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The new Small Biz Matters program is all about People, Policy, Purpose. It is conversational and chatty and dedicated to empowering small businesses and their advisors to engage with policy and advocacy. Why? Because what Government does very much Matters to all Small Biz. Good and bad. A labour of love, in 2014 Alexi Boyd started broadcasting to give back to the local small business community. She knew information and support was lacking. Now with over 220 podcasts, the show is sought by PR Agencies and Government departments for its rich, informative content. Media Partners include universities, the Australian Tax Office, ASBFEO, COSBOA and international fintechs. Sponsored by the Australian Small Business and Family Enterprise Ombudsman’s office, each week we sit down with experts, advocates, business leaders, policy makers and politicians to dive into specific areas of government policy that affects your business and clients. We’ll give you a heads up on what’s coming down the policy pipeline, find out who’s fighting in your corner and empower you with ways you can influence those decisions which affect your business every single day. The program is broadcast weekly on Tuesdays live on local community radio Triple H 100.1FM, through the Community Broadcasting network, and wherever you get your favourite podcasts.
Episodes
Tuesday Oct 01, 2024
Tuesday Oct 01, 2024
Small Biz Matters: People, Policy, Purpose ~ Episode #248
Broadcast date: 1 Oct 2024
Host: Alexi Boyd, Small Business Advocate & Policy Advisor
Guests: Leanne Faulkner, Small Business Wellbeing Advocate and founder of Fortitude at Work
Advocates have long spoken about small business people being at the centre of the economy. They are the business, they live and breathe it and often describe it as their livelihood, not just a source of income. So, knowing this all too well, why do policy makers treat them the same way as large corporates, placing the same burden of regulation on people as they do a well-oiled corporate machine? Why is it so critical that we put small business people first and treat them differently than larger businesses in policy?
Here to discuss with us today the true impact of overregulation on the mental health of small business people, is our guest, Leanne Faulkner, successful entrepreneur, founder of multiple businesses, fierce advocate and life-long learner.
Leanne took those experiences, those trials and tribulations small businesses all know too well, and placed them squarely at the feet of academia; pushing the system to research into small businesses differently and treat them as people, not corporates. She’s an expert in small business mental health, not only based on lived experience, but as an academic and incredibly well connected business owner.
She’s going to talk us through how she approached your body of work and what were her key conclusions in her PhD. Also, how she would like to see her work influence policymakers now and into the future when dealing with small business mental health and strategies to keep them flourishing and surviving.
PEOPLE – advocates of long spoken about small business people being at the centre of small business. Why is it so critical that we put small business people first as opposed to the way we treat larger corporate’s in the economy? You’ve been studying small business mental health for a number of years now; what have you noticed that has changed dramatically since Covid?
POLICY - congratulations on completing your PhD, which is all about small business mental health. Can you explain how you approached your body of work and what were your key conclusions? How did you research and approach the well known problem of accessing them and explaining the small business perspective? What programs do you think of my successful in recent memory support small businesses?
PURPOSE - How would you like to see your work influence policymakers now and into the future when dealing with small businesses, their mental health, and strategies to keep them flourishing and surviving? What should be approached be; do we consider support when small businesses are at the brink (like we are currently doing) or try and initiate programs so that small businesses can put themselves first.
Leanne Faulkner was the original founder of Central Coast skincare brand, Billie Goat Soap. Starting in her kitchen on the Central Coast, Leanne built the brand over several years resulting in sales in over 2000 stores nationwide and exports to several international markets.
For over ten years she has advocated for more mental health resources for business owners, not just employees, and today there are a range of services available for entrepreneurs and those who own a business. She has just completed her PhD on the same subject at the University of Newcastle. Leanne has developed unique insights about working well that are relevant to people in all business sizes, large and small. She is a popular keynote speaker because she addresses the intersection of business ownership and workplace mental health. She inspires people to think about innovative ways they can care for their wellbeing at work, and there's not a fruit basket, massage train or group hug required.
