Rugs to riches: How Miss Amara spun a $26m empire from the floor up

From spying a growing category on Google Search to becoming a household name across Australia and New Zealand (not to mention expanding in Hong Kong and the US), the husband-and-wife duo behind Miss Amara, Alexandra and Aaron Weller, know a thing or two about category disruption. It’s 2014 and Aaron Weller is working in the […]

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 […]