The latest acquisition builds on 2nd Summit Capital buying the country’s largest manufacturer of automotive exhaust systems and component MPI Automotive.

#summit #jonathan #cutting

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US has no immediate plan to strike Iran, Trump tells FT

World News

1w ago

US has no immediate plan to strike Iran, Trump tells FT

The US president suggested he was content with the state of the stand-off with Iran, even as he signalled he was prepared for more war if necessary.

#trump #iran

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Canva’s jobs shock is seismic. It will reverberate from tech to super

Technology

1w ago

Canva’s jobs shock is seismic. It will reverberate from tech to super

The graphic design giant is another example of how a generation of entrepreneurs – and the venture capitalists backing them – are suddenly discovering that disruption can run two ways.

#canva

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High Court hits Uber with $81m payroll tax in blow to gig economy

Technology

1w ago

High Court hits Uber with $81m payroll tax in blow to gig economy

States and territories could reap a tax harvest from gig economy companies, after the High Court ruled Uber was liable for payroll tax on the fares it collects.

#uber

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Labor’s economic model is broken and households are paying the bill

Australia & Pacific

1w ago

Labor’s economic model is broken and households are paying the bill

The Albanese government needs a circuit breaker, but it can’t change course from its broken economic model because doing so would be an admission of past sins.

#albanese #labor

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Forrest-backed wind farm granted election-eve approval

Politics & Governance

1w ago

Forrest-backed wind farm granted election-eve approval

A wind farm owned by the iron ore magnate is one of two to receive approval just days before the Victorian government went into caretaker mode.

#forrest #election #victorian

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Muhammad Ali epic The Greatest is one of the year’s best series

Education & Youth

1w ago

Muhammad Ali epic The Greatest is one of the year’s best series

From beat perfect boxing to powerhouse performances, this story of the years that made Muhammad Ali an icon of the 20th century sport is a knockout.

#muhammad-ali #watkins

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Allegations of intimidation, derailment, and misleading parliament

Technology

1w ago

Allegations of intimidation, derailment, and misleading parliament

A hearing into the Tax Practitioners Board, of all things, turned into high drama for the sector. Plus: EY and Ashurst’s new partners and KPMG’s ongoing exodus.

#ashurst

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Former KPMG consultant may decide who runs New Zealand

World News

1w ago

Former KPMG consultant may decide who runs New Zealand

With traditional blocs deadlocked, the formation of the next government may rest on a mother of two with degrees in law and politics.

#new-zealand #kpmg

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Jamie Durie slashes guide by $15m as trophy home discounting deepens

Property & Real Estate

1w ago

Jamie Durie slashes guide by $15m as trophy home discounting deepens

High-end homes across the country are cutting asking prices by millions of dollars as vendors try to meet an increasingly subdued market.

#jamie-durie

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Rate rise traps young home loan borrowers as stress tests near 10pc

World News

1w ago

Rate rise traps young home loan borrowers as stress tests near 10pc

Data from Equifax shows demand for refinancing to a different lender is down by 14.2 per cent among 26- to 35-year-olds, but higher for older mortgagors.

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