Friday, January 27, 2023

Five reasons why you should get an instant office instead of a fixed lease

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Australia is on the cusp of a very volatile economic period. As the world tries to pick up the pieces after two years of global lockdowns and constant setbacks, we continue to face the aftermath of COVID on many levels. In the current economic climate, businesses should be weary of being caught up in a long-term lease for an expensive office that’s hard to break.

VERSA hires Jen Cerqualia to newly created role of Client Strategy Partner

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Conversational agency VERSA has appointed Jen Cerqualia to the newly created role of Client Strategy Partner. A digital pioneer with 25 years’ expertise in digital strategy, transformation, management and implementation, Jen will grow digital partnerships like strategic planning with clients and lead cross-functional teams to optimise business and audience outcomes. 

Telstra and TPG merger not in the strategic interests of Australians

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Commpete, Australia’s leading alliance of challenger telecommunication companies, has come out in opposition of proposed merger of Telstra and TPG’s regional and rural mobile networks, calling on the Australian Competition and Consumer Commission (ACCC) to do the same.

Mareile Osthus leads the charge as humii makes five new appointments

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humii, Aussie’s first online platform that combines cutting-edge tech with real human analysis of online shopping, is growing its Aussie-based team to meet increasing customer demand, with five new hires, including leading global retail strategist Mareile Osthus in the pivotal role of Chief Strategy Officer. Osthus brings over 15 years’ retail industry expertise, having held positions with The Iconic, Alquemie Group, The Oroton Group, Zalando and Hugo Boss.

Rising wage inflation and interest rates top the list of concerns for SMBs

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Rising wage inflation is the top concern for SMBs with over 70% of small-and-medium-sized-enterprises worried about increased wage costs impacting their business this year. According to the latest SME Growth Index by Australia’s non-bank business lender, ScotPac, 75% of larger SMEs (revenue between $5 – $20 million) are worried about rising wage costs, with 68% of smaller SMEs (revenue between $1m and $5 million) citing an increase to employee expenses as their number one concern for reaching revenue targets this year.

Quantum computing takes a leap with Archer Materials getting key patent

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Archer Materials has been granted a key Australian patent for its 12CQ quantum computing tech. The patenting approval signals a step forward for the Adelaide-based firm in the race towards the world-first technology being used in every day products, such as smart phones. The firm, which has an office in Adelaide’s Lot Fourteen innovation district, announced this month it now has commercial rights to its 12CQ chip invention. Archer Materials CEO Dr Mohammad Choucair said that once fully developed, it’s hoped the ultra-powerful 12CQ chip will be able to operate at room-temperature and integrated into everyday electronic devices.

New-age insurtech startup upcover raises 4.7 million in seed funding

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upcover announced it has secured $2.7 million equity and $2m debt in a $4.7m seed round. With backing from industry heavyweights, the trailblazing insurtech startup is simplifying, digitising and democratising a heavily regulated industry that has been stagnant for years.

EML Payments hires curated industry expert Emma Shand as MD and CEO

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Global technology company EML Payments Limited welcomed Emma Shand as Managing Director and CEO, effective immediately. This follows the resignation of Tom Cregan. Emma Shand is a highly successful executive with 25 years' global experience in technology, capital markets and diversified financial services across 30 countries. This includes over 16 years in senior management roles with United States-based market leader Nasdaq.

River City Labs celebrates ten years of supporting Aussie’s top startups

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River City Labs, Australia’s home for tech innovators and passionate entrepreneurs, has celebrated its tenth anniversary of helping the nation’s leading startups grow and succeed with a gala event at Brisbane’s Cloudland. During RCL’s ten years, over 800 entrepreneurs have called the Labs home while bringing together entrepreneurs, investors, and gov't.

BlueRock joins forces with asset management firm Broadbent Financial

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Entrepreneurial advisory firm BlueRock has announced a merger with asset management firm Broadbent Financial to fuel company expansion. BlueRock is an entrepreneurial advisory firm offering tech-enabled professional services for growing businesses and individuals, including accounting, law, investment, private wealth, finance, etc, and a digital arm of the business.