To find out more about Fortitude at Work click HERE
Tuesday Sep 10, 2024
EP#247 ~ It’s election time! Let’s meet the Local Candidates
Tuesday Sep 10, 2024
Tuesday Sep 10, 2024
Small Biz Matters: People, Policy, Purpose ~ Episode #247
Broadcast date: 10 Sep 2024
Host: Alexi Boyd, Small Business Advocate & Policy Advisor
Guests: Janelle McIntosh (Labor), Nathan Tilbury (Independent), Warren Waddell (Liberal)
If you were to ask a small business owner which level of government has the most impact on their business, to be honest, it would depend when you ask them. Right now small businesses are thinking about interest rates, rising complexities in compliance around hiring and keeping staff, cost of doing business and of course, the state of the economy right now.
But frequently the decisions made by your local council can have an enormous impact on your ability to run a business. They are responsible for much of the red tape which can suffocate small business growth. Development planning of residential and commercial areas, parking, foot traffic, events, rubbish and recycling disposal, and increasingly finding the right people with the right skills who can afford to live locally.
Small Biz Matters asked a number of businesses right here what they thought were the main concerns facing their small businesses at a local level and what they would like to see the new Hornsby mayor change to improve their economic outlook and make it easier to do business in Hornsby.
Joining us live in the studio we have:
- Janelle McIntosh - Labor
- Nathan Tilbury - Independent
- Warren Waddell - Liberal
PEOPLE – What do you think is the number one issue for small business people right now? How will you improve engagement with local small business representatives? Will you support the council creating a new role of economic development manager?
POLICY - Beyond the Hornsby After Dark campaign, how will you improve foot traffic for areas tenanted by predominantly small business? What policies will you implement in the first 12months for small businesses in Hornsby?
PURPOSE - How many Chamber of commerce or other business events have you attended in the last 3years?
Councillor Janelle McIntosh
Janelle was born and raised in Hornsby Shire and together with her husband is raising her son here. She is passionate about local government, returning for her third term at Council after being first elected in 2004. Janelle is proud to have initiated many key issues and strategies such as Aboriginal Acknowledgement in Hornsby, the Economic Development & Tourism Strategy, Public Domain Guidelines, Dementia Friendly Hornsby, Street Library Grant program and the Healthy Ageing Strategy. She is well known for fostering engagement with the community and for active promotion of local businesses and organisations, Council issues, programs and events.
To find out more about Janelle McIntosh’s campaign to be your local Mayor, click HERE
Councillor Nathan Tilbury
Nathan Tilbury was first elected as Councillor representative in 2012 and has served since. He genuinely knows and cares for his community. He is well known for his empathetic approach and his ability to listen to all residents, no matter how large or small their issue may be.
To find out more about Janelle McIntosh’s campaign to be your local Mayor, click HERE
Councillor Warren Waddell
As a fifth-generation resident of Hornsby and a proud second-term Shire Councillor, I have a deep-rooted connection to our community. Growing up in Galston, attending Macquarie University, and managing my family’s historic orchard have all shaped my commitment to our Shire. My experience with local organizations such as the Hornsby Kuring Gai Women’s Shelter and Habitat for Humanity has reinforced my dedication to creating a safe and thriving environment for everyone
To find out more about Warren Waddell’s campaign to be your local Mayor, click HERE
Tuesday Sep 03, 2024
Tuesday Sep 03, 2024
Small Biz Matters: People, Policy, Purpose ~ Episode #246
Broadcast date: 3 Sep 2024
Host: Alexi Boyd, Small Business Advocate & Policy Advisor
Guests: Guests, CEOs and leaders in Regional Australia at the Regional Australia Summit
The appeal of regional living is here to stay for thousands of metro movers, requiring new thinking and action on how the services, housing, and skills landscape will develop to meet this ongoing demand across the country. Important economic and social transitions are underway, and regional Australia is at the frontline of this change.
