Green hydrogen hype fast runs out of steam
The glow of the superfuel is fading fast and this demands a rethink of its role in the path to net zero.
SA Business Journal
Pub hits back in ‘exorbitant’ $33 schnit storm
The owner of the popular hotel says online reviewers would be stunned if they knew what she really made from her “exorbitant” prices.
CBA’s Comyn moves succession pieces around the board
There are two big messages coming out of the management reshuffle at the nation’s biggest bank.
South Australian business icon Karl Chehade dies
The man responsible for taking a humble North Adelaide store in the 1950s and expanding to create the nation’s biggest dry cleaning chain has passed away.
How Qatar’s Virgin stake will change aviation
Cashed-up Qatar will likely use Virgin as cover to get more flights into Australia, which ultimately means serious competition for travellers. But what does it mean for Qantas?
Rio and BHP say the net zero tailwind is at their backs
The push to re-industrialise Western economies and the transition to net zero will provide strong tailwinds for the mining sector for decades to come, both Rio Tinto and BHP believe.
Sigma offers concessions to get Chemist Warehouse deal done
The competition regulator’s decision on the $8.8bn merger of Sigma Healthcare and Chemist Warehouse has been pushed back to allow consultation on new Sigma undertakings.
Resources rebound could spell more records for share market
Resources stocks have surged 17 per cent in a month but are still in negative territory for 2024. Experts examine the outlook.
Resources rebound could spell more records for share market
Resources stocks have surged 17 per cent in a month but are still in negative territory for 2024. Experts examine the outlook.
Don’t waste a crisis
South Australia’s primary producers, who are currently struggling with poor seasonal conditions, don’t get the credit they deserve, the South Australian Business Chamber argues.
This is our moment: Telstra CEO maps out her AI vision
Vicki Brady says big telcos have once again found themselves at the front of a tech revolution.
Adelaide parklands tower set for one kind of tenant only
These new apartments in a prime part of Adelaide’s CBD are intended to help address a pressing social problem.
Lincoln Minerals unveils huge magnetite resource
Lincoln Minerals has revealed it owns a one billion tonne-plus magnetite iron ore resource on the Eyre Peninsula, which was previously owned by a China-backed joint venture.
Revealed: South Australia’s biggest home builders listed
Housing construction in SA is bouncing back from a two-year lull, with a familiar name topping an annual list of the state’s biggest home builders.
Major defence firm relocates headquarters to Adelaide
A multinational defence firm is moving its headquarters to Adelaide’s Lot Fourteen, in a jobs and skills coup for South Australia.
Portland aluminium smelter locks in power until mid-2035
Alcoa of Australia has locked in power supplies for its Portland aluminium smelter out to mid-2035, with a new deal with AGL providing more security for the future of the operations.
Former Crow is at home climbing the property ladder
Former Adelaide Crows footballer Daniel Talia is kicking goals in a new career, promising to remove the hassle and stress when selling your home.
Side hustle to SA’s best: Young tradie named top sparky
When an ambitious electrician decided to “give it a crack” and go out on his own just six months ago he never dreamt his business would be voted the state’s best.
Cheaper schnitties and pints as CBD pub bucks price trend
An Adelaide CBD hotel will cap the prices of its food menu at $30 and cut almost half the price of some beers to attract more patrons amid cost of living pressures.
Increase R&D tax incentive cap, says Cochlear boss
Cochlear chief executive Dig Howitt says Australia needs to increase the research and development tax incentive threshold and dust off a Morrison government-era plan.
Bank slide doesn’t stop experts’ “sell” recommendations
Was it a hiccup or worse? Bank shares slumped last week but the nation’s number one lender is still seen as too expensive to buy.
Beyond bank deposits: where retirees can stash their cash
Seniors have plenty of options to save money and tax by watching their nest eggs closely during life after work.
Paradigm shift: Teen biz whiz bringing ‘something new’ to Adelaide
Adelaide is set to get a new state-of-the-art entertainment arcade that promises to impress – and it’s been dreamt up by a 19-year-old business entrepreneur.
Anglo coal sale could be wrapped up by year’s end
Anglo American’s Queensland steelmaking coal auction could be wrapped up by the end of the year, and the company says damage from the fire at Grosvenor appears to be limited.
Top Shelf International suspends shares amid funds crunch
Spirits maker Top Shelf International has suspended its shares from trade as it investigates funding options and asset sales to underpin its viability.
