It’s the news small business owners have been waiting for. Prime Minister Scott Morrison has finally announced a $17.6 billion stimulus package in response to the economic uncertainty around the coronavirus. Businesses will be eligible for up to $25,000 and instant tax relief while members of the community on Centrelink benefits will get one-off cash payments.… Read more »
Covid-19 is here, and it’s affecting our communities in different ways. Businesses throughout Asia have been experiencing significant challenges that are only now appearing in Australia, Europe and America. With events being canceled, staff shifting suddenly to remote work and normal operating procedures being disrupted, there are new challenges for companies to face. While the… Read more »
In a briefing to portfolio companies, A-List venture capital investor Sequioa Capital calls COVID-19 a black swan event — something rare, of significant global impact, and difficult to predict except in retrospect. Uncertain times always come with new opportunities for those in a position to identify and exploit them, but most black swan events are bad news for… Read more »
It’s 45 years since the United Nations launched International Women’s Day (IWD), so our colleagues at Flying Solo and Kochie’s Business Builders asked female leaders they admire to share the impact the movement has had on their careers and reflect on IWD. Throughout history, women have doubted their worth and sold themselves short IWD… Read more »
Coronavirus continues to drive sales into Asia and Europe for South Australian hi-tech x-ray manufacturer Micro-X. The Adelaide-based company reported to the ASX last week that sales of its flagship lightweight mobile x-ray machine had reached $1.8 million for the quarter with $1 million worth of sales in 20 days. With almost four weeks of… Read more »
A 2017 report commissioned by the Wade Institute of Entrepreneurship (WIE), which mapped the representation of women in the Australian entrepreneurial landscape, found that “while the start-up ecosystem in Australia continues to grow, businesses founded by women are still underrepresented, with fewer female-led businesses starting, scaling and securing finance.” Yet in harnessing the very essence… Read more »
It’s hard to keep up with the number of important days we have in Australia. In March alone, there’s International Women’s Day, Earth Hour, World Water Day and Harmony Day to name a few. Amid this flurry of events, all with their own important messages, there’s one day that often flies under the radar in… Read more »
Australian police agencies are reportedly using a private, unaccountable facial recognition service that combines machine learning and wide-ranging data-gathering practices to identify members of the public from online photographs. The service, Clearview AI, is like a reverse image search for faces. You upload an image of someone’s face and Clearview searches its database to find… Read more »
Jeff Bezos, Amazon CEO and the richest man alive, recently made headlines after pledging to donate $10 billion to a new “Bezos Earth Fund” to help combat climate change. It’s one of the largest charitable gifts in history. Though details regarding the exact kind of work that will be funded are scarce, Bezos noted in… Read more »
You’d thinking flying in a plane would be more dangerous than driving a car. In reality it’s much safer, partly because the aviation industry is heavily regulated. Airlines must stick to strict standards for safety, testing, training, policies and procedures, auditing and oversight. And when things do go wrong, we investigate and attempt to rectify… Read more »
The average person spends more than 90,000 hours at work during their lifetime, and that’s only accounting for paid, 9-to-5 hours. We spend approximately one-third of our lives at work – and yet the work never seems to stay there. We think about work in the shower, on our daily commute or in the… Read more »
Australia’s first space industry incubator has opened applications for its third intake and is looking to help international companies break into the sector. Now in its third year, the Venture Catalyst Space program is based at the University of South Australia’s Innovation & Collaboration Centre (ICC) in Adelaide, South Australia. The program forms part of the… Read more »
Over the past decade almost US$200 billion has been invested globally in mobility technology that promises to improve our ability to get around. More than US$33 billion was invested last year alone. Another measure of interest in this area is the number of unicorns, which has doubled in the past two years. A unicorn is… Read more »
By now, you’ve probably heard that Goldman Sachs is no longer taking companies public if they don’t have any underrepresented board members. You’ve probably also heard about the corresponding kerfuffle in the Sydney Startups group: investors recycled the standard sexist and racist (and everything else -ist) dog whistles about “merit” to criticise the change,… Read more »
Documentaries abound at Melbourne’s Transitions Film Festival 2020, which began yesterday. The Startup Show co-founder Anna Reeves explains why we should all be watching more documentaries about the future. Jetpack jokes aside, let’s face it: the science fiction fantasies we’ve grown up with are almost, if not already here. And it’s likely that… Read more »
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