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MELBOURNE BUSINESS NEWS FINANCE


Perpetual to be a ‘leaner asset play’ after $2.2b sale of key divisions to KKR

Perpetual to be a ‘leaner asset play’ after $2.2b sale of key divisions to KKR

Australian investment group and asset manager Perpetual (ASX: PPT) ...

Songtradr, WiseTech founder lift stakes in The Brag Media's new owner Vinyl Group

Songtradr, WiseTech founder lift stakes in The Brag Media's new owner Vinyl Group

Shares in music and media company Vinyl Group (ASX: VNL) reached a ...

Sustainable tech developer Xefco raises $10.5m for a greener fashion industry

Sustainable tech developer Xefco raises $10.5m for a greener fashion industry

Sustainable manufacturing tech company Xefco’s mission to cre...

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...

Proptech Archistar teams up with Blackfort to deploy loans, kicks off with Simonds Group

Proptech Archistar teams up with Blackfort to deploy loans, kicks off with Simonds Group

Two Sydney-based companies that use artificial intelligence (AI) to...

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Record profit for EML Payments despite mall gift card slowdown

Record profit for EML Payments despite mall gift card slowdown

Brisbane-based prepaid card solutions provider EML Payments (ASX:...

Insider trading has become more subtle

Insider trading has become more subtle

Insider trading comes in two main forms: arguably legal and clear...

Magellan to merge global funds into $15.6 billion trust

Magellan to merge global funds into $15.6 billion trust

Magellan Global Trust (ASX: MGG) aims to improve the liquidity a...

Blackbird Ventures raises $500m for Aussie and NZ startups

Blackbird Ventures raises $500m for Aussie and NZ startups

The Sydney-based venture capital (VC) fund that helped propel th...

Credit loss provisions send Prospa into the red

Credit loss provisions send Prospa into the red

Fintech lender Prospa (ASX: PGL) saw its revenues hit the wall i...

Westpac changes offshore tune, brings 1,000 jobs back to Australia

Westpac changes offshore tune, brings 1,000 jobs back to Australia

One of Australia's largest banks Westpac (ASX: WBC) has made...

Westpac uncovers more reporting breaches as anti-money laundering probe continues

Westpac uncovers more reporting breaches as anti-money laundering probe continues

Big Four bank Westpac (ASX: WBC) has today revealed hundred...

Hemp seed exporters to benefit from reduced red tape

Hemp seed exporters to benefit from reduced red tape

The first successful export of Australian hemp seed to New Zeala...

Joint taskforce arrests 12 over alleged crime syndicate fraud

Joint taskforce arrests 12 over alleged crime syndicate fraud

Authorities have arrested 12 individuals linked to an alleged cr...

Management exit deal signals "brighter future" for Blue Sky spin-off BAF

Management exit deal signals "brighter future" for Blue Sky spin-off BAF

Blue Sky Alternatives Access Fund (ASX: BAF) shares rose 6 per c...

Loan deferrals extended by four months

Loan deferrals extended by four months

The Australian Banking Association (ABA) has announced a new pha...

BAF one step closer to exit from Blue Sky management after long delays

BAF one step closer to exit from Blue Sky management after long delays

Blue Sky Alternatives Access Fund (ASX: BAF) has finally resolve...

Former Wattle Health chair banned for hiding $35m income

Former Wattle Health chair banned for hiding $35m income

Tax agent Peter Biantes has been banned from practicing for...

Australia and the UK commence Free Trade Agreement negotiations

Australia and the UK commence Free Trade Agreement negotiations

Negotiations between Australia and the United Kingdom for a Free...

Treasurer announces biggest foreign investment reforms in 45 years

Treasurer announces biggest foreign investment reforms in 45 years

Key aspects of reforms include a new national security test, inc...

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