MoneyMe launch virtual credit account ahead of listing

MoneyMe launch virtual credit account ahead of listing

Fintech MoneyMe will list on the ASX tomorrow, but that hasn't stopped the company from making one last announcement as a private company. The group has launched a product called Freestyle, a virtual credit account, which MoneyMe hopes will replace the need for a physical credit card. Freestyle allows users to use their smartphone...

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Centuria acquires two Arnott's factories

Centuria acquires two Arnott's factories

Property investor Centuria is betting big on Tim Tams and Shapes biscuits with the acquisition of two Arnott's factories in Queensland and South Australia for $236 million. Centuria Industrial REIT (ASX: CIP) will raise $154 million through a $3.41 per unit placement to partially fund the acquisitions, which will be leased b...

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Cann Global snags exclusive rights for Olivia Newton John's cannabis formulations

Cann Global snags exclusive rights for Olivia Newton John's cannabis formulations

Olivia Newton John's (pictured) very public struggle with breast cancer gathered a lot of attention from the global media, especially because of her unconventional approach to overcoming the illness. Newton John famously took a holistic approach to her stage 4 metastatic breast cancer, using cannabis in conjunction with her convention...

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Smiles Inclusive sells two QLD practices to 1300SMILES

Smiles Inclusive sells two QLD practices to 1300SMILES

Embattled dental company Smiles Inclusive's (ASX: SIL) cash position will receive a well needed boost after selling two practices in Queensland's Lockyer Valley region to 1300SMILES (ASX:ONT). The practices in Gatton and Laidley were sold by SIL subsidiary Totally Smiles for an undisclosed sum, and the group is also cons...

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The art of teamwork: five ways to take collaboration to the next level

The art of teamwork: five ways to take collaboration to the next level

A strong, united team in the workplace is important, and for good reason.  Companies that promote and encourage collaborative work are five times more likely to be high performing. Teamwork is essential to driving business forward; staff that work together in an engaged, honest and transparent are far more productive than those t...

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Centuria buys Canberra office property for $256m

Centuria buys Canberra office property for $256m

Centuria Capital Group (ASX: CNI) now spent more than $700 million on office property acquisitions in the space of three months following the purchase of Canberra's NewActon Nishi Building. Centuria Capital Group (ASX: CNI) has today announced a subsidiary has acquired the Canberra property for $265 million, with funding support ...

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Investors thirsty for ASX debutante Nuchev's goat milk infant formula

Investors thirsty for ASX debutante Nuchev's goat milk infant formula

Founded by Synlait co-founder Ben Dingle (pictured), Nuchev (ASX: NUC) currently sells its product into Australia, China and Hong Kong. Another infant formula player has launched on the ASX today, with Nuchev (ASX: NUC) joining the likes of A2 Milk (ASX: A2M), Bellamy's (ASX: BAL), Wattle Health (ASX: WHA) and Bubs Australia (ASX: BUB...

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Beacon Lighting powers down energy solutions business

Beacon Lighting powers down energy solutions business

Beacon Lighting (ASX: BLX) has announced the winding up of its energy solutions business and the sale of its Brisbane distribution centre, marking a major strategic shift for the company. The closure related to the company failing to maintain a sustainable energy solutions company, according to Melbourne-based Beacon whose primary busines...

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Global travel demands lead to A2 Milk boss resignation

Global travel demands lead to A2 Milk boss resignation

The CEO of the a2 Milk Company (ASX: A2M) has resigned as the company continues to grow and succeed overseas. Managing director and CEO Jayne Hrdlicka has agreed to step down from her role and will be replaced on an interim basis by former CEO Geoffrey Babidge. Over the last 18 months Hrdlicka has driven the company's internationa...

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Orders sought against Wilson and Bentley over Keybridge shares

Orders sought against Wilson and Bentley over Keybridge shares

It has now been almost a decade since corporate raider Nicholas Bolton put money into beleaguered investment vehicle Keybridge Capital (ASX: KBC), but the war of attrition to secure control is far from over. Between May 2007 and December 2008, the shock of write-downs and a breach of debt covenants sent Keybridge shares spiralli...

