Liven acquires four startups for $152 million in hope of becoming hospitality’s one-stop-tech-shop
Australian hospitality tech platform Liven has revealed $152 million in local and international startup acquisitions, in a move it claims will bolster its all-in-one offering to restaurants, pubs, and growing franchises.
TikTok users are going viral while sharing tax return shocks. Here’s why
Australian taxpayers are using TikTok to share their surprise and disappointment at their 2022-2023 income tax returns, highlighting some of the significant tax changes that came into effect last financial year.
2032 Olympics: Queensland small businesses urged to bid for billions of government contracts
Businesses have been invited to go for gold at the Brisbane 2032 Olympic and Paralympic Games, with the Queensland government calling for local businesses to bid on government contracts.
Queensland government backs 11 programs supporting women founders with $1 million fund
The program aims to support female founders at every stage of their business and innovation journey, as well as encourage participation in key industries and technologies.
Transport for NSW to pay damages to Sydney SMEs for losses caused by light rail construction
The matter returns to court in August to finalise damages paid to Hunt Leather and Ancio and begin determinations for other businesses who may join the class action.
Crowdfunding campaigns or an ASX IPO: Factors scaling companies should consider
In the 12 months to 30 June 2023, a total of 85 successful CSF offers were completed, compared to just 57 ASX IPOs in the same period.
Can Australia beat inflation without spiralling into a recession? The data says yes
What if the Reserve Bank achieves something truly remarkable – a steady decline in inflation without further interest rate increases, and without bringing on a recession?
AI technologies could boost Australian productivity, add $115 billion to the economy
The research, prepared by Accenture, found 70% of the economic value would come from an uplift in productivity across existing industries.
Protein ball pioneer Bounce Foods collapses into administration after $6 million US expansion leaves “heavy” debt burden
Australian snack food brand Bounce Foods has fallen into voluntary administration, after incurring significant debts from an unsuccessful foray into the American market.
Kate Morris’ Glow Capital buys fashion-focused uniform maker Cargo Crew
Cargo Crew has inked a deal with Glow Capital Partners that will see the investment house acquire a 51% stake in the family-owned business.
“Tumultuous economic conditions”: 91% of SMEs feeling the cost pinch
The rising cost of doing business is attributed to wage pressures, the cost of goods and services, and cash flow management, the study highlighted.
RBA to get its first-ever woman governor in Michele Bullock
The Reserve Bank of Australia will get its first woman leader as the federal government chooses not to extend Philip Lowe's tenure.