Secrets Shhh celebrates new store in Robina Town Centre

Secrets Shhh celebrates new store in Robina Town Centre

The cat is out of the bag: Secrets Shhh have opened a brand-new store in Robina Town Centre, bringing the brand's tally of total stores to 17, and you're invited to the grand opening! The luxury jewellery brand is celebrating the grand opening of its latest store with a jam-packed day on Saturday 5th October. The public is inv...

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Gilmour Space Technologies taps Titomic to 3D print rocket parts

Gilmour Space Technologies taps Titomic to 3D print rocket parts

Gold Coast-based Gilmour Space Technologies will partner with Melbourne manufacturing group Titomic (ASX: TTT) to build high-performance rocket and aerospace components. Gilmour Space Technologies is tapping into Titomic's solid-state metal additive manufacturing technology, developed by the CSIRO and commercialised by Titomic in 2014...

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Power Ledger extends P2P solar software reach in Japan

Power Ledger extends P2P solar software reach in Japan

An Australian company that harnesses blockchain technology for peer-to-peer (P2P) energy trading has secured its second trial in Japan. Perth-based Power Ledger has announced a partnership with Japanese solar provider Sharing Energy and electricity retailer eRex to trial its P2P trading platform in Kanto, a region that includes ...

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Acquisition to make Tesserent Australia's largest cybersecurity company

Acquisition to make Tesserent Australia's largest cybersecurity company

Listed cybersecurity firm Tesserent (ASX: TNT) is poised to acquire the security division of ICT consultants PS&C for $16 million. The acquisition will make Tesserent Australia's largest listed dedicated cybersecurity business, with more than $30 million revenue forecast for FY20. PS&C Security was created through the merg...

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iSignthis shares suspended over ASIC and ASX enquiries

iSignthis shares suspended over ASIC and ASX enquiries

Shares in payment identity verifier iSignthis (ASX: ISX) have been suspended since yesterday pending the outcome of price movement enquiries from the stock exchange and the Australian Securities and Investments Commission (ASIC). ISX shares rose 14 per cent on Tuesday to hit $1.07 after the group reported the annualised gross process...

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Man arrested over Landmark White data breach

Man arrested over Landmark White data breach

The NSW Police Force Cybercriminal Squad have arrested a man in relation to the data breach incidents that affected real estate valuation business Landmark White (ASX: LMW). The man has been identified as 49-year-old Stephen Grant, who the Sydney Morning Herald reported as having worked for 12 years at Landmark White. H...

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Blue Sky Alternatives Access Fund sells Atira student living interests

Blue Sky Alternatives Access Fund sells Atira student living interests

As Blue Sky Alternatives Access Fund (ASX: BAF) works on lifting its performance ahead of a new management decision, the group has settled a deal to sell  all its interests in the Atira student accommodation portfolio. BAF did not disclose the selling price, but indicated it was consistent with expectations announced on 6 September f...

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NAB to fork out another $1.19 billion on customer remediation

NAB to fork out another $1.19 billion on customer remediation

National Australia Bank (ASX: NAB) shares are down 3 per cent in early trading after the lender announced additional charges of $1.19 billion for further customer-related remediation. This takes the total remediation provisions to almost $2.1 billion as the bank seeks to rectify its reputation in the wake of the Royal Commission into...

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Zero Co launches campaign to get Australians to ditch single-use plastics

Zero Co launches campaign to get Australians to ditch single-use plastics

High profile Aussies and sophisticated investors are backing a new eco-startup that's getting us to go zero. Zero Co is an Australian business hoping to eliminate single-use plastics from every Australian kitchen, laundry and bathroom. The startup has already raised $600,000 during a pre-seed capital round with an experienced mix ...

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ASX grills Smiles Inclusive over KPMG audit

ASX grills Smiles Inclusive over KPMG audit

The Australian Stock Exchange (ASX) has called on embattled dental group Smiles Inclusive (ASX: SIL) to provide copies of all email communications with its auditors KPMG since August 30 in the wake of a surprise $31 million loss announcement this week. The result is much worse than the $19 million loss announced just over a month ago in S...

