Gold Coast Mayor Tom Tate has suggested that rates could be paid with cryptocurrency in future years, despite the market crashing by $2 trillion — more than half of its total value — over the past six months. As the council prepares to hand down its annual budget on June 14, Gold Coast residents can...
Category: Business
Post
Post
Ex-Disney CEO Bob Iger takes stake in Australian design company Canva, which has been valued at $40 billion
Former Disney CEO Bob Iger has acquired a stake in Australian design company Canva and agreed to be an advisor to the closely held company. “We’re incredibly excited to welcome Bob Iger as an investor and advisor,” said Canva spokesman Lachlan Andrews in a statement. “Bob brings a wealth of experience after 15 years at...
Post
Brave Browser now Integrates with Solana Blockchain to Expand Web3 Access
Brave announced on Wednesday it has added support for the Solana blockchain to expand Web 3.0 access for the browsers 15.5 million daily users. Brave’s goal is to make Web3 accessible to all. Our privacy-first browser—and browser-native crypto wallet—offer both an easy Web3 onramp for crypto novices, and a robust suite of Web3 tools for...
Post
Crypto, property profits to be targeted by tax office in new crackdown
The Australian Tax Office (ATO) has outlined four key areas it will target this financial year, with gains made on cryptocurrency, property and shares high on the agenda. As tax time looms, the ATO said this year it will be focusing on record-keeping, work-related expenses, rental property income and deductions and capital gains made from...
Post
Consumer confidence plunges to lockdown levels while Australians prepare for the polls
Australians’ confidence in the economy and their own financial situation has plunged to lockdown levels, just weeks before an election that is being fought on the rising cost of living. Here in Australia and globally, markets are considering rate hikes, inflation, war and supply chain woes. The latest consumer confidence data from Westpac shows it...
Post
Every market is saturated: How Dynamic Code created dominance within business consulting ahead of launching multiple brands within international markets
After exceeding its sales target of $9 million this financial year, Dynamic Code, an Australian digital advertising business, has launched many brands overseas. It’s another step forwards in the agency’s three-year journey, which began in 2012 in the bedroom of one of the co-founders. Tyler Franko, co-founder and head of Strategy & Growth at Dynamic...
Post
“Put yourself in the best position to win” – Entrepreneur Tyler Franko making a massive impact
Tyler Franko (born on August 22, 1990) is a South African-born entrepreneur, investor, and online personality based in Sunshine Coast, Australia. He is the co-founder, chief visionary officer, and lead developer at Dynamic Code; founder of triangl. software, and co-founder of Leads & Listings. Tyler Franko was born to a Canadian father and German mother,...
Post
Aussies made nearly $3b from crypto in 2021
Australian cryptocurrency investors gained nearly $3 billion (US$2.1 billion) during a hot market in 2021, according to estimates from blockchain analysis company Chainalysis. That puts Australian-realised crypto gains as the 17th highest in the world based on Chainalysis data, just ahead of Switzerland and just behind Vietnam. At the top of the table is the...
Post
Australian Regulator Lays Out Crypto Industry Regulatory Roadmap
The Australian Prudential Regulation Authority (APRA) this week revealed its preliminary risk management expectations for regulated entities dealing with crypto assets, along with a policy roadmap for the next three years. The roadmap outlines plans to introduce operational risk standards by 2024 and, tentatively, crypto asset requirements and stored value facility standards by 2025. APRA...
Post
The Top Up & Coming NFT’s with Huge Predicted Growth
Since 2021 and into 2022, digital art has been thriving, with popular new NFT ventures selling for millions of dollars. Many notable artists and purchasers have been seeking to get into the game as the notion of non-fungible tokens has been presented to the people through mainstream media. Popular NFTs are attracting good attention from...