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Explore how the emerging subscription economy is being turbocharged by innovative billing platforms. Uncover the features and benefits that are helping businesses of all sizes streamline their billing processes and enhance customer experiences.
Get an inside look at the successful launch of The Chooze Shop - Australia's rapidly expanding online marketplace for Assistive Technology and everyday products. Discover how this venture aims to disrupt norms for elderly and disabled individuals.
Amid challenging macroeconomic conditions in 2023, how did Australia's small businesses fare? Delve into Xero Small Business Insights, revealing trends in sales, wages and job growth, and the adaptation techniques employed by these businesses.
Revolutionizing digital banking, Avenue Bank offers a fast, fuss-free approach to secure bank guarantees, offering hassle-free solutions for businesses crippled by traditional banking methods.
Discover how the visibility of employee data can revolutionize your business. Learn how to foster a people-first culture, drive innovation, and make effective decisions. Stay ahead in a competitive market by leveraging technology for workforce data visibility.
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The survey by Herbert Smith Freehills in Australia demonstrates a shift towards profitability over growth in startup funding. Founders are more optimistic and accepting of economic challenges, with a focus on reaching profitability earlier. Investors may expect certainty in valuations for mature companies.
Big businesses are prepared for mandatory climate disclosure, but smaller suppliers may be unaware. A study shows mixed readiness as Australia aligns accounting rules with sustainability standards. Boards are urged to move from ambition to execution on climate action.
Mosaic Brands is facing legal action for alleged breaches of the Australian Consumer Law, failing to deliver products within promised timeframes. The ACCC is seeking penalties and compliance measures. The company denies the accusations, promising a vigorous defense.
Australia
Australia’s small businesses face their largest decline since the pandemic due to interest rate rises, high inflation, and slow sales/wage growth. Xero data shows a 37-point drop in performance, but some sectors see job growth.
Prime Minister Anthony Albanese announced new initiatives to strengthen Australia's ties with Southeast Asia, including improved visa access, financial support for trade, and increased business partnerships. With $2 billion in funds and an extended visa program, Australia aims to enhance economic cooperation in the region.
Australian Economy
Discussion at the ASEAN-Australia Summit focused on improving business engagement in the region. Initiatives such as deal teams in target countries and a $61.5 million investment showcase efforts to deepen economic ties and address sovereign risks.
PwC Australia's refusal to release the Linklaters report could derail reform efforts. Former CEO Ms Stubbins revealed governance issues, lack of confidentiality, and disappointment at being replaced amid a tax leaks scandal involving secret information sharing.
Opinion piece by Ambrose Evans-Pritchard warns of a potential economic slump and credit bubble burst resembling 2007. Global recession looms as central banks navigate rising debt and speculative markets, with implications for worldwide economic stability.
India
MCA secretary Manoj Govil calls for improved public trust in corporate financial statements. Ministry of Corporate Affairs reviewing regulations, engaging with ICAI for homegrown audit firms. CEOs and CFOs urged to enhance public trust.
World
A U.S. judge rules Google must face a class action lawsuit alleging it monopolizes the ad exchange market. While some claims were dismissed, accusations of higher ad prices and limited access to alternatives remain. Gannett may pursue a separate case.
Elon Musk sues OpenAI, alleging a shift from altruistic goals to profit-seeking, linked to Microsoft. Musk's concerns stem from OpenAI's change in ethos and governance under Microsoft influence, posing implications for AI development and industry dynamics.
EuroNCAP will require physical controls for hazard lights in cars to achieve top safety ratings by 2026. Touchscreen reliance leads to distracted driving. Manufacturers urged to use intuitive physical controls for key functions.
Tech
Google is updating the verification process for Local Services Ads to combat spam and protect consumers. Starting from the end of 2024, professionals like lawyers must undergo identity checks. This change will be gradually implemented to ensure authenticity.
A class-action lawsuit filed against Apple claims that their iCloud storage service restricts file access, stifling competition and raising prices for consumers. The lawsuit alleges Apple uses this tactic to generate high profits and limit competition.
Curated for you
Managing sales tax for eCommerce businesses can be challenging, but eCommerce sales tax software simplifies the process. Benefits include automated tax calculations, staying up to date with tax laws, filing assistance, and integration with e-commerce platforms. Here are 10 leading software packages to consider.
Entrepreneurship can be overwhelming, as success grows so do responsibilities. Tasks piling up? Feeling burnt out? Outsourcing can provide relief. Assess workflow, research VAs, and communicate clearly. Don't let growth hinder your progress.
SEO is an evolving game that demands strategic approaches. Enhancing keyword research, content velocity, on-page optimization, active link building, and ensuring a great website experience are crucial for success in today's competitive online landscape.
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