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CONTENTS REGULARS
FEATURES
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SPECIAL FEATURE – BANKING 8 Introducing the new generation of small businesses By Cathy Yuncken 11 Banks challenged to become ethical leaders By Kate Carnell
BUSINESS FOCUS 15 How do you disrupt a $7-trillion industry? By Anthony Millet 24 Three tips for turning your side-hustle into a success story By Tara Commerford 30 The mistake a CEO can make in 2017? Not becoming a data scientist By Michael Stone 36 The changing face of employment 42 When preference takes priority: The emergence of mobile messaging By Rurik Bradbury
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BUSINESSFIRST MAGAZINE
Unity is itself a power With the philosophy of unity in mind, entrepreneur Daniel Hakim founded the Club of United Business (CUB), a private business club for likeminded business people to connect with and facilitate each other to become the person they aspire to be.
46 The ones to watch: the biggest business risks of 2017 at home and abroad By Lambros Lambrou 55 Online wine retailer has a crack at international market By Dean Taylor 56 The Fear of Change By Ash Dhanak 66 When the hunter becomes the hunted – what really makes a disruptive business model? By Ray Ridgeway 70 The Seven Cs of leadership By David Byrum 82 Is Australia actually open for business? By Greg Travers
4 Editor’s Desk 5 News
12 The rise – and death – of the machine By Anthony Mitchell 16 Global payments - simplifying the international student experience in Australia By Mark Davis 18 Smarter living: from the office to home By Stuart Craig
COVER STORY
INVESTMENT FOCUS 61 The Investment Case for the Big 4 By Gabriel Yi
PROPERTY FOCUS
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51 Retailers set for more change & rising liability levels with new accounting standards By Simon Fonteyn 75 North West tipped to be Sydney’s next investment hot spot By Ian Bennett 79 Hometime raises $1.5m funding to accelerate marketing and launch in new markets
LIFESTYLE
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87 The Leader’s Bookshelf By Daniel Taylor 92 Health Guide to men’s health 50 and forward By Jo Formosa 94 Travel Beyond the wineries 96 Fast Lane Mercedes-AMG S 63 4MATIC+ www.businessfirstmagazine.com.au