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Federal Court fines Mercer Australia $12m over fees for no service
The Australian arm of financial services giant Mercer has been slapped with a $12 million penalty after it was found to be wrongly billing thousands of its customers for se...
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Lovers, not fighters: Mr Yum and me&u consummate hospitality merger
Two leading Australian companies that have upended the status quo i...
TechnologyGold coast business newsBrisbane Business NewsMelbourne Business NewsSydney Business NewsMergers & Acquisition
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New research shows how Indigenous-owned businesses are creating better outcomes for their employees
We are seeing more Indigenous businesses in Australia. This is impo...
Gold coast business newsBrisbane Business NewsAdelaide Business NewsMelbourne Business NewsSydney Business NewsPerth Business NewsSustainability & Social Responsibility
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EML Payments’ revenue surges but $20m cash burn too much for some
Global card payments provider EML Payments (ASX: EML) has seen a su...
Gold coast business newsBrisbane Business NewsAdelaide Business NewsMelbourne Business NewsSydney Business NewsPerth Business NewsTrending News
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Dealtracker shows SME reluctance to sell and higher earnings multiples for small targets
Small-to-medium enterprises (SMEs) continue to be the engine room o...
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Goyder bows to pressure with plans to retire as Qantas chairman next year
Qantas Airways (ASX: QAN) chairman Richard Goyder has bowed to publ...
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ALIAVIA Ventures backed by heavy hitters in $13.5m raise for female-founded tech startups
US-based venture capital firm ALIAVIA Ventures has closed a $13.5 m...
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GYG’s largest shareholder tightens grip on leadership as former Accent head joins founder as co-CEO
Guzman y Gomez’s largest shareholder has tightened its grip o...
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Mannu Kala retains the crown as Gold Coast Young Entrepreneur of the Year
"We had a good spike of opportunistic business in the pandemic...
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Body Science, Humble Group save Halo Food Co facility in Sydney
More than a month after falling into voluntary administration, form...
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Gold Coast Young Entrepreneur Awards to put local talent in the spotlight
It has now been a year since the revelry of the 2022 Gold Coast You...
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Li-S Technology, V-TOL Aerospace and Halocell team up to develop high-altitude drones
A partnership has been forged between three Australian companies sp...
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Digital sales take a $2.9b hit in the third quarter but travel spending still flying high
Digital business turnover in Australia took a $2.9 billion hit in t...
Trending News
EML Payments’ revenue surges but $20m cash burn too much for some
Global card payments provider EML Payments (ASX: EML) has seen a su...
Longhurst keeps growing his Gold Coast ‘field of dreams’ as marine industry booms
Tony Longhurst has put the pedal to the metal at his ‘field o...
Abrupt departure for Ecofibre CEO Eric Wang
Eric Wang, the longstanding CEO and managing director of Ecofibre (...
Singapore giant LDC explores $105m takeover bid for Namoi Cotton
Namoi Cotton (ASX: NAM) looks set to be absorbed by one of its majo...
Adore Beauty shares surge despite rejecting $122m bid from UK online retailer THG
Shares in online beauty products retailer Adore Beauty Group (ASX: ...
Prop-tech Soho hits $20m valuation after Singapore’s Feedback Ventures buys in
A $750,000 equity investment by Singapore prop-tech fund Feedback V...
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Australian privately-held medicinal cannabis company PharmaCann Global Pty Ltd is once ...
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Entrepreneurship
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CBA data shows surge in Millennial, Gen Z business accounts
Young entrepreneurs accounted for the majority of new business account openings at Commonwealth Bank (ASX: CBA) in FY23 at 63.3 per cent, citing extra income and freed...
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2023 Australian Young Entrepreneur of the Year revealed
In the strongest year ever for the Melburnian contingent in th...
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Hobart edtech startup MyTeacherAide launches AI-powered tool for teachers
A Hobart-based ed-tech startup founded by two Tasmanian teachers ha...
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Boomerang Labs selects 13 NSW circular economy startups for latest accelerator program
Thirteen NSW businesses creating innovations from a reusable pallet...
MERGERS AND ACQUISITIONS
Lovers, not fighters: Mr Yum and me&u consummate hospitality merger
Two leading Australian companies that have upended the status quo i...
)
Sunshine Coast icon Beefy's Pies acquired by RFG for $10 million
The owners of award-winning Sunshine Coast family pie shop chain Be...
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Adelaide’s Codan fortifies tactical comms division with $21m deal for US-based Wave Central
Adelaide-based technology company Codan (ASX: CDA) is poised to wra...
