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Research reveals impact of COVID-19 on Aussie small businesses

- April 3, 2020 2 MIN READ

Research by QuickBooks Australia and conducted by YouGov has revealed just how much Australian small and medium businesses are being affected by COVID-19. The research conducted last week provides insights on how small businesses are really being impacted by the pandemic.

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Features

To survive Covid-19, pivot without hesitation

- April 3, 2020 2 MIN READ

When your business is on the line, there is no room for indecisiveness, hesitation and “business as usual,” according to Australian entrepreneur, business owner, investor, mentor and author Dorry Kordahi. Kordahi, who has played an active role in the Australian startup and business community for close to 20 years and is an Advisory Board Member… Read more »

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90 days of solitude: Australia shut down til June 29

- April 2, 2020 3 MIN READ

NSW Police Commissioner Mick Fuller says the state’s tough social distancing and isolation laws will remain in place for at least 90 days, taking the restrictions to June 29.  On Monday, the NSW government increased restrictions on freedom of movement in a bid to reduce the further spread of COVID-19, also ramping up the penalties… Read more »

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Who do you really need in your startup dream team?

- March 2, 2020 2 MIN READ

There are many traps when setting up your own startup dream team. Entrepreneurs want to share the excitement with friends and like-minded people. But mixing friends and business can get messy, writes Alan Manly, author of The Unlikely Entrepreneur. Those like-minded people won’t challenge you. Similar personalities are also often budding entrepreneurs. They want training… Read more »

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Features

How WineDepot is helping wineries stay in business

- March 31, 2020 2 MIN READ

The average Australian winery generates 44 per cent of its DTC revenue, through their cellar door, writes WINEDEPOT founder Dean Taylor. Rather sadly, many were forced to close their cellar doors this week to help contain the spread of coronavirus. This comes at a time when they are already reeling from the impact of bushfires,… Read more »

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Banks are upping their support for business to prevent commercial property evictions during the COVID-19 downturn

- March 30, 2020 3 MIN READ

Australian banks are expanding their program of six-month loan deferrals to larger companies, offering relief on up to $250 billion in business borrowing. The major banks are backing the Australian Banking Association’s (ABA) extended Business Support Package to 98% of all businesses with a loan from an Australian bank, increasing the existing $3 million small… Read more »

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Double down on sympathy when dealing with customers during the COVID-19 crisis

- March 30, 2020 3 MIN READ

As a funeral director, sensitivity is a skill I’ve honed over the years. The funeral industry always calls for compassion, empathy and emotional intelligence. Our clients, first and foremost, need support, often direction and clear communication in their time of need. Now, because of COVID-19, heightened sensitivity is necessary across every industry, writes Matthew Kwoka,… Read more »

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Victoria moves to stage 3 shutdowns as virus diagnoses rise

- March 30, 2020 2 MIN READ

Victoria is moving to “stage three” shutdown restrictions as the state’s coronavirus infection rate climbs past 800 cases. Premier Daniel Andrews is moving to give the state the legal framework to implement the national measures announced by Prime Minister Scott Morrison on Sunday night, including a limit of no more than two people gathered together out… Read more »

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Lessons from an Aussie fintech from China’s Covid-19 frontline

- March 30, 2020 4 MIN READ

These are strange times we live in. The global COVID-19 pandemic has introduced a new reality for all of us, with businesses reeling most from the impact and introducing significant changes. Many workforces across the world have turned to remote working, as travel restrictions and work-from-home directives are now widespread and mandated. Airwallex’s China office… Read more »

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