Covid-19

Commonly asked questions about what you can and can’t do in Melbourne and Victoria right now

- October 21, 2020 4 MIN READ

Victoria recorded one new case of COVID-19 on Monday, another fantastic result that suggests the coronavirus outbreak there is now being well controlled. Premier Daniel Andrews said on Tuesday the state was “well placed this weekend to be able to make very significant announcements about a further step to opening”. Yesterday there were 3 new… Read more »

News & Analysis

Former Hotelscombined.com boss Hichame Assi is replacing Collis Ta’eed as Envato CEO

- October 20, 2020 < 1 MIN READ

  Digital travel industry veteran Hichame Assi has been chosen to replace Envato founder Collis Ta’eed as CEO of the Melbourne-based tech marketplace.  The choice of the former HotelsCombined.com boss, who has a Masters in eCommerce from the University of London, follows a year-long global search. Ta’eed announced in August that he would step down… Read more »

Fintech

Afterpay shares crashed through the $100 barrier after announcing a savings account deal with Westpac

- October 20, 2020 2 MIN READ

Shares in Melbourne-based buy-now-pay-later fintech Afterpay are up more than 5% in the first hour of trade this morning to top $100 after the company announced it had signed a deal with Westpac to offer savings accounts and cash flow tools to its Australian customers. The partnership will allow Afterpay (ASX:APT) to provide Westpac (ASX:… Read more »

News & Analysis

Some of Byron Bay’s most famous brands are collaborating to create products to help tackle climate change

- October 20, 2020 < 1 MIN READ

The founders of three prominent Byron Bay brands from the NSW far north coast holiday town have launched a new environmental initiative to produce carbon neutral products that are also designed to generate investment income for climate positive projects.  ‘We, the many*’ has been founded by the Brook family—Pam, Martin and their sons Will and… Read more »

Funding

Fake meat venture V2food raises $77 million in series B from foreign investors for Asia expansion

- October 20, 2020 < 1 MIN READ

V2food, the fake meat joint venture between Hungry Jacks billionaire Jack Cowin and the CSIRO, has raised $77 million (US$55 million) in a series B round involving several Asian investors including Singapore’s state-owned Temasek Holdings as it looks to push into region with its plant-based burger mince. Investment companies ABC World Asia, Altitude Partners and… Read more »

Startup Daily on Ausbiz

Startup Daily TV: AI-based trading app Jaaims makes automatic trades for investors in a hurry

- October 19, 2020 2 MIN READ

Jaaims is Australia’s first fully automated trading app which does the hard work for investors when it comes to analysing stocks and making calculated trades. It connects to your broker account and uses an artificial intelligence (AI) trading algorithm analyse your chosen stocks and then automatically buy and sell. Jaaims works on on more than… Read more »

Global tech

Is releasing the new iPhone 12 without a charger really a smart waste-reduction move, or clever cash grab by Apple?

- October 19, 2020 4 MIN READ

Apple has released its new smartphone, the iPhone 12, without an accompanying charger or earbuds. Users have harshly criticised the company for this move and will have to purchase these accessories separately, if needed. While some see it as cost-cutting, or a way for Apple to profit further by forcing customers to buy the products… Read more »

News & Analysis

Victoria is easing lockdown restrictions – amid hopes to open up more ahead of November 1

- October 18, 2020 5 MIN READ

Melburnians will be able to roam up to 25km from their home from midnight tonight, with outdoor real estate auctions returning, as well as tennis courts, golf courses and skateparks reopening under a softening of Victoria’s lockdown restrictions announced by Premier Daniel Andrews on Sunday. The “third step” to reopen retail, hospitality, gyms, and personal… Read more »

Business strategy

Ignition Lane’s Weekly Wrap: Twilio’s tear on Segment acquisition, JigSpace hits the big Apple, Canva adds 10m users

- October 18, 2020 7 MIN READ

Welcome to Ignition Lane’s Weekly Wrap, where they cut through the noise to bring you their favourite insights from the technology and startup world. Ignition Lane works with ambitious business leaders to apply the Startup Mindset to their technology, product and commercialisation problems.  This wrap goes out free to subscribers every Saturday morning. Don’t forget that every Monday at… Read more »

Insights

Facebook boss Sheryl Sandberg’s advice for women to ‘lean in’ and be more confident doesn’t help – and the data shows it

- October 17, 2020 3 MIN READ

  “Just be more confident, be more ambitious, be more like a man.” These are the words of advice given over and over to women in a bid to close the career and earnings gaps between women and men. From self-help books to confidence coaching, the message to “lean in” and show confidence in the… Read more »

Funding

Scale ups now have access to new equity capital through the government’s $540 million Business Growth Fund

- October 16, 2020 2 MIN READ

The Morrison government and Big Four banks have committed $100 million each to the fund It will invest in around 30-50 high growth SMEs annually in return for a 10-40% equity stake The Business Growth Fund will have an independent management team selecting investments The fund will grow to $1 billion.  The nation’s biggest banks… Read more »

Insights

Troubling times lead to even bigger concerns about data privacy standards

- October 16, 2020 4 MIN READ

Whether it’s for personal or professional purposes, our reliance on technology has never been greater. From ordering groceries or joining a social media craze like TikTok, to running a business or simply safely visiting a restaurant, chances are you’ve become accustomed to uploading your personal information online over the past six months. While this reliance… Read more »