Tritium charged down as administrators called in

Five months after attempting to turn its fortunes through jobs cuts and an Australian factory closure, Brisbane-headquartered electric vehicle (EV) fast-charger company Tritium (NASDAQ: DCFC) has today announced the appointment of voluntary administrators (VAs). The former unicorn, which has recently been under scrutiny by the NASDAQ ...

Read More ...

Just Wines acquires collapsed spirit subscription service Liquor Loot for $1.2m

Only eight months since rescuing non-alcoholic specialty store Sans Drinks from voluntary administration, Sydney-based Just Wines has added another collapsed brand to its portfolio after acquiring online craft spirit subscription service Liquor Loot in a deal understood to be worth $1.2 million. Founded in 2016 by Joel Hauer, Liquor Loot i...

Read More ...

UniSuper pumps $623m into Macquarie green energy and climate fund

One of the nation’s largest super funds, UniSuper, has committed up to USD$400 million (AUD$623 million) into an energy transition fund at Macquarie Asset Management that will invest in six sustainability projects worldwide. The fund, known as the Macquarie Green Energy and Climate Opportunities Fund (MGECOF), will purchase six solar, win...

Read More ...

Founder-led Solution Underwriting acquired by UK insurance provider CFC

After 14 years in business and with 55 staff spread across four Australian offices, Melbourne-based Solution Underwriting has been acquired by insurance and cyber products provider CFC for an undisclosed value with the co-founders receiving shares in the UK-headquartered buyer. The move comes just over three years after CFC's acquisiti...

Read More ...

The Star Gold Coast CEO resigns after just six months in the role

The exodus of The Star Entertainment Group's (ASX: SGR) new breed of leadership continues with the CEO of the company's Gold Coast casino and resort, Jessica Mellor, tendering her resignation after just six months in the position. The announcement comes amidst the second Bell Inquiry to determine the company's suitability to hold a ...

Read More ...