$10 MILLION FUND SEEKS AUSSIE STARTUPS WITH 'SIGNAL'

$10 MILLION FUND SEEKS AUSSIE STARTUPS WITH 'SIGNAL'

A NEW early stage $10 million Australian venture capital fund is going where few have before on our shores and seeking signal deep in the startup trenches. 

Backed by support from prominent early stage American investors, the appropriately named Signal Ventures has launched in Melbourne.

Signal Ventures is the brainchild of two...

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MELBOURNE BUSINESS CAUGHT UNDERPAYING MIGRANT WORKERS

MELBOURNE BUSINESS CAUGHT UNDERPAYING MIGRANT WORKERS

A MELBOURNE food wholesaler has been slapped with an $85,000 fine in Federal Circuit Court for underpaying migrant and overseas workers. Quality Food World underpaid 46 production and packing staff almost $150,000 from its warehouse at Mordialloc, an investigation by the Fair Work Ombudsman has found. The employees were mostly visa ho...

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ACCC ISSUES 'PLEASE EXPLAIN' TO FUEL RETAILERS

ACCC ISSUES 'PLEASE EXPLAIN' TO FUEL RETAILERS

THE consumer watchdog has put the petroleum industry on notice after revealing low global crude oil prices were not being fully reflected at the bowsers. The Australian Competition and Consumer Commission says it has written to major petrol retailers this month to explain what it says have been 'unreasonably high' retail petrol pr...

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DECEMBER RETAIL SALES PUMP, DESPITE HEATWAVE

DECEMBER RETAIL SALES PUMP, DESPITE HEATWAVE

IT MAY have been tough for Dick Smith Holdings (ASX:DSH), but the broader retail market enjoyed robust trading over December, according to the latest retail turnover figures. The Australian Bureau of Statistics has revealed that retail turnover was up 4 per cent to $24.8 billion during the peak retail month compared a year earlier. Th...

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BUSINESS LEGAL EAGLE HEADS TO NEW FIRM

BUSINESS LEGAL EAGLE HEADS TO NEW FIRM

BUSINESS legal eagle Brett Heading has moved to the new Brisbane office of global law firm Jones Day. Heading (pictured) is well respected in corporate circles, having served as chairman and partner of McCullough Robertson for more than 30 years. He has advised company boards in managing capital raisings, as well as major IPOs includi...

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