Power up: Meet Brisbane’s newest billionaire
Brisbane’s newest billionaire is a modest bloke who remains perfectly happy to keep driving the trouble-free all-electric Nissan Leaf that he bought 10 years ago.
City Beat
High-flying lawyer bankrupted as $300k withdrawal investigated
A Brisbane solicitor has gone bust after years of living the high life with flash cars and multiple luxury homes, with a liquidator revealing he has uncovered a number of questionable transactions.
Online energy comparison firm goes into liquidation
It claimed to have helped thousands of Aussies find a better energy deal but now this Brisbane-based company has collapsed.
Sudden departure of top QBCC member
An award-winning senior figure with the state’s embattled building industry regulator has quit suddenly.
Veteran Brisbane cafe owner accused of underpaying staff
More grief has flared up for a Brisbane family who spent about 40 years in the city’s hospitality game.
Property trio behind one of the Doomben Cup favourites
Three Brisbane property players reckon they have backed a winner in the Doomben Cup as part of a syndicate of owners behind one of the race favourites.
Controversial Kangaroo Pt site shopped around for $70m
Has one of Brisbane’s most contested development sites quietly hit the market amid protests over plans for the land? That’s what City Beat spies tell us. Here’s what its future could hold.
Elite CBD club sells landmark site for $32m
Members of one of Brisbane’s leading private clubs have cashed in their property, pocketing millions for their office tower.
Brisbane finance baron ‘loses’ more than $40m in a day
A Brisbane financial services baron has suffered an eye-watering paper loss of more than $40m as shares in his firm nosedived. Here’s why.
Sudden exit of music industry boss questioned
The unexpected departure of the head of Brisbane-based QMusic after just two years on the job has raised more than a few eyebrows.
Bike ride raises $650K for charity
A group of about 30 cyclists are in the midst of an epic 1000 km bike ride around southeast Queensland to raise money for charity.
Brothers buy island for $20m
A Sydney hotel group has snapped up an iconic Whitsundays island resort as Australian buyers eye more Queensland tourism gems.
Public Trustee staff allege ‘blatant attempt at intimidation’
Public Trustee staffers allege they’re facing a blatant attempt at intimidation while Workplace Health and Safety investigates claims of unbearable workloads and staff shortages.
High-profile school caught up in church crisis
A prestigious private school and nursing homes in four cities are caught up in the financial crisis at one of the state’s biggest churches.
Sounds right: From Kickstarter to $21m ASX play in four years
An innovative Brisbane headphone developer which relied on a Kickstarter campaign for its early funding is now valued at $21m and about to list on the ASX.
Why Brisbane vodka is the toast of the spirit world
A group of Brisbane entrepreneurs have won plaudits on the international stage for their new brand of vodka just months after its release, and now it’s being stocked in more than 100 bottle shops.
Brisbane business mourns loss of respected accountant
The business community has paid tribute to long-serving Hall Chadwick director Michael Cameron, who passed away aged 46.
Developer claims no link with controversial ‘wealth educator’
A controversial “wealth educator’’ claims to have the backing of a prominent Queensland developer but he says he’s never heard of her.
Obscure start-up attracts heavy hitters to corporate box
A new sponsor of the Queensland Reds is a still-obscure Brisbane start-up aiming to flog “neurotech’’ therapeutic clothing.
Copper explorer disappoints on ASX debut
With copper prices surging, you might have expected a Queensland-focused explorer to soar like a bottle rocket when it kicked off trading on the ASX.
How 26-year-old created booming removalist business
A young Brisbane entrepreneur sold his ute to buy a truck three years ago. His booming removalist business now has five trucks and 10 employees.
Surfwear retailer under fire for Playboy gear
Playboy seems almost like a quaint relic from a bygone age but a Brisbane retailer has copped criticism for wheeling out a new line featuring the classic brand.
Public Trustee exodus continues amid investigation
Nerves are on edge in the highest echelons of the deeply-troubled Public Trustee again with another senior figure leaving for good.
$12m six-bed fixer-upper in need of a mega-rich saviour
A mega-wealthy Brisbane property developer has coyly suggested he might dig deep to buy one of the city’s most historic homes, which has just come on the market after years of neglect.
Gina Rinehart’s ex son-in-law wants to be a ‘gold digger’
Gina Rinehart’s ex son-in-law Ryan Welker says he’s a coal guy these days but when he noticed mums and dads wandering around searching for gold he thought he will try his own luck.
