'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 brain for a bank" has raised US$17.5 million ($26.4 million) in a Series B round led by Wes...

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 ...

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...

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...

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Australian Beer Co acquires ready-to-drink trailblazer Ampersand Projects

Australian Beer Co acquires ready-to-drink trailblazer Ampersand Projects

Australian Beer Co, a subsidiary of Yellow Tail wine producer Casel...

Slattery backs $2m capital raise to drive growth for Rent.com.au payment app

Slattery backs $2m capital raise to drive growth for Rent.com.au payment app

Property rental platform Rent.com.au, which is backed by Brisbane t...

Westpac boosting its presence in the healthcare sector through HealthPoint acquisition

Westpac boosting its presence in the healthcare sector through HealthPoint acquisition

Westpac Banking Corporation (ASX: WBC) is expanding its presence in...

Atlassian bolsters Jira division with acquisition of Melbourne’s AirTrack Software

Atlassian bolsters Jira division with acquisition of Melbourne’s AirTrack Software

Software group Atlassian has acquired Melbourne-based AirTrack Soft...

Ralan Group founder O’Dwyer pleads guilty to criminal charges stemming from $560m collapse

Ralan Group founder O’Dwyer pleads guilty to criminal charges stemming from $560m collapse

William O’Dwyer, the founder and former managing director of ...

Aussie Broadband wins battle for Symbio with $262m takeover bid

Aussie Broadband wins battle for Symbio with $262m takeover bid

Aussie Broadband (ASX: ABB) has won over the board of Symbio Holdin...

New $10 billion federal housing fund just ‘a drop in the ocean’, says HIA

New $10 billion federal housing fund just ‘a drop in the ocean’, says HIA

The official launch of the $10 billion Housing Australia Future Fun...

Treasury Wine firms up US foothold with $1.6 billion deal for DAOU Vineyards

Treasury Wine firms up US foothold with $1.6 billion deal for DAOU Vineyards

Treasury Wine Estates (ASX: TWE) is firming up its foothold in the ...

Vicinity takes full control of Chatswood Chase after buying out GIC for $307m

Vicinity takes full control of Chatswood Chase after buying out GIC for $307m

Vicinity Centres (ASX: VCX) is taking full ownership of Chatswood C...

Thinking outside the box. Three surprising ways your business could save money by getting greener.
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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

Paul Ramsay Foundation tips in to $200m social and affordable housing fund

Paul Ramsay Foundation tips in to $200m social and affordable housing fund

The Paul Ramsay Foundation has committed as a cornerstone investor ...

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...

No-code proptech software scale-up Sitemate raises $7.5m pre-Series A

No-code proptech software scale-up Sitemate raises $7.5m pre-Series A

Sydney-headquartered no-code software company Sitemate has announce...

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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