That’s the focus of the 2024 Regional Australia Institute’s Regions Rising National Summit and exactly the right platform to tackle the critical policy issues for regional Australia. Small Biz Matters was lucky to be invited, interviewing speakers, experts and leaders on their thoughts about their people, policy, and purpose for in particular, small business.
The program featured engaging addresses from the nation’s politicians, inspiring thought leaders and changemakers. A series of panels and concurrent sessions addressed the key pillars of RAI’s Regionalisation Ambition – a framework to ‘Rebalance the Nation’, telling the stories of regions’ challenges and success stories, and providing a wealth of knowledge to help drive change in communities and businesses.
It was a solutions-focussed, nation building event bringing together thought leaders across all sectors of government, industry, academia, and most importantly regional communities.
We interviewed:
- Liz Ritchie CEO Regional Australia Institute
- Hon Kristy McBain MP Minister for Infrastructure, Transport, Regional Development and Local Government
- Senator the Hon Bridget McKenzie, leader for Nationals in the Senate
- John Cleland, CEO Essential Energy
- Sam Dimarco , GM Regional & remote nbn
- Hacia Atherton CEO empowered women in trades
Let’s have a listen to their thoughts on the regional Australia’s People, Policy and Purpose!
Tuesday Aug 20, 2024
Tuesday Aug 20, 2024
Small Biz Matters: People, Policy, Purpose ~ Episode #245
Broadcast date: 20 Aug 2024
Host: Alexi Boyd, Small Business Advocate & Policy Advisor
Guests: Dr Sherman Chan, Chief Economist at Business NSW
Dr Sherman Chan is one of those few economists who, when they explain a complex problem, it makes sense. That’s why whenever you attend a BusinessNSW event where she is presenting or read their quarterly Business Insights data report, the science of economics becomes a little clearer.
Small business is on the roller coaster of macro economic conditions, and its currently on the downward side of the big dipper. It is of course greatly affected by interest rates, unemployment rates and inflation (the usual suspects) and well aware of the micro conditions facing their own small business but the insights coming from small business can paint a clear picture for policy makers too. This is particularly true when that data is robust, clearly presented and consistent in its undertaking. It’s a powerful tool for both small businesses but politicians and policy makers who are ultimately making decisions which affect your business every day.
Dr Sherman Chan is passionate about making small business data meaningful, accessible and importantly impactful to these policy makers. Regularly briefing small business intel from the quarterly business insights report to the likes of NSW Treasury, the RBA and federal politicians, she has an intelligent approach to data gathering, presenting it in a clear and relatable way, Dr Sherman Chan is exactly the right person to deliver the information you need to understand the state of small business right now.
PEOPLE – Can you tell us a little about yourself and why you’re so passionate about supporting small businesses through data? Why has business New South Wales continue to produce the Business Insights report? How have economists become so influential in the media and advocacy work and critical in the decision making process when it comes to policy decisions made by Government?
POLICY - What difference can surveys make to the policy direction for businesses in NSW? What’s the difference between your Saturdays and the work that the ABS does? How do the surveys influence the policy work of BusinessNSW? How do you use the surveys to drive decision makers?
PURPOSE Can you tell us a little bit about the BusinessNSW surveys that have been running for many years? How are they put together? And how do you decide which questions to ask? How influential are they?
Sherman is an economist with experience in government, banking and consulting. In her role as Chief Economist at Business NSW, Sherman drives strategic research and builds the evidence base for policy advocacy. She manages the quarterly Business Conditions Survey – Business NSW’s flagship research product that generates insights into business opportunities and challenges across key industries in NSW.
Prior to joining Business NSW, Sherman was a Senior Manager in the Risk and Regulatory Consulting practice at MinterEllison. This followed a six-year stint in NSW Government with agencies including NSW Treasury and the Audit Office of NSW where she led large-scale program evaluations and performance audits.
Sherman’s journey as an economist also includes working at Moody’s Analytics and HSBC (Hong Kong) during the Global Financial Crisis, covering economies and financial markets across the Asia-Pacific region. Sherman also has experience working at the Australian Prudential Regulation Authority.
