Friday, July 1, 2022

Koinly launches in Australia to solve Australians’ crypto tax headaches

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Koinly, a free tax software for crypto, has entered the Australian market. Initially in the UK in 2019, Koinly imports crypto transactions, finds past and current market prices, matches transfers between wallets, calculates gains/losses, and generates yearly tax reports. Koinly’s tax calculator can identify your taxable transactions from your non-taxable transactions, calculate capital gains and losses, and the fair market value of income from crypto in AUD.

How to decolonise the degraded First Nations entrepreneurial landscape

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First Nations entrepreneurs have been at the forefront of innovation and entrepreneurship from being the oldest bakers in the world to building the oldest known aquaculture that was used for farming fish and eels. However, they are often overlooked by the mainstream Australian economy due to systemic discrimination, institutional racism and cultural bias.

SMEs should leverage the federal SME Recovery Loan Scheme

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Businesses should to take advantage of the government’s generous SME Recovery Loan Scheme before applications close on 30 June 2022. The SME Recovery Loan (SRL) Scheme is providing much-needed financial assistance to many SMEs who would otherwise not be able to access business funding to help their business through the challenges of COVID. 

ABB acquires majority interest in EV solutions leader InCharge Energy

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ABB today announced the acquisition of a controlling stake in electric vehicle (EV) commercial charging infrastructure solutions company InCharge Energy. The addition of InCharge Energy will strengthen ABB’s E-mobility Division in the North American market by broadening its customer base and expanding its fleet electrification software and digital services offering.

5G garbage trucks are driving the future of Australian smart cities

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An interconnected network of garbage trucks could be the new frontline in repairing local roads, thanks to a research collaboration between Swinburne University of Technology and Brimbank City Council that utilises the 5G network and the Internet of Things (IoT). They will attach high-resolution cameras and GPS sensors to Brimbank’s waste trucks.

Next-generation digital travel platform Tripwell launches in ANZ markets

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Tripwell, the next-generation creator-led travel experience platform, today announces its launch into the Australian and New Zealand markets. The business is also set for strong results in seed funding to support its growth. Tripwell is a place where travellers can find and connect with creators, to see the world through someone else’s eyes and be inspired to travel differently. Tripwell aims to inspire travel discovery, enhance itinerary curation and simplify the booking process using creator-generated content.

Archipro raises AU$32.6m in Series A funding to fast-track Australia growth

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Online building marketplace, ArchiPro announced the company has raised AU$32.6 million in a Series A funding round led by New York-based Tiger Global, with support from Icehouse Ventures, and Queenstown-based Liger Trading. The new investors join ArchiPro’s 2021 AU$4.7 million series A backers: Ruslan Kogan of Kogan.com, and Hezi Leibovich, with the latter known for founding multiple Australian online marketplaces including Catch.com, Menulog and Scoopon (now Luxury Escapes).

Hero Packaging’s crowdfunding to open up to everyday investors

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This March eco-packaging pioneer Hero Packaging will be inviting everyday investors to buy into its company via a crowdfunding campaign on Equitise to raise funds to fuel its expansion into the US and Canada. The innovative zero-waste superstars already have a fully functional business in North America but are looking to scale up operations by expanding the local team who will oversee the next phase of growth and increase the digital footprint. 

New .au domain: Why businesses should have top-level domains

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New .au domain names are now available in Australia as of March 24th, where people will be able to buy .au domains without the .com, .org or .net for the very first time. Prior to the launch of this .au top-level domain, more than 15,000 Australian websites - including e-commerce, major news sites and government department pages - were taken offline. 95% of consumers consider ccTLDs to be most trustworthy in regions where they are used, according to research. Having a trusted ccTLD (country-code top-level domain) in the same location the business is based will help gain clients trust, helping maintain loyalty.

Two brothers find a unique solution to Aussie’s e-commerce waste problem

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Two brothers from Melbourne have made $1.5m in 12 months by solving Australia’s e-commerce plastic problem, which contributed to 2.5 million tonnes of plastic waste. With 2.6 billion parcels sent around Australia last year alone – Adam and Ace’s solution is to provide home compostable alternatives to bubble wrap, shipping mailers, and printing labels; all of which are currently being sent to landfill and taking 400+ years to decompose.