Tuesday, March 29, 2022

What Is Business Strategy and How to Devise It In 2022?

 Hello there,

Whenever I meet an industry veteran, I ask them about their experience and some suggestions for young entrepreneurs. They always tell me to work on an effective business strategy. I have also understood that it is one of the most vital aspects of running a business. You need to define everything so that you and your team is ready to steer the business in the right direction. You cannot sit complaisant and must keep working on achieving the goals defined in the business strategy. Without the strategy, it is impossible to keep everything synchronised. So, here is an article that will tell you about developing a business strategy.   

https://www.business2sell.com.au/blogs/strategy/what-is-business-strategy-and-how-to-devise-it-in




Outside of Brisbane, these centres are booming. So why is there 'not a lot' for them in SEQ's $1.8b City Deal?

 The long-awaited south-east Queensland City Deal primarily funded existing public transport projects leaving Logan, Ipswich and Moreton Bay still facing major transport hurdles, one expert says. 

The $1.8 billion City Deal announced last week listed a host of projects to be delivered by the federal, state and local governments, targeting infrastructure, liveability and connectivity.

One new announcement was $450 million for a Brisbane Metro station at Woolloongabba, detouring the $1.2 billion Metro to connect with the Gabba Cross River Rail station.

Other major transport projects were already funded, such as a business case for Toowoomba-to-Brisbane passenger rail, and a $190 million green bridge in the Brisbane CBD.

Read More: https://www.abc.net.au/news/2022-03-28/seq-public-transport-challenges/100939888



EG buys stake in Brisbane suburban shopping centre for $215 million

 Managed property investment fund EG’s Australian Core Enhanced (ACE) Fund is now valued at more than $1 billion after it acquired a half stake in the Grand Plaza shopping centre in Browns Plains, Logan City as part of a deal understood to be worth $215 million.

Vicinity Centres (ASX: VCX) will hold onto the remaining 50 per cent of the centre, with agents CBRE claiming the sale represents further evidence of the heightened demand for suburban retail investment opportunities.

Just last week, Business News Australia reported the Benowa Gardens shopping centre on the Gold Coast sold at a 50 per cent premium to what former owner IJ Capital paid in early 2020, while neighbourhood and sub-regional shopping centre owner Shopping Centres Australasia Property Group (ASX: SCP) reported a 320 per cent profit lift in its latest half.

Read More: https://www.businessnewsaustralia.com/articles/stake-in-brisbane-suburban-shopping-centre-sold-for--215-million-to-eg.html




Brisbane-based tech startups FloodMapp, Codafication collaborate to help flood victims

 With a severe weather warning back in place this week and evacuation orders in place for parts of southern QLD and northern NSW, communities are once again dealing with a deluge of rain.

Hoping to play its part in the ongoing recovery of regions hit hard by floods, Brisbane-based tech startups FloodMapp and Codafication have joined forces to help reduce insurance response times so triage teams can efficiently pinpoint and prioritise high-risk claims.  

By providing real-time automation of where claimants are based relative to the floods, FloodMapp’s technology, which specialises in flood forecasting and inundation mapping, has been integrated with Codafication’s Crunchwork software to offer insurers a better understanding of which claims originate from the worst affected areas.

Read More: https://www.businessnewsaustralia.com/articles/brisbane-based-tech-startups-floodmapp-and-codafication-collaborate-to-help-flood-victims.html