Hancock Prospecting snares $US1 billion stake in SpaceX's record-shattering IPO

Hancock Prospecting snares $US1 billion stake in SpaceX's record-shattering IPO

Australia's richest person has backed the world's richest person after taking a reported $US1 billion ($1.42 billion) stake in Elon Musk's SpaceX through an all...

Women’s health platform Ovum triples valuation to $18m in a year after $4m seed round

Women’s health platform Ovum triples valuation to $18m in a year after $4m seed round

Australian women’s health startup Ovum has backed up a $1.7 m...

Transurban scraps paper toll notices in NSW's biggest unpaid tolling overhaul in more than a decade

Transurban scraps paper toll notices in NSW's biggest unpaid tolling overhaul in more than a decade

Toll road operator Transurban (ASX: TCL) and the NSW Government hav...

Aussies flock to box office in May as digital engagement lures 5.9 million to major features

Aussies flock to box office in May as digital engagement lures 5.9 million to major features

Australians’ love affair with the big screen reignited in May...

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PeopleIN to sell First Choice Care, Edmen to HCA for $20.25m

PeopleIN to sell First Choice Care, Edmen to HCA for $20.25m

The sell-off continues at Brisbane-headquartered staffing and recru...

Macquarie Securities admits to misreporting millions of short sales

Macquarie Securities admits to misreporting millions of short sales

Macquarie Securities Australia Limited (MSAL) faces a $35 mill...

Midkey secures $100m to back loans for cash flow-constrained homeowners

Midkey secures $100m to back loans for cash flow-constrained homeowners

Midkey, a Sydney-based financial services scale-up claiming to help...

Document management software group organiseit acquired by insurtech JAVLN

Document management software group organiseit acquired by insurtech JAVLN

Sydney-headquartered document management software company Organisei...

Bapcor CEO Angus McKay quits as Chris Wilesmith, a former Supercheap Auto boss, takes the helm

Bapcor CEO Angus McKay quits as Chris Wilesmith, a former Supercheap Auto boss, takes the helm

Angus McKay, the CEO of embattled auto equipment retailer Bapcor (A...

Paragon Care caught out by Infinity pharmacies receivership with $47m owed

Paragon Care caught out by Infinity pharmacies receivership with $47m owed

A major healthcare industry distributor has been caught off guard b...

Netwealth avoids penalty after agreeing to compensate super clients $101m in First Guardian losses

Netwealth avoids penalty after agreeing to compensate super clients $101m in First Guardian losses

Listed wealth manager Netwealth Group (ASX: NWL) has agreed to pay ...

Biotech Ferronova boosts Series A round by $6m to advance cancer-detection technology for surgeons

Biotech Ferronova boosts Series A round by $6m to advance cancer-detection technology for surgeons

Adelaide-based biotech Ferronova has raised $6 million to advance c...

GenAqua’s $300,000 pre-seed raise a turning point for healthtech startup's plan for cleaner water

GenAqua’s $300,000 pre-seed raise a turning point for healthtech startup's plan for cleaner water

Gold Coast-based healthtech startup GenAqua, which is helping hospi...

The financial case for knockdown rebuild on established Australian land
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For most Australian homeowners, the house gets the attention and the land gets taken fo...
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Entrepreneurship

From $13,000 to $20 million: how a PCOS diagnosis and a pair of scissors built Xali Organics

From $13,000 to $20 million: how a PCOS diagnosis and a pair of scissors built Xali Organics

Inspired by a medical diagnosis and driven by innovative marketing, Melbourne husband-and-wife team Kasey and Michael Giarratana have bootstrapped beauty brand Xali Organic...

AI-powered biotech startup Gutgutgoose accepted into Silicon Valley's Y Combinator

AI-powered biotech startup Gutgutgoose accepted into Silicon Valley's Y Combinator

Queensland-based biotech startup Gutgutgoose has been accepted into...

Scalare Partners rescues Fishburners from administration, boosting its presence in the startup space

Scalare Partners rescues Fishburners from administration, boosting its presence in the startup space

Sydney-based startup accelerator and investor Scalare Partners...

