Guzman y Gomez shares plunge closer to IPO price as record $1.2 billion in sales fails to impress

Guzman y Gomez shares plunge closer to IPO price as record $1.2 billion in sales fails to impress

A record $1.2 billion sales result has been unable to excite the palates of investors in Sydney-based Mexican fast food chain Guzman y Gomez (ASX: GYG), with shares fa...

Triple M and 7NEWS owner Southern Cross Media slashes profit target and jobs amid ad market slump

Triple M and 7NEWS owner Southern Cross Media slashes profit target and jobs amid ad market slump

Triple M and 7NEWS owner Southern Cross Media Group (ASX: SXL) has ...

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...

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...

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Alterra to develop 300ha WA avocado project

Alterra to develop 300ha WA avocado project

Shares in Perth-based agri-investor Alterra (ASX:1AG) rose by al...

Zip Co sales rise despite Covid-19 challenges

Zip Co sales rise despite Covid-19 challenges

With thousands of retail stores closed and job losses putting pr...

Treasury Wines mulls Penfolds spin-off

Treasury Wines mulls Penfolds spin-off

Australia's largest wine company Treasury Wine Estates Ltd (ASX...

Neobank 86 400 raises $34m

Neobank 86 400 raises $34m

Australian smartbank 86 400 has only been active for seven month...

Parliament to pass landmark JobKeeper legislation today

Parliament to pass landmark JobKeeper legislation today

The Federal House of Representatives is set to pass the Governme...

BOQ defers dividend, well capitalised for Covid-19

BOQ defers dividend, well capitalised for Covid-19

Bank of Queensland (ASX: BOQ) says it is well capitalised to man...

Covid-19 call-out to reinvigorate manufacturing

Covid-19 call-out to reinvigorate manufacturing

There has been no shortage of inspiring stories of companies rep...

Retailers welcome commercial leasing code

Retailers welcome commercial leasing code

The stakeholders whose impetus led to a commercial leasing code ...

PM unveils mandatory commercial tenancies code

PM unveils mandatory commercial tenancies code

A mandatory commercial tenancies code, released today by the Fed...

ABS survey shows big shift to deliveries and online

ABS survey shows big shift to deliveries and online

A survey from the Australian Bureau of Statistics (ABS) int...

Malcolm Turnbull joins Myriota's $28 million funding round

Malcolm Turnbull joins Myriota's $28 million funding round

Satellite connectivity innovators Myriota have completed a $28 m...

Bod Australia revenue surges 144 per cent

Bod Australia revenue surges 144 per cent

New prescriptions are driving growth for medicinal cannabis comp...

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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

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...

Vinyl Group snares its second acquisition this week after scooping up Time Out Australia

Vinyl Group snares its second acquisition this week after scooping up Time Out Australia

Digital media company Vinyl Group (ASX: VNL) has signed an agreemen...

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Retail

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...

Peter Warren Automotive slashes profit guidance as margin pressure wipes out second-half earnings

Peter Warren Automotive slashes profit guidance as margin pressure wipes out second-half earnings

Sydney-based automotive dealer group Peter Warren Automotive Holdin...

 

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...

Top 100 young entrepreneurs


 

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...

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...

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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Health

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...

HealthCo strikes WA Government-backed deal for Healthscope's Mount Private Hospital in Perth

HealthCo strikes WA Government-backed deal for Healthscope's Mount Private Hospital in Perth

HealthCo Healthcare & Wellness REIT (ASX: HCW) has secured a ne...

SUSTAINABILITY & SOCIAL RESPONSIBILITY

ReSmart raises $1.1m with early backer Antler doubling down as recycling platform nears breakeven

ReSmart raises $1.1m with early backer Antler doubling down as recycling platform nears breakeven

Sydney-based recycling and reverse logistics platform ReSmart has c...

Amber Electric lands $13.6m ARENA boost to expand V2G trial to 1,000 Australian homes

Amber Electric lands $13.6m ARENA boost to expand V2G trial to 1,000 Australian homes

Energy retailer Amber Electric has secured a $13.6 million top-up f...

Karmo partners with AGL to manage energy giant's EV subscription fleet

Karmo partners with AGL to manage energy giant's EV subscription fleet

Brisbane-based car subscription platform Karmo has partnered with A...

Wide Open Agriculture renegotiates Curtin University lupin protein licence to slash royalty costs

Wide Open Agriculture renegotiates Curtin University lupin protein licence to slash royalty costs

Perth-based lupin protein ingredient company Wide Open Agriculture ...

 

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

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) ...

Zip Co settles trademark dispute with Firstmac, acquiring 'Zip' mark to keep brand name in Australia

Zip Co settles trademark dispute with Firstmac, acquiring 'Zip' mark to keep brand name in Australia

Buy-now-pay-later provider Zip Co Limited (ASX: ZIP) has settled it...

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Marketing

OMG Group sales surge 57pc as matcha craze fuels one of company's strongest months on record

OMG Group sales surge 57pc as matcha craze fuels one of company's strongest months on record

Consumer brands group OMG Group (ASX: OMG) has boosted annual net s...

Zip Co settles trademark dispute with Firstmac, acquiring 'Zip' mark to keep brand name in Australia

Zip Co settles trademark dispute with Firstmac, acquiring 'Zip' mark to keep brand name in Australia

Buy-now-pay-later provider Zip Co Limited (ASX: ZIP) has settled it...

Trust in online content eroding as fake reviews and AI blur the lines, report finds

Trust in online content eroding as fake reviews and AI blur the lines, report finds

More than eight in 10 Australians are worried that fake or manipula...

‘Checkout charity’ requests often backfire, leaving shoppers feeling guilty

‘Checkout charity’ requests often backfire, leaving shoppers feeling guilty

“Would you like to donate $2 to charity today?” If you...

Partner Content

How the New Payments Platform is changing the way we bank
Partner Content
The New Payments Platform (NPP) has significantly changed everyday banking over the l...
JACARANDA FINANCE
Accessible online courses pave path to pandemic recovery
Partner Content
Businesses and organisations across the country are lending a hand where they can dur...
UNIVERSITY OF QUEENSLAND