Data from cryptocurrency trading simulator Crypto Parrot has found that cryptocurrency traders on Bitfinex and BitMEX lost $US13.47 billion in 2020. The data found that $US9.26 billion of long positions and $US4.21 billion of short positions were liquidated over 2020. Crypto shorting is a bet that the price of a certain crypto asset will fall, […]
NSW businesses can continue to trade and receive deliveries for 24 hours a day. Until 25 March 2021, businesses can adjust their hours of operation to continue providing food, medical supplies and household goods to the community. In March 2020, the NSW government amended the Environmental Planning and Assessment Act 1979 and the State Environmental […]
After working in a multinational European trading company, a former lawyer apprentice decided to return to Australia and create Stake, Australia’s first platform for US stock trading. Less than three years after its launch, Matt Leibowitz’s startup reached 100,000 customers this June. As one of the companies that is thriving during the pandemic, Stake’s customer […]
Another company will start trading on the Australian Securities Exchange (ASX).
Major energy retailer Origin has entered an agreement with Perth-based energy trading startup Power Ledger to explore the ability for consumers to buy and sell energy to and from their neighbours. The agreement will see Power Ledger’s blockchain-powered peer-to-peer energy trading platform undergo a three-month technical trial, commencing next month. Historical and anonymised Origin […]
As a savvy entrepreneur, you know that your brilliant start-up idea, together with your visionary approach to a certain industry niche, is going to need a strong financial backbone. Capital is pretty hard to come by in this day and age, and your start-up needs to grow or have a soft cushion to land on in case […]
The UK’s decision to exit the European Union is causing market instability and while much of the focus has been on the valuation of ASX200 companies, SMEs are on the frontline during this volatile period. SMEs are considerably more likely to have direct exposure to lending conditions, greater dependency on a handful of key clients and, given their smaller size, […]
Compliance issues, red tape, and a lack of knowledge relating to FTAs are holding back many of Australia’s businesses from engaging in international trade, according to a new survey by the Australian Chamber of Commerce and Industry.
Until the arrival of large and mid-range international retailers such as Zara, Topshop and more recently, Sephora, there was an affordability gulf protecting Australia’s own mid-market brands.
Sydney retailers are able to trade 24-hours-a-day from today until Christmas, thanks to a landmark decision by the NSW Government.
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