Small business fintech Prospa subject to $74 million takeover bid
Innovative small business lender Prospa is subject to a takeover bid worth nearly $74 million, which could sweep the fintech off the ASX five years after its much-hyped but tumultuous public listing.
LaunchVic debuts $1 million medtech grants to find the next global giant
The hunt for the next Mesoblast or PolyNovo is officially on, as LaunchVic reveals a $1 million program providing matched funding and crucial advice to burgeoning Victorian medical startups.
MYOB turns to Stripe to bill its customers, claiming cashflow benefits for SME users
Australian businesses using MYOB will soon make payments through the Stripe system, a move that will help its users focus on what actually matters: serving their customers and easing cash-flow constraints.
Atlassian commits to Australian IP retention in landmark $92 million settlement with ATO
Software giant Atlassian has settled a $92 million tax dispute with the ATO and has promised to keep its IP in Australia.
Qld’s $570 million battery strategy to create 9,100 jobs and add $1.3 billion to economy
Queensland is poised to become Australia's renewable energy "superpower" after unveiling a $570 million battery industry investment.
‘Robotax’ highlights the gaps in Australia’s taxation system. But there’s a fix
Imagine believing you owed nothing to the ATO, and finding out decades later that you did, and that the tax office had been accruing interest and penalties on it for decades.
GST reviews to work deductions: Five takeaways for SMEs from ATO commissioner’s final speech
The entire 70-minute address is available for viewing online, but SmartCompany has highlighted five of the key points for small businesses.
ZIRP: An explainer for fellow acronym haters
ZIRP is back in the headlines again, so here is an explainer on what it is, and why it’s dead in the startup and business worlds.
GST registration to become “slower and potentially more difficult” after $2 billion fraud
After a $2 billion fraud wave, ATO commissioner Chris Jordan said the GST registration system will become slower and potentially harder.
Why return to office mandates will set back WFH-related economic gains
Making workers return to the office for jobs that can be effectively done from home would unravel the economic benefits that have been achieved.
Cash no longer king? Aus Post, ACCC, RBA feel the squeeze
Like physical branches, paper bills, statements, letters and cheques once put in the mail, the increasingly parlous state of cash in Australia has again come into full public display.
Judo Bank co-founder Joseph Healy to step down as CEO
Judo Bank co-founder and CEO Joseph Healy will depart the SME bank in the coming months, seven years after launching a financial institution designed to provide a better deal to entrepreneurs.
