Lucy Liu

Who is Lucy Liu? The anti-bank angel who helped turn Airwallex into a $10 billion giant

The fastest-growing unicorn to emerge from Australia, Airwallex, has raised over $1 billion and serves 150,000 customers worldwide. Lucy Liu – the co-founder and investor – wrote a $1 million cheque, giving rise to a company now valued almost 10,000 times that.   This article was the Issue 17 Forbes Australia cover story. Tap here to secure your copy. […]

NGV’s immersion into Japanese culture continues with ‘Kimono’

On the heels of the Yayoi Kusuma exhibition closing, Australia’s most popular gallery opens a new celebration of Japanese culture, showcasing the iconic Japanese silk garment. The word kimono, translated as ‘thing to wear,’ has been used since the mid-20th century, according to the National Gallery of Victoria (NGV.) The iconic Japanese garment itself, however, […]

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 […]