News

November 2013

Airtasker raises a further $2 million: Co-founder on the trend towards hyper-local tech offerings

11:13PM | Tuesday, 26 November 2013 | By Rose Powell Airtasker, an online marketplace for outsourcing short-term jobs, has closed a $2 million funding round with Exto Partners, BridgeLane Capital and a range of private equity investors.

AVCAL calls for urgent action on start-up investment tax issues

11:00PM | Tuesday, 26 November 2013 | By Rose Powell Start-up investment tax issues were at the top of the agenda for Australian Private Equity & Venture Capital Association Limited (AVCAL) chief executive Yasser El-Ansary when he met with the office of the federal assistant treasurer this week.

How Yogurtland grew to 400 employees in 11 months

11:23PM | Tuesday, 26 November 2013 | By Melinda Oliver When Paul Siderovski took a holiday with his family to Hawaii and was convinced by his wife to taste some double-Dutch flavoured frozen yoghurt, he did not expect it to inspire a business venture.

Brush with death sets Leola Foon on course for business she loves

11:11PM | Tuesday, 26 November 2013 | By Gavin Lower After suffering a life-threatening brain aneurysm three years ago, Leola Foon understands the importance of a healthy lifestyle and doing something you love.

THE NEWS WRAP: Italian construction firm attacks infrastructure “duopoly”

11:33AM | Tuesday, 26 November 2013 | By Andrew Sadauskas Italian construction firm Salini has attacked the dominance of Leighton Holdings and Lend Lease on major infrastructure projects in a submission to an Abbott government inquiry on barriers to major projects.

Three steps to turn an idea into a start-up

11:58PM | Monday, 25 November 2013 | By Rose Powell For every start-up launched, there are hundreds, possibly thousands, of start-up ideas. The way to find the courage to turn a good idea into a business, and how to actually do so is good planning, according to Athena Prib, co-founder and commercial director of business consulting group Gemaker.

Calling education technology entrepreneurs: Pitch your ideas to investors in December

11:54PM | Monday, 25 November 2013 | By Rose Powell Optus-Innov8 Seed has partnered with a Sydney education technology start-up community to host a pitching competition on December 11.

Outsourcing boom: Cloudstaff raises $500,000 from investors

11:26PM | Monday, 25 November 2013 | By Rose Powell Cloudstaff, an Australian outsourcing start-up based in Manila, has raised $500,000 from three local investors Robert Whyte, Trevor Kennedy and serial entrepreneur, Bevan Slattery.

How Hub Australia plans to make its low-margin co-working business model work

11:20PM | Monday, 25 November 2013 | By Rose Powell Hub Australia has grown three-fold this year, from five team members with one venue to 15 team members at three venues, and is looking to expand further by hiring a general manager and experimenting with business models.

THE NEWS WRAP: Recovery two years away, Aussie dollar set to remain strong

11:32AM | Monday, 25 November 2013 | By Andrew Sadauskas The Aussie dollar is likely to remain above 90 US cents for the foreseeable future, a leading economist has warned. Plus warnings the Indonesia spy row is putting trade at risk and Murray Goulburn calls for a merger with Bega as the cheese wars intensify.
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