Developer’s second Kangaroo Point project enrages locals
In what could amount to a first for Brisbane, a developer is concurrently proposing two different unit projects in Kangaroo Point – and residents aren’t happy.
City Beat
The 4 ASX stocks to benefit from Biden bounce
Donald Trump’s prediction that markets would tank if Joe Biden won the US presidential election has been exposed as nonsense. Analysts have revealed four Aussie stocks likely to bounce.
Thousands left in lurch after marketing giant’s demise
The sudden closure of one of the nation’s big digital marketing agencies, based on the Gold Coast, has left thousands of small business owners scrambling to regain control of their websites and other assets.
Revealed: Irish club’s less fancy new home
Brisbane’s Irish Association used to occupy a heritage-listed building in the City, complete with fancy ballroom and arched ceilings. Its new digs are somewhat more modest.
Travel app kings aquire leading global agency
In a hint that the tourism industry is set to boom after coronavirus border closures lift, two Brisbane entrepreneurs behind a hit social networking app have purchased Australia and New Zealand’s biggest youth-focused online travel agency.
Cruel loophole denies Qld first home buyers $15k grant
Aspiring property owners buying new homes thought would qualify for the popular $15,000 First Home Buyers grant have been knocked back thanks to a mind-blowing technicality
Former PM on innovative Brisbane start-up’s long list of fans
An award-winning Brisbane entrepreneur has developed an innovative online tool that could pull the rug out from under high-priced consultants, and now has an impressive list of fans including a former prime minister of Australia.
Controversial Brisbane PR identity winds up his business
It’s the end of an era for one of Brisbane’s more controversial spin doctors, who has just tipped his solely-owned entity into liquidation.
Seems odd but mines going green
Australian miners are pivoting to greater automation and electrification with the ultimate aim of churning out no carbon dioxide.
Crash-prone double-decker CityCat languishes in dry dock
Launched to much fanfare, Brisbane’s next-generation double-decker CityCat is now languishing in dry dock due to a litany of problems, including two accidents.
Pubs face agonising trading choice
Hospitality operators across Brisbane and the rest of the state will be forced to make a choice next month certain to put a further squeeze on their business.
Entrepreneur’s ‘money saving’ consultancy firm goes bust
A firm set up by entrepreneur Scott Maclean that aimed to save the Queensland Government and other clients millions in fees has