Education platform Go1 is now valued at more than $1 billion after raising $272 million in new investment. Led by Softbank and backed by AirTree, Salesforce and Microsoft's venture arms among others, it was one of Australia's largest ever funding rounds. Mo...

The number of Australians who think states have performed better than the federal government in handling the pandemic is growing, according to new research. More »   

The ASX fell 1.1% at market open on Tuesday, reflecting a downturn experienced in the US market linked to the coronavirus Delta variant. Fears over the new strain's transmissibility have shaded investor sentiment abroad. More »   

Afterpay is making a major pivot into banking services, unveiling its new Money by Afterpay app to be released in October. Offering a savings account and a debit card via Westpac, the company wants the standalone app to become the go-to financial management tool o...

JB Hi-Fi expects full-year net profit to soar more than 60% and sales to rise more than 12% despite a weaker June quarter. JB Hi-Fi and its appliances business, The Good Guys, have been big beneficiaries of redirection of consumer spending through the pandemic. ...

Good morning all. 1. NSW recorded 98 new cases of COVID-19 yesterday. (You'll note the TikTok guy got it wrong.) Twenty of those were infectious in the community. A fifth death was recorded. Premier Gladys Berejiklian said she was "not willing to give an end date" to ...

Australian tenants are shelling out thousands of dollars more in rent after a record-breaking 12 months. Rents have risen as much as 21% in some capital cities, and 11.3% across regional Australia. More »   

The founder of an Australian firm which produces at-home COVID-19 testing kits says the federal government appears "unwilling" to consider testing alternatives. More »   

Australian banks have restarted their loan deferral programs, enabling borrowers to put off their repayments during the most recent lockdown. Impacted mortgage holders can now pause and reduce repayments or restructure their loans are part of a new relief program,...

The coronavirus pandemic accelerated massive changes in Australia's media and advertising appetites, according to a new report. PwC Australia contends spending on streaming platforms will explode by 2025, after audiences latched onto on-demand viewing through lockd...

Good morning everyone. Hope you had restful weekends. 1. NSW recorded 105 new local cases of COVID-19 yesterday. Premier Gladys Berejiklian said 27 of those new cases were infectious in the community. "That is the number that worries us the most," Berejiklian said. "A...

A small business owner has taken her range of beeswax food wraps from a market stall in Byron Bay to the shelves of ALDI. She says being picked up by the global retailer is a sign that customers don’t just want sustainable products to be accessible -- they expect th...

Billionaires Jeff Bezos and Richard Branson are commodifying space and packaging it up as a PR exercise. Meanwhile the world they leave behind slowly burns. More »   

Case numbers in Greater Sydney and Melbourne spiked overnight as the two states race to reign in their respective outbreaks. Greater Sydney recorded 97 new locally transmitted cases overnight, while Melbourne’s cases rose to 24, revealing 100 exposure sites during F...

The current state of Australia’s vaccine rollout means the government and private sector should re-examine how mandatory vaccination factors into the country’s pandemic response, an expert argues. More »   

Good day to you, dear reader, as we bid this sorry week farewell. 1. The whole state of Victoria has entered a five-day snap lockdown, as Melbourne exposure sites top 100. Announced yesterday, this fifth lockdown for the state reimplements stay-at-home orders, restric...

The backers of Australian founded F45 Training are set for a big payday with the fitness giant listing on the New York Stock Exchange on Thursday (US time) after shelving a planned float last year. More »   

Unemployment dropped to just 4.9% in June, the lowest level since December 2010, according to the latest figures from the Australian Bureau of Statistics. More »   

Twice as many Australians earning more than $150,000 are optimistic their income will increase in the next 12 months than those earning a median income or below, a new ABS report revealed. More »   

Victoria is bracing for news of a snap lockdown in response to two new cases of COVID-19 detected in the community, multiple outlets report. It is understood the measure could be announced as early as Thursday afternoon. More »