The major banks have too much capital and not enough to do with it. They already started buying back shares, and in 2024 the market is expecting more.
Finance and markets
Kiki's dramatic shift has made a lot of headlines, but it's also given pause to look at the art of pivoting — something fundamental to the success of many startups.
The crash in prices for metals that are crucial to the energy transition is testing the fortitude of Australian miners.
More and more merchants are surcharging you just to pay them. It's hitting the tips of waiters and also distorting price signals in the payment system.
Software was eating the world. Now AI is eating software - including on the ASX.
Chinese stocks keep falling, despite a push by Beijing to talk up the world's second largest economy at Davos. Is this a signal of trouble ahead, or a buying opportunity?
An investor memo obtained by Capital Brief shows the subletting startup's backers were made aware of its controversial decision to pivot, which has generated scorn and outrage in the ecosystem.
International payments are among the most expensive and least transparent in the financial system, and ripe for reform. But the shift to a harmonised, real time system has been anything but swift.
Both sides are arguing the other is at risk of breaching consumer laws, which could theoretically expose them to damage claims, or even steep financial penalties.
Debate about the performance of private companies is healthy and a sign of maturity. But it relies on access to data.
Advisors were keeping an eye on Australia's largest freight rail operator, which is carrying a large amount of debt, long before its major shareholder GIP was acquired this week.
The Mexican food chain is poised to become one of the most hotly discussed IPOs on the ASX in years. Despite recent controversies, its largest shareholder TDM is convinced it’s onto a generational winner.
The startup ecosystem has been doing the hard work of educating investors around the risks (and rewards) of investing in startups for years. That could be be wiped out if a proposal to increase the threshold for qualifying investment goes ahead.
Stake's new CEO, and the bosses of Selfwealth and Spaceship told Capital Brief consolidation is likely in the sector, which exploded in popularity during the pandemic.