Sherman holds a PhD and a Bachelor of Commerce (Honours in Economics) both from UNSW. Proficient in both macroeconomics and microeconomics, Sherman has been a Lecturer at UNSW since 2014. She specialises in government policy evaluation, impact measurement and cost-benefit analysis.
Business NSW is the peak business organisation for New South Wales representing the needs of 48,000 businesses across the state. Its purpose is to create a better Australia by maximising the outcomes and potential of Australian businesses. The organisation achieves this by working with businesses spanning all industry sectors including small, medium and large enterprises.
To find out more about BusinessNSW Business Conditions Survey, check it out HERE
Tuesday Aug 06, 2024
Tuesday Aug 06, 2024
Small Biz Matters: People, Policy, Purpose ~ Episode #244
Broadcast date: 6 Aug 2024
Host: Alexi Boyd, Small Business Advocate & Policy Advisor
Guests: Huy Truong Co-Founder and Executive Chairman at Thrive Refugee Enterprise
Recent data from Australian Small Business and Family Enterprise Ombudsman shows one out of three small business owners (34%) were born outside of Australia. Migrants and refugees are more likely to be successful in business ownership; they may have previously run a successful business or simply have the unique skills from challenging life circumstances which bring the tenacity and grit to run a small business.
Australian Bureau of statistics data shows that typically it takes 4 years before humanitarian visa holders earn more than $30,000 per year. That’s not a liveable wage anywhere. It’s one thing to welcome refugees with open arms and it’s another to support them into viable, economic stability and empower them with skills and training to, if they wish, to start their own small business.
So why are there not more opportunities and programs encouraging this, given that it can be a more reliable source of income for those who don’t have their skills or qualifications recognised? Well, one such organisation is feeling this very important gap.
The Thrive Refugee Entrepreneurship Program is specifically designed for refugees and asylum seekers interested in starting their own businesses and aims to accelerate and increase social and economic inclusion for refugees and asylum seekers through self-employment.
The strength comes from a national footprint with grassroots service delivery model embedded in key refugee settlement destinations. And as migration flows towards different areas and refugee communities become more established, the need for communities outside the major cities to access and benefit from the Thrive continues to grow.
There is also added benefit to the whole economy, of increased employment opportunities for the local community as the number of small businesses grow, and of course the benefits to the government of GST and tax collected. Plus, refugees and migrants who have invested in a small business, both financially and with their time are more likely to remain in a community where the type of business are forged.
Today we welcome Thrive’s proud co-founder, Huy Truong, who, along with an incredible board and advisory council who are passionate about refugee, economic empowerment is ensuring this not-for-profit grows from a concept to a national organisation, making a real difference to the Australian economy.
PEOPLE – Tell us your story and how your journey had led you to be one of Australia’s foremost refugee advocates. Why is it so important to empower through entrepreneurial enterprise rather than position refugees as victims?
POLICY - Why should economic empowerment for refugees be front of mind for all policy makers? What are the benefits to the local and national economy?
PURPOSE - What role does your NFP organisation Thrive Refugee Enterprise play in leading the way for purpose-driven funding? Which areas of Government do you and your team work with and how do you advocate? What would be your advice to other social enterprises starting today?
Huy arrived in Australia as a refugee and is an entrepreneur and investor who now dedicates his time to the success of refugees and migrants in Australia.
Huy is the Executive Chairman and Founder of Thrive Refugee Enterprise – a NGO dedicated to the economic self-reliance of refugees. Since inception, Thrive has provided almost $15m in business financing and planning support to over 700 refugees to start/grow a small business – generating over $70m p.a to the Australian economy. Thrive operates in QLD, NSW and VIC with a strong governance including Advisory Council members Martin Parkinson, David Gonski, Christine Holgate and John Curtis.
Huy began his career with the Boston Consulting Group before embarking on his entrepreneurial and investment career path.
