Jack Derwin
@jackderwin.bsky.social
Business journo @ Capital Brief
Tips to jackderwin[at]protonmail.com or on Signal @jack.19
Do try the fish.
Tips to jackderwin[at]protonmail.com or on Signal @jack.19
Do try the fish.
Spoke to a lot of insiders about what made Catch tick and how it came undone under Wesfarmers. Strikingly, many think the line about Amazon killing it is 'bullshit'.
January 29, 2025 at 1:10 AM
Spoke to a lot of insiders about what made Catch tick and how it came undone under Wesfarmers. Strikingly, many think the line about Amazon killing it is 'bullshit'.
Guzman y Gomez's Feb results will pit wealthy shareholders against circling short sellers.
Given the chance, will GYG insiders take some serious money off the table?
www.capitalbrief.com/article/mark...
Given the chance, will GYG insiders take some serious money off the table?
www.capitalbrief.com/article/mark...
Market fight brewing over Guzman y Gomez shares
As insiders get the green light to trim their lucrative stakes, short sellers are circling the hot Mexican fast food chain.
www.capitalbrief.com
January 22, 2025 at 12:07 AM
Guzman y Gomez's Feb results will pit wealthy shareholders against circling short sellers.
Given the chance, will GYG insiders take some serious money off the table?
www.capitalbrief.com/article/mark...
Given the chance, will GYG insiders take some serious money off the table?
www.capitalbrief.com/article/mark...
How index funds are breaking markets.
January 20, 2025 at 11:45 PM
How index funds are breaking markets.
Reposted by Jack Derwin
Just how bad is Australia’s national debt problem? It’s been a topic of debate lately, especially in Canberra as the federal election looms, amid forecasts that total debt will hit $1 trillion by 2025/26.
Jennifer Duke dived into the numbers and talked to top economists to get the real story 👇
Jennifer Duke dived into the numbers and talked to top economists to get the real story 👇
January 9, 2025 at 11:48 PM
Just how bad is Australia’s national debt problem? It’s been a topic of debate lately, especially in Canberra as the federal election looms, amid forecasts that total debt will hit $1 trillion by 2025/26.
Jennifer Duke dived into the numbers and talked to top economists to get the real story 👇
Jennifer Duke dived into the numbers and talked to top economists to get the real story 👇
My colleague @bronwenc.bsky.social's brilliant reporting on Employment Hero has culminated in this read today on @capitalbrief.com with some great colour 👏
Full story in comments.
Full story in comments.
December 18, 2024 at 1:04 AM
My colleague @bronwenc.bsky.social's brilliant reporting on Employment Hero has culminated in this read today on @capitalbrief.com with some great colour 👏
Full story in comments.
Full story in comments.
Platinum looks awfully vulnerable after its talks with Regal backfired.
It's now up to management to stem outflows and turn the ship around. But there's more than one interested buyer ready to step in – for the right price.
www.capitalbrief.com/article/plat...
It's now up to management to stem outflows and turn the ship around. But there's more than one interested buyer ready to step in – for the right price.
www.capitalbrief.com/article/plat...
Platinum in predicament after Regal walks away
Analysts have accused the fund manager and its advisors of mishandling deal talks after a potential acquirer walked away. Now it must stop the bleeding — or face a fire sale.
www.capitalbrief.com
December 10, 2024 at 1:25 AM
Platinum looks awfully vulnerable after its talks with Regal backfired.
It's now up to management to stem outflows and turn the ship around. But there's more than one interested buyer ready to step in – for the right price.
www.capitalbrief.com/article/plat...
It's now up to management to stem outflows and turn the ship around. But there's more than one interested buyer ready to step in – for the right price.
www.capitalbrief.com/article/plat...
Scoop: Bendigo and Adelaide Bank sold out of Cuscal prior to the payments company’s IPO on the ASX last week. The exit comes as other key backers sell down their stakes.
www.capitalbrief.com/article/bend...
www.capitalbrief.com/article/bend...
Bendigo exits Cuscal as Mastercard and other backers cut stakes
Cuscal’s biggest and longest-standing investors, including Bendigo and Mastercard, quietly sold down their stakes ahead of the payments firm’s ASX debut.
www.capitalbrief.com
December 5, 2024 at 11:32 PM
Scoop: Bendigo and Adelaide Bank sold out of Cuscal prior to the payments company’s IPO on the ASX last week. The exit comes as other key backers sell down their stakes.
www.capitalbrief.com/article/bend...
www.capitalbrief.com/article/bend...
