Business

Best of 25: ‘Profitiness’: Why Canva’s ‘profitable’ right up until it has to file accounts with the government

- January 2, 2026 5 MIN READ

Over the summer break, Startup daily is republishing some of its most read and favourite stories from 2025. Today it’s about Canva’s profitabilty, published in September. It’s just shy of 20 years since US political satirist Stephen Colbert coined the term ‘truthiness’. He described it as “something that seems like truth – the truth we… Read more »

Business

‘Profitiness’: Why Canva’s ‘profitable’ right up until it has to file accounts with the government

- September 24, 2025 5 MIN READ

It’s just shy of 20 years since US political satirist Stephen Colbert coined the term ‘truthiness’. He described it as “something that seems like truth – the truth we want to exist”. In corporate circles, there’s a fiscal truthiness where everyone’s wealthy and successful right up until the moment they lodge tax filings with the… Read more »

begging - coin put in a glass jar
Politics

ATO analysis reveals how tough it is to run a tech business in Australia, with Apple, Google and others struggling to make a buck

- April 5, 2024 3 MIN READ

Accounting tricks are helping Big Tech firms avoid paying tax on up to 96.6% of their Australian income, according to a new analysis of Australian Taxation Office (ATO) figures that showed Apple was the worst offender when it came to corporate tax minimisation. The tech giant took $9.3 billion from Australian customers during the 2021-22… Read more »