The secret sauce of Coles’ and Woolworths’ profits: high-tech surveillance and control

The secret sauce of Coles’ and Woolworths’ profits: high-tech surveillance and control

Coles and Woolworths, the supermarket chains that together control almost two-thirds of the Australian grocery market, are facing unprecedented scrutiny. One recent inquir...

AF Legal acquires Armstrong Contested Wills & Estates in deal worth up to $3.75m

AF Legal acquires Armstrong Contested Wills & Estates in deal worth up to $3.75m

A year on from the failure of an $11 million merger with Go to Cour...

Going concerns notices raised for ASX cannabis players Cann Group and Althea

Going concerns notices raised for ASX cannabis players Cann Group and Althea

Material uncertainties have been raised about two of the largest&nb...

ASIC tips ‘ASX Wolf’ Tyson Scholz into bankruptcy over $500,000 in court costs

ASIC tips ‘ASX Wolf’ Tyson Scholz into bankruptcy over $500,000 in court costs

Social media ‘finfluencer’ Tyson Scholz, widely known a...

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Qualitas raising $50m to capitalise on fast-growing private credit portfolio

Qualitas raising $50m to capitalise on fast-growing private credit portfolio

Qualitas Real Estate Income Fund (ASX: QRI) is raising $50 million ...

The 7 charts that show Australians struggling as saving falls to near zero

The 7 charts that show Australians struggling as saving falls to near zero

The national accounts released by the Australian Bureau of Statisti...

Telstra forks out $24m as its history of wrongful billing finally bites

Telstra forks out $24m as its history of wrongful billing finally bites

Wrongfully charging customers for inactive internet services over m...

Nexba founders to launch wine-based fruit punch remixt at First Choice Liquor

Nexba founders to launch wine-based fruit punch remixt at First Choice Liquor

A company restructure for sugar-free soft drinks company ...

Berkshire Hathaway subsidiary buys Aussie toy distributor Big Balloon

Berkshire Hathaway subsidiary buys Aussie toy distributor Big Balloon

The world's fastest-growing toy company Jazwares has acquired l...

The worst may be over for the retail recession, says Deloitte Access Economics

The worst may be over for the retail recession, says Deloitte Access Economics

The worst may be over for the retail sector after suffering a reces...

Australia's first Moon rover prototype revealed

Australia's first Moon rover prototype revealed

A prototype for one of two possible lunar rovers to take part in th...

New Zealand’s Entrada Travel Group in the driver’s seat after snaring Greyhound Australia

New Zealand’s Entrada Travel Group in the driver’s seat after snaring Greyhound Australia

New Zealand-based tourism and transport company Entrada Travel Grou...

Bidding war kicks off for comms-tech Whispir as Pendula swings in

Bidding war kicks off for comms-tech Whispir as Pendula swings in

Sydney-headquartered customer engagement platform Pendula has weigh...

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Entrepreneurship

Mollymook Beach startup Gravity Drinks fizzing on $1m seed raise

Mollymook Beach startup Gravity Drinks fizzing on $1m seed raise

An Australian seltzer startup that recently started ranging in close to 100 First Choice Liquor stores has successfully completed a $1 million seed raise backed by ind...

Shares double for hearing tech scale-up Audeara on Zildjian contract

Shares double for hearing tech scale-up Audeara on Zildjian contract

Brisbane-based hearing tech scale-up Audeara (ASX: AUA) has fo...

AI job matching platform Hatch raises $7m to challenge legacy marketplaces

AI job matching platform Hatch raises $7m to challenge legacy marketplaces

Hatch, an artificial intelligence (AI) powered job matching platfor...

Brandon BioCatalyst secures $50m grant for new med-tech incubator tackling dementia

Brandon BioCatalyst secures $50m grant for new med-tech incubator tackling dementia

A national biotechnology incubator run by the venture capital-backe...

MERGERS AND ACQUISITIONS

Childcare veteran Chris Scott scaling up Embark Early Education with $25m acquisition

Childcare veteran Chris Scott scaling up Embark Early Education with $25m acquisition

Embark Early Education (ASX: EVO), a Gold Coast-based childcare cen...

Octopus Deploy acquires US competitor Codefresh

Octopus Deploy acquires US competitor Codefresh

Brisbane-headquartered deployment automation company Octopus Deploy...

Salter Brothers fund makes a $74m takeover play for non-bank lender Prospa

Salter Brothers fund makes a $74m takeover play for non-bank lender Prospa

A consortium led by Melbourne-based alternative investment firm Sal...

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Retail

Berchtold lands on her feet as Mosaic Brands names former Iconic boss as new CEO

Berchtold lands on her feet as Mosaic Brands names former Iconic boss as new CEO

After being thwarted from taking on the top job at Best & Less ...

Universal Store profit up 17pc on productivity gains despite inflationary pressure

Universal Store profit up 17pc on productivity gains despite inflationary pressure

Now with 100 stores to its name across several brands, Universal St...

Scentre Group retailers post record sales in 2023 as foot traffic spikes

Scentre Group retailers post record sales in 2023 as foot traffic spikes

A sharp increase in foot traffic at Scentre Group’s (ASX: SCG...

Woolworths CEO Banducci quits as supermarket giants under the microscope

Woolworths CEO Banducci quits as supermarket giants under the microscope

Woolworths Group (ASX: WOW) CEO Brad Banducci has stunned the marke...

