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It ain’t over ‘til it’s over

This week, all eyes have been on Victoria, as the state government reinstated Stage 3 COVID-19 lockdown restrictions for metropolitan Melbourne and Mitchell Shire.

For the small businesses in those areas, which have been open to eat-in customers for a matter of weeks, the news was devastating, as our news reporter Matt found out.

Vague promises of support were finally realised on Friday, with Victorian Treasurer Tim Pallas announcing a $534 million business support package, including grant funding, and cash for businesses in Melbourne’s CBD.

A further $26 million has also been set aside for mental health support and mentoring for small business owners.

As ever, we’ve also spent the week catching up with inspiring Aussie entrepreneurs. Our editor Eloise chatted to a law firm that’s ditching traditional titles, and I spoke to Perth’s queen of hot sauce Renae Bunster about her equity crowdfunding campaign that’s going gangbusters.

Stay spicy this weekend,

Stephanie Palmer-Derrien
Startups and technology editor

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For many, the hardest thing will be remaining positive as they return to the trading conditions that ravaged the hospitality industry several months ago.

A TALE OF TWO TOWNS Family businesses hopeful as border closure cleaves Albury-Wodonga in two

For residents who cross the border, which for many is a daily occurrence, there’s going to be some additional red tape.

INSIGHT Which industries have relied on JobKeeper the most?

With the federal government confirming plans to extend income support, we look at an industry-by-industry breakdown.

NEW ATTITUDE Why the Law Squared team has dropped hierarchical job titles

July 1 came with an announcement for this ‘NewLaw’ firm – one which had been years in the making.

MORE THAN A TREND Why marketing diversity needs to be in your business policy

Michelle Akhidenor is using her platform to tackle inequality in the huge media marketing sector.

BIG GAINS Aussie-founded fintech Fast raises $30 million during pandemic

And the business in continuing to grow a challenging Silicon Valley ecosystem.

SPICY Aussie hot sauce brand smashes crowdfunding goal following COVID-19 sales spike

Bunsters has raised over $400,000 through equity crowdfunding, with 28 days still to go.

SOCK STARS Manrags raises $400,000 in 24 hours to launch the “Afterpay of textile recycling”

The Aussie sock subscription startup’s new textiles recycling product sparked a surge in revenues.

ENERGY Lower power bills? There’s now a grant for that – but there’s a catch

Three small businesses per electorate will be lucky enough to get federal government help with their power bills.

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