Hotel and cinema struggles put EVENT $48m in the red despite record Thredbo result

Hotel and cinema struggles put EVENT $48m in the red despite record Thredbo result

Hotel and resort earnings fell by 45 per cent while lockdowns cut the bottom line for its cinemas in Australia and Germany by almost $59 million, but EVENT Hospitality & Entertainment (ASX: EVT...

Lockdown to lift tonight for Albury and Lismore

Lockdown to lift tonight for Albury and Lismore

Stay-at-home orders introduced last week for the New South Wales lo...

NSW risks a second larger COVID peak by Christmas if it eases restrictions too quickly

NSW risks a second larger COVID peak by Christmas if it eases restrictions too quickly

New South Wales plans to relax restrictions when vaccination target...

Australians set to spend $11 billion on Christmas gifts this year

Australians set to spend $11 billion on Christmas gifts this year

Sales of Christmas presents are expected to hit $11 billion this ye...

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NBA star and Rüfüs Du Sol back QR code menu startup Mr Yum in $11m round

NBA star and Rüfüs Du Sol back QR code menu startup Mr Yum in $11m round

Before the concept of social distancing entered the lexicon and p...

As Digital Wine Ventures sips success, CEO can't see growth slowing any time soon

As Digital Wine Ventures sips success, CEO can't see growth slowing any time soon

In October 2018, a Chinese market-oriented wine merchant then kno...

Archistar raises $6m to take intelligent property planning tech global

Archistar raises $6m to take intelligent property planning tech global

"We believe the partnership with the Victoria State governme...

Centuria and Primewest look to merge as property behemoth with $15.5 billion in assets

Centuria and Primewest look to merge as property behemoth with $15.5 billion in assets

Two leading Australian property companies aim to combine more tha...

Blackstone Australian logistics portfolio sold for $3.8 billion

Blackstone Australian logistics portfolio sold for $3.8 billion

An ESR Australia and GIC joint venture has acquired Blackstone...

Federal Court finds Google misled consumers on data collection

Federal Court finds Google misled consumers on data collection

The Federal Court has found Google misled consumers about persona...

Mayne Pharma breakthrough as FDA approves new contraceptive with plant-based estrogen

Mayne Pharma breakthrough as FDA approves new contraceptive with plant-based estrogen

A bet made by Mayne Pharma (ASX: MYX) in 2019 has paid off today ...

Zip Co raises $400 million for international expansion

Zip Co raises $400 million for international expansion

Zip Co (ASX: Z1P) has priced $400 million of senior convertible n...

Qantas takes $429m earnings hit from lockdowns

Qantas takes $429m earnings hit from lockdowns

Qantas Airways (ASX: QAN) is getting close to its usual cruising ...

Netball Queensland and Queensland Firebirds announce official technology partner, Blackbook.ai
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Entrepreneurship

Airwallex now valued at $5.5 billion following oversubscribed Series E

Airwallex now valued at $5.5 billion following oversubscribed Series E

Fintech platform Airwallex today announced it has raised US$200 million (AUD$275 million) in an oversubscribed Series E financing round, increasing the company’s valuation to US$4 billion (AU...

Canva valuation more than doubles to $55 billion in five months

Canva valuation more than doubles to $55 billion in five months

Global graphic design platform Canva continues to be one of the fas...

NFT technology company Immutable locks in $82m Series B

NFT technology company Immutable locks in $82m Series B

Gaming and digital asset technology business Immutable has today an...

Who Gives A Crap brings on first investors with $41.5m raise

Who Gives A Crap brings on first investors with $41.5m raise

Some of Australia’s most high profile investors have jumped o...

Companies

Zip edges into India via investment in BNPL player ZestMoney

Zip edges into India via investment in BNPL player ZestMoney

Australian buy-now pay-later (BNPL) company Zip Co (ASX: Z1P) is te...

APA throws hat in the ring with bid for AusNet, beats Brookfield's proposal by $382m

APA throws hat in the ring with bid for AusNet, beats Brookfield's proposal by $382m

The race to take control of Melbourne-based AusNet Services (ASX: A...

$15m raised in Series A for Flippa, the world's leading digital marketplace for selling businesses

$15m raised in Series A for Flippa, the world's leading digital marketplace for selling businesses

As an online marketplace for buying and selling business with more ...

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Retail

Myer roars back with $46m profit as online sales continue to surge

Myer roars back with $46m profit as online sales continue to surge

Department store group Myer Holdings has defied ongoing business di...

Australians set to spend $11 billion on Christmas gifts this year

Australians set to spend $11 billion on Christmas gifts this year

Sales of Christmas presents are expected to hit $11 billion this ye...

Mosaic Brands to raise $32 million

Mosaic Brands to raise $32 million

After entering into a trading halt last week on the back of a retur...

Australia Post parcel pause on Father's Day weekend shows need for logistics diversification

Australia Post parcel pause on Father's Day weekend shows need for logistics diversification

While some Australian businesses were blindsided by Australia Post&...