Scoop: ASIC is using an AI fraud tool on the ASX which has identified serious accounting issues at 32 of Australia's largest companies, recommending further investigation.
www.capitalbrief.com/article/asic...
www.capitalbrief.com/article/asic...
ASIC’s new AI fraud detector is flashing red on the ASX
Transparently, an AI fraud detection tool trialled by ASIC, says it has has identified accounting red flags across dozens of ASX companies.
www.capitalbrief.com
December 2, 2024 at 11:27 PM
Scoop: ASIC is using an AI fraud tool on the ASX which has identified serious accounting issues at 32 of Australia's largest companies, recommending further investigation.
www.capitalbrief.com/article/asic...
www.capitalbrief.com/article/asic...
Reposted by Jack Derwin
more on Employment Hero from @bronwenc.bsky.social www.capitalbrief.com/article/empl...
Employment Hero defends rowdy offsite described by employees as 'adult schoolies'
Employment Hero has dismissed four employees for inappropriate behaviour at its ‘Global Gatherings’, where over 1,000 remote staff meet to align strategy and bond.
www.capitalbrief.com
December 2, 2024 at 12:07 AM
more on Employment Hero from @bronwenc.bsky.social www.capitalbrief.com/article/empl...
“You can’t stay here at night,” she says. “You can stay at Walmart, in the back parking lot.”
“Okay.”
She gives me her card. She leaves. I stay. I have every right to be here.
www.esquire.com/news-politic...
“Okay.”
She gives me her card. She leaves. I stay. I have every right to be here.
www.esquire.com/news-politic...
My Life As a Homeless Man in America
An extraordinary firsthand account.
www.esquire.com
November 28, 2024 at 12:11 AM
“You can’t stay here at night,” she says. “You can stay at Walmart, in the back parking lot.”
“Okay.”
She gives me her card. She leaves. I stay. I have every right to be here.
www.esquire.com/news-politic...
“Okay.”
She gives me her card. She leaves. I stay. I have every right to be here.
www.esquire.com/news-politic...
Reposted by Jack Derwin
When Swoop Aero touted a $100 million buyout in 2022, it was meant to signal that the drone delivery startup’s brightest days were ahead.
Instead, it marked the beginning of the end.
Instead, it marked the beginning of the end.
November 26, 2024 at 10:12 PM
When Swoop Aero touted a $100 million buyout in 2022, it was meant to signal that the drone delivery startup’s brightest days were ahead.
Instead, it marked the beginning of the end.
Instead, it marked the beginning of the end.
Green hydrogen has its critics who say its too volatile and too expensive to work.
Fortescue $FMG disagrees with innovation chair and former CSIRO boss Larry Marshall saying the company is keeping the faith despite setbacks.
www.capitalbrief.com/article/fort...
Fortescue $FMG disagrees with innovation chair and former CSIRO boss Larry Marshall saying the company is keeping the faith despite setbacks.
www.capitalbrief.com/article/fort...
Fortescue recommits to ‘wicked hard’ green hydrogen ambitions
Fortescue’s innovation chief and former CSIRO head Larry Marshall says the company remains committed to its hydrogen dreams despite major setbacks.
www.capitalbrief.com
November 25, 2024 at 3:48 AM
Green hydrogen has its critics who say its too volatile and too expensive to work.
Fortescue $FMG disagrees with innovation chair and former CSIRO boss Larry Marshall saying the company is keeping the faith despite setbacks.
www.capitalbrief.com/article/fort...
Fortescue $FMG disagrees with innovation chair and former CSIRO boss Larry Marshall saying the company is keeping the faith despite setbacks.
www.capitalbrief.com/article/fort...
Cuscal's intermediaries helped connect a Cyprus-based online casino to Australian payment rails.
Compliance experts say it highlights the significant risks being run by the company's downstream partners, just days before its blockbuster IPO.
www.capitalbrief.com/article/cusc...
Compliance experts say it highlights the significant risks being run by the company's downstream partners, just days before its blockbuster IPO.
www.capitalbrief.com/article/cusc...
Cuscal faces questions over high-risk clients on eve of ASX debut
An offshore casino gained access to Australian payments infrastructure via Cuscal’s complex web of partners.
www.capitalbrief.com
November 21, 2024 at 12:36 AM
Cuscal's intermediaries helped connect a Cyprus-based online casino to Australian payment rails.
Compliance experts say it highlights the significant risks being run by the company's downstream partners, just days before its blockbuster IPO.
www.capitalbrief.com/article/cusc...
Compliance experts say it highlights the significant risks being run by the company's downstream partners, just days before its blockbuster IPO.
www.capitalbrief.com/article/cusc...