Business lessons from averting an air disaster

THE SAME techniques that a highly trained – and determined – Qantas team used to avert what could have become one of the world’s worst aviation disasters, can be used to save your business life.

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GM kills Holden ... but offers a Chevy silver lining?

GENERAL MOTORS (GM) has retired what it referred to as ‘the Holden brand’ from sales in Australia and New Zealand. But will the promise of new Chevrolet Corvettes, Camaros and Silverados help pacify distraught car enthusiasts?

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Earth Day calls for urgent action to save world’s amphibians

A NEW STUDY is highlighting global shortfalls in amphibian conservation, accentuated by the climate action theme of Earth Day 2020, which celebrates its 50^th year on April 22.

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Post COVID-19 recovery long and difficult for SA

DOUBLE DIGIT unemployment for the next few years, a plunge in Gross State Product and slow recovery are the headline findings of a new Flinders University analysis of the impact of the COVID-19 pandemic on South Australia.

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Featured Article

June 05, 2020

Business Ombudsman calls for major changes to SME tax regime compliance

THE Australian Small Business and Family Enterprise Ombudsman Kate Carnell has called for major changes to Australia’s taxation framework, saying small businesses were "unnecessarily overburdened by compliance requirements".

The Ombudsman has made a series of recommendations in relation to taxation as part of her COVID-19 Recovery Plan.

These include…

Business News Releases

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25/06/2020
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Issue #95

See what's in issue 95

LEADERS 2019–2020

Special Edition

AUSTRALIA’S MOST DYNAMIC
BUSINESS LEADERS

How innovation is built in for
sustainable growth.

Why astute access to capital
makes the difference.

Leading through knowledge,
networks, collaboration.

Find out more

Latest Business News

03 Jun, 2020

HomeBuilder scheme a 'massive relief' to tradies - Master Builders

Regional Economic Development

MASTER BUILDERS Australia has come out strongly behind the Federal Government’s new HomeBuilder scheme, saying it "will be a massive relief to the thousands of home builders and tradies around the country".

“HomeBuilder will be a lifeline for an industry facing a valley of death in the coming months. It will mean more new…
03 Jun, 2020

Financial Services Council develops plan to invigorate Australia's economic recovery

In Brief

THE Financial Services Council (FSC) has developed a report - Accelerating Australia’s Economic Recovery - which offers new policy ideas as well as solutions to older, intractable problems, to assist economic growth, and also help people manage their own financial challenges during the current economic downturn.

FSC CEO Sally…
03 Jun, 2020

Bitcoin markets see increased SMSF activity

Finance & Investment

By Leon Gettler >>

BTC MARKETS, the largest, most liquid Australian bitcoin exchange with 260,000 Australian customers trading more than $8 billion, has a growing market, particularly with self-managed super funds.

Its primary market is in Bitcoin, along with XRP and Etherium, and Litecoin. XRP technology, combined with BTC…
01 Jun, 2020

Finder economic survey: two-thirds predict end of stamp duty by 2021

Finance & Investment

THE MAJORITY of experts consulted in the latest Finder RBA Cash Rate Survey agree that stamp duty could soon be on its way out as the government grapples with the post-COVID economy.

Comparison site Finder’s survey – the largest of its kind in Australia – asked 43 experts and economists about future cash rate moves and other…

Innovative Australian Companies

Aussie biotechThe iQ Group Global and Harvard University create real-time printable COVID-19 diagnostic test

29 May, 2020

AUSTRALIAN biotechnology enterprise The iQ Group Global has announced a collaboration with America's Harvard University to develop a printable…

Sydney-based Video Translator AI smartens up multi-language video

08 Feb, 2020

By Leon Gettler >>

VIDEO these days is the best way to reach a big market. But what happens when there are many markets, with many different language…

Monarc Global system gives lift to air charter industry

31 Jan, 2020

MONARC GLOBAL’s innovative application of its hi-tech booking system, to the aviation charter industry, may be the re-set this challenging travel…

