The self-made billionaire bringing robotic submarines Down Under

Palmer Luckey sold his first business to Facebook for US$2 billion when he was 21. At 30, he’s bringing his defence disruptor to Australia to build submarines and much more. Subscribe to Forbes Australia for full access to this and all articles today Subscribe     Already a subscriber? Sign In  

Meet the change makers in Australia’s booming multi-million-dollar medicinal cannabis industry

Lisa Nguyen has been called everything from a drug dealer to a “crazy woman” since launching the country’s first female-led medicinal cannabis business. The skepticism has been worth it as the industry grows and more patients have legal access to medicinal, doctor-prescribed cannabis, she says. Subscribe to Forbes Australia for full access to this and […]

‘Mission critical’: Aussie start-ups fighting the $8 trillion cyber-war

In 2022, millions of Australians had their data accessed by hackers via two major cyber-attacks: Optus in September and Medibank in October. The havoc continued when 14 million personal customer records were stolen from Latitude Financial. Since then, the Australian government has announced changes to beef up Australia’s cyber security.  Subscribe to Forbes Australia for […]

Who is Hamish Harding? Billionaire adventurer missing on Titanic tourist sub

Five people, including billionaire Hamish Harding, are missing after a small tourist submersible vanished somewhere around the Titanic wreckage. A small submersible, that is around the size of a minivan, and costs $US250,000 per ride has gone missing around the wreck of the infamous Titanic. The vessel, owned by OceanGate, is operated by a single […]

From mechanic to a $10 billion fortune: Inside Richard White’s rise to the top with Wisetech

RICHARD WHITE is gobbling up the world of freight software with a personal fortune that has more than doubled in the past 12 months to more than $10 billion. He tells how he went from refrigeration mechanic to Australia’s seventh richest person.  Over a glass of wine two relatively unknown geeks were discussing their payment […]

Miranda Kerr: Barefoot in the boardroom

Miranda Kerr made her modelling debut in 1997 at just 13 years of age and by 2013 was the second-highest earning supermodel in the world. In 2009, Kerr became a pioneer of the now multibillion-dollar organic skincare industry, launching KORA Organics. Months after turning 40, the girl from Gunnedah is committed to growing her business […]

Exclusive: Meet the mother of the richest person on the planet

In an exclusive interview with Forbes, cover girl, Dior Beauty muse, mother of the world’s richest man, Maye Musk opens up on raising a child prodigy and a life that most could only dream of – but it hasn’t always been full of luxury, glamour and success. Subscribe to Forbes Australia for full access to […]

Reserve Bank Governor Philip Lowe Appears Before House Economics Committee

RBA increases cash rate for twelfth time in 13 months, AUD rises

The Reserve Bank of Australia (RBA) has increased the official cash rate target by 25 basis points to 4.10%, marking the twelfth increase in 13 months and taking rates to the highest level in 11 years. It also increased the interest rate paid on Exchange Settlement balances by 25 basis points to 4%. Key Takeaways […]