Mighty Kingdom is cutting staff, collapsing senior management roles as a cost-saving effort amongst ongoing financial challenges.

Sportitude, an Adelaide-based sports good marketplace, will fold into RunDNA after a long business partnership.

The major banks will be banned from closing regional branches for the next two years to arrest the decline of face-to-face services.

Novo Nordisk boasts 45 million customers using their drug Ozempic, which has caused a revolution in weight-loss treatment.

Melbourne-based startup Shopfront has raised $800,000 in pre-seed funding to make selling on e-commerce platforms easier.

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