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Rakon increases stake in Australian start-up Thinxtra
By Sophie Boot March 2 (BusinessDesk) - Rakon, the high-tech components manufacturer, has increased its stake in Australian start-up Thinxtra to almost a fifth as it looks to boost its exposure in expanding machine-to-machine (M2M) connectivity, known as the Internet of Things...
Comvita, Capilano form Australian honey venture to boost supply
By Tina Morrison March 2 (BusinessDesk) - New Zealand manuka honey company Comvita is linking up with its Australian counterpart Capilano Honey to form an apiary business in Australia. The companies have signed a memorandum of understanding to form a jointly-owned business...
Intueri ordered to pay $200,000 over diving school fatality
y Paul McBeth March 2 (BusinessDesk) - Intueri Education Group, whose Quantum Education Group unit is under investigation by the Serious Fraud Office, has been ordered to pay another $150,000 in reparation and costs to the family of the student who died at its diving school in...
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