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360 Capital's Digital Infrastructure Fund to list on the ASX

360 Capital's Digital Infrastructure Fund to list on the ASX

Following a successful $50 million pre-IPO raising and an oversubscribed $65 million Institutional Book Build 360 Capital (ASX: TGP) has announced its plans to list a key fund on the ASX. The 360 Capital Digital Infrastructure Fund, a fund that exposes investors to digital and technological infrastructure assets, will list on the ASX unde...

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Kathmandu hangs ten with $350 million acquisition of Rip Curl

Kathmandu hangs ten with $350 million acquisition of Rip Curl

Iconic Australian surf brand Rip Curl is set to be acquired by New Zealand-based Kathmandu (ASX: KMD) for $350 million. If the acquisition is successful, Kathmandu expects to have in excess of NZ$1 billion of revenue thanks to the combination of its Kathmandu, Oboz and Rip Curl brands. The combined group will have a footprint of 341 o...

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Silver Chef reveals $64 million loss

Silver Chef reveals $64 million loss

Hospitality group Silver Chef (ASX: SIV) has released its audited FY19 results, and the loss is worse than the group initially anticipated. Silver Chef has posted a FY19 statutory net loss after tax of $64.9 million, down from the anticipated statutory net loss of $18.6 million it announced in unaudited final results back in August. T...

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Smiles Inclusive loss deepens to $31 million as chairman flags debt risk

Smiles Inclusive loss deepens to $31 million as chairman flags debt risk

After launching a capital raise despite only offering investors unaudited results to go by, waning dental company Smiles Inclusive's (ASX: SIL) has come out with another shocker today. In late August the group surprised the market with a $19 million loss, but that turned out to be an understatement. In fact, statutory results...

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C-suite puts businesses at risk by ignoring cybersecurity protocol

C-suite puts businesses at risk by ignoring cybersecurity protocol

No matter how often you change your passwords, update security protocols and software, and invest in protecting data, it can all come undone by personnel that don't comply with security policy. As it turns out, the biggest culprit when it comes to non-compliance of cybersecurity policy is those sitting in the c-suite. According to...

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Bonitas threatens defamation suit against Rural Funds

Bonitas threatens defamation suit against Rural Funds

A short seller who sent shares plummeting for Rural Funds Group (ASX: RFF) claims he will be protected by America's First Amendment right to free speech in defamation proceedings against him. RFF's responsible entity Rural Funds Management (RFM) has commenced proceedings against Texas-based Bonitas Research in the S...

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Sydney CBD office sales on the verge of wavering

Sydney CBD office sales on the verge of wavering

The first half of 2019 was a strong period of CBD strata sales, but despite solid fundamentals the market is expected to slow significantly in the coming years. During the first half of 2019 $101.77 million of sales were recorded of Sydney CBD strata stock, but overarching demand levels for purchasing are beginning to show signs of waveri...

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Employment growth to boost Brisbane CBD office market

Employment growth to boost Brisbane CBD office market

Global property consultancy Knight Frank is optimistic about the future of Brisbane's CBD office market. The outlook is positive according to the consultancy's latest CBD Office Market Overview report, with the Brisbane CBD office market to benefit from continued growth in Queensland's economy. Knight Frank says that forec...

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Maxcon appointed for $85 million Adelaide development

Maxcon appointed for $85 million Adelaide development

Building company Maxcon has been appointed to construct the new $85 million Penny Place apartment development in the Adelaide CBD. Located on Angas Street near Victoria Square, Penny Place will comprise 152 apartments, car parking, and a bike store. There will also be a ground floor lobby, residential lounge and kitchen, and a space f...

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Nufarm to sell South American arm for $1.19 billion

Nufarm to sell South American arm for $1.19 billion

Shares in Nufarm (ASX: NUF) have surged 35 per cent in early trading after the crop protection company announced it had entered a deal to sell its South American operations for $1.188 billion. Japan's Sumitomo Chemical Company intends to buy Nufarm South America, which includes crop protection and seed treatment operations in Bra...

