Techtronic slapped with record $15m fine for resale price maintenance

Techtronic slapped with record $15m fine for resale price maintenance

The Australian arm of Hong Kong-based supplier Techtronic has been ordered to pay a $15 million fine after it was found to be engaging in resale price maintenance with Milw...

Techtronic slapped with record $15m fine for resale price maintenance

Techtronic slapped with record $15m fine for resale price maintenance

The Australian arm of Hong Kong-based supplier Techtronic has been ...

7-Eleven Australia acquired for $1.7 billion

7-Eleven Australia acquired for $1.7 billion

Convenience store giant 7-Eleven Australia is set to be sold f...

United Airlines now king of the US route with new service from Brisbane to LA

United Airlines now king of the US route with new service from Brisbane to LA

United Airlines has upped the ante for its services into Australia ...

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Federal Court fines Mercer Australia $12m over fees for no service

Federal Court fines Mercer Australia $12m over fees for no service

The Australian arm of financial services giant Mercer has been slap...

Japan receives Australia-first trial of QLD-grown melons and 'Ecoganic' bananas

Japan receives Australia-first trial of QLD-grown melons and 'Ecoganic' bananas

In a global banana market dominated by lower-cost exporters like Ec...

Top founders Gold Coast-bound to celebrate 2023 Australian Young Entrepreneur Awards

Top founders Gold Coast-bound to celebrate 2023 Australian Young Entrepreneur Awards

The Gold Coast will be abuzz tomorrow night as finalists for the Au...

The Star’s deadline for licence suspension extended as Queensland approves remediation plan

The Star’s deadline for licence suspension extended as Queensland approves remediation plan

The Star Entertainment Group (ASX: SGR) has secured Queensland Gove...

Australian banks to roll out new payee system to tackle ‘global scam epidemic’

Australian banks to roll out new payee system to tackle ‘global scam epidemic’

In a bid to protect Australians from the ‘global scam epidemi...

Makris Group gets the nod for $500m plan to add hotel and apartments to Marina Mirage

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 ...

Hobart edtech startup MyTeacherAide launches AI-powered tool for teachers

Hobart edtech startup MyTeacherAide launches AI-powered tool for teachers

A Hobart-based ed-tech startup founded by two Tasmanian teachers ha...

Fitness tech Evolt 360 secures supplier agreement with Canadian giant GoodLife Fitness

Fitness tech Evolt 360 secures supplier agreement with Canadian giant GoodLife Fitness

Australian fitness technology company Evolt 360 is ramping up its g...

AMP shares surge after agreeing to pay $100m to settle financial advisers’ class action

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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Entrepreneurship

Black Friday no "be all and end all" for sales as marketing costs bite

Black Friday no "be all and end all" for sales as marketing costs bite

November is often dubbed the new December of retail sales with Black Friday as the jewel in the online crown, but the market has become more saturated in the past year with...

CBA data shows surge in Millennial, Gen Z business accounts

CBA data shows surge in Millennial, Gen Z business accounts

Young entrepreneurs accounted for the majority of new business acco...

2023 Australian Young Entrepreneur of the Year revealed

2023 Australian Young Entrepreneur of the Year revealed

In the strongest year ever for the Melburnian contingent in th...

Hobart edtech startup MyTeacherAide launches AI-powered tool for teachers

Hobart edtech startup MyTeacherAide launches AI-powered tool for teachers

A Hobart-based ed-tech startup founded by two Tasmanian teachers ha...

MERGERS AND ACQUISITIONS

7-Eleven Australia acquired for $1.7 billion

7-Eleven Australia acquired for $1.7 billion

Convenience store giant 7-Eleven Australia is set to be sold f...

Lovers, not fighters: Mr Yum and me&u consummate hospitality merger

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

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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Retail

Black Friday no "be all and end all" for sales as marketing costs bite

Black Friday no "be all and end all" for sales as marketing costs bite

November is often dubbed the new December of retail sales with Blac...

Black Friday sales double for furniture e-retailer Temple & Webster

Black Friday sales double for furniture e-retailer Temple & Webster

After revenue went backwards in FY23 with the silver lining of a re...

