Finance and markets
Two of Australia’s largest banks have declined to participate in an industry trial as the sector divides under government pressure.
The supermarket giant said in its quarterly update that its full-year EBIT growth is no longer set to be in the upper end of the guidance range.
Regal’s Phil King says the Israeli company is “one of the most exciting exposures to the defence industry on the ASX” with its products on Trump’s shopping list.
Australia is producing world-class growth companies, but weak public markets mean too much of their long-term value is ending up offshore.
Energy Market Authority CEO Kok Keong Puah capped off his week-long trip in Australia by meeting with Mike Cannon-Brookes’ investment fund.
Gilmour Space, Advanced Navigation and Neara crossed unicorn status in Q1 — none of them traditional SaaS.