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Aussie company DigitalMaas rockets into the rankings as one of the fastest-growing technology companies in the Asia Pacific region

Jennifer Havilah/Sydney/December 13, 2019December 13, 2019

Australian digital marketing company DigitalMaas has rocketed onto the Deloitte Technology Fast 500TM Asia Pacific rankings for 2019 after reporting a growth of 235 per cent over three years. “We are thrilled to announce that we are now the top-rated digital marketing company on the...

Charitable merger hopes to reap new rewards

December 12, 2019December 12, 2019

A newly announced merger between Good2Give and ShareGift Australia has the potential to release millions of previously under-utilised share capital to charities. Good2Give’s ability to deliver its industry-leading, corporate giving technology will enhance ShareGift’s future capacity and produce economies of scale. Like the GoFundraise joint...

E-scooter start-up looking for fast route into Sydney

December 12, 2019December 12, 2019

Singapore e-scooter start-up Neuron Mobility has put the brake on an immediate entry into the Sydney market despite setting up agencies in Auckland, Darwin and Brisbane. The company says its Sydney arrival will certainly happen but immediate plans are on hold until the State Government...

Drones soaring as they become society’s best weapon against disasters

Ray Chesterton/Sydney/December 12, 2019December 12, 2019

Drones have changed the world with their versatility and are now Australia’s favourite mechanical friend as they fight bushfires, rescue stranded surfers, deliver vital medications and monitor shark sightings. From their mundane initial use for fast food deliveries, drones have grown in size and stature...

Nothing adding up as Australian uni students fail basic sums

December 12, 2019December 12, 2019

Nothing is adding up for Australian mathematics students. First year university students are so poorly educated in mathematics that university professors are dropping it from tertiary courses. A sticking point for many students is where to put the decimal point. A report presented to the...

Tracking bushfire news tops Google’s information sites

December 12, 2019December 12, 2019

Information about the devastating fires along the east coast of Australia, especially in NSW, was the most searched for item by Google in 2019. The “fires near me” page topped Google’s search statistics for 2019 as people rushed to track the raging flames threatening urban...

How Tech Royalty and Aspiring Founders share their experiences to grow

Jennifer Havilah/Sydney/December 5, 2019December 5, 2019

New Economy Media discovers that the Morgo getaway for super-successful tech entrepreneurs and aspiring tech founders is a learning experience like none other. The daily event announcements within the innovation sector are nothing short of an assault on the senses. Conferences, talkfests, panels, pitch nights...

Buoyant non-bank Xynapse in talks with fund managers

December 3, 2019December 3, 2019

Non-bank lender Xynapse has started pitching to Australian fund managers for an initial public offering priced at 16.5-times forecast profit. Xynapse management has begun negotiations with fund funding representatives in Sydney and Melbourne, ahead of a planned bookbuild. Geoff Levy is chairman of Xynapse Ltd....

TechnologyOne’s 44pc revenue jump after switch

December 3, 2019December 3, 2019

A change is as good as a holiday – or at least a financial boost - when you’re technology enterprise resource planning software company TechnologyOne. TechnologyOne’s decision to change its operation to being a software servicing subscription model has seen its annual recurring revenue jump...

Siteminder looking for $100m boost

December 3, 2019December 3, 2019

Hotel booking platform SiteMinder is said to be looking for $100 million plus in venture capital from new and current investors to facilitate its next wave of development. If successful the fund-raising would raise SiteMinder’s value as a tech sector business at more than $1...

Innovate or die. Former PM Malcolm Turnbull’s advice for Australia

Jennifer Havilah/Sydney/November 25, 2019November 25, 2019

Former Prime Minister Malcolm Turnbull has told Startcon conference that Australia can’t deny the crucial significance of the innovation sector, in the same way, we as we can’t deny climate change. “The political reality is - it’s like denying climate change, it’s denying reality,” said...

Pool-sharing app diving in the deep end in Australia

Ray Chesterton/Sydney/November 20, 2019November 20, 2019

The greatest opportunity to incorporate Australia’s passion for having fun in the water into a successful business has been lost – again. If ever a book about sharks should have been written by an Australian and not American Peter Benchley, it was Jaws. And now...

Canva and Hubspot design a way to do business together

Ray Chesterton/Sydney/November 20, 2019November 20, 2019

Australia’s massively successful on-line design platform Canva is expanding its international profile by linking with American marketing software company HubSpot. The move will make Canva’s designs easier to access and further bolster the company’s global image and reach. The union follows new economy’s story in...

Judo Bank gets arm lock on place in Fintech 100 list

Ray Chesterton/Sydney/November 19, 2019November 19, 2019

Australia’s established banking quartet, Commonwealth, ANZ, Westpac and National are under increasing pressure to either charge their way of doing business or be overtaken by the increasingly powerful new disruptive on-line banks headed by Judo Bank. The just released annual Fintech 100 list of companies...

Female founder funding opportunity announced by SheEO

Jennifer Havilah/Sydney/November 14, 2019November 18, 2019

SheEO the global women’s organisation that provides funding to female founders has called for Australia’s female entrepreneurs to apply for its 2020 Venture Funding program. Last year’s Venture Fund winner Lucinda Hartley, the founder of data success story Neighbourlytics. “If your business has over 50K...

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