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How a sleep-deprived mom’s idea became a lifesaver for parents

Meet Lou Rice

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Get ready to hear the inspiring story of how a sleep-deprived mom's accident turned into a game-changing product for parents everywhere. Meet Lou Rice, the mastermind behind Strapsicle, a nifty Kindle holder that is taking the market by storm. Read on to learn how this innovative product came to life.

Are you ready to expand your business into the fast-growing Asian market? Asialink Business, a leader in Asian market expertise, shares insights on why knowledge of the region is vital for Australian businesses. Discover their proven strategies and success stories in this article.

Attention all Australian employers! Long Service Leave compliance is a complex and ever-evolving landscape. From state-based legislation to enterprise agreements, understanding the intricacies is crucial to avoid costly mistakes. Learn more in this insightful latest article.

Discover the surprising truth behind Australia's recent job growth as the unemployment rate rises. Get insights on the latest data from the Australian Bureau of Statistics and expert analysis on the country's tight labor market. Read on for more details and stay informed on the current employment landscape.

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Australia passes Digital ID laws after a decade-long effort to enhance privacy in the face of cyber threats. The $1 billion scheme aims to streamline access to services across sectors, starting with state governments and private businesses.

The federal budget focuses on building Australia's clean energy transition and investing in new technological breakthroughs. The Future Made in Australia Act aims to make Australia an innovation and clean technology superpower, with investments in net-zero technologies and critical minerals.

Australia

This week's focus on AI news highlights the Australian federal budget's investment into safe and responsible AI adoption, with $39.9 million allocated for initiatives like revamping the National AI Centre and AI policy development. Industry reactions are mixed, with calls for more support for local AI innovations.

Founder Institute ANZ has announced the eight startups in its latest cohort, set to showcase at Demo Day next week. Featuring a diverse range of innovative businesses, the program offers a unique opportunity for early-stage entrepreneurs to build and grow their ventures.

Employers advocate for a modest increase of no more than 2.8% for minimum-wage workers, citing government assistance on power bills and rents in the budget. The Australian Industry Group makes its case.

Australian Economy

Australia must develop sovereign capabilities in critical industries for long-term economic prosperity. The 2024-25 Federal Budget introduces pivotal changes, including tax cuts, parental leave, and student debt relief, benefiting individuals and businesses. Key investments are made in deep tech innovation, with a focus on climate, renewables, space, defense, health, agriculture, AI, and quantum technologies.

World

In a crucial victory for the Consumer Finance Protection Bureau, the U.S. Supreme Court declared the agency’s funding mechanism constitutional. Conservative opponents, including payday lenders, failed in their attempt to diminish the agency’s regulatory power.

The Misery Index, used as a bearish critique of the economy, has failed due to low unemployment and inflation. Stagflation worries have resurfaced, but current data does not support the claim. Focus remains on post-pandemic demand shifts.

Tech

Google has rolled out its new AI-powered "AI Overview" feature for search results in the US, changing the traditional search experience. The addition of AI boxes has altered the web results layout, favoring summaries over full page links.

Google introduces two new web crawlers, GoogleOther-Image and GoogleOther-Video, optimized for fetching image and video data. Launched to support research and development, these crawlers join the Googlebot family, which includes specialized and user-triggered crawlers.

Curated for you

To build a truly authentic green brand, companies need to commit to evaluating every aspect of their operations. With an increasing number of consumers prioritizing sustainability, integrating environmental, social, and governance policies is crucial for success.

In "The Process" newsletter, learn how to interpret data trends and outliers before drawing conclusions. Gain access to visualization tools and courses to improve data analysis and presentation. Join to stay informed and support FlowingData.

Ensure optimal performance of ecommerce sites through free testing tools. W3C Markup Validation Service checks markup validity, PageSpeed Insights reports download speed, and Pingdom analyzes load speed. Other tools test accessibility, SEO health, and more.

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