Huy has an Economic Honours Degree from Monash University and a MBA from Harvard Business School.
Huy lives in Melbourne, married with 3 children and is passionate about a confident, united and Progressive Australia.
Thrive was founded on the core beliefs that refugees are entrepreneurial, hard working and contribute back to the economy through business participation and social integration.
You can find out more about Thrive HERE
Tuesday Jul 30, 2024
Tuesday Jul 30, 2024
Small Biz Matters: People, Policy, Purpose ~ Episode #243
Broadcast date: 30 July 2024
Host: Alexi Boyd, Small Business Advocate & Policy Advisor
Guests: Liz Ritchie, CEO at Regional Australia Institute
The latest Regional Australia Institute report Regional Movers Index (created in partnership with CommBank Business and Institutional) highlights fascinating trends in our nation's population movements. Metro to regional relocations are now 20% above pre-Covid levels with 24% more people moving from capital cities regions compared with the opposite direction. That’s a net migration out of our cities into our regional towns!
With such a large change population and the unique circumstances that brings, what’s required is relationship building, placed based approach to policy and connectivity into community. Luckily there’s a think tank doing exactly that, and it’s run but the policy powerhouse and regional expert, Liz Richie.
The Regional Australia Institute captures the unique skills of their team, as well as their passion for regional Australia. In fact, the majority of them live in the towns which they represent! Researchers, policy experts, and influential relations experts who come together to make regional Australia better.
There are few people as interconnected into regional cities, understanding population growth, the need for skills and how their small businesses flourish and when they need support. This is going to be an excellent discussion from an expert in the field and a true female leader in Australian policy.
PEOPLE – Who does RAI represent? How do you work so successfully as a regionally located team, focussed on regional issues? Tell us about the upcoming Regions Rising Summit in Canberra in August and what you're hoping to achieve and what you'd like to highlight to decision makers at the conference?
POLICY - Which policy areas are you currently focussed on? Which departments do you work with and how do you work as an advocacy organisation with politicians and departments to ensure the voice of regional, rural and remote Australia is heard?
PURPOSE Tell us about your recently published reports and what you’re trying to achieve in the policy space for each of these?
The daughter of a farmer who grew up amongst the rice crops and river redgums around Deniliquin in south-western New South Wales, Liz Ritchie’s had a lifelong affiliation with regional Australia. As CEO of the Regional Australia Institute her purpose is to empower regions to thrive through leadership, activation, and impact. Liz firmly believes that by replacing myth and stereotype with facts and knowledge, the RAI can help build a bridge between city and country Australians. She spearheaded the development of the Regionalisation Ambition – a framework to ‘rebalance the nation’ by driving a parity of population between the regions and cities. Prior to joining the RAI, Liz worked for Westpac and the Committee for Economic Development of Australia.
Independent and informed by both research and ongoing dialogue with the community. The Regional Australia Institute (RAI) develops policy solutions and advocates for change to build a stronger economy and better quality of life in regional Australia – for the benefit of all Australians.
To find out more about Regional Australia Institute, check it out HERE
Tuesday Jul 23, 2024
EP#242 ~ Today's inspiring guest is young, driven and a sustainability innovator
Tuesday Jul 23, 2024
Tuesday Jul 23, 2024
Small Biz Matters: People, Policy, Purpose ~ Episode #242
Broadcast date: 23 July 2024
Host: Alexi Boyd, Small Business Advocate & Policy Advisor
Guests: Alexandra Cannizzaro, Founder of Platform Zero
With so much going on in the world, it’s time to be inspired on Small Biz Matters. Our guest is a founder, has spent most of her working life since 2014 in the industry and a changemaker. She’s the sort of person that sees a problem and knows that she’s the right person to fix it. As the old adage goes, if you want something done right do it yourself.
