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The Australian
42 minutes ago
- The Australian
Long Shortz with Airtasker: FY25 free cash flow and global growth surge
Tylah Tully chats with Airtasker (ASX:ART) CEO Tim Fung after the company reported a strong end to FY25, posting over $1 million in positive free cash flow and 29% growth in marketplace revenue. Growth was driven by re-acceleration in Australia and rapid international expansion, with the UK business growing over 100% year-on-year and the US soaring by 750%. Backed by strategic media partnerships and city expansions, Airtasker is scaling predictably, and plans to continue reinvesting into brand awareness and platform development across all key markets. Watch the video to learn more. This video was developed in collaboration with Airtasker, a Stockhead client at the time of publishing. The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions. Sponsored Nova Minerals has released a conceptual processing flowsheet for its 1.24Moz RPM deposit in Alaska. Sponsored Rhythm Biosciences has announced that its second-generation ColoSTAT blood test detects colorectal cancer consistently across all stages of the disease.

The Australian
43 minutes ago
- The Australian
Police offer $1m reward to find out who ordered hit on Robert Issa
Police are offering a $1m reward to find out who ordered a hit on gangland figure Robert Issa, who was shot dead in a car at Craigieburn Central shopping centre in 2023. Five men were charged with Mr Issa's murder last week, but homicide detectives are keen to identify crime bosses further up the chain who ordered and paid for the hit. A 29-year old man from Kew, a 31-year old man from Mickleham, a 33-year old man from Pascoe Vale and two 26-year olds from Fawkner were all charged with murder, attempted murder and arson on Thursday. Police arrest a 26-year-old man from Fawkner. Picture: Supplied Police allege Mr Issa, 27, and another associate, Eric Catanese, were sitting inside a white Mercedes station wagon parked in a shopping centre carpark when gunmen fired shots into their car just before 3pm on October 7, 2023. Witnesses pulled Mr Issa from the car and attempted to perform CPR until emergency services arrived, but he was pronounced dead at the scene. Catanese, from Melbourne's north and now aged 30, was taken to hospital with serious injuries. The offenders fled the scene in a black Range Rover that was found burnt out in Westmeadows about 30 minutes later. Gangland figure Robert Issa was shot and killed in a suspected underworld hit. Picture: Supplied The Herald Sun reported that Mr Issa had fallen out with underworld figures in the lead-up to his death. Mr Issa was thought to be associated with a figure linked to the Comanchero bikie gang who was suspected of playing a role in a string of retaliatory fire bombings targeting businesses and residences throughout Melbourne. The newspaper also reported detectives were investigating if Mr Issa made enemies attempting to break into Victoria's illicit tobacco trade and whether the five men charged over his death were involved in a drive-by shooting at his parents' house. Homicide squad detectives believe other people have direct knowledge about the motive of the incident and who was involved, including those who ordered the hit. Detective Inspector Dean Thomas said Mr Issa had connections to organised crime groups. Picture: NewsWire / Diego Fedele Detective Inspector Dean Thomas said police knew Mr Issa had connections to organised crime groups and this has added complexity to the investigation, including a motive. 'Five men have been charged for their alleged roles in the shooting on the day, but as we have said, this offending involves more than just those in the car on the night – it's the planning, the financing, those further up the chain and the facilitators,' he said. 'That is the reason for this reward. We know there are others out there and we will take every step in this investigation to identify them. 'If this reward leads to someone coming forward, then any information they provide will be thoroughly investigated. 'We have already made clear we will do everything we can to identify every single person involved in both the planning and the execution, and now there are one million reasons to come forward with any information you may have.'

The Australian
43 minutes ago
- The Australian
StockTake: Magmatic Resources
Stockhead's Tylah Tully takes a look at Magmatic Resources (ASX:MAG), which continues its gold exploration at the Weebo project in Western Australia. The company has kicked off soil sampling after completing rock chip sampling earlier this year. The sampling results are expected to guide follow-up auger and aircore drilling, to be carried out in late August. Watch the video to learn more. This video was developed in collaboration with Magmatic Resources, a Stockhead advertiser at the time of publishing. This video does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.