SmartCompany Editor

Eloise Keating is the news editor of SmartCompany and Inc Australia. Prior to joining SmartCompany, Eloise was news editor at Books+Publishing, the trade press for the Australian book industry. Eloise has degrees in media and communications, marketing and business management, and political science. You can follow her on Twitter at @ellykeating.

honey insurance

Three Aussie startups, and a fast food chain, that raised $247.5 million this week

It's been a big week for funding news, and a slightly unusual one too with burrito chain Guzman y Gomez topping the list.

Leonardo.Ai

Leonardo.Ai targets businesses with Teams launch after doubling user base to 15 million

Australian AI startup Leonardo.Ai has unveiled its highly anticipated enterprise product, after doubling its user base over the past four months to reach 15 million users.

Circularity pioneer Seljak Brand calls time for its “closed loop” blankets

Seljak Brand, one of the pioneers of Australia’s circular economy, has decided to close its recycled blankets business.

The Starboard Maritime Intelligence team startups

Five ANZ startups that raised $79 million in the past two weeks

April is off to a strong start for startup funding deals, led by $50 million in Series A funding secured by fintech Constantinople.

Grown Alchemist

L’Occitane sells Melbourne-founded Grown Alchemist in $46 million deal

Melbourne-founded skincare brand Grown Alchemist will return to private ownership in a deal worth $46 million, two years after it was acquired by global beauty giant L'Occitane Group.

CSIRO goterra

CSIRO invests $20 million to help SMEs and startups unlock R&D potential

The CSIRO plans to invest $20 million in its SME Connect portfolio to help 750 SMEs and startups accelerate their businesses.

CBA Matt Comyn crypto

CBA boss suggests ban on cash payments above $500

Cash payments above $500 should be banned to help curb the shadow economy, according to CBA CEO Matt Comyn, who outlined a bold suite of economic reform suggestions for the federal government at a banking summit on Tuesday.

ato australian taxation office tax office eofy tax advisers

ATO, government agencies urged to keep “people at the centre” when discussing debts

"Confused or unclear communication" can cause unnecessary stress for business owners and individuals who owe tax, says Inspector-General of Taxation Karen Payne.

ato australian taxation office tax office eofy

ATO ‘robotax’ debt recovery letters prompt new guidelines from government watchdogs

The ATO said it is committed to improving its communications to taxpayers about debt using the guidelines provided by the Ombudsman and Inspector-General.

zega-cookware

Buyers sought as ‘smart’ cookware brand Zega falls into voluntary administration

Zega Intelligent Cookware has entered voluntary administration two years after it launched its first products.

Cauldron co-founder and CEO Michele Stansfield. Source: Cauldron

Five ANZ startups that raised $36.4 million this week

The local startups to raise funding this week may be a geographically dispersed lot — from Perth, to regional New South Wales, to New Zealand — but what they have in common is ambitious plans to transform their industries.

godfreys

Godfreys to be wound up after no buyer found for Australian and New Zealand stores

The Australian and New Zealand operations of vacuum cleaner retailer Godfreys will be wound up, after administrators didn't receive any viable offers to buy the business as a going concern.

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