Let’s face it, for most of us, raising money, even in the best of times, isn’t easy. Over the past 13 years I’ve raised over $1 billion dollars, in the UK, Europe, North America and Asia, and pretty much none of it was simple. It might be more challenging now than it was a few… Read more »
The budget deficit is projected to hit $213.6 billion, a record 11% of GDP, before winding back: Instead of falling, as predicted in the last budget, debt will climb: There’s spending and tax cuts a plenty: It’s expected to bring about a bounce-back in economic growth: But much depends on the assumptions, including a return… Read more »
A South Australian-based V2X technology company has today begun a connected vehicle trial in Queensland which will help explore the future of co-operative intelligent transport systems. About 500 vehicles will be fitted with Cohda Wireless’s MK5H on-board units as part of the Ipswich Connected Vehicle Pilot (ICVP). Cohda Wireless’s V2X (vehicle to everything) technology allows… Read more »
Tax cuts aren’t the half of it. The personal income tax cuts promised in the budget will cost A$17.8 billion over four years. The measures aimed at supporting businesses – the temporary instant tax write off of capital investments, the temporary ability to use losses to reduce previous tax payments, the JobMaker hiring credit and… Read more »
Accelerated tax cuts, cash splashes for pensioners, massive incentives for business to invest and a subsidy to hire unemployed people are the centrepieces of the Morrison government’s COVID-19 budget. More than 11 million taxpayers will get a tax cut backdated to July 1, giving lower and middle-income earners tax relief this financial year of up… Read more »
Facebook Messenger and Instagram’s direct messaging services will be integrated into one system, Facebook has announced. The merge will allow shared messaging across both platforms, as well as video calls and the use of a range of tools drawn from both platforms. It’s currently being rolled out across countries on an opt-in basis, but hasn’t… Read more »
Not many stories can compete with the run up to a federal budget, especially one with a deficit like none of us has ever seen, income tax cuts, and much else besides. But Donald Trump’s COVID infection certainly has done so in the last few days, especially given the official lying surrounding it and the… Read more »
Over the next few years, science and technology will have a vital role in supporting Australia’s economy as it strives to recover from the coronavirus pandemic. At Australia’s national science agency, CSIRO, we’ve identified opportunities that can help businesses drive economic recovery. We examined how the pandemic has created or intensified opportunities for economic growth… Read more »
As we head into the budget, many of the nation’s more than 2.3 million small businesses will be watching for measures to aid the recovery of this key sector of the economy. A recent Xero survey found 17% of small business owners believed the sector should be the central focus of the budget, and nearly… Read more »
Victorian Premier Daniel Andrews has announced an end to the curfew and a COVID-safe return to work for 127,000 Melburnians, as restrictions were eased at midnight Sunday night. He has also flagged a provisional early lifting of many other aspects of the lockdown on October 19. The downward trend in new COVID-19 cases has been… Read more »
Welcome to Ignition Lane’s Weekly Wrap, where they cut through the noise to bring you their favourite insights from the technology and startup world. Ignition Lane works with ambitious business leaders to apply the Startup Mindset to their technology, product and commercialisation problems. This wrap goes out free to subscribers every Saturday morning. Don’t forget that every Monday at… Read more »
Facebook has announced the latest version of its successful standalone virtual reality (VR) headset, the Oculus Quest 2. The new device packs more computing power and a sharper screen than its predecessor, and is also US$100 cheaper. Facebook’s Oculus Quest 2 (from AUD$479) is a powerful wireless VR headset for gaming and, Facebook hopes, much… Read more »
A few months prior to Covid-19 hitting Australia, I started an online property brokerage that I had gotten the idea for after working in the sector for 10 years and dealing with the same recurring problems daily. The centred around lack of transparency, and a lengthy and stressful customer experience. Fast forward to now, and… Read more »
The Morrison government will make sweeping changes to the insolvency system to improve the chances of saving small businesses hit by the pandemic. The reforms – which are described as the most significant for three decades – will cover three quarters of businesses currently subject to insolvency, almost all of which have less than 20… Read more »
An Australian Government promise to pay its suppliers faster has led to a collaboration between an e-invoicing startup from South Australia and the federal Treasury. Based in Adelaide, South Australia, invoice delivery service provider Link4 will connect Treasury with the Pan-European Public Procurement Online (PEPPOL) network, allowing the government department to instantly receive invoices from… Read more »
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