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The Zambrero Mexican restaurant chain accounts for just half of Sam Prince’s $1.57-billion fortune. And after an existential shock in 2016, he’s pivoted his priorities back to business, with plans to make much more from what he says will be entrepreneurship’s next big thing. Forbes Australia Issue 7 is out now. Tap here to secure […]
It’s taken more than 20 years, a bucket of grit and a rare ability to find help across the globe, but Daniel Timms is poised to make heart transplants a thing of the past. This story featured in Issue Seven of Forbes Australia. Tap here to secure your copy. Billy Cohn is a world-renowned heart […]
Australia’s film-industry disruptor, Blackmagic Design, has released a suite of new products it hopes will propel it back to its pandemic highs – including a free app for shooting cinematic, feature-film-quality video on your iPhone. CEO and founder Grant Petty takes aim at those who tell him he shouldn’t be giving it away. “I always […]
Australia has some of the world’s best space technology companies and yet contributes just 1% to the global space sector. Experts say there’s an imbalance between our technical and sovereign capability. Regardless, they believe the future is bright for the country’s burgeoning space industry. As billionaires continue to launch their rockets into the stratosphere, the space […]
Just 0.7% of all venture capital in Australia goes to 100% female-founded and led businesses. For US-owned VC fund, F5 Collective – which has invested in seven APAC, female-led businesses over the past year – it’s a huge opportunity. In fact, it wants to invest in 1,000 female founders by 2030. It’s no secret that […]
The concept of non-fungible-tokens (NFTs) and their potential value was difficult for many people to get their heads around. It turns out the global scepticism was warranted. A new study has found 95% of NFT collections are worthless. When it comes to cryptocurrency, NFTs have been dubbed the rising stars of the growing market over […]
New Zealand-based CarbonScape is set to commercialise the production of biographite – a new, cleaner graphite alternative for lithium-ion batteries. CarbonScape, which began developing its clean graphite alternative, biographite, in 2016, recently banked $18 million in an investment round led by Europe’s largest supplier of wooden construction material, Store Enso, to commercialise its materials throughout […]
Victoria has just passed a 7.5% levy on short-term rental accommodation. After New York’s Local Law 18 came into effect in early September, is Airbnb on a collision course? Short-term rental platform Airbnb came out of the famous startup incubator, the Y Combinator, in 2009 with about 2,500 listings and 10,000 registered users. Today, Search […]
Australia is suffering from a mental health crisis. Suicide and self-harm are increasing, and some are linking it to technology. Meanwhile, in Bhutan, there is a nuanced vision for creating happiness but also, a push to digitalise. It is also seeing a serious brain drain. Where are they going? To Australia. Forbes Australia’s Stewart Hawkins […]
Melbourne biotech startup ENA Respiratory has demonstrated how its flu-and-Covid fighting nasal spray had stimulated a host of immune-related genes in its trial on 123 human subjects, it announced Monday. But it’s pivoting to a new formulation. ENA Respiratory spun out of the University of Melbourne in 2015 but came of age in the depths […]