Locked
The 2016-17 Annual Wage Review has been handed down, with the Fair Work Commission determining the national minimum wage (NMW) should be increased by 3.3% from 1 July 2017 to $18.29 per hour or $694.90 per week. The Commission has also resolved to increase modern award minimum wages by 3.3 per cent. In deciding to […]
Sunday penalty rate reductions for employees covered by the Hospitality, Fast Food, Retail, Pharmacy and Restaurant Awards will be phased in over three to four years from 1 July. The Full Bench of the Fair Work Commission issued a decision on 23 February 2017 to reduce Sunday and public holiday penalty rates in the Hospitality, […]
WannaCryptor, dubbed “WannaCry” in the media, has been one of the biggest cybersecurity stories in 2017. Leveraging the leaked US National Security Agency (NSA) exploit EternalBlue, the malware spread across the globe at an unprecedented scale and speed for a piece of ransomware. In fact, such fast-spreading malware of any kind has not been seen for […]
“Regardless of what sector you work in, the only constant for our generation is CHANGE. There will be no slowing down of the technology and innovation boom”. So says Kate Middleton, who has the distinction of being the only female CEO of a major player in the Australian insurance adjusting and engineering industry While sectors such as […]
Corporate accelerator Slingshot and the University of Newcastle (UON) have been jointly awarded $475,000 by the Federal Government to establish a two-year program that will support up to 16 start-ups in the Hunter region of NSW. In addition to supporting local entrepreneurs to scale their businesses, Slingshot expects the Integrated Innovation Network (I2N) Regional Accelerator […]
Amongst Australia’s SME owners, millennials are not only more optimistic about the future, they are also more likely to expand their business in the near future, according to a new whitepaper from NAB. Titled The Moments That Matter: Understanding Australian SMEs, the whitepaper reports on qualitative and quantitative research undertaken by IPSOS on behalf of […]
In a world where social media is (almost) everything, there is no denying the benefits of an engaging online presence for your business. More than 1 in 10 surveyed Australians have now shopped via a social media platform[1]. Successful social media strategies allow small businesses to convert customers to unofficial, yet involved, brand ambassadors who […]
When you’re travelling for work, it’s never ideal to get caught out in a situation that makes you late. Whether it’s travel delays, a public transport strike or anything else that comes up, it can be very frustrating having to postpone a meeting or function because of an unforeseen interruption. In fact, it’s probably up […]
Her Fashion Box, an online fashion start-up that secured funding on the second season of Shark Tank, has been taken to court over allegations it ran an unlawful unpaid internship program and underpaid three workers more than $40,000. The Fair Work Ombudsman has commenced legal action in the Federal Circuit Court against the subscription box […]
Peer-to-peer car sharing platform Car Next Door is seeking to raise $5 million from investors to capitalise on rapid growth over the last 18 months, during which it expanded from Sydney and Melbourne into Brisbane. Co-founder and CEO Will Davies told Dynamic Business that his start-up, which enables car owners to rent out their vehicles when they’re […]
When it comes to acquiring finance for your business either to get started or expand, traditionally banks have been the popular option; however, with more than half of SME loan applications being rejected by banks every year, banks are proving to be yet another hurdle for small businesses. Whether it is to fund start-up costs, […]
Daunted by the prospect of a life spent working for others, one-time lawyer Martin Halphen quit a stable job to become the master of his own fate. Propelled by ‘blind courage’, he purchased a modest fruit delivery business for $100,000, believing, hoping, it would play to his strengths. Despite some ‘hairy moments’, including a seven-year […]
Amazon is one of the biggest companies in the world, especially when it comes to retail. You can find nearly anything you could ever want on the website as well as some things you never even knew existed! But did you know that you can also use the mega-site to make money of your own? […]
When you first set up in business the single biggest challenge you face is getting people to notice that you’re out there. You can offer the best products and services in the world, at amazing prices, but nobody will buy them – and if somebody does happen to stumble upon you and make a purchase, […]
To kick-off Global Sharing Week (4-11 June) in Australia, more than 20 gig economy platforms are participating in a free event that shows attendees how to generate additional income from their under-utilised assets and time. The Income Booster Expo runs from 11am to 4pm on Sunday, 4 June at 55 Pyrmont Bridge Road, Pyrmont, Sydney. […]
In the process of completing a $100 million Series D round, US cybersecurity start-up CrowdStrike, which expanded into Asia Pacific last year, has onboarded Telstra Ventures as a new investor. Led by existing CrowdStrike investor Accel, the Series D Round brings CrowdStrike’s total funding to $256 million, with a valuation of over $1 billion dollars, […]
The Australian game development industry is frustrated. Incredibly so. One of the bodies that represents local companies in the industry, iGEA, recently published an open letter to Senator Mitch Fifield, who, as Minister for Arts, is the chief member of parliament responsible for supporting the games industry. Here’s an except from that letter: “… time […]
You have a dream and create your start-up and work through the night until you almost drop. You think hiring people is really going to help. It starts to feel like a ‘real’ company. Now you have people to delegate to. But then you discover that paradise – as my mother’s favourite saying goes – […]
It is an exciting time in Australia to be doing business! We are in a growth phase, driven by ambitious business leaders and demand from consumers craving innovation and new services. SMBs and start-ups remain the innovation engine of Australia’s economy. They don’t have the same budgets as their giant counterparts but SMBs are achieving […]
‘Give’. It’s the four-letter word that makes Steve Baxter’s blood boil when he’s being pitched to by a start-up in search of capital. The investor, tech entrepreneur and Shark Tank star discussed his pet peeve at Intuit QuickBooks Connect Sydney 2017, earlier this month, during an entertaining and candid interview with event MC Rove McManus. […]
