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Cost-effective tech options for growing businesses
+ a step-by-step guide to automating your business
Maziar Foroudian
April 09, 2024
Latest Stories
Discover tech budget hacks for startups with expert Paul Oppong's insights! Learn how to manage vital areas like cybersecurity, data management and AI for your small business without breaking the bank.
Uncover Australia's volatile fiscal landscape with an analysis by Chief Economist Anneke Thompson, highlighting trends that could signal a per capita recession and increased business failures by late 2024. Delve into the impact of fiscal policies, labour force dynamics, and consumer sentiment on the economy.
Will your SME be affected by Google's class-action lawsuit settlement concerning Incognito mode's privacy breaches? Discover how it impacts user trust, data practices, legal risks, and your advertising strategies.
Looking for ways to supercharge your business with automation? Discover how integrating AI and other automation tools in your strategic operations can transform your company into a revenue-generating powerhouse, even with a small team!
Top Tools
Redactable: Redact email addresses the easy way
SpeedyBrand: AI powered SEO tool for business success
Outreach: Revolutionizing sales productivity
Botonomous: AI-powered automation for effortless operations
Top stories
Australian accelerator and incubator programs have seen ups and downs in the past five years, with some startups benefiting from corporate-run programs. Advice on navigating bureaucracy, timing, and investing in tech to speed up sales cycles is shared by Adiona Tech's CEO, Richard Savoie.
Small suppliers to Australia's major supermarkets face retribution for disputes. Dr. Craig Emerson recommends the Food and Grocery Code of Conduct become mandatory for $5 billion revenue supermarkets. The review seeks to protect small suppliers.
Australia
Afterpay is raising credit limits to $4000 for eligible customers amidst looming regulations. Despite concerns, the company sees no increase in financial stress among users. Young people increasingly use it for clothing, household items, and beauty products.
The Australian Taxation Office is cracking down on false invoicing scams that minimize taxes. The Serious Financial Crimes Taskforce is urging businesses to avoid participating in these schemes, as they have the power to uncover and penalize financial crimes.
Small and medium enterprises are increasingly targeted by cyber criminals, despite misconceptions that only larger companies are at risk. Simple, proactive measures such as multi-factor authentication and secure document exchanges are essential to protect businesses of all sizes.
Australian Economy
The IMF highlighted Australia's strong housing channels for monetary policy transmission, with a high percentage of variable rate mortgages leading to consumption fluctuations. Despite high debt levels, Australian property prices have proven resilient to interest rate hikes.
Emerson rejects calls to break up Australian supermarket duopoly, warning of higher prices for consumers. PM Albanese echoes sentiment, arguing forced divestment is outdated. Increased scrutiny of Coles and Woolworths needed, but no quick fix for lowering grocery prices.
World
Zimbabwe launches new gold-backed currency, ZiG, in attempt to stabilize economy after years of crisis. Central bank governor Mushayavanhu promises structured currency with market exchange rate. People have 21 days to exchange old notes. US dollar remains legal tender.
Treasury Secretary Janet L. Yellen confronted China about their surge in exports of low-cost electric vehicles and green energy goods, urging them to scale back their industrial strategy. Talks also addressed concerns over Chinese support for Russia's war on Ukraine.
Tech
Apple App Store now allows retro gaming console emulator apps with downloadable games. Tesla announces robotaxi launch on August 8, while scrapping plans for a low-cost EV. Meta challenges FTC lawsuit regarding Instagram and WhatsApp acquisitions. Samsung to double chip investment in Texas.
Apple's App Store now allows emulators, following EU pressure. Emulators can download, store, and run retro games and apps, but with restrictions on downloading ROMs. Limitations ensure customer expectations and user safety.
Tech giants like OpenAI and Google are using YouTube videos to train their AI models, potentially violating creators' copyrights. The report reveals how these companies are cutting corners to access data, raising concerns about copyright infringement and ethical use of content.
Curated for you
In a thought-provoking exchange, a reader challenges the idea that AI digests will improve social media experiences, arguing most users seek mindless distraction. The author counters with the substitution effect, predicting reduced feed time.
Families, the military, Eurovision, holidays, and how-to videos inspire content marketing ideas for May 2024. Marketers can create engaging content based on International Day of Families, Armed Forces Day, Eurovision, top May holidays, and summertime videos.
Building a purpose-led community is key to entrepreneurial success. Entrepreneurs should focus on long-term happiness and impact over profit. By fostering relationships with like-minded individuals, businesses can grow, collaborate, and align on values for lasting success.
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