Virgin Australia has reportedly filed for voluntary administration as it’s overwhelmed by massive debt brought on by the coronavirus lockdowns. An airline spokesman wouldn’t comment on Monday evening about various media reports. The Sydney Morning Herald and the Age reported that a decision was expected to be made at tonight’s board meeting and that accounting […]
The Seabin Project, an Australian ocean-cleaning startup, has raised more than $1,000,000 through crowdfunding since the launch of their new ‘Public, for Purpose’ campaign. The campaign is being hosted on the equity crowdfunding platform Birchal and has amassed over 660 public shareholders in just four days, with more than 1000 investors onboard at the time […]
Nine out of 10 Australian businesses employ under 20 workers, making us a nation of small businesses. While there is a multitude of positives in running a small business, there are also many pressures including managing employees, servicing customers and dealing with suppliers, which means there are a lot of plates to juggle. It’s easy […]
Australian businesses are ahead of their global counterparts when it comes to embracing new technology and preparing for the Fourth Industrial Revolution. According to Deloitte’s second annual global Readiness Report, Leadership in the Fourth Industrial Revolution: Faces of progress, 49 per cent of Australian business leaders say they invest in new technologies to disrupt their market, […]
As the end of year draws closer, it brings a great opportunity for small business owners to take time to reflect and plan for the year ahead. The Westpac Small Business Report in collaboration with Deloitte found that small businesses have grown modestly in revenue terms relative to this time last year. While some are […]
Deloitte and Google Australia have released their Outstanding 50 LGBTI Leaders list for 2018 to promote workplace inclusion and role models for LGBTI workers. The 2018 list comprises public figures across the corporate and public sectors, politicians, government officials, and business people from small, medium and large companies. There are 24 women and 26 men on […]
Having birthed more than half a dozen startups and steered some of Australia’s biggest corporates, you’d think that Sydney’s Jamie Pride has much to say about success. Instead, the serial entrepreneur, venture capitalist and self-described ‘misfit’ is more interested in discussing the personal toll of failure. Noting the high rate of startup failure in Australia, […]
Amazon’s recent Australian launch received a lukewarm reception, with average prices and faster shipping being the only apparent selling points. What you can’t see though is that their competitive advantage is behind-the-scenes of its website. Amazon embraces testing and experimentation, otherwise known as Conversion Rate Optimisation (CRO). Amazon succeeds where other online retailers fail because […]
Millennials crave a clear career path, mentoring, training and other learning opportunities. Millennials, defined as those aged in their 30s and below, now make up an increasing percentage of the workforce. However, research suggests that businesses are struggling to find ways to engage their employees, with 59% actively looking for their next employment opportunity. (1) […]
If your employees are like most Australians, they work fairly long hours. But you can’t assume that just because they’ re working more, more work is getting done. Long hours might mean they love what they do and want to give it their all . Or it could mean their day is full of productivity […]
