Queens Wharf investors refunded millions after contracts cancelled
Investors in a luxury tower at Queens Wharf have been refunded millions of dollars in deposits, with interest, after the developer confirmed the project faces three-year delays.
Victoria Business
The day Donald Trump took an Aussie billionaire to Tokyo
Australian retail supremo Solomon Lew had a first-hand view of how the now two-time US President tackled business deals and it offers plenty of lessons for leaders.
ASIC prepares to bet it all on casino legal fight
The regulator’s blockbuster action against the casino’s former directors is about to start. And the stakes couldn’t be higher.
Build-to-rent dollars to flow into NSW as Queensland slides
After years of trailing Victoria and Queensland, the NSW build-to-rent investment market is taking off, a report by Knight Frank’s Australia says.
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More uni mergers on cards as our educational institutions struggle
Financial pressures on universities, exacerbated by the unsuccessful bid to limit international student numbers, could prompt more merger discussions, KordaMentha says.
SunRice booms on selling Aussie rice to the world
SunRice is well along the path of cracking more than $2bn and becoming one of Australia’s biggest food exporters – and investors have been piling in.
There’s a lot to be optimistic about in 2025: Citi Australia
Mark Woodruff, the local boss of US banking giant Citi, says market conditions are turning positive for the coming year.
Struggling glove maker lays out path to resurrection
The board of pandemic market darling VIP Gloves has laid out a plan to resurrect the company, which crashed from huge profits to huge losses in a short period.
Melbourne local Business Gala Awards celebrated at The Langham
Guests have flocked to the inaugural 2024 Melbourne Local Business Gala Awards, held by Precedent Productions, at The Langham this week. See the winners of each category.
NextDC-backed cloud provider turns takeover target
An underperforming cloud services provider one third-owned by NextDC has found itself the target of competing takeover bids.
Struggling game maker takes on onerous loan to stay afloat
Game developer Mighty Kingdom has raised money at an onerous rate to keep the lights on but says it is still working on corporate opportunities which could deliver value.
Goldman Sachs gives Foxtel deal the tick of approval
News Corp will have a stronger earnings profile and be better focused on its digital property growth drivers following the sale of Foxtel to DAZN, Goldman Sachs says.
Sports streamer DAZN buys Foxtel in blockbuster $3.4bn deal
New ownership for subscription giant Foxtel and its hit brands Kayo and BINGE is set to shake up Australia’s media and sport landscape.
Howzat! Behind DAZN’s quest to become Netflix of sport
The UK sports streaming operator has big plans for the way the world watches sport – and Foxtel is set to become a key part of this.
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