Teething troubles worsen as infant medicine maker goes bust
It’s the end of the road for a well-known Queensland product used by generations of new parents hoping to soothe colic, teething and wind troubles distressing their babies.
How two mates built a $27m activewear sensation
Two young entrepreneurs have created a retail sensation with their online sales of activewear and supplements, and it all began at a small study desk at home in Brisbane.
Robotics firm’s collapse worse than first thought
The collapse of a Queensland start-up that manufactured robotics for the military is far worse than we first thought.
Brisbane rich lister loses another $18.8m
A wealthy Brisbane tech entrepreneur has suffered another big loss in one of his companies – this one to the tune of $18.8 million.
Cricket stars splash cash in new QLD start-up
This venture is chasing about $2m to get its cricket tech product to market, with stars like Chris Lynn already on the team.
Directors at war: Bid to wind up Coast tech start-up
Civil war has broken out inside a southeast Queensland start-up that claims to have developed world-first technology aimed at stopping water waste, with one of the three directors taking legal action seeking to wind it up.
Backlash grows over $30m Ballymore revamp
As work kicks off on the long-sought $30m Ballymore redevelopment, deep divisions are growing among members amid simmering anger at the way the process has been handled.
Veteran finance guru ‘sacked’ by his own banker
His financial planning advice has made him a household name, but that wasn’t enough to stop him getting the chop from one high-profile bank after 20 years.
Questions over Sunshine Coast security firm liquidation
The man behind a successful security firm says he is still operating despite having to put one company into liquidation.
$20m hydrogen power play for southeast
An Aussie firm that pioneered one of the world’s first hydrogen energy storage systems plans to establish a foothold just outside Brisbane.
Glitter Strip battle of the mega mansions turns nasty
The sound of an air raid siren blasting from a house at Sovereign Islands saw police called to the luxury enclave amid an ongoing court case about a $13 million mega mansion.
New spanner in the works for Adani megamine
Just when it seemed full steam ahead, the controversial Carmichael megamine is facing fresh environmental scrutiny.
Two directors, four company collapses, five-year bans
If four of your companies go belly-up, the corporate cop just might perk up and take notice, as this pair of directors has found.
Brisbane duo score $60m each in monster payday
The team at this Brisbane tech firm have reason to celebrate, with the two original founders set to pocket at least $60m each after a major international takeover.
Developer’s ‘planning team’ link sparks anger
Critics of a proposed three-tower unit block at Kangaroo Point are irate after learning the developer had input into the area’s growth plan.
New role for whistleblowing nurse
There’s been an ironic twist in the case of a career nurse in Brisbane who triggered a legal storm last year after she dared speak up about training flaws impacting student nurses.
Brisbane tech titan triples $2m investment in a week
Rich lister Bevan Slattery has proven once again that he’s got the Midas touch with a recent investment in a start up company proving very lucrative already.
Dirty little secret hits thousands of Qld unit owners
There’s a dirty little secret tucked away in the back of a 560-page report released last month about skyrocketing insurance premiums in northern Australia, with thousands of Queenslanders impacted.
Redundancy for public face of RACQ in restructure
A corporate restructuring under way inside RACQ has resulted in the imminent departure of the group’s chief spin doctor.
Uber for subbies to shake up Brisbane’s building industry
A new start-up, backed by a Qld building industry veteran, promises to shake up how construction workers get supplies.
AgForce in fightback against “anti-meat agenda”
Queensland’s peak farming lobby group will launch a fightback campaign next week in response to what it claims is an anti-meat agenda promoted by one of our leading supermarkets.
Top restaurateur’s new loos cause offence
A well know Brisbane restaurateur has courted controversy by adding design features to his new bathrooms which some critics have called “sexist” and “tone deaf”.
“Rainbow Rebel” ties knot
An openly gay politician and vocal advocate of marriage equality has just revealed plans to tie the knot with his partner
Former Queensland Crown prosecutor arrested
A former Crown prosecutor in Queensland and the father of three members of the successful Brisbane band Sheppard has been arrested over an allegedly fraudulent transfer of nearly $100m.
Mexican fast food chain goes bust
A Brisbane entrepreneur has finally tipped his fast-food company into liquidation this week after a dramatic year which included falling foul of food inspectors.
Original URL: https://www.couriermail.com.au/business/citybeat/page/17