News

Premier Andrews warns stage three shutdowns are looming for Victoria

- March 25, 2020 3 MIN READ

Victorian Premier Daniel Andrews has warned that stricter lockdown measures will be coming to his state, less that 12 hours after Prime Minister Scott Morrison banned international travel, property auctions, food courts and limited weddings to five people, among a range of increased isolation measures. While the federal government has begun incrementally increasing restrictions every… Read more »

News

Victorian schools close and police will enforce lockdowns as NSW Premier tells parents to keep their children at home

- March 23, 2020 3 MIN READ

Victoria is forming a 500-strong police task force to enforce social distancing and new laws aimed at stopping the spread of coronavirus. The police will be able to conduct spot checks on travellers and can fine and detain people defying the increasingly strict laws being introduced by the federal and state governments. On Sunday night… Read more »

News

Pubs and clubs, places of worship, casinos and sporting facilities to close from midday

- March 22, 2020 4 MIN READ

Pubs, gyms, restaurants, clubs, casinos and even churches will be forced to close from midday on March 23 under increased social distancing rules being implemented by the federal government. Prime Minister Scott Morrison announced the national closure of a range of indoor venues following a meeting with state and territory leaders on Sunday evening. Earlier… Read more »

banks
News

Here’s what the Big 4 banks are doing for small businesses impacted by COVID-19

- March 21, 2020 6 MIN READ

The Australian Banking Association announced a range of measures by the nation’s leading financial institutions on Friday as part of the response to the economic crisis caused by the COVID-19. The measures follow an $80 billion pledge by the RBA to buy government bonds to support the banks in lending to small and medium business. The government has also… Read more »

News

Xero and NAB join forces to streamline bill payments

- December 12, 2019 2 MIN READ

Cloud accounting solution Xero has integrated accounts payable functions on its platform with Australia’s largest business bank in move the company is calling a game-changer. Australian businesses using Xero that have NAB internet banking will be able to instruct multiple bill payments at a time through Xero and approve their bill payments anytime, anywhere, directly in… Read more »

News

RBA slashes cash rate to 0.75 per cent

- October 1, 2019 3 MIN READ

The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a record low of 0.75 per cent, signalling that it’s prepared to cut again if the insipid national economy fails to respond to the third rate cut in four months. Here’s the bank’s full statement following the decision:… Read more »

News

Australian startup Stackla sues Facebook for blocking access to the social media giant’s public data

- September 24, 2019 < 1 MIN READ

The AFR reports that Stackla, co-founded in 2012 by Damien Mahoney and Peter Cassidy, lodged proceedings in the US District Court in San Francisco last week. Meanwhile, the US Congress wants to see Facebook documentation relating to the ban as part of a government investigation into anti-competitive behaviour. Stackla is an AI-powered user-generated content (UGC)… Read more »

Business Basics

Come hear some of Australia’s best angel investors talk about how it’s done

- September 22, 2019 2 MIN READ

Startup ecosystem analysts Techboard will announce the winners of the Australian Angel Awards 2019 at the Sydney Startup Hub next Friday, September 27, and as part of the event, is holding a panel session featuring four of the country’s best angel investors. Investible’s Trevor Folsom, Jelix Ventures founder and CEO Andrea Gardiner, Follow [the] Seed founding partner… Read more »