Companies on the Move

May 23, 2020

That’s the pandemic spirit: ‘We’ll make sanitiser’

BRISBANE DISTILLERY Company has not only performed a highly useful community service in turning its manufacturing capabilities over to producing hand…

Investec backs Australia’s Longtail UX in global expansion

Driving seafood security in China with Two Hands

How companies get their growth intelligence right

UK insurance firm provides tech to help prevent issues

Gathering Events team finds Brisbane 'village' caters for developing businesses

Raw by Bek becomes the Australian fitness regime ‘to beat’

People on the Move

April 03, 2020

Nutanix appoints Lee Thompson as new Aust-NZ MD

ENTERPRISE cloud computing group Nutanix has appointed Lee Thompson as managing director of Nutanix for Australia and New Zealand.

Based in Sydney,…

Resources sector IWD award winner paves way for working parents

Cooper joins Advanced Manufacturing Growth Centre board

Recruitment entrepreneur Steve Scanlan takes stake in Technology People

AusMumpreneur Awards now sponsored by St George bank

Tributes abound for "heroic" Tim Fischer

Farewell to resources champion, Michael Roche

Prancing Horse and Dancing CEOs combine to help Women’s Legal Service

Innovation

May 29, 2020

Aussie biotechThe iQ Group Global and Harvard University create real-time printable COVID-19 diagnostic test

AUSTRALIAN biotechnology enterprise The iQ Group Global has announced a collaboration with America's Harvard University to develop a printable…

Delosa urges business leaders to ‘take decisive action’ now

Helping innovative women to get venture capital on board

Sydney-based Video Translator AI smartens up multi-language video

Bringing Australian bio-medical innovations to market: iQ Group Global

Australian invention Bluechiip safely monitors medical samples in stasis

Jamila Gordon’s Lumachain gets CSIRO and Microsoft backing to 'enlighten' global food supply chains

Hydra Light power – just add water

Trade

May 08, 2020

Qld resource exports holding up despite COVID-19

INTERNATIONAL TRADE in Queensland’s resources has stayed consistent with an 80 percent contribution to the total value…

Stronger domestic cattle market to counter pandemic-affected trade says Rabobank

Australian sugar well placed despite global disruption - Rabobank report

Brexit: What’s next for Britain and Australia?

Asia-Pacific

May 18, 2020

Hilton resumes operations in China

HILTON has announced the reopening of all of its hotels in China, announcing it would be "welcoming guests once again…

Innova City and PlatON use blockchain to create smart city

In the 'people business' - Pope Francis preaches gospel of peace and unity in Thailand

Australian companies take note as Thailand legalises medical marijuana

Digital Business

March 26, 2020

Forbes-Vertiv data centre survey finds 71% of customers not…

JUST 29 percent of data centre user decision-makers say their current facilities are meeting their needs, and just 6…

The post-coronavirus future: live streaming from QODE Brisbane conference

Leaders should deep dive into their own business data sets

Pixevety helps families and schools manage photo privacy challenges

Editorial

February 16, 2019

Australia needs leadership now, not rulership

BUSINESS ACUMEN’s special report on leadership, in edition 93, could not be more timely. Or more poignant. Or better…

Banks: here’s how to mean business instead of being mean to business

'Administrating' the administrators

How the ‘too big to fail’ have failed Australian SMEs

Management

May 09, 2020

COVID-19 induced remote work strategies will pay off long term

By Leon Gettler >>

THE REMOTE work force could become a permanent feature, according to Moe Vela, the chief transparency officer of…

Small Business Ombudsman releases new mental health resource for sole traders

Use Eccountability to pivot past coronavirus tumult

Managing responsibilities to employees during COVID-19 disruptions

Why you must always have a Plan B

Workplaces are on the frontline in emerging Australian mental health crisis

You want progress? Improve your process …

Opinion

March 27, 2020

How long will the recession last? IFM economist measures it up

By Leon Gettler >>

IFM Investors chief economist Alex Joiner has no idea how long the forthcoming recession will…

Central banks cannot save us from coronavirus warns Rabobank economist

Risk of coronavirus-driven short recession, investors urged to take action by deVere Group

Real digital innovation is about ‘customer centricity’

Grow our productive industries then productivity will look after itself.

