Business News Australia
WEBBusiness News Australia report on news as it breaks and inspirational stories for you to reach your greatest potential.
Australia's Top 50 fastest growing tech companies revealed
WEBApr 7, 2022 · Monarc Global, an automated pricing software for aircraft, took out the top prize with 6,331 per cent growth, edging ahead of retail media platform CitrusAd which grew by 3,095 per cent, and nuclear medicine company Telix Pharmaceuticals (ASX: TLX) whose revenue was up 2,573 per cent.. The recognition is another string in the bow for CitrusAd founder Brad Moran after winning the Australian ...
DroneShield shares shot down despite record sales - Business …
WEB22 July 2024. DroneShield (ASX: DRO) CEO Oleg Vornik. DroneShield (ASX: DRO) shares lost more than 20 per cent of their value today despite record first-half cash receipts of $21.4 million and a doubling of its sales pipeline to $1.1 billion in the space of three months, as investors were turned off by a quarter-on-quarter decline in revenue.
Macquarie Bank fined record $4.9m over energy futures trades
WEBSep 25, 2024 · Macquarie Bank fined a record $4.9m over suspicious energy futures trading. Macquarie Bank has been fined a record $4.995 million for failing to prevent suspicious orders being placed on the electricity futures market in the highest penalty ever imposed by the Markets Disciplinary Panel.
Mosaic Brands says goodbye to $11m e-commerce brand EziBuy
WEBApr 3, 2023 · Mosaic - which also owns such brands as Katies, Noni B, Millers and more - decided to drop $11 million in October 2021 to buy the remaining 49.9 per cent stake in online fashion and homewares company EziBuy, which is primarily in New Zealand but has an online presence in Australia.. At the time Mosaic Brands CEO and managing director Scott Evans highlighted how the group had worked quietly and ...
ACL's $1.58b merger with Healius to wait on ACCC decision
WEBSep 14, 2023 · Advertisement. ACL’s $1.58b merger with Healius hits a snag as ACCC decision looms. By Nick Nichols. 14 September 2023. The $1.58 billion off-market takeover bid for pathology company Healius (ASX: HLS) has been put on hold by Australian Clinical Labs (ASX: ACL) pending a decision by the competition watchdog and a …
Adelaide launches $125m green cement project - Business News …
WEBJul 12, 2022 · Adelaide's $125 million green cement project a big step for Australia's carbon target. By Nick Nichols. 12 July 2022. A $125 million green cement project with the potential to deliver 1 per cent of Australia’s carbon emissions reduction target by 2030 has been launched in South Australia.
Carsales.com's profit accelerates 23pc to $161m - Business News …
WEBAug 15, 2022 · Carsales.com firing on all cylinders as profit accelerates to $161m. By Nick Nichols. 15 August 2022. Australia’s dominant online vehicle marketplace Carsales.com (ASX: CAR) is firing on all cylinders with buoyant conditions in its domestic and international operations leading to a 23 per cent increase in FY22 profit to $160.8 million.
2021 Melbourne's Top Companies revealed - Business News …
WEBMar 25, 2021 · A great reshuffling has been afoot in the list of Melbourne's Top 50 Listed Companies over the past year as certain industries thrived while others were left battered and bruised.
Regulators approve Kirin's takeover of Blackmores - Business …
WEBJul 4, 2023 · Kirin's $1.9 billion Blackmores takeover gets green light from regulators. By Business News Australia. 4 July 2023. Marcus Blackmore, the largest shareholder of Blackmores and son of founder Maurice Blackmore. Marcus stepped down from the board in 2020 after driving the company's global expansion and its ASX listing in 1985.