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Let’s play a game of word association. When I say ‘company culture’… what do you think of? Happy, entrepreneurial employees with meaningful work? Shared values and beliefs? A competitive advantage in terms of recruitment and retention? Table tennis or foosball? Transparent leadership? Perhaps the saying “all talk, no walk” comes to mind… [Related: Why business […]
Leading tech accelerator BlueChilli will create 240 early-stage startups over three years with the aid of a US$125 million fund managed by Singapore-based VC firm Hatcher+. [Related: Investors in BlueChilli startups automatically qualify for tax deduction after ATO ruling and Why the startup ecosystem needs more non-technical entrepreneurs, not stereotypes] Commenting on what the partnership means for BlueChilli, […]
What are the attributes of an SME that is growing, and how do they differ from a business with static or declining revenue? [Related: SMEs trading banks for fintechs, poll suggests] Twice a year, when more than 1200 owners or leaders of SME businesses are interviewed for our SME Growth Index, one of the first questions […]
The Australian Securities and Investments Commission (ASIC) has released a report detailing changes made by the big four banks to remove unfair terms from their small business loan contracts of up to $1 million. The report, Unfair contract terms and small business loans, also provides detailed guidance to bank and non-bank small business lenders about compliance with […]
A new visa scheme will be piloted for 12 months from 1 July, this year, in a bid to attract highly-skilled global talent to Australia and boost the nation’s capacity for innovation, Minister for Jobs and Innovation, Michaelia Cash, has announced. [Related: If employers can’t import critical talent on visas, they’ll consider overseas hires, says […]
Fintech and other non-bank lenders are set to overtake banks as the preferred source of growth funds for Australian SMEs, the latest Scottish Pacific SME Growth Index suggest. [Related: Let’s Talk… Fintech, FinTech Australia’s CEO steps down but will continue to help Aussie fintechs from Asia and Fintech Code of Conduct recommended by report into best-practice for SME […]
With more conveyancing companies offering e-Conveyancing it’s important to know what is Electronic conveyancing or e-Conveyancing. e-Conveyancing is having the settlement process streamlined online and actioning key points online instead of multiple parties and paperwork spread over different sites/times. So, with e-conveyancing you can have buyers, sellers, lawyers, conveyancers, title offices and banks all access […]
When looking at the hot-button topics of the world today, security is high on the list. With terrorism affecting just about every country in some capacity or another, there has never been such a focus or emphasis on security and emergency management. And it’s not just traditional terrorist acts that are gaining attention. Today, there […]
NSW businesses can now apply for matched grants of up to $250,000 under the NSW-Israel Research and Development (R&D) Tech Innovation Program. The program which is jointly run by the NSW Government and State of Israel was established to support innovation and strengthen ties between NSW and Israel. According to Minister for Trade & Industry, Niall Blair, interested businesses must apply before […]
Some years ago, I was advising two of the most impressive entrepreneurs in the country. They had built an amazing national brand and were going from strength to strength in terms of geographic coverage, revenue and customer numbers. But, they were having challenges managing the business now that it was so large. They explained: “We’re […]
Regardless of the shape, size or industry of a business, the endgame is, and should always be, the customer. Whether that be a direct consumer, another business or the wider community – they’re what keeps the business ticking. As a company dedicated to getting Aussie’s the best bang for their buck, we’ve focused on keeping […]
Security Colony was one of six cybersecurity companies selected by Austrade & AustCyber to take part in the Federal Government’s Landing Pad program in San Francisco. In this exclusive series for Dynamic Business, Nick Ellsmore, co-founder of Security Colony shares his journey as he builds his second business (the first sold to BAE Systems) and introduces […]
Wesfarmers intends to demerge its Coles division, with the aim being to transform the supermarket chain into a separate, top 30 company on the ASX so it can focus on growth opportunities for its remaining businesses. Commenting on the proposed demerger, which is subject to shareholder and other approvals, Wesfarmers Managing Director Rob Scott said […]
The ACCC has initiated proceedings in the Federal Court against Equifax (formerly Veda), alleging the credit reporting bureau made false or misleading representations to consumers between June 2013 and March 2017, in breach of consumer laws. Allegations include that Equifax claimed that its paid credit reports were more comprehensive than free reports, when they were not. […]
BioConnected’s ‘world-first’ fitness headphones have only been on the market for a few months but – to ‘stay ahead of the game’ – the Sydney-based sports tech startup is already plotting to diversify into the pre-medical space, says Chief Innovation Officer Dr Sven Rees. He described the company’s debut product – the HR+ bio-sensing headphones and app […]
The recent 457 Visa changes are impeding Australia’s capacity for innovation and they could force Atlassian to relocate its headquarters overseas, warns the home-grown software giant’s co-founder and co-CEO, Mike Cannon-Brookes. In an address to the Senate Committee on the future of Worker and workers in Melbourne on Tuesday, Cannon-Brookes said that technology had taken […]
The Australian Taxation Office (ATO) is warning the public to beware of scammers impersonating the ATO and demanding Bitcoin or other cryptocurrency as a form of payment for fake tax debts. Assistant Commissioner Kath Anderson said that recent reports to the ATO had identified fraudsters pioneering this new payment method when defrauding taxpayers in late […]
FinTech Australia have flagged their support for the Federal Government’s proposed legislative changes to the fintech regulatory sandbox but called for further improvements to make the sandbox more robust and fintech-friendly. Earlier this month, FinTech Australia’s chair Stuart Stoyan gave evidence to the Senate Economics Legislation Committee, which is inquiring into the provisions of the Treasury Laws […]
Cloud computing has been quickly adopted by businesses of all sizes, keen to take advantage of flexibility, elasticity, simplicity and cost savings. Yet, for many small and mid-sized businesses, a range of factors could mean shifting technology components to the cloud may not deliver all the expected benefits. Cloud proponents point to reduced IT complexity […]
Employers risk missing out on the best person available for an advertised role when they fail to actively address unconscious gender bias in their job ads, warns Kathleen McCudden, Group HR Director at SEEK. McMudden pointed to a new survey of 4800 people undertaken on SEEK’s behalf by independent consultant Perspicacious. Noting that the sample […]
