May
IAG gets regulator tick to buy automobile club insurer in Queensland
The ACCC said Suncorp, Allianz, QBE, Youi, Auto & General and Hollard would compete with IAG after it buys RACQ.
March
Lingering Alfred slows efforts to return power to hundreds of thousands
Almost 350,000 properties are without power as storms disrupt recovery efforts; Brisbane and Gold Coast airports will resume flights on Sunday. How the day unfolded.
The agony of Cyclone Alfred: Residents await storm’s fury
Queenslanders face a tense wait as the first tropical cyclone in decades heads for the state’s south-east.
Gold Coast breaks another wave height record
Big waves are pounding the Gold Coast; flights suspended in northern NSW and Queensland. How the day unfolded.
Trump draws applause from Democrats after Ukraine comment
Donald Trump details his letter from Volodymyr Zelensky in the longest-ever speech at a joint session of Congress. How the day unfolded.
November 2024
Hello sunshine! IAG can’t resist pull up north
Strategically, the RACQ Insurance acquisition is a sound deal. Its success (or otherwise) comes down to price.
IAG in big Queensland push with $855m RACQ insurance deal
The major insurer already owns NRMA and CGU, and has a joint venture with RACV. This deal gives it access to RACQ’s 1.7 million members.
October 2024
Brisbane’s nation-leading construction inflation an Olympic hurdle
Cost escalation has come off its extreme highs of two years ago. But Queensland leads the national league table and that’s a problem for the new government.
Back to the ’70s: Why we’re fighting about abortion rights again
Veteran activists are shocked by the noisy resurfacing of the political minority that views abortion as a crime.
September 2024
Queensland government set to hand Star Entertainment a tax lifeline
Street Talk understands the state government has agreed to morph Star’s looming tax bill into a Treasury loan.
July 2024
Azure, Natixis shop Brookfield-owned X-Elio’s Blue Grass solar project
Street Talk understands the Spanish renewable developer, a 100 per cent Brookfield-owned company, is seeking to part with its interest in the 200 megawatt-peak solar farm and battery project.
May 2024
Why pouring your own water might save your favourite restaurant
Amid a stream of high-profile restaurant closures, leading industry figures have been forced to adopt minor service changes to control price increases.
Miles gives in to councils with $350m bid to fast-track housing
The Queensland premier will unveil a new fund to fast-track housing development in urban areas across the state, incentivising developers to transform industrial zones and low-density suburbs.
RACQ back on block, again, as Bank of America fires up sale
BoA’s crack financial institutions team Mike Evans and Pete Nicholls are understood to be leading the effort.
January 2024
Locals ‘traumatised’ as more heavy rain hits Queensland
Queensland’s south-east has again been saturated by heavy rainfall, causing flash flooding in areas still reeling from severe weather last month.
Clean-up from Kirrily begins following ‘tense’ evening
No lives have been lost in the cyclone and 65,000 homes and businesses across the region remain without power.
Cyclone Kirrily brings rain, winds after crossing coast
Tropical Cyclone Kirrily is expected to “rapidly decay” after crossing the Queensland coast as one of the most powerful systems seen in the north.
October 2023
New Bendigo chairman not giving up on Queensland dream
David Foster, a former boss of Suncorp Bank, has taken the chairman’s seat at Bendigo and Adelaide Bank, and remains keen to grow in regional Queensland.
Venture capitalists Queensland-bound after govt investment fund rammed
Funds could also apply for up to $500,000 in operating expenses to establish themselves in God’s Country (aka Queensland).
August 2023
Brisbane players team up for $2b Toowong project
More than $1 billion could be invested into developing an amalgamated site in Brisbane’s inner west, resulting a mixed use project with an end value close to twice that.