News
The Telecommunications Industry Ombudsman is pleased to announce the formation of a Small Business Team, commencing 1 April 2019 In the 2017 to 2018 period, complaints from small businesses increased 8.7 per cent to a 20,433 total. This increase was largely driven by issues including no action or delayed action by their service provider to resolve their […]
Leading food company Deliveroo has announced a partnership with Melbourne-based Hospitality and Retail API Platform Doshii to streamline processing orders for restaurant partners. Restaurants who partner with Deliveroo will be able to utilise the Doshii API (Application Programing Interface) to connect customer ordering direct to their in-store point-of-sale (POS), eliminating the need for restaurants to manually […]
Online lender and invoice finance solution company, Waddle, yesterday announced it has secured AUD$4 million in Series A funding. The funding round was secured from experienced technology investor, Allectus Capital Limited (Allectus), and will be utilised to aggressively scale the platform in Australasia and accelerate the integration of Waddle’s global financial services partners. The raise […]
Minister for Primary Industries, Niall Blair has welcomed the move by Coles and Aldi to raise their milk prices to help support our State’s dairy farmers. “This is a great start for dairy farmers who have been struggling with the impacts of $1 a litre milk since 2011 and who are now facing added pressures […]
A recent study has revealed that 19 per cent of Australian small business will delay hiring staff until after the Federal Election as fear mounts over the impact of election policies on operations. According to new survey results in the Westpac Small Business Report in collaboration with Deloitte, small businesses are delaying critical decisions such […]
A fresh milk crisis taskforce will be established to help Australian dairy farmers who are doing it tough in drought ravaged towns. The Fresh Milk and Dairy Advocate will lead a dedicated Dairy Business Advisory Unit within the Department of Primary Industries, which will focus on driving demand for NSW milk through a marketing campaign, […]
Australian businesses are encouraged to begin training human resources professionals in modern slavery compliance in preparation for the lodgement of their first reports in June 2020. Accredited workplace relations specialist and Rigby Cooke partner, Rob Jackson, said HR professionals had a pivotal role to play in modern slavery compliance in all Australian businesses. “Training in […]
Over two-thirds (71 per cent) of small business owners say the federal government is not doing enough to support them, in a new study by accounting software provider Reckon (ASX:RKN). Government red tape is considered the biggest obstacle to creating a start-up in Australia, with over half (52 per cent) of SMBs agreeing. The survey, which […]
Students at Melbourne’s Swinburne University of Technology have an opportunity to participate in Microsoft’s pilot employability skills program, designed to equip students with the skills and talent required for high-demand technical roles. The pilot program seeks to address projected workforce shortages in new technologies, including AI, cybersecurity, data science and computer science, as the ‘gig […]
Passionate women’s rights advocate and journalist Tracey Spicer AM has been named 2019 NSW Premier’s Woman of the Year – the top honour at the NSW Women of the Year awards. Ms Spicer accepted the award from Premier Gladys Berejiklian and Minister for Women Tanya Davies at the WOTY Awards ceremony in Sydney today. “Tracey […]
The Reserve Bank of Australia has announced it will keep the cash rate at the record low of 1.5 per cent. The decision at Tuesday’s March meeting marks Australia’s longest period without a rate change. The RBA’s last cut was in August 2016 and despite economic growth slowing in the second half of 2018, it […]
Earlier today, Australia and Indonesia signed a free trade agreement, which will strengthen economic ties between the two nations and provide opportunities for Australian farmers and the education sector. Australian Trade Minister Simon Birmingham tweeted today, “(I am) thrilled to sign the Indonesia-Australia Comprehensive Economic Partnership Agreement today with my counterpart (Enggartiasto Lukita). “This historic […]
An external governance committee has been formed in response to the Royal Commission to ensure transparency in the financial services sector. The industry-led initiative will oversee a new rating system on financial advice licensees to help consumers make informed decisions. According to Australia’s only independent rating service of financial advisers, Adviser Ratings, the establishment of […]
A strategic investment and partnership between Macquarie Group and data analytics firm, Quantexa, will boost its AI-enabled network analytics technology. Founded in 2016, Quantexa uses the latest advancements in big data and AI technology to enable an organisation to analyse the true risk or opportunity of a customer. It can be used to prevent money laundering, […]
Brambles have today announced the sale of its reusable plastic containers business for $3.5 billion. The reusable crate and container company said the sale to Triton and Luxinva, a subsidiary of the Abu Dhabi Investment Authority, was expected to be completed during the second quarter of 2019. Brambles’ chairman Stephen Johns said the sale of […]
Homewares and manchester retailer, Adairs, has recorded significant online growth with sales up 42 per cent to $24.3 million for the six months to December 30. Adairs’ Managing Director and CEO Mark Ronan said the solid growth of the first half, despite a weaker housing market, was a result of the company’s focus on delivering […]
The holding company for Equity Trustees, EQT Holdings Limited, has recorded a net profit after tax attributable to shareholders of $11.2 million, an increase of 17.3 per cent for the half-year to December 31. Chairman Jeff Kennett said it was a strong result that demonstrated the success of the EQT’s business model. “The longstanding focus […]
80 Per Cent of Australian business leaders and finance professionals claim their organisation has made a significant business decision based on inaccurate financial data. A survey of 102 Australian C-suite executives and finance professionals in companies with more than $20 million in revenue commissioned by BlackLine, Inc., a leading provider of financial controls and automation […]
New superannuation laws are expected to eliminate underperforming, fee gouging super funds with the introduction of automatic consolidation of inactive accounts and a fee cap for accounts with balances under $6000. Two superannuation bills were passed in the Senate last week and have sparked a reaction from Industry Super Australia and the Institute of Public […]
The Future is Now. As a forward-thinking leader in the global construction industry, I’m passionate about future-proofing, but I feel anxious about the future of our cities and transportation, as I’ve realised that the industry and governments are not asking the right questions about the future or investment. We need to adopt a futurist mindset that […]
