Financing a business
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RBA keeps official interest rate unchanged at 3%
4:31PM | Tuesday, 2 April 2013 | Patrick Stafford
The Reserve Bank decided to keep the official interest rate on hold at 3% today, it announced this afternoon, in line with economists' expectations.
Financing a businessTax Office hunts for 5600 cheats in cross-border raid
4:28AM | Tuesday, 2 April 2013 | Chris Seage
The Tax Office is searching for some 5600 Australians who may have hidden money overseas. And a new cross-border investigative initiative will make it easier to find them.
| Financing a business | TaxThree VC firms to oversee government’s $200 million start-up fund
3:13PM | Wednesday, 27 March 2013 | Oliver Milman
The federal government has picked three venture capital funds to co-invest at least $200 million into high-growth Australian start-ups via its Innovation Investment Fund.
| Financing a business | Cashflow | Sole trader | Business Grants | Government and RegulationBrisbane specialty grocer charges customers $5 "just for looking"
3:38PM | Wednesday, 27 March 2013 | Yolanda Redrup
A Brisbane speciality grocery store is charging browsers $5 if they do not buy anything from the store, after people have been browsing in the store and then going elsewhere to buy their products.
| Financing a business | Cashflow | Sole trader | RetailMelbourne start-up plots $7.5m funding and IPO – months before it launches
3:02PM | Tuesday, 26 March 2013 | Michelle Hammond
A green technology start-up that turns old tyres into saleable commodities is hoping to raise $7.5 million in funding for its first commercial plant in NSW, ahead of a planned $10 million public flotation in 2014.
| Financing a business | Venture CapitalStart-ups call for penalty charges to be waived on late tax payments
3:23PM | Tuesday, 26 March 2013 | Michelle Hammond
More than half of Australian businesses believe penalty interest charges on late tax payments should be waived for start-ups, according to a new study which also shows widespread entrepreneurial ire with the government.
| Legal matters | Financing a business | Tax | Leadership | Sole trader | Government and RegulationShould I squeeze a little extra capital out of my investor?
3:00AM | Tuesday, 26 March 2013 | Steve Torso
To answer this question properly, you need to first put yourself in the shoes of your investor.
| Financing a business | Venture Capital | Mentor | Steve TorsoOpmantek’s Mexican adventure helps it to $700k fund raise
3:27PM | Monday, 25 March 2013 | Michelle Hammond
Queensland-based IT start-up Opmantek has raised more than $700,000 via the Australian Small Scale Offerings Board, one year after partnering with a Mexican telco giant.
| Growth | Financing a business | Venture CapitalBorrowing intentions rebound but micro firms still under the pump: Report
3:17PM | Monday, 25 March 2013 | Michelle Hammond
Business borrowing intentions have risen to the highest level since the global financial crisis, although one in four micro enterprises are still under significant “stress”, according to a new study.
| Planning | Financing a business | Sole traderRubbery figure? Bill Gates offers $1 million to create “next generation” condom
3:52PM | Monday, 25 March 2013 | Michelle Hammond
Bill Gates has set entrepreneurs an unusual but potentially lucrative challenge: create a “next generation” condom in return for US$1 million in funding.
| Financing a business | Venture CapitalUniversity of Sydney start-ups set to Incubate with $1 million funding
3:00AM | Friday, 22 March 2013 | Michelle Hammond
Student start-ups accepted into the University of Sydney’s Incubate program have raised more than $1 million in funding, as well as struck up a partnership with BlackBerry.
| Financing a business | Venture CapitalBeach Burrito wolfs down $3 million for nationwide expansion
3:04PM | Thursday, 21 March 2013 | Michelle Hammond
It seems there’s still room in the market for more Mexican food venues, with NSW-based chain Beach Burrito planning to grow its network to 30 stores after receiving more than $3 million from Blue Sky Private Equity.
| Growth | Growth Strategy | Financing a business | Venture CapitalASIC launches new electronic payments code for online businesses
3:02PM | Thursday, 21 March 2013 | Patrick StaffordASIC has released a new version of the electronic payments code, with the old version failing to take into account the myriad of ways consumers now pay for products on different devices.
| Financing a business | Cashflow | Government and RegulationPollenizer seeks to raise $5 million for Aussie and Asian start-ups
3:32PM | Wednesday, 20 March 2013 | Michelle HammondOnline venture builder Pollenizer has launched an Information Memorandum in a bid to raise $5 million from investors, as it seeks to fund more start-ups in Australia and south-east Asia.
| Financing a business | Venture CapitalNSW start-up TiimFocus warns Facebook co-founder: We’re coming for you
3:23PM | Wednesday, 20 March 2013 | Michelle HammondA tech start-up based in Wollongong is taking aim at task management venture Asana, which was created by Facebook co-founder Dustin Moskovitz, after raising $800,000 from angel investors.
| Growth | Growth Strategy | Financing a business | Venture CapitalDesign start-up Canva raises $3 million after kitesurfing in Hawaii
3:15AM | Wednesday, 20 March 2013 | Michelle Hammond
Sydney-based start-up Canva has raised $3 million from a host of high-profile investors, including Bill Tai and Lars Rasmussen, after attending Tai’s kitesurfing camp in Hawaii.
| Growth | Growth Strategy | Financing a business | Venture CapitalJust one in three start-ups use employee share options – three top tips you should know
3:35PM | Tuesday, 19 March 2013 | Michelle HammondA new survey has revealed only 37% of local tech companies have issued share options in the last three years, with tax reasons cited as the main consideration for their reluctance.
| Legal matters | Financing a business | Tax | LeadershipLaunch a start-up like a rock band at SXSW
3:21PM | Tuesday, 19 March 2013 | Rebekah Campbell
While visiting the SXSW festival in Austin, Texas, it became apparent that rock music and start-ups have more in common than you might think. Here are six sonic tips to boost your business.
| Financing a business | Venture Capital | Technology | Mentor | Rebekah CampbellMeet the Perth start-up that’s raised $2.5m after being kicked off Kickstarter
3:08PM | Tuesday, 19 March 2013 | Michelle Hammond
Perth-based start-up Virtual Gaming Worlds has secured $2.5 million in funding after being “unceremoniously” booted off US-based crowdfunding platform Kickstarter.
| Growth | Growth Strategy | Financing a business | Venture Capital | Sole traderStart-up Australia: The movement that’s looking to revamp a nation
3:57PM | Tuesday, 19 March 2013 | Mick Liubinskas
Australia’s tech start-up community has set itself a radical goal – to create 20% of national GDP by 2033. Here’s its plan to put innovation and fresh thinking at the forefront of the Australian economy.
| Financing a business | Venture Capital | Technology