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- 22OCT2021-FRI
22OCT2021-FRI
Senate committee make recommendations to revamp digital currency in Australia
Friday 22nd October 2021
Let’s Talk: What technology has improved the operation of your business the most?
Communication, collaboration, and project management solutions abound. Automation is the name of the game, and the asynchronous revolution is upon us.While these developments can all improve business performance, most business owners are too busy running their company to keep abreast of technological changes that can underpin their profitability. So, we asked our experts to explain the technology that they can’t live without.Let’s talk…
Digital disrupters offering innovative solutions can receive $675k in grants: Minister
Startups and small-to-medium-sized enterprises (SMEs) in Australia who offer new regtech solutions to improve information sharing for trades licences can receive grants of up to $675k.
RBA observes slow wage growth
In the minutes of the Monetary Policy Meeting of the Reserve Bank Board, held on October 5th, Board members express uncertainty about Australia’s wage growth over the coming months.
Senate committee make recommendations to revamp digital currency in Australia
The Senate committee in charge of reviewing fintech has revealed an ambitious strategy to manage Australia’s global digital economy. The committee’s final report has been released, and it includes a dozen suggestions for how digital assets should be regulated.
Australia’s amusement and leisure industry insurance dilemma: Is a Discretionary Mutual Fund the solution?
The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) has provided preliminary support for a Discretionary Mutual Fund (DMF) to address the insurance crisis plaguing Australia’s amusement, attractions, and tourism sector.
Sydney’s post lockdown spending boom
In the week since Sydney’s lockdown ended, consumers have pulled out their wallets and hit the shops. Buy Now Pay Later company Zip’s spending index data for last week shows a 72 per cent increase in retail spending compared to the week before. Wednesday and Saturday saw the most significant increase in spending at 90 per cent and 96 per cent respectively.
EV strategy passes NSW parliament
NSW Electric Vehicle (EV) Strategy legislation has passed through the NSW parliament. The legislation will commit $490 million towards EVs in tax cuts, $3,000 rebates on purchased EVs, and EV chargers’ installation across NSW. The legislation is hoped to incentivise the uptake of EVs and reduce obstacles in their purchase and practical use. The new legislation makes NSW the nation leader in Australia’s drive to get more EVs on the road.
Prospa to introduce All-in-One business account for Australian SMEs
Prospa announced plans to expand its online lending products and introduce an All-in-One business account, which would include a number of cutting-edge functionalities to assist small business owners in managing their cash flow from a single platform.
