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Tech sector urges greater focus from new innovation minister Angus Taylor after Christian Porter quits
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Purple patch continues for supermarket giants
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MacCap wins Findex bake off
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Macquarie Capitalâs investment bankers are on the case at financial advisory and accounting firm Findex.
It is understood the Silver Donut won the mandate to find Findex a new major backer and replace 40 per cent shareholder KKR Credit.
Findex is the fifth biggest accounting firm in Australia by revenue, trailing only the big four international firms. Â
Ryan Stuart
Bankers - both at Macquarie and those hopeful of securing a buy-side mandate - have been talking to other private equity groups and special situations investors, testing their appetite in taking the stake.
Up for grabs is a large position in the countryâs fifth biggest accounting firm, which has advisers in 110 offices across Australia and New Zealand, 3000 odd staff and $17 billion in funds under advice.
‘Hard to put the toothpaste back in the tube’: Young workers resisting returning to office
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By Nelson D. Schwartz and Coral Murphy Marcos
July 27, 2021 11.07am
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David Gross, an executive at a New York-based advertising agency, convened the troops over Zoom this month to deliver a message he and his fellow partners were eager to share: It was time to think about coming back to the office.
Gross, 40, wasn’t sure how employees, many in their 20s and early 30s, would take it. The initial response dead silence wasn’t encouraging. Then one young man signalled he had a question. “Is the policy mandatory?” he wanted to know.
Female start-up founders fume at Porterâs email stuff-up
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Embattled Industry, Science and Technology Minister Christian Porterâs office has been left scrambling to smooth over a funding bungle that left thousands of Australian female entrepreneurs disappointed when they were told they had successfully applied for government grants, only to receive an email hours later retracting the money.
About 1800 business owners were sent a correction email by the Department of Industry, saying their expression of interest application to the Boosting Female Founders Initiative grant was ultimately unsuccessful, despite them receiving a congratulatory acceptance email from Mr Porterâs department six hours earlier.
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