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Nov 22, 2023 | 
smartcompany.com.au | KPI Checklists |Tegan Jones
Over the past three years Tractor Ventures has set itself apart in the local startup ecosystem. Nestled somewhere between VC and banks, it offers businesses an alternate path to funding thanks to its own proprietary (SaaS) model for assessing applicants’ financials. That now includes the ability to approve loans within 24 hours. Australia’s alternative finance companyTractor describes itself as an alternative finance company for tech-enabled businesses.
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Nov 22, 2023 | 
smartcompany.com.au | KPI Checklists |David Adams
Fresh commentary from Reserve Bank of Australia (RBA) governor Michelle Bullock has one barbershop founder “in shock” after she suggested lower spending at hairdressers and salons could help the fight against inflation. Speaking at a meeting of business economists in Sydney, Bullock last night said domestic challenges have largely overtaken international supply chain disruptions as a driving force behind inflation.
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Nov 22, 2023 | 
smartcompany.com.au | KPI Checklists |Bernard Keane
The government has taken the first steps toward repairing Australia’s broken competition laws, releasing a consultation paper for changes to the Competition and Consumer Act, including changes proposed by the Australian Competition and Consumer Commission (ACCC) in relation to the operation of its assessment of mergers.
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Nov 22, 2023 | 
smartcompany.com.au | KPI Checklists |Olivia Cleal
The Fair Work Commission (FWC) has handed down a landmark decision that could impact remote work arrangements in Australia. Last Thursday, Charles Gregory, a man from Adelaide, had his request to work from home permanently denied. His company, Maxxia, a company that arranges tax-efficient salary packaging services for employees in businesses across the country, imposed guidelines that staff must work 40% of the time in the office.
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Nov 22, 2023 | 
smartcompany.com.au | KPI Checklists |Ben Ice
Startups don’t get much newer than Inneurva, the medtech that blends software and hardware to help users manage chronic back pain. Clara Zhao and Dr Tass Paritt founded the venture earlier this year, each being exposed to chronic back pain in one way or another. For Zhao, it was through a friend who suffered an injury and back pain as a result. He went to physiotherapists but found he had to go back continually, and that the treatment wasn’t solving the purpose of the problem.
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Nov 21, 2023 | 
smartcompany.com.au | KPI Checklists |Eloise Keating
South Australian entrepreneurs Kayla Itsines and Tobi Pearce will once again lead the Sweat fitness empire they founded, after buying back the company they sold to US firm iFIT for hundreds of millions of dollars in 2021. Itsines, who has been the face of the brand since she and Pearce founded the company in 2015, said on Tuesday the decision to take back control is about “ensuring the best future for Sweat”. The price of the acquisition has not been disclosed.
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Nov 21, 2023 | 
smartcompany.com.au | KPI Checklists |Simon Crerar
The biggest shopping day of the year for half a century in the USA, Black Friday has become a global phenomenon over the last decade. But consumer trends are also shifting, creating an annual conundrum for brands whose core focus is ethical, conscious fashion. Since 2018, Sydney-based fashion label Citizen Wolf has sought to challenge and change the narrative around Black Friday by asking bargain-crazy shoppers to ignore the endless sales and participate in its ‘Black Fri-dye’ instead.
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Nov 21, 2023 | 
smartcompany.com.au | KPI Checklists |David Adams
Activewear label MoveActive is having a good month. The grippy sock innovator just won the Smart50 Retail award, recognising the company’s cult status among pilates enthusiasts at home and abroad. Now, the brand is recording a record-breaking Black Friday sale season, with volumes nearly 200% higher than in 2022. One secret to building MoveActice’s direct-to-consumer success: running fewer sales, and working to make the big ones count.
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Nov 21, 2023 | 
smartcompany.com.au | KPI Checklists |David Adams
The time has come to take your bricks-and-mortar business online or establish a new e-commerce business entirely. Where do you start? It’s a question every founder will ask and one that e-commerce expert Iain Calvert tries to answer. After assisting the e-commerce efforts of brands like Billabong, Quiksilver, and Vogue, Calvert now operates the Boom E-commerce Training site and is a certified Shopify partner.
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Nov 21, 2023 | 
smartcompany.com.au | KPI Checklists |David Adams
The Black Friday and Cyber Monday retail carnival is fast approaching. For shoppers and retailers alike, this year’s rendition is shaping up to be extremely important: as cost of living pressures clamp down on discretionary income, Australians appear more likely than ever to focus their spending on heavily discounted events like Black Friday. Here are some of the numbers you need to make sense of Black Friday and Cyber Monday this year, for physical retailers and e-commerce leaders alike.
