News
A deal to sell the company behind some of Australia’s most popular milk brands to a Chinese firm has been called off. Lion Dairy and Drinks – home to Big M, Dare Iced Coffee and Yoplait yoghurt – was to be sold to Chinese company Mengniu Dairy as announced by Japanese company Kirin in November […]
It’s good news for Sydney-based businesses after the announcement that Vivid Sydney will be returning for 2021. This will be the 12th year the award-winning light show will run, with it being cancelled in 2020 due to the coronavirus pandemic. Jan Mackenzie is the Head of Operations at Cafe Sydney – a rooftop restaurant on […]
The Australian Parliament returns today after a 10 week coronavirus break, with JobKeeper and JobSeeker up for discussion. For the first time in Australian parliamentary history, the sitting will take on a hybrid meeting structure with many members expected to join via video conferencing. In late July, the Government announced that both the JobKeeper wage […]
University of Melbourne-based researcher and entrepreneur, Professor Roland Bammer, and his clinical colleagues, Dr Shalini Amukotuwa and Dr Julian Maingard from Monash Health have released sobering findings on the extent to which patients with time-sensitive medical conditions, such as strokes, may have missed out on treatment by avoiding hospitals throughout the COVID-19 pandemic. Their latest […]
The Australian Competition and Consumer Commission (ACCC) has accused Google of releasing “misinformation” about the Federal Government’s plan to make them bargain with Australian news companies over payments for news content. Last month the ACCC delivered a draft code of conduct (the draft News Media Bargaining Code) governing bargaining between Google, Facebook and news media […]
Among the most affected by the COVID-19 pandemic, gig workers now have the option for broad insurance coverage thanks to Australian insurtech startup. Research has shown that gig workers are among the workers most impacted by the pandemic, with almost 70% saying they are now entirely without income. Over half of gig workers have lost […]
On Monday 17 August, the Deputy Premier and Minister for Regional NSW, Industry and Trade John Barilaro announced a $12 million Going Global Package to bolster the export capabilities of eligible NSW businesses. “Helping home-grown businesses succeed in the global marketplace is more important than ever before and here in NSW we have some of […]
The Australian Tax Office (ATO) has implemented changes to the JobKeeper employee eligibility rules with immediate effect. The key change to the JobKeeper rules is that the previous 1 March 2020 employee eligibility date has been updated to 1 July 2020. This means that there is now a larger catchment of people eligible for JobKeeper. […]
A new study has shown that finding a job in Australia is twice as competitive as the beginning of the year, despite the job market improving. With the unemployment rate being the highest it has been since 1998, many Australians now find themselves searching for work. The study by LinkedIn shows that while the job market […]
Significant reforms to the Foreign Investment Review Board (FIRB) process has resulted in long approval delays for Australian startups raising capital from foreign investors. Many Australian startups raising Series A & B rounds often have to rely on foreign investors to complete their rounds as they are often larger than what local investors can allocate. These delays […]
Personal/carer’s leave must now be ‘calculated by reference to an employee’s ordinary hours of work’, reverting to the method of calculation prior to August 2019. On 13 August 2020, the High Court of Australia changed how paid personal/carer’s leave under the National Employment Standards is to be accrued (see Mondelez Australia Pty Ltd v AMWU […]
Government measures to prop up zombie businesses through the pandemic could actually be harming Australian small businesses, with new data showing company wind-ups have all but ceased in the past quarter. Prushka Fast Debt Recovery revealed through data sourced from court records that the Australian Taxation Office and other government agencies, typically the largest source […]
Australian plant-based meat startup v2food today announced its long-awaited supermarket debut. v2food is a new, innovative Australian company committed to making delicious food that is good for the planet. Developed with over 100 years of CSIRO food & science research and with powerful collaborations within the food industry, v2food will play a pivotal role in […]
Australian online dispute resolution platform, Immediation, has recently announced a new arrangement with the nation’s busiest tribunal, the Victorian Civil and Administrative Tribunal (VCAT). The news comes less than two months after winning an arrangement with Australia’s top courts: The Federal Court of Australia, the Family Court of Australia and the Federal Circuit Court. The […]
XY Sense closes $AUD5m seed investment round to change the way businesses access and act on workplace data. Investment comes from leading Australian venture fund, Blackbird Ventures, staff and angel investors including; Danny Gorog (Former CEO of Outware), Sandy Kory (Angel investor in Canva, Palantir) and, Marc Alexander (CEO LIFX) among others, to support the […]
New research has revealed that 30 per cent of Australian businesses with customer foot traffic do not use a visitor check-in system that complies with their State Government directives, and 21 per cent do not use a check-in system at all. West Australian businesses are the least compliant, while NSW businesses are ahead of the […]
Stone & Chalk, Australia’s largest emerging technology incubator and impact network, today announced that it is to take on Ribit, a digital student job and internship matching platform that was set up by CSIRO’s Data61, the digital specialist arm of Australia’s national science agency. Ribit was launched by CSIRO in 2016 with funding support from […]
Projects and initiatives that help support mental health recovery in the workplace could be eligible for a NSW Government grant worth up to $50,000. Minister for Customer Service Victor Dominello said the Recovery Boost program, administered by the State Insurance Regulatory Authority (SIRA), would fund projects that promote seeking assistance early, supporting an individual’s recovery […]
New research from MyState Bank reveals covid-19 has accelerated the transition to a ‘less cash’ society in Australia due to concerns about health risks. Research conducted by MyState Bank found that since the pandemic outbreak more than two-thirds (68%) of Australians are using less cash in favour of contactless technology and other digital payments methods. […]
Last Tuesday (21/07/2020), the Australia Treasury announced that they are going to extend the JobKeeper payment up to 28 March 2021, six months longer than the initial deadline. According to Prime Minister Scott Morrison, the newest reports on JobKeeper and JobSeeker have shown how both schemes helped businesses to stay afloat during this time. “The […]
