Sports Entertainment Group finalises $39.5m sale of Perth Wildcats to tech entrepreneur Mark Arena

Sports Entertainment Group finalises $39.5m sale of Perth Wildcats to tech entrepreneur Mark Arena

Sports Entertainment Group (ASX: SEG) has finalised its staged sale of the Perth Wildcats basketball team to major shareholder Mark Arena’s MT Arena Capital Investmen...

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...

Magellan wins ACCC clearance for Barrenjoey merger and plans a rebrand to ditch its own name

Magellan wins ACCC clearance for Barrenjoey merger and plans a rebrand to ditch its own name

Sydney-based fund manager Magellan Financial Group (ASX: MFG) has s...

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 ...

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Indigenous businesses secure more than $1 billion in contracts via IBA bonds

Indigenous businesses secure more than $1 billion in contracts via IBA bonds

In a milestone achievement for Aboriginal and Torres Strait Islande...

Sydney brand MCoBeauty makes US debut in Kroger

Sydney brand MCoBeauty makes US debut in Kroger

Australian beauty brands are making a splash in North America this ...

An anonymous coder nearly hacked a big chunk of the internet. How worried should we be?

An anonymous coder nearly hacked a big chunk of the internet. How worried should we be?

Outside the world of open-source software, it’s likely few pe...

Suncorp lightens its load further with $375m sale of NZ life insurance arm Asteron

Suncorp lightens its load further with $375m sale of NZ life insurance arm Asteron

Suncorp Group (ASX: SUN) has sold its New Zealand life insurance bu...

Female representation on ASX300 boards up slightly while LGBTQ+ numbers jump from low base

Female representation on ASX300 boards up slightly while LGBTQ+ numbers jump from low base

The latest report into ASX300 board diversity has revealed a minor ...

Sales downturn pushes Collette, The Daily Edited owner Marquee Retail Group into administration

Sales downturn pushes Collette, The Daily Edited owner Marquee Retail Group into administration

Marquee Retail Group (MRG), the owner of fashion accessories brands...

LVX Global in administration after $39m buyout from Design Milk Co fails to materialise

LVX Global in administration after $39m buyout from Design Milk Co fails to materialise

Adelaide-based LVX Global, a smart cities and infrastructure engine...

Embattled software group Plutora’s fate rests with rescue proposal expected to come from CEO

Embattled software group Plutora’s fate rests with rescue proposal expected to come from CEO

The fate of Australian software and services company Plutora is exp...

Businesswoman and women’s advocate Samantha Mostyn to be Australia’s next governor-general

Businesswoman and women’s advocate Samantha Mostyn to be Australia’s next governor-general

Australia’s next governor-general will be businesswoman Saman...

The financial case for knockdown rebuild on established Australian land
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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

Magellan wins ACCC clearance for Barrenjoey merger and plans a rebrand to ditch its own name

Magellan wins ACCC clearance for Barrenjoey merger and plans a rebrand to ditch its own name

Sydney-based fund manager Magellan Financial Group (ASX: MFG) has s...

Order platform Fresho expands UK presence and fires up tech capabilities with Nation Wilcox buyout

Order platform Fresho expands UK presence and fires up tech capabilities with Nation Wilcox buyout

Australian order management platform Fresho has expanded its presen...

US consortium ups the ante in battle for Steadfast Group with $7.7b bid priced at a big premium

US consortium ups the ante in battle for Steadfast Group with $7.7b bid priced at a big premium

Steadfast Group (ASX: SDF) has entered into an exclusivity deed wit...

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Retail

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,...

Retail Food Group lowers profit guidance as rising rates and weak consumer confidence weigh on sales

Retail Food Group lowers profit guidance as rising rates and weak consumer confidence weigh on sales

Gold Coast-based franchise group Retail Food Group (ASX: RFG) has l...

Opinion

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...

After CBA loses $25b in a single day, is this the end of big bank dominance on ASX

After CBA loses $25b in a single day, is this the end of big bank dominance on ASX

Global asset manager VanEck has declared that the era of big-bank-l...

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CAPITAL RAISING & FINANCE

Spenda launches $8.5m entitlement offer at steep discount to retire debt and recapitalise

Spenda launches $8.5m entitlement offer at steep discount to retire debt and recapitalise

Perth-based fintech Spenda Limited (ASX: SPX) has launched an accel...

Australian livestock tech maker DIT AgTech launches US crowdfunding campaign seeking up to $7m

Australian livestock tech maker DIT AgTech launches US crowdfunding campaign seeking up to $7m

Toowoomba-based agricultural technology company DIT AgTech is under...

NBN Co locks in $1.2b from second Euro Sustainability Bond as green financing tops $10.7b

NBN Co locks in $1.2b from second Euro Sustainability Bond as green financing tops $10.7b

Government-owned broadband network operator NBN Co has raised &euro...

ANDHealth awards $9m to five digital health startups as sector sounds alarm on capital access

ANDHealth awards $9m to five digital health startups as sector sounds alarm on capital access

Digital health accelerator ANDHealth has awarded up to $9 million i...

Leadership

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...

DroneShield CEO and chairman step down just months after controversial share sale

DroneShield CEO and chairman step down just months after controversial share sale

Sydney-based counter-drone technology company DroneShield (ASX: DRO...

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Property

Hong Kong private equity investor JY Group snares 50pc of Adelaide’s Westfield Marion for $670m

Hong Kong private equity investor JY Group snares 50pc of Adelaide’s Westfield Marion for $670m

Hong Kong-based private equity firm JY Group has exchanged contract...

Property fintech Rent.com.au achieves record bond loans in May as path to profitability accelerates

Property fintech Rent.com.au achieves record bond loans in May as path to profitability accelerates

Property fintech Rent.com.au (ASX: RNT) has posted record Rent...

Azure gains approval for $115m terrace home project on Gold Coast's last Lumina residential site

Azure gains approval for $115m terrace home project on Gold Coast's last Lumina residential site

Brisbane-headquartered developer Azure has secured Gold Coast City ...

Prime Urban progresses $55m Bendigo business park plans as first stage opens near full occupancy

Prime Urban progresses $55m Bendigo business park plans as first stage opens near full occupancy

Prime Urban Group is advancing plans for the second stage of its $5...

Health

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 ...

Biome Australia strikes deal to bring probiotics manufacturing onshore at SPA’s Gold Coast facility

Biome Australia strikes deal to bring probiotics manufacturing onshore at SPA’s Gold Coast facility

Melbourne-based probiotics company Biome Australia (ASX: BIO) has s...

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...

4DMedical locks in US radiology deal, European acquisition and clinical program in five-day blitz

4DMedical locks in US radiology deal, European acquisition and clinical program in five-day blitz

Melbourne-based respiratory imaging company 4DMedical (ASX: 4DX) ha...

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

Forex broker Union Standard slapped with record $300m fine over CFD trading that cost investors $83m

Forex broker Union Standard slapped with record $300m fine over CFD trading that cost investors $83m

Collapsed foreign exchange broker Union Standard International Grou...

Westpac hit with $26 million penalty for ignoring hardship pleas from struggling customers

Westpac hit with $26 million penalty for ignoring hardship pleas from struggling customers

Westpac Banking Corporation (ASX: WBC) has been ordered to pay a $2...

Mayne Pharma wins $13.27m costs award against Cosette from collapsed $672m takeover battle

Mayne Pharma wins $13.27m costs award against Cosette from collapsed $672m takeover battle

Adelaide-based pharmaceutical manufacturer Mayne Pharma (ASX: MYX) ...

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