 

Opinion

Why are so many SMEs not growing from small to medium size?

Why are so many SMEs not growing from small to medium size?

I was recently asked by a defence industry executive why so many SM...

How healthy are the plant-based meat and dairy replacements in the market?

How healthy are the plant-based meat and dairy replacements in the market?

If you’re thinking about buying plant-based foods, a trip to ...

The secret sauce of Coles’ and Woolworths’ profits: high-tech surveillance and control

The secret sauce of Coles’ and Woolworths’ profits: high-tech surveillance and control

Coles and Woolworths, the supermarket chains that together control ...

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CAPITAL RAISING & FINANCE

GreenCollar buys into EnergyLink Services to tackle agribusiness decarbonisation

GreenCollar buys into EnergyLink Services to tackle agribusiness decarbonisation

Environmental markets project developer GreenCollar has made a stra...

Bike Exchange raising $3.1m with plans to delist after an uphill battle on the ASX

Bike Exchange raising $3.1m with plans to delist after an uphill battle on the ASX

Three years after listing on the ASX via a $76 million float, onlin...

Former EML CEO Tom Cregan launches digital tipping fintech for hospitality

Former EML CEO Tom Cregan launches digital tipping fintech for hospitality

After leading EML Payments (ASX: EML) for a decade including a tumu...

CSIRO and Main Sequence expect synthetic biology to become a $30 billion industry by 2040

CSIRO and Main Sequence expect synthetic biology to become a $30 billion industry by 2040

The economic value of synthetic biology to Australia has increased ...

Leadership

Berchtold lands on her feet as Mosaic Brands names former Iconic boss as new CEO

Berchtold lands on her feet as Mosaic Brands names former Iconic boss as new CEO

After being thwarted from taking on the top job at Best & Less ...

Ecofibre shareholders reject founder's nomination of Alex Keach to board

Ecofibre shareholders reject founder's nomination of Alex Keach to board

Shareholders in medicinal cannabis and hemp company Ecofibre (...

Akubra’s new CEO Natalie Culina marks a first for iconic hat manufacturer

Akubra’s new CEO Natalie Culina marks a first for iconic hat manufacturer

Australian hat manufacturer Akubra has enlisted retail industry exe...

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Property

Hotel Property Investments CEO Don Smith passes away

Hotel Property Investments CEO Don Smith passes away

Following a successful career of almost two decades with Vicinity C...

Local Residential's $650m build-to-rent fund boosts development pipeline to $1.1b

Local Residential's $650m build-to-rent fund boosts development pipeline to $1.1b

Melbourne-based built-to-rent platform Local Residential has closed...

Fortis gets green light for three projects worth $570m in Melbourne and Sydney

Fortis gets green light for three projects worth $570m in Melbourne and Sydney

Sydney-based developer Fortis, the property arm of debt and equity ...

Salter Brothers’ hospitality arm debuts Ardour hotel brand with Kingsford Barossa

Salter Brothers’ hospitality arm debuts Ardour hotel brand with Kingsford Barossa

Melbourne-based Salter Brothers is rebranding the Kingsford Barossa...

Health

Cochlear profit jumps 35pc on increased implant sales

Cochlear profit jumps 35pc on increased implant sales

Strong demand for its upgraded Nucleus 8 Sound Processor has l...

Brandon BioCatalyst secures $50m grant for new med-tech incubator tackling dementia

Brandon BioCatalyst secures $50m grant for new med-tech incubator tackling dementia

A national biotechnology incubator run by the venture capital-backe...

Crowd-sourced funding steady at $71m as food & beverage, female-founded startups rise

Crowd-sourced funding steady at $71m as food & beverage, female-founded startups rise

Despite a 58 per cent decline in venture capital funding in Austral...

Aravax raises $66m for peanut allergy cure as Victoria leads the way

Aravax raises $66m for peanut allergy cure as Victoria leads the way

Victoria has become the epicentre of finding a cure for peanut alle...

Technology

Staff cuts and sales growth lift earnings at Airtasker

Staff cuts and sales growth lift earnings at Airtasker

A decision last year from online services marketplace Airtasker (AS...

Former EML CEO Tom Cregan launches digital tipping fintech for hospitality

Former EML CEO Tom Cregan launches digital tipping fintech for hospitality

After leading EML Payments (ASX: EML) for a decade including a tumu...

Octopus Deploy acquires US competitor Codefresh

Octopus Deploy acquires US competitor Codefresh

Brisbane-headquartered deployment automation company Octopus Deploy...

Shares double for hearing tech scale-up Audeara on Zildjian contract

Shares double for hearing tech scale-up Audeara on Zildjian contract

Brisbane-based hearing tech scale-up Audeara (ASX: AUA) has fo...

Legal

AF Legal acquires Armstrong Contested Wills & Estates in deal worth up to $3.75m

AF Legal acquires Armstrong Contested Wills & Estates in deal worth up to $3.75m

A year on from the failure of an $11 million merger with Go to Cour...

Going concerns notices raised for ASX cannabis players Cann Group and Althea

Going concerns notices raised for ASX cannabis players Cann Group and Althea

Material uncertainties have been raised about two of the largest&nb...

ASIC tips ‘ASX Wolf’ Tyson Scholz into bankruptcy over $500,000 in court costs

ASIC tips ‘ASX Wolf’ Tyson Scholz into bankruptcy over $500,000 in court costs

Social media ‘finfluencer’ Tyson Scholz, widely known a...

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