Yarra’s ownership shake-up comes amid a generational change among several fund managers who commanded newspaper headlines and ECM deals over the past decade.

#dion-hershan #yarra #asset

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Heidi Health co-founders exit weeks after unicorn milestone

Technology

1w ago

Heidi Health co-founders exit weeks after unicorn milestone

Yu Liu and Waleed Mussa announced their departures nearly two months after the Blackbird-backed AI medical scribe platform reached unicorn status.

#heidi #liu #waleed

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Nolan’s forgotten Burke and Wills masterpiece leads end of year sales

Education & Youth

1w ago

Nolan’s forgotten Burke and Wills masterpiece leads end of year sales

The Australian artist’s monumental canvas is the top lot at Smith & Singer’s $9 million to $13 million year-ending sale.

#nolan #burke #wills

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Regal hands King’s funds to a new generation of managers

Business & Economy

1w ago

Regal hands King’s funds to a new generation of managers

Hedge fund Regal has formalised portfolio management responsibilities across eight funds ahead of Phil King’s retirement.

#regal #king #phil

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Anthropic IPO faces danger from AI models that are open-weight, open-source

Technology

1w ago

Anthropic IPO faces danger from AI models that are open-weight, open-source

Readers’ letters on Anthropic, this week’s interest rate rise, NDIS claims, Snowy 2.0 and unlikely bedfellows for Victorians.

#interest-rates #ipo #anthropic

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Ex Wall Street banker’s private equity firm sails off with boating biz

Business & Economy

1w ago

Ex Wall Street banker’s private equity firm sails off with boating biz

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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