Brisbane biotechnology company Vaxxas has opened the doors of a new 5,500sqm headquarters in Hamilton that will scale up manufacturing of its needle-free vaccine patch platform, supporting up to 200 jobs and producing millions of vaccine patches per year once fully operational. Trypanaphobia, or fear of needles, is a condition that affects a significant portion of the population. … [Read more…]
The casino has been walloped with another fine by the Victorian Gambling and Casino Control Commission (VGCCC) for failing to claim tax deductions. Crown Melbourne has been fined $20 million today by the VGCCC for failing to pay the proper amounts of casino tax over an extended period of time. The Royal Commission into the casino … [Read more…]
Australian battery technology start-up Sicona announced today it has raised $22 million in Series A funding to further expand its development plans in Australia and the United States, taking the total raised to date to $30.7 million. The investment was led by India’s Himadri, a global chemical conglomerate which has a multi-decade track record of … [Read more…]
The short-stay market is tracking well above pre-pandemic levels for Gold Coast accommodation group StayCo, with growth in average occupancy and room rates for May significantly outperforming the broader market. The buoyancy of the local tourism market and the group’s performance has led StayCo to acquire two new properties on the Gold Coast, affirming the … [Read more…]
Within a month of Shine Justice (ASX: SHJ) securing more than $150 million in settlements for clients over exposure to PFAS (per- and polyfluoroalkyl) chemicals, Penrith-based EPOC Enviro has for the first time in Australia installed its technology that addresses this very problem for a local council. Last week the environmental engineering firm commenced a $2 million project … [Read more…]
Gold Coast developer S&S Projects has upped the ante on the southern Gold Coast’s luxury apartment market with plans for its fourth project at Rainbow Bay in the past three years, taking its portfolio of projects in the sought-after Coolangatta enclave to almost $420 million. S&S Projects, headed by Paul Gedoun, has lodged a development … [Read more…]
Melbourne-based boutique residential property developer Lion Property Group has dipped its toe into the commercial space for the first time with plans for a $21 million office building at Newstead in Brisbane’s inner east. The company has lodged a development application with the Brisbane City Council to develop a five-level project, named Atelier 43, on … [Read more…]
Baby Bunting Group (ASX: BBN) has seen shares tumble by 24pc this morning after announcing it was slashing its full-year profit guidance due to a key promotional period delivering ‘unprecedentedly low’ sales. In an ASX announcement, the retailer announced it expects to generate a net profit in the range of $13.5 million – $15 million, … [Read more…]
The receivers of collapsed cosmetics group BWX (ASX: BWX) have today appointed advisory firm Greenhill to manage the sale of the company’s Australian arm, which includes natural skincare brand Sukin and its new manufacturing facility in Clayton. The news comes almost three weeks after receivers KPMG called in Grant Samuel to lead the sale process for BWX’s … [Read more…]
The North Agency, an independent real estate firm operating in Sydney’s northern beaches, has fended off a legal challenge from ASX-listed The Agency Group (ASX: AU1) over a copyright infringement claim following a court decision that hobbles the national franchise group’s claim on the word ‘agency’. The Federal Court decision, handed down by Justice Ian … [Read more…]