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David Simmons

David Simmons

Journalist at Business News Australia

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Email address
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Influence score
21
Phone
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Location
Australia
Languages
  • English
Covering topics
  • Business

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Recent Articles

businessnewsaustralia.com

Myer profit doubles to highest level since 2014 - Business News Australia

Department store Myer (ASX: MYR) has today announced its profits during the first half of its financial year doubled to hit $65 million - the group’s strongest NPAT performance since 1H14. The 101.4 per cent profit increase during the 26 weeks to 28 January 2023 was supported by total sales growth of 24.2 per cent, repr
businessnewsaustralia.com

Folklore, Artesian back $1.5m seed round for SimConverse - Business...

A healthcare simulation platform using generative artificial intelligence (AI) to help healthcare professionals avoid medical errors and patient harm has secured $1.5 million in seed funding in a round led by Folklore Ventures. Called SimConverse, the Sydney-based medtech startup is aiming to improve healthcare educati
businessnewsaustralia.com

Chemist Warehouse joins Wellnex Life cannabis joint venture - Busin...

Listed health and wellness company Wellnex Life (ASX: WNX) has added national pharmacy chain Chemist Warehouse to its medicinal cannabis joint venture (JV) with Melbourne-based OneLife Botanicals to get products on shelves nationally. Under the deal, Chemist Warehouse will receive 10 per cent equity in Wellnex’s existin
businessnewsaustralia.com

Legal tech Josef unveils AI knowledge management tool - Business Ne...

Hot on the heels of raising $5.2 million in November last year, legal tech Josef has today unveiled its latest technical innovation - an AI-powered program that turns policies and regulations into digital knowledge management tools. Called Josef Q, the new OpenAI-powered product will help businesses answer frequently a
businessnewsaustralia.com

Purely Byron falls into administration - Business News Australia

Purely Byron, a skincare company founded by Elsa Pataky and co-owned by her husband Chris Hemsworth, has been placed into administration. Appointed last week, DW Advisory will head up the administration process and attempt to find a way forward for the skincare company that also counts BWX (ASX: BWX) as a substantial s
businessnewsaustralia.com

Report reveals gender diversity of impact entrepreneurship - Busine...

Much has been said about the lack of female founders in the Australian startup landscape, but a new report from investor Giant Leap has found that gender diversity is slightly more pronounced in businesses looking to make a real impact on the planet. More than one in four (26 per cent) of the approximately 1,000 ’impact
businessnewsaustralia.com

IPH and Latitude Financial both hit with cyber incidents - Business...

Intellectual property law giant IPH Limited (ASX: IPH), two of its member firms and personal loans provider Latitude Group (ASX: LFS) have all alerted customers to cyber incidents today, with potentially hundreds of thousands of individuals affected. According to IPH, the cyber incident was primarily limited to the doc
businessnewsaustralia.com

Brisbane startup picked for US hypersonic jet program - Business Ne...

Brisbane-based aerospace company Hypersonix Launch Systems has been selected to provide hypersonic vehicles to the United States’ Defense Innovation Unit (DIU) for testing, beating out a field of international aerospace companies for the contract. Hypersonix, which uses 3D-printing to build unmanned hydrogen-fuelled SPA
businessnewsaustralia.com

Neon Treehouse lights up the crowdfunding marketing space - Busines...

Flashy filmed interviews with founders, neatly designed graphs and ideally timed social media posts make up the visually rich storytelling behind equity crowdfunding rounds - something weve learnt to take for granted from startups looking for retail investors to back their big idea. The digital marketing that goes on b
businessnewsaustralia.com

'Active' cyber attack to keep Latitude offline for days - Business ...

Latitude Group (ASX: LFS) requested its shares be suspended from trading on the Australian Stock Exchange (ASX: ASX) this morning prior to revealing it would take ‘days’ to restore its platforms which are currently offline due to an ‘active’ cyber attack on its systems. The development comes after Latitude, whi...
businessnewsaustralia.com

Japan's Kirin to buy Blackmores in $1.9b deal - Business News Austr...

The board of vitamins company Blackmores (ASX: BKL) has unanimously backed a takeover offer from Japanese beverage giant Kirin that values the Australian firm a