We all know that sustainability and the responsibility of business go hand-in-hand and Alex is one of those young, inspiring people, who have really taken the bull by the horns, and made it their mission to implement change. She is the Founder of Platform Zero; an expert in redirecting and repurposing food waste and passionate about tackling climate change and rising prices. She knows the problem and has lived experience in the fresh food, wholesale and the premium quality produce industry. Now made it her life’s mission to create a successful sustainability business, tackling climate change, and rising prices called Platform Zero.
She'll join us to inspire, and offer some tips on how we can do better in our homes and businesses and get involved with great organisations like Platform Zero.
PEOPLE – Tell us about your small business journey and how you came up with the concept for your startup. As a young person trying to start a business in Australia, what has been your biggest hurdle? You mentioned during your appearance at the COSBOA summit this year how a lack of competition in the grocery sector impacts small business like yours. If you could talk directly to the CEOs of the giant businesses out there, what would you say to them to encourage them to make a Farah for young people and young business is trying to get started in the industry?
POLICY - If there was one thing, the government could do to reduce the red tape in your industry what would you suggest to them? You are involved in the supply chain in the grocery sector. Clearly there are major problems with how this is streamlined, despite big business being in control of those processes for so long. What small business attributes could big businesses learn from to improve the process
PURPOSE we all know how difficult it is to start and grow a business here. What keeps you going? What drives you to succeed and where would you like to be in 10 years time? How would you like to influence the industry
Alex Cannizzaro is Founder of Platform Zero; and expert in redirecting and repurposing food waste and passionate about tackling climate change and rising prices.
At Platform Zero, I have developed technology solutions that cover the whole supply chain ecosystem to redirect waste from landfills and re-purpose them for a wider range of purposes. At Platform Zero we hit all your ESG targets and we do it fast.
Where it all started? The fruit and veg industry. My family has been involved in the fruit and vegetable industry for over 70 years, covering the entire ecosystem both nationally and globally. I am the third generation within the family business, and I am responsible for steering this industry in a more sustainable, digitally advanced, and environmentally friendly direction in order to contribute to a more sustainable future.
To find out more about Platform Zero, check it out HERE
Tuesday Jul 16, 2024
EP#241 ~ What can we do to save Australian restaurants and cafes from disaster?
Tuesday Jul 16, 2024
Tuesday Jul 16, 2024
Small Biz Matters: People, Policy, Purpose ~ Episode #241
Broadcast date: 16th July 2024
Host: Alexi Boyd, Small Business Advocate & Policy Advisor
Guest: Wes Lambert CPA, FGIA, CAE, MAICD and CEO Australian Restaurant & Cafe Association
Wes Lambert describes himself as passionate about advancing the interests of the hospitality industry through advocacy, education, and leadership. He has over 24 years of experience in the hospitality industry, a deep understanding of the challenges and opportunities facing the sector, as well as the skills and tools to deliver solutions that meet the needs of businesses.
But more than that he’s a passionate advocate. He lives and breathes the sector as a leader who has dedicated decades to bringing the industry to great heights and more than once, ensuring its survival.
But right now, the industry he loves so dearly and has made his life’s mission to see succeed, is on its knees. So, why is it now, even after the ravages of COVID and massive downturns in the economy like the GFC are thought leaders like Wes Lambert talking about devastation of an entire sector like never before? And what can Wes, with his deep knowledge of the policy space push for, to ensure survival of the industry – not just of the fittest?
This isn’t just about $8 lattes anymore. This is about jobs, high streets filled with empty shop windows and the very survival of communities and our way of life. And Wes Lambert is just the leader, advocate and experienced passionate policy influencer who cafes and restaurants need fighting in their corner.
PEOPLE - Tell us about the business owners you represent. Why is it critical for Australian communities and the economy that cafes and hospitality businesses get support right now? Do they need a hand out or a help up? And what does that look like?
POLICY - In a perfect world, in which department would you want to start to improve policy to make it easier to run a hospitality business in Australia? Which areas need the most work? Do you think the Australian Govt is really listening to the needs of small business?
PURPOSE - There's been a lot in the media recently about the dire state of the industry. Is it as a result of inflation, the lag from COVID closures, restaurant input costs or all of the above? What do policy makers need to do urgently to save hospitality small businesses on the brink?
