Tag Archives: business

ARA says ‘it’s time to get moving’ to ensure economic growth

The Australian Retailers Association (ARA) says a push by business leaders for more spending on infrastructure, alongside sweeping reform of taxation and regulatory arrangements, is “critical” if Australia’s GDP growth and prosperity are to continue. “27 years of continuous economic growth doesn’t just happen – you have to work at …

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SafetyCulture completes $60 million Series C funding round

Leading Australian workplace solutions tech firm SafetyCulture has recently closed its largest funding raise to the tune of $60 million in 2018, turning the company into a $440 million business. The company that facilitates more than a million safety and quality inspections a month says its recent Series C funding …

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Study finds that Australian businesses aren’t doing enough when it comes to innovation

Following the inaugural Business Readiness Index on Information Security, Canon Australia has today announced a second module focused on innovation. Conducted by GfK Australia, the report is based on surveys with more than 530 local business leaders, with a focus on attitudes and actions aimed at staying ahead of the …

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NQR sold as a going concern

Victorian discount-supermarket chain NQR has been sold as a going concern and will continue to operate. Bruno Secatore and Luke Targett of turnaround, restructuring and insolvency advisory firm Cor Cordis were appointed as administrators of the Australian-owned NQR Grocery Clearance Stores on January 24. “Following a process of making improvements …

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Darrell Lea business sold for $200 million

Quadrant Private Equity this week confirmed it had bought the confectionery business from the Quinn family, and said it had plans to expand the brand’s reach in Australia and overseas. Best known for its liquorice and Rocklea Road products, the iconic Darrell Lea brand has been around for more than …

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Food and Beverage Exporters Forum

The Food and Beverage Exporters Forum is set to take place at the International Convention Centre in Sydney on Tuesday September 12. The Forum is an opportunity for the industry to engage with export managers from a diverse market background. Information and topics covered will include how they select markets …

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Payment problems cause business survival concerns

More than half of Australian businesses struggling with payment innovation have severe concerns about near-term survival, according to research released by American Express. The research found 59 per cent of companies yet to widely modernise payment practices were at significant risk of failing in the next three years, while another …

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ACCC issues payment surcharge warning for small businesses

As of September 1 this year, the ACCC will impose a ban on excessive payment surcharges for small businesses in Australia. Large businesses were hit with the ban last year. However, the new law for small businesses will limit the amount they can charge customers for use of various payment …

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Australian SMEs have say in policy making

A Small Business Association of Australia (SBAA) summit this week aimed to provide a framework for a fairer, level playing field for Australian SMEs, with those attending given the opportunity for input in the blueprint for policy-making for SMEs. The summit (May 30-31) at the Southern Cross University’s Gold Coast …

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