tech reacts
News

Australia’s tech sector reacts to Facebook ban

- February 19, 2021 6 MIN READ

Facebook decided today that it became necessary to destroy the town to save it. Australians woke to news – but not on Facebook – that the trillion-dollar social media giant had banned the posting and sharing of news stories in their country. And it was worse than that when the algorithm the company deployed to pull media… Read more »

coronavirus test
News

Victoria shuts border to Sydneysiders as the NSW Premier increases restrictions

- December 20, 2020 4 MIN READ

Victoria will ban Sydneysiders from entering the state from midnight on Sunday, unless they undertake a mandatory 14-day hotel quarantine. Victorian Premier Daniel Andrews and the state’s health department have upgraded the Greater Sydney area and Central Coast to a ‘red zone’, which means anyone who lives in these communities, or visited the area 11… Read more »

News

Victorians will start heading back to work from January 11 as the state relaxes mask rules and eases more restrictions

- December 6, 2020 3 MIN READ

Victorians will only have a wear masks when using public transport, taking taxis or rideshares, and for indoor shopping from midnight tonight under further relaxations to the state’s Covid-19 restrictions announced by Premier Daniel Andrews on Sunday. The “COVIDSafe Summer” will be in place until at least the end of January, and the government is… Read more »

News

RBA cuts rates to a historic 0.1 per cent

- November 3, 2020 3 MIN READ

The Reserve Bank of Australia (RBA) has cut interest rates by 15 basis points to a new record low of 0.1%. The cut was widely expected by markets. RBA Governor said in his statement that the Board decided on a package of further measures to support job creation and the recovery of the Australian economy from… Read more »

News

Melbourne has to wait another few days to see if the city’s lockdown laws will be eased sooner than expected

- October 25, 2020 3 MIN READ

Expectations that Victoria would begin to ease lockdown restrictions in Melbourne earlier than planned have been put on hold by Premier Daniel Andrews as the state deals with a minor Covid-19 outbreak in the city’s Northern metro area. Andrews labelled it a “cautious pause”, but offered some hope that an announcement on easing could be… Read more »

News

Melbourne will ease lockdown restrictions to ‘2nd step’ tonight but lifting the major changes for small business are still a fortnight away

- October 18, 2020 5 MIN READ

Melburnians will be able to roam up to 25km from their home from midnight tonight, with outdoor real estate auctions returning, as well as tennis courts, golf courses and skateparks reopening under a softening of Victoria’s lockdown restrictions announced by Premier Daniel Andrews on Sunday. The “third step” to reopen retail, hospitality, gyms, and personal… Read more »

Finance

Xero buys up business lender Waddle for $80 million

- August 25, 2020 2 MIN READ

Accounting software giant Xero Ltd is moving into lending to small business through invoice financing, announcing plans to acquire Sydney startup Waddle for up to $80 million. Xero (ASX: XRO) said the acquisition of the cloud-based lending platform aligns with its strategy to grow the small business platform and to address critical small business financial needs. “Waddle’s… Read more »