George Robinson

Attention founders: find your next investor here 👀 We started a crowd-sourced list of ANZ investors for the startup ecosystem back in 2017. Today more than 600 VCs, angels, syndicates, venture debt providers, accelerators and grants have been listed to make navigating funding a little easier for founders. Check out the list via the link in comments, and add your details to the relevant table via the submission forms 👇 🌟 This resource is part of our series highlighting the top ten resources from Open Source VC to help founders shortcut company-building firsts.

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The latest quarterly Cut Through Venture Australian VC Funding Report has been released 💸 While total funding dropped significantly in Q3, 2024 is on track to finish as the third-largest funding year on record. Key insights: 📉 Total funding declined in this quarter to $695M raised but the total number of deals increased, predominantly due to accelerator round announcements. 🏥 Healthtech had the fifth most funds raised ($59M) and third most deals. 👎 Biotech/MedTech dropped out of the top five for most funds raised, after ranking 3rd in Q2 and 2nd in Q1. 🙌 Healthtech is the third highest sector investors are most excited about, up from 13th place in Q3 2023. ↘️ Biotech/MedTech, however, took a tumble from 10th place in Q2 to 16th this quarter. 🚺 Funding to startups with female founders has increased but predominantly in Angel/Pre-Seed. Check out the full report here: https://loom.ly/QbdUh2A

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A special report prepared by Xero Small Business Insights (XSBI) has uncovered notable disparities in small business labour productivity across key Australian industries and regions. #SmallBusinessLeaders #InsideSmallBusiness #business #smallbusinessowners #report #insights

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Managing AFSL compliance is simple with effective understanding and coordination between key players. Prevention is best solution. Your RM helps achieve compliance. Here's how it works seamlessly: 1. Clear role definitions for Responsible Managers, Accountants, Auditors, and Licensees, all are registered with ASIC. 2. Tailored compliance checklist, templates and reporting, aligned with AFSL & Corporation Act ensure consistency. 3. Regular training to stay updated with regulations. 4. Efficient communication channels among key persons. 5. Ongoing monitoring and auditing. By adhering to above, we maintain high standards and protect our clients. #AFSL #Compliance #Finance #Auditing #ResponsibleManager #Accountants #Licensees #eagle888

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The latest Xero report, Small business productivity: Industry and regional trends, outlines the decline of Aotearoa New Zealand’s small business productivity - driven largely by urban centres across the country. Read more >> https://lnkd.in/e4MZisnk Xero

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Having the right number of experienced finance professionals within the finance function department can often be a challenge for foreign owned Australian subsidiaries and private companies. Issues can be triggered in various instances - when a staff member leaves with minimal time notice and appropriate transition planning cannot be undertaken or when an organisation elects to internally promote a professional to a leadership role / transitions to another department. It can be useful for Australian companies, still in growth / development phase, to maintain some flexibility and adopt a hybrid method, specifically entailing (a) hiring finance professionals whilst also (b) contracting an external organisation for complex compliance requirements or sensitive operation requirements. An outsourcing model can work well when temporary holes arise and organisations needs speedy assistance. #Crowe #Findex #Businessinaustralia #Outsourcingaccounting https://lnkd.in/g8aDkxup

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🌟 Client Success Story 🌟 "Back Office Hero demonstrated a deep understanding of business growth and sales. They guided us to organise our client data and metrics, ensuring the valuation we sought was supported by clear, factual insights. Buyers found our documentation easy to understand and compelling." - WA Financial Planner. Selling your financial planning practice doesn’t have to be daunting. At Back Office Hero, we help you align your data, metrics, and documentation to exceed expectations. With tools like the Client Ranking Tool and Business Quality Indicator, we make sure your business tells a compelling story to potential buyers. 💡 Ready to sell your practice with confidence? Visit https://zurl.co/YEjh and let us guide you every step of the way. #BusinessPreparation #ClientFocusedResults

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With Breezepay, you can now generate a payment link or QR code to send to customers to then pay you in USDC, USDT, AUDD - Australian Digital Dollar, BTC and XRP via escrow. Any business, anywhere in store or online in Australia can now partner with Breezepay to enable payments in these digital currencies ⚡️ If you're an Aussie business with one eye on the future of payments, DM us or email [email protected] to learn more! #XRPL #Escrow #Stablecoins #Magento