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iSignthis suspends outbound SWIFT transfers over money laundering concerns

iSignthis suspends outbound SWIFT transfers over money laundering concerns

Update: Since this article was originally published on 6 December, iSignthis has downgraded its FY19 (ending 31 December) guidance from $10.7 million to $6.5 million. Payment identity verifier iSignthis (ASX: ISX) has made the decision to temporarily suspend outbound international SWIFT transfers from Australia due to concerns around anti...

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City of Adelaide announces $400 million Central Market Arcade facelift

City of Adelaide announces $400 million Central Market Arcade facelift

The iconic Central Market Arcade is set to receive a $400 million redevelopment to improve one of Adelaide's most beloved retail precincts. The Central Markets are a veritable hub in the South Australian capital, attracting local foodies, tourists, and everyone in between to the centre of the city every week. The redevelopment of ...

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Nothing in vain for digital marketer Social Status

Nothing in vain for digital marketer Social Status

John Klein believes keeping different brands has been key to lifting the standing of his digital marketing company Social Status. Klein worked in market research for eight years, over that time gaining a deep understanding of consumer behaviour. However, being a people person, he knew better to step away from the spreadsheet and delve int...

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LandMark White rebrands as Acumentis

LandMark White rebrands as Acumentis

Following a disastrous 2019 during which LandMark White (ASX: LMW) was hit with not one but two data breaches, the property valuer has decided to rebrand. Say goodbye to LandMark White and welcome to the stage: Acumentis. The group says the new name has been derived from two Latin words; acumen (meaning a keen insight and sharpness in...

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The Iconic unveils Sydney fulfilment centre upgrade

The Iconic unveils Sydney fulfilment centre upgrade

One of Australia's leading fashion e-retailers The Iconic has completed an 8,000sqm fulfilment centre expansion that will lift its inventory capacity by 1.55 million units. The retailer's Yennora 2 upgrade in South West Sydney now gives it an overall capacity of more than 3.75 million units, with an additional 20km of shelvin...

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Supreme Court sets aside statutory demand against Smiles Inclusive

Supreme Court sets aside statutory demand against Smiles Inclusive

Within a week of having a major suit against it dropped, dental care company Smiles Inclusive (ASX: SIL) is today claiming victory in another legal matter. This morning the Supreme Court of Queensland set aside a statutory demand served by the former owners of Sydney-based Future Care Mobile Dentistry (FCMD), who sold their busi...

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Coles to pay Norco dairy farmers $5.25 million after allegedly misleading consumers

Coles to pay Norco dairy farmers $5.25 million after allegedly misleading consumers

Norco Co-operative Limited (Norco) dairy farmers will receive $5.25 million from Coles (ASX: COL) after the supermarket giant failed to pass on a 10c per litre price rise. The payment to Norco follows an investigation by the Australian Competition and Consumer Commission (ACCC) into whether Coles fully passed on to Norco a 10c per litre p...

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Carlton United Breweries pours itself a tall glass of Balter

Carlton United Breweries pours itself a tall glass of Balter

Carlton United Breweries (CUB) has nabbed itself another craft brewery with the acquisition of Gold Coast-based Balter. The acquisition for an undisclosed sum will see Balter join the CUB family alongside fellow formerly 'indie' beer labels like Goose Island, Wild Yak, Pirate Life and 4 Pines. CUB is estimated to have almost a...

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iSignthis takes ASX to court

iSignthis takes ASX to court

It has now been more than two months since payment identity verifier iSignthis (ASX: ISX) was suspended from trading, and the company's board has had enough. iSignthis was riding high until a report from Ownership Matters in September raised concerns over the release of performance shares to top executives, prompting a wave ...

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Afterpay reports record sales, bringing in $1 billion during November

Afterpay reports record sales, bringing in $1 billion during November

Buy-now pay-later (BNPL) provider Afterpay (ASX: APT) has finally hit the $1 billion mark, signifying the platform's strongest month of sales since its inception. The $1 billion of monthly underlying sales was buoyed by the Black Friday and Cyber Monday sales, which Afterpay says were record trading days for the company. The recor...

