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) is poised to sell two of its key business divisions to US private equity group Kohlberg Kravis Roberts (K...

Tritium operations "stabilised" as EV players show interest in potential transaction

Tritium operations "stabilised" as EV players show interest in potential transaction

Receivers and managers for embattled electric vehicle (EV) fast-cha...

Court dismisses longstanding CBA class actions over continuous disclosure

Court dismisses longstanding CBA class actions over continuous disclosure

After more than six years of legal proceedings alleging Australia...

Adamantem pips IPH to the post with takeover deal for QANTM Intellectual Property

Adamantem pips IPH to the post with takeover deal for QANTM Intellectual Property

When asked to choose between holding shares in competitor and suito...

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Centuria lifts stake in real estate finance JV after assets quintuple in three years

Centuria lifts stake in real estate finance JV after assets quintuple in three years

Centuria Capital Group (ASX: CNI) is lifting its stake in a real es...

Property-spruiking lawyer Grubisa and Master Wealth Control found to have breached consumer law

Property-spruiking lawyer Grubisa and Master Wealth Control found to have breached consumer law

High-profile Sydney lawyer Dominique Grubisa has suffered a ne...

Owner of OPSM, Sunglass Hut and Oakley fined $1.5m for spamming

Owner of OPSM, Sunglass Hut and Oakley fined $1.5m for spamming

Luxottica, the eyewear retailer that owns the brands OPSM, Oak...

Dubber sacks suspended CEO McGovern as probe continues into missing $26.6m

Dubber sacks suspended CEO McGovern as probe continues into missing $26.6m

Almost six weeks after revealing $26.6 million in missing corporate...

Reforms to speed up "national interest" mergers but with greater scrutiny on risks to consumers

Reforms to speed up "national interest" mergers but with greater scrutiny on risks to consumers

Australia's competition and consumer watchdog will have greater...

Tamara Haddow, the "accidental" entrepreneur who founded event staffing leader Black Diamond Agency

Tamara Haddow, the "accidental" entrepreneur who founded event staffing leader Black Diamond Agency

From what began in 2010 as a modelling agency "undercutting ev...

Guzman y Gomez valuation lifts to $1.72b after securing $134.5m in latest liquidity round

Guzman y Gomez valuation lifts to $1.72b after securing $134.5m in latest liquidity round

Mexican quick-service restaurant chain Guzman y Gomez (GYG) has sec...

Loyalty programs may limit competition, and they could be pushing prices up for everyone

Loyalty programs may limit competition, and they could be pushing prices up for everyone

Loyalty programs enable firms to offer significantly lower prices t...

Scape partners with APG and Ivanhoe Cambridge for $1b student accommodation joint venture

Scape partners with APG and Ivanhoe Cambridge for $1b student accommodation joint venture

Scape Australia has formed a new partnership with Dutch pension inv...

Small businesses urged to review insurance amid ongoing cost-of-living pressures
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Entrepreneurship

"Monumental step": STRONG Pilates to open second global HQ in California

"Monumental step": STRONG Pilates to open second global HQ in California

Born in Melbourne and now with 55 studios worldwide, fast-growing fitness franchise STRONG Pilates has officially announced a launch in the US market where it plans to...

Australian horse gut health pioneer Poseidon enters US market

Australian horse gut health pioneer Poseidon enters US market

From its origins as a husband and wife applying their pharmaceutica...

Making data make sense: Canberra startup Aristotle Metadata stealthily bags major global contracts

Making data make sense: Canberra startup Aristotle Metadata stealthily bags major global contracts

After more than six years in 'stealth mode' as its founders...

Scaling into the US: Learnings for Aussie and Kiwi startups

Scaling into the US: Learnings for Aussie and Kiwi startups

How does an Aussie or Kiwi startup make a breakthrough in the US? I...

MERGERS AND ACQUISITIONS

Adamantem pips IPH to the post with takeover deal for QANTM Intellectual Property

Adamantem pips IPH to the post with takeover deal for QANTM Intellectual Property

When asked to choose between holding shares in competitor and suito...

KONE buys Gold Coast lift services company Orbitz Elevators

KONE buys Gold Coast lift services company Orbitz Elevators

Gold Coast-headquartered Orbitz Elevators has been acquired by Finn...

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) ...

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Retail

Out with the bathwater: Baby Bunting shares plunge amid sales slump

Out with the bathwater: Baby Bunting shares plunge amid sales slump

Reports of consumers trading down and a stalled recovery have spook...

Australian retail industry's peak bodies seal merger agreement for the ‘greater good’

Australian retail industry's peak bodies seal merger agreement for the ‘greater good’

After several years toying with the idea, Australia’s peak re...

Major supermarket fruit and veg supplier Southern Cross Produce calls in administrators

Major supermarket fruit and veg supplier Southern Cross Produce calls in administrators

High debt levels and insufficient working capital have pushed one o...

Weaker consumer spending takes its toll on Bapcor as shares slump 29pc

Weaker consumer spending takes its toll on Bapcor as shares slump 29pc

A tough retail market looks set to impact second-half earnings for ...

 

Opinion

Australia just made a $940m bet on building the world’s first ‘useful’ quantum computer in Brisbane

Australia just made a $940m bet on building the world’s first ‘useful’ quantum computer in Brisbane

The Australian government has announced a pledge of approximately A...

