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Facing the changing landscapes of business in 2024? Discover expert strategies on harnessing AI, managing cyber threats, and keeping up with customer expectations. Let's Talk guides you on future-proofing your business.
Are you making common tax errors? This year, the ATO is honing in on work-related expenses, income from rentals and sharing economy, and capital gains from crypto assets. Stay informed and get ahead of potential pitfalls with this essential tax guide.
Say goodbye to gut instinct and step into the future with data-driven performance management. Learn how cutting-edge tools can re-energize your workforce, heightening engagement, communication, and overall productivity. This could be your game-changer.
Find out who took the crown at the 2024 Australian Small Business Champion Awards. Celebrating the achievements and immense contributions made by over 2 million small businesses, join us as we highlight the unforgettable night of triumphs and entrepreneurial excellence.
Embrace the AI revolution set to automate a third of all task hours by 2030. Discover how 72% of Australian executives show excitement for generative AI's potential in transforming industries, improving productivity and streamlining finances.
Discover how Flow Athletic achieved an exceptional 97.5% client retention rate in the dynamic fitness industry. Learn about their unique philosophy, commitment to innovation and community, and why they value their trainers as much as their clients.
Top Tools
CustomersAi: Convert visitors into customers with Ai
YouAI: Build Ai-powered apps without coding skills
CustomGPT: Unlock business potential with customized Ai integration
Vectara: Your trusted entry point into generative Ai
Neurons: Unlocking customer behavior with Ai insights
Jurny: Elevate your vacation rental management with AI
Top stories
Build Club, Australia’s largest AI engineer community, partners with AWS to launch an accelerator for AI founders. The program offers $25,000 in AWS Credits, mentorship, and a chance for the top five to tour San Francisco’s hacker ecosystem.
Discover affordable methods for growing a small business with tips from the online small business community. Learn budget-friendly strategies for effective PPC advertising, content marketing, utilizing AI, filling webinar registrations, software decisions, affiliate marketing, and more.
Starting a business can be daunting due to financial challenges. Misunderstanding startup costs can lead to inflated expenses and compliance issues. Inadequate funding, lack of long-term planning, poor record-keeping, and not seeking professional advice can hinder success.
Australia
Indigenous businesses in Australia generate $16 billion annually, providing vital services like healthcare and mining support. The Indigenous Business and Corporation Snapshot is a groundbreaking study shedding light on their contributions, despite the sector's underrepresentation in official statistics.
Blackbird's Kiwi fund founding head, Samantha Wong, returns to Australia for childbirth, passing the reins to Phoebe Harrop. Wong praises Kiwi ingenuity while cautioning against 'No. 8 wire' mentality hindering scalability in startups.
Data-led trading teams are leveraging latest technological tools to compete with hedge funds. Citadel's advanced operation includes weather forecasters for an informational advantage. Data-driven trading firms captured 25% of gas and power profits in 2022.
Australian Economy
The International Monetary Fund sees the global inflation fight nearing the "last mile," but challenges remain, especially with a looming Chinese economic slowdown. Australia must navigate these uncertainties and focus on innovation for future growth.
World
Apple has complied with Chinese government orders to remove Meta-owned WhatsApp and Threads from its App Store in China. The move follows concerns over political content about Chinese President Xi Jinping, while maintaining other apps like WeChat.
US owners of Foreign Disregarded Entities (FDEs) face complex tax obligations that require careful planning. Understanding FDEs, tax implications, key strategies such as entity structure choice, leveraging tax treaties, timely filings, and maximizing deductions and credits is crucial for successful international tax management.
Manish Lachwani, founder of HeadSpin, has been sentenced to prison for defrauding investors by inflating revenue and creating fake invoices. This case contributes to a trend of Silicon Valley founders facing consequences for exaggerations.
Japan's aging population has created a labor shortage, prompting companies like Osaka Ohsho to turn to AI to increase production efficiency. From farming to teaching, AI is becoming an essential tool in Japan's workforce, but it cannot replace human workers entirely.
Tech
AI is reshaping HR, requiring organizations to reskill, restructure, and regulate technology. Intrapreneurs drive successful adoption, with HR at the forefront. Embracing AI ensures long-term success through innovation and talent development.
AI language models are like dumb tools that calculate probabilities. To effectively utilize AI, ask clear questions, challenge its results, and use its honesty for feedback. Don't ignore AI's limitations, but harness its usefulness.
Curated for you
The manufacturing industry plays a key role in economic growth and job creation. Knowing the value of your manufacturing business is crucial for planning your exit strategy or potential sale. Professional analysts can help determine the market value using various methods.
Brandformance combines branding and performance to revolutionize digital marketing in 2024. A blended approach yields better results, with metrics like CPM and app installations key. Strategies include budgeting, targeting audiences, and refining processes for success.
Apple is known for hiring top talent, with over 150,000 employees globally. Despite a preference for in-person work, there are remote job opportunities available. Microsoft also offers many remote roles. Remote working offers flexibility but may have drawbacks.
Business audits are crucial for small businesses to ensure financial accuracy and legal compliance. They build trust among stakeholders and identify areas for improvement. Different types of audits serve various purposes, such as risk management, financial reporting, and tax compliance. Preparation and implementation of audit findings are key for business success.
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