ATO crackdown on tax debts leads to 50pc spike in insolvencies above pre-COVID levels

ATO crackdown on tax debts leads to 50pc spike in insolvencies above pre-COVID levels

Tax debt has emerged as one of the biggest drivers of corporate insolvencies over the past year, with the latest data from Alares Insights showing April tracked&n...

The Star confirms US casino group Hard Rock has shown interest in striking a deal

The Star confirms US casino group Hard Rock has shown interest in striking a deal

The Star Entertainment Group (ASX: SGR) has confirmed speculation t...

GO.FARM to invest $600m in new agriculture fund

GO.FARM to invest $600m in new agriculture fund

One of Australia's leading producers of several crops with 88,0...

Medibank lifts customer cashbacks to a healthy $305m as claims growth eases

Medibank lifts customer cashbacks to a healthy $305m as claims growth eases

Health insurer Medibank Private (ASX: MPL) has upped its cashback p...

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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...

Fleet Space Technologies satellite launch a ‘boost for net-zero goals through mining’

Fleet Space Technologies satellite launch a ‘boost for net-zero goals through mining’

Adelaide-based space exploration company Fleet Space Technologies h...

Finexia elevates credit boss Patrick Bell to CEO amid new growth phase for non-bank lender
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Entrepreneurship

Aussie-founded Cover Genius raises $119m in Series E round amid rapid growth for insurtech

Aussie-founded Cover Genius raises $119m in Series E round amid rapid growth for insurtech

Cover Genius, a US-based insurtech founded by former Australian travel industry entrepreneurs Angus McDonald and Chris Bayley, has raised $US80 million ($119.2 million) in ...

"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 f...

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...

MERGERS AND ACQUISITIONS

Goat's milk group Nuchev buys Adelaide health products supplier bWellness for $7m

Goat's milk group Nuchev buys Adelaide health products supplier bWellness for $7m

Founder-chaired goat milk products company Nuchev (ASX: NUC) is und...

ACCC throws a spanner in the works for Louis Dreyfus in its bid for Namoi Cotton

ACCC throws a spanner in the works for Louis Dreyfus in its bid for Namoi Cotton

The takeover plans of Singapore’s Louis Dreyfus Company (LDC)...

Southern Cross Media board not keen to sacrifice LiSTNR podcast holdings for complex ARN takeover

Southern Cross Media board not keen to sacrifice LiSTNR podcast holdings for complex ARN takeover

Sacrificing full ownership of Australia's largest and fastest-g...

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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

MediSecure data breach: why is health data so lucrative for hackers?

MediSecure data breach: why is health data so lucrative for hackers?

The latest large-scale ransomware attack on a health technology pro...

Chalmers is bitten by the giveaway bug in a budget that contains good news for almost everyone

Chalmers is bitten by the giveaway bug in a budget that contains good news for almost everyone

Treasurer Jim Chalmers has been bitten by the giveaway bug. This bu...

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...

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Leadership

"Irreconcilable differences": President of Ecofibre's textile business joins lawsuit, resigns

"Irreconcilable differences": President of Ecofibre's textile business joins lawsuit, resigns

Two senior executives from Ecofibre's (ASX: EOF) highest revenu...

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...

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Property

Lendlease enters joint venture with Warburg Pincus in Asia

Lendlease enters joint venture with Warburg Pincus in Asia

Australian development giant Lendlease (ASX: LLC) has announced tod...

Openn Negotiation calls administrators a week after $1.3m bid for prop-tech Proffer Group

Openn Negotiation calls administrators a week after $1.3m bid for prop-tech Proffer Group

A week after announcing plans to acquire prop-tech Proffer Group fo...

"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...

 

CAPITAL RAISING & FINANCE

GO.FARM to invest $600m in new agriculture fund

GO.FARM to invest $600m in new agriculture fund

One of Australia's leading producers of several crops with 88,0...

'54-year-old startup' Tracks plunges into new sets with Surf Shacks, 24/7 TV channel

'54-year-old startup' Tracks plunges into new sets with Surf Shacks, 24/7 TV channel

After the dumping waves of the pandemic nearly knocked out iconic A...

RecycleSmart raises $1.15m to address Australia’s waste management problem

RecycleSmart raises $1.15m to address Australia’s waste management problem

A Sydney-based environmental service company that recycles overlook...

Tinder co-founder backs viral Aussie job swiping app Getahead

Tinder co-founder backs viral Aussie job swiping app Getahead

"There's no one I can't reach out to," says Getah...

Health

Medibank lifts customer cashbacks to a healthy $305m as claims growth eases

Medibank lifts customer cashbacks to a healthy $305m as claims growth eases

Health insurer Medibank Private (ASX: MPL) has upped its cashback p...

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 ...

Technology

Tinder co-founder backs viral Aussie job swiping app Getahead

Tinder co-founder backs viral Aussie job swiping app Getahead

"There's no one I can't reach out to," says Getah...

Brisbane biometric ID group Grabba secures Dubai foothold with Du Telecom contract renewal

Brisbane biometric ID group Grabba secures Dubai foothold with Du Telecom contract renewal

Biometric and identity technology company Grabba, backed by tech en...

ID verification software scale-up Data Zoo raises $35m

ID verification software scale-up Data Zoo raises $35m

A Sydney-headquartered company that provides automated know your cu...

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...

Legal

SkyCity Adelaide to pay $67m penalty over anti-money laundering compliance failures

SkyCity Adelaide to pay $67m penalty over anti-money laundering compliance failures

Adelaide's SkyCity casino has reached an agreement with the nat...

QLD Government buys time on The Star licence suspension decision

QLD Government buys time on The Star licence suspension decision

The Queensland Government has for the second time deferred a suspen...

Pizza Hut hit with $2.5m penalty for sending spam emails and texts to customers

Pizza Hut hit with $2.5m penalty for sending spam emails and texts to customers

Pizza Hut Australia’s operator Pizza Pan Group has been fined...

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