Business News Australia reports on business news, trends, and profiles for Adelaide business owners, executives and entrepreneurs.
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Lindeman Island sells to offshore investor but Aussie rich-listers still going ‘troppo’
Queensland island resorts, including the newly listed Pumpkin Islan...
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Viva Energy looks to buy SA’s OTR Group for $1.15 billion
Viva Energy (ASX: VEA), a major Australian fuel supplier and the op...
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Estia Health opens books to Bain Capital after rejecting $775m offer
Aged care operator Estia Health (ASX: EHE) has opened its books to ...
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Mercer completes merger with Westpac’s BT Super
Announced almost one year ago, the merger between Westpac’s (...
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AirTree backs AI content creation platform Narrato in $1.4 million pre-seed round
A tech company allowing marketers and creatives to generate content...
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Brazillian cosmetics giant sells Melbourne-founded Aesop to L’Oréal in $3.7 billion deal
The Brazil-based parent of luxury skincare brand Aesop has sold the...
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Owner of Millers, Katies appoints administrators to EziBuy
What began as a $1 turnaround punt on a "little unloved" ...
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Electro Optic Systems secures $120m deal to supply remote weapon systems to Ukraine
Shares in defence and communications company Electro Optic Systems ...
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Australian app developers to fight Apple, Google in class action lawsuit
Australian app developers are joining a class action lawsuit agains...
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Coles buys two milk processing facilities in $105m deal with Saputo Dairy Australia
In a move to secure steady supply for its own-brand milk label, sup...
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LuminaX unveils majority-female 2023 HealthTech Accelerator cohort
From helping orthopaedic surgeons virtually plan surgeries to impro...
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HealthCo raising $320m to fund $1.2b acquisition of Healthscope hospitals
HealthCo Healthcare and Wellness REIT (ASX: HCW), a property invest...
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US giant Sentinel grows its Australian build-to-rent portfolio with a first for Adelaide
US property giant Sentinel Real Estate Corporation has expanded its...
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Medibank shareholders launch new class action over cyberattack
Private health insurer Medibank (ASX: MPL) has been hit with a thir...
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Musk, Wozniak, tech leaders sign open letter calling for pause on “out-of-control” AI development
An open letter signed by more than 1,000 artificial intelligen...
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Meriton guest database "not compromised" in data hack
Billionaire Harry Triguboff's hotel and property empire Meriton...
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Sydney startup Vow Food creates the world’s first lab-grown meat made from extinct mammoth
The creation of a mammoth meatball has triggered global discussion ...
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Healius takes ‘misleading’ Australian Clinical Labs proposal to Takeovers Panel
The conditions of a $1.58 billion bid from Australian Clinical Labs...
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What the chocolate brands that score best on child labour and the environment have in common
What distinguishes a company that makes “good” chocolat...
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Origin Energy accepts $18.7 billion deal from Brookfield consortium
Origin Energy (ASX: ORG) has today accepted an $18.7 billion t...
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Gordon Legal and Hayden Stephens and Associates team up to investigate Latitude legal action
Two Australian law firms have joined forces to investigate the poss...
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Latitude reveals nearly 8 million drivers licence numbers were stolen in cyber attack
The fallout from a cyber attack on personal loans firm Latitude (AS...
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White Lady Funerals owner knocks back $1.8 billion takeover bid from TPG
Funeral services provider InvoCare Limited (ASX: IVC) has denied TP...
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Shining a spotlight on Australia’s ‘hidden gem’: Deep tech
From the creation of WiFi to the cochlear implant, Australian innov...
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Afterpay owner Block Inc shares slammed following savage short seller report
Shares in NASDAQ-listed Block Inc. (NASDAQ: SQ) - formerly Square -...
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Aged care operator Estia Health receives $775m takeover offer from Bain Capital
One of Australia’s largest residential aged care providers, E...
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Invest Inya Farmer turns a shopping list of farm produce into a new investment class
Victorian-based startup Invest Inya Farmer (IIF), armed with $1.1 m...
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Board exodus at Nitro software as five directors depart, Potentia takes over
A Melbourne-founded software group that took on Adobe in the pdf ma...
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How the departure of ‘VC tourists’ has opened the door for committed early-stage investors
After a boom that saw investors of all stripes throw money at buddi...
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Struggling WA business puts Brickworks profit under strain
A record underlying first half profit for Brickworks (ASX: BKW) has...
