- Dynamic Business
- Posts
- 06SEP2021-MON
06SEP2021-MON
Are your employees struggling? Here are three ways to support them
Monday 6th September 2021
Funding roundup August 30 – September 3: $1.6b for Databricks, Giant leap launches the second fund and KOBA raises on Birchal
Databricks raises $1.6 billion in Series H at $38 billion valuation
Giant Leap raises $15 million for second impact fund
Insurtech Open raises $31 million in Series B for expansion
Refundid raises $3 million
NZ startup Komodo raises $1.7 million for student welfare in schools
KOBA Insurance raises $1 million through crowdsource funding round
Let’s Talk: Fatherhood – reflections, insights and dad jokes
As we struggle through a wave of uncertainty, we need to remember what’s important. Dynamic Business moves the spotlight from business achievements to the handing down of wisdom, pandemic parental hacks and dad jokes, in time to celebrate Father’s Day.
How to thrive during the pandemic
Small businesses across Australia are finding new ways to do business during the pandemic. Dynamic business spoke to Nathan Rowe, Director of Paramount, a liquor distributor and Sendle, a small business shipping service, to see how businesses have changed on account of COVID-19.
Are your employees struggling? Here are three ways to support them
Over the past year, various public health measures to curb the spread of COVID-19 have forced people into isolation, pried them away from friends, family and other support networks and propagated a sense of uncertainty and anxiety about what lies ahead in the future.
Revolutionising business service procurement for small business
When we think of procurement, those with a history working in the corporate world probably picture complex and time consuming one-size-fits-all sourcing practices designed to protect the interests of large businesses. All too often, they fall short of delivering the best possible outcome for business, particularly regarding higher-volume, lower-value related services.
ACT government announces ‘tenancy relief’ to protect tenants during lockdown
The ACT Government has pledged $5.25 million in emergency support measures to assist renters and landlords affected by the COVID-19 public health emergency. Chief Minister Andrew Barr said that the government, landlords, and tenants must work together again to address the consequences of the current lockdown.
The ACT government has approved measures to protect tenants from eviction, suggesting that a lengthy lockdown will have long-term economic consequences. Chief Minister Andrew Barr is banking on a post-lockdown Christmas shopping frenzy to help the Canberra economy recover. However, Mr Barr dampened Canberrans’ expectations stating that huge events and trips would most likely be postponed until the summer.
The bill, introduced in the House of Representatives, would allow licence holders to conduct offshore infrastructure activities inside the Commonwealth offshore area. Offshore renewable energy projects, such as offshore wind, wave, and tidal power, may be included in these operations. According to the blueprint, regulatory certainty will allow investors to move forward with their projects, allowing Australia to build a new offshore economy.
Refinitiv polled by economists forecasts that 728,000 jobs were added last month. However, that projection was reduced from 750,000 to 750,000 following a dismal reading from ADP Employment Reports, which examines private-sector payrolls. The ADP data fell short of forecasts for the second week in a row: 374,000 jobs were gained in August, compared to 613,000 projected by Refinitiv.
According to Bloomberg, US officials are planning a fresh antitrust action against Google for its monopoly in the online advertising business. According to Bloomberg, an unnamed source familiar with the subject stated that the Justice Department could launch the lawsuit by the end of the year. On Wednesday, Google reiterated its stance, claiming that it competes fairly in a competitive online market. Google stated, “Our advertising technologies help websites and apps fund their content, enable small businesses to grow and protect users from exploitative privacy practises and bad ad experiences.”
Walmart’s move to pay at least $1 raises to 565,000 of its U.S. store employees highlights the industry’s tight, competitive labour market as the important holiday shopping season approaches. The holidays, worth about $800 billion in the United States alone last year, are the busiest time of year for retailers, accounting for the majority of their annual sales as people buy on and around Black Friday, Cyber Monday, and Christmas.
India unveiled a data-sharing system that could transform investing and credit by providing millions of users with greater access and control over their financial information and enlarging the potential customer pool for lenders and fintech companies. Regulators agreed to allow banks, pension funds, tax authorities, insurers, and other financial institutions to pool client information if the user consents, to make transactions run smoother.
