News Pulse for August 29, 2016

A daily download of SME, startup, fintech and tax news from around Australia.

Abbott tells Turnbull to ‘show some fight’

TONY AbbottThe Hon. Tony Abbott MP Federal Member for Warringah Prime Minister from 18.9.13 to 15.9.15 has called on Malcolm TurnbullThe Hon. Malcolm Turnbull MP, Federal Member for Wentworth Prime Minister from 15.9.15 to quarantine national security from spending cuts while warning against the political suicide of moving closer to Labor on other key issues.

In a provocative economic address this morning, the former Prime Minister also called on his colleagues to not give up on economic or budget reform in the face of a hostile Parliament.

Small business urges Scott Morrison to focus on jobs to fix the budget, not debate over “taxed and taxed-nots”

Federal Treasurer Scott MorrisonThe Hon. Scott Morrison, Federal Member for Cook Treasurer from 21.9.15 took on the “taxed-nots” yesterday when he conceded that Australia has a revenue problem, but leaders in the small business community say that jobs creation is the only way to fix the budget and broader economic outlook.

In an address to an audience at Bloomberg in Sydney, Treasurer Morrison claimed the new divide in Australia was between the “taxed and the taxed-nots” and that “more Australians today are likely to go through their entire lives without ever paying tax than for generations”.

Parliament to focus on budget, economy

Malcolm TurnbullThe Hon. Malcolm Turnbull MP, Federal Member for Wentworth Prime Minister from 15.9.15 is aiming to return the political spotlight to jobs, growth and repairing the budget as the 45th parliament begins.

Liberal and National MPs and senators will meet in Canberra on Monday, as will the Labor caucus, to discuss strategy and endorse legislative priorities.

Mark Woodland on Xplor, the edutech start-up that evolved out of his $22m childcare service

Melbourne-based edutech start-up Xplor recently raised $6 million in Series A funding. It’s a big win for founder and CEO Mark Woodland, who sees it as validation of his vision and business model. Having previously transformed his family-owned childcare centre into $22 million business, he’s determined to disrupt the early learning sector, here and abroad, by bringing education into the 21 st century.

Launched in August 2015, Xplor is an app-based childcare management platform that enables parents to experience their child’s early learning journey in real-time through a live feed of photos, videos and activities. By automating roll-call and attendance as well as rosters, reporting, payroll, invoices, payments and HR, the platform also reduces the admin burden on educators, freeing them up to focus on teaching.

The biggest risk and challenges facing businesses this year

Executive leaders believe that digital disruption is among the top risks facing Australian organisations, according to a recent Canon survey (see infographic below). Respondents also believe that IT departments responding to changing client needs, industry disruption and overseas competition are serious risks facing Australian business.

The US plans to crank up the war for startup talent, and it may spell trouble for Australia

The US government is considering a major change to its immigration regime which would allow startup entrepreneurs from all over the world to live in America for up to five years to try and build their business.

With the Coalition government in Australia trying to stimulate activity in the startup and technology sectors, and pushing the importance of business innovation to help drive future economic growth, the rule changes have the potential to attract ambitious entrepreneurs to give the US a further edge in the war for talent.

Regions to have say in advancing innovation funding

Minister for Innovation, Science and the Digital Economy and Minister for Small Business

The Honourable Leeanne Enoch

Friday, August 26, 2016

Regions to have say in advancing innovation funding The Startup community in Queensland has been invited to have a say in the development of a new PalaszczukThe Hon. Annastacia Palaszczuk (pr. Pal-a-shay), Premier of Queensland and Minister for the Arts from 16.2.2015 Government program for regional innovation.

NetSuite deal empowers cloud ERP provider JCurve to look beyond small business market

Cloud-based ERP provider JCurve Solutions has gained a firmer foothold in the local market after reaching an agreement with Netsuite that enables it to grow its customer base beyond the small business category.

Previously, JCurve Solutions held the exclusive rights to distribute the small business edition of NetSuite’s cloud ERP technology in Australia and New Zealand. While this edition could only be sold to businesses with fewer than 20 staff, the expanded partner agreement with Netsuite means JCurve Solution’s reseller rights are extended to include businesses of all sizes in the region.

Brisbane startup Travello secures $1.26 million to take things to the next level

Brisbane startup Travello has secured $1.26 million in funding as it looks to take its social network for travellers to the next level.

Travello, previously called Outbound, offers a platform for travellers to meet and connect with others when abroad and is now used in more than 200 countries.

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