 

Leadership

Bevan Slattery to step down as chair of Superloop

Bevan Slattery to step down as chair of Superloop

The founder and chairman of Superloop (ASX: SLC), Bevan Slattery, h...

Former Telstra CEO Ziggy Switkowski to chair Crown Resorts

Former Telstra CEO Ziggy Switkowski to chair Crown Resorts

A well-known Australian businessman will take the helm at embattled...

Oliver's largest shareholders lend own money to keep company alive

Oliver's largest shareholders lend own money to keep company alive

"Oliver's Real Foods does have a future once lockdowns a...

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Property

CBA, Antler lead $25m Series B raise for property management company :Different

CBA, Antler lead $25m Series B raise for property management company :Different

Motivated by its founders' desire to improve communication and ...

Hotel Property Investments and Good Drinks Australia pick up pub assets

Hotel Property Investments and Good Drinks Australia pick up pub assets

Two ASX-listed companies have picked up pubs this week, with Hotel ...

The Star's new $400m Gold Coast tower tops out

The Star's new $400m Gold Coast tower tops out

The Star Entertainment Group’s (ASX: SGR) $400 million tower,...

HomeCo fund in $222m shopping centre acquisition spree

HomeCo fund in $222m shopping centre acquisition spree

HomeCo Daily Needs REIT (ASX: HDN) is rattling the tin to fund $222...

Health

Rhinomed shares spike again as Victoria orders 1 million nasal swabs

Rhinomed shares spike again as Victoria orders 1 million nasal swabs

Shares in wearable nasal and respiratory technology company Rhinome...

It's R U OK? Day: Here's how to ensure your employees are feeling cared for

It's R U OK? Day: Here's how to ensure your employees are feeling cared for

With many workplaces split apart this year, the importance of R U O...

UK group expands into Australian telehealth sector with $11m deal for GP2U Telehealth

UK group expands into Australian telehealth sector with $11m deal for GP2U Telehealth

Doctor Care Anywhere Group Plc (ASX: DOC), an Australian-listed UK-...

Young Entrepreneur's pivot to telehealth the right medicine during pandemic

Young Entrepreneur's pivot to telehealth the right medicine during pandemic

After making a successful exit from his full-service digital agency...

Technology

Microsoft users warned of new high-risk vulnerability

Microsoft users warned of new high-risk vulnerability

The Australian Cyber Security Centre (ACSC) has warned of a high-ri...

GPS tracker AirBolt locks in $2m with seed round to bolster global presence

GPS tracker AirBolt locks in $2m with seed round to bolster global presence

Melbourne-founded company AirBolt, whose GPS-powered travel locks a...

Aussie Broadband goes full throttle with $114m placement

Aussie Broadband goes full throttle with $114m placement

Aussie Broadband (ASX: ABB) has set itself up for mergers &amp...

Microsoft snares fast-growing Brisbane video editing startup Clipchamp

Microsoft snares fast-growing Brisbane video editing startup Clipchamp

Rapidly growing Brisbane-based video editing software startup Clipc...

Legal

Former Vocus chair hit with insider trading charges

Former Vocus chair hit with insider trading charges

Vaughan Bowen, the former chairman of telecommunications company Vo...

Members Alliance directors and lawyer face court on 72 criminal charges

Members Alliance directors and lawyer face court on 72 criminal charges

A swag of criminal charges has been levelled against four directors...

Allianz and AWP to pay $1.5m penalty over misleading sale of travel insurance

Allianz and AWP to pay $1.5m penalty over misleading sale of travel insurance

Insurance giant Allianz and its related arm AWP Australia (AWP) hav...

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Finance

Douugh to list on US market ahead of proposed NASDAQ play

Douugh to list on US market ahead of proposed NASDAQ play

Money management fintech Douugh (ASX: DOU) hopes to access a deeper...

Suncorp taking on BNPL market with Visa partnership

Suncorp taking on BNPL market with Visa partnership

Suncorp Group (ASX: SUN) is the latest financial services giant to ...

BNPL giants Afterpay and Zip Co report bumper FY21 as young consumers ditch the credit card

BNPL giants Afterpay and Zip Co report bumper FY21 as young consumers ditch the credit card

In what is likely to be Afterpay’s (ASX: APT) final full year...

Buy-now pay-later user numbers soar for Latitude, profits up as loans business climbs

Buy-now pay-later user numbers soar for Latitude, profits up as loans business climbs

Four months after listing on the ASX, financial services company La...

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Fintech ramping up for personal investors
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VIN. For most people it is either the French word for wine, or the number on a car ...
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Medicision reaches deal to provide avatar-driven precision cancer treatment
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Sydney-based healthcare company Medicision has announced a new partnership allow...
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How the New Payments Platform is changing the way we bank
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The New Payments Platform (NPP) has significantly changed everyday banking over the l...
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Accessible online courses pave path to pandemic recovery
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Businesses and organisations across the country are lending a hand where they can dur...
UNIVERSITY OF QUEENSLAND