News Pulse for June 14, 2017

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

A ‘fragmented’ approach to collaboration has created workplace inefficiencies, says Dropbox

File sharing and collaboration platform Dropbox will deploy a proxy server as a Point-of-Presence (POP) in Sydney within two months to accommodate user growth across the ANZ region, according to Daniel Iversen, the company’s head of solutions architecture (APAC).

“Dropbox has experienced extraordinary growth in the region over the last 12 months,” Iversen told Dynamic Business. “44% of the ASX 200 have a Dropbox Business account, up from 34% last year, and 99% of ASX200 companies have a Dropbox footprint of some kind.

‘A hardworking culture is ingrained in our DNA’

AUSTRALIAN workers have clocked up 111 million days of unused annual leave over the past 12 months, according to research from accounting software firm Xero.

More than half (52 per cent) failed to use all of their entitled annual leave, and 45 per cent admitted to not using any annual leave at all in 2017, according to the Travel Habits report, which analyses travel trends of small business owners and workers.

The report found that while small business owners had the highest percentage of unused leave, they were taking shorter, more frequent breaks, with 64 per cent having gone on a holiday in the past six months, and 37 per cent in the past three months.

Research: small biz still don’t understand the $20k tax break

New research has revealed that 78% of Australia’s small business owners (SBOs) don’t fully understand the $20K tax break, with 67% of them not making the most of the opportunity in the lead up to June 30.

The national survey, conducted by Officeworks and H&R Block, found that there is still confusion amongst SBO’s, with a quarter admitting they are unsure what is covered in the $20K tax break and only one in ten correctly identifying items that can be claimed as an instant write-off.

SMEs need to prioritise their wellbeing

Business advisers, accountants, and digital software programs can help small business owners remove operational complexities and alleviate some time pressures, according to Suncorp.

Suncorp’s latest small and medium sized enterprise (SME) report found that SME owners were blurring the lines between their personal and business finances, which was impacting their wellbeing.

America demands Perth start-up

Perth-based tech outfit Demand Film is pushing into North America, landing a deal that will see its platform available on 20,000 cinema screens across the continent.

The start-up, led by managing director David Doepel, is described as the ‘Airbnb of cinema’, letting consumers book a film screening on low yield nights and selling tickets to their friends and family.

Collaborate with start-ups or risk being disrupted, Slingshot CEO warns corporates

Industries are at danger of disruption when the status quo is not just complexity, regulation, a lack of transparency and waste but also an absence of collaboration, according to Karen Lawson, CEO of corporate accelerator Slingshot. She spoke to Dynamic Business about how collaborating with start-ups will help a corporate to survive ‘the wave of disruption’.

Lawson explained that Slingshot has accelerators in a range of emerging industries, including member-tech, food-tech, travel-tech, fin-tech, health-tech, HR-tech. In addition, she said start-ups that have participated in Slingshot are ‘unlocking growth’ in e-sports (Gamurs), collaborative consumption (Camplify), food & retail distribution (Drive Yello), IoT in aged care (Curo), entertainment & audience reach (Audience Republic) and other spaces.

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