Australian businesses are increasingly turning to a new proptech solution called eGuarantee, which has enabled them to free up over $40 million in working capital otherwise tied up in bank guarantees for commercial leases. eGuarantee provides lease bonds as a cost-effective alternative to traditional bank guarantees and is now issuing a lease bond almost every week. Shaun Sergay, CEO of e-Guarantee, highlights the frustration for Australian businesses in having to tie up capital in bank deposits to secure guarantees for landlords, especially in today’s challenging economic climate. Currently ..read more

InteraxAI is a cutting-edge business tool that allows you to seamlessly integrate AI into your website, blogs, or platform without the need to write any code. This no-code platform offers a variety of monetizable and embeddable AI widgets that can be customized to elevate your brand’s online presence. These widgets, such as AI chatbots and image generators, are designed to increase user engagement and interactivity. One of the key features of InteraxAI is its ability to extract relevant citations to provide accurate responses to your audience. The platform is designed to be user-friendly, allo ..read more

In an era where globalisation reshapes how businesses operate, offshoring has emerged as a linchpin strategy for companies eager to expand their operational footprint while optimising costs. The Philippines, a gem in Southeast Asia, shines brightly on the map of desirable offshoring destinations. The Philippines, with its unique geographical and cultural vantage points, offers an unparalleled opportunity for businesses looking to thrive in the global marketplace.  Nestled just two hours behind Australian AEST and boasting a vibrant pool of nearly one million new graduates each year, cultu ..read more

With enormous amounts of data being shared on a daily basis, companies are increasingly seeking robust analytical solutions to decipher complex datasets. AI has emerged as the cornerstone for businesses looking to make more informed data-driven decisions and create operational excellence among Australian companies. By harnessing the power of AI, businesses can now process and analyse vast volumes of data with unparalleled speed and accuracy. This capability allows businesses to gain deeper insights, track progress towards strategic objectives, and streamline operational processes. In 2023,&nbs ..read more

Australia’s inflation landscape in the first quarter of 2024 presents a nuanced picture, as indicated by recent data releases from the Australian Bureau of Statistics (ABS) and market expectations. The Consumer Price Index (CPI) for Q1 surged by 1.0%, a notable increase compared to the 0.6% rise observed in the previous quarter. Market forecasts had anticipated a growth of 0.8% during this period. Conversely, on an annual basis, Australia’s CPI inflation witnessed a decline to 3.6% in Q1 2024 from the preceding figure of 4.1%, surpassing the market consensus of 3.4%. CreditorWatch Chief Econom ..read more

BoolTool is an all-in-one suite of amazing tools designed for graphic designers and online shop owners. This powerful tool offers a wide range of features that allow users to create stunning visuals and captivating content with ease. One of the key features of BoolTool is its Image Tools, which includes tools such as Portrait Background Remover, Object Background Remover, Object Eraser, and Image Enhancer. These tools enable users to remove unwanted backgrounds, objects, and defects from images, as well as enhance image quality and apply filters and effects. BoolTool also offers Copywriting To ..read more

tldv is a powerful business tool designed to enhance the efficiency and effectiveness of meetings within organizations. With the ability to record, transcribe, summarize, and generate insights from meetings, tldv aims to provide valuable information that can be utilized by teams across the organization. The tool offers features such as video recording and transcripts in over 30 languages, high-quality video and audio processing, and industry-leading transcription accuracy. One of the key highlights of tldv is its AI capabilities, which allow for the automatic creation of meeting notes tailored ..read more

Financial services platform WorldFirst has introduced a new global sourcing payment solution, Cross-border Pay, in collaboration with 1688, a major e-marketplace under Alibaba Group.  This initiative aims to simplify global procurement for Australian businesses by granting them access to a wide range of competitively-priced quality products from over 10 million manufacturers in China. With the expansion of its digital e-commerce solutions in Australia, WorldFirst seeks to streamline global procurement processes for domestic businesses, aiding in safeguarding their bottom line and fosterin ..read more

When talking about AI regulations, it is important to remember businesses will find it critical to infrastructure modernisation and creating data driven value. Rhonda Robati Asia Pacific Executive Vice President for Crayon Business will be handed a major say on the future of artificial intelligence in Australia, with the government planning to revamp the expert group helping set the direction of regulation on the pivotal technology,” reported the Australian Financial Review. They added that “Two visions of regulation for high-risk AI are being considered behind the scenes, according to s ..read more

Australia is famed for the vibrancy of its retail sector. Retail businesses employ almost one and a half million Australians nationwide. They’re the fabric that holds highstreets and entire communities together, but they’re facing sizable threats from overseas competition in 2024. Whether it’s Amazon, Temu or Shein, global retail titans are growing rapidly in Australia.  Amazon generated more than AUD$6 billion in Australia last year alone, and continues to invest heavily in building state-of-the-art fulfilment centres, while both Temu and Shein exceed $1 billion in sales in the last 12 m ..read more