Sprout Organic's Selasi Berdie secures $8m buyout from NGS to take his infant formula company public

Sprout Organic's Selasi Berdie secures $8m buyout from NGS to take his infant formula company public

Gold Coast-based plant-based infant formula company Sprout Organic ...

MERGERS AND ACQUISITIONS

Credit Corp abandons $385m Humm Group takeover bid, bringing seven-month battle to a close

Credit Corp abandons $385m Humm Group takeover bid, bringing seven-month battle to a close

Debt collections  group Credit Corp (ASX: CCP) has walked away...

Scaffolding group Acrow raises $70m to fund twin deals in industrial and construction services

Scaffolding group Acrow raises $70m to fund twin deals in industrial and construction services

Sydney-based scaffolding and formwork group Acrow Limited (ASX: ACF...

Symal Group strikes $51m deal for defence contractor Shamrock Civil in biggest acquisition yet

Symal Group strikes $51m deal for defence contractor Shamrock Civil in biggest acquisition yet

Melbourne-based infrastructure group Symal Group (ASX: SYL) is acqu...

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Retail

Accent Group shares shoot past $391m zero-premium takeover bid from UK retail giant Frasers Group

Accent Group shares shoot past $391m zero-premium takeover bid from UK retail giant Frasers Group

Shares in Australian footwear and apparel retailer Accent Grou...

Barbeques Galore closure caps brutal cull of iconic Australian retail brands that stood for decades

Barbeques Galore closure caps brutal cull of iconic Australian retail brands that stood for decades

The move to liquidate Barbeques Galore announced this week marks th...

Super Retail Group sets its sights on 110 new stores as Rebel brand targets regional markets

Super Retail Group sets its sights on 110 new stores as Rebel brand targets regional markets

Super Retail Group (ASX: SUL) has unveiled a five-year strategy to ...

From $13,000 to $20 million: how a PCOS diagnosis and a pair of scissors built Xali Organics

From $13,000 to $20 million: how a PCOS diagnosis and a pair of scissors built Xali Organics

Inspired by a medical diagnosis and driven by innovative marketing,...

Opinion

The fluency trap: managing the most insidious risk in the AI era

The fluency trap: managing the most insidious risk in the AI era

In July last year, Deloitte Australia handed the federal government...

The lending risk most business owners aren't pricing in

The lending risk most business owners aren't pricing in

If you're planning to borrow in the current market, there's...

Battle of the Claws: the winning move in AI agent war is the one no one is selling

Battle of the Claws: the winning move in AI agent war is the one no one is selling

A Meta safety researcher recently watched her own AI agent delete h...

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CAPITAL RAISING & FINANCE

Women’s health platform Ovum triples valuation to $18m in a year after $4m seed round

Women’s health platform Ovum triples valuation to $18m in a year after $4m seed round

Australian women’s health startup Ovum has backed up a $1.7 m...

SavvyWise valuation hits $27.5m as accountants back AI tax platform’s $1.56m crowdfunding raise

SavvyWise valuation hits $27.5m as accountants back AI tax platform’s $1.56m crowdfunding raise

Perth-based AI tax research platform SavvyWise has closed a $1.56 m...

Clinical-stage biotech Racura Oncology raises $34.3m to fully fund three cancer drug trials

Clinical-stage biotech Racura Oncology raises $34.3m to fully fund three cancer drug trials

Clinical-stage biotechnology company Racura Oncology (ASX: RAC) has...

Scaleup Mediafund launches $25m fourth fund as media-for-equity model gains momentum

Scaleup Mediafund launches $25m fourth fund as media-for-equity model gains momentum

Scaleup Mediafund has launched its fourth media-for-equity fund wit...

Leadership

Former Star Entertainment CEO Matt Bekier hit with six-year ban and $700,000 penalty for breaches

Former Star Entertainment CEO Matt Bekier hit with six-year ban and $700,000 penalty for breaches

The Federal Court has disqualified former Star Entertainment Group ...

ASX taps Euronext veteran Anthony Attia as new CEO after global search

ASX taps Euronext veteran Anthony Attia as new CEO after global search

Australian share market operator ASX Limited (ASX: ASX) has appoint...