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Retail
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Black Friday sales double for furniture e-retailer Temple & Webster
After revenue went backwards in FY23 with the silver lining of a re...
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Adore Beauty shares surge despite rejecting $122m bid from UK online retailer THG
Shares in online beauty products retailer Adore Beauty Group (ASX: ...
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Cult women’s shoe brand Frankie4 opens permanent store in Seattle
Cult women’s footwear brand Frankie4 has expanded its presenc...
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Online fashion brand LSKD locks in more store openings after a year of growth
Online activewear retailer LSKD continues to spread its wings in th...
Opinion
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Should businesses consult shareholders before taking a stand on social issues?
In 2017 many businesses took a stand on the Australian marriage equ...
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Why Google and Meta owe news publishers much more than you think
In a time of war and populism, the world needs quality information ...
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Optus blackout explained: what is a ‘deep network’ outage and what may have caused it?
Optus customers woke up this morning to find they were unable to ge...
CAPITAL RAISING & FINANCE
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Early-stage startup backer Happenco secures $12m to fund founders
Australian venture investment and advisory firm Happenco has announ...
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'AI brain for banks' Rich Data Co raises US$17.5m Series B
A Sydney-headquartered tech company styling itself as an "AI b...
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Fintech WLTH acquires Mortgage Mart of Australia after $14m raise
The loan book at Brisbane-headquartered fintech WLTH has ballooned ...
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Prop-tech Soho hits $20m valuation after Singapore’s Feedback Ventures buys in
A $750,000 equity investment by Singapore prop-tech fund Feedback V...
Leadership
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Abrupt departure for Ecofibre CEO Eric Wang
Eric Wang, the longstanding CEO and managing director of Ecofibre (...
Should businesses consult shareholders before taking a stand on social issues?
In 2017 many businesses took a stand on the Australian marriage equ...
)
Optus service outage takes down embattled CEO Bayer Rosmarin
The fallout from the Optus service outage two weeks ago has taken d...
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Property
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Makris Group gets the nod for $500m plan to add hotel and apartments to Marina Mirage
A luxury boutique hotel and residential apartments are set to join ...
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McGrath forecasts 40pc lift in underlying profit amid challenging conditions
Real estate agency operator McGrath (ASX: MEA) has forecast a 40 pe...
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Bob Ell’s Leda Holdings sells Sydney industrial asset for $70m to Centuria’s $500m Starwood fund
Billionaire developer Bob Ell has offloaded a Sydney logistics prop...
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Gurner gains approval for $150m Burleigh Heads project amid builder shortage
Fresh from defending rumours that its $1.5 billion La Pelago develo...
Health
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Comms, cyber and AI startups soar in Deloitte's Tech Fast 50
Medicinal cannabis digital appointments and delivery company Montu ...
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Health management platform Splose raises half its $3m Series A target in 24 hours
Allied-health industry management platform Splose has secured half ...
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Dental Boutique founders win Melbourne Young Entrepreneur of the Year Award for third time running
Dental Boutique is the gift that keeps on giving for its founders, ...
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AI-driven medtech Heidi raises $10m in Series A to tackle GP shortage
Heidi, a medtech platform that is tackling the looming shortage of ...
Technology
Lovers, not fighters: Mr Yum and me&u consummate hospitality merger
Two leading Australian companies that have upended the status quo i...
'AI brain for banks' Rich Data Co raises US$17.5m Series B
A Sydney-headquartered tech company styling itself as an "AI b...
Adelaide’s Codan fortifies tactical comms division with $21m deal for US-based Wave Central
Adelaide-based technology company Codan (ASX: CDA) is poised to wra...
)
Australian banks to roll out new payee system to tackle ‘global scam epidemic’
In a bid to protect Australians from the ‘global scam epidemi...
Legal
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RACQ Insurance fined $10m for failing customers on discount promises
The insurance arm of the member-owned Royal Automobile Club of...
Federal Court fines Mercer Australia $12m over fees for no service
The Australian arm of financial services giant Mercer has been slap...
)
AMP shares surge after agreeing to pay $100m to settle financial advisers’ class action
Financial services group AMP (ASX: AMP) has agreed to pay $100 mill...
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With the US reporting season just around the corner, it pays to know when exactly to gi...
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Binance Australia has announced the launch of its new video series ‘CryptoTax 101...
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Do you have the budget to recover from a cyber attack? That could mean paying expe...
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Diversified financial services group Finexia Financial (ASX: FNX) has delivered a solid...
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