Airwallex lands $465m series F and a decacorn title

The latest fundraising round values the company at AUD$9.6 billion, and is the first time Blackbird is included in the cap table. It has now raised more than a billion dollars in VC capital, and is on track to hit a billion in annual revenue this year. Melbourne-founded decacorn Airwallex has closed its Series F […]

Reserve Bank cuts cash rate to 3.85%

Mortgages and some cost-of-living expenses are set to ease slightly, after a long-awaited interest rate cut. “At its meeting today, the Board decided to lower the cash rate target by 25 basis points to 3.85 per cent,” an RBA statement reads. The RBA decision today was based on moderating Inflation and an uncertain economic outlook. “The Board judged […]

US and Ukraine troops deploying Australian defence innovation

Kord’s ‘centralised point of control’ allows soldiers to easily operate complex body and weapon-worn electronic devices. It was developed with the Australian Army and is now being used on the Ukrainian battlefield. The Rifle Accessory Control Unit (RACU) is ‘push-button control technology’ that enhances a soldier’s lethality and situational awareness, according to Kord. It gives […]

Maison Batard

Inside Maison Bâtard: The buzzy Melbourne French house Chris Lucas built

Chris Lucas recently opened the doors to his new French restaurant, Maison Bâtard, in Melbourne’s CBD – a four-level venue with a mise-en-scène rooftop and supper club.   This story was featured in Issue 16 of Forbes Autralia. Tap here to secure your copy. Melbourne has a new French dining experience with a distinctly Australian twist. Maison Bâtard translates   […]

From Melbourne to Monaco: Oscar Piastri on family, focus and fast cars

Oscar Piastri has delivered a dominant win from pole at the Bahrain Grand Prix – his second victory of the 2025 season, and McLaren’s first ever in Bahrain. The 23-year-old now sits just three points off the lead in the drivers’ championship, cementing his place as a serious title contender. In the lead up to […]

The 5 Australians on Forbes’ list of the World’s 200 Richest

Mining, property, and technology have made the fortunes of Australia’s wealthiest people. Here are the 5 Australians that rank in the Forbes global list of richest people. Whether it is taking things out of Australian dirt, building housing on top of it, or reimagining the way we work and collaborate with teammates, billions of dollars […]