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To stop a leakage of bright, entrepreneurial minds from Australia, chartered accountants Domenic Saporito and Gerard Holland have partnered on a venture that makes it easier for international students and graduates to break into the local start-up ecosystem. Holland has previously worked with middle-market and early-stage companies as a business advisor, while Saporito has a […]
Without vital time management skills, it would be impossible to juggle my business, team and speaking career, let alone run a home and meet commitments to my family, friends and three children. The key is to have self-discipline and strive to work smarter, not harder. The sad thing is, very few people (even those reading this article) will take […]
Businesses with an annual turnover of up to $10 million will benefit from the $20,000 instant asset tax write-off scheme for a further 12 months, the Government announced in the Federal Budget. The extension has generally been welcomed, although there have been calls to make the measure permanent and increase the write-off threshold to benefit more businesses. […]
Ahead of this week’s Federal Budget, two-fifths of the small business community are not confident of a favourable outcome, according to research undertaken by accounting software provider MYOB. Dynamic Business asked MYOB CEO Tim Reed to unpack the findings of the company’s SME Snapshot, a monthly survey of small to medium businesses from its customer […]
Having sold WME Group for $39 million, this week, serial entrepreneur Nick Bell caught up with Dynamic Business to discuss why it was time to leave the digital marketing agency he founded in 2008, the lessons he learned at its helm, and what he’ll do next. DB: How did the sale to Melbourne IT come […]
This week, Melbourne’s Airwallex – a fintech start-up specialising in cross-border payments – closed one of the largest Series A funding rounds ever held by an Australian technology venture. CEO and co-founder, Jack Zhang, spoke to Dynamic Business about what was involved in securing US$13 million for the company’s foreign exchange platform from three global heavy hitters: […]
Although change is not without its challenges, business leaders cannot afford to bury their heads in the sand as technology advances at an exponential rate – to do so means certain doom. This was the key takeaway message from Telstra’s recent Future of Business roundtable, which drew together leading futurist Ross Dawson as well past […]
In decades gone by, businesses sometimes set the trends for society. Fast forward to today where things move so fast that businesses are having to catch up with society. Even though most CEOs would not want to admit it, their organisations probably still look and operate far too much like a system designed for Henry Ford’s […]
Believing the traditional law firm model to be ill-suited to the needs of entrepreneurs, Demetrio Zema founded legal practice start-up Law Squared, determined to offer a better client experience. Since launching out of Cluster, a co-working space in Central Melbourne, in March 2016, the firm – Zema’s sixth business – has been named ‘Australia’s most […]
If you are seeking to foster a high-performing workforce in your organisation, it would be counter-productive (not to mention narrow-minded) to subscribe to the saying “out with the old, in with the new”. Long-held myths about mature age workers (e.g. they are change-averse, they are not tech-savvy, they have a ‘use by date’, etc.) have […]
We build companies and products faster these days and we have the potential to fail faster – much faster. In fact, the average tenure of a firm in the S&P 500 has shrunk from 61 years in 1958 to only 18 years in 2016. Even amongst the largest and most successful companies, standing still is […]
Incorporating fads such as Pokémon Go into your digital strategy can pay-off; however, it’s important to have a solid foundation of ‘tried and true’ marketing technologies that take you where your consumers are, says Sharon Rowlands, global CEO of ReachLocal. She recently spoke to Dynamic Business about the emerging technologies redefining the way small businesses approach all facets of […]
Recently named one of Australia’s nine most influential female entrepreneurs*, Melbourne businesswoman and start-up advocate Dominique Fisher has made a career out of developing products to assist university students successfully transition into employment. That is the core business of CareerLounge, which Fisher co-founded in 2008 with her son John Collins. Launched in March 2016, Paddl […]
There are calls from the start-up community for the Federal Government to clarify its plan to abolish 457 visas and address concerns the reform could create a skills gap, especially in the technology sector. Dynamic Business was provided with comment on yesterday’s announcement by the leadership of Shippit, Weploy, SafetyCulture, QUT Creative Enterprise Australia, Schedugram and Sail Business Loans. Offshoring and brain drain Logistics […]
The business impacts of cloud technology and the benefits of partnering with start-ups were discussed by a media panel at Amazon Web Services (AWS) Sydney Summit, this month. Panelists included Dan Stinton, Head of Digital (WA) at Seven West Media, Scott Farquhar, the co-founder and co-CEO of Atlassian and David Curran, CIO of Westpac. Stinton spoke about where […]
By extending payment times to small businesses in the supply chain, large Australian and multinational organisations are effectively using them as ‘a cheap form of finance’, according to a new report by the Small Business and Family Enterprise Ombudsman (ASBFEO). The report, which responds to the Ombudsman’s inquiry into payment times and practices, highlighted the […]
Former StartupAUS CEO and chair Peter Bradd, whose enterprise innovation consultancy Beanstalk Factory was named one of Westpac’s Businesses of Tomorrow, recently sat down with former IBM (ANZ) and Telstra CEO David Thodey to discuss the the value of (and barriers to) innovation plus the need for processes that ‘allow people to move faster’. Asked by Bradd to define ‘innovation’, Thodey, […]
Jobs for NSW seeks to help early-stage companies ‘left out in the cold’ by traditional lenders, including those crossing ‘the valley of death’, but there’s one thing it won’t do, according to CEO Karen Borg, and that’s give handouts to businesses that don’t have compelling job growth plans. Borg spoke to Dynamic Business about how […]
As workforces become more and more geographically dispersed, organisations need to support ‘distributed collaboration’ (i.e. the ability for people to work together as a team remotely) to survive, according to Jeff Rodman, co-founder of multinational video collaboration company Polycom. Rodman told Dynamic Business that the impact of digital transformation, including the shift from away traditional […]
Since separating from its parent company, last year, and undergoing a digital evolution, Damstra Technology has wasted no time in proving an SME from a country town can go global. The cloud-based, end-to-end workforce management solutions provider was today named as one of Australia’s 20 ‘high-potential’ Businesses of Tomorrow by Westpac. According to Damstra Technology […]
