NAB has rails run in HSBC’s great Aussie bank sale
With everyone else too big or distracted, HSBC is NAB’s for the taking if the global giant decides to walk away from the local retail banking market.
With everyone else too big or distracted, HSBC is NAB’s for the taking if the global giant decides to walk away from the local retail banking market.
After a billion dollar bet, the Australian producer will deliver the first financial test of the new president’s pledge to ‘drill baby, drill’.
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.
There’s plenty of volatility to come, but by playing under Donald Trump’s new world order, business is poised to thrive.
Its first brand ambassador was Marie Antoinette, the last Queen of France, and a new sponsorship deal with the Australian Open tennis will lift champagne brand Piper-Heidsieck’s visibility.
Australian wineries have an estimated 200 million litre glut of wine in their inventory despite slowing production in the aftermath of a three-year trade stand-off with China.
Mining has resumed at GFG Alliance’s iron ore mines near Whyalla, while rail haulage for both iron ore and steel products remains offline, along with the blast furnace.
The days could be numbered for the little-known regulatory quirk that has given a boost to Victorian power customers at Tasmania’s expense.
ANZ has a history of its ambitions being bigger than its balance sheet. The arrival of a big name global banker adds to these worries.
Sonic Healthcare will buy a German laboratory business for nearly $700m, with the deal including an option over a second business.
From leading insolvency action against Alan Bond and Christopher Skase to boardroom tussles, former Lendlease and South32 chairman David Crawford is being remembered as a titan of many arenas.
The supermarket giant is racing to get festive grog and food on shelves after striking warehouse workers accepted a deal which included “above-inflation” wage increases.
The CSIRO has stepped up its attack on the price of Peter Dutton’s nuclear ambition, claiming the cost of large-scale power plants far exceeds firmed renewables over the long term.
The head of renewables giant Enel’s Australian business says the absence of a social licence framework for developers is holding back the energy transition.
Original URL: https://www.adelaidenow.com.au/business/victoria-business/page/9