ASX Announcements
Update on the proposed acquisition of MIRRAT
Asset Acquisition, Company Administration - Other
- Oct 24, 2024
- 1 page
AXX: Qube's proposed acqui. of MIRRAT raises prelim concerns
Company Administration - Other
- Oct 24, 2024
- 3 pages
Notification regarding unquoted securities - QUB
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Oct 23, 2024
- 6 pages
Application for quotation of securities - QUB
Appendix 2A (Application for Quotation of Securities)
- Oct 17, 2024
- 6 pages
September
Qube sues own employees for damages for blocking ship services
A wage dispute between logistics group Qube and wharfies in Melbourne has escalated after the company sued more than 20 union members.
- Jenny Wiggins and David Marin-Guzman
August
Qube’s Moorebank stake on the block
The logistics group said it could sell its stake in its new Moorebank interstate rail terminal after strikes at stevedore DP World helped boost annual net profit.
- Jenny Wiggins
May
- Opinion
- Infrastructure
There’s value in big government spending done right
The private-public partnership championed by Anthony Albanese that is transforming the supply chains is a role model for underwriting critical minerals expansion.
- Tony Boyd
April
DP World profit tumbles 34pc after wharfie strikes
The stevedores giant’s annual profits have slid following the dispute over new wage agreements and after container volumes fell, the company’s accounts show.
- Jenny Wiggins
January
‘We wouldn’t do it for a coal mine’: Libs back Plibersek in wind fight
The federal opposition has sided with Environment Minister Tanya Plibersek against Victorian Premier Jacinta Allan in a fight over offshore wind energy.
- Gus McCubbing and Angela Macdonald-Smith
December 2023
Qube wins bitter court fight to claim $7m from Martinus Rail
The rail builder’s attempts to block the logistics group from getting access to $7 million in funds held as part of a security deposit have been dismissed.
- Jenny Wiggins
ACCC says it’s too soon to regulate port fees
The competition watchdog has shied away from regulating so-called “access” fees charged by port stevedores despite industry profits surging to record highs.
- Jenny Wiggins
November 2023
DP World hack strands 30,000 shipping containers
Tens of thousands of shipping containers stuffed with consumer goods were trapped at ports around the country after a cyberattack on stevedore DP World Australia.
- Jenny Wiggins, Nick Bonyhady, Ronald Mizen and Euan Black
DP World’s 52pc fee rise at Port of Melbourne labelled ‘exorbitant’
Former competition watchdog chairman Graeme Samuel says the federal government needs to control prices charged by stevedores at the nation’s container ports.
- Jenny Wiggins
October 2023
Wharfies union withdraws Qube bans after ‘secondary boycott’ claims
The logistics group had accused the wharfies union of targeting it with an illegal secondary boycott under the pretence of protected action against DP World.
- David Marin-Guzman
September 2023
Qube tears up freight hub contract with Martinus Rail
Construction has stopped on an interstate rail hub in southwest Sydney after logistics group Qube scrapped a $140 million construction deal.
- Jenny Wiggins
August 2023
Qube sees ‘modest’ growth ahead as container imports decline
The logistics group delivered healthy profits but has warned growth will not be as strong in 2024.
- Jenny Wiggins
Union fails in unprecedented bid to end industrial action at Qube
The rail workers’ union has failed to end two weeks of strikes and lockouts at Qube, but not before the umpire voiced its “extreme disappointment” at the logistics giant.
- David Marin-Guzman
July 2023
Rail union moves to end Qube lockout over ‘safety risk’
The rail workers’ union has taken the unprecedented step to terminate industrial action at Qube on grounds it threatens the safety of workers and commuters.
- David Marin-Guzman
June 2023
Why this fundie is betting on more M&A action by Sonic Healthcare
Infinity’s Piers Bolger explains why he’s staying away from consumer stocks such as Baby Bunting and City Chic.
- Joanne Tran
May 2023
Unions launch ‘same job, same pay’ ad blitz as bosses decry power grab
The mining union will campaign for new labour hire laws across TV, print and social media. But miners say the laws are about ‘same union power’.
- David Marin-Guzman
ACTU names companies in firing line over ‘same job, same pay’ laws
The ACTU wants the government’s same job, same pay laws to target corporate giants in construction, stevedore, mining and airline industries for ‘suppressing wages’.
- David Marin-Guzman
February 2023
Qube net profits double on demand for grain, steel and cars
Qube’s shares soared to their highest level in more than a year after the logistics group surprised investors with a doubling in interim net profit to $111 million.
- Jenny Wiggins
- Exclusive
- Ports
Port operator’s $500m bid to bring globe’s biggest ships to Melbourne
An unsolicited bid to expand automated container handling operations claims it will build a new terminal at “lowest cost”.
- Jenny Wiggins
Qube moves on bulk, general cargo biz Newcastle Stevedores
Logistics bigwig Qube Holdings Ltd is seeking to increase its footprint at the Port of Newcastle, via the acquisition of family-owned Newcastle Stevedores.
- Anthony Macdonald, Sarah Thompson and Kanika Sood