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Yearly Archives: 2020

Venture capital firms bank on a sustained shift to the cloud

“If you look at SafetyCulture, Culture Amp, and Canva is probably the best example of it, they are all built on the cloud,” he said. “A lot of these companies are seeing (the shift to the cloud) accelerate as a result of the coronavirus pandemic.” Meanwhile, Airtree Ventures partner James …

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Minister to review $10bn green energy bank’s bias probe

RateSetter – a non-bank lender with imminent plans for an initial public offering in Australia – counts “green energy” loans to households for solar panels and storage batteries as the fastest-growing part of its business. Loading Industry concerns surrounding the CEFC’s links with RateSetter surfaced earlier this year when the …

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The economy can’t fully recover until the virus is gone

What thinking I’ve managed to do about our setback in getting on top of the virus makes me unconvinced that the policy of suppression – or “aggressive suppression” as Scott Morrison prefers to call it – rather than elimination explains the relapse. Nor that switching from suppression to elimination would …

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Banks back revamped loan scheme to spark investment

Loading “It is clear from the challenges that we are currently facing in the Victoria that the recovery will not be as smooth or quick as first thought which is why it is essential we come up with creative solutions that offer small businesses, in particular, different ways to play …

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Seven West newspaper spin-off in the spotlight

The asset sales are part of an attempt to reduce a net debt pile of $541.5 million. Jobs have been axed, television shows have been revamped and as far as Seven insiders are aware – mergers, sales and acquisitions are still on the table. Months ago, when Seven’s share price …

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TV revenue cut by a third despite more people watching

Revenue decline during the period was exacerbated by social-distancing restrictions hitting the travel and automotive industries. Both sectors traditionally spend significant sums on advertising. Loading The temporary suspension of the AFL and NRL competitions- which typically generate large amounts of advertising dollars – also contributed to the revenue pinch and …

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‘Fundamental failure’: Environment Department not protecting koala habitat

However, it is project developers who are legally responsible for referring themselves to the federal government if developments may impact a threatened species. Loading The low volume of approvals with no federal oversight show habitat clearing was consistently approved by state governments and the federal department has not proactively investigated …

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Resource wars: Communities take a stand against new quarries

Loading The community has been given a glimmer of hope, with the state government indicating it will consider options to save the site. Victoria has a growing need for resources such as rock and sand used to build infrastructure projects, and minerals that can be exported for sale. But plans …

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‘Like a five-star hotel’: Homeless find stability in a place of their own

Last month, Mr De Olizeara moved into his own self-contained flat in Footscray after social housing non-profit Unison transformed a dilapidated apartment block into 54 new affordable and modern units. The development, partially funded by the state government, was designed with a focus on residents’ wellbeing, safety and quality of …

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Now is not the time for parochial interstate rivalries

The skirmish between states such as Queensland and Western Australia over the location of this year’s AFL grand final has been unseemly and unbecoming. True, it might need to be played somewhere other than in Victoria, but other states feasting on our current misfortunes is churlish. And it is a …

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