News
Red alert on red tape: Spectur urges councils to expedite safety systems
Local councils have been urged to review their beach safety measures after an Australian tech company’s device played a crucial role in the rescue of a drowning fisherman this week.
You’ve got to be kidding: ‘Produce grandkids or we’ll sue you’
It’s a big week for lawsuits with corporate regulator ASIC suing ANZ over falsified credit card balances and actor Johnny Depp’s US$50 million defamation case against ex-wife Amber Heard due to wrap up
XJO outperformer’s new strategy now that era of growth ‘is over’
As interest rates chase inflation higher, Capital H Management’s Harley Grosser expects the era of growth at any cost – which defined the past decade – is coming to an end.
Far East Gold granted environmental approval for drilling at Woyla project
Far East Gold has announced that the Woyla copper gold project was granted the necessary environmental approval for advanced exploration activities.
Australian profits hit record high, topping half a trillion dollars
Australian profits soared to a record high of $505.4 billion in the year ending March, with new statistics showing a lift in operating profits and wages in the latest quarter too
Why institutional investors are backing agriculture commodities in their portfolios
Worried by strong inflation and high levels of market volatility, investors are seeking new opportunities that can benefit from the current macroeconomic conditions.
Aussie business serving up ‘rare opportunity’ to hungry retail investors
The recent successes of venture capital firms like Bailador have whet the appetite of investors, and Cyan Investment Management’s Dean Fergie thinks Touch Ventures may be a beneficiary.
Note from the MD: Markets unfazed by election as new PM joins inflation talks
Saturday’s federal election barely moved the needle on markets, with the ASX 200 (ASX: XJO) trading more-or-less sideways this week despite the change of government.
Safety first: The only company tapping into this $360m market
When Optus needed a solution to ongoing theft and disruption at their remote mobile phone tower sites, they turned to a tech start-up for help. Spectur’s innovative technology led to such a marked reduction in crime that Optus now relies on it to protect more than 100 locations.
Casino forced to pay employee over lack of invite to staff drinks
A casino in the UK has found itself more than $130,000 out-of-pocket after a staff cocktail party took a sinister turn, providing a timely reminder of the value of civility as businesses plan their end-of-financial-year parties.
Weekly wrap: What an Albanese victory means for investors
Labor was swept back into power and will control Australia’s 47th Federal Parliament under the leadership of Anthony Albanese. The Coalition was decimated, but voters abandoned both major parties in droves in favour of independents and smaller parties, signalling a widely held desire for political and economic change.
Election creates ‘significant opportunity’ for green investors
Australia is poised to benefit from a massive influx of institutional ‘green’ capital after Saturday’s federal election saw Labor storm into power on a platform of stronger climate action.
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