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Megaport to raise $62m for network expansion

Megaport to raise $62m for network expansion

Fast-rising cloud technology company Megaport (ASX: MP1) has announced a $62 million capital raise to boost its funding arsenal for accelerating expansion into new markets. The Brisbane-based company, which provides interconnection services between cloud networks, will also use the funds for capacity upgrades, working capital requirements...

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Victorian venture Jolly Miller vies for vegan market share

Victorian venture Jolly Miller vies for vegan market share

"Although Australia is home to one of the world's fastest-growing vegan markets, we identified a gap in the market for brands offering quality vegan baked goods," says Jolly Miller Group CEO Simon Barbar. Victorian cafe and patisserie owner The Jolly Miller Group has grown rapidly over the past year with 12 non-franchis...

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Caason Group partners with Hemp Farms Australia to build local hemp supply chain

Caason Group partners with Hemp Farms Australia to build local hemp supply chain

The emerging hemp sector in Australia is becoming big business, but without an adequate local supply chain the industry risks becoming too reliant on international imports. A new partnership between an agricultural investment group and Australia's major hemp cultivars is looking to change that status quo. Hemp Farms Australia (HFA...

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Adairs lifts guidance after $76m e-commerce acquisition

Adairs lifts guidance after $76m e-commerce acquisition

Shares in furniture retailer Adairs (ASX: ADH) surged 13 per cent to $2 each in early trading this morning after the company lifted profit guidance and announced plans to acquire online home and living products seller Mocka. Adairs has entered a binding agreement to buy Mocka for a notional initial enterprise value of around $NZ...

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Google co-founders Larry Page and Sergey Brin step down from Alphabet leadership

Google co-founders Larry Page and Sergey Brin step down from Alphabet leadership

The founders of the world's fourth-largest listed company are calling it a day for their executive roles at Alphabet Inc (NASDAQ: GOOGL), but they will still stay on as shareholders and board members. One of the most significant executive departures of the decade was announced this morning with Google co-founders Larry Page (CEO)...

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Uniti Group acquires 1300 Australia for $78m

Uniti Group acquires 1300 Australia for $78m

Adelaide-based telco Uniti Group (ASX: UWL) (fka 'Uniti Wireless') is poised to acquire Australia's leading 'phonewords' provider for $78 million following a substantial capital raise. Uniti will acquire 100 per cent of 1300 Australia and its related entities for $78 million, funded by an $85 million entitlement raise....

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Criminal charges laid against former BCU CEO

Criminal charges laid against former BCU CEO

A former director and CEO of credit union BCU could face up to 10 years in jail if found guilty of criminal charges made against him by the Australian Securities and Investments Commission (ASIC). Lyndon Allen Kingston (pictured) was an executive - first as CFO and then CEO - at Coffs Harbour-based BCU for nine years and was a senior...

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Heavyweight investors back $8m raise for restaurant ordering app me&u

Heavyweight investors back $8m raise for restaurant ordering app me&u

Australian mobile ordering and payments app for the hospitality industry me&u has announced an $8 million Series B funding round backed by some major investors. Merivale's Justin Hemmes (pictured right) and Tyro Payments have invested in the startup that removes the friction of waiting in lines to pay or order at restaurants,...

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Stacked Farm, Australia's first fully robotic end-to-end vertical farm

Stacked Farm, Australia's first fully robotic end-to-end vertical farm

Whether it be Bowery Farming backed by Google's parent company Alphabet, Square Roots which was founded by Elon Musk's brother Kimbal, or the innovative startup InFarm with leafy green-growing modules installed in supermarkets, vertical farming is a fertile space for development right now. Australia may have one of the world&...

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Aussie-founded retail software scale-up Bigtincan bags deal with Sephora USA

Aussie-founded retail software scale-up Bigtincan bags deal with Sephora USA

Software as a Service (SaaS) company Bigtincan (ASX: BTH) is set to finish 2019 on a high after securing a $2.8 million contract with personal care and beauty product retailer Sephora USA, owned by global luxury product leader LVMH Moët Hennessy Louis Vuitton. Bigtincan's sales enablement automation software is used by ...

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