‘Invisible’ consultants help companies write sustainability reports. Here’s why that’s a problem

‘Invisible’ consultants help companies write sustainability reports. Here’s why that’s a problem

Around the world, more and more companies are publishing sustainabi...

Scaling into the US: Learnings for Aussie and Kiwi startups

Scaling into the US: Learnings for Aussie and Kiwi startups

How does an Aussie or Kiwi startup make a breakthrough in the US? I...

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Leadership

PharmAust suffers board exodus as chairman among a spate of shock departures

PharmAust suffers board exodus as chairman among a spate of shock departures

The surprise announcement by Dr Michael Thurn to resign as CEO of P...

Shock sacking of Australian Vintage CEO puts merger plans with Accolade Wines in turmoil

Shock sacking of Australian Vintage CEO puts merger plans with Accolade Wines in turmoil

Australian Vintage (ASX: AVG) and its potential merger with Austral...

Go1 co-founder Vu Tran to leave edtech unicorn, hopes legacy will be further startup spin-offs

Go1 co-founder Vu Tran to leave edtech unicorn, hopes legacy will be further startup spin-offs

Go1 co-founder Vu Tran has today announced he will be stepping back...

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Property

"Exceptional result" for realestate.com.au owner REA Group as buy listings surge

"Exceptional result" for realestate.com.au owner REA Group as buy listings surge

Realestate.com.au operator REA Group (ASX: REA) has reported a 24 p...

John Holland Group leads nation in construction project starts by value

John Holland Group leads nation in construction project starts by value

Melbourne-headquartered, Chinese-owned John Holland has taken the n...

Gurner gets green light for $250m Port Douglas resort with underwater aquarium rooms

Gurner gets green light for $250m Port Douglas resort with underwater aquarium rooms

Prolific Melbourne-based developer Gurner has received a planning p...

Record revenue for Rent.com.au as payments platform reaches $250m milestone

Record revenue for Rent.com.au as payments platform reaches $250m milestone

Perth-based property rental platform Rent.com.au (ASX: RNT) has see...

 

CAPITAL RAISING & FINANCE

Court dismisses longstanding CBA class actions over continuous disclosure

Court dismisses longstanding CBA class actions over continuous disclosure

After more than six years of legal proceedings alleging Australia...

Data consultancy firm V2 Digital to double team size with $30m raise

Data consultancy firm V2 Digital to double team size with $30m raise

Only a year since launching operations, fast-growing Melbourne-base...

Ahead of the herd: Livestock management platform AgriWebb raises $11 million

Ahead of the herd: Livestock management platform AgriWebb raises $11 million

A Sydney-based agtech that tracks more than 23 million heads of liv...

More fintech capital raises unannounced than announced in 2023

More fintech capital raises unannounced than announced in 2023

Data compiled by Techboard from Australian Securities and Investmen...

Health

PharmAust suffers board exodus as chairman among a spate of shock departures

PharmAust suffers board exodus as chairman among a spate of shock departures

The surprise announcement by Dr Michael Thurn to resign as CEO of P...

Australian horse gut health pioneer Poseidon enters US market

Australian horse gut health pioneer Poseidon enters US market

From its origins as a husband and wife applying their pharmaceutica...

LuminaX Healthtech Accelerator accepts record cohort of founders for 2024

LuminaX Healthtech Accelerator accepts record cohort of founders for 2024

The Gold Coast’s LuminaX HealthTech Accelerator has accepted ...

Zea Relief gets a healthy boost to its retail footprint through Woolworths distribution deal

Zea Relief gets a healthy boost to its retail footprint through Woolworths distribution deal

Zea Relief, a Tasmanian wellness scale-up that has developed a rang...

Technology

Tritium operations "stabilised" as EV players show interest in potential transaction

Tritium operations "stabilised" as EV players show interest in potential transaction

Receivers and managers for embattled electric vehicle (EV) fast-cha...

More fintech capital raises unannounced than announced in 2023

More fintech capital raises unannounced than announced in 2023

Data compiled by Techboard from Australian Securities and Investmen...

Green hydrogen group Hysata backed by energy giant BP in monster $172m Series B

Green hydrogen group Hysata backed by energy giant BP in monster $172m Series B

Wollongong-based green hydrogen electrolyser manufacturer Hysata ha...

ASX-listed Rectifier Technologies claims $25m debt from collapsed Tritium

ASX-listed Rectifier Technologies claims $25m debt from collapsed Tritium

An ASX-listed power module supplier to collapsed electric vehicle (...

Legal

“The system is broken”: Victims of Latitude data breach left unanswered by OAIC

“The system is broken”: Victims of Latitude data breach left unanswered by OAIC

More than a year since announcing it would launch a class-action la...

Court dismisses longstanding CBA class actions over continuous disclosure

Court dismisses longstanding CBA class actions over continuous disclosure

After more than six years of legal proceedings alleging Australia...

ASX-listed Rectifier Technologies claims $25m debt from collapsed Tritium

ASX-listed Rectifier Technologies claims $25m debt from collapsed Tritium

An ASX-listed power module supplier to collapsed electric vehicle (...

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