'LinkedIn for music' Jaxsta hits play on groundbreaking deal

'LinkedIn for music' Jaxsta hits play on groundbreaking deal

The volume has been turned up a few decibels for music-tech start up Jaxsta (ASX: JXT) after signing a commercial deal with Australian music royalties association APRA AMCOS. The milestone is the first revenue-generating commercial deal for the company's Jaxtsa Pro platform - a comprehensive music credits site where industry...

Read More...
Carly moves up a gear into New Zealand

Carly moves up a gear into New Zealand

Car subscription company Carly has inked a deal with listed automotive company Turners Automotive Group (ASX: TRA) to launch the platform in New Zealand by March 2020. The deal, between Carly's parent Collaborate (ASX: CL8) and Turners, will see the New Zealand company commit to supply 200 vehicles for their own stock within six month...

Read More...
Jeanswest appoints voluntary administrators

Jeanswest appoints voluntary administrators

Classic Australian clothing retailer Jeanswest faces a possible restructure after voluntary administrators KPMG stepped in today. KPMG's Peter Gothard and James Stewart have been appointed as voluntary administrators for the brand which first opened its doors in Perth in 1972. The announcement will only impact Jeanswest's...

Read More...
Pegasus secures $28 million investment from US firm Accel-KKR

Pegasus secures $28 million investment from US firm Accel-KKR

Newcastle-based safety and competency tech company Pegasus has secured a $28 million capital injection from Silicon Valley investment firm Accel-KKR. The Australian company, which offers competency management, training, and site safety services for a variety of industries intends to deploy the funds to expand rapidly in the UK, Europe, an...

Read More...
Smoothie Bombs' 'cybersquatting' case is a lesson for every business owner

Smoothie Bombs' 'cybersquatting' case is a lesson for every business owner

In this modern era, having a good product and a strong sales plan in place is just one part of the equation for retail success. As marketing, sales, promotion and products are more online than ever before, ensuring your intellectual property is in place and sufficiently protected is essential. One Australian founder learned this the h...

Read More...
Kangaroo Island Plantation Timbers hit again by bushfires

Kangaroo Island Plantation Timbers hit again by bushfires

The bushfires on Kangaroo Island, South Australia, which have ravaged a large swathe of the western part of the island continue to cause problems for farmers in the region. In particular Kangaroo Island Plantation Timbers (ASX: KPT) has felt the heat, with the fires forcing the company into voluntary suspension from the ASX while the dama...

Read More...
Former Guvera CEO banned from managing companies

Former Guvera CEO banned from managing companies

Darren Herft, the former CEO of music streaming platform Guvera, has been banned from managing corporations for a period of two years by the Australian Securities and Investments Commission (ASIC). Herft's ban follows the failure of four companies within the Guvera group which collapsed in June 2017. Guvera was founded in 2008 by ...

Read More...
Ailing Evans Dixon US property fund reports further woes

Ailing Evans Dixon US property fund reports further woes

Evans Dixon's (ASX ED1) US Masters Residential Property Fund (ASX: URF) has been on rocky ground of late, and its woes have continued to worsen into the new year. The company has been forced to reduce its net asset value (NAV) by up to 30 per cent as a result of a struggling New York City housing market, an unfavourable exchange rate,...

Read More...
Medicinal cannabis clinic company to list on the ASX

Medicinal cannabis clinic company to list on the ASX

Emerald Clinics, a company that specialises in cannabinoid treatments, has launched a $6-8 million IPO ahead of a launch on the ASX next month. The company has four clinics in Sydney, Melbourne, Perth and the Northern Rivers region of NSW, providing safe access to cannabinoid medicines for qualified patients in collaboration with referrin...

Read More...
Corporate Travel Management completes $26.5m US acquisition

Corporate Travel Management completes $26.5m US acquisition

Corporate Travel Management (ASX: CTD) has successfully acquired a Texas-based travel services provider for USD$18 million (AUD$26.5 million), bolstering its position as a Top 10 player in North America. The transaction to buy Corporate Travel Planners Inc (CTP) comprises 90 per cent cash and 10 per cent CTD stock, and is expected to...

Read More...
Zip records strongest quarter to date

Zip records strongest quarter to date

Buy-now pay-later (BNPL) platform Zip Co (ASX: Z1P) has capped off its strongest quarter to date in Q2 FY20, with record transaction volumes and an influx of new customers. The listed fintech recorded transaction volumes of more than $200 million in a single month for the first time during the December quarter. Zip was certainly given...

Read More...
Bega returns to business as usual post-bushfires

Bega returns to business as usual post-bushfires

Australian dairy producer Bega Cheese (ASX: BGA) hopes to get the business back up and running as soon as possible following the disastrous Australian bushfires. The company says while the bushfires have had a "significant impact" on its farmers and employees there has been minimal direct impact to the company overall or its ong...

Read More...
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...

Read More...
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...

Read More...
Australian Vintage confirms extent of damage from SA bushfires

Australian Vintage confirms extent of damage from SA bushfires

Wine company Australian Vintage (ASX: AVG) has confirmed that a vineyard in South Australia has been affected by bushfires. AVG's 30-hectare vineyard in Charleston, east of Adelaide and near Lobethal, was impacted by the Cudlee Creek bushfire which burnt through more than 17,000 hectares and destroyed more than 80 houses. "It...

Read More...
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...

Read More...
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...

Read More...
Kangaroo Island Plantation Timbers ravaged by SA bushfires

Kangaroo Island Plantation Timbers ravaged by SA bushfires

Listed timber business Kangaroo Island Planation Timbers (ASX: KPT) has entered into voluntary suspension from the ASX after its plantations were significantly affected by the South Australian bushfires. The company is still assessing the total damage done to its plantations, but it is estimated that about 90 per cent of the plantations o...

Read More...
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...

Read More...
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...

Read More...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 1487
Mudgeeraba QLD 4213

LoginTell a FriendSign Up to Newsletter