September 2024
Tim Reed’s Potentia Capital snaps up Tokyo HR software start-up
The private equity firm says it is searching for more deals after buying Jinjer in a deal that is expected to value the business at $500 million.
- Updated
- Tess Bennett
October 2023
BCA boss Tim Reed to guide AFL Giants into new era
Mr Reed becomes the second chairman of the AFL’s western Sydney club, replacing Tony Shepherd who led the Giants since their 2011 inception.
- Zoe Samios
August 2023
Business Council wanted Dom Perrottet as next CEO
Before signing up the little-known Bran Black, the nation’s big business lobby actually approached his old boss.
- Myriam Robin
New BCA boss pledges to fly the flag for productivity
Bran Black will start work at the Business Council of Australia as the government releases its second tranche of IR reforms.
- Phillip Coorey
We won’t go quiet on the Voice: business
Business leaders say advocating for Indigenous reconciliation is a right and an obligation, rejecting suggestions they should “stick to their knitting”.
- Tom McIlroy
April 2023
Carlyle, amicaa JV in talks with Potentia on Tyro takeover finance
The global credit giant and its local joint venture partner are understood to be in discussions to finance the long-awaited bid for even as price talks drag on.
- Sarah Thompson, Kanika Sood and Emma Rapaport
March 2023
- Opinion
- Federal election
Chalmers under pressure to match words with actions
The business community is looking for a lot more than politely enthusiastic rhetoric from this Labor government in what is indeed a defining decade for the country.
- Jennifer Hewett
Business urged to ‘fight really hard’ against IR changes
Business leaders have been warned the worst is yet to come from Labor’s policy agenda on industrial relations and environmental approvals.
- Lucas Baird and Phillip Coorey
Coalition blocking the ‘best shot’ at net zero success: business
Big business has urged the opposition to back the government’s safeguard mechanism, warning bipartisan support is needed to secure investment for the transition.
- Phillip Coorey
‘The worst is yet to come’: big business gears up for Canberra fight
BCA president Tim Reed said the Albanese government lacks an ambitious growth plan and with industrial relations, he reckons “the worst is yet to come”.
- Lucas Baird
February 2023
Potentia in holding pattern on Nitro board’s nod ahead of results
Potentia Capital bowled over Nitro Software substantial Spheria Asset Management with its new $2.17 to $2.25 bid past week, but shareholders will have to wait until Thursday to get the official board recommendation.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
Growing illiteracy, poor numeracy burden on business: BCA
The failure of the education system to ensure school-leavers have fundamental literacy and numeracy skills is putting additional pressures on employers.
- Julie Hare
Potentia Capital back with higher offer for Nitro Software
Potentia Capital has come back with a three-tier offer for Nitro Software, with a $2.17 a share base price.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
Tyro Payments suitor Potentia Capital warms up debt investors
If Tyro’s shareholders needed any further sign its suitor Potentia Capital is keen to make a deal work, here’s one.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
October 2022
- Opinion
- Funding
Private equity ready to pounce on battered ASX tech stocks
The ASX faces a challenge in its positioning as a home for growing tech companies, as private equity lines up to pick off companies smashed down by local investors.
- Updated
- Adir Shiffman
September 2022
- Opinion
- Chanticleer
Tyro joins the tech takeover wave
Tyro is the latest smashed-up tech stock to become easy pickings for private equity, which has plenty of dry powder and is roaming the ASX for bargains.
- Tony Boyd
July 2022
- Opinion
- Mergers & acquisitions
Why ANZ’s $4.5b MYOB acquisition plan always looked a non-starter
ANZ’s pursuit of Suncorp gave it a nice reason to pull the pin on a planned $4.5 billion deal for MYOB.
- Adir Shiffman
June 2022
Energy aid package for business on crisis agenda
A crisis meeting of energy ministers on Friday will consider a financial aid package for business and manufacturers to help ease the cost of soaring energy bills.
- Patrick Durkin
April 2022
‘A disaster’: CEOs want urgent bargaining fix to restart wage growth
Business leaders are calling on both parties to resurrect the dying collective bargaining system and are willing to negotiate safeguards with unions if necessary.
- David Marin-Guzman
- Exclusive
- Federal election
Why a ‘zero mandate’ election won’t lock in prosperity
Business leaders expressed frustration at the small-target election platforms, warning of skilled labour shortages, an uncompetitive tax regime and cost pressures.
- John Kehoe