Latest news with #TimHeath
ABC News
14-05-2025
- Business
- ABC News
Katri Uibu
The national children's commissioner calls for an inquiry into the $2 billion residential care system after an ABC investigation exposed children were being sexually exploited. 2h ago 2 hours ago Tue 13 May 2025 at 10:11pm An ABC investigation into the $2 billion residential care system finds children in three of the biggest states are being preyed upon by child sex abusers when they should be safe in state care. 20h ago 20 hours ago Tue 13 May 2025 at 3:27am Almost 10 years after being directed to regulate unregistered health practitioners to better protect the public, some parts of Australia still haven't got around to it. Thu 27 Feb Thu 27 Feb Thu 27 Feb 2025 at 2:49am There are renewed calls from local councillors and state MPs for Working with Vulnerable People cards to be made mandatory for elected officials. Wed 8 Jan Wed 8 Jan Wed 8 Jan 2025 at 8:57am The ABC speaks to those who took alternative and complementary medicines after a cancer diagnosis and asks how they navigated their beliefs. Wed 30 Apr Wed 30 Apr Wed 30 Apr 2025 at 1:23am Australian billionaire Tim Heath survived a kidnapping attempt by fighting off his alleged abductors who had pretended to be tradies painting the hallway of his apartment building. Thu 24 Oct Thu 24 Oct Thu 24 Oct 2024 at 9:04pm Ten months after their dream of becoming parents turned to tragedy, these families are still fighting a giant IVF company to find out what went wrong. Tue 25 Jun Tue 25 Jun Tue 25 Jun 2024 at 1:33am The headmaster of the private Sydney boys' school, which is preparing to go co-educational, supported a teacher who sent sexually explicit messages to a former female student. Thu 7 Mar Thu 7 Mar Thu 7 Mar 2024 at 9:57pm Travis Mathews' story has never been made public, until now. He's speaking out about his experience at Sydney's Cranbrook School as part of a Four Corners investigation. Tue 5 Mar Tue 5 Mar Tue 5 Mar 2024 at 2:47am As one of the most exclusive boys' schools prepares to go co-ed, women who worked there warn its culture is toxic and needs to change. Tue 5 Mar Tue 5 Mar Tue 5 Mar 2024 at 12:55am About 70,000 people live in Australia unlawfully. To avoid getting caught, Shan had to go underground — a path he warns no-one should walk. Sun 14 Jan Sun 14 Jan Sun 14 Jan 2024 at 10:07pm Despite working since her 16th birthday, Elaine retired with just $45,000 in superannuation. Research shows superannuation is the biggest driver of wealth inequality in Australia – and women have much less of it than men. Tue 2 Jan Tue 2 Jan Tue 2 Jan 2024 at 7:07pm Parents with violent children can face a heartbreaking decision: give them up or continue to live in danger. Experts say more needs to be done to help families facing complex situations. Sun 17 Dec Sun 17 Dec Sun 17 Dec 2023 at 6:47pm "Unsustainable workloads" and children with increasingly complex needs are among the reasons why more and more teachers are considering quitting, according to a new union survey. Fri 24 Nov Fri 24 Nov Fri 24 Nov 2023 at 8:42pm Lenah arrived at a local park, expecting to meet with a child protection worker she thought would help find her family accommodation, but instead she found police and departmental officials lining the street. Wed 25 Oct Wed 25 Oct Wed 25 Oct 2023 at 7:28pm The care of Tasmanian kids taken from their parents by child protection authorities should be outsourced, an inquiry finds, but some experts are worried. Wed 27 Sep Wed 27 Sep Wed 27 Sep 2023 at 10:15pm Child sexual abuse at Tasmania's only youth detention facility "remains a live and current risk" and not a historical problem, a two-year inquiry finds. The state premier says he would close it now if he could but there are no other options for housing child inmates. Wed 27 Sep Wed 27 Sep Wed 27 Sep 2023 at 2:04am Two families who sank their life savings into building their dream homes are unable to move in, with one family left living in a shed and the other couch-surfing. Mon 25 Sep Mon 25 Sep Mon 25 Sep 2023 at 8:40am Geoff is selectively mute and has a fragile X syndrome. When his mother engaged a disability service to take him to work, she didn't know it would use up almost all his NDIS funding. Wed 26 Jul Wed 26 Jul Wed 26 Jul 2023 at 1:53am Erika Vlasic received two reports about a home she wanted to buy. She said one came back with "no big issues", and the other found the property was suited to "demolition". Tue 11 Jul Tue 11 Jul Tue 11 Jul 2023 at 7:26pm Before buying her first home, Anna Jug wanted to exercise her right to have it inspected. It was one of the reasons she missed out on the sale. Thu 22 Jun Thu 22 Jun Thu 22 Jun 2023 at 11:53pm It's the biggest investment most people make, but in the "buyer beware" market, what you see is not always what you get, as these people found out. Thu 22 Jun Thu 22 Jun Thu 22 Jun 2023 at 4:24am Home owner Katy says she's been struggling to meet her loan demands, and fears losing her home. What are the steps between missing a payment and losing your property? Mon 15 May Mon 15 May Mon 15 May 2023 at 11:59pm Child safety departments knowingly leave some children with carers who have had serious concerns raised about them, insiders say. In some states, foster and kinship carers don't even have a working with children check. Tue 9 May Tue 9 May Tue 9 May 2023 at 7:45am Four-year-old Noah was born with profound deafness and has no verbal language. Since entering state care two years ago, he has no longer been able to access his NDIS funding, his grandmother says. Thu 23 Mar Thu 23 Mar Thu 23 Mar 2023 at 1:17am