Whyalla workers steel themselves for hard home truths
Not long ago this Whyalla mum was making good money. Now she says she’s forced to rely on Centrelink despite the big hopes for her town.
Revealed: What Mali told Whyalla steelworks owner Sanjeev Gupta
Premier Peter Malinauskas has revealed details of his Thursday afternoon meeting with embattled steelworks owner Sanjeev Gupta.
SA Premier keeping close eye on Whyalla steelworks
South Australia’s Cabinet will travel to Whyalla to canvass community concerns around GFG Alliance’s beleaguered steelworks, which the Premier says can’t be allowed to fail.
Let’s make a deal: Platinum issues three tests for Regal
Phil King’s Regal Partners could be closer to grabbing the elusive fund manager Platinum than he realises.
Tax breaks needed to drive mine electrification, industry says
Tax incentives are needed to drive the electrification of Australia’s mining fleet, a high level consortium of resources companies says, while emissions targets will remain out of reach in their absence.
The hidden flaw in Steve McCann’s plan to rescue Star
The reality is, the new CEO has very few levers to pull as the casino struggles to trade out of its mounting problems.
How Solomon Lew plans to get his retail mojo back
The billionaire retailer has three big strategic issues to tackle to get his empire of Smiggle through to Just Jeans firing again.
Mali in talks with five steel firms about Whyalla ‘opportunity’
Premier Peter Malinauskas has revealed he is in talks with five steel firms about a green iron opportunity at Whyalla.
Crippling virus risks SA’s $230m tomato industry along with 500 jobs
A contagious virus has forced health authorities to quarantine a major grower, over fears it could cripple the state’s $230m tomato industry.
Chemist Warehouse profit surges as merger decision ticks closer
Chemist Warehouse has boosted profit by almost 80 per cent and continued to expand as the competition regulator prepares to rule on its merger with Sigma Healthcare.
Fortescue’s mining fleet to go green with mega $4bn truck order
Billionaire Andrew Forrest has challenged the mining sector to follow his company’s lead, after striking a $4bn deal with Liebherr for battery-powered trucks and excavators.
RBA will be late to rate cut party, but it’s on the way
Michele Bullock marked her first year anniversary as the central bank governor with a shift in tone.
Urgent advice on Whyalla steelworks’ future sought
The South Australian government is seeking urgent advice on its exposure and role should GFG Alliance’s embattled Whyalla steelworks be placed in voluntary administration.
BHP better placed for growth than in years
The mining giant’s balance sheet is in fantastic shape and its growth options are much better positioned than they were just a few years ago, CEO Mike Henry says.
What REA learned from BHP’s London stalemate
Investors are now putting pressure on Rightmove’s London board to take a seat at the negotiating table for the $11bn offer.
RAA energy offer to save consumers hundreds
RAA is weeks away from releasing energy plans it says will save members hundreds of dollars, while the organisation itself delivered a profit for the first time in three years.
‘Fake discounts’ a serious test of trust for Coles, Woolies
The ACCC’s claims are as damaging as they can get. But the regulator needs to be careful not to buy into the emotion around price gouging.
Gold explorer triples on Mexican exploration results
A gold exploration minnow has made what it says is a ‘globally significant’ find, sending its shares through the roof.
Beston Global Food Co collapses after failure to find a buyer
Beston Global Food Company has collapsed into administration after a failed bid to sell the company, putting about 160 jobs in South Australia’s southeast at risk.
Instos back down on BHP climate protest vote
Activist funds have backed down on their push for a vote on better climate disclosures at the BHP annual meeting, after the company’s own report satisfied their demands.
Healius hauls in ‘much bigger’ than expected $965m for Lumus
Healius will look at how to return capital to shareholders after its bumper $965m Lumus Imaging sale to Affinity Equity Partners.
$150m splash on big box boom
Whitmore Property is tapping investors for a new $150m large format retail fund as it looks to capitalise on a booming population and housing pipeline.
Why resources stocks are our experts’ top share tips this week
The latest ‘buy’ recommendations are dominated by one of the weakest performing ASX sectors this year. Here’s why.
Olivia Wirth’s Myer revival hinges on it all coming together
The former Qantas executive has moved at lightning speed in her first 100 days in charge of the retailer. This is where she wants to take it.
Whyalla blast furnace offline again
The Whyalla blast furnace is again offline, with Sanjeev Gupta’s GFG Alliance unable to say when steelmaking will resume, just a day after the industrialist called for calm.
Original URL: https://www.adelaidenow.com.au/business/sa-business-journal