Small Business
Premier Daniel Andrews will release his reopening roadmap for Victoria this Sunday, September 6th. In a statement released today, the Victorian Government has said they will release their plan to reopen the state from Stage 4 lockdown, aiming to provide certainty and clarity for the people and businesses within the state. This announcement comes as […]
47 per cent of small to medium enterprises expect salary increases to be frozen for at least 12 months, according to a new study from ACA research. It is positive to see that the proportion of SMEs reporting a decline in revenue has decreased from 78 per cent to 67 per cent last month. Consequently, […]
Jackie Vullinghs is a Principal at Airtree Ventures who invests in areas such as health, fintech, cybersecurity and AI. She studied history at Cambridge University and then had a diverse and fascinating career in investment banking and start-ups. She moved to Australia in 2017, bringing a wealth of knowledge in fintech, leadership and personal publishing. […]
NSW small businesses have less than a week left to apply for the Small Business Recovery Grant. The Grant was opened up to small businesses who employ less than 20 full-time staff to help meet the costs of safely reopening or up-scaling operations. Small businesses which meet the eligibility criteria may claim between $500 and $3000 to help create COVID-19 […]
ANZ today launched a new digital lending platform to provide a conditional $200,000 to small businesses in unsecured lending in as little as 20 minutes if they share their Accounting Software Platform. Developed in partnership with DemystData – an external data marketplace – ANZ Online Business Lending syncs with Accounting Software Platforms (ASPs) Xero, QuickBooks […]
The Victorian Essential Services Commission announced this week that it will introduce new mandatory requirements for energy retailers to provide “reasonable” assistance to small businesses in “financial distress” and support for residential customers. On 24 August, the commission released temporary coronavirus pandemic requirements to assist small businesses and residential customers in Victoria on top of […]
Recent data from Telsyte has shown that nearly half (45 per cent) of Australian organisations are looking to increase cloud infrastructure spending in 2020, and 46 per cent of Australian businesses now have ‘cloud first’ policies when it comes to making new investments. Murray Dickson is the Director of Sales Enterprise (South Pacific) at CommScope, […]
The Morrison Government has announced they will invest $1 billion into the Australian defence industry to help create jobs in SMEs and stimulate the economy. In his announcement, Prime Minister Scott Morrison said the package is estimated to support around 4,000 jobs across Australia and help many small and medium sized businesses in the defence-industry […]
The NSW government has unveiled a $45 million grant program for small businesses and not-for-profits affected by the NSW and Victorian border closure. Eligible businesses along the NSW and Victorian border can apply for the Southern Border Small Business Support Grant from 8 September to 18 October 2020 via the Service NSW website. Premier Gladys […]
While the small business sector has been hit dramatically by the effects of COVID-19, they may also be our ticket out of economic distress. Small and medium sized businesses employ 4.8 million Australians (44 per cent) and are a major GDP contributor (57 percent). Employment growth in small businesses accounted for approximately 60 per cent […]
This article was guest authored by Mark Lenhard, CEO of Invoice2go. The past few months have presented some of the toughest challenges many Australian small business owners and contractors have, and perhaps will ever, face. From extended lockdowns and social distancing restrictions to customer disruption and economic hardship, much of the small business community’s attention […]
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 […]
A solution to corporate sustainability is possible and begins with smart technology, writes Nick Martyniuk, CEO at WePower. Digital advancements in the energy industry are helping smaller businesses match the sustainability efforts of the big end of town by reducing carbon emissions and energy expenditure. Giant organisations like Amazon, Facebook and Google are investing heavily […]
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 […]
With the news that JobKeeper will be extended for another six months until March 2021, many business owners and employees are relieved. However, with the latest tweaks to the wage subsidy, not everyone will benefit. So, who will win and who will lose out? The winners To be eligible for JobKeeper, a business must be […]
Perhaps collaboration marketing is the way forward for marketers this year, with budgets affected by covid-19. Marketing and PR expert, Jess Ruhfus, took brand partnerships to another level when she created a business marketing version of Tinder, Collabosaurus. We spoke to her about partnerships and the great opportunities that collaboration marketing can really give to companies. […]
Christmas is months away and probably not at the top of many business owners’ lists at the moment, however Carin Lee-Skelton, ANZ Country Manager for Pinterest, says that brands who are not already thinking about Christmas will fall behind. Searches for Christmas related topics have hugely increased and people seem to be more impatient than ever […]
From a self-funded startup to a booming pick-up and drop-off (PUDO) parcel network that is capturing local market share, Hubbed is launching in nine overseas markets and has created a challenge for global entrants. Since Hubbed launched in 2014, the network has grown to more than 2000 locations, has captured significant market share, has launched […]
With ‘free childcare’ ending yesterday, the Australian Small Business and Family Enterprise Ombudsman Kate Carnell says many parents – especially women – in small businesses will be faced with difficult decisions. “For small business owners – many of which are mothers – who have been working tirelessly to get back on their feet, childcare has […]
The vast majority of SMEs want stimulus measures to be extended further to help them recover from the impacts of the pandemic. This is according to Wave 11 of ACA Research and TEG’s COVID-19 Tracker (published 2 July) which shows that 75% of SMEs want current stimulus measures extended until 2021. The results are part of […]
