Australia’s corporate watchdog will roll out a condensed IPO schedule in a trial aimed at solving the stock market’s new companies conundrum in a listings dearth not seen since since the 2010s.
Simone Grogan
As chief executive of Petro Australis Energy, Shiva McMahon will play a guiding management role alongside founders Saxon Palmer and Laurie Brown ahead of a proposed float at year’s end.
Sean Smith
Virgin Australia has confirmed its intention to go ahead with its $685 million initial public offering and re-list on the Australian Securities Exchange, following days of market speculation.
Cheyanne Enciso
Virgin Australia has hit the runway for its return onto the Australian Securities Exchange with a near-$700 million initial public offering.
Bain Capital-controlled airline Virgin Australia will relist in a $685 million initial public offering, betting investors are brushing off the turmoil caused by US President Donald Trump’s trade war.
Angus Whitley
The US Supreme Court has ruled that "the Federal Reserve is a uniquely structured, quasi-private entity", amid worries Donald Trump could fire its chair.
Ann Saphir and John Kruzel
Nicheliving’s one-time float advisers chasing $1.3 million on an unfortunately-timed deal with the battling builder’s boss Ronnie Michel-Elhaj.
Neale Prior
A South Perth-based gold developer hoping to get rich quick in West Africa is raising $120 million for an ASX listing.
Adrian Rauso
Forrest empire-backed Greatland Gold is getting organised for an Australian Securities Exchange debut by late June.
Chemist Warehouse is dominating Australia’s pharmacy category, with consumers opting to shop at the discount juggernaut than at its competitors Priceline and Terry White.
Tech unicorn Canva has made its biggest launch of new products since being founded in Perth 12 years ago, adding spreadsheets and AI amid speculation surrounding its hotly-anticipated move to go public.
Private equity giant Bain Capital schmoozing big-ticket investors ahead in push to float Virgin Australia in June.
An aspiring iron ore miner backed by billionaire financier Robert Friedland is stirring up investor support for what could be the largest Australian Securities Exchange-listing this year.
Chemist Warehouse franchisees have catapulted into millionaire status after cashing in hundreds of millions of dollars in shares as the pharmacy juggernaut made its long-awaited ASX debut.
The steel giant has secured exclusive rights to part of Parkd’s patented construction technology for five years, potentially generating millions of dollars a year in royalties for the WA group.
WA’s biggest broking firm has pinned a return to more comfortable profitability on a spate of capital raisings and a deliberate focus on rejuvenating its culture.
Less than half of Australia’s share market floats in 2024 are in profit, crystallising another poor year that would have been even worse but for the Guzman Y Gomez initial public offer.
Qantas has struck a deal to compensate more than 1800 workers to the tune of $120 million after the Federal Court found they were illegally sacked.
Callum Godde
Data centre operator DigiCo has extended declines in just its second session on the Australian Securities Exchange after marking the country’s biggest initial public offering in over six years.
Data centre landlord DigiCo has made a lacklustre start to life on the Australian Securities Exchange after its $2 billion initial public offering — the nation’s biggest in more than six years.
Mondelez International is reportedly considering buying chocolate maker Hershey.
Staff Writers
Shares in the Sydney-based company only briefed traded above their issue price of $2.50 on Monday before nosediving to close at just $2.31, revaluing it at $442.5 million.
Canva, a Perth-founded developer of creative design software, has hired former Zoom chief financial officer Kelly Steckelberg as its top financial executive.
Daniel Newell
National Australia Bank boss Andrew Irvine is worried about the risk of a trade war between the US and China, and its implications for the Australian economy.
Poppy Johnston