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Navigating inheritance in Australia is a multi-faceted process that requires diligence and foresight. It's a topic that warrants open conversations and strategic planning, well in advance of its occurrence. By becoming well-versed in the intricacies of this system, you not only secure the transfer of your legacy but also pave the way for financial stability and peace of mind for those you leave behind. https://lnkd.in/gASkAH9F

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When can we expect interest rate relief, what’s the forecast for inflation and jobs growth, and what can we expect from the housing market? In our latest Business View video, NAB Group Chief Economist Alan Oster offers insights into the conditions businesses can expect to encounter over the next 18 months. Watch the full video here: https://lnkd.in/gKRSRafr #NAB #Economics #BusinessInsights

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𝗠𝗮𝗻𝗮𝗴𝗶𝗻𝗴 𝗙𝗶𝗻𝗮𝗻𝗰𝗲𝘀 𝗮𝘀 𝗮𝗻 𝗔𝘂𝘀𝘀𝗶𝗲 𝗘𝘅𝗽𝗮𝘁 𝗶𝗻 𝗗𝘂𝗯𝗮𝗶 🇦🇪 For Australian expats living and working in Dubai, navigating personal finances can be a challenge. Our latest blog dives into the most prevalent money concerns faced by Aussies in the UAE, including tax implications, currency exchange, and investment strategies. From maximising savings to minimising tax burdens, our latest blog post is a must-read for any Australian expat in Dubai. #PersonalFinance #ExpatsInDubai #AussieAbroad #MoneyManagement #AustralianExpats #AustralianExpatsInDubai #Ally #AllyWealth Joel Kerin William Cant Saad Ullah Ghumman

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Family trusts are gaining popularity among Australian families for their asset protection and tax benefits. However, understanding what a family trust is and how it works can be challenging, especially for new parents and families just starting their financial journey. This comprehensive guide aims to demystify family trusts, explaining their benefits, drawbacks, and the steps to establish one. #FamilyTrust #FinancialJourney #RetirementPlanning #FinancialSecurity #InvestmentOptions #SuperBalance #RetirementGoals #TaxTips #SuperConsolidation #InvestmentStrategy #FuturePlanning #SuperReview #RetirementSecurity #FinancialAdvice #SuperannuationTips https://lnkd.in/gT84qPVV

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In times of economic uncertainty, the burden of late payments weighs heavily on the survival of Australian small businesses. With every overdue payment, the delicate balance of cash flow is disrupted, making it difficult to cover expenses – threatening financial stability and potentially leading to closures. In a recent report from GoCardless, survey results have highlighted the impact of delayed payments on Australian businesses: 📉 27% experience annual losses of up to $6,000 📉 11% face annual losses ranging between $12,000 and $30,000 But it's not just about the numbers; small business owners, already juggling numerous responsibilities, are burdened further by the stress and discomfort of chasing overdue payments. The reluctance to address this issue stems from a broader societal discomfort with discussing money, made worse by fears of appearing rude or jeopardising future business relationships. Dealing with a stack of late payments? Speak to the team at Nero Financial today to learn more about our range of financing solutions. We can also recommend an incredible bookkeeper to help you stay on top of bills moving forward! https://lnkd.in/gRCsjCDT #BusinessInsights #LatePayments #CashFlow 🔍 Source: GoCardless & YouGov - 'Pursuing Payments Report'

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Foreign owned Australian companies needs to deal with many complex compliance obligations and manage various aspects of running the business operation. These obligations and operation requirements can detract the local Australian team from achieving core strategic goals and increase pressure on the global finance function team. A great way to achieve time-saving is to engage an experienced accounting firm and outsource selected parts of the finance function. Engaging an outsourcing accounting specialist can significantly lessen time spent on non-core activities. In turn, the local Australian team can focus on core business activities (i.e. increase market share, acquisition of high value customers etc). #Crowe #Findex #Businessinaustralia #Outsourcingaccounting https://lnkd.in/gbg7sQJU

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