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With the Australian Government putting pressure on small businesses to digitise amidst the COVID-19 recession, more SMBs are looking for support to build an online presence. AppsVillage (ASX: APV) creates mobile apps from SMB Facebook and Instagram pages. The apps created using the tool aim to assist businesses to interact with their customers, and create […]
Mark Pesce is a leading futurist, author, entrepreneur, speaker, podcaster and innovator. He has been at the forefront of the digital revolution for thirty-five years and is a sought-after keynote speaker for major conferences and leadership gatherings. Mark aims to bring clarity, understanding and insight. From virtual reality to education, finance, manufacturing, transportation and communication, Mark gives individuals and […]
Finance leaders from mid-sized businesses (100 to 999 employees) are known for keeping a watchful eye on nuanced signals and indicators of potential risk. And yet recent results from a survey conducted by Oxford Economics and SAP of small and mid-sized businesses found that roughly half of finance executives from mid-sized businesses cite risk management […]
The results of an Atlassian study examining how working remotely has impacted knowledge workers during the COVID-19 pandemic provides valuable insights into how to lead a fragmented workforce. The three-monthly long global study, which surveyed over 5,000 employees, found an employee’s readiness for remote work was based on three key factors: Household Complexity – the […]
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 […]
Five Australian startups have been shortlisted from a record number of international applicants to participate in FoodBytes! Virtual Pitch 2020, Rabobank’s global food and agri startup discovery program. The Australian-based companies are among 45 food and agri startups, from across 14 countries shortlisted from 340 applicants from around the world. Successful applicants will become a part of […]
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 […]
The business tax changes under the 2020-21 Budget have been met with positive feedback from professional accounting bodies and tax experts. Two of the key announcements under the Government’s business investment strategy are the immediate expensing and loss carry-back provisions for businesses with an annual turnover of up to $5 billion. Under immediate expensing, businesses […]
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 […]
Running a business can often feel like an uphill battle. Business leaders will be faced with challenges for which there is often no precedent. However the ability to respond and learn from these challenges is crucial to a business’s ability to survive and grow. This week we ask: What and why do business leaders need […]
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 […]
Businesses are praising the decision from the Morrison Government’s 2020/21 Budget to invest $800 million into helping SMEs adopt new technology. On Tuesday night, Federal Treasurer Josh Frydenberg presented the Government’s economic roadmap out of the COVID-19 recession. The budget sees $800 million aimed at improving access to digital services for businesses, to “further drive […]
The Government has unveiled the JobMaker Hiring Credit to incentivise businesses to hire young job seekers over the next 12 months. It is expected to create around 450,000 positions for young Australians and cost the Government $4 billion from 2020-21 to 2022-23. What is it? From tomorrow, eligible employers will be able to claim $200 […]
The Government has enhanced instant asset write-off rules to support businesses investment, lowering taxes by an estimated $3.2 billion over the next two years. Businesses with an aggregated annual turnover less than $5 billion The Government will support businesses with aggregated annual turnover of less than$5 billion by enabling them to deduct the full cost […]
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 […]
