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We write about the game changers and the deal breakers, the loss makers and the profit takers, with the aim of keeping our readers better informed and engaged with the most relevant breaking business and finance news and features from Australia.
The richest man owns X.
The second and third richest men control Google.
The fourth richest man owns Facebook, Instagram, and WhatsApp.
The fifth richest man owns The Washington Post.
And now the sixth richest could soon take over both Paramount and Warner Bros.
See the problem here?
Perth-based biopharmaceutical company Zelira Therapeutics (ASX: ZLD) has secured US$33 million (A$49 million) in funding after its HOPE 1 special purpose vehicle (SPV) signed a deal with ThirdGate Cap
The federal government's National Reconstruction Fund Corporation (NRFC) has announced its first investment for 2026 as it commits $20 million to Sydney-based company Omniscient Neurotechnology (o8t),
A record 25 million passengers passed through Brisbane Airport in 2025, which also marked the hub's centennial year.
The result reflects a 5.3 per cent year-on-year boost, while international passeng
At just 20 years of age Amelia St Baker asked doctors to investigate a lump in her neck that would eventually be diagnosed as cancer. But at the time her concerns were dismissed, exposing gaps in care
Eighteen months ago, it was plausible that artificial intelligence might take a different path than social media. Back then, AI's development hadn't consolidated under a small number of big tech firms
Court actions from major banks eased last year but non-bank lenders have ramped up enforcement to claw back funds from small businesses, representing a shift in what is driving elevated insolvency pre
Construction technology platform SPEC Toolbox, fresh from a rebranding to reflect the broadening scope of its business in automating complex engineering tasks, has raised $3 million in a Pre-Series A
Eureka Group Holdings (ASX: EGH) has secured a second affordable housing village in Victoria in as many months after announcing an $11 million deal for Nagambie Lifestyle Park in the state's north.
T
Melbourne-based respiratory imaging company 4D Medical (ASX: 4DX) has raised $150 million from institutional investors to accelerate commercialisation of its key CT:VQ product in the US where it has a
Cut the words “please” and “thank you” from your next ChatGPT query and, if you believe some of the talk online, you might think you are helping save the planet.
The idea soun
Sunshine Coast-based sustainable cleaning products company Pleasant State has bowed to market pressures, announcing it is closing down its operations before the end of this month after six years of op
The board of Sydney-based hybrid loans and buy-now-pay-later services provider Humm Group (ASX: HUM) has issued a strongly worded plea to shareholders to keep three members safe from a planned ousting
Melbourne-based human resources software giant Culture Amp has appointed Caroline Rawlinson as CEO after about 12 months serving as CFO and COO, to replace co-founder Didier Elzinga as he transitions
Regional NSW-based maritime engineering company Birdon has secured a $125 million contract to design and build a new fleet of revolutionary amphibious vehicles for the Australian Army to replace its a
After toying with plans for an ASX listing for several years, Victorian medicinal cannabis company Cannatrek has engineered a reverse takeover of Perth-based Little Green Pharma (ASX: LGP) to create a
I write about the Adelaide Writers' Week debacle for @theshot.net.au.
theshot.net.au/uncategorize...
Sydney-based Federation Asset Management and investors in one of its funds remain in the dark regarding how much they can recover from the collapse of FAST Group after confirming that the merged entit
Melbourne Airport, which is in the midst of a multi-year upgrade program including a third runway, had its busiest month ever in December after recording more than 3.42 million passenger movements thr
Record December sales for Dan Murphy's have helped Endeavour Group (ASX: EDV) lift revenue for the first half of FY25, but it has come at a cost for the hotels and liquor store operator in the form of
Louise Adler is out. Congratulations to the bookburners, you've destroyed Adelaide Writers' Week.
Specialist deceased estate administration platform estateXchange has secured $12.5 million in seed funding from a swag of rich-listers as well as Macquarie Group (ASX: MQG) as the Melbourne-based star
A year after PWR Holdings (ASX: PWH) secured a milestone US government deal worth $US5.5 million ($8.9 million), the Gold Coast-based company widely known for developing cooling systems for some of th
Severe drought and heat in Victoria and South Australia have taken the shine off an otherwise solid first half for Super Retail Group (ASX: SUL) which reported unaudited revenue of $2.2 billion in the
Fire ravaged communities in Victoria have been given a $19.5 million lifeline from the state and federal governments including $10 million to support farmers who have suffered losses of livestock, cro
While Domino's Pizza Enterprises (ASX: DMP) continues its search for a new group CEO, the company has firmed up its leadership team with the appointment of industry veteran Merrill Pereyra to lead its
Canberra-based defence and space technology company Electro Optic Systems Holdings (ASX: EOS) is acquiring European counterpart MARSS in a deal potentially worth up to $228 million that the company sa
Australian-founded parcel delivery industry disruptor Sendle has hit the skids following a disastrous turn for its merger with two US companies just five months ago, leading the company to halt all bo
