SmartCompany https://www.smartcompany.com.au/ Business news, business advice and information for Australian SMEs, startups and entrepreneurs Wed, 22 Jul 2026 05:25:04 +0000 en-AU hourly 1 https://wordpress.org/?v=6.8.6 https://assets.smartcompany.com.au/wp-content/uploads/sites/4/2022/01/cropped-android-chrome-512x512-1.png?quality=70&w=32 SmartCompany https://www.smartcompany.com.au/ 32 32 202088525 Small businesses aren’t banks: Why Australia’s 60-day payment cycle needs a reset https://www.smartcompany.com.au/opinion/small-businesses-arent-banks-australia-60-day-payment-cycle-reset/ https://www.smartcompany.com.au/opinion/small-businesses-arent-banks-australia-60-day-payment-cycle-reset/#respond Wed, 22 Jul 2026 05:24:53 +0000 https://www.smartcompany.com.au/?p=341607 ASIC data reveals insolvencies among Australian businesses have surged, with small businesses bearing the brunt of rising cashflow pressures.

The post Small businesses aren’t banks: Why Australia’s 60-day payment cycle needs a reset appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/opinion/small-businesses-arent-banks-australia-60-day-payment-cycle-reset/feed/ 0 341607
QLD offers $16,000 cash bonus for businesses to hire apprentices https://www.smartcompany.com.au/construction-engineering/qld-offers-16000-cash-bonus-businesses-to-hire-apprentices/ https://www.smartcompany.com.au/construction-engineering/qld-offers-16000-cash-bonus-businesses-to-hire-apprentices/#respond Wed, 22 Jul 2026 04:32:44 +0000 https://www.smartcompany.com.au/?p=341603 The Queensland government says it is "delivering the help businesses need to get more hands on the tools".

The post QLD offers $16,000 cash bonus for businesses to hire apprentices appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/construction-engineering/qld-offers-16000-cash-bonus-businesses-to-hire-apprentices/feed/ 0 341603
Why the viral Two Franks cafe closure has other businesses speaking out https://www.smartcompany.com.au/hospitality/two-franks-cafe-closure-announcement-cost-of-business/ https://www.smartcompany.com.au/hospitality/two-franks-cafe-closure-announcement-cost-of-business/#respond Wed, 22 Jul 2026 02:08:03 +0000 https://www.smartcompany.com.au/?p=341581 The closure of beloved Melbourne cafe Two Franks has inspired messages from fellow hospitality operators anxious about the future.

The post Why the viral Two Franks cafe closure has other businesses speaking out appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/hospitality/two-franks-cafe-closure-announcement-cost-of-business/feed/ 0 341581
Jack Dorsey takes on Slack and GitHub with new AI workplace platform Buzz https://www.smartcompany.com.au/technology/jack-dorsey-buzz-ai-slack-github-rival/ https://www.smartcompany.com.au/technology/jack-dorsey-buzz-ai-slack-github-rival/#respond Wed, 22 Jul 2026 00:52:54 +0000 https://www.smartcompany.com.au/?p=341562 Jack Dorsey has launched Buzz, an open-source workplace platform designed for teams of humans and AI agents, taking aim at Slack and GitHub.

The post Jack Dorsey takes on Slack and GitHub with new AI workplace platform Buzz appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/technology/jack-dorsey-buzz-ai-slack-github-rival/feed/ 0 341562
Selling your business starts long before it goes on the market https://www.smartcompany.com.au/business-advice/selling-your-business-australia-advice/ https://www.smartcompany.com.au/business-advice/selling-your-business-australia-advice/#respond Tue, 21 Jul 2026 06:08:27 +0000 https://www.smartcompany.com.au/?p=341494 Private equity firms are no longer the only buyers in the market. As more investors look to acquire Australian businesses, founders need to understand what makes a business truly sale-ready.

The post Selling your business starts long before it goes on the market appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/business-advice/selling-your-business-australia-advice/feed/ 0 341494
Revolut becomes Australia’s newest bank after securing deposit licence https://www.smartcompany.com.au/finance/revolut-becomes-australias-newest-bank-securing-deposit-licence/ https://www.smartcompany.com.au/finance/revolut-becomes-australias-newest-bank-securing-deposit-licence/#respond Tue, 21 Jul 2026 05:50:56 +0000 https://www.smartcompany.com.au/?p=341536 Revolut has moved quickly, launching business accounts with variable interest rates up to 4.25% and integrations with its existing features.

The post Revolut becomes Australia’s newest bank after securing deposit licence appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/finance/revolut-becomes-australias-newest-bank-securing-deposit-licence/feed/ 0 341536
Books Kinokuniya heads to Melbourne as retailers double down on in-store experiences https://www.smartcompany.com.au/retail/books-kinokuniya-melbourne-central-store-location/ https://www.smartcompany.com.au/retail/books-kinokuniya-melbourne-central-store-location/#respond Tue, 21 Jul 2026 03:48:02 +0000 https://www.smartcompany.com.au/?p=341510 Books Kinokuniya is bringing its cult-favourite bookstore to Melbourne for the first time, with experts saying the move highlights the growing importance of experience-led retail.

The post Books Kinokuniya heads to Melbourne as retailers double down on in-store experiences appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/retail/books-kinokuniya-melbourne-central-store-location/feed/ 0 341510
Oz Hair & Beauty snaps up Beauty Works to grow service-led retail strategy https://www.smartcompany.com.au/retail/oz-hair-beauty-snaps-up-beauty-works-grow-service-led-retail-strategy/ https://www.smartcompany.com.au/retail/oz-hair-beauty-snaps-up-beauty-works-grow-service-led-retail-strategy/#respond Tue, 21 Jul 2026 01:11:20 +0000 https://www.smartcompany.com.au/?p=341489 Oz Hair & Beauty has acquired Melbourne retailer Beauty Works in a deal that expands its national footprint and deepens its push into service-led retail.

The post Oz Hair & Beauty snaps up Beauty Works to grow service-led retail strategy appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/retail/oz-hair-beauty-snaps-up-beauty-works-grow-service-led-retail-strategy/feed/ 0 341489
Former Smart50 winner Cover Genius valued over $2 billion after new deal https://www.smartcompany.com.au/startupsmart/covergenius-valuation-2-billion-smart50-funding-deal/ https://www.smartcompany.com.au/startupsmart/covergenius-valuation-2-billion-smart50-funding-deal/#respond Tue, 21 Jul 2026 00:49:29 +0000 https://www.smartcompany.com.au/?p=341456 Insurance technology platform and former Smart50 winner Cover Genius has secured a new $143 million funding deal, tipping it into double-unicorn status.

The post Former Smart50 winner Cover Genius valued over $2 billion after new deal appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/startupsmart/covergenius-valuation-2-billion-smart50-funding-deal/feed/ 0 341456
‘The start, not the finish line’: Harris Farm Markets joins growing list of B Corp certified businesses https://www.smartcompany.com.au/retail/harris-farm-markets-joins-growing-list-b-corp-certified-businesses/ https://www.smartcompany.com.au/retail/harris-farm-markets-joins-growing-list-b-corp-certified-businesses/#respond Mon, 20 Jul 2026 23:30:39 +0000 https://www.smartcompany.com.au/?p=341459 Harris Farm Markets has become a certified B Corp after a year-long process, saying the accreditation reflects its longstanding commitment to sustainability, transparency and supporting suppliers.

The post ‘The start, not the finish line’: Harris Farm Markets joins growing list of B Corp certified businesses appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/retail/harris-farm-markets-joins-growing-list-b-corp-certified-businesses/feed/ 0 341459