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Elevator entrepreneur Jon Dwayre lifts top prize at Gold Coast awards

Elevator entrepreneur Jon Dwayre lifts top prize at Gold Coast awards

The Gold Coast Young Entrepreneur Awards 2019 was choc-a-bloc with business talent tonight, but the evening eventually revolved around Jonathan Dwayre and his elevator empire Orbitz. Competition was tough but it was the meteoric rise of Orbitz Elevators that most impressed the judges, with exceptional year-on-year growth and massive job c...

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Tonight, we celebrate the Gold Coast's young game-changers

Tonight, we celebrate the Gold Coast's young game-changers

It is no secret that the Gold Coast is one of the best places to do business in Australia. Sure, the surf, sand, and impeccable weather make every day feel like paradise, but the city's young entrepreneurs are proving the place is more than just a tourist destination. Tonight, the cream of the crop of the Gold Coast's young bu...

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City Chic aims to snap up e-commerce assets from bankrupt US fashion retailer

City Chic aims to snap up e-commerce assets from bankrupt US fashion retailer

An Australian company that emerged from the shadows of Specialty Fashion Group (SFG) is now on the acquisition path for the e-commerce assets of a bankrupt US retailer. After returning to profit in its first year under a new name, City Chic Collective's (ASX: CCX) share price has steadily climbed from just 20 cents at the start o...

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Girl Geek Academy soars with SheFlies acquisition

Girl Geek Academy soars with SheFlies acquisition

Melbourne-based Girl Geek Academy has acquired international initiative SheFlies to further its mission to teach one million women to learn technology by 2025. SheFlies is a suite of programs designed to increase gender equality in tech spaces like drones, space and aviation. The programs are designed to celebrate the achievements of ...

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Drakes Supermarkets launches new SA distribution centre

Drakes Supermarkets launches new SA distribution centre

A new $125 million distribution centre in Adelaide's northern suburbs marks the beginning of SA supermarket Drakes' independence from The Metcash Group. Drakes, now 100 per cent independent and South Australian owned, has built the distribution centre in Edinburgh North. The centre is three times the size of the MCG or 40 Olym...

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Canberra cannabis breakthrough: A sign of change or just hot air?

Canberra cannabis breakthrough: A sign of change or just hot air?

The majority of leading ASX-listed cannabis stocks rose in value this morning after the Australian Capital Territory (ACT) passed a bill yesterday to legalise the possession, consumption and cultivation of cannabis for recreational use. But is the excitement justified? Opinions vary within this booming industry with some viewing Canb...

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Takeovers Panel blocks Benjamin Hornigold takeover

Takeovers Panel blocks Benjamin Hornigold takeover

The attempted takeover of Benjamin Hornigold by NSX-listed investment management company John Bridgeman has been shut down by the Takeovers Panel. After raising red flags in early September due to the apparent lack of competitiveness of John Bridgeman's offer, the panel has decided to stop the takeover in its tracks. John Bridgema...

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Future Care threatens legal action against Smiles Inclusive

Future Care threatens legal action against Smiles Inclusive

Two Sydney-based dental entrepreneurs who sold their business to Smiles Inclusive (ASX: SIL) last year have lodged a claim against the embattled company over alleged non-payment. Smiles' acquisition of Future Care Dental Group (FCDG) was part of a 2018 spending spree backed by an April IPO that saw the Gold Coast company expand its sc...

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Fastbrick to tap into underserved Mexican market with construction giant partnership

Fastbrick to tap into underserved Mexican market with construction giant partnership

Robotic construction company Fastbrick (ASX: FBR) has announced a new partnership with Mexican construction giant Grupo GP. The company is tapping into the Mexican market with a serious deficit of well-made, affordable homes. Fastbrick managing director and CEO Mike Pivac says his WaaS technology can be utilized well in Mexico. &q...

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HotCopper grows globally with Canadian acquisition

HotCopper grows globally with Canadian acquisition

Australian stock market forum HotCopper (ASX: HOT) has revealed its global ambitions with the announcement of a $22 million acquisition. The company will acquire Canadian based Stockhouse Publishing by purchasing all the shares outstanding in Cherubim Investment Corp, Stockhouse's sole member. Following the acquisition, Hot Copper...

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