News & Analysis

A chilli sauce startup with a product that sums up 2020 just raised $2 million from crowdfunding

- August 8, 2020 2 MIN READ

  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 »

News & Analysis

If you’re travelling to work in Melbourne from August 6, you’ll need a permit or face a massive fine

- August 5, 2020 3 MIN READ

Thousands of Victorian businesses shut down for six weeks from midnight tonight, with around 250,000 workers sent home. But if you’re planning to travel to work in Melbourne from Thursday, August 6, you must have a worker permit issued by your boss or cop swingeing fines under tough new stage 4 lockdown laws. The changes… Read more »

News & Analysis

THE LIST: What Victorian businesses must close or can stay open under new stage 4 covid-19 restrictions

- August 3, 2020 3 MIN READ

Victorian Premier Daniel Andrews announced another 250,000 workers will be sent home from their workplace – to either work from home or without a job for the next six weeks – under tough new lockdowns in a bid to slow the state’s growing covid-19 numbers. “If we’re serious about driving this thing down – and… Read more »

News & Analysis

Atlassian just had another massive year with $2.2 billion in sales – but it’s still running at a loss

- July 31, 2020 3 MIN READ

Atlassian Corporation saw revenue in the June quarter jump by 29% on 12 months ago, while total revenue for FY2020 hit US$1.6 billion (A$2.2 bn), up 33% from 2019. The US-listed (Nasdaq: TEAM) Australian software giant posted total revenue was US$430.5 million for the fourth quarter of fiscal year 2020 alongside an operating loss of… Read more »

News & Analysis

Andrew ‘Twiggy’ Forrest’s made two more tech investments

- July 29, 2020 < 1 MIN READ

Western Australian mining billionaire Andrew “Twiggy” Forrest has made two more startup investments through his private family investment fund Tattarang. Earlier this month, Forrest took an undisclosed majority stake in fintech Azupay, the first company on the New Payments Platform. Over the last fortnight Tattarang has backed GLX Digital, a WA startup that developed the… Read more »

News & Analysis

Startup Daily TV: RentBetter is helping landlords save money and disrupting property rental

- July 28, 2020 < 1 MIN READ

Rentbetter is an online real estate startup leading the disruption of the residential rental market providing a simple solution for landlords and tenants, from finding a tenant to managing them. The startup launched in 2016 and has since established itself as the market leader with a strong customer base. Jeremy Goldschmidt is RentBetter‘s founder and… Read more »

News & Analysis

STARTUP DAILY TV: Amazon Launchpad’s $80,000 innovation grants are now open

- July 27, 2020 < 1 MIN READ

Applications for the Amazon Launchpad Innovation Grants fare now open with five grant packages up for grabs. Each package is worth more than $80,000 and includes a $20,000 cash grant, Amazon marketing support, AWS Activate credits, and exclusive access to mentors such as Amazon leadership and entrepreneur experts from Australia and HQ in Seattle; time… Read more »

News & Analysis

The ACCC is taking on Google, accusing the tech giant of misleading consumers about combining their personal data

- July 27, 2020 3 MIN READ

Google has been accused of misleading consumers over the use of their data from using the internet, with consumer watchdog the Australian Competition and Consumer Commission (ACCC) launching legal action against the tech giant. The ACCC alleges Google failed to properly inform consumers, and did not gain their explicit informed consent, about its move in… Read more »