$810 million in three months: The biggest VC deals revealed

Start-ups sealed a deal a day over the second quarter of this year, signalling that the “fog of fear” that had engulfed the start-up world was starting to lift. Key Takeaways Venture capitalists had a “significant mood shift” in the second quarter of this year, according to the latest survey of Australian VCs by Cut […]

Pet Circle keeps billion-dollar valuation after $75 million injection

Pooch supplying unicorn Pet Circle has kept its billion-dollar valuation with a $75-million capital injection from Prysm Capital. Mike Frizell, CEO and Founder of Pet Circle, is speaking live at the Forbes Australia Leadership Forum. Secure your seat here. The company that bills itself as Australia’s largest online pet retailer posted a loss of $31.8 million […]

Star Casino to axe 500 jobs and freeze salaries

Casino operator Star Entertainment will cancel all executive bonusses, freeze salaries and axe 500 jobs after “experiencing a significant and rapid deterioration in operating conditions” particularly at its Sydney and Gold Coast casinos.  

Four billion eyeballs: Inside Australia’s enormous World Cup plans

The Women’s Football World Cup, kicking off in Australia and New Zealand in July, is challenging the Winter Olympics to be the third most watched sporting event in the world. FIFA Women’s World Cup 2023 CEO David Beeche forecast 2 billion viewers would watch the tournament – a 90 per cent increase in eyeballs on […]