A Melbourne software company has sacked its chief executive for the “likely” unauthorised use of $30m that went missing from the company. Dubber is a call recording software company, founded by ousted chief executive Steve McGovern and two other “friends” in 2011, a now pulled-down version of its website says.Continue Reading
When most people hear the term ‘toupee’, they tend to think of old men wearing dodgy hair pieces that resemble dead possums. But that stereotype is now outdated, and toupees, or ‘hair systems’ as they’re now known, are suddenly all the rage, particularly among follicly challenged men in their 20s,Continue Reading
Australians who will miss out on generous tax cuts aren’t mostly wealthy company bosses or bankers, but ordinary hardworking tradies and small business owners, one economic commentator argues. Prime Minister Anthony Albanese today confirmed the government will water down Stage 3 tax cuts, taking money from those on higher incomesContinue Reading
Five workers have been injured and two have been rushed to hospital after a toxic spill broke out at the Pinjarra Alcoa Refinery south of Perth. Emergency services arrived at the alumina site in Oakley at 3:30pm on Tuesday, after reports of a number of workers had suffered chemical burns.Continue Reading
Australian online graphic design company Canva expects to make an eye-watering $US1.7 billion (A$2.7b) in annualised revenue for the current financial year. On Thursday, the tech unicorn revealed the forecast based on its revenue spanning over the last three months. That’s a staggering figure, especially considering its revenue has surgedContinue Reading
A wine producer travelling in China on a special delegation has expressed confidence Chinese tariffs on Australian wine will be resolved in the short or medium term, with business leaders from both countries “buoyant” about future trade. Richard Dolan, joint managing director of South Australia’s Bec Hardy Wines, touched downContinue Reading
A popular bakery chain has collapsed owing $2m, with administrators urgently trying to find a solution to save the business. The West Australian business, Barretts Bakery, owes the Australian Taxation Office $2m. Administrators were given control of the string of bakeries, which first opened in Perth in 1998, on JulyContinue Reading
An iconic Australian gin distillery has been bought out by an international beverage giant for tens of millions of dollars. Four Pillars gin has been snatched up by Lion Group, a subsidiary of Japanese alcohol giant Kirin, who took full ownership of the company on Tuesday. Lion purchased the remainingContinue Reading
An Australian trading firm that pays uni graduates as much as $200,000 as a starting salary will slash 40 per cent of its Asia Pacific workforce. News.com.au understands that Australian derivatives trader Akuna Capital is set to announce a devastating second round of lay-offs, just months after cutting 11 perContinue Reading
Anthony Albanese is about to fly to Singapore to deliver an important speech at an international summit despite the leader of the Asian country testing positive to Covid-19. The Prime Minister will leave on Thursday afternoon for a two-day trip to Singapore where he will deliver the keynote address atContinue Reading