All Entries

Coalition pledges early-stage VC support as fintechs call for clarity

Published: April 24, 2025 at 02:04 AM by David Adams
A Dutton Coalition government will expand a program providing tax exemptions to early-stage startup investors, says Shadow Treasurer Angus Taylor. But some of Australia's most notable fintech founders say the scheme should not just grow, but p...

Coalition pledges to axe EV tax break used by small businesses

Published: April 24, 2025 at 01:13 AM by Tegan Jones
The Coalition has confirmed it will scrap Labor’s fringe benefits tax (FBT) exemption for electric vehicles (EVs) if elected, just two days after Opposition leader Peter Dutton said it wouldn’t.  The pledge to cut the EV subsidy was inclu...

Six Aussie startups that recently raised $62.2 million

Published: April 23, 2025 at 11:07 PM by Eloise Keating
This week's funding round-up includes six Australian or Australian-founded startups that have together raised $62.2 million to scale their operations. With two shorter working weeks in a row, we've broadened our scope and included startups tha...

Australian business leaders eye expansion thanks to cloud ERP

Published: April 23, 2025 at 11:00 PM by SmartCompany
As Australian companies stare down economic and geopolitical uncertainties, they remain resilient and positive about the outlook. Many are hungry to invest in emerging business technologies like AI, but they still need to control what they spend ...

AI, insight and patience: Three steps to scale up your company 

Published: April 23, 2025 at 11:00 PM by SmartCompany
Achieving scale is the goal of every emerging venture and being opportunistic with technology, knowing what to prioritise and having patience — possibly the hardest part — is the way to go from minor to major, according to those who learned these...

Global tariffs are shifting — and that’s good news for nimble Australian businesses

Published: April 23, 2025 at 10:35 PM by David  Warburton
When we hear about global trade tensions, it’s easy to brace for bad news, especially as a small business owner trying to survive another year of cost blowouts and interest rate pressure. But every shift in the global economy creates winners as w...

Shopify CEO’s bold AI memo a lesson for other executives

Published: April 23, 2025 at 10:23 PM by David Brudenell
Shopify's CEO just did what most leaders are too scared to do. He told his people to stop waiting for AI to make sense and start making sense of AI. Tobi Lütke's memo was blunt. Learn AI. Use it. Embed it in everything. It was part war cry, pa...

Chalmers, Taylor duel over company tax breaks in heated business debate

Published: April 23, 2025 at 07:08 AM by David Adams
A testy exchange over corporate tax rate cuts caught the attention of small business owners on Wednesday, as Treasurer Jim Chalmers pressed Shadow Treasurer Angus Taylor over the Coalition's post-election plans. Appearing in Melbourne for the ...

Australian circular economy pioneer Zero Co is shutting down

Published: April 23, 2025 at 01:02 AM by David Adams
Zero Co, the Australian cleaning goods startup promising a sustainable alternative to throwaway packaging, will cease trading at the end of the month, says founder Mike Smith. The announcement signals the end of a startup that championed the c...

Aussie founded Superpower raises $47 million to help people live longer

Published: April 23, 2025 at 12:53 AM by Eloise Keating
A who's who of tech and celebrity investors have backed Australian entrepreneur Max Marchione and his US co-founders in a $47 million (US$30 million) Series A funding round that values their health startup Superpower at more than $300 million. ...

ATO expands fixed rate WFH deductions to 70c per hour

Published: April 22, 2025 at 11:19 PM by David Adams
Taxpayers claiming deductions for home office expenses could receive a little more this financial year, after the Australian Taxation Office (ATO) bumped the popular fixed rate deduction to 70 cents per hour. The tax office quietly updated its...

Trump’s tariffs prompt IMF to cut Australia’s growth projection to 1.6%

Published: April 22, 2025 at 11:10 PM by Jacob Shteyman
Australia's growth outlook has taken a severe cut in a dire assessment of the global economy by the International Monetary Fund. The United Nations financial agency said uncertainty has surged to unprecedented levels as a result of US Presiden...

How to DIY tax planning in your small business

Published: April 22, 2025 at 04:39 AM by Natalie Lennon
Proactive tax planning can save small business owners thousands of dollars and give them a clear picture of their financial position before June 30.  If you're not quite ready to engage an accountant for tax planning, or you're just curio...

Explainer: The Coalition’s new small business tax breaks and tech deductions

Published: April 22, 2025 at 02:08 AM by David Adams
New small businesses will face lower corporate tax rates, and technology upgrades will cop bonus tax deductions, according to election promises floated by Opposition leader Peter Dutton. Speaking on Friday, Dutton revealed the Coalition's late...

Catch to refund gift cards after backlash over April expiry

Published: April 22, 2025 at 12:17 AM by Tegan Jones
Catch has quietly reversed its gift card expiry policy, saying it will refund outstanding gift card balances after the e-commerce site ceases trading this month. The update to this policy now appears on Catch’s FAQ page, addressing what cons...

Labor pledges to enshrine penalty rates into law if re-elected

Published: April 21, 2025 at 11:39 PM by Andrew Brown
Labor has positioned itself as the protector of penalty rates and is warning a Coalition proposal to ban working from home will be revived if it wins office. The government on Saturday announced it would enshrine evening, weeken...

Founders of Luxe Listings hit TV show locked in fiery court battle

Published: April 21, 2025 at 11:19 PM by Adelaide Lang
While reality TV shows often feature heated arguments and broken lifelong relationships, it's rare that the lives of their creators imitate art.  But it's the case for childhood friends and Luxe Listings co-creators Benjamin Scott and Jam...

Legacy footwear brand Wittner calls in the administrators for business reboot

Published: April 17, 2025 at 02:06 AM by David Adams
Australian footwear royalty Wittner has put its century-old business into administration in a brutally difficult market for discretionary retail. Australian Securities and Investment Commission filings show Deloitte's Sal Algeri and David Orr ...

First look: Google’s Project Starline makes video calls feel more real

Published: April 17, 2025 at 01:58 AM by Tegan Jones
The first few seconds of my Project Starline demo were surprising. Not because my call partner seemed like they were coming out of the screen at me – 3D technology is something I have enjoyed since Movie World as a kid. No, what really caught me ...

Seer Medical saved by $40 million rescue deal from global investors, Breakthrough Victoria

Published: April 17, 2025 at 01:30 AM by Eloise Keating
Melbourne-based medtech startup Seer Medical has been revived from voluntary administration thanks to a $40 million investment deal involving former backer Breakthrough Victoria and Cadwell Industries, one of the world's largest neurodiagnostic e...