Being busy does not mean being unhealthy: Top tips for businessmen and women

Being busy does not mean being unhealthy: Top tips for businessmen and women

As the saying goes, 'if you do not make time for your wellness, you will be forced to make time for your illness.' Australian businessmen and women are often highly skilled when it comes to managing resources, budgets and risks in business, but many fail miserably when it comes to managing their own health, diet, fitness and gener...

Read More...
Lawcadia raises $1.3m in pre-Series A funding round

Lawcadia raises $1.3m in pre-Series A funding round

Legal technology company Lawcadia has received a $1.3 million capital injection to carry out global expansion and product development plans, building on a platform that is already used by all  of Australia's top-tier law firms. The pre-Series A round involved several private investors and early-stage venture capital firm Art...

Read More...
1300 SMILES confirms acquisition talks with Abano

1300 SMILES confirms acquisition talks with Abano

Townsville-headquartered dental group 1300 SMILES (ASX: ONT) has confirmed it is in talks with New Zealand-based Abano Healthcare Group (NZX: ABA) to acquire the company's Australian business. Last night the Australian Financial Review published speculation 1300 SMILES was in talks to buy Abano's Maven Dental Group which...

Read More...
Smiles omits cash burn in capital raise pitch

Smiles omits cash burn in capital raise pitch

With its FY19 results still unaudited and its most recent $323,344 cash position omitted in the investor pitch, dental care company Smiles Inclusive (ASX: SIL) has today announced plans to raise $3.3 million - roughly the value of its most recent market capitalisation - so it can execute a turnaround strategy.  The company will be is...

Read More...
MoneyMe rolls out property marketing BNPL platform ahead of IPO

MoneyMe rolls out property marketing BNPL platform ahead of IPO

Alternative personal finance platforms have been sweeping the world of late, with advances in data analytics and instant access to capital making overnight success stories of companies like Afterpay (ASX: APT) and Zip Co (ASX: ZIP). Personal loan group MoneyMe is throwing its own hat into the buy-now pay-later (BNPL) ring with the launch ...

Read More...
Mogul announces a magic partnership with Wizards of the Coast

Mogul announces a magic partnership with Wizards of the Coast

Esports Mogul (ASX: ESH) has partnered with one of the most popular strategy trading card games creators Wizards of the Coast. The esports tournament and matchmaking platform provider will host Magic: The Gathering Arena (MTG Arena) matches on its Mogul platform. The video game is based on the long-running card game Magic: The Gatheri...

Read More...
Sunglass Hut underpaid 620 staff

Sunglass Hut underpaid 620 staff

The retailer behind one of Australia's best-known sunglasses brands is back-paying $2.3 million to employees around the country after entering court-enforceable undertaking with the Fair Work Ombudsman (FWO). Luxottica Retail Australia Pty Ltd, trading as Sunglass Hut, self-disclosed to the FWO that it underpaid 620 current and f...

Read More...
Gilmour Space Technologies "over the moon" about $150 million space investment

Gilmour Space Technologies "over the moon" about $150 million space investment

Gold Coast space giants Gilmour Space Technologies have welcomed the just announced $150 million investment by the Federal Government into the NASA program 'from the Moon to Mars'. The government hopes its investment will propel the currently $4 billion sector into the stratosphere. Speaking yesterday at Gilmour Space Technolo...

Read More...
Fair Go heads sky bound with $20 million investment

Fair Go heads sky bound with $20 million investment

Global wealth manager Skybound Capital has acquired 60 per cent of Western Australian fintech Fair Go Finance for $20 million. Skybound says the acquisition of the majority stake in Fair Go from its parent company, Frankfurt-listed MyBucks, is part of its strategy to expose itself further to the Australian market. Fair Go was founded ...

Read More...
Superloop to nip debt in the bud with $90m capital raise

Superloop to nip debt in the bud with $90m capital raise

Cloud services connector Superloop (ASX: SLC) is offering up shares at an 18.8 per cent discount to raise $90 million so it can pay off debt. The institutional placement and entitlement offer at $0.82 a share are a far cry from the $1.95 per share QIC Private Capital was proposing for a buyout in May, which failed to produce an agree...

