Latest briefings
CSIRO, AEC, BoM and the ATO are demanding KPMG confirm their data has not been misused as the fallout from its audit leaks scandal continues.
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- SpaceX IPO draws USD10b-plus orders
- oOh!media confirms Bain bid
- Qube-Macquarie clear PNG regulator
- Blue Owl to sell data centre biz
- IFM stalls with Atlas Arteria
- Monvia launches float
- KMD Brands draws PE interest
Shareholders are resisting the low-ball bid from the toll road group’s most powerful investor. But there may be another path forward.
Australia needs to develop new, high-tech industries. But critics warn the 2026 budget will inhibit growth by punishing risk-takers.
We’re moving into “uncharted territory” as OpenAI joins its peers in looking to raise unprecedented amounts of capital from sharemarket investors.
Foreign Minister Penny Wong has appeared to concede that Australia’s exorbitant passport fees are about revenue raising.
While the budget expanded tax incentives for venture capital funds, the concession built for Australia’s angel investors was left untouched for a tenth year. Now angels are pressing for a fix.
Governments keep promising to cut red tape, and sometimes they do. But the far harder job is changing the incentives that make regulation the easy answer.
Diraq hopes Scott McGregor can work his magic once more. His 11 years at the helm of Broadcom culminated in a USD37 billion ($51.9 billion) buyout. It’s now worth USD2 trillion.
The RBA has another week to contemplate the Middle East crisis as global counterparts make rate decisions.
Elon Musk’s SpaceX is set for IPO next week, with retail investors invited aboard a vast, speculative bet on rockets, AI and orbital data centres.
SpaceX files Australian prospectus warning shares are ‘highly speculative’
KPMG has assured the Australian National Audit Office its information has remained confidential, but the office is seeking more details.
China’s ambitions in the region explain why Anthony Albanese rolled out the red carpet for newly elected Solomon Islands Prime Minister Matthew Wale.
Michele Bullock has all but confirmed the central bank won’t renew a contract with KPMG to supply its whistleblower hotline, and a separate deal for immigration services.
RBA puts KPMG whistleblower services on review as client leaks scandal spirals
Labor Senator Deb O’Neill has labelled KPMG’s provision of whistleblower hotline services to corporate clients as “an untenable proposition”.
KPMG scandal goes global, whistleblower rebuffed at the top
Plus: SpaceX files Australian Prospectus; Musk kicks off record roadshow, Goldman pitches 100-fold AI revenue growth; Blackstone latest to cap withdrawals as private credit stress spreads.
In a scathing statement on Thursday, Meta echoed the White House and blasted the Albanese government’s News Bargaining Incentive as ‘discriminatory’.