As the CEO of the Australian Restaurant & Cafe Association, Wes Lambert is passionate about advancing the interests of the hospitality industry through advocacy, education, and leadership. With over 24 years of experience in the hospitality industry, he has a deep understanding of the challenges and opportunities facing the sector, as well as the skills and tools to deliver solutions that meet the needs of businesses.
Wes Lambert is the former CEO of the 2020 Association of the Year Restaurant & Catering Australia (R&CA), winner of the AuSAE 2020 Influencer Award, and a board member of several industry bodies, including the Australian Foodservice Advocacy Body, the Council of Small Business Organizations Australia, and the Children's Tumour Foundation. He holds a CPA, a FGIA, and a CAE, and am a Member of AICD. He is also a US Army veteran, an author, and a father of three.
The Restaurant & Cafe segment of the Hospitality Industry has been under constant threat & pressure as Taxes, Inflation, Wage rises, Migration & Staffing Challenges, and Relentless Rent Increases decimate business after business throughout Australia.
Our purpose is to Drive Change and be the voice of Restaurants & Cafes by uniting industry leaders, fostering collaboration, and driving impactful legislative and policy shifts to benefit Restaurants & Cafes.
By amplifying the voices of our Members and advocating for their interests, we aim to shape policies and regulations that foster a thriving and sustainable Hospitality Industry.
Join us as we embark on this journey to redefine the future of Restaurant & Cafe advocacy in Australia, one Member and one change at a time.
Together, we can make a real and lasting difference. To find out more go to: www.arca.org.au
Tuesday Jul 09, 2024
EP#240 ~ Unlocking the Consumer Data Rights Future for Small Business Consumers
Tuesday Jul 09, 2024
Tuesday Jul 09, 2024
Small Biz Matters: People, Policy, Purpose ~ Episode #240
Broadcast date: 9th July 2024
Host: Alexi Boyd, Small Business Advocate & Policy Advisor
Guest: Live from the Fintech Australia 2024 CDR Summit
This week we were live from Fintech Australia’s CDR Summit for a very interesting discussion on why small biz mattes and why does Consumer Data Rights matter to our community – the advisors, the small businesses and the Fintech industry. Panellists were
Eric Tsang, CEO and Co-founder Skript
Grant Augustin, Managing Director SISS Data Services
Simeon Duncan, Senior Manager of International Corporate Affairs, Intuit
It’s been a hard fought regulatory battle to get us to this point and as you’ll learn in today’s discussion there’s still a long way to go.
So, what can we learn from other CDR and open banking from the rest of the world, where are the opportunities to collaborate? How can the Fintech industry make the most of this change to adapt and evolve to meet growing data needs of business? What are the missed opportunities to the Aust economy if we ignore CDR’s power and the potential to unlock the digital economy?
We need to ensure small businesses and their accountants and bookkeepers can effectively engage with the system and make data valuable and meaningful. Today’s discussion from our experts is about empowerment, enablement and overcoming the barriers.
Let’s here from the experts as they introduce themselves and their expertise when it comes to Consumer Data Rights.
PEOPLE - What is the difference between CDR and bank feed in terms of a small business’ access and right to data? What’s been the advocacy journey to get to this point and who has been involved and why? What do these changes to CDR mean for small businesses and the Fintech industry in the future?
POLICY - What’s the difference between bank feed and, open banking and screen scraping and why does it matter? Does the “perfect scenario” exist anywhere else in the world? Why is data quality integral to small business, government and policy making? How important are bank feeds to cash flow and accurate / informed decision making?
PURPOSE – What is Consumer Data Rights and how did we get here? Who has lobbied to ensure small businesses, advisors and Fintech to ensure there was minimal disruption to bank feeds and the digitisation of all small businesses?
