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Expense management platform Cape has raised a staggering $33.1 million in a pre-Seed round. The raise is split between $3.1 million in VC equity and a $30 million debt facility Aura Ventures. The raise values the Sydney startup at $18 million. The equity cap table includes Investible, Scalare Partners, Mercury Capital and 15 business angels,... Read more » → Read More
Comedian and architecture geek Tim “Rosso” Ross has a new show in his Man About the House series that’s all about the motels of his (and my) childhood in the 1970s and ’80s. → Read More
Investment strategist Mark Bernberg, who’s launched an investment consultancy for the cannabis industry, believes that Australia could legalise the drug for recreational use within five years and that the company that will ultimately become the Amazon of cannabis doesn’t exist yet. → Read More
A prominent Australian has been convicted of a serious crime, with a Victorian jury finding the person guilty of the charges this week. → Read More
Iain Riggs — Riggsy to anyone who’s ever enjoyed his Cricket Pitch sauv blanc-semillon and Graveyard Vineyard shiraz — has been part of the furniture at Hunter Valley winery Brokenwood since 1982, when he was appointed chief winemaker and managing director. → Read More
ICAP the global interdeailer broker, holds an annual charity day every year in the lead up to Christmas, with 100% of the revenues and commissions ICAP generates globally will be donated to more than 100 charities worldwide. → Read More
After 16 years of development, testing and considerable controversy, the first two of the Royal Australian Air Force’s F-35A Joint Strike Fighters finally touched down on home soil today RAAF Base Williamtown, north of Newcastle. → Read More
Labor initially announced it would amend the bill, arguing it needed further safeguards. But after a farcical day of politics, which saw the Coalition government slow debate in the Senate and then shut the House of Representatives early rather than lose a separate vote, the tactics meant any further amendments to the Telecommunications and Other Legislation Amendment (Assistance and Access) Bill… → Read More
The Morrison government’s controversial encryption legislation, which will allow law enforcement agencies to hack into encrypted message services, will pass into law after the Labor party scrapped plans to amend the legislation in the final hours of the Senate sitting for the final time in 2018. → Read More
The Australian parliament upped stumps at 5pm today for the summer break. It won’t sit again until February 12, 2019. → Read More
Emma Husar, the first-term Labor MP cast into the national spotlight in August over allegations that she “flashed” colleague Jason Clare in his parliamentary office, is suing Buzzfeed, the website that published the claim, and journalist Alice Workman for defamation. → Read More
Having lost its one-seat majority in the House of Representatives after losing the Wentworth by-election to independent Dr Kerryn Phelps, then falling into minority government after Liberal MP Julia Banks moved to the crossbench as an independent last week, every piece of legislation sits on a knife edge. → Read More
Nearly 16 million Australians will head to the polls next year in a federal election that will determine the fate of the Morrison government. → Read More
The battle for market share among ride-sharing companies in Australia looks set to escalate with DiDi Chuxing cutting fares, as well as its services fee in Melbourne. → Read More
The former chief of staff to three NAB CEOs, including Andrew Thorburn, has had her bank accounts frozen as part of an ongoing investigation by the NSW Crime Commission over potential kickbacks from a corporate travel company, The Australian reports. → Read More
Counterterrorism police have arrested Arsalan Khawaja, the brother of Australian Test cricketer Usman Khawaja, in relation to a list found in an office at the University of NSW in August containing plans to kill Australian politicians, including the then prime minister Malcolm Turnbull, Julie Bishop and Bronwyn Bishop. → Read More
Sydney-based tech startup Data Republic has raised $22 million in Series B funding, predominantly from Singapore-based investors as the business seeks to push into Asia. → Read More
Japanese car manufacturer Toyota is warning customers to watch out for fake parts and accessories being sold in Australia after its brand protection team uncovered more than 100 cases of counterfeit products being sold as Genuine Toyota Parts over the past two years. → Read More
But what makes the relationship between co-founders work is elusive and challenging, as both The Beatles and Jobs and Woz partnerships demonstrate. → Read More
Internal brawling over preselections in the federal Liberal Party has led former prime minister Malcolm Turnbull to urge his successor, Scott Morrison, to go to an early election in a bid to prevent the party’s federal woes spilling over to next year’s NSW election on March 23. → Read More