NobleOak makes bold move: Acquires RevTech Trailing Commissions and FiftyUp Club business

NobleOak makes bold move: Acquires RevTech Trailing Commissions and FiftyUp Club business

NobleOak Life Limited, the Australian life insurance company with a remarkable 147-year history, has made a significant move by acquiring RevTech Media’s trailing commissions and the FiftyUp Club business in a strategic AUD 11 million deal. This acquisition marks a critical step in NobleOak’s pursuit of growth and profitability as it expands its access to […]

Noxopharm bags new funding to fuel game-changing cancer treatments

Noxopharm bags new funding to fuel game-changing cancer treatments

Noxopharm Limited, an Australian biotech powerhouse, has successfully raised A$2.1 million in funding through the issuance of convertible notes to sophisticated investors. This funding will enable the company to explore and capitalize on strategic opportunities within its promising biotech portfolio. The funds, secured against the Australian Tax Office’s 2024/25 research and development (R&D) tax rebate, […]

Harvey Norman in hot water again! Second lawsuit slams retailer’s warranty cover

Harvey Norman in hot water again! Second lawsuit slams retailer’s warranty cover

Harvey Norman, one of Australia’s leading retailers, is facing a second class action lawsuit in a week, sparking major concerns over its alleged misuse of extended warranty sales. The lawsuit claims that Harvey Norman tricked customers into buying warranties that were unnecessary, providing no additional protection beyond what consumers already receive under Australian law. This […]

Vector Capital makes bold move with increased bid to take over Bigtincan Holdings

Vector Capital makes bold move with increased bid to take over Bigtincan Holdings

Bigtincan Holdings Limited, a sales enablement automation company listed on the Australian Securities Exchange (ASX), is currently the subject of a revised acquisition proposal from Vector Capital Management, L.P. Vector Capital’s revised non-binding offer of AUD 0.20 per share values Bigtincan at around AUD 150 million, a substantial move that has spurred significant market interest. […]

Aussie brickmaker Brickworks shares collapse after shock AU$172m write-down

Aussie brickmaker Brickworks shares collapse after shock AU$172m write-down

Brickworks Limited shares dropped over 3% to AU$25.26 on Thursday following a massive AU$172.4 million impairment hit for fiscal year 2024. The company’s asset values took a significant blow due to a worsening market environment in Australia and North America, leading to a decline in investor confidence. AU$172 million impairment triggers investor concerns Brickworks Limited, […]

Tragic house fire in Sydney claims lives of three children amidst alleged rescue obstruction

Tragic house fire in Sydney claims lives of three children amidst alleged rescue obstruction

In a heartbreaking incident in Sydney’s Lalor Park, a domestic violence-related house fire early Sunday morning resulted in the tragic deaths of three young children. New South Wales (NSW) Police are currently investigating the circumstances surrounding the fire, which has shocked the local community and drawn significant attention due to the disturbing allegations against the […]