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 »
The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a new record low of 0.25% – the lowest level governor Philip Lowe has previously stated the central bank will go. The RBA held an emergency board meeting today in response to the economic crisis brought on… Read more »
As the world steps into the jaws of another recession, it may be helpful to recall the top three lessons I learned, having been a Venture Capital investor through the last two economic crises to engulf the tech sector in 2001 and 2008. #1: The world doesn’t end, but be prepared to weather the… Read more »
It’s tech Tuesday. We hope you’re COVID-19 free. Here’s what’s happening. 1. He has a point, but… On the weekend, Elon Musk offered his thoughts on COVID-19. The coronavirus panic is dumb — Elon Musk (@elonmusk) March 6, 2020 The Tesla boss has a point. Re-staging the highlights from Choc Mundine’s boxing career in the… Read more »
US-Australian cybersecurity startup hacks $4.75 million Seed round 
ASX-listed accelerator Scalare Partners buys VC marketplace Inhouse Ventures for $1.73 million 
Private equity firm Quadrant takes a $50-100 million slice of startup veteran LegalVision 
Planes, pains & automobiles: Mike Cannon-Brookes defends owning a private jet & backing F1 racing 
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