Clean energy storage company MGA Thermal has secured $17 million in a funding round backed by IP Group Australia and Main Sequence, lifting the company’s valuation to more than $50 million.

The Australian Competition and Consumer Commission (ACCC) has sought a meeting with major petrol companies including 7-Eleven, Ampol, BP, Chevron, Mobil, United Petroleum, Viva Energy and EG Australia ...

Furniture company Koala has announced its initial public offering, setting out plans to list on the ASX on 31 March under the ticker ‘KOA’ and targeting a $68 million raise.

The news: The United States has temporarily lifted sanctions against Russia to allow the sale of Russian crude oil and petroleum products loaded on vessels until 11 April. The context: The lift comes ...

Energy Minister Chris Bowen chose belligerence over empathy as fuel shortages deepen anxiety for regional Australians and ...

The news: The Commonwealth Grants Commission (CGC) has outlined the GST distribution recommendations for the 2026-27 period, with all states expected to receive more GST than the previous ...

The news: Defence technology company Electro Optic Systems has announced two orders for counter-drone systems for a total of USD45 million ($64 million). The context: EOS will receive USD42 million ...

Weakening copyright would come at a democratic cost, argues Eric Knight. Shutterstock. There is a fight playing out in Australia that should concern anyone who cares about democracy. At its core, it ...

Qantas has agreed to pay $105 million to settle a class action over its issuing of travel credits for cancelled flights during Covid, that was brought against the airline in August 2023.

Tesla has received an approval from the US Federal Trade Commission to convert its investment in xAI into a small stake in SpaceX ahead of its planned initial public offering.

The news: Gold miner Northern Star has cut its FY26 production guidance for the second time following weaker-than-expected operational performance over the last two months. The numbers: The company ...

The International Energy Agency (IEA) slashed its forecast for oil-supply and warned that the current conflict in the Middle East is creating the “largest supply disruption in the history of the ...