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Novatti launches platform for Chinese residents to pay BPAY billers with AliPay

ASX-listed fintech Novatti Group has launched a new bill payment solution for members of Australia’s growing community of Chinese residents, migrants, students and toursist, resulting in its shares surging more than 36% in a day. The chinapayments.com platform enables consumers to pay billers registered with the BPAY electronic bill payment system, using funds from their […]

James Harkness · 2 min
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Coalition says new deal will lower electricity bills for SMEs but union warns prices will rise

Energy retailers and generators will be handed “unprecedented power to… control prices and drive up bills” under a new deal announced by the Federal Government, the Electrical Trades Union (ETU) has warned. On Tuesday, Malcolm Turnbull revealed the Federal Government will accept a recommendation of the Energy Security Board (ESB) for a National Energy Guarantee […]

James Harkness · 2 min
Industry

NSW retailers given green light to trade on Boxing Day under new legislative reforms

NSW Parliament has passed legislation giving retailers based outside of Sydney CBD and Bondi the option of trading on all future Boxing Days. Introduced by Treasurer Dominic Perrottet earlier this month, in accordance with the findings of an independent review by Professor Percy Allan, the Retail Trading Amendment (Boxing Day) Bill 2017 has amended the Retail Trading […]

James Harkness · 2 min
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StartupAUS concerned by absence of a ‘best practice’ copyright protection in new bill

Copyright reforms tabled in Parliament, this week, exclude a ‘best practice’ mechanism that would have protected young companies against online infringement, according to Australia’s peak advocacy group for start-ups. The Copyright Amendment (Disability Access and Other Measures) Bill 2017 was introduced into the House of Representatives on Wednesday by Minister for Urban Infrastructure, Paul Fletcher, who described it as […]

James Harkness · 2 min
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Electricity price rise to shock Queensland businesses

The new financial year will see a dramatic price hike in the electricity bills of all Queensland businesses, with a 13.29 percent increase in electricity costs.

Julia Clarke · 2 min