When one Slack post at Canva can spark mass redundancy fears, it says more about the software sector’s anxiety than the company itself.
Finance and markets
ASIC has set its sights on how individual investors are accessing the booming private credit asset class via managed account platforms.
Killing surcharges might spare consumers one irritation, but it will not settle the bigger question of who shapes the payments system next.
Australia’s most popular airline could face an earnings hit of nearly 2% as a direct result of the Reserve Bank’s overhaul of the way payment fees and surcharges work.
The RBA has moved to kill surcharges and cut card fees, but its payments overhaul has kicked off a fresh fight over who ultimately wears the cost.
The first big IPO at the ASX’s new headquarters in Martin Place was fittingly relaxed for a company best known for its mattresses. That didn’t stop the shares from soaring on debut.
The ASX-listed GP staking shop has been unfairly caught on the wrong side of the AI trade dominating markets. Now it’s playing offence.
The new listed investment trust is leaning into market turmoil with a $200m float, pitching itself as a “safe harbour” as investors hunt for defensive opportunities.
RBA assistant governor Brad Jones says banks have been slow to embrace tokenised deposits. But some argue that delay could yet work in their favour.
Superannuation funds now manage more money than the market value of the entire ASX. As they increasingly flex their muscles in deal situations, bidders are being warned to adjust.
The medical imaging company has experienced a run for the ages, with the stock up 2,000% in the ASX in less than a year. Not everyone is convinced it can continue.
Artificial intelligence, an oil crisis and political turmoil are colliding across markets and business. Some cashed-up investors see opportunity in the chaos.
