Deep-tech VC raises $450m for a fund with an ‘unfair advantage’

There’s a new bucket of VC money in town, but the cash from Main Sequence’s Fund 3 won’t be going to any old start-up. Key Takeaways “If you could build it in a weekend in your garage, it’s probably not something we’re investing in,” says Mike Zimmerman, co-founder of the “deep-tech” venture fund. “The companies […]

Australia’s richest couple, Andrew and Nicola Forrest, confirm split

The country’s wealthiest couple, Fortescue’s Andrew Forrest and his wife Nicola have announced their split. They say their separation will have “no impact” on their vast business and philanthropic interests. Billionaires Andrew “Twiggy” Forrest and his wife Nicola Forrest have confirmed in a statement that they have separated and are living apart after more than […]

Forbes Finds: Japanese brilliance in Victoria’s Macedon Ranges

JANE LINDHE discovers a hidden, delightful Japanese Izakaya restaurant in Victoria’s Macedon Ranges with excellent food, an extensive sake list and charm in abundance.    You have to know where to look when you search for the incredible Japanese izakaya restaurant in the Victorian spa country town of Woodend, Kuzu Izakaya. As head chef and […]

Homeowners exhale: RBA leaves cash rate on hold

The RBA has chosen to leave the official cash rate on hold for July at 4.10%, saying its strategy to increase rates 12 times in 13 months is working. Key Takeaways Australian homeowners have breathed a collective sigh of relief at the Reserve Bank of Australia’s decision this afternoon to maintain the official cash rate […]

Where I’m putting the money: Pacific Equity Partners’ Tim Sims on why he thinks we’re past the worst

Tim Sims, co-founder and managing director of Pacific Equity Partners [PEP] – with $9 billion AUM, talks to Forbes Australia’s managing editor Stewart Hawkins about public versus private equity, the debt market, interest rates, why investing in startups isn’t what the firm does, the future of deal cadence and whether we’re now in a “difficult” […]

From Nicole Kidman to Russell Crowe: Designing homes for the rich and famous

Blainey North has designed interiors and furniture for everyone from Nicole Kidman and Russell Crowe, to the Packer family, the Pratts and Kerry Stokes. She even did the mirror over Shane Warne’s bed. Here she riffs on the special relationships required to bring out the best in her and her clients. Subscribe to Forbes Australia […]

Luxury on ice: The ultimate Antarctica bucket-list adventure

A once-in-a-lifetime expedition reserved for the adventurous elite, the Silversea Endeavour feels like a floating six-star hotel that can take you to a part of the world very few have explored. Forbes Australia editor-in-chief SARAH O’CARROLL reports. “GOOD MORNING, Ms Sarah. It’s Francis, your butler.”   It’s breakfast time. I open the suite door to Francis, […]