Adore Beauty shares surge despite rejecting $122m bid from UK online retailer THG

Adore Beauty shares surge despite rejecting $122m bid from UK online retailer THG

Shares in online beauty products retailer Adore Beauty Group (ASX: ...

Cult women’s shoe brand Frankie4 opens permanent store in Seattle

Cult women’s shoe brand Frankie4 opens permanent store in Seattle

Cult women’s footwear brand Frankie4 has expanded its presenc...

 

Opinion

Should businesses consult shareholders before taking a stand on social issues?

Should businesses consult shareholders before taking a stand on social issues?

In 2017 many businesses took a stand on the Australian marriage equ...

Why Google and Meta owe news publishers much more than you think

Why Google and Meta owe news publishers much more than you think

In a time of war and populism, the world needs quality information ...

Optus blackout explained: what is a ‘deep network’ outage and what may have caused it?

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...

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CAPITAL RAISING & FINANCE

Early-stage startup backer Happenco secures $12m to fund founders

Early-stage startup backer Happenco secures $12m to fund founders

Australian venture investment and advisory firm Happenco has announ...

'AI brain for banks' Rich Data Co raises US$17.5m Series B

'AI brain for banks' Rich Data Co raises US$17.5m Series B

A Sydney-headquartered tech company styling itself as an "AI b...

Fintech WLTH acquires Mortgage Mart of Australia after $14m raise

Fintech WLTH acquires Mortgage Mart of Australia after $14m raise

The loan book at Brisbane-headquartered fintech WLTH has ballooned ...

Prop-tech Soho hits $20m valuation after Singapore’s Feedback Ventures buys in

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

Why Fergus Creese gives students direction with edtech SaaS scale-up My Careers

Why Fergus Creese gives students direction with edtech SaaS scale-up My Careers

With an interest in business from the age of 14, farm boy Fergus Cr...

Abrupt departure for Ecofibre CEO Eric Wang

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?

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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Property

Makris Group gets the nod for $500m plan to add hotel and apartments to Marina Mirage

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 ...

McGrath forecasts 40pc lift in underlying profit amid challenging conditions

McGrath forecasts 40pc lift in underlying profit amid challenging conditions

Real estate agency operator McGrath (ASX: MEA) has forecast a 40 pe...

Bob Ell’s Leda Holdings sells Sydney industrial asset for $70m to Centuria’s $500m Starwood fund

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...

Gurner gains approval for $150m Burleigh Heads project amid builder shortage

Gurner gains approval for $150m Burleigh Heads project amid builder shortage

Fresh from defending rumours that its $1.5 billion La Pelago develo...

 

Health

Comms, cyber and AI startups soar in Deloitte's Tech Fast 50

Comms, cyber and AI startups soar in Deloitte's Tech Fast 50

Medicinal cannabis digital appointments and delivery company Montu ...

Health management platform Splose raises half its $3m Series A target in 24 hours

Health management platform Splose raises half its $3m Series A target in 24 hours

Allied-health industry management platform Splose has secured half ...

Dental Boutique founders win Melbourne Young Entrepreneur of the Year Award for third time running

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, ...

AI-driven medtech Heidi raises $10m in Series A to tackle GP shortage

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

Why Fergus Creese gives students direction with edtech SaaS scale-up My Careers

Why Fergus Creese gives students direction with edtech SaaS scale-up My Careers

With an interest in business from the age of 14, farm boy Fergus Cr...

Sydney space tech company HEO launches US office

Sydney space tech company HEO launches US office

Three months after securing $12 million in a Series A round, Sydney...

Lovers, not fighters: Mr Yum and me&u consummate hospitality merger

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

'AI brain for banks' Rich Data Co raises US$17.5m Series B

A Sydney-headquartered tech company styling itself as an "AI b...

Legal

Techtronic slapped with record $15m fine for resale price maintenance

Techtronic slapped with record $15m fine for resale price maintenance

The Australian arm of Hong Kong-based supplier Techtronic has been ...

RACQ Insurance fined $10m for failing customers on discount promises

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

Federal Court fines Mercer Australia $12m over fees for no service

The Australian arm of financial services giant Mercer has been slap...

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