Business News Australia
Trending News. Public given a say on controversial $480m Gold Coast Arena planned for Southport. Merino & Co blames investor exuberance for massive spike in share price after ASX listing. ACCC gives green light for $8.8 billion merger …
What businesses should know about the ghost work trend
Sep 24, 2024 · Ghost work differs from contract work, such as the work that ghost writers undertake, in that it can be masked or obfuscated behind computer system interfaces, such as APIs. As a result, it raises risks that human operators could be underpaid or treated poorly simply because they are not recognised as a part of the AI development pipeline.
Who Gives A Crap brings on first investors with $41.5m raise
By David Simmons. 14 September 2021. Who Gives A Crap co-founder Simon Griffiths. Some of Australia’s most high profile investors have jumped on board the Who Gives A Crap train as it raises capital for the first time, securing $41.5 million in the process.
SEEK eyes potential $42m takeover of recruitment tech Xref
Oct 14, 2024 · SEEK eyes potential $42m takeover of HR and recruitment tech firm Xref. Online jobs marketplace SEEK (ASX: SEK) has set its sights on snapping up Sydney-based HR and recruitment technology company Xref (ASX: XF1) for $41.2 million, in a deal that will cement a partnership forged by the companies earlier this year.
SPC in $342m merger with Original Juice Co and Nature One
Oct 2, 2024 · SPC Global gains ASX foothold in $342m merger with Original Juice Co and Nature One Dairy. Shepparton-born SPC Global has engineered a reverse takeover of listed drinks producer The Original Juice Company (ASX: OJC) via a three-way merger worth $342 million that includes Nature One Dairy and aims to drive SPC’s global growth ambitions.
Nicholas Bolton finally takes the helm at Yowie Group
By Matt Ogg. 23 May 2024. Photo: Yowie, via Facebook. Nicholas Bolton, the corporate raider who made his name profiting from the failed toll road project BrisConnections in the late noughties, has finally taken the helm at Yowie Group (ASX: YOW) after more than five years of trying to take control of the Perth-based confectionery company.
Brite Advisors to be wound up amidst $106m client funds gap
Feb 7, 2024 · Court orders Brite Advisors be wound up amidst $106m gap in client funds held. By Business News Australia. 7 February 2024. The Australian arm of a global investment manager that has claimed to hold US$682 million ($1 billion) on its books has been ordered to be wound up by the Federal Court, following investigations that began in October after ...
Harvey Norman misled customers over 'interest-free' ads
Oct 18, 2024 · Harvey Norman, Latitude found to have misled customers over ‘interest-free’ advertising. By Business News Australia. 18 October 2024. The nation’s corporate watchdog has delivered a blow to electrical products giant Harvey Norman (ASX: HVN) and personal finance group Latitude (ASX: LFS) today after the Federal Court found both companies ...
Millers owner Mosaic Brands enters administration
Oct 28, 2024 · Millers owner Mosaic Brands calls in administrators after push-back on its restructure plan. Photo: Erina Fair. Fashion retailer Mosaic Brands (ASX: MOZ) has appointed voluntary administrators, ending months of speculation about the company’s future that led to an announcement in September that it was exiting five of its brands and closing ...
Harrolds teases a 'new chapter ahead' despite liquidation
Oct 23, 2024 · Harrolds teases a ‘new chapter ahead’ despite retailer's liquidation with debts of $12.5m. By Nick Nichols. 23 October 2024. Photo via Harrolds Facebook. After 39 years in business, high-end fashion retailer Harrolds was placed into liquidation earlier this month with debts of $12.5 million, but a message on the company’s website has ...