KPI Checklists

Over the past three years Tractor Ventures has set itself apart in the local startup ecosystem. Nestled somewhere between VC and banks, it offers businesses an alternate path to funding thanks to its own proprietary (SaaS) model for assessing applicants’ financials. That now includes the ability to approve loans within 24 hours. Australia’s alternative finance company Tractor describes itself as an alternative finance company for tech-enabled businesses.

Fresh commentary from Reserve Bank of Australia (RBA) governor Michelle Bullock has one barbershop founder “in shock” after she suggested lower spending at hairdressers and salons could help the fight against inflation. Speaking at a meeting of business economists in Sydney, Bullock last night said domestic challenges have largely overtaken international supply chain disruptions as a driving force behind inflation.

The government has taken the first steps toward repairing Australia’s broken competition laws, releasing a consultation paper for changes to the Competition and Consumer Act, including changes proposed by the Australian Competition and Consumer Commission (ACCC) in relation to the operation of its assessment of mergers.