ECS Botanics scores Woolworths distribution deal for hemp-based soups

ECS Botanics scores Woolworths distribution deal for hemp-based soups

Hemp food company ECS Botanics (ASX: ECS) has landed a distribution deal with Woolworths that will see a range of hemp-based soups stocked on the supermarket's shelves. While the total revenue expected to be generated from the deal is still uncertain, the company will ramp up manufacturing runs to meet the anticipated first order from...

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Bushfire season slams Suncorp with $519m natural hazard cost

Bushfire season slams Suncorp with $519m natural hazard cost

The destructive bushfires witnessed over the end of 2019 and into the beginning of the 2020 have proven costly for Suncorp's (ASX: SUN) insurance arm, with natural hazard costs in 1H20 topping out at $519 million. Since September 2019 the Queensland-based company has received more than 2,600 bushfire-related claims, with a total estim...

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Mining magnate Andrew Forrest pledges $70 million to bushfire relief

Mining magnate Andrew Forrest pledges $70 million to bushfire relief

Billionaire Andrew Forrest (pictured) has pledged to donate $70 million toward the bushfire response and recovery process. Forrest, the former CEO of Australian iron ore mining company Fortescue Metals Group, will donate the $70 million via his philanthropic organisation Minderoo Foundation. The charity will break down its donation wi...

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Bolton's Keybridge Capital receives yet another takeover offer

Bolton's Keybridge Capital receives yet another takeover offer

It seems like everyone wants a slice of Keybridge Capital (ASX: KBC), with Australian alternative asset manager Aurora Funds Management throwing its hat in the ring for control of the company. Aurora's Dividend Income Trust (ADIT) announced this afternoon that it intends to make an off-market takeover bid at 6.6c per share to take con...

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Camplify to arrange free accommodation for bushfire victims

Camplify to arrange free accommodation for bushfire victims

With close to 2,000 homes destroyed over this horror bushfire period many Australians are without viable accommodation as the crisis continues. Australia's largest caravan hire and RV sharing community Camplify has stepped up to the plate to offer those affected by the fires free temporary accommodation. The scale-up has created a...

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Caltex confirms approaches from more suitors

Caltex confirms approaches from more suitors

Just a month after knocking back an $8.6 billion takeover offer from Canada's Alimentation Couche-Tard (ATD), Caltex Australia (ASX: CTX) has today confirmed approaches from a number of parties including the UK's EG Group. The announcement follows a report from Bloomberg yesterday that EG was working with a financial adviser ...

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Wisetech acquires Swiss logistics solutions provider for $15.5m

Wisetech acquires Swiss logistics solutions provider for $15.5m

Acquisitive Australian logistics solutions company WiseTech (ASX: WTC) is kicking off 2020 much like it ended 2019, with the purchase of Switzerland's SISA Studio Informatica for $15.5 million plus a multi-year earn-out of up to $8.9 million. WiseTech's detractors including short seller J Capital and "creative accounting&quot...

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Business Council calls on companies to support bushfire relief

Business Council calls on companies to support bushfire relief

The Business Council of Australia has called on its members to support Australians suffering from the ongoing bushfire crisis by coordinating to provide supplies and relief. In addition to two key trusts, the BCA is encouraging businesses with employees voluntarily fighting the bushfires to support those staff with a minimum of 20 days pa...

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Althea patient base surpassed 4,000 in 2019

Althea patient base surpassed 4,000 in 2019

Medicinal cannabis company Althea (ASX: AGH) had a stellar finish to an eventful 2019 with more than 4,000 patients prescribed in Australia. Founded by Joshua Fegan (pictured), who won Trailblazer of the Year at the Melbourne Young Entrepreneur Awards 2019, the company today reported 4,018 patients were prescribed to Althea's CBD...

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Domino's to be served with fresh Federal Court claim by franchisee

Domino's to be served with fresh Federal Court claim by franchisee

Brisbane-based Domino's Pizza Enterprises (ASX: DMP) and its high-profile managing director Don Meij (pictured) will soon be served with a claim in the Federal Court by one of their long-term franchisees. As reported by The Courier Mail, the franchisee in question is Perth-based fast-food veteran Frederick Aloysius Mario White. Wh...