We have to smarten more than MARTIN

And after the election ... what then?

COSBOA says small business voters could make big difference

Business Travel & Events

May 12, 2020

Australian tourism industry clings to financial lifeboats

THE AUSTRALIAN Tourism Export Council (ATEC) is doing what it can to help the travel and tourism industry focus on staying the course of the COVID-19…

Figures reveal heights from which tourism has fallen

The elephant outside the room: staying in Anantara resort’s Jungle Bubbles

Business events give Brisbane a $351 million boost

Holiday at Home campaign to kickstart tourism recovery

Gov't 'recovery funds' welcomed by tourism industry

Brisbane appoints BrandStory as South East Asian representative

In Brief

June 03, 2020

Financial Services Council develops plan to invigorate Australia's economic recovery

THE Financial Services Council (FSC) has developed a report - Accelerating Australia’s Economic Recovery - which offers…

JobKeeper to help small businesses survive coronavirus…

Business hibernation 'only option to save struggling small…

Ombudsman says COVID-19 support should extend to all small…

Research & Books

January 08, 2020

Australia’s ageing population: Pressure that’s only set to rise…

By Dan Hadley >>

AUSTRALIA’s population is ageing. Older Australians are a growing proportion of the total…

From sand-papering cricketers to sandbagging bankers: why…

CEPAR research shows taking a mortgage triggers…

IPA Deakin Small Business: Big Vision conference highlights…

News Feature

April 24, 2020

Newsagency and lottery businesses seek extension on JobKeeper April top-up payments

THE Australian Lottery and Newsagents Association (ALNA) is calling for an extension for vulnerable small businesses to…

Employers can now prepare for JobKeeper payments rollout - ATO

Re-think, re-group and keep your business breathing

JobKeeper gets Parliament green light but some red alerts for employers, say Chartered Accountants

Regional Economic Development

June 03, 2020

HomeBuilder scheme a 'massive relief' to tradies - Master Builders

MASTER BUILDERS Australia has come out strongly behind the Federal Government’s new HomeBuilder scheme, saying it "will…

Building industry calls for a $13 billion stimulus action plan

Empty nesters cannot downsize, so younger families locked out of property market

SA's COVID-19 legacy – new report details impact and maps long road to recovery

Manufacturing Acumen

April 14, 2020

UniSA industry workshops help Defence sector innovation fight COVID-19 impacts

YEARS OF HARD WORK have gone into developing the networks and connections, the expertise and investments and the global partnerships to make South…

Hellyers Road whisky welcomes back 'an old friend'

Shadow Minister Brendan O’Connor addresses workforce capability and availability at National Manufacturing Summit

World-first printed solar panels completed at Newcastle Uni

Manufacturers step on the gas for energy relief

Victorian company first to develop nanotubes

Taipan helicopters maintained in Melbourne

Aviation Acumen

April 23, 2020

Could Virgin Australia's collapse trigger a better post-coronavirus scenario for national aviation?

THE FATE of Virgin Australia may be in the hands of administrators, but strong interest from major investors such as Wesfarmers and the Macquarie Group has created a sense the current situation may be the start of a…

Monarc Global system gives lift to air charter industry

Best in the flying business: Aviation Week’s Laureate Award winners named

Scoot lifts customer experiences with Dell Boomi-fuelled data analytics

Original record breaking Gypsy Moth touches down at Archerfield Airport, 88 years on

New Joint Strike Fighter maintenance facility in Queensland

Western Sydney Airport tallies a year in business

Automotive Acumen

May 06, 2020

Volvo's new Polestar 2 uses Veoneer 'brains' for safety

AUTOMOTIVE technology company Veoneer, Inc. has launched its state-of-the-art suite of collision mitigation technology on Volvo's new fully electric Polestar 2, which is due in Australia later this…

Lloyds says old Holdens are becoming new favourites

GM kills Holden ... but is there a Chevy silver lining for Aussie car enthusiasts?

