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A decision to impose a tax that dates back 20 years has sparked outrage among foreign investors in Australian mining, energy and infrastructure. It’s possible that by the time chief executive Shemara Wikramanayake hands over to a successor, the group may be back earning record levels of annual profit. While investors might see global instability and run for cover, currency strategists see a bold recovery on the horizon, backed by higher interest rates. Hotel booking platform Siteminder unveils new AI tools as it joins other software firms like Atlassian, WiseTech Global and Xero in a sharemarket recovery
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Oscar Ledlin, who ranks number 55 on the Young Rich List, has launched a company specialising in sustainable concrete production, with ambitions to IPO. The company had already been heavily sold off over the year, with Trump administration trade policies increasing the cost of its products and hurting sales. The Young Rich List, now in its 21st year, sets a new high for total wealth of $41.7b, dominated by technology entrepreneurs and retailers. The definitive list of our next generation of entrepreneurs, aged 40 and younger. The definitive list of our best and brightest next generation of entrepreneurs, aged 40 and younger. Afterpay is only available on certain purchases on eBay.com.au.
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A court has heard airport officials circulated a spreadsheet showing how other investors would benefit if property group Dexus was forced to sell its holdings. Donald Trump has said US forces will “interdict” any ships that pay tolls to Iran, in a move that is again driving up oil and gas prices. John Wylie’s Tanarra Capital has taken a controlling interest in the business alongside a syndicate of investors. The new wave of tech giants is ready to cross into the public markets world, bringing a whole new generation of investors.
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