Steadfast CEO Robert Kelly steps aside over ‘workplace complaint’, shares fall 10pc

Steadfast CEO Robert Kelly steps aside over ‘workplace complaint’, shares fall 10pc

Shares in insurance broker giant Steadfast Group (ASX: SDF) have dropped by 10 per cent today following news its CEO Robert Kelly has temporarily stepped aside as an extern...

Barbeques Galore closure caps brutal cull of iconic Australian retail brands that stood for decades

Barbeques Galore closure caps brutal cull of iconic Australian retail brands that stood for decades

The move to liquidate Barbeques Galore announced this week marks th...

Magellan wins ACCC clearance for Barrenjoey merger and plans a rebrand to ditch its own name

Magellan wins ACCC clearance for Barrenjoey merger and plans a rebrand to ditch its own name

Sydney-based fund manager Magellan Financial Group (ASX: MFG) has s...

Takeover target Monash IVF slashes full-year profit guidance as cycle volumes decline

Takeover target Monash IVF slashes full-year profit guidance as cycle volumes decline

Almost two months after rejecting a $350 million takeover bid ...

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Hearing tech Audeara rises from fledgling startup to $21m ASX listing in six years

Hearing tech Audeara rises from fledgling startup to $21m ASX listing in six years

Six years ago, Audeara (ASX: AUA) was a start-up aiming to make h...

Australia orders 25 million COVID-19 vaccine doses from Moderna

Australia orders 25 million COVID-19 vaccine doses from Moderna

Biotechnology company Moderna (Nasdaq: MRNA) has entered into a n...

The pressure is on for Australia to accept the coronavirus really can spread in the air we breathe

The pressure is on for Australia to accept the coronavirus really can spread in the air we breathe

More than a year into the pandemic, the World Health Organization...

Qantas delays planned resumption of international flights to late December

Qantas delays planned resumption of international flights to late December

With the exception of flights to and from New Zealand, Australian...

Cybersecurity is a business risk, not an IT problem

Cybersecurity is a business risk, not an IT problem

A cyber attack on a business is about more than technology. The ...

Craft gin maker Mt Uncle: the 'hobby' that became a world beater

Craft gin maker Mt Uncle: the 'hobby' that became a world beater

North Queenslander Mark Watkins could never have imagined his lov...

IHME estimates COVID deaths more than double official reports

IHME estimates COVID deaths more than double official reports

It is widely known that COVID-19 deaths worldwide are likely...

Scentre Group recovery outpaces Vicinity Centres as shoppers flock to Westfield

Scentre Group recovery outpaces Vicinity Centres as shoppers flock to Westfield

After recording a $3.73 billion loss due to COVID-related re...

HQs stay grounded for Qantas with expansions in the wings for Melbourne, Brisbane

HQs stay grounded for Qantas with expansions in the wings for Melbourne, Brisbane

Qantas Airways (ASX: QAN) CEO Alan Joyce says moving headquarters...

The financial case for knockdown rebuild on established Australian land
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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

Magellan wins ACCC clearance for Barrenjoey merger and plans a rebrand to ditch its own name

Magellan wins ACCC clearance for Barrenjoey merger and plans a rebrand to ditch its own name

Sydney-based fund manager Magellan Financial Group (ASX: MFG) has s...

Order platform Fresho expands UK presence and fires up tech capabilities with Nation Wilcox buyout

Order platform Fresho expands UK presence and fires up tech capabilities with Nation Wilcox buyout

Australian order management platform Fresho has expanded its presen...

US consortium ups the ante in battle for Steadfast Group with $7.7b bid priced at a big premium

US consortium ups the ante in battle for Steadfast Group with $7.7b bid priced at a big premium

Steadfast Group (ASX: SDF) has entered into an exclusivity deed wit...

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Retail

Barbeques Galore closure caps brutal cull of iconic Australian retail brands that stood for decades

Barbeques Galore closure caps brutal cull of iconic Australian retail brands that stood for decades

The move to liquidate Barbeques Galore announced this week marks th...

Super Retail Group sets its sights on 110 new stores as Rebel brand targets regional markets

Super Retail Group sets its sights on 110 new stores as Rebel brand targets regional markets

Super Retail Group (ASX: SUL) has unveiled a five-year strategy to ...

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...

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...

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CAPITAL RAISING & FINANCE

Spenda launches $8.5m entitlement offer at steep discount to retire debt and recapitalise

Spenda launches $8.5m entitlement offer at steep discount to retire debt and recapitalise

Perth-based fintech Spenda Limited (ASX: SPX) has launched an accel...

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...

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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Property

Hong Kong private equity investor JY Group snares 50pc of Adelaide’s Westfield Marion for $670m

Hong Kong private equity investor JY Group snares 50pc of Adelaide’s Westfield Marion for $670m

Hong Kong-based private equity firm JY Group has exchanged contract...

Property fintech Rent.com.au achieves record bond loans in May as path to profitability accelerates

Property fintech Rent.com.au achieves record bond loans in May as path to profitability accelerates

Property fintech Rent.com.au (ASX: RNT) has posted record Rent...

Azure gains approval for $115m terrace home project on Gold Coast's last Lumina residential site

Azure gains approval for $115m terrace home project on Gold Coast's last Lumina residential site

Brisbane-headquartered developer Azure has secured Gold Coast City ...

Prime Urban progresses $55m Bendigo business park plans as first stage opens near full occupancy

Prime Urban progresses $55m Bendigo business park plans as first stage opens near full occupancy

Prime Urban Group is advancing plans for the second stage of its $5...

Health

Takeover target Monash IVF slashes full-year profit guidance as cycle volumes decline

Takeover target Monash IVF slashes full-year profit guidance as cycle volumes decline

Almost two months after rejecting a $350 million takeover bid ...

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...

Technology

DorsaVi licenses robotics IP from Singapore's NTU in push beyond wearable sensors

DorsaVi licenses robotics IP from Singapore's NTU in push beyond wearable sensors

Melbourne-based wearable sensing and robotics company DorsaVi Limit...

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...

Legal

Forex broker Union Standard slapped with record $300m fine over CFD trading that cost investors $83m

Forex broker Union Standard slapped with record $300m fine over CFD trading that cost investors $83m

Collapsed foreign exchange broker Union Standard International Grou...

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) ...

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