Walkinshaw Andretti United join fundraising race in Lloyds Bushfire Appeal Auction

Rolls-Royce opens first Brisbane showroom with rare beasts

Automotive industry disruptors Dealer Trade and CarRecord platforms up for sale

Parkable disrupts cityscapes – in a good way

Debt Recovery & Management

November 27, 2019

DG Institute warns on dangers of new credit file databases

THE new credit reporting laws will considerably affect the one in six Australians currently deep in debt, or anyone who has ever borrowed money in…

Welcome to Debt Recovery and Management as informed by Bailiff-Sheriff Australia

What Bailiff-Sheriff Australia can do for your business

Legal

May 27, 2020

Ombudsman: Small Business Award the simple solution to a complex problem

THE Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell has welcomed Prime Minister Scott Morrison’s commitment to 'go…

Parliamentary inquiry into litigation funding in Australia

Top legal minds urge Australian 'Magnitsky-style' laws

Legal update: Who are ‘essential travellers’ during COVID-19 border restrictions?

Acumen Archives

January 27, 2015

Less pain and effort now it’s Ezy-As

For many, the arduous task of donning compression stockings can be frustrating. This is especially true if the wearer is living independently,…

Ludowici revolutionary technology cleans coal, minerals

CatchLog: Unique Queensland company hooks global fishing…

Permaclean revolutionises cooling tower technology

Business Incubator: ACS Labs

May 12, 2020

Defence Forces hackathon #Shockproof manoeuvres with ACS guidance

AUSTRALIA's professional association for the technology sector, ACS, has joined as the execution partner for the Australia and New Zealand Defence…

ACS extends six months free membership to help Australia’s…

Technology association ACS to overhaul governance, form as…

ACS opens tech innovation hub in Melbourne

Queensland Leaders

January 25, 2020

SpareBizSpace engineers a new kind of ‘space-age’

SPAREBIZSPACE is an organisation solving dual problems faced in an ever-increasingly mobile and transient world: how to find the right business space at the right price, and how to make money out of…

Advisory Board Centre builds a foundation for better business growth

Nautech doubles down on innovation

Orcoda cleverly organises connected data

TransitCare innovates community transport

TechnologyOne lifts enterprises globally through ‘the cloud’

WorkingMouse makes business click

NSW Leaders

August 14, 2019

Ceramisphere technology goes global

By Mike Sullivan >>

CAN CERAMIC micro-encapsulation technology – a new materials process originally developed by the Australian Nuclear Science and Technology Organisation – change the world for the…

Adora Handmade Chocolates taste sweet expansion

Ocular Robotics envisions the future

Hargraves Institute backs Public Sector Innovation awards.

Copyright Agency assists Isentia

Women on Boards offer impactful advice

NSW Leaders developing new pathways for business success

Victorian Leaders

September 26, 2019

From HR Gurus to Millennial who-do

FOR SOMEONE like Emily Jaksch, who helps businesses to evolve, it makes perfect sense for her own business interests to continually evolve. While she…

NCS Group brings to account true strategic financial advisory services

Australian-developed VaultID brings financial inclusion to the world's 'Unbanked'

UGT International: it's all in the family

Dreamcity is Australia’s first ‘edutainment’ theme park

Australian eHat to transform field work

Few businesses prepare properly for transition says Star Business Solutions

South Australian Leaders

September 25, 2019

Clarke Energy changes the power game

CLARKE ENERGY is building a reputation for being one of the most agile and innovative power generation suppliers in the country as Australia transitions to multi-source power generation.

The…