SPC Global launches $100 million capital raise at a steep discount to slash debt

SPC Global launches $100 million capital raise at a steep discount to slash debt

Australian food and beverage manufacturer SPC Global Holdings (ASX: SPG) has launched a $100 million equity raising to dramatically reduce its debt load and "materiall...

Propel Funeral Partners expands New Zealand footprint with trio of acquisitions worth $9.1m

Propel Funeral Partners expands New Zealand footprint with trio of acquisitions worth $9.1m

Sydney-based death care provider Propel Funeral Partners (ASX: PFP)...

GCAP Property launches $120m Hamilton Avenue project in Surfers with $35m in pre-sales locked in

GCAP Property launches $120m Hamilton Avenue project in Surfers with $35m in pre-sales locked in

Brisbane-based boutique developer GCAP Property has officially laun...

Victoria's motor vehicle theft crisis deepens with claims surging 25pc as costs hit $243m

Victoria's motor vehicle theft crisis deepens with claims surging 25pc as costs hit $243m

Victoria has claimed the title of Australia's motor vehicle the...

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Advanced Navigation's undersea drone uncovers high-latitude coral bleaching off southern WA coast

Advanced Navigation's undersea drone uncovers high-latitude coral bleaching off southern WA coast

Following recent coral bleaching events in March across the wo...

IDP Education shares in $1b wipeout as global student visa crackdown savages forecast profit

IDP Education shares in $1b wipeout as global student visa crackdown savages forecast profit

A clampdown on international students through visa restrictions and...

Cryptocurrency ATM scams extracting at least $3m annually from victims

Cryptocurrency ATM scams extracting at least $3m annually from victims

More than $3 million was lost to scams involving cryptocurrenc...

Comparison site Choosi hit with ASIC claims that it misled consumers and pocketed $61m

Comparison site Choosi hit with ASIC claims that it misled consumers and pocketed $61m

Insurance comparison group Choosi has been accused of misleading cu...

Babylon Pump & Power targets earnings boost after snaring rival Blue Hire for up to $26m

Babylon Pump & Power targets earnings boost after snaring rival Blue Hire for up to $26m

Perth-based resource services group Babylon Pump & Power (ASX: ...

WWII-era thriller Play Dead starts filming at Docklands Studios Melbourne

WWII-era thriller Play Dead starts filming at Docklands Studios Melbourne

Docklands Studios Melbourne and South Gippsland will stand in for W...

Adelaide packaging giant Detmold consolidates local base with new global headquarters

Adelaide packaging giant Detmold consolidates local base with new global headquarters

Detmold Group, a global packaging company founded in Adelaide almos...

Mayfield Group boosts SA manufacturing footprint with $7m BE Switchcraft acquisition

Mayfield Group boosts SA manufacturing footprint with $7m BE Switchcraft acquisition

Electrical and telecommunications infrastructure provider Mayfield ...

Board shake-up for Articore as founder Martin Hosking exits after pushing The Star duo out

Board shake-up for Articore as founder Martin Hosking exits after pushing The Star duo out

Melbourne-based e-commerce company Articore Group (ASX: ATG), owner...

Soul Patts and Brickworks to combine portfolios under $14 billion merger

Soul Patts and Brickworks to combine portfolios under $14 billion merger

A cross-shareholding between Washington H. Soul Pattinson and ...

Superhero’s valuation hits $150m after latest $11m raise to expand into niche investment markets

Superhero’s valuation hits $150m after latest $11m raise to expand into niche investment markets

Sydney-based fintech Superhero has boosted its valuation to $150 mi...

Sepsis fatalities reduced as Microbio, ARM Hub combine AI with pathogen detection biotech

Sepsis fatalities reduced as Microbio, ARM Hub combine AI with pathogen detection biotech

Brisbane-based startup Microbio, which developed a rapid diagnostic...

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Entrepreneurship

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 Y Combinator, securing US$500,000 ($790,000) from the Silicon Valley accelerator to develop personalised...

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 ...

Curtin Accelerate startups secure funding and pilot contracts in fastest cohort progression to date

Curtin Accelerate startups secure funding and pilot contracts in fastest cohort progression to date

Perth-based Curtin University's flagship Accelerate program has...

Mergers and Acquisitions

Propel Funeral Partners expands New Zealand footprint with trio of acquisitions worth $9.1m

Propel Funeral Partners expands New Zealand footprint with trio of acquisitions worth $9.1m

Sydney-based death care provider Propel Funeral Partners (ASX: PFP)...

Directed Technologies acquires Bangkok telematics provider GPS2GO to deepen South-East Asian push

Directed Technologies acquires Bangkok telematics provider GPS2GO to deepen South-East Asian push

Melbourne-headquartered connected vehicle and IoT company Directed ...

Maggie Beer Holdings secures $10m buyout bid for hampers business it bought for $40m

Maggie Beer Holdings secures $10m buyout bid for hampers business it bought for $40m

Maggie Beer Holdings (ASX: MBH) has received a non-binding indicati...

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Retail

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...

Kogan.com shares jump 20pc as NZ turnaround helps sales surge past $875m

Kogan.com shares jump 20pc as NZ turnaround helps sales surge past $875m

Shares in Melbourne-based online retailer Kogan.com (ASX: KGN) surg...

Adore Beauty facing headwinds this quarter but targets 10pc revenue growth in FY27

Adore Beauty facing headwinds this quarter but targets 10pc revenue growth in FY27

Online beauty retailer Adore Beauty Group (ASX: ABY) has revealed t...

 

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

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...

Ordermentum secures $55m from Five V Capital to turbocharge AI-powered wholesale platform

Ordermentum secures $55m from Five V Capital to turbocharge AI-powered wholesale platform

Sydney-based hospitality technology platform Ordermentum has secure...

Property

GCAP Property launches $120m Hamilton Avenue project in Surfers with $35m in pre-sales locked in

GCAP Property launches $120m Hamilton Avenue project in Surfers with $35m in pre-sales locked in

Brisbane-based boutique developer GCAP Property has officially laun...

Ingenia Communities reaffirms FY26 guidance at top of range as sales surge 30pc

Ingenia Communities reaffirms FY26 guidance at top of range as sales surge 30pc

Sydney-based land lease communities operator Ingenia Communities Gr...

NAB backs Central Equity's $1 billion Palmera tower on Gold Coast as construction progresses

NAB backs Central Equity's $1 billion Palmera tower on Gold Coast as construction progresses

National Australia Bank has provided funding for Palmera, a $1 bill...

La Vie Hotels partners with Marriott to bring Le Méridien brand to Queensland's Lindeman Island

La Vie Hotels partners with Marriott to bring Le Méridien brand to Queensland's Lindeman Island

International hotel operator La Vie Hotels & Resorts has p...

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

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 ...

Close the Loop offloads US tech services arm for $14m in bid to slash debt and sharpen focus

Close the Loop offloads US tech services arm for $14m in bid to slash debt and sharpen focus

Australian packaging and resource recovery group Close the Loop (AS...

 

Technology

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...

Li-S Energy secures airfreight approvals to open defence drone battery supply pathway to US

Li-S Energy secures airfreight approvals to open defence drone battery supply pathway to US

Brisbane-based lithium-sulfur battery developer Li-S Energy (ASX: L...

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...

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Accessible online courses pave path to pandemic recovery
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Businesses and organisations across the country are lending a hand where they can dur...
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