Retail M&A volume drops 32pc as deals vary from high multiples to the discount bin

Retail M&A volume drops 32pc as deals vary from high multiples to the discount bin

The pharmacy and beauty sector accounted for nearly half the $13.35 billion in retail merger and acquisition (M&A) activity in Australia in the 18 months to the end of ...

Vastly bigger than the Black Summer: 84 million hectares of northern Australia burned in 2023

Vastly bigger than the Black Summer: 84 million hectares of northern Australia burned in 2023

It may come as a surprise to hear 2023 was Australia’s bigges...

Crown retains NSW casino licence after regaining trust of regulator

Crown retains NSW casino licence after regaining trust of regulator

Crown Resorts has regained the trust of the NSW regulator which tod...

Housing disaster to "get quite a lot worse before it gets better", says Deloitte Access Economics

Housing disaster to "get quite a lot worse before it gets better", says Deloitte Access Economics

Deloitte Access Economics is forecasting a "more promising&quo...

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Zea Relief gets a healthy boost to its retail footprint through Woolworths distribution deal

Zea Relief gets a healthy boost to its retail footprint through Woolworths distribution deal

Zea Relief, a Tasmanian wellness scale-up that has developed a rang...

Cultured meat startup Vow in an Aussie first after Singapore approves its unique ‘quail’ product

Cultured meat startup Vow in an Aussie first after Singapore approves its unique ‘quail’ product

Sydney-based Vow, the cultured meat company that created a meatball...

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...

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Entrepreneurship

The “Uber Eats” of construction logistics: Veyor Digital raises $2.75 million in pre-series A

The “Uber Eats” of construction logistics: Veyor Digital raises $2.75 million in pre-series A

A Sydney-based logistics coordination software company being used by giants like Lendlease (ASX: LLC), Westfield (ASX: SCG) and CBRE (NYSE: CBRE) has raised $2.75 million i...

Don’t understand predictive algorithms? Xplainable bridges the “how and why” gap of machine learning

Don’t understand predictive algorithms? Xplainable bridges the “how and why” gap of machine learning

"There is so much hype around AI. Let's just focus on...

"10x in six months": Brisbane startup Xrecruiter opens Melbourne office

"10x in six months": Brisbane startup Xrecruiter opens Melbourne office

A Brisbane-headquartered startup that helps recruiters strike it ou...

Tech Council urges merger reforms to consider Aussie startup dependence on acquisitions for exits

Tech Council urges merger reforms to consider Aussie startup dependence on acquisitions for exits

Amidst a significant funding gap in later-stage rounds for startups...

MERGERS AND ACQUISITIONS

Retail M&A volume drops 32pc as deals vary from high multiples to the discount bin

Retail M&A volume drops 32pc as deals vary from high multiples to the discount bin

The pharmacy and beauty sector accounted for nearly half the $13.35...

Just Wines acquires collapsed spirit subscription service Liquor Loot for $1.2m

Just Wines acquires collapsed spirit subscription service Liquor Loot for $1.2m

Only eight months since rescuing non-alcoholic specialty store Sans...

Nicholas Bolton's Keybridge becomes majority owner of Yowie

Nicholas Bolton's Keybridge becomes majority owner of Yowie

Despite a recommendation from the independent directors of confecti...

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Retail

Retail M&A volume drops 32pc as deals vary from high multiples to the discount bin

Retail M&A volume drops 32pc as deals vary from high multiples to the discount bin

The pharmacy and beauty sector accounted for nearly half the $13.35...

Banducci couldn’t give senators Woolworths’ return on equity. What does the figure say about profit?

Banducci couldn’t give senators Woolworths’ return on equity. What does the figure say about profit?

During yesterday’s senate inquiry into supermarket pricing, G...

Luxury online dropshipper Cettire sees 88pc sales growth, profit fails to keep pace

Luxury online dropshipper Cettire sees 88pc sales growth, profit fails to keep pace

Luxury online retail marketplace and dropshipping company Cettire (...

Loyalty programs may limit competition, and they could be pushing prices up for everyone

Loyalty programs may limit competition, and they could be pushing prices up for everyone

Loyalty programs enable firms to offer significantly lower prices t...

 

Opinion

AI is making smart devices easier to hack. Here’s how to stay safe

AI is making smart devices easier to hack. Here’s how to stay safe

From asking our smart speakers for the weather to receiving persona...

Banducci couldn’t give senators Woolworths’ return on equity. What does the figure say about profit?

Banducci couldn’t give senators Woolworths’ return on equity. What does the figure say about profit?

During yesterday’s senate inquiry into supermarket pricing, G...

China has removed tariffs on Aussie wine, but re-establishing ourselves in the market won't be easy

China has removed tariffs on Aussie wine, but re-establishing ourselves in the market won't be easy

China’s Ministry of Commerce has finally ended its tariffs on...