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21 Harris Scarfe stores to close nationwide

21 Harris Scarfe stores to close nationwide

In the lead up to Christmas Australia suffered yet another retail casualty with legacy department store Harris Scarfe announcing that it had fallen into receivership. Today the receivers have revealed the body count of the store's fumble, with 21 stores located around the country to close over the next four weeks. The receivers, D...

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Australian businesses impacted by bushfires

Australian businesses impacted by bushfires

Australia's deadly bushfires have ravaged the country over the Christmas and New Years holiday period in an unprecedented way. At least 19 people have died, and at least 1400 homes have been destroyed in fires along the east coast and in South Australia. So bad have these bushfires been that the Federal Government has mobilised th...

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Blackbook.ai and IRIQ Law build AI legal advisor

Blackbook.ai and IRIQ Law build AI legal advisor

Like seeing the dentist, booking an appointment with a doctor, or finding time to get your computer fixed, hiring a lawyer is often pushed into the Too Hard Basket. Complicated legalese, the looming bills, and the simple fact of time often intimidate many into simply moving on with life despite there being a good chance that a lawyer coul...

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CannPal shares skyrocket on exclusive CSIRO commercialisation agreement

CannPal shares skyrocket on exclusive CSIRO commercialisation agreement

Commercialisation is on the cards for pet pharmaceuticals company CannPal (ASX: CP1) after the company signed a deal with the Commonwealth Scientific and Industrial Research Organisation (CSIRO). The agreement has seen the CSIRO grant CannPal the exclusive global rights to commercialise the patented MicroMAX microencapsulation technology ...

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Sprintlaw races ahead with $1.2 million capital raise for legal tech

Sprintlaw races ahead with $1.2 million capital raise for legal tech

What began as a bootstrapped project to transform legal services through automation has now successfully raised $1.2 million to fund further innovation. Founded in Sydney by Alex Solo (pictured left) and Tomoyuki Hachigo (pictured right) in 2017, online-based Sprintlaw has developed more than 100 custom-built intelligent bots to automate ...

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Experience Co to sell Great Barrier Reef Helicopters, Cairns Canyoning for $17.5m

Experience Co to sell Great Barrier Reef Helicopters, Cairns Canyoning for $17.5m

Shares in tourism company Experience Co (ASX: EXP) have been propelled higher today by the $17.5 million sale of Great Barrier Reef Helicopters (GBRH) and Cairns Canyoning, representing a major step in a strategy to divest non-core assets. The Cairns Canyoning business and assets have been sold back to the business operators, wh...

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Volkswagen slammed with record $125 million penalty

Volkswagen slammed with record $125 million penalty

German car manufacturer Volkswagen has been ordered to pay $125 million in penalties by the Australian Federal Court after breaching consumer law by making false or misleading representations. Volkswagen's $125 million fine is the largest total penalty order ever made by the Federal Court for contraventions of Consumer Law. The pe...

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Lendlease to divest underperforming engineering business for $180 million

Lendlease to divest underperforming engineering business for $180 million

Through FY19 property project developer Lendlease's (ASX: LLC) engineering business has been causing some significant headaches for the company. The segment was one of the main reasons the company posted a 40 per cent dive in profits, down to $467 million from $793 million. It is also currently privy to a class action brought by P...

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Australia's Top 100 Young Entrepreneurs

Australia's Top 100 Young Entrepreneurs

Resourceful, driven and imaginative are just a few words that describe the young business leaders in this list; creators who have made big bets on themselves to the benefit of society and those closest to them. They create not just jobs (although combined they employ more than 10,000 people) but organisations - corporate organisms that gr...

