Kayla Itsines and Tobi Pearce buy back Sweat from US owner after $200 million sale
Kayla Itsines and Tobi Pearce will once again lead the Sweat fitness empire they founded, after buying back the company they sold to US firm iFIT for millions.
Grants of up to $2 million on offer for regional Queensland SMEs
The fund will offer matched funding grants of between $500,000 and $2 million to established SMEs to undertake projects in regional Queensland.
Beauty giant Mecca becomes latest brand hit by fake scam ads on Facebook, Instagram
Meta’s advertising library shows that many of scam URLs have been featured in advertisements on the platform. There’s no information about how many users were shown these advertisements or how they were targeted.
Why Carol Schwartz is backing women-owned VC funds
Schwartz says it is imperative that women entrepreneurs can access the capital they need to ensure their businesses can scale and thrive.
Cost of living pressures see young people cut back on essentials
Spending by people aged 25 to 29 on must-haves, such as groceries and pharmaceuticals, fell 3.7% over the year to September, based on Commonwealth Bank payments data.
“Can’t keep up”: Gina Rinehart urges Mark Zuckerberg to crack down on Meta scams
Australia's richest person Gina Rinehart has urged Meta founder Mark Zuckerberg to crack down on the "hundreds" of imitation scams on Facebook which use Rinehart's image and likeness.
Hats off: The Forrest’s Aussie brand empire expands after acquiring Akubra
Andrew and Nicola Forrest's acquisition of classic Australian brands continues with the purchase of hatmaker Akubra, which will join labels like R.M.Williams and Bega Group under the Tattarang investment firm umbrella.
Court actions by Big Four banks against SMEs ramp up to pre-pandemic levels
The Big Four banks are ramping up their court activity against small businesses as interest rates continue to rise, with legal actions firmly at pre-pandemic levels in October.
“Shot in the arm”: Coalition pushes to expand new instant asset write-off to $30,000
The Coalition is pushing to expand the new-look instant asset write-off scheme, arguing it should cover eligible assets worth up to $30,000, up from $20,000 covered by the Labor government plan.
Cash may not be king, but the Optus outage shows it’s far from obsolete
A March 2021 RBA report found from March 2020 to February 2021, the value of banknotes in circulation rose 17.1% to $97.3 billion because people were holding onto money at home.
Metcash set to fully acquire Total Tools
Wholesale distribution company Metcash will fully acquire trade tool supplier Total Tools by the end of this month.
Why Australia’s lobbying code of conduct needs greater transparency
Compared to international lobbying registers, Australian registers provided little information. Only four jurisdictions (federal, Australian Capital Territory, Victoria and Queensland) provided information about whether a lobbyist had previously worked in government.