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Calling all innovative minds! Australia's biggest deep tech event, Cicada x Tech23, is now accepting applications. Don't miss the chance to showcase your groundbreaking solutions and connect with investors, leaders, and partners. Apply now and join the ranks of past participants who have made a profound impact on the world.
Discover the key to success in fintech from Pearler co-founder, Hayden Smith. In an interview with The Business Of podcast, he shares valuable insights on building trust, managing risks, and why it's important to keep your day job.
Is your Aussie small business struggling to keep up with its Asia-Pacific peers? A recent study by CPA Australia reveals the challenges faced by Australian SMEs in terms of growth, technology adoption, and international expansion. Don't miss out on this eye-opening report and learn how to thrive in a competitive landscape.
Are you looking to build a sustainable and socially responsible business? Learn how to effectively develop an ESG policy and avoid the damaging repercussions of greenwashing in this insightful article.
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Jasper: The ultimate AI copilot for marketing teams
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Powtoon: Transform your message into engaging visuals
Top stories
Nearly 40% of small Australian businesses have made payroll errors in the last two years, according to Rippling. With new wage theft criminalisation rules on the horizon, companies must prioritize compliance to avoid damaging consequences.
Talented co-founders becoming unreliable in startups can be frustrating. It's important to try to keep them, but if they become a negative influence, it may be best to transition them out to avoid a toxic culture.
In today's competitive market, acquiring and retaining top talent is a challenge for many companies. Developing a strong employer brand is essential to attract the right candidates and stand out among the competition. Kimberly Whitler and Richard Mosley provide valuable insights on how to build a successful employer brand.
Australia
Australian SMEs are not automatically immune to cyber attacks, as a new report challenges assumptions about cybersecurity preparedness. The Cyber Wardens program introduces a five-tier system to help businesses assess their capabilities and improve defenses.
Treasurer Jim Chalmers emphasizes the need for wage boosts over tax cuts for low-paid workers during a cost of living crisis. Labor's submission to the Fair Work Commission aims to ensure real wages don't decrease. Fair Work Commission to decide on changes in 2024.
The future of work conversation is evolving beyond traditional paid work, with changing attitudes towards work, climate change impacts, aging and chronic diseases, AI advancements, and the potential for a post-work era challenging societal norms.
Australian Economy
Australian banks and retailers are in emergency talks to ensure the continuation of cash services by Armaguard. The Reserve Bank is involved to prevent potential disruptions. Cash payments have declined, posing challenges for the industry's sustainability.
The Australian Chamber of Commerce and Industry is pushing for a modest 2% increase in wages, citing concerns of overcompensation from previous raises. However, unions argue for a 5% increase to offset real wage losses due to inflation.
India
Imports from China have spiked 88% this financial year, impacting domestic steel. The surge, combined with pre-election demand fluctuations, is affecting steel firms. Prices for hot rolled coil have fluctuated, with firms citing imports as a major concern.
World
Despite a slight decrease from 2023, 76% of businesses are still increasing prices in 2024, signaling a trend towards continuous pricing hikes in the SaaS industry. It is important to raise prices strategically and focus on new customers.
China's new plan aims to revive the economy through investing in manufacturing, innovation, and clean energy. Focusing on quality productive forces, the program faces challenges with stagnant consumer spending due to a housing market slowdown.
Tech
The European Union has opened an investigation into Apple, Google, and Meta Platforms for potential violations of new Big Tech regulations. Fines of up to 10% of global revenue could be imposed, highlighting the growing scrutiny these companies face.
WhatsApp users can now pin up to three messages in chats, including media and emojis. Options for pin duration and easy pinning instructions are available for both Android and iOS users. Meta is also working on voice note transcription and AI-powered image editing features.
Apple is preparing to launch updated iPad models after a year of no new devices. The iPad Pro is anticipated to have an OLED display and thinner bezels, while the iPad Air may come in a new 12.9-inch option powered by the M2 chipset.
Curated for you
Discover how HarvestAds' innovative branding strategy, led by João Gabriel Akashi, uses a minimalist symbol to powerfully convey the company's ethos and promise to clients. Learn how simplicity and modernity can set a brand apart in the competitive digital marketing landscape.
The 4-5-4 fiscal calendar used by retailers since the 1930s streamlines planning and forecasting by ensuring consistent date ranges. This structure aids in strategic decision-making by simplifying comparisons, especially during critical retail periods.
Navigate the complexities of tax planning with the top 15 books to optimize your financial goals and minimize tax burdens. From "Tax-Free Wealth" by Tom Wheelwright to "The Power of Zero," these books offer expert guidance and practical tips for various tax situations.
Most founders under-price at first and slowly raise prices as they gain confidence in sales. Key logos can be 10x-100x more valuable than contracts. Starting with the first 10-200 customers proves value and traction.
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