Revealed: The world’s 10 most expensive cities to live in 2023
If you thought Sydney and Melbourne were expensive to live in, we’ve got bad news for you. It gets a lot worse.
Shivaune Field
Shivaune Field is a business journalist with Forbes Australia reporting on tech and innovation. She has reported extensively in the U.S. and Australia across print, digital, television and podcast platforms. She regularly interviews founders, C-suite executives, leaders, entrepreneurs, and company builders. Before Forbes, Field was a journalist with Bloomberg Media based in Los Angeles covering innovation and the business of media and entertainment. She spent 16 years living in California and recently returned from Arizona where she reported on the 2024 US election. Field writes for the bi-monthly Forbes Australia magazine and Forbes.com.au. She covers Google, Amazon, OpenAI, Meta, Apple, Microsoft, and Netflix among many other companies. She is the editorial lead for Forbes Women in Australia.
Aussie Roller brothers coast to new heights
Melbourne’s Finn brothers are on the ride of their life. Their startup Roller recently landed a private equity raise of $78m from U.S Insight Partners. Now their sights are set on 100,000 other leisure attractions around the globe.
Meet Nick Mathers: The Aussie who built an empire selling our lifestyle
Nick Mathers oversees 1700 staff across his 12 U.S. restaurants. There will be six more venues in 2024. Mathers tells Forbes Australia that his company is on track to bring in $120m this year. By 2026, it will be $200m. Then, maybe an IPO.
Betting on botanicals: Australian DMT research scores $4.5 million
Psychae Therapeutics bagged the raise from Tin Alley Ventures and the University of Melbourne’s pre-seed investment fund.
Aerologix raise takes Aussie drone company to new heights
The Sydney-based drone company landed $2 million in a pre-Series A raise. The funds have facilitated the acquisition of Brazilian mapping firm Mappa and the global launch of AerologixMaps.
Block founder Jack Dorsey’s $3m pledge to Indigenous entrepreneurs
The $3 million investment into First Australians Capital was made through Block’s social impact fund. Block is the Dorsey-founded parent company of Australian fintech super unicorn Afterpay.
Glasses full for Sydney brewery after $2 million crowdfunding raise
Its a David versus Goliath battle for the beers. Independent Sydney brewery Philter says the $2 billion Aussie craft beer sector is under assault.
Aussie anti-plastic company Phantm raises $2m and eyes global expansion
The seed round was led by Blacknova VC, Salus Ventures and CoVentures. Phantm works Starbucks Australia and MECCA to replace plastic with sustainable alternatives.
36 hours with Innovation Bay: Meet Australia’s most promising tech founders
The Summit community is an elite group of high-growth tech entrepreneurs who band together to help each other through the gruelling start-up and growth grind. The group is a part of Innovation Bay, which also facilitates communities of VCs and angel investors.
‘Liberating luxury’: First look inside Sydney’s unconventional W Hotel
In a landmark position on Darling Harbour, the W Hotel channels a great Australian icon: the larrikin. Targeting millennium and Gen Z guests, design features of the hotel reference tattoos, grafitti, and ocean predators.