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Category: Finance Investment

Space Tech Startup Metakosmos Closes Pre-Seed Round to Propel Next Milestone Development

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[Sydney, New South Wales] — [20/08/2024] — Metakosmos, a pioneering space technology startup, announces the successful raise of a $2 Million Pre-Seed funding round, from a visionary Saudi Arabian technology group. This new round of funding will enable Metakosmos to accelerate the delivery of milestones that will revolutionise human space flight. This strategic investment aims to accelerate … Continued

MUM AND DAD INVESTORS MORE CONFIDENT DESPITE ECONOMIC HEADWINDS

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New research by Chartered Accountants Australia and New Zealand (CA ANZ) has revealed that half of those surveyed are likely to increase the scale of their investments in the next 12 months despite inflation and global political unrest.   The latest CA ANZ Investor Confidence Survey also confirmed the importance of independent auditors in giving … Continued

TOP 5 ESSENTIAL CONSIDERATIONS BEFORE INVESTING IN CRYPTO

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With more than 1 in 4 Australians currently owning or having owned crypto in the last 12 months, cryptocurrencies continue to gain momentum and popularity as an investment asset for Aussies.   Like any financial product, it’s important to take the time to protect yourself and your investment, which is why bitcoin.com.au – one of Australia’s largest … Continued

Companies can profit by aligning financial goals with social aims: study

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International research involving Monash University has shown that businesses can achieve financial success by embracing as a core mission critical global issues such as climate change, poverty, human rights violations and medical breakthroughs.   A major study published in the Journal of Marketing has explored social profit orientation, a concept where organisations simultaneously generate profit … Continued

Leading Australian Business Advisory Firm Mackay Goodwin Merges with RRI Advisory.

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Media Release For Immediate Release Leading Australian Business Advisory Firm Mackay Goodwin Merges with RRI Advisory.   Melbourne, Australia, 14 August, 2024 – One of Australia’s leading business advisory firms, Mackay Goodwin, renowned for its expertise in corporate restructuring, turnaround management, and insolvency expertise, has announced it is merging with Melbourne firm RRI Advisory. RRI Advisory is a boutique insolvency … Continued

Hut 8 Reports Second Quarter 2024 Results

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Revenue of $35.2 million and 9,102 self-mined Bitcoin on balance sheet as of quarter end Closed $150 million strategic investment from Coatue to partner in building AI infrastructure MIAMI, Aug. 13, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy … Continued

CHARTERED ACCOUNTANTS WELCOME SUPPORT TO OVERTURN NEW OBLIGATIONS ON TAX PRACTITIONERS

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Chartered Accountants Australia and New Zealand (CA ANZ) has welcomed the Coalition’s pledge to seek disallowance of the recently tabled Tax Agent Services (Code of Professional Conduct) Determination 2024 which, as it stands, unduly impacts smaller tax practitioners.   CA ANZ has been strongly advocating for the Determination to be withdrawn and re-written to allow … Continued