Shark Tank's fond farewell

 

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Sunday, May 26, 2019 View in browser The week's best news and advice for entrepeneurial thinkers. Let's get down to business While the rest of the country has spent the past week reeling from a suprise Coaltion win, the small-business community have mostly been celebrating, with the prevailing view being another three years of the Liberals is good news. But that doesn't mean it's time to relax. Business leaders have already outlined where the government must take action, including changes to workplace law, energy price relief, and better access to funding. One of Australia's most successful startups has also had a whirlwind week, with Canva bringing in a fresh round of funding and acquiring two European companies to become the "Netflix of stock photography". Looks like it'll be 'stock photos and chill' from now on. And finally, in sad news for business owners everywhere, Shark Tank Australia has been cancelled for 2019, and it might be gone for good. Goodnight, sweet prince. You were too good for this world. Have a great week, Dom Powell Features and profiles editor   POLITICS // What does a Coalition government mean for small business? "What small businesses need is certainty so we can plan with more confidence for the future." CANVA // Aussie unicorn Canva acquires Pexels and Pixabay to become the "Netflix of stock photography" "There's a lot of synergy between Canva and Pexels — it's a perfect match." COLLAPSE // "Unsustainably high rents": National furniture chain Focus Group collapses into administration The household goods and furniture category has been particularly difficult in recent months. TAX // The ATO is targeting five common mistakes this EOFY — here's how to avoid them Make sure you're across all these areas before tax time. ALL OVER // "We had a good run": Future of Shark Tank Australia in question with show cancelled for 2019 "I'm disappointed it's gone the way it has, but I'm very proud to have had four seasons." COLLAPSE // Startup investor Blue Sky placed into receivership following "significant instability" "There is considerable work to be done in the near future." LEGAL // Calls for unfair dismissal overhaul to stop small businesses paying workers "go-away money" "An awful lot of small businesses are getting pulled into the unfair dismissal code space." DOGGOS // "The fur baby is part of the family": How Mad Paws attracted 370,000 customers by talking about their dogs "People identify not as pet owners but as pet parents."   Update your subscription preferences Copyright © 2019 Private Media Pty Ltd, publishers of Weekend Smarts. All Rights Reserved.