USA Today
19-02-2025
- Business
- USA Today
Veteran Investor Tim Heath on Entrepreneurship, Crypto and AI
Veteran Investor Tim Heath on Entrepreneurship, Crypto and AI Tim Heath is no stranger to investing. For over a decade, he has brought to the table a unique approach to startup investing as founder of Yolo Group and now as GP and founder of its venture capital arm Yolo Investments which has over $500m assets under management and has made over 100 investments. He is one of Australia's most successful businessmen and focuses predominantly on the iGaming and crypto space. 2024 saw Heath take a step back from day-to-day operations at Yolo Group to provide high-level strategic business advisory and to focus his attention on Yolo Investments, which launched its second fund the previous year, attracting an impressive group of LP investors. Yolo Group's second fund is focusing its efforts on proven businesses. These often look to leverage AI and blockchain technologies for applications such as fintech and e-commerce. What Makes a Compelling Business? Throughout his career, Heath has been flooded with investment opportunities from budding entrepreneurs. He has always maintained the same approach to each conversation he has, be it during a conference call or on the golf course. 'Ultimately it comes down to whether or not the product solves a real-world problem. Most investors are of course passionate about their work, but I need to see they have put their blood, sweat and tears into it before I even consider investing', Heath explained. Yolo Investment's second fund, which launched in 2023, is focused on iGaming, fintech and blockchain. Its investments range from CoinMENA, a licensed digital assets marketplace based in Bahrain to Pave Bank, a Singapore-based bank leveraging blockchain technology to seamlessly transfer money across borders for customers. 'These recent Fund 2 investments demonstrate our intent to support global entrepreneurs as they look to make a real difference. New technologies bring about renewed opportunity to enhance customer experiences through new services and greater efficiency. Yolo Investments continues to actively support entrepreneurship in this exciting space', Heath asserted. AI and Crypto Heath is a long-term backer of cryptocurrency, with many of Yolo's investments focusing on the sector. He has spoken about regulation in the space and the need for governments to work with the technology, not against it, and has spent much of his recent time in the Middle East. This is a region where governments have parted with significant sums of cash to create the groundwork to enable the technology to thrive. 'Crypto is now an established technology. People get it and see its use cases; it is no longer on the fringes of society. I have met with senior leaders and experts in the Middle East in countries including Bahrain and the United Arab Emirates. It is always refreshing to see their detailed approaches to the technology and underlying passion to become the next respective global hubs in the space', Heath explained. With the election of Donald Trump and the role played by Elon Musk in the victory, AI and crypto markets jumped. Heath expects the election result to have major implications for technology as a whole and hopes it translates into greater entrepreneurship in the space. 'I'm not one for making predictions, and I stray away from all-things politics. Nonetheless, there is a clear overlap between policy and tech entrepreneurship. I think there are clear opportunities for the technology sector in the next few years especially for those willing to navigate the choppy waters associated with changing politics and regulation. This is especially the case when it comes to AI and crypto, areas which will see heightened areas of focus from all angles in the years to come', said Heath. Advice for Entrepreneurs Investors like Heath are inundated with investment proposals which all tend to say similar things. They promise major returns on investment and often claim nobody else in the industry has such a product. Knowing how to separate the top ideas from all this noise can be challenging but is something Heath and his close-knit team focus on every day. 'To be an entrepreneur, you must be a hustler to the very core of your being. Networking, selling yourself, confidence – These are all central components for a good hustler. Nothing in life will ever be served directly to you on a plate. Prove to me you know the business and industry inside out. Ask interesting questions, have a bit of a backbone and be ready to listen to constructive thoughts', Heath explains. 'Yolo is, and always will be, founder focused. I need to see deeply embedded passion that differentiates you from the crowd. Everyone wants to solve problems and be rewarded financially, but I'm after proven concepts and those who seek business connections and high-level advisory. This is where I see my main value and the area I am spending my time on', Heath concludes. *Investing involves risk, and your investment may lose value. Past performance gives no indication of future results. These statements do not constitute and cannot replace investment advice.