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CAPITAL RAISING & FINANCE

The “Uber Eats” of construction logistics: Veyor Digital raises $2.75 million in pre-series A

The “Uber Eats” of construction logistics: Veyor Digital raises $2.75 million in pre-series A

A Sydney-based logistics coordination software company being used b...

Melbourne renewable technology group RayGen raises $50m as global opportunities beckon

Melbourne renewable technology group RayGen raises $50m as global opportunities beckon

Melbourne-based solar-and-storage technology company RayGen has rai...

DroneShield lifts capital raise to $105m as investors flock to defence tech

DroneShield lifts capital raise to $105m as investors flock to defence tech

Counterdrone defence technology company DroneShield (ASX: DRO) has ...

DroneShield raising $75m as contract pipeline for anti-drone technology grows to $500m

DroneShield raising $75m as contract pipeline for anti-drone technology grows to $500m

Defence solutions group DroneShield (ASX: DRO) is seeking to raise ...

Leadership

Vitura Health founder and Bali bombings hero Rodney Cocks resigns as CEO of cannabis group

Vitura Health founder and Bali bombings hero Rodney Cocks resigns as CEO of cannabis group

Rodney Cocks, the CEO and co-founder of digital health group Vitura...

The Star Gold Coast CEO resigns after just six months in the role

The Star Gold Coast CEO resigns after just six months in the role

The exodus of The Star Entertainment Group's (ASX: SGR) new bre...

Belle Lajoie promoted to co-CEO of Soda Infrastructure

Belle Lajoie promoted to co-CEO of Soda Infrastructure

After 16 years working with serial technology entrepreneur Bevan Sl...

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Property

Lifestyle Communities sheds $254m as shares plunge on home settlements downgrade

Lifestyle Communities sheds $254m as shares plunge on home settlements downgrade

Shares in Lifestyle Communities (ASX: LIC) have reached their lowes...

Housing disaster to "get quite a lot worse before it gets better", says Deloitte Access Economics

Housing disaster to "get quite a lot worse before it gets better", says Deloitte Access Economics

Deloitte Access Economics is forecasting a "more promising&quo...

The “Uber Eats” of construction logistics: Veyor Digital raises $2.75 million in pre-series A

The “Uber Eats” of construction logistics: Veyor Digital raises $2.75 million in pre-series A

A Sydney-based logistics coordination software company being used b...

Central Element lays plans for seniors living project after snaring North Shore site for $17m

Central Element lays plans for seniors living project after snaring North Shore site for $17m

Property developer Central Element is laying plans for a mixed-use ...

Health

LuminaX Healthtech Accelerator accepts record cohort of founders for 2024

LuminaX Healthtech Accelerator accepts record cohort of founders for 2024

The Gold Coast’s LuminaX HealthTech Accelerator has accepted ...

Zea Relief gets a healthy boost to its retail footprint through Woolworths distribution deal

Zea Relief gets a healthy boost to its retail footprint through Woolworths distribution deal

Zea Relief, a Tasmanian wellness scale-up that has developed a rang...

AI medtech Artrya secures first Australian commercial agreement with The Cardiac Centre NSW

AI medtech Artrya secures first Australian commercial agreement with The Cardiac Centre NSW

Perth-based medtech Artrya (ASX: AYA) has secured the first commerc...

Australia’s biggest chemist is merging with a giant wholesaler. Could we soon be paying more?

Australia’s biggest chemist is merging with a giant wholesaler. Could we soon be paying more?

Corporate Australia loves a big merger. And amid a growing flurry o...

Technology

The “Uber Eats” of construction logistics: Veyor Digital raises $2.75 million in pre-series A

The “Uber Eats” of construction logistics: Veyor Digital raises $2.75 million in pre-series A

A Sydney-based logistics coordination software company being used b...

Melbourne renewable technology group RayGen raises $50m as global opportunities beckon

Melbourne renewable technology group RayGen raises $50m as global opportunities beckon

Melbourne-based solar-and-storage technology company RayGen has rai...

DroneShield lifts capital raise to $105m as investors flock to defence tech

DroneShield lifts capital raise to $105m as investors flock to defence tech

Counterdrone defence technology company DroneShield (ASX: DRO) has ...

Don’t understand predictive algorithms? Xplainable bridges the “how and why” gap of machine learning

Don’t understand predictive algorithms? Xplainable bridges the “how and why” gap of machine learning

"There is so much hype around AI. Let's just focus on...

Legal

‘Heat of the moment’: The Star’s chair regrets inflammatory texts with CEO

‘Heat of the moment’: The Star’s chair regrets inflammatory texts with CEO

The Star Entertainment Group’s (ASX: SGR) executive chairman ...

Crown retains NSW casino licence after regaining trust of regulator

Crown retains NSW casino licence after regaining trust of regulator

Crown Resorts has regained the trust of the NSW regulator which tod...

Eneco Refresh co-founder Henry Heng sentenced for market manipulation

Eneco Refresh co-founder Henry Heng sentenced for market manipulation

The co-founder and former managing director of listed bottled ...

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