On Thursday the Albanese Government amended its controversial capital gains tax proposal by allowing startups that qualify as ‘innovative businesses’ to retain the existing 50 per cent discount. Key Takeaways The Albanese Government on Thursday announced plans to offer capital gains tax concessions to the startup sector that will give certain founders, employees and investors […]
Australia’s VC industry is on track to have its biggest year since 2022, a new report from Side Stage Ventures and the Australian Investment Council says, but most of that is going to the top end of town.
Opinion: Artificial intelligence may transform the economy over the long term, but investors betting on today’s AI boom should remember the lessons of railways, dotcoms and every great technological mania before them, writes Toby Walsh.
Shares of Elon Musk’s rocket maker have soared by more than 30% since their trading debut.
MCi Carbon’s technology captures carbon and used it to create building materials, a double whammy in C02 reduction. After the grand opening of its first carbon refinery on Wednesday, it’s hoping to cap its next capital raise by the end of the year.
Australia’s richest person joins forces with the world’s richest to leverage local critical mineral assets and strengthen the Australia/US relationship. They will both potentially make billions more in the process.
From aggressive hikes to the first cuts of the cycle, the Reserve Bank’s policy moves have reshaped mortgages, business borrowing and the economy. Below, we break down every rate decision since 2023.
The new feature positions Meta as a more direct competitor of Google’s search engine.
Startup Pi counts xAI as one of its first customers, as its AI agent looks to fix security vulnerabilities for the world’s premier labs.
Opinion: Australia has no shortage of climate innovation. What it lacks are enough businesses willing to buy it, argues Asha Kayla, forcing many businesses to look overseas.