InDebted founder Josh Foreman steps back from CEO role to lead AI and product strategy

InDebted founder Josh Foreman steps back from CEO role to lead AI and product strategy

AI-powered debt collection fintech InDebted has kicked off an exter...

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Property

Brookfield offloads construction giant Multiplex to Japan's Obayashi for $924m after years of losses

Brookfield offloads construction giant Multiplex to Japan's Obayashi for $924m after years of losses

Canadian investment group Brookfield has agreed to sell Australian-...

Former QRL boss Ben Ikin tapped to lead Queensland proptech firm SearchX

Former QRL boss Ben Ikin tapped to lead Queensland proptech firm SearchX

Brisbane-based property technology company SearchX has appointed fo...

Homecorp sells 75pc of $210m Florence Residences in a single weekend as Gold Coast demand runs hot

Homecorp sells 75pc of $210m Florence Residences in a single weekend as Gold Coast demand runs hot

Gold Coast-based developer Homecorp has sold 75 per cent of its $21...

Charter Hall snaps up Sonic Healthcare's Brisbane pathology hub in $445m sale-and-leaseback deal

Charter Hall snaps up Sonic Healthcare's Brisbane pathology hub in $445m sale-and-leaseback deal

Fund manager Charter Hall Group (ASX: CHC) has acquired Sonic Healt...

Health

Women’s health platform Ovum triples valuation to $18m in a year after $4m seed round

Women’s health platform Ovum triples valuation to $18m in a year after $4m seed round

Australian women’s health startup Ovum has backed up a $1.7 m...

Clinical-stage biotech Racura Oncology raises $34.3m to fully fund three cancer drug trials

Clinical-stage biotech Racura Oncology raises $34.3m to fully fund three cancer drug trials

Clinical-stage biotechnology company Racura Oncology (ASX: RAC) has...

Biotech Memphasys secures supply deal with Monash IVF for Felix sperm selection system

Biotech Memphasys secures supply deal with Monash IVF for Felix sperm selection system

Sydney-based reproductive biotech Memphasys (ASX: MEM) has secured ...

Takeover target Monash IVF slashes full-year profit guidance as cycle volumes decline

Takeover target Monash IVF slashes full-year profit guidance as cycle volumes decline

Almost two months after rejecting a $350 million takeover bid ...

Technology

DorsaVi licenses robotics IP from Singapore's NTU in push beyond wearable sensors

DorsaVi licenses robotics IP from Singapore's NTU in push beyond wearable sensors

Melbourne-based wearable sensing and robotics company DorsaVi Limit...

WA startup Hyperion Systems unveils southern hemisphere's first 3D-printed autonomous vessel

WA startup Hyperion Systems unveils southern hemisphere's first 3D-printed autonomous vessel

Perth-based advanced manufacturing start-up Hyperion Systems has un...

Additive Manufacturing centre greenlights first five research projects unlocking $11m in investment

Additive Manufacturing centre greenlights first five research projects unlocking $11m in investment

The Additive Manufacturing Cooperative Research Centre (AMCRC), est...

Arkeus closes $25m Series A to scale manufacturing of AI-powered defence sensing technology

Arkeus closes $25m Series A to scale manufacturing of AI-powered defence sensing technology

Melbourne-based technology company Arkeus has closed a $25 mil...

Legal

SkyCity strikes $21m deal with South Australia to settle Adelaide Casino regulatory failings

SkyCity strikes $21m deal with South Australia to settle Adelaide Casino regulatory failings

Auckland-headquartered casino operator SkyCity Entertainment Group ...

ASIC seeks $35m penalty after HSBC admits to systemic scam-protection failures

ASIC seeks $35m penalty after HSBC admits to systemic scam-protection failures

The Australian Securities and Investments Commission (ASIC) is seek...

Former Star Entertainment CEO Matt Bekier hit with six-year ban and $700,000 penalty for breaches

Former Star Entertainment CEO Matt Bekier hit with six-year ban and $700,000 penalty for breaches

The Federal Court has disqualified former Star Entertainment Group ...

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