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  • Neuren secures European patent for drug aimed to treat incurable brain disorders

    Australian biopharmaceuticals developer Neuren Pharmaceuticals (ASX: NEU) has been granted a patent from the European Patent Office covering NNZ-2591, a world-first drug being developed to treat three neurodevelopmental disorders which affect children, and are currently incurable.  The granting of the new patent is the third jurisdiction to do so for Neuren with the same application

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  • ASX IPO Watch: December Listings of Interest – 13 Seeds, Openpay, Founders First, Tyro & OpenLearning

    2019 has been a mixed year for IPOs but here are a few companies intending to list on the ASX in December which may be worth keeping an eye on.  13 Seeds Limited (Proposed ASX: 13S) Established in 2016, 13 Seeds Limited are a Tasmanian-based, hemp superfood and skincare nutraceutical company.  The company are proposed

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  • Amaysim acquires Jeenee Mobile, increases recurring subscribers to 698k

    Telecommunications provider amaysim (ASX: AYS) has strengthened its recurring mobile subscriber base through the acquisition of Jeenee Communications and its 41,700 subscribers.  The purchase of the privately-held mobile virtual network operator (MVNO) for total consideration of $7.8 million will take amaysim’s total recurring mobile subscriber base to 698,600 total users with Jeenee customers to be

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  • A not so merry Christmas? – Lending growth slows

    Despite the recent mini boom in home prices, higher auction clearance rates, and bullish media commentary, the sentiment is simply not showing up in credit statistics released today. Investor home lending growth is slightly in negative territory and personal credit growth is further accelerating its decline with negative 4.74% annual growth. Business lending growth is

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  • Quantify Tech secures $500k order to turn apartments into SmartHomes

    Australian tech manufacturer Quantify Technology (ASX: QFY) has secured an order in excess of $500,000 for their qDevices which will be installed in three apartment buildings, converting them into SmartHomes where lighting and sound will be adjustable by occupants via voice, app and touch.  The Heads of Agreement (HoA) is with Sydney based building developer

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  • Retail sales beware: Annual change in GST receipts turn negative

    Finance.gov.au released components of taxation revenue for the month of October 2019. Combining these figures into a time series dating back to 2014, we get to look at the 12 months annual changes in various Government tax receipts. Annual Goods and Services tax (GST) to the end of October 2019 came in at $65.9 Billion,

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