The 2024 Fintech Australia Consumer Data Rights Conference’s aim was to build awareness about the Consumer Data Right reform so more organisations across sectors can be involved in future proofing its success. It also aimed to achieve a high level of technical education for stakeholders on how Open Innovation can evolve the emerging Consumer Data Right ecosystem towards economy wide Open Data reality. It successfully showcased CDR opportunities, current and potential use-cases and connecting the established ecosystem with a broader commercial audience. full day of plenary and breakout sessions to explore the vast potential of the Consumer Data Right and highlight potential use-cases and commercial opportunities. It captured a broad audience spanning the digital economy, including fintechs and large financial institutions which are interested in but not yet fully harnessing the CDR. The event provided opportunities for players from across this burgeoning ecosystem to connect and discuss the vast opportunities CDR provides for the future digital economy.
Featuring local and international experts, policy makers, founders and builders will take to the stage to discuss the future of the CDR and showcase the most exciting emerging use cases.
The Major sponsor was Intuit.
Tuesday Jul 02, 2024
Tuesday Jul 02, 2024
Small Biz Matters: People, Policy, Purpose ~ Episode #239
Broadcast date: 2nd July 2024
Host: Alexi Boyd, Small Business Advocate & Policy Advisor
Guest: Dominique Lamb, the QLD Small Business Commissioner
Queensland is a unique part of the world, not only for its natural beauty, incredible tourism industry, but it’s people. And it’s Queensland’s people that are at the heart of small business. From agriculture to retail to tourism to metro and regional areas they are as diverse as any other part of Australia.
Unique to Queensland is their passionate, experienced small business commissioner, Dominique Lamb. Formally the CEO to the National Retailers Association. She’s brought with her a wealth of experience and passion for her state to deliver some incredible achievements after only a couple of years in office. Cheers tenacious, empathetic and loves her state and the diversity of small businesses within it.
She joins us on Small Biz Matters today to talk about those achievements in two short years, and the difficulties facing small businesses in Queensland now and into the future. Plus we unpack the recently published report and first of its kind study: Understanding the lifecycle and mindset of Queensland small businesses. Its been nominated for an international award! We will ask what did the agency learn about small business in QLD and why was it so important to inform through this publication?
PEOPLE Can you tell the audience why you’re so passionate about small business and what you’ve done over the years to support? The reality is governments have a lot of impact on small business is through regulation. So realistically, is there anything that can be done, any thought leadership thinking to improve this situation?
POLICY - What are your key policy priorities for businesses in QLD? In your opinion, is there a good place to start for small businesses who want to be more involved in reducing red tape and improving policy in QLD? What successes have you recently had? QLD seems to be at the mercy of the impacts of climate change. What are the key policy priorities here of your office to support small businesses who experience its impacts?
PURPOSE - Tell us about your recently published report First of its kind study: Understanding the lifecycle and mindset of Queensland small businesses, I’ve heard it’s nominated for an international award! What did you learn about small business in QLD and why was it so important to inform through this publication? Can you tell the audience about the role of the commissioner, how it is independent and how you influence policy in the federal Govt? Who are the main advocates who support your work and how does your office engage with them?
Dominique Lamb assumed the role of Small Business Commissioner in December 2022. With a robust background in industrial relations and employment law, she brings a unique blend of legal expertise and advocacy skills to her position.
Dominique's primary objective is to enhance the operating environment for small businesses in Queensland and to reduce the time and costs associated with resolving disputes involving small business. In her capacity as Commissioner, Dominique has embarked on a proactive engagement strategy, collaborating closely with governmental bodies, industry organisations, and regional stakeholders. One of Dominique's notable achievements has been the significant expansion of the Small Business Friendly (SBF) Program, which now boasts participation from 49 Councils. Additionally, she has taken proactive steps to establish three new roundtables, providing platforms for industry representatives and regional stakeholders to voice their concerns and contribute to policy discussions.
Beyond her professional endeavours, Dominique is deeply committed to social causes, particularly those addressing domestic and family violence.
To find out more go to: https://qsbc.qld.gov.au/