invest in evolving its educational pocket money app and bank card and growing out its user base of more than 35,000 parents and children. As part of the round, which was led by Alium Capital with additional funding from Perle Ventures […]

In the wake of its recent $2 million Series A capital raise, fintech startup EFTsure has entered into a collaboration agreement with PricewaterhouseCoopers (PwC), for an opportunity to mitigate the risk of electronic payment fraud for a larger pool of businesses. Founded in 2014, the Sydney-based venture has developed a software platform that validates the […]

Leadership is a skill that everyone should learn. Saying “everyone is a leader” sounds like a platitude, but it’s true: you don’t need to be a manager to be a leader. If you do manage a team, however, being an effective leader is even more important. Good leadership is probably the single most important skill […]

The Sydney School of Entrepreneurship (SSE), which opened its doors today, is a partnership between all 11 NSW universities and TAFE NSW, with aim being to develop the next generation of entrepreneurs and build out the local startup ecosystem. Founded with a $25 million cornerstone investment by the NSW Government, the SSE campus is located […]

Sydney fintech startup Pennybox is seeking to transform Australia’s $1.5 billion pocket money market with a new app that teaches kids financial literacy while helping them earn money for completing household tasks. Pennybox was founded by former equity analyst Reji Eapen and ex-Googler Adam Naor, who developed their app with the assistance of a $25,000 […]