Chemist Warehouse sales surge as Sigma merger looms
The retailer has reported rampaging sales figures, just a day before Sigma Healthcare shareholders are due to vote on a multi-billion dollar merger with the pharmacy retailer.
Victoria Business
EML Payments should be sold off, activist investor argues
Activist investor Jeremy Raper has written to the EML Payments board arguing that the company’s brand is beyond repair and it should kick off a sales process.
Strong gains tipped for drug developers in 2025
There’s a grab bag of Australian-listed drug developers that should be on investors’ radars this year, analysts say, with a hefty upside potentially on the cards.
Super funds back push for DEI reporting and boardroom quotas
As Donald Trump inflames the diversity, equity and inclusion debate in the US, super funds here reiterated their support for DEI reporting by ASX-listed companies.
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Thousands shut up shop as company collapses hit record
About 7480 businesses collapsed in the last six months – more than ever – as rising costs coupled with badly bruised households fuel a surge in hospitality failures.
Trump offers the best chance for business to reset
There’s plenty of volatility to come, but by playing under Donald Trump’s new world order, business is poised to thrive.
Sydney lending firm enters voluntary administration
Sydney-based BNPL company Procuret has gone into voluntary administration, with a sale or recapitalisation now being considered.
Trump and Melania crypto coins tank on inauguration day
The newly launched $Trump and $Melania “meme coins”, backed by the US President and his wife, tanked spectacularly on the day of his inauguration.
Last-ditch bid for gold mine at Adelaide Hills winery fails
A proposed gold mine at Bird in Hand – next to a number of feted Adelaide Hills wineries – appears doomed after a last-ditch legal challenge failed.
Carlton deputy refuses to back Sayers amid X-rated pic probe
Carlton’s board is consumed with the scandal surrounding its chair Luke Sayers, with speculation mounting he may be replaced.
Why Telstra’s boss is taking a different approach to building AI
Telstra chief Vicki Brady has more than a hundred ways which AI can be used across the telco and now she wants the technology to be fast tracked.
Viva’s ‘incomplete’ LNG work puts question mark over Geelong plan
Ports Victoria says Viva Energy hasn’t adhered to requests it complete works that will ascertain risks to other vessels from a planned LNG import facility at Geelong.
Why Star’s secretive Macau backer is betting big
A secretive investor is friends with Star’s two Hong Kong-based partners, sources say, which could give gaming regulators a new headache if he keeps buying up shares.
Where property investors selling out of Melbourne are looking
There’s an ‘escalation’ of investors quitting Melbourne as new state property taxes begin to bite. So where are they going?
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