Integrated used-car platform Carma makes subdued ASX debut after raising $100m from IPO

Integrated used-car platform Carma makes subdued ASX debut after raising $100m from IPO

Used-car trading platform Carma has made a subdued debut on the ASX after raising $100 million in an IPO as the shares traded up to a 10 per cent discount to their $2....

Australia's $21b regional data centre land opportunity 'puts pressure on productive farmland'

Australia's $21b regional data centre land opportunity 'puts pressure on productive farmland'

Australia's data centre boom is poised to spill out of metropol...

KPMG Australia hit with independent Commonwealth review amid whistleblower allegations

KPMG Australia hit with independent Commonwealth review amid whistleblower allegations

The Federal Department of Finance has announced an independent revi...

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 p...

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Endeavour Group pubs and bottle shops take $9m hit from floods

Endeavour Group pubs and bottle shops take $9m hit from floods

Increased foot traffic at pubs was unable to offset declining bottl...

Westpac hit with $12 million penalty over “serious” debt onsale contraventions

Westpac hit with $12 million penalty over “serious” debt onsale contraventions

Australian bank Westpac (ASX: WBC) will pay a $12 million penalty f...

Brambles lifts profit guidance despite ongoing pallet scarcity

Brambles lifts profit guidance despite ongoing pallet scarcity

While "extraordinary lumber inflation" and pallet scarcit...

NSW and Victoria dump close contact isolation mandates and most remaining pandemic rules

NSW and Victoria dump close contact isolation mandates and most remaining pandemic rules

Victoria and New South Wales will ditch most remaining COVID-19 rul...

Global Work & Travel expands horizons to tours, flight booking service in the wings

Global Work & Travel expands horizons to tours, flight booking service in the wings

A leading online working holiday company has struck deals with majo...

Healthy premium for Ramsay Health Care with $20 billion KKR takeover bid

Healthy premium for Ramsay Health Care with $20 billion KKR takeover bid

Private hospital operator Ramsay Health Care (ASX: RHC) has receive...

Last-minute ticket sales lift Bluesfest attendance close to pre-COVID levels

Last-minute ticket sales lift Bluesfest attendance close to pre-COVID levels

After two years of cancellations and devastating floods recently in...

Star's top legal officer probed on dummy hotel rooms, sham invoices and cloak of legal privilege

Star's top legal officer probed on dummy hotel rooms, sham invoices and cloak of legal privilege

Dummy hotel rooms, sham invoices, and the cloaking of documents in ...

Flu-COVID combination test the next target for Ellume as new US facility opens

Flu-COVID combination test the next target for Ellume as new US facility opens

A Brisbane-based company that has targeted the premium end of the C...

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 ...

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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 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

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...

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...

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

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 ...

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...

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

ASX agrees to pay $20.5m penalty over misleading statements related to CHESS replacement

ASX agrees to pay $20.5m penalty over misleading statements related to CHESS replacement

Securities exchange operator ASX Limited (ASX: ASX) has agreed to p...

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...

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