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Funding | Investment

HR tech startup Employment Hero lands SEEK as an investor during $8m Series B funding round

Cloud-based HR, payroll and benefits platform Employment Hero have raised $8 million during a Series B funding round co-led by employment marketplace SEEK and OneVentures, with contributions from AirTree Ventures and AMP. The capital injection, which will be used to roll out new products and services, follows on from Employment Hero’s oversubscribed $4.5 million Series A round, […]

James Harkness · 2 min
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Aussie women becoming primary breadwinners

Women are now the major breadwinners in one in four Australian households – up from 140,000 just ten years ago, a new report has revealed.

Gina Baldassarre · 2 min
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eCommerce

Local retailers told to better ‘bricks and clicks’ experience

Shoppers want everything; from ‘touch and feel’ and the customer service to the social interaction. Increasingly, shoppers also want digital browsing at their fingertips, online access to stock details and round-the-clock notifications. The question is; is the Australian retail market meeting their needs?

Lucy Cormack · 2 min
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NAB and AXA extend merger proposal deadline

The National Australia Bank and AXA Asia Pacific Holdings have agreed to extend the period for NAB to address merger concerns raised by the ACCC to August 31.

Alexander Fleming · 2 min
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Super funds back in the black for first time in three years

Members of superannuation funds can breath a sigh of relief, with financial year returns back in the black for the first time in three years.

Alexander Fleming · 2 min
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Economy

RBA expected to keep interest rates on hold tomorrow

Mortgage owners can breathe a sigh of relief with the Reserve Bank unlikely to raise interest rates above the current 4.5 percent in the RBA’s monthly board meeting tomorrow.

David Olsen · 2 min
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Cashflow

NAB not giving up bid for AXA after ACCC decision

National Australia Bank (NAB) disagrees with the ACCC decision concerning the proposal to acquire the Australian and New Zealand businesses of AXA Asia Pacific Holdings.

David Olsen · 2 min
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ACCC correct to oppose NAB takeover of AXA

The ACCC has made the right decision in opposing a NAB takeover of Axa. The ACCC’s opposition is well founded on legal grounds and puts the NAB on notice that the ACCC is prepared to go to court to stop it from buying Axa.

Guest Author · 2 min
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Locked

ACCC delays decision on AMP takeover of AXA

The Australian Competition and Consumer Commission has today deferred its decision on AMP Limited’s AMP’s $12.85 billion takeover bid for AXA Asia Pacific Holdings.

David Olsen · 2 min