The eligibility test for the JobKeeper wage subsidy has been changed by federal Treasurer Josh Frydenberg in a nod to the compulsory shutdown of thousands of Victorian businesses this week due to the state government’s stage 4 restrictions. The Treasurer has eased the criteria, which also applies nationally, so businesses now only have to show… Read more »
BigCommerce, the e-commerce platform founded in Sydney that’s gone on to become Shopify’s biggest rival, has seen its shares treble in value as US investors piled into the tech venture following its listing on the Nasdaq this week. Now headquartered in Austin, Texas the SaaS venture (Nasdaq: BIGC) raised US$216 million with IPO at $24… Read more »
Lyre’s Non-Alcoholic Spirits launched in 2019 and the Australian startup is now the most-awarded brand in its category in the world. The flavours include gin, whisky, vermouth, amaretto, absinthe and rum, and you can even make a non-alcoholic Negroni. Co-founder Carl Hartmann is a serial entrepreneur and when Amazon Launchpad arrived in Australia last year,… Read more »
If you’re travelling to work in Melbourne from August 6, you’ll need a permit or face a massive fine
How Amazon Launchpad helped turn non-alcoholic spirits brand Lyre’s into a category leader in 12 months
A chilli sauce startup with a product that sums up 2020 just raised $2 million from crowdfunding
Australia’s new biggest VC fund is worth $500 million
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Profiles
The economic crisis brought on by COVID-19 is unlike anything the startup sector and broader business community experienced before. The economic rule book has been thrown out the window and Australian government’s response reflects gravity of the situation, with Prime Minister Scott Morrison announcing a massive $130 billion stimulus package yesterday, worth 11% of annual… Read more »
News & Analysis
Western Australian hot sauce startup Bunster has landed 2020 biggest crowdfunding campaigns, raising $2 million on Birchal from 1571 supporters. The startup’s best known and best-selling product – “Shit the Bed” hot sauce – is considered too rude for major supermarkets to stock, but has become a cult favourite among chilli sauce aficionados. Founder… Read more »
Amazon Launchpad
Lyre’s Non-Alcoholic Spirits launched in 2019 and the Australian startup is now the most-awarded brand in its category in the world. The flavours include gin, whisky, vermouth, amaretto, absinthe and rum, and you can even make a non-alcoholic Negroni. Co-founder Carl Hartmann is a serial entrepreneur and when Amazon Launchpad arrived in Australia last year,… Read more »
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