The case for Endgame C: stop almost everything, restart when coronavirus is gone

The case for Endgame C: stop almost everything, restart when coronavirus is gone

  Nobody likes talking about the COVID-19 endgame, but we need to choose one. The appropriate interventions - public health, government spending, and freedom of movement - all depend on the endgame we choose. The differences between endgames amount to tens of thousands of avoidable deaths, hundreds of thousands of avoidable hospi...

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Why coordinated communications are critical in a crisis

Why coordinated communications are critical in a crisis

If the past few days have taught us anything, it's that things change quickly in a crisis. The Australian Grand Prix, Royal Easter Show and Super Rugby have all been cancelled. Outdoor gatherings of more than 500 people are banned along with non-essential indoor gatherings of 100 or more, 14-day self-isolation is imposed on all intern...

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The best entrepreneurial decision I ever made

The best entrepreneurial decision I ever made

The entrepreneurial journey can be a lonely road. In my own experience, I found that at times the entrepreneurial drive and commitment could be all encompassing. It's quite easy to get caught up in your own head or, worse yet, limited by your own (tunnel) vision.  As an ambitious business owner, I knew that I wanted to te...

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Fear spreads easily. That's what gives the Wuhan coronavirus economic impact

Fear spreads easily. That's what gives the Wuhan coronavirus economic impact

One way to count the cost of the Wuhan coronavirus is by how many people catch it, and then how many die. Another is the direct financial costs of public health measures to treat those infected and contain its spread. Yet another is the wider economic cost. But how to calculate this? Some suggest a neglible impact on the global econom...

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Economies are like unruly teenagers: How tech is using behavioural analysis to help businesses

Economies are like unruly teenagers: How tech is using behavioural analysis to help businesses

Predicting which way an economy is going to swing isn't easy. However, there are times when forecasting the winds of change are a lot tougher than others. 2019 was another stark reminder to world leaders, banks and analysts that the nuances of economics are, at best, unpredictable. In its review of the global economy in 2019, the ...

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With costs approaching $100 billion, the fires are Australia's costliest natural disaster

With costs approaching $100 billion, the fires are Australia's costliest natural disaster

It's hard to estimate the eventual economic cost of Australia's 2019-20 megafires, partly because they are still underway, and partly because it is hard to know the cost to attribute to deaths and the decimation of species and habitats, but it is easy to get an idea of its significance - the cost will be unprecedented. The deadlie...

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WeWork and the future of coworking spaces

WeWork and the future of coworking spaces

What does the future hold for coworking spaces in light of all the latest WeWork drama? Read on to find out. The rollercoaster saga of WeWork has cast its brightest spotlight on startup culture and the billions of dollars of venture capital being pumped into companies to ramp up their revenue and secure a sky-high valuation. In the mi...

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From printers to fish tanks: how cybercriminals are finding backdoors to hack into our businesses

From printers to fish tanks: how cybercriminals are finding backdoors to hack into our businesses

'Brute-force cyber attacks' powered by artificial intelligence are hacking into businesses at a rate of more than 200 million times a minute via the unlikeliest of office devices. In the wake of the Landmark White data breach case and a host of other similar hacks, it's becoming more obvious than ever that hackers are constant...

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What is your purpose? Gain trust through clear company values

What is your purpose? Gain trust through clear company values

Culture, values, purpose - pick up any marketing text written in the last decade and you'll likely be bombarded with one if not all of these terms. Don't get me wrong, they're great words. I mean, everyone likes a bit of positive psychology, right? But these four words are far more than a 2009-2019 buzzword-kit designed to mak...

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How the 'Transformation Economy' will reshape Australian retail

How the 'Transformation Economy' will reshape Australian retail

For the world of retail this decade has been all about the dichotomy of online versus physical; clicks versus bricks. It is a distinction that has confounded the dinosaurs of traditional Australian retail, leading to the demise of many purely physical retailers, and egging on the rise of online warehouse type platforms like Amazon or Aust...

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What will be the legacy of the Hayne Royal Commission?

What will be the legacy of the Hayne Royal Commission?

The Hayne Royal Commission into the banking and financial services industry uncovered plenty of ugliness about Australia's leading financial institutions. The institutions themselves are still dealing with the fallout of the Royal Commission; class actions, board spills, and "restructure" plans are abound this year. What...

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Why an All Ords Index of 7,000 is a Real Possibility

Why an All Ords Index of 7,000 is a Real Possibility

What a rollercoaster ride the Australian share market has been on over the past 12 months! With the All Ords peaking in August 2018 following a positive month on both Wall Street and the ASX, investors were suddenly spooked by the political turmoil in Canberra, and the All Ords lost $30 billion in one week to 23rd August. Poor sessions on...

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Are businesses taking the threat of cybercrime seriously?

Are businesses taking the threat of cybercrime seriously?

The news that Australian National University suffered from a massive hack, seeing 19 years of data stolen made headlines earlier this week. According to the ABC names, addresses, dates of birth, phone numbers, personal email addresses and emergency contact details, tax file numbers, payroll information, bank account details, and passport ...

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Space tourism has potential Australia cannot ignore, experts say

Space tourism has potential Australia cannot ignore, experts say

Heading to the moon for your summer holiday might sound far-fetched, but Australian researchers and entrepreneurs want to make it happen. Our space industry here in Australia has a bright future. The Federal Government's newly created Space Agency is due to launch in Adelaide any moment now, and entrepreneurs from around the country a...

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LandMark White's data breach just the beginning for cyber criminals

LandMark White's data breach just the beginning for cyber criminals

Though the dust is yet to settle and the full effects of the data breach suffered by LandMark White are yet to be revealed, it's safe to say one tiny error has led to a world of pain for the listed property valuer. Whether it was the 10 days that LMW's data was sitting on the dark web free for anyone opportunistic enough to grab, ...

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Six questions our banks need to answer to regain trust

Six questions our banks need to answer to regain trust

After today's Banking Royal Commission's final report it may seem as if it is impossible for banks to regain trust. But it is possible, as I know from working with prominent British and European banks after the global financial crisis, taking part in policy meetings at the UK parliament about how to restore trust, and researching ...

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Will talking to AI voice assistants re-engineer our human conversations?

Will talking to AI voice assistants re-engineer our human conversations?

Photo courtesy of Andy Kelly/Unsplash When you're lost, Siri can be your best friend. But if she can't retrieve the right address from your contacts, she can drive you crazy. And so it is with the legion of virtual personal assistants that are entering our lives. From Amazon's Alexa to Google's Home, peop...

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Have franchisors killed franchising?

Have franchisors killed franchising?

Unethical franchisors have led the franchising industry to the point it may no longer be a viable business model. The newly formed Australian Association of Franchisees (AAF), are calling for this conduct to stop and for new legal foundations to underpin the industry for the sake of the ethical franchisors and all franchisees. The Parliam...

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Fake ads continue to run rife on Facebook, despite ACCC intervention

Fake ads continue to run rife on Facebook, despite ACCC intervention

Despite the Australian Competition and Consumer Commission (ACCC) warning Facebook about a number of recurring and dangerous ads on its site, the social media giant appears to have taken no action. Over the weekend, Business News Australia once again spotted scam ads which featured Shark Tank personalities and were spruiking fake business...

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Why your business needs to capitalise on Australia's fastest growing food movement

Why your business needs to capitalise on Australia's fastest growing food movement

It's the food movement that goes by many names. Whether you call it plant-based or cruelty-free, the vegan movement is more than just a quick trend; it's certainly here to stay. In the last year, over nine million Americans went vegan and Australia became the fastest growing vegan market in the world. But still, many food and ...

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