Capital Brief — Business news and politics for the new economy
Capital Brief covers business and politics news for those shaping the new Australian economy: founders and executives who need capital to grow their businesses, the people who help them get it, investors who allocate it, and decision makers in the federal capital, Canberra.
Latest - Capital Brief
Business news including National Renewable Network raises $4.3m in oversubscribed round, Labor prepares to unveil plans for competition policy targeting big tech, From core systems to customer service, CBA is going all in on generative AI.
Finance and markets — Capital Brief
4 days ago · The latest finance and markets news from Capital Brief, including banking, deals, ESG, funds management, investment banking, infrastructure, markets, private equity, professional services and venture capital coverage.
Monthly inflation indicator rises 2.1% over the year to October
4 days ago · The news: The consumer price index indicator increased 2.1% in the 12 months to October. Inflation on an annual headline basis remains at its lowest level since July 2021. The numbers: Annual trimmed mean inflation was 3.5%, up from 3.2% in September but at a similar level to August. The headline figures were largely down due to significant drops in electricity and automotive fuel prices of 35 ...
Novonix outlines nearly $50 million equity raising
5 days ago · The news: Battery technology company Novonix is raising nearly $50 million via an institutional placement and a retail share purchase plan to fund equipment for its upcoming Riverside manufacturing facility in the US. The numbers: The company will raise approximately $44.4 million through a fully underwritten placement to institutional and sophisticated investors, offering shares at 60 cents ...
US economy in soft landing ahead of elections — Capital Brief
Oct 30, 2024 · 1. Election economics: The US economy grew 2.8% in the third quarter, driven by strong consumer demand and bolstered by business investment and government spending, particularly in defence, according to a preliminary estimate by the Commerce Department. Days before the 5 November US presidential election, the data came slightly lower than the 3% GDP growth expected, but shows the economy ...
Experts disagree whether Future Fund changes are 'appalling' or a …
Nov 21, 2024 · Experts disagree whether Future Fund changes are 'appalling' or a 'good idea' Jim Chalmers' plan to change the $230 billion fund's mandate to focus on national priorities like housing and net zero has divided economists and investors.
US economy rises 2.8% in 3Q, driven by spending ahead of election
Oct 30, 2024 · The news: The US economy grew 2.8% in the third quarter, driven by strong consumer demand and bolstered by business investment and government spending, particularly in defence, according to a preliminary estimate by the Bureau of Economic Analysis. The context: The data comes just days before a contested US presidential election on 5 November, with the economy top of mind for most Americans ...
Apple, Nvidia, Microsoft and the race to US$4 trillion
Jun 18, 2024 · Dan Ives, managing director of New York’s Wedbush Securities, also told Capital Brief that Nvidia would clinch the honour under the guidance of CEO Jensen Huang. “We believe the Godfather of AI Jensen and Nvidia hits $4 trillion first, followed by Apple, then Microsoft,” he said. Nvidia joined the $1 trillion club last May, 24 years after its IPO.
Technology and startups - Capital Brief
The latest technology news from Capital Brief, including artificial intelligence (AI), big tech, consumer tech, cybersecurity, enterprise tech, venture capital and startup coverage.