Read More...
Helloworld to acquire TravelEdge Group

Helloworld to acquire TravelEdge Group

The trials and tribulations of British tourism giant Thomas Cook have failed to dampen optimism in the travel sector, with Helloworld Travel (ASX: HLO) today announcing it has agreed to buy TravelEdge Group for $28 million. The deal represents an EBITDA multiple of around six times and will be funded by a new bank facility, with the consi...

Read More...
Brisbane City Council cuts fees to give small business a boost

Brisbane City Council cuts fees to give small business a boost

The balancing act of managing a small business is now easier in Queensland's river city thanks to a new initiative from Brisbane City Council to provide $2 million in cuts to fees and charges. In a bid to reduce compliance costs for getting regulatory approvals over the line, Council is offering 10 per cent, 50 per cent and 100 per ce...

Read More...
Rural Funds claims Bucephalus "slavishly repeated" Bonitas allegations

Rural Funds claims Bucephalus "slavishly repeated" Bonitas allegations

The company that manages agricultural landholder Rural Funds Group (ASX: RFF) is doubling down on its dismissal of allegations raised by Hong Kong-based Bucephalus Research, which last week described the business as a "Ponzi scheme". In a rebuttal released to the ASX this morning, Rural Funds Management (RFM) reiterated its opin...

Read More...
Webjet profits to feel the pinch from Thomas Cook downfall

Webjet profits to feel the pinch from Thomas Cook downfall

One of the world's largest tour operators Thomas Cook has entered compulsory liquidation after it failed to reach a recapitalisation deal to stay afloat, reportedly putting 9,000 jobs at risk in the UK and leaving 600,000 travellers in the lurch worldwide. Here in Australia, one of the country's leading tourism services aggregator...

Read More...
National Veterinary Care acquires two more clinics

National Veterinary Care acquires two more clinics

Listed veterinary service provider National Veterinary Care (ASX: NVL) is continuing with its spree of acquisitions today, announcing the acquisition of two more clinics. The group has acquired one in Australia and one in New Zealand, worth $1.94 million in total. The new clinics are in existing NVL geographic clusters, while the New ...

Read More...
Smiles Inclusive to raise capital as it struggles for survival

Smiles Inclusive to raise capital as it struggles for survival

With only just more than $300,000 in the coffers as of 10 days ago and following a high-volume sell-off of shares on Friday, dental practice Smiles Inclusive (ASX: SIL) has placed its shares in a trading halt pending the announcement of a capital raising. Early last week the Gold Coast Bulletin revealed the company had another capita...

Read More...
Silver Chef sells off hospitality division to avoid collapse

Silver Chef sells off hospitality division to avoid collapse

The board of hospitality business Silver Chef (ASX: SIV) intends to accept a new offer from investment firm Next Capital that should rescue the company from impending administration. Silver Chef says it effectively has no choice but to accept Next Capital's offer to sell the company's core hospitality business for $18 million due ...

Read More...
Solar king Karl Brown takes the crown at Brisbane Young Entrepreneur Awards

Solar king Karl Brown takes the crown at Brisbane Young Entrepreneur Awards

InStyle Solar founder Karl Brown finally has his day in the sun after winning the Brisbane Young Entrepreneur Award on Friday night, beating out one of the most tightly contested groups the event has ever seen. The event was the largest yet for the river city with Brisbane's leading young businesspeople converging on Ry...

Read More...
Mayfair 101 to revitalise Mission Beach with Dunk Island acquisition

Mayfair 101 to revitalise Mission Beach with Dunk Island acquisition

Australian investment group Mayfair 101 intends to pump over $1.6 billion into Queensland's Mission Beach region over the next 15 years following its acquisition of Dunk Island. The group acquired the Queensland island for $31.5 million, meaning the tourist destination will remain in Australian hands. Dunk Island Resort was put up...

Read More...
Smiles shares in freefall with very high volume traded

Smiles shares in freefall with very high volume traded

Shares in cash-strapped dental practice Smiles Inclusive (ASX:SIL) fell by almost a third today before the company announced a temporary trading halt at 2:17pm AEST. Chairman David Usasz then responded to the ASX's query about the issue, claiming the company was not aware of any information that could explain the massive drop. He ...

