Investors hoping this week's market turmoil might increase the chances of a near-term rate cut were left sorely disappointed on Tuesday.
Finance and markets
In the wake of the No vote on the Voice to Parliament, Powick is turning the firm's focus towards building economic prosperity for Indigenous Australians.
Managing director John Kain discusses the appeal of mid-market transactions and the challenges new merger laws present for public companies in competitive bidding.
The Australian VC is launching an ambitious $200 million fund to target later-stage tech companies. Founding partner Michelle Deaker explains the approach.
The ASX 200 lost 3.7%, Japanese stocks recorded their worst session since 1987 and cryptocurrencies plunged. One strategist described it as "the correction we had to have".
The major banks make consistent profits and pay solid dividends, but they seem unjustifiably expensive. Competitors are looming and winning share but their share prices are not for the faint-hearted.
VCs and corporate lawyers have warned planned changes to Australian merger laws could stifle deals in the innovation sector as a key deadline in the reform process fast approaches.
Big Tech isn't letting up on AI spending despite growing impatience among investors concerned about how long it will take to pay off.
Only two local VCs invested in the gen AI startup: Blackbird and Side Stage Ventures. For the latter, only 18 months old, it's a strong early run on the board.
The graphic design unicorn's acquisition of Leonardo.Ai would be the perfect test case for a mandatory merger-review system — but that's not the regulatory landscape we're in.
