His private vehicle Consolidated Press reported a profit of $323.9 million on revenues of $5.9 billion in the last financial year, and it will pay a $110 million dividend.
Technology and startups
Tenmile’s evergreen model keeps returns in the fund, backing new generations of Australian life sciences startups instead of paying out investors.
Rising demand from AI and the energy transition is shaking up mining, and venture capital is ready to break new ground in one of the world’s oldest industries.
Australia has the brains and grit to compete globally, but not the speed. To win capital, founders must ditch comfort and move with US-level urgency.
Radium Capital has passed a $1 billion lending milestone by turning R&D tax incentives into a cashflow tool for companies.
Sydney-based IREN has struck a $14.8 billion deal with Microsoft to fuel its AI cloud ambitions, underlining its transformation from Bitcoin miner to 'neocloud' operator.
As AI reshapes work and society, accessibility can’t be an afterthought. Designing for inclusion is how we build a fairer, smarter future.
The home energy fintech secures CEFC backing as battery installations run five times higher than this time last year, with 100,000 households installing storage in just four months.
Canva's flurry of AI related deals now make a lot more sense. But in launching its Creative Operating System, it risks losing the simplicity that is behind its success.
The founders confirmed to Capital Brief last week that they would exit their AI security startup Redactive following its sale to RecordPoint.
The Perth-based startup has struck deals with Quiksilver, Papinelle and Audi to start rolling out its sustainable plastic alternative.
Two investors are attempting to thwart an "insultingly low" bid from the buy now pay later's chairman and controlling shareholder and are hopeful others will join them.
Nvidia’s Jensen Huang is telling anyone who will listen that there is no AI bubble. OpenAI’s revamp and Big Tech results will put that faith to the test.
As Australia tiptoes around AI regulation, billions in data investment are heading offshore — and AirTrunk’s Saudi deal overnight is the latest warning sign.
Labor is juggling the benefits of artificial intelligence with fears over its long-term impact on the labour market.
