Business News Australia reports on business news, trends, and profiles for Adelaide business owners, executives and entrepreneurs.

ACCC throws a spanner in the works for Louis Dreyfus in its bid for Namoi Cotton

ACCC throws a spanner in the works for Louis Dreyfus in its bid for Namoi Cotton

The takeover plans of Singapore’s Louis Dreyfus Company (LDC)...

Tinder co-founder backs viral Aussie job swiping app Getahead

Tinder co-founder backs viral Aussie job swiping app Getahead

"There's no one I can't reach out to," says Getah...

Aussie-founded Cover Genius raises $119m in Series E round amid rapid growth for insurtech

Aussie-founded Cover Genius raises $119m in Series E round amid rapid growth for insurtech

Cover Genius, a US-based insurtech founded by former Australian tra...

Pizza Hut hit with $2.5m penalty for sending spam emails and texts to customers

Pizza Hut hit with $2.5m penalty for sending spam emails and texts to customers

Pizza Hut Australia’s operator Pizza Pan Group has been fined...

Southern Cross Media board not keen to sacrifice LiSTNR podcast holdings for complex ARN takeover

Southern Cross Media board not keen to sacrifice LiSTNR podcast holdings for complex ARN takeover

Sacrificing full ownership of Australia's largest and fastest-g...

ATO crackdown on tax debts leads to 50pc spike in insolvencies above pre-COVID levels

ATO crackdown on tax debts leads to 50pc spike in insolvencies above pre-COVID levels

Tax debt has emerged as one of the biggest drivers of corporat...

Chalmers is bitten by the giveaway bug in a budget that contains good news for almost everyone

Chalmers is bitten by the giveaway bug in a budget that contains good news for almost everyone

Treasurer Jim Chalmers has been bitten by the giveaway bug. This bu...

Qantas abandons Shanghai route as China visitor market struggles to recover

Qantas abandons Shanghai route as China visitor market struggles to recover

In a sign that the Chinese visitor market to Australia continues to...

Openn Negotiation calls administrators a week after $1.3m bid for prop-tech Proffer Group

Openn Negotiation calls administrators a week after $1.3m bid for prop-tech Proffer Group

A week after announcing plans to acquire prop-tech Proffer Group fo...

Ecofibre sells advanced tech facility to shore up US$10.4m, appoints new leadership

Ecofibre sells advanced tech facility to shore up US$10.4m, appoints new leadership

Sydney-headquartered medicinal cannabis and hemp-derived advanced t...

Game developer Mighty Kingdom culls jobs in the hope of profitability

Game developer Mighty Kingdom culls jobs in the hope of profitability

After recently announcing an $8.2 million capital raise that its CE...

Southern Cross Media frustrated as Anchorage pulls out of $250m takeover bid with ARN Media

Southern Cross Media frustrated as Anchorage pulls out of $250m takeover bid with ARN Media

Deteriorating conditions for the regional television market has sca...

“The system is broken”: Victims of Latitude data breach left unanswered by OAIC

“The system is broken”: Victims of Latitude data breach left unanswered by OAIC

More than a year since announcing it would launch a class-action la...

Tritium operations "stabilised" as EV players show interest in potential transaction

Tritium operations "stabilised" as EV players show interest in potential transaction

Receivers and managers for embattled electric vehicle (EV) fast-cha...

Court dismisses longstanding CBA class actions over continuous disclosure

Court dismisses longstanding CBA class actions over continuous disclosure

After more than six years of legal proceedings alleging Australia...

Adamantem pips IPH to the post with takeover deal for QANTM Intellectual Property

Adamantem pips IPH to the post with takeover deal for QANTM Intellectual Property

When asked to choose between holding shares in competitor and suito...

Out with the bathwater: Baby Bunting shares plunge amid sales slump

Out with the bathwater: Baby Bunting shares plunge amid sales slump

Reports of consumers trading down and a stalled recovery have spook...

More fintech capital raises unannounced than announced in 2023

More fintech capital raises unannounced than announced in 2023

Data compiled by Techboard from Australian Securities and Investmen...

"Exceptional result" for realestate.com.au owner REA Group as buy listings surge

"Exceptional result" for realestate.com.au owner REA Group as buy listings surge

Realestate.com.au operator REA Group (ASX: REA) has reported a 24 p...

John Holland Group leads nation in construction project starts by value

John Holland Group leads nation in construction project starts by value

Melbourne-headquartered, Chinese-owned John Holland has taken the n...

Perpetual to be a ‘leaner asset play’ after $2.2b sale of key divisions to KKR

Perpetual to be a ‘leaner asset play’ after $2.2b sale of key divisions to KKR

Australian investment group and asset manager Perpetual (ASX: PPT) ...

Australian retail industry's peak bodies seal merger agreement for the ‘greater good’

Australian retail industry's peak bodies seal merger agreement for the ‘greater good’

After several years toying with the idea, Australia’s peak re...

Olivia Colman, John Lithgow to star in South Australian film Jimpa

Olivia Colman, John Lithgow to star in South Australian film Jimpa

South Australian screen industry talent is teaming up with Golden G...

IPH joins race for QANTM Intellectual Property with $265m offer

IPH joins race for QANTM Intellectual Property with $265m offer

Long-term shareholders in QANTM Intellectual Property (ASX: QIP) ma...

Bonza’s chances of flying take a hit as repossession of its Boeing fleet set to proceed

Bonza’s chances of flying take a hit as repossession of its Boeing fleet set to proceed

The chances of embattled budget carrier Bonza Airlines flying anyti...

Major supermarket fruit and veg supplier Southern Cross Produce calls in administrators

Major supermarket fruit and veg supplier Southern Cross Produce calls in administrators

High debt levels and insufficient working capital have pushed one o...

"Monumental step": STRONG Pilates to open second global HQ in California

"Monumental step": STRONG Pilates to open second global HQ in California

Born in Melbourne and now with 55 studios worldwide, fast-growing f...

Australian horse gut health pioneer Poseidon enters US market

Australian horse gut health pioneer Poseidon enters US market

From its origins as a husband and wife applying their pharmaceutica...

Shock sacking of Australian Vintage CEO puts merger plans with Accolade Wines in turmoil

Shock sacking of Australian Vintage CEO puts merger plans with Accolade Wines in turmoil

Australian Vintage (ASX: AVG) and its potential merger with Austral...

Qantas to repay passengers $20m for cancelled flights and faces $100m fine

Qantas to repay passengers $20m for cancelled flights and faces $100m fine

Qantas Airways (ASX: QAN) has agreed to pay about $20 million to mo...