Medical diagnostics provider Sonic Healthcare [ASX:SHL] has made the decision to invest $17.8 million into precision microbiome tech company Microba for a deal that would see it acquire a 19.99% stake in the company.
Australian Economy News: Updates and Insights on Australia's Economic Landscape
When most people think about the ‘Australian Economy’, the first thing that’ll often come to mind is mining and banking. Two industries that dominate our total productive output both locally and abroad.
It is, however, a little more intricate than that...
Australia is a prime exporter of many commodities. Many of which are mined, but some of which aren't. And while iron ore has certainly been our forte for a number of years now, we have quite the unique mix of materials across our vast country.
Collins Foods Tumbles 18% on Falling Profits and a ‘Challenging Landscape’
Collins Foods [ASX:CKF], a restaurant operator linked to fast food chains KFC, Taco Bell, and Sizzler, reported a statutory net profit after tax (NPAT) of $11 million for the half-year, down from the $26.4 million reported in 2022.
Pilbara [ASX:PLS] and Calix [ASX:CXL] to Construct Mid-Stream Demonstration Plant
Shares were inching up for Pilbara Minerals [ASX:PLS] earlier this morning (28/11/2022) after the major lithium miner explained its latest joint venture (JV) with Calix [ASX:CXL], a batteries, renewables, and agricultural solutions developer with key innovative technology.
Triton Minerals [ASX:TON] Shares Rise on Chinese Investor Approval
Explorative miner and developer of the Mozambique Ancuabe Graphite Project Triton Minerals [ASX:TON] announced an onsite visit by Shandong Yulong.
Qantas Lifts Profit Forecast for Christmas Season
This morning, Australian aerial icon Qantas Airways [ASX:QAN] shared improved profit guidance for the half year, uplifted by returning air travel demand ahead of the Christmas travel season.
PolyNovo Fast-Tracks Growth with $30 Million Equity Raising
Developer of innovative medical devices PolyNovo [ASX:PNV] has successfully completed its $30 million Institutional Placement made up of about 15.8 million shares priced at $1.90 each.





