Travel industry juggernaut Flight Centre Travel Group hit a share-price peak of over $60 in 2018. On March 19 2020, it crashed to just under $9. While the now-$5 billion business has made ground since the pandemic, the good times are a way off. But founder and CEO Skroo Turner and his Flight Centre crew […]
The level of venture capital funding allocated to women-founded and led businesses has halved since 2020 to just 3%. But a growing number of female venture capital fund managers with connections to some of the country’s most influential, wealthiest families, are attempting to provide greater opportunities for women, investors and the economy. Australia’s female VC […]
The wineries that should be going on your bucket list, from Spain, to New Zealand and Uruguay. Issue six of Forbes Australia is out now. Tap here to secure your copy and become a premium member. Catena Zapata in Mendoza was voted number one in the World’s Best Vineyards Awards for 2023 in a ceremony […]
Australia’s ageing population is driving a trend towards oversize luxury apartments and could see the creation of more luxury towers in major cities. Issue six of Forbes Australia is out now. Tap here to secure your copy and become a premium member. Demand for luxury apartments in Australian cities is rising in tandem with the […]
Carol Schwartz is one of Australia’s most influential investors, pouring millions of dollars into women-led start-ups. The Reserve Bank of Australia board member also co-founded Scale Investors. This female-led start-up accelerator has injected more than $20 million into 46 businesses now worth an estimated half a billion dollars. More recently, her focus has shifted to […]
Four years before Elon Musk launched Neuralink, NICK OPIE and TOM OXLEY launched a start-up in Melbourne attempting to insert electrodes into human brains so people could control computers with their thoughts. It’s been a rough ride, even as their tech has led the world, but last year, a call from the world’s richest man […]
For the first time in Australian history, expenditure on scripted screen productions has exceeded $2 billion. However, ongoing skills and capacity challenges remain, and some question whether chasing the dream of ‘Aussiewood’ is misguided. Issue six of Forbes Australia is out now. Tap here to secure your copy and become a premium member. Numbers at […]
Jacinta McDonell took on the Australian licence of US gym franchise Anytime Fitness in 2008. It had scaled to 425 clubs by the time she exited in 2018. She now focuses on leadership training and helping founders. She shared her key lessons at the Forbes Australia Leadership Forum. The first key to success that Jacinta […]
A CSIRO report examining the geography of digital businesses has revealed 96 tech clusters spread across the country – in sometimes surprising places. Key Takeaways Eight Mile Plains in Brisbane’s south came up bright red when CSIRO principal research consultant Stefan Hajkowicz plugged in the numbers for the concentration of tech jobs in Australia, trying […]
Australians love a good, healthy tan, and nobody knows that more than Bondi Sands co-founder and CEO Shaun Wilson. The company, which controls more than half of the Australian self-tan market, has been acquired by Japanese-owned multinational, Kao Group, for almost $450 million. Wilson told Forbes Australia‘s, Jane Lindhe, that he’s been in discussions with […]