Finance and markets
The Hims & Hers acquisition of the telehealth startup will benefit VCs and advisers, but will also trigger the biggest staff payout in the Australian ecosystem to date.
The seismic shift in domestic funding holds significant consequences for Australia as superannuation swells beyond $4.5 trillion.
Telstra shares gained 3.6% to touch their highest levels in more than 5 years after a ‘solid’ half-year result allowed it to hike its dividend.
Shares in the alternative asset manager fell by around 10% in response to its “pretty solid” full-year results, with the downward move puzzling its co-CEO.