Read More...
Flight Centre takes full ownership of Ignite Travel Group

Flight Centre takes full ownership of Ignite Travel Group

Gold Coast based Ignite Travel Group is now wholly owned by travel giant Flight Centre (ASX: FLT) after the latter acquired the remaining 51 per cent of the business. Flight Centre previously held 49 per cent of Ignite, with the parties agreeing to bring forward the full purchase of Ignite's Australian and New Zealand business to capi...

Read More...
Setback for Farooq Khan in bid to oust Nicholas Bolton from Keybridge Capital

Setback for Farooq Khan in bid to oust Nicholas Bolton from Keybridge Capital

Update: Shortly after this article was published, Keybridge announced both shareholder meetings had been postponed until 14 October. The battle for control of Keybridge Capital (ASX: KBC) is set to heat up next week after the Takeovers Panel yesterday derailed an attempt from one shareholder to raise question marks over the holdings of an...

Read More...
Online sales drive record retail results for Premier Investments

Online sales drive record retail results for Premier Investments

Solomon Lew's Premier Investments (ASX: PMV) saw its net profit after tax (NPAT) rise 27.7 per cent to hit $177.6 million in FY19, backed by growth across multiple brands in both offline and online retail. Underlying earnings for Premier Retail rose 11.5 per cent to teach $167.3 million, as the company notched record sales for sleepwe...

Read More...
Mad Mex goes global with Singapore and Malaysian expansion

Mad Mex goes global with Singapore and Malaysian expansion

Australian food chain Mad Mex is taking a taste of Mexico to Singapore and Malaysia with the announcement of its global expansion. The group's plans to go international kick off in Singapore this week with a brand-new store and will continue when its Malaysian store opens in December this year. The Marina Bay financial district in...

Read More...
Prestigious awards to recognise Brisbane's finest young entrepreneurs tonight

Prestigious awards to recognise Brisbane's finest young entrepreneurs tonight

Most business people don't set out on their journeys in search of recognition, but rather that desire to create something new, to execute a vision or even just to make a solid living as their own boss. So engrossed are entrepreneurs in their empires that they don't often get the chance to reflect on the significance of the metres ...

Read More...
As cash runs out, ASX asks if Smiles Inclusive should be listed

As cash runs out, ASX asks if Smiles Inclusive should be listed

The Australian Stock Exchange (ASX) has asked embattled dental care group Smiles Inclusive (ASX: SIL) if it should be listed, and the company's response raises more questions than it provides answers. Smiles chairman David Usasz notes the Gold Coast company only had $323,344 in cash as at the end of 13 September. This compares to ...

Read More...
Landmark White sources from within for new CEO

Landmark White sources from within for new CEO

After a tumultuous seven months with its profits damaged by cyber security breaches, property valuer Landmark White (ASX: LMW) has opted for a CEO who has already been a key player in its path to recovery. Timothy Rabbitt (pictured) now assumes full leadership of the company, after stepping into the acting CEO role in March when the ...

Read More...
Bucephalus Research alleges Rural Funds a "Ponzi scheme that could collapse at any time"

Bucephalus Research alleges Rural Funds a "Ponzi scheme that could collapse at any time"

A Hong Kong-based researcher that does not engage in short selling has weighed in to the debate around besieged Australian farmland owner Rural Funds (ASX: RFF). Bucephalus, a research subscription service with the motto 'exposing creative accounting', followed Texas-based Bonitas Research's lead in criticising RFF in a r...

Read More...
BPH Energy sparks up interest in medicinal cannabis

BPH Energy sparks up interest in medicinal cannabis

One of the leading listed Australian companies playing in the medicinal cannabis sector right now is Cann Global (ASX: CGB), which incidentally used to be a bauxite mining business.  CGB delisted from the ASX for a year in order to realign the business from boring holes in the ground to focusing on a completely unrelated and relative...

Read More...
Rural Funds dismisses critical report from Bucephalus Research

Rural Funds dismisses critical report from Bucephalus Research

The Australian farmland owner at the centre of a controversial short selling campaign is now in the sights of another overseas analyst. Shortly after launching a lawsuit against Texas-based Bonitas Research over its allegations about the company, Rural Funds Group (ASX: RFF) is now under attack from Bucephalus Research in Hong Kong. ...

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