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New research reveals a significant and measurable gap between how ready real estate, legal and accounting businesses believe they are for the country’s new anti-money laundering (AML) obligations, and how ready they really are in practice.
The survey comes as tens of thousands of real estate agents, lawyers, accountants and other “gatekeeper” professionals come unde...
The proposed migration cuts could worsen Australia’s skills shortages and ultimately hold back economic growth, the Business Council of Australia (BCA) has warned.
The BCA has voiced its concerns after One Nation proposed to cut migration by more than 750,000 people, a plan that targets international students and family members of skilled migrants.
Accordi...
Sydney-based social enterprise Sydney Sock Project has grown into a $6 million annual business combining retail with charitable giving.
The brand, founded as a market stall in 2018 by engineering graduate Andres Herrero, began with a ‘one-for-one’ donation model addressing shortages of clean socks in Sydney homeless shelters.
It has since scaled its distr...
The Australian government is debating a new raft of reforms to social media algorithms that, if introduced, would allow users to have greater control over their own algorithms.
But the Council of Small Business Organisations Australia (Cosboa) warns that it shouldn’t come at the expense of small businesses.
“For many small businesses,
Small-business owners are often encouraged to say yes. Yes to another product, supplier, partnership, sales channel or customer request. When resources are limited, every opportunity can feel too valuable to refuse.
Over ten years of running an online retail business and building a range of 3,000 vegan and cruelty-free products, I have learned the opposite lesson. G...