Finance

Boxing and strength-focused fitness franchise 12RND Fitness has 18 more locations set to launch in 2021. We chat to Co-Founder Tim West…

Instead of feeling paralysed by worry, businesses should see this as an opportunity. Here’s how businesses can transition to a post-JobKeeper environment successfully.

The Michael Page Talent Trends report reveals that 43 per cent of businesses expect to increase their headcount in 2021.

Making cuts to costs that are too deep can impact employee and customer satisfaction. Don’t cut costs enough, it can embed inefficiencies into the business or threaten viability. So…

The third round of the government’s Global Innovation Linkages Program, aiming to provide funding to help Australian businesses or researchers collaborate with international partners, is now open for applications.

From accounting to staffing, you must consider these things before embarking on your business..

Demand, competition and technology are driving seismic changes in the financial landscape, with power heading from the banks to the people…

Running a business is a challenge at the best of times, but throw in a pandemic and the associated economic woes – and cost cutting has never been more important.

If you think the only way to sell your business in the current environment is through a fire sale, think again. Dynamic Business explains everything you need to know about intangible assets.

You don’t often witness the richest man in the world publicly grilling another CEO on how his company has handled its customers.

American Express has partnered with Sniip, an Australian mobile bill payments platform, allowing Sniip members to pay bills with AMEX. “Until now, customers have often not been given the option to pay their household bills using an American Express card, as many businesses have not made it available for their customers,” said Damien Vasta, CEO […]

Aiming to not just outperform meat but replace it, Australian cultured meat company, Vow, has banked US$6 million of fresh funding. In 2019, Vow became the world’s first company to make a food product from the cells of an undomesticated animal, instead of the animal itself.  The company has since grown its library to 11 […]

While 2020 packed a punch that not many people were expecting, impending vaccines and a rebounding economy offer a glimmer of optimism for business in 2021. However improved economic conditions also mean a reduction in government safety nets like JobKeeper and cash flow boost. Properly managing cash flow in 2021 will be a precarious and […]

Unsurprisingly, the top four challenges and top three opportunities facing SMEs in the coming year are a result of COVID-19 related financial pressures, according to the latest ScotPac SME Growth Index research. When asked what they are most positive about for 2021, the most common response was getting “back in the black” (24%), and the […]

Despite hard hits to Australia’s wine, beef and barley industries, soaring iron ore spot prices have “more than made … up” the losses in lobsters and wine, says Deloitte. “To be clear, we’ve lost money on everything from lobsters to wine. But we’ve more than made that up in overall terms thanks to iron ore […]

More than one in five (22 per cent) of Australians businesses would use their credit card if they needed additional finance. A further 31 per cent would dip into their savings, while 21 per cent would look at a bank loan and 14 per cent access an overdraft.  This snapshot into borrowing habits has been […]

Snowflake, the Data Cloud platform based in the US, announced its first-ever Global Startup Challenge, with the winner receiving up to $250,000. “This competition will showcase the power of data network effects while also expanding their reach. We look forward to rewarding a top startup who both embodies and employs the Snowflake vision: To mobilise […]

As part of the 2020-21 Federal Budget announced in October, the government unveiled the JobMaker Hiring Credit to incentivise businesses to hire young job seekers over the next 12 months. The credit will cost $4bn over three years to support the employment of 450,000 people aged 35 and younger. It is expected to create around 450,000 positions […]

As part of its recently announced Digital Business Plan, the Federal Government has committed AUD3.6 million towards mandating the adoption of electronic invoicing for all Commonwealth government agencies.  The move aims to encourage greater adoption amongst businesses supplying to government and within their supply chains.  The mandate comes into effect as of 1 July 2022 and […]

More than 50 per cent of Australians intend to travel in the next six months, says Tourism Australia. Australia’s tourism industry, which employs 5 per cent of Australia’s workforce, has experienced a tough year, impacted by bushfires, the pandemic and interstate and national border closures.  However, industry experts have observed a growing Australian sentiment towards […]