Australia needs labour. Job vacancies in the country are 95% higher today than in Feb 2020. There were over 444k vacant roles as of August 2022, cementing Australia’s alarming labour shortage—second to that of Canada—and the need to address it asap. The labour shortage has left many companies in limbo, with about 40% of SMEs
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The Buy Now Pay Later boom that took off at the pandemic’s beginning is finally fading away. And Aussie finance companies, like BNPL provider Openpay (ASX: OPY), are the worse for it. Melbourne-based FinTech company Openpay has surrendered control of its assets, operations and trading activities to partners of insolvency specialists McGrathNicol: Barry Kogan, Jonathan
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With its large geography, Australia is the world’s eighth largest country in the world for natural resources which is why the country’s primary sharemarket – the ASX – is home to hundreds of speculative exploration and mining companies What is the difference between a mining company and an exploration company? A mining company is a
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Centuries ago, if you failed to pay your debt, you’d have to offer yourself up as collateral, or, in the case of multiple creditors, you would be chopped up in proportion to their shares. Now, you can either negotiate your way out or risk losing your company. Chinese e-learning and tech company Retech (ASX: RTE)
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Child safety tech company Spacetalk Ltd (ASX: SPA) saw shares more than double in early trading on Thursday, and at the time of writing, has continued to surge higher. The rally followed news that the Company had appointed the former NearMap (ASX: NEA) CEO, Simon Crowther, who will take the helm as Managing Director and
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We don’t want to keep bringing up what happened last year to Optus, Medibank, or Telstra, but the cyber threat in Australia is real. According to IBM Global managing director Charles Henderson, Australia and the rest of Asia are being increasingly targeted for cyberattacks, and the average cost of each cyber breach in Australia, reached
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