Simon Thomsen
Simon was previously Associate Editor of Business Insider Australia, covering everything from politics to startups, tech, super cars and even finer whiskies.
He was once a full-time restaurant critic, editor of The Good Food Guide, and previously a newspaper proprietor, having spent more than 25 years in journalism and publishing.
He chaired industry lobby group Australian Business Ltd's (now the NSW Business Chamber) environment committee during the Kyoto agreement era.
Latest from Simon Thomsen
Canva cofounder Melanie Perkins is urging fellow entrepreneurs to prioritise their wellbeing, admitting that her past seven-days-a-week grind was unsustainable and ultimately counterproductive. Melanie revealed the lessons she’d learned to maintain energy and focus on LinkedIn this week after realising the way she used to work was unsustainable, and needed to change. “I used to…
The Reserve Bank of Australia has lifted its cash rate target by 25 basis points to 2.6 per cent, its sixth monthly increase in a row, writes Simon Thomsen, editor of Startup Daily. But the surprise was that most analysts expected another 50-point increase, but the central banks board opted for half that figure. From…
The Reserve Bank of Australia has hiked the official cash interest rate by 0.25% to 0.35%. It’s the first increase in 11 years, in response to an accelerated annual inflation rate of 5.1%. RBA Governor Philip Lowe flagged more rate rises in response to ongoing inflation pressures over the next two years. Markets are now…
Canva’s billionaire co-founders Melanie Perkins and Cliff Obrecht have acted on their oft-stated goal to give their fortune away after the privately-owned design startup’s valuation nearly trebled to $55 billion today.. The duo, who married in back in their home state of WA earlier this year (he’d proposed with a $30 engagement ring two years ago),…
Google and Google Australia misled consumers about its use of personal location data, according to Australia’s Federal Court in a landmark legal decision. Consumer watchdog the ACCC took Google to court in October 2019 over the use of location data collected through Android mobile devices between January 2017 and December 2018, in a world-first enforcement…
Facebook’s hostage standoff with Australian government and media will end in the next few days after the company struck a deal with the Morrison government over its controversial News Media Bargaining Code. Intense negotiations with the government in the wake of Facebook blocking hundreds of media sites on its platform last Thursday, saw the warring…
Facebook decided today that it became necessary to destroy the town to save it. Australians woke to news – but not on Facebook – that the trillion-dollar social media giant had banned the posting and sharing of news stories in their country. And it was worse than that when the algorithm the company deployed to pull media…
The Morrison government and Big Four banks have committed $100 million each to the fund It will invest in around 30-50 high growth SMEs annually in return for a 10-40% equity stake The Business Growth Fund will have an independent management team selecting investments The fund will grow to $1 billion. The nation’s biggest banks…
Accounting software giant Xero Ltd is moving into lending to small business through invoice financing, announcing plans to acquire Sydney startup Waddle for up to $80 million. Xero (ASX: XRO) said the acquisition of the cloud-based lending platform aligns with its strategy to grow the small business platform and to address critical small business financial needs. “Waddle’s…
The Reserve Bank of Australia (RBA) has cut interest rates by 15 basis points to a new record low of 0.1%. The cut was widely expected by markets. RBA Governor said in his statement that the Board decided on a package of further measures to support job creation and the recovery of the Australian economy from…
