ACCC's Money Transfer Savings Insights

potential savings of over $200 million annually

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Published on Dynamic Business

Unlocking potential savings of over $200 million annually in international money transfers, the ACCC's report stresses the impact of increased transparency.

2024 Startup Muster calls on Australia’s tech industry to participate in a survey tracking AI effects and investment changes.

Learn how to safeguard your business's unique ideas and creations through proper management of intellectual property rights.

Discover Rippling's innovative custom course builder, revolutionizing training programs for Australian businesses.

New Tools

Business News

Top stories

Learn why conventional approaches to supply chain resilience are flawed and discover a new practice based on real options theory. Transform your company’s approach to resilience investments for optimal outcomes.

Australian biomanufacturing startup Cauldron Ferm has secured a $4.3 million grant through the Industry Growth Program to scale its unique hyper-fermentation system. The government-funded scheme aims to help startups grow and commercialize operations.

Australia

Leanne Faulkner, founder of Rereadable, launches an online bookstore specializing in business books. With a focus on building confidence and essential skills, the store offers new releases and evergreen titles, spotlighting Australian authors for a strong connection.

Farm Door Riverina, a Wagga Wagga-based business, has utilized a $180,000 grant from the NSW government to expand its operations, offering locally made meals in national supermarkets. The company's growth has been impressive, with a focus on sustainability and efficiency.

Shadow Minister for Science, Arts, Government Services, and the Digital Economy Paul Fletcher discussed the closure of the Boosting Female Founders scheme, which aimed to address the investment gap in women-led businesses. However, systemic challenges in tech equity persist.

Australian Economy

The Reserve Bank of Australia faces criticism for its handling of interest rates during high inflation. Deputy Governor Andrew Hauser’s comments on commentators being “false prophets” reflect the bank’s frustration with ongoing scrutiny.

World

SBA awards $7M in PRIME grants to nonprofits, supporting microentrepreneurs in underserved areas. Level the business field for disadvantaged owners. More opportunities for growth and success.

Iconic Irani cafes, known for their creamy chai and fresh samosas, are facing extinction in Indian cities like Mumbai, Pune, and Hyderabad. Rising prices, competition from fast-food chains, and changing consumer tastes threaten these cultural treasures.

Amid political unrest in Bangladesh, Indian exporters like Aditya Manaksia and Rajeev Goenka are feeling the impact on their businesses. Despite challenges, India remains hopeful for normalcy and continued trade relations with Bangladesh.

Tech

OpenAI's latest ChatGPT version wows users with human-like voices, prompting emotional connections. However, the company warns of potential emotional dependence and impact on social interactions. Experts urge caution and further research on AI's influence on relationships.

Data-driven web design is essential in today's digital landscape. By analyzing data, designers can create user-centered websites that drive engagement, conversions, and success.

Curated for you

The dot-com bubble was a slow-motion disaster that began years earlier than commonly thought. Financial bubbles are about vibes and irrational exuberance. The article dives deep into the industry's downfall.

Discover the key qualities that make employees stand out in the office. From performance excellence to team culture, learn how to make a lasting impression and achieve career success.

Cloud computing is reshaping industries with its flexibility and scalability. The global market is expected to double by 2026, highlighting its integral role in modern business practices.

Dropshipping offers easy access to ecommerce but can pose SEO challenges due to fierce competition. To stand out, content-then-commerce SEO tactics like content marketing, link building, media relations, and structured data markup are essential for success.

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