This week was a big week for small businesses. An Israeli tech company prepared to get ASX listed, an Australian inventor spoke about creating luxury mittens and there was no return to business tax cuts.
Dynamic Business has chosen the top snippets of the week.
Israeli technology startup Security Matters is planning to list on the ASX via an initial public offering (IPO) on 13 September 2018 at an indicative market cap of AUD $18.5-$20 million.
Security Matters is transforming brand liability, authentication, tracking and proactive quality assurance with its technology that permanently and irrevocably “marks” any object in solid, liquid or gas form.
When Fiona Theodoropoulos was growing up, Turkish exfoliating mitts were the norm. It was only when she was an adult that she realised that most of the world didn’t know about the power of deep exfoliation, and she set out to change this.
Treasurer Josh Frydenberg says tax cuts for big businesses won’t be revisited, but cuts for smaller businesses could be accelerated.
Former prime minister Malcolm Turnbull announced the shelving of the tax cuts after they were blocked by the Senate, but his successor Scott Morrison has yet to signal his approach.
Have a great week!