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Apr 25, 2012

Smartcompany News and Analysis: Jim’s Group delays IPO, Review slams ATO’s SME expertise, Why SMEs are racing to Frankfurt’s stock exchange, Arrest over $63m tax fraud


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It’s not easy for Australian SMEs to access capital these days, but a growing group of entrepreneurs are finding a solution a long way from home – the Frankfurt Stock Exchange. As deputy editor Cara Waters explains today, Frankfurt is seen as offering a cheap and fast alternative to an Australian listing, but the landscape in Germany is changing.

Also today we look at the arrest of a Gold Coast businessman over an alleged $63 million tax fraud based on tech patents, we look at Google’s new Dropbox competitor and talk to the Inspector General of Taxation about his review into how the ATO deals with mid-sized companies and the wealthy. As James Thomson says in Entrepreneur Watch, the taxman needs to lift his game.

And don’t forget to take SmartCompany’s third annual Business Technology Survey, which will close soon. You can win a new iPad and register to get the key insights from what is already shaping up as a fascinating piece of research. Click here to take the survey.

Finance
Why Aussie businesses are flocking to list on the Frankfurt Stock Exchange
The Frankfurt Stock Exchange is proving to be popular with Australian businesses, but its popularity could be short-lived, with the exchange tightening its entry requirements this year. BY CARA WATERS.
Features

Superannuation
Directors to be personally liable for unpaid super
Company directors now have to face complying with an ever increasing myriad of laws, and not just tax laws. BY TERRY HAYES.
Features

Aunty B
My director abandoned the company but now wants to come back
Don't feel alone. The biggest headache of many businesses is business partners and shareholders.
Aunty B

Business Tech Talk
Paul Wallbank
Does Google and Facebook's failure to execute in local search indicate a bigger problem for these companies?
Ask the Experts

Internet secrets
Craig Reardon
Websites are now an intrinsic part of the overall operations of today’s business. The question is, are they being treated that way?
Smart Blogs

IT Means Business
Dave Stevens
IT is helping businesses to reduce their carbon footprint in a number of ways. And happily, the same solutions often help to reduce costs.
Smart Blogs

Entrepreneur Watch
James Thomson
The Inspector General of Taxation has been critical of the way the ATO investigates mid-sized firms and the wealthy. The taxman clearly has work to do.

Techcompany News and Analysis: BEST OF THE WEB: How Google plans to reload its venture capital arm .


Thursday, April 26th 2012




Google finally announced its DropBox competitor yesterday, Google Drive, pledging every user 5GB of free storage. That’s a pretty good deal, and combined with other features, including some comprehensive search capabilities, the Google Drive product appears to be a fierce competitor.

But there’s another story here. Products such as Google Drive and DropBox are becoming more frequently released, and more importantly, cheap. It costs less than $10 to back up 100GB.

So businesses really have no excuse. The concept of accidentally deleting a file should be a thing of the past – and staff should be aware of how they need to back up everything they do.

Storage is cheaper than ever. There is no reason why small businesses shouldn’t be taking advantage of it.





Patrick Stafford
Editor, TechCompany



Best of the Web
BEST OF THE WEB: How Google plans to reload its venture capital arm  
The past few years have been huge for venture capital, with some of the biggest tech companies in the world delivering returns some firms had never dreamed of. But Google isn’t happy with the way things are going. Read more



What we learned this week
WHAT WE LEARNED THIS WEEK: Good management is like the Beatles 
Six months after Steve Jobs' death, he's still able to give management lessons, with a US journalist revealing never before read interviews with the tech visionary. Read more



Gadget Watch
GADGET WATCH: Xperia S  
The flurry of smartphones this year has created a myriad of choices, but it’s becoming too hard just to pick one. Can the Sony Xperia S stand up against the might of Apple and HTC? Read more



My Best Tech
MY BEST TECH: Andre Eikmeier  
Vinimofo co-founder Andrew Eikmeier reveals his favourite piece of tech is the wireless technology used by Apple to stream music across different devices. Read more



Internet Secrets
Internet Secrets – Craig Reardon 
The power of the humble website 
Websites are now an intrinsic part of the overall operations of today’s business. The question is, are they being treated that way? Read more



Paul Wallbank
Business Tech Talk – Paul Wallbank 
Flunking the local search market 
Does Google and Facebook's failure to execute in local search indicate a bigger problem for these companies? Read more



Dave Stevens
Dave Stevens – IT Means Business 
IT’s green credentials 
IT is helping businesses to reduce their carbon footprint in a number of ways. And happily, the same solutions often help to reduce costs. Read more