Investing

Australia’s national carrier, Qantas, has partnered with department store David Jones to expand the reach of its Frequent Flyer program even further.

Capgemini’s annual report reveals Australia’s richest collectively own 3.3 per cent more than last year, and projects 22 per cent of it will be transferred to beneficiaries in 5 years.

The airline is set to re-enter the ASX and looking to raise $685 million in its initial public offering, Reuters reports.

As a stronger yen propels collective wealth by 14% to $228 billion, Tadashi Yanai’s fortune hits a record high.

Last-mile delivery start-up Locate Technologies says it will stash cash in excess of its working capital in Bitcoin.

With a 9.7% stake, Tencent’s online music arm will become the second-largest shareholder of SM Entertainment, known for major K-pop acts such as Aespa and NCT.

Satya Patel of Homebrew, No. 13 on this year’s Midas Seed list, scouted companies like IPO-bound digital bank Chime and payroll unicorn Gusto long before they made it big.

WiseTech Global, the Australian logistics software company founded by Australian billionaire Richard White, plans to buy cloud computing firm E2open for $2.1 billion.

The all-stock deal with OpenAI values Ive’s AI hardware startup io at $6.5 billion—and is set to be a major windfall for the man who designed the iPhone.

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 […]