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Clients of First Penny Investments chief Michael Gale have complained of never meeting investors.

Fallen neobank Xinja probed by secret US website offering $1m rewards

The US-registered website has offered cash and whistleblower protections for insider information on the $433 million deal brokered by First Penny Investments that never materialised.

  • by Charlotte Grieve
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Companies

JB Hi-Fi posts modest growth (Thumbnail)

Locked-down Aussies spend up big on electronics, camping

Some of Australia's largest listed retailers have revealed bright spots after a tough year of COVID trading.

  • by Emma Koehn
Retail's dynamic duo - soon to part ways

From corporate kryptonite to retail rainmaker - Premier's McInnes leaves on a high

The terms of Mark McInnes' departure include two years' retail industry gardening leave during which Premier will pay him his base pay for both years - a total of $5.4 million.

  • by Elizabeth Knight
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Banking & finance

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Startups

The offending device.

Australia's 'most unreliable fintech': Tyro targeted by short seller as outage continues

Beleaguered payments technology company Tyro is being targeted by short seller Viceroy Research which claims Tyro's technology problems laid bare in an 11 day long outage are worse than reported.

  • by Cara Waters
Pro Medicus CEO Sam Hupert says it's a relief to get a deal like Intermountain signed after years of work.

ASX market darling Pro Medicus surges on breakthrough US contract

The $3.7 billion medical technology operator is inking big contracts as the pandemic rages in North America.

  • by Emma Koehn

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