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Month: October 2023

Surprise Surge:  Australian retail turnover rise  by 0.9% in September 2023

​ Australian retail sales for September have surpassed expectations, offering a brighter perspective on the nation’s economic resilience and its capacity to withstand potential interest rate hikes. Data from the Australian Bureau of Statistics, released on Monday, reveals a substantial 0.9% surge in sales compared to the previous month, significantly exceeding the anticipated 0.3% increase. […]

India aims for $30 trillion economy by 2047

​ Key highlights: India’s “India@2047 Vision Document” outlines a roadmap to achieve a $30 trillion economy by 2047, with a per capita GDP of $17,590. The document consolidates ten sectoral visions from multiple ministries, setting the stage for key sector domination, technological leadership, and essential reforms. NITI Aayog actively consults with influential figures and accounts […]

Tech Tuesday: Seven biometric authentication solutions for SMEs

​ Biometric authentication tools are gaining popularity as they bolster security across diverse business environments, including small and medium-sized enterprises (SMEs). In this week of Tech Tuesday, we discuss seven biometric authentication solutions tailored for SMEs, each accompanied by pertinent details: greenID by GBG GBG’s greenID leverages AI-powered facial verification and an innovative liveness detection […]

Banksia unveils workplace hub for DFV survivors

​ Australian not-for-profit organization Banksia Academy, has launched a “Workplace Hub” aimed at providing support to women and non-binary survivors of domestic and family violence (DFV) within the workplace.  The Hub offers a range of resources, including training, education, employment pathways, mentoring, and peer support, with the goal of helping survivors thrive at work and […]

Sailing through the commercial property market challenges

​ CreditorWatch has released a comprehensive report titled ‘Navigating the stormy seas of the commercial property market,’ providing invaluable guidance to commercial landlords and investors to tackle market challenges and mitigate tenant insolvency risks. This in-depth analysis delves into the complexities of the Australian commercial property market, examining risks across major asset classes like office, […]

 Funding highlights: October 19 to October 26 

​ Here’s a recap of recent funding developments from Australia, India, the US and beyond. LifeBid secures $1.45 million through crowdfunding LifeBid has triumphantly concluded a $1.45 million equity crowdfunding initiative in collaboration with Stride Equity, Australia’s inaugural venture-backed equity crowdfunding platform. The funds raised exceeded the initial target of $1 million, encompassing $820,000 from […]