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Australia's Top 100 Young Entrepreneurs: 11-20

Australia's Top 100 Young Entrepreneurs: 11-20

There are several entrepreneurs in this group who are changing the game in health, fitness and medicine. From doing things differently in dentistry or general practice, to pioneering new ground in the medical cannabis industry or reinventing pilates, these disruptors are ones to watch. Tech is also a key theme whether it be IT or util...

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Australia's Top 100 Young Entrepreneurs: 21-30

Australia's Top 100 Young Entrepreneurs: 21-30

To be an entrepreneur, one must be tenacious in securing opportunities even when the chips are down. Many of the entrants in this group have shown grit against the odds and grown powerhouse companies in industries where the competition was already well established. Leaders in the finance space, a handful of digital disruptors and even...

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Australia's Top 100 Young Entrepreneurs: 31-40

Australia's Top 100 Young Entrepreneurs: 31-40

Many people think that entrepreneurs are always pursuing things that haven't been done before. While this may be true of some, most are seeking to do something better rather than something new. This is certainly the case for many of the entrants here. Whether adding new flavours to the food and beverage space, leveraging technolog...

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Australia's Top 100 Young Entrepreneurs: 41-50

Australia's Top 100 Young Entrepreneurs: 41-50

Proving that appearances do matter is what these entrepreneurs do best, but not in the ways you might think. The 41-50 features some of Australia's most innovative marketing specialists who thrive on building brands, as well as specialists who give other companies facelifts through implementing new tech. The Top 50 is also rounded...

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Australia's Top 100 Young Entrepreneurs: 51-60

Australia's Top 100 Young Entrepreneurs: 51-60

Job creation is often brought up in discussions about entrepreneurship, but employment is about more than just a bunch of names and figures in your Xero payroll. The companies in this section impact the lives of staff in many ways, whether it be tailoring the employee experience within large multinationals, upskilling for the future or pr...

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Australia's Top 100 Young Entrepreneurs: 61-70

Australia's Top 100 Young Entrepreneurs: 61-70

They might be a mixed bag of leaders, but the entrepreneurs in this section of the list make a point of standing out. From ethical sales to counter-culture clothing, solar installation to career development, financial services to wholesale, the #61-70 cohort are go-getters who chose to do take a different tack to the competition. Ther...

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Australia's Top 100 Young Entrepreneurs: 71-80

Australia's Top 100 Young Entrepreneurs: 71-80

Having good number crunchers and advisors can mean the difference between failing or thriving in business. That's something many of the entrepreneurs in this group know well, having built companies that help other businesses find their feet financially. Aside from a handful of accountants, the #71-80 group is an eclectic bunch of ...

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Australia's Top 100 Young Entrepreneurs: 81-90

Australia's Top 100 Young Entrepreneurs: 81-90

Many of these entrepreneurs have disrupted areas that you probably wouldn't have guessed needed a shake-up. Whether it be selling large-scale items like printing equipment, electrical services or solar power, they have masterfully carved out unique niches. There are a couple of health & fitness buffs here too who have brought ...

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Australia's Top 100 Young Entrepreneurs: 91-100

Australia's Top 100 Young Entrepreneurs: 91-100

It's a testament to the calibre of entrepreneurs we have in Australia that the final ten on this list are still at the helm of dynamo businesses making a significant nationwide impact. Many of them use innovative technology to enhance their own business or the companies of others. They have an exciting potential to scale in indust...

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Mirvac and John Holland selected to deliver Waterloo metro station development

Mirvac and John Holland selected to deliver Waterloo metro station development

A consortium comprised of Mirvac (ASX: MGR) and John Holland have been selected to deliver Sydney Metro's station development at Waterloo. The anticipated end value of the development is $800 million and should be completed over the next five to six years. John Holland will deliver the Waterloo metro station component of the devel...

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Seven West-Prime Media merger blocked by shareholders

Seven West-Prime Media merger blocked by shareholders

UPDATE: Seven West Media has acquired a 14.9 per cent stake in Prime Media Group following its failed takeover of the company. CEO James Warburton says the stake was acquired to "provide stability for the business" and to "support regional Australia and regional news". The proposed merger of Seven West Media (ASX: SWM)...

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