Despite Australia being on the borderline of a recession which has prompted regular interest rate cuts, The Agency Group (ASX: AU1) has reported record commissions for their real estate business, achieving $5.4m in October – a 54% lift on the $3.5m in the month prior. In October alone, The Agency Group sold $345m worth of
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Investors seeking professionally-managed exposure to cryptocurrencies and digital assets will soon be able to do so via DigitalX’s (ASX: DCC) new Bitcoin Fund with the Company already possessing a significant holding of 413 Bitcoins (BTC), currently valued at a total of $5.28m. The new fund will available to sophisticated investors and family offices under a
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Australian medtech developer Proteomics International Laboratories (PILL, ASX: PIQ) has reached a landmark milestone having secured CE Mark certification for commericalisation of their in vitro diagnostic medical device in Europe, which can predict the early onset of diabetic kidney disease. The device, PromarkerD, takes a blood test which then creates a unique protein fingerprint which
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Australian cannabis pharmaceuticals company THC Global (ASX: THC) is one major step closer to their ‘Farm to Pharma’ strategy, having been granted a Manufacture Permit from the Australian Office of Drug Control for their facility in Southport, Queensland. By securing the permit, THC Global will immediately commence production of medicinal cannabis products which have been
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Australian payments technology innovator Novatti (ASX: NOV) has secured a significant backing with Australian Fintech Investment Group (AFIG) to invest $1.1m in Novatti’s ambitious disruption plans which will initially target new migrants. The investment will be made directly into Novatti B Holding Company (NBHC) which will be the subsidiary managing the company’s banking services unit,
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Australian bio-pharmaceutical developer Zelda Therapeutics (ASX: ZLD) has now fully enrolled insomnia sufferers into clinical trials where the Company aims to use cannabis as a treatment for clinically diagnosed patients. This set of trials will be completed in collaboration with the University of Western Australia (UWA) Centre for Sleep Science. The trials will aim to
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Organic food producer Murray River Organics Group (ASX: MRG) has seen a 27% uplift in exports. Interest from China-based consumers have led the drive, following the Company’s marketing tactics using the WeChat social media platform. Using WeChat, Murray River Organics has been able to communicate directly with consumers at a time when ongoing food safety
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The recent failures of IPO hopefuls WeWork and Latitude Financial have brought the magnifying glass upon the longstanding IPO process itself. The traditional IPO hasn’t changed for quite some time, and with the way things are going, a breaking point could be on the horizon as private investors get increasingly frustrated. The alternative being discussed
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At a time when drought has ravaged Australian farmers, food storage is poised to play a vital role in the nation’s agriculture production which is seeing significant industry investment in Bio-Gene Technology (ASX: BGT) and their grain pest control products. In the latest round of announcements, Bio-Gene has confirmed the addition of Grains Research and
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As drone technology continues to advance and heighten security concerns, Australian tech developer Orbital Corporation (ASX: OEC) has initiated a UAV flight program targeting 300 hours of data, in collaboration with wholly-owned Boeing subsidiary Insitu Pacific. The program is being conducted at Insitu’s Queensland facility where Orbital’s propulsion systems will be key to extending the
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