ASBFEO offers practical tips for entrepreneurs

+ emergency fund and smart investment options

November 08, 2024

In partnership with

Dynamic Business Exclusive

Insights on small business challenges in the Northern Territory with ASBFEO Bruce Billson.

RBA maintains cash rate at 4.35%, watching inflation closely. SMEs face challenges amid economic uncertainties.

Position your small business for success in 2025 with key strategies and financial insights.

Secure your financial future with an emergency fund. Discover smart investment options for growth and accessibility.

Strategies to attract and retain skilled workers in booming industry sectors.

Australian SMEs benefit from decreased living costs. Find out how to capitalize.

New Tools

Meet your own personal AI Agent, for everything…Proxy

Imagine if you had a digital clone to do your tasks for you. Well, meet Proxy…

Last week, Convergence, the London based AI start-up revealed Proxy to the world, the first general AI Agent.

Users are asking things like “Book my trip to Paris and find a restaurant suitable for an interview” or “Order a grocery delivery for me with a custom weekly meal plan”.

You can train it how you choose, so all Proxy’s are different, and personalised to how you teach it. The more you teach it, the more it learns about your personal work flows and begins to automate them.

Business News

CIIE offers Australian businesses an opportunity to re-engage with the Chinese market post-tariff removals, catering to a health-conscious audience. $40 million in trade deals facilitated last year.

The Open Source Initiative's new Open Source AI Definition (OSAID) sets a standard for transparency and accountability in AI. For businesses, it ensures trustworthy and compliant AI tools.

Google's AI Overviews (AIO) revolutionize search by providing rich, conversational answers. Initial roll-out in Australia promises streamlined, informative responses but with limited ad integration. Benefits include personalized results and complex query handling.

Google introduces brand guidelines settings in Performance Max campaigns, allowing customization of logos, colors, and fonts. The feature enhances branding consistency and potentially improves campaign performance.

Charles Lelon, CEO of Kamylon, shares his journey from medicine to venture capital and the success of his search fund model, emphasizing servant leadership and ethical values in business ownership.

New tariffs increase costs for consumers, hinder tech innovation, and force companies to move from China to the US, costing billions. This could lead to higher prices and negative impacts on American manufacturers.

OpenAI's ChatGPT now includes SearchGPT, a real-time web search feature offering live news and data. It provides concise answers based on verified sources, impacting search marketing strategies.

Amazon CEO Andy Jassy mandates employees return to the office full-time to strengthen culture, not cut costs. Some employees have expressed dissatisfaction with the policy.

The US dollar and Bitcoin surge as Donald Trump is re-elected, impacting global economy. Markets respond positively, but uncertainty looms over potential trade tariffs and policies. Fed rate decision awaited.

Nvidia surpasses Apple as the world's biggest company with a market cap of $3.584 trillion, driven by AI dominance on Wall Street and major tech clients like Meta and Microsoft.

Australia's government plans to introduce world-first legislation banning children under 16 from social media to protect them from harm online. Experts warn such bans may be ineffective.

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