News

Coffee Club franchisee scoops FCA award

10:34PM | Thursday, 13 October 2011 | By Michelle Hammond The Coffee Club franchisee Carolyn McManus has revealed her secrets to success for multi-unit franchising, after being named Multi-unit Franchisee of the Year by the peak industry body.

Innovative tech company Blueseed docks off shore to take advantage of visa-free territory

10:34PM | Thursday, 13 October 2011 | By Michelle Hammond An unusual tech incubator in the United States plans to help entrepreneurs do business in Silicon Valley by offering space on a vessel in international waters.

Apple-Samsung patent war prompts IP warning

10:34PM | Thursday, 13 October 2011 | By Michelle Hammond Apple has won a Federal Court battle to stop Korean rival Samsung from selling its Galaxy Tab 10.1 in Australia, prompting a warning for start-ups to ensure their IP protection is ironclad.

SA drug company wins $100k Enterprize competition

10:34PM | Thursday, 13 October 2011 | By Michelle Hammond South Australian drug company Calpain Therapeutics is $100,000 richer after winning Enterprize, a University of Queensland competition held every year for start-ups.

DealsDirect buys corporate shopping and reward site Shoppers Advantage in its biggest ever acquisition

10:34PM | Thursday, 13 October 2011 | By Patrick Stafford Online department store DealsDirect has upped the ante on its string of acquisitions, purchasing the corporate shopping group Shoppers Advantage in a deal that will add around $25 million in revenue per year and a member database of over three million.

Top Sydney chef Tony Bilson to shut restaurants after payroll tax bill forces him into administration

10:34PM | Thursday, 13 October 2011 | By Angela Priestley It wasn't that regulars found other, more suitable venues for their power lunches, but rather an unexpected tax bill that brought Tony Bilson's ultimate creation, Bilson's Restaurant, to its knees.

THE NEWS WRAP: Gaming industry prepares for pokies battle

10:34PM | Thursday, 13 October 2011 | By Oliver Milman The gaming industry in NSW and Queensland has amassed a $40 million war chest to fight Labor’s proposed poker machine reforms.

Unemployment fall could be short-lived: Westpac

10:34PM | Thursday, 13 October 2011 | By Michelle Hammond The unemployment rate fell to 5.2% in September, despite predictions it would remain steady at 5.3%, casting doubt over the possibility of an interest rate cut next month.

Enspire cleans up at Business3000 awards

10:34PM | Thursday, 13 October 2011 | By Michelle Hammond IT solutions provider Enspire was named business of the year at today’s Business3000 awards, also taking out an innovation award, while Illumination and Gerwurzhaus were also honoured.

Seed fund Startmate to return with expanded program

10:34PM | Thursday, 13 October 2011 | By Oliver Milman Startmate, the mentor-driven seed fund, has opened up applications for its second funding round, expanding the program to seven start-up businesses.