NSW announces extended support for bushfire affected farmers

NSW announces extended support for bushfire affected farmers

The NSW Government is extending its support for farmers affected by the devastating bushfires as the number of livestock confirmed to have perished exceeds 13,000. Government staff are currently on the ground assisting fire-impacted landholders with livestock assessment and burial of dead animals. Minister of Agriculture Adam Marshall...

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Companies dig deep for wildlife rescue and recovery

Companies dig deep for wildlife rescue and recovery

With a University of Sydney researcher estimating more than one billion animals have been killed in Australia's devastating 2019-20 bushfire season, businesses have pledged to lend a helping hand. Woolworths Group (ASX: WOW) yesterday joined the likes of Cadbury and Crown Resorts (ASX: CWN) by pledging to donate at least $250,000...

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SeaLink lodge hit by Kangaroo Island bushfires

SeaLink lodge hit by Kangaroo Island bushfires

Kangaroo Island's leading tourism and transport business SeaLink (ASX: SLK) is assessing the impact of bushfires on its business as one of its major hotels has reportedly been destroyed. The company confirmed on Friday afternoon that its popular holiday lodge at Vivonne Bay sustained "significant damage". However, as rep...

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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...

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Photo Auction to take emerging Australian artists to the world

Photo Auction to take emerging Australian artists to the world

With its launch into Australia last November, Photo Auction hoped to add yet another market to its fast-growing footprint. While sales are one thing, what the retailer is really interested in is uncovering new talent. Based in South Korea, New York and Hong Kong, Photo Auction is an art retailer specialising in photography. The gr...

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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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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...

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Queensland commits $2 million to superyacht berth at The Spit

Queensland commits $2 million to superyacht berth at The Spit

As part of its commitment to developing The Spit on the Gold Coast the Queensland Government has announced it will provide $2 million to help deliver a new superyacht berth. The funding is a part of the Government's $60 million investment in The Spit master plan, which is expected to boost tourism opportunities and improve the area at...

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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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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...

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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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Life's a beach for Tammy Hembrow who just released her latest swimwear collection

Life's a beach for Tammy Hembrow who just released her latest swimwear collection

Influencer-turned-entrepreneur Tammy Hembrow has had a brilliant 2019. On top of winning the Fashion Design Award at the Australian Young Entrepreneur Awards 2019, and being named the number 30 Top Young Entrepreneur of 2019, Hembrow has been travelling the world on the back of her social media and business success. The accomplishment...

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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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Village Roadshow receives $1 billion takeover offer

Village Roadshow receives $1 billion takeover offer

Village Roadshow has received a takeover offer worth almost $1 billion from Pacific Equity Partners (PEP), the investor behind a diverse array of companies including UP Education and Patties Foods. PEP has confirmed it is willing to offer a full cash consideration or a combination of cash and scrip for the Movie World parent. The boar...

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Adapt or Die: Our 2020 Strategic Marketing Guide

Adapt or Die: Our 2020 Strategic Marketing Guide

With a new decade now upon us, I feel that it is the perfect time for a spot of reflection on the years behind and to prepare for the years ahead. These days, the market and therefore marketing practice is evolving at an increasingly rapid pace and businesses must be able to change with the times. To keep up to speed with the rest of ...

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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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