Snaffle operator hit with $33.5m penalty for overcharging thousands of consumers on credit contracts

Snaffle operator hit with $33.5m penalty for overcharging thousands of consumers on credit contracts

The Federal Court has ordered a $33.5 million penalty against Walker Stores Pty Ltd, the operator of online household goods and electronics retailer Snaffle, after finding ...

Cedar Woods secures $63.4m in new land acquisitions as record presales underpin pipeline push

Cedar Woods secures $63.4m in new land acquisitions as record presales underpin pipeline push

Perth-headquartered residential developer Cedar Woods Properties (A...

Australia's long-term beer decline hits home as Lion plans to close Boag's brewery in Launceston

Australia's long-term beer decline hits home as Lion plans to close Boag's brewery in Launceston

Australia's decades-long decline in beer consumption has claime...

Downer EDI seals $310m Transurban contract to maintain Sydney motorway network

Downer EDI seals $310m Transurban contract to maintain Sydney motorway network

Infrastructure services group Downer EDI (ASX: DOW) has secured con...

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Grant Thornton partner admonished by disciplinary board over iSignthis audit in 2018

Grant Thornton partner admonished by disciplinary board over iSignthis audit in 2018

Grant Thornton audit partner Simon Christopher Trivett has been adm...

Pro Medicus shares breach $300 for the first time after latest health contract wins in the US

Pro Medicus shares breach $300 for the first time after latest health contract wins in the US

Shares Melbourne-based medical imaging company Pro Medicus (ASX: PM...

AUSTRAC raises concerns over Western Union’s compliance with anti-money laundering laws

AUSTRAC raises concerns over Western Union’s compliance with anti-money laundering laws

International money transfer specialist Western Union is in the sig...

Flagship Innovation Centre at Adelaide's Lot Fourteen gets government backing to start next year

Flagship Innovation Centre at Adelaide's Lot Fourteen gets government backing to start next year

Construction of the flagship project in Adelaide’s transforma...

Mosaic Brands in liquidation after a year of attrition for fashion icons that stood the test of time

Mosaic Brands in liquidation after a year of attrition for fashion icons that stood the test of time

The fate of failed retailer Mosaic Group (ASX: MOZ) has been finall...

New laws to make it harder for large Australian and foreign companies to avoid paying tax

New laws to make it harder for large Australian and foreign companies to avoid paying tax

The beginning of the financial year means for the first time in Aus...

Wholesale fund incubator Boutique Capital acquired by Acclime

Wholesale fund incubator Boutique Capital acquired by Acclime

Global advisory group Acclime has been given the green light to mak...

Accounting firm Cutcher & Neale to merge with BBB Partners

Accounting firm Cutcher & Neale to merge with BBB Partners

Fast-growing accounting and advisory firm Cutcher & Neale will ...

‘Significant breach’: Qantas cyber-attack puts personal data of six million customers at risk

‘Significant breach’: Qantas cyber-attack puts personal data of six million customers at risk

Qantas Airways (ASX: QAN) has been hit by a major cyber-security br...

Departure of new CEO van Dyck just eight months in rocks Domino’s Pizza investors

Departure of new CEO van Dyck just eight months in rocks Domino’s Pizza investors

Domino’s Pizza Enterprises (ASX: DMP) has been rocked by the ...

Swyftx signs record $100m-plus crypto deal for Caleb & Brown to target wealthy US investors

Swyftx signs record $100m-plus crypto deal for Caleb & Brown to target wealthy US investors

Brisbane-based cryptocurrency exchange Swyftx is ramping up its glo...

‘Not our intent’: Development is off the agenda for new CEO resurrecting Raptis Group

‘Not our intent’: Development is off the agenda for new CEO resurrecting Raptis Group

After almost two decades in the wilderness, Gold Coast-based develo...

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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

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

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...

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...

 

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

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

Cedar Woods secures $63.4m in new land acquisitions as record presales underpin pipeline push

Cedar Woods secures $63.4m in new land acquisitions as record presales underpin pipeline push

Perth-headquartered residential developer Cedar Woods Properties (A...

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...

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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