TelcoNews Australia - Telecommunications news for ICT decision-makers

Insolvency stories

Abandoned australian mobile phone store for lease dim moody strip

Crazy John's collapse: Market change and strategic missteps

Last week
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martech
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omnichannel
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apple iphone
From suburban upstart to shuttered chain, Crazy John's rise and fall charts how carriers and online sales rewrote Australia's mobile market.
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AI bookkeeping startup Botkeeper shuts after 11 years

Last month
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digital transformation
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fintech
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financial systems
AI bookkeeping startup Botkeeper shuts after 11 years, citing rapid client consolidation, lost revenue and an unsustainable path forward.
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Australian insolvency rates predicted to increase in 2025

Thu, 6th Mar 2025
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utilities
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illion
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financial services
A surge in insolvency risks is predicted for Australian firms in 2025, with failure rates rising 6% in late 2024 amid renewed financial pressures.
Rakesh prabhakar  head of zoho australia and new zealand

Australian small businesses under pressure: can optimism and tech transform their 2025?

Fri, 10th Jan 2025
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crm
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data analytics
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martech
Despite facing record insolvencies due to rising costs and reduced consumer spending, Australia's small businesses remain hopeful about 2025, embracing tech-driven strategies.
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Australia's Cybersecurity Act races against augmented hacker revolution

Mon, 16th Dec 2024
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firewalls
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ransomware
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encryption
As cyberattacks rise, Australia's new Cybersecurity Act mandates timely reporting of ransomware payments, urging businesses to bolster their defences.
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Rising tech insolvencies in Australia: How businesses are using software Escrow to shield from vendor risks

Thu, 24th Oct 2024
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hyperscale
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risk & compliance
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microsoft
Australia faces a surge in corporate insolvencies, with tech firms like Plutora racking up debts of AUD $37.3 million as businesses turn to software escrow for protection.
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AI is ubiquitous, even in 'traditional' sectors and businesses

Mon, 30th Sep 2024
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data analytics
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ai
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restaurants
AI is transforming hospitality with 85% of Australia's venues using it for data analytics, inventory management, and personalised marketing to boost revenue and efficiency.
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Renowned insolvency expert Michael Makridakis joins Taylor David

Mon, 16th Sep 2024
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liquidation
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financial services
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law firms
Michael Makridakis has joined Taylor David as a Partner, bringing over 20 years' experience in multi-jurisdictional insolvency to the renowned law firm.
Vijay sundaram  zoho chief strategy officer(2)

Unification over best-in breed: Why is an integrated tech stack key to business growth?

Wed, 24th Jul 2024
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uc
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cx
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martech
Australian small and medium businesses are turning to integrated tech stacks to streamline operations, enhance collaboration, and drive growth amid economic volatility.
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Third-party risk: A growing threat in today's interconnected world

Mon, 29th Apr 2024
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uc
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supply chain
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breach prevention
An intricate web of third-party collaborations elevates innovation and efficiency in business but also significantly increases risk factors such as data breaches and financial instability.
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GoCardless & Intuit QuickBooks target late payments for Aussie SMBs

Thu, 25th Apr 2024
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payment technologies
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smb
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integration
GoCardless and Intuit QuickBooks launch an integration for Australian SMBs to enable automatic collection and reconciliation of payments.
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Kevin O'Neill joins Aryza Group as new Chief Revenue Officer

Thu, 11th Apr 2024
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risk & compliance
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ai
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automation
Kevin O'Neill, with over twenty years of business development experience, now heads revenue growth at the financial software solutions company, Aryza Group.
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Aryza Group launches Aryza Decide for improved credit risk management

Wed, 20th Mar 2024
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financial institutions
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credit risk
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modernisation
Aryza Group unveils dynamic, standalone system, Aryza Decide, geared to revolutionise credit risk management in the lending industry and encouraging operational efficiency.
Construction

Digital technology set to empower Australian subcontractors

Mon, 16th Oct 2023
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digital transformation
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rpa
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autodesk
The construction and engineering sectors are increasingly beginning to recognise the value of digital transformation and data-driven construction.
Virtualcard programs

Big business needs new payment strategies for small suppliers

Thu, 1st Jun 2023
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digital transformation
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martech
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commerce systems
While the other end of town enjoys regular pay cycles and pontificates about bonus structures, small businesses simply need to be paid on time.
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Mazars In Singapore appoints two new local partners

Mon, 22nd May 2023
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partner programmes
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risk & compliance
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consultancy
Mazars in Singapore expands its Financial Advisory and Consulting teams with the appointment of two new local Partners.
Danny wheeler

How AR automation can help your B2B business grow sustainably in 2023

Tue, 11th Apr 2023
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ar, vr & metaverse
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cloud services
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b2b
Despite the predictions that tougher times are incoming, plenty of businesses are identifying opportunities to expand their range, reach and revenue.
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McGrathNicol has appointed two new partners

Thu, 2nd Feb 2023
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partner programmes
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mcgrathnicol
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job moves
Restructuring and advisory firm McGrathNicol welcomes two new partners: Linda Smith and Michael Gray, bringing the total to 51 partners.
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How to achieve technology-fuelled growth with finance

Wed, 31st Mar 2021
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semiconductors
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data analytics
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planning
2020 highlighted the reliance on technology in business, so leverage it to your advantage. Here's how to achieve tech-fuelled growth and fund it properly.
Retail

Why embracing cloud-based communication applications can give retailers a boost – 8x8

Wed, 28th Aug 2019
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uc
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supply chain
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retailtech
For the Australian retail sector, finding ways to cut costs and improve productivity has never been more important.