Business News

Shopping centre retailers engaged on responding to threats

The National Retail Association (NRA) has successfully engaged 200 shopping centres via the Safe Retail Precincts initiative on how to respond to threats such as terrorism or armed attack The program aimed to engage and inform retailers about how to prepare for serious events that threaten the safety of staff, …

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Quantium launches AI-driven FMCG insights platform

Australian data science and artificial intelligence (AI) business, Quantium has launched a new AI-driven FMCG insights platform. This will be initially offered to Quantium’s high value customers prior to broader roll out later in 2020. Helping businesses By conducting proactive analysis to determine trends in supermarket shopping data, the platform …

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Mid-year budget contains ‘welcomed gifts’ for small businesses

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has welcomed the mid-year budget update. According to the Ombudsman, the update contains some “welcomed gifts” for small businesses. “It’s encouraging to see the federal government has allocated funds to establish the national payment times reporting framework,” Ms Carnell said. …

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New legislation will combat illegal phoenixing

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell welcomes the new legislation to implement Director Identification Numbers (DIN) and modernise business registers. If passed, the legislation will require Australian company directors to have a unique identification number. Ms Carnell says the legislation will help combat illegal phoenixing, a …

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Ombudsman welcomes advent of Business Growth Fund

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has welcomed new legislation introduced today by the federal government to establish the Australian Business Growth Fund. “The Australian Business Growth Fund was a recommendation in our ‘Affordable Capital for SME Growth‘ report, which identified the need to address a …

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ARA teams up with Google

The Australian Retailers Association (ARA) and Google have announced a new strategic collaboration this week. Russell Zimmerman, Executive Director of ARA, says a more direct relationship between the ARA and Google will allow the ARA to better support retailers to use digital tools and platforms which support their growth ambitions. …

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Poor asset tracking costs businesses millions

A Telstra study has revealed that Australian businesses are losing $4.3 billion a year worth of assets as a result of poor asset tracking, which can be reduced with better physical asset management. “That’s like losing 21,000 buses, 850,000 shipping containers, or 2.8 million laptops,” pointed out Telstra Global IoT …

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