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SYDNEY BUSINESS NEWS FINANCE


Macquarie Bank slapped with $10m fine after failing to monitor fraudulent transactions

Macquarie Bank slapped with $10m fine after failing to monitor fraudulent transactions

Financial services giant Macquarie Group's (ASX: MQG) bank...

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...

Japanese investment in Australia hit record high of $133.8 billion in 2023

Japanese investment in Australia hit record high of $133.8 billion in 2023

Japanese finance has been described as one of the "great untol...

Tasmanian sustainability accounting startup Sumday raises $5.3m

Tasmanian sustainability accounting startup Sumday raises $5.3m

"The future of accounting includes carbon" is the message...

Macquarie Technology to acquire two Sydney data centres for $174 million

Macquarie Technology to acquire two Sydney data centres for $174 million

Macquarie Technology Group (ASX: MAQ) has announced a $100 million ...

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The Star announces $800m equity raise after reporting $1.3b loss

The Star announces $800m equity raise after reporting $1.3b loss

After today revealing a massive $1.3 billion half-year loss, embatt...

Mad for meat: Our Cow crowdfunding campaign rushes towards $2.6m target

Mad for meat: Our Cow crowdfunding campaign rushes towards $2.6m target

Only one month after snapping up the assets of failed grocery deliv...

After three years of losses, Qantas posts $1b half-year profit

After three years of losses, Qantas posts $1b half-year profit

Australian airline Qantas (ASX: QAN) has returned to profit after t...

NAB Ventures leads $30m Series A for payments processor DataMesh

NAB Ventures leads $30m Series A for payments processor DataMesh

Fintech DataMesh has today announced a $30 million Series A funding...

Salus Ventures: the new $40m fund looking to invest in sovereign capabilities

Salus Ventures: the new $40m fund looking to invest in sovereign capabilities

A new $40 million Sydney-based venture capital firm has hired forme...

QT, Thredbo and cinema owner EVT earnings rebound as entertainment and travel spending resumes

QT, Thredbo and cinema owner EVT earnings rebound as entertainment and travel spending resumes

The company which manages a portfolio of hotels including QT, Rydge...

“Meaningfully changing lives across the world”: Startmate reveals tech-driven Summer ’23 cohort

“Meaningfully changing lives across the world”: Startmate reveals tech-driven Summer ’23 cohort

From developing medical devices that treat depression to maturing s...

Send Payments wraps up oversubscribed $11.5m Series B raise as Europe beckons

Send Payments wraps up oversubscribed $11.5m Series B raise as Europe beckons

Fintech-as-a-service company Send Payments has wrapped up an $11.5 ...

Magellan Financial shares fired up as interim profit slump clears the decks

Magellan Financial shares fired up as interim profit slump clears the decks

Magellan Financial Group (ASX: MFG) has drawn a line in the sand wi...

Capturing carbon and funds: Loam Bio raises $105 million in Series B

Capturing carbon and funds: Loam Bio raises $105 million in Series B

An Australian startup using microbial technology to extend how long...

Canberra’s Quantum Brilliance closes $26m raise backed by Main Sequence, Investible and more

Canberra’s Quantum Brilliance closes $26m raise backed by Main Sequence, Investible and more

A quantum computing startup looking to miniaturise the futuristic t...

Credit and payments platform provider Shift closes $27m Series C

Credit and payments platform provider Shift closes $27m Series C

Fast-growing ‘finance on demand’ platform provider Shif...

The Star predicts up to $1.6b impairment for NSW business post-Bell Review

The Star predicts up to $1.6b impairment for NSW business post-Bell Review

Costs associated with the fallout from the Bell Review of The Star&...

Mad Paws gets investor tails wagging with $4m raise

Mad Paws gets investor tails wagging with $4m raise

ASX-listed pet care platform Mad Paws (ASX: MPA) has today emerged ...

Fable Food Co defies global plant-based meat downturn to raise $12.2 million in Series A round

Fable Food Co defies global plant-based meat downturn to raise $12.2 million in Series A round

Sunshine Coast-based Fable Food Co has fended off a downturn in the...

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