News
As the need for multi-cloud adoption has increased with remote working, businesses have become more vulnerable to ransomware attacks. Ransomware attacks are malicious attacks on vulnerable IT systems that attempt to prevent organisations from accessing their data. Attackers can then ask the organisation for a ransom in order to return access to the data. In […]
Half Dome, a Victorian media buying agency seeking to shake up the advertising sector, was today announced as the overall winner of the 2020 Deloitte Technology Fast 50 Australia awards, achieving 2390 per cent revenue growth over a three-year period. The Deloitte Technology Fast 50 Australia program, now in its 20th year, ranks the 50 […]
“The reality is, if you make it easy for people to buy things, more people will buy things.” Those are the words of Fast CEO and founder Domm Holland, who started his one-stop-shop online checkout business after his wife’s grandmother struggled to purchase her Coles groceries. “When my son was born, my wife’s grandmother was […]
On Wednesday, the world marked the International Day for the Elimination of Violence Against Women. In 2020, one in three women experiences physical or sexual violence and this has only increased as COVID-19 lockdowns have been implemented around the world. We take a look at the ways that businesses can join in the fight against […]
Snowflake, the Data Cloud platform based in the US, announced its first-ever Global Startup Challenge, with the winner receiving up to $250,000. “This competition will showcase the power of data network effects while also expanding their reach. We look forward to rewarding a top startup who both embodies and employs the Snowflake vision: To mobilise […]
Germany’s coalition government have announced they will introduce a mandatory quota for the number of women working as executives in the country’s listed companies, in a decision hailed as a “historic” step towards gender equality in German boardrooms. The decision requires management boards with more than three members to include at least one woman, reversing […]
Former Prime Minister Malcolm Turnbull says that Australia must set more ambitious climate targets to retain international credibility, trade relations and climate protection. “Australia really has to get on board,” said Mr Turnbull at the AFR energy and climate summit on Tuesday. “If we don’t we will pay a heavy price for this, believe me, […]
After 500 days since the last Victorian budget, today Premier Daniel Andrews and Treasurer Tim Pallas announced their government’s plan for the state’s economic recovery from the coronavirus recession. With interest rates at historic lows, and not going anywhere for a while, the budget revealed a state debt of a record $155 billion in the […]
As part of the 2020-21 Federal Budget announced in October, the government unveiled the JobMaker Hiring Credit to incentivise businesses to hire young job seekers over the next 12 months. The credit will cost $4bn over three years to support the employment of 450,000 people aged 35 and younger. It is expected to create around 450,000 positions […]
National employment organisation The Australian Industry Group (AiGroup) has today released a report outlining issues arising associated with Australia’s ports, saying if they are not addressed it could have a significant impact on the country’s economic recovery from COVID-19. The report says that as an island nation, 98 per cent of Australia’s trade goes through […]
As part of its recently announced Digital Business Plan, the Federal Government has committed AUD3.6 million towards mandating the adoption of electronic invoicing for all Commonwealth government agencies. The move aims to encourage greater adoption amongst businesses supplying to government and within their supply chains. The mandate comes into effect as of 1 July 2022 and […]
Canva and TikTok are among the growing number of companies supporting #ThePreventionPact, which aims to reverse the 45 per cent drop in cervical cancer screening rates in Australian in 2020. Created by Australian healthtech platform HealthMatch in partnership with the Australian Cervical Cancer Foundation (ACCF), #ThePreventionPact aims to put cervical screening back on the priority list for busy women who […]
Mining company Fortescue Metals Group, industry superfund Cbus and professional services firm Aurecon are the most recent companies to sign on to the Australian Industry Energy Transitions Initiative. The initiative is a collaborative effort for industry and business leaders to collectively learn, develop research and take actions that move broader industry sectors towards net zero […]
More than 50 per cent of Australians intend to travel in the next six months, says Tourism Australia. Australia’s tourism industry, which employs 5 per cent of Australia’s workforce, has experienced a tough year, impacted by bushfires, the pandemic and interstate and national border closures. However, industry experts have observed a growing Australian sentiment towards […]
One of Australia’s largest construction companies, Grocon, has gone into administration, leaving subcontractors at risk of unpaid contracts. Grocon is known for developments such as Melbourne’s casino, Eureka Tower and the Rialto Towers. Grocon’s chief executive, Daniel Grollo, blamed its administration on Infrastructure NSW for its handling of the Central Barangaroo project. “It is unfortunate […]
Australia’s burgeoning space industry has the potential to unlock a raft of economic opportunities. However the industry’s success depends on the Government’s willingness to look beyond university-led research and recognise the crucial role that businesses play in driving innovation. When Adam Gilmour, Co-founder and CEO of Gilmour Space, first set out to grow Australia’s domestic […]
Australia businesses should prepare to take at least two decades to build new opportunities in the Asian market, says RBA governor Dr Philip Lowe. On Wednesday, Dr Lowe addressed the Australian Strategic Forum, noting that Australia is in a fantastic location in the world, closest to some of the fastest-growing regions. “[Australia’s relations with India […]
As the world continues to shift in a “green direction” and Australia heads towards a target of net-zero emissions, it is becoming increasingly important for SMEs to be looking to renewable energy sources to power their businesses. Currently, only 46 per cent of all Australian businesses are using renewable energy, and of those users, two-thirds […]
The NSW Government is giving every adult $100 in vouchers to spend on dining and entertainment in a bid to resuscitate small businesses that have been among the most affected by the recession. Anyone over the age of 18 will receive four $25 vouchers to be used at COVID-Safe venues across the state, through the […]
On Monday, the CSIRO’s Data61 and the Australian Trade and Investment Commission (Austrade) released a report Global trade and investment megatrends detailing the five megatrends that will reshape global trade and investment during and post-COVID-19. A megatrend is “a deep-set trajectory of change occurring at the intersection of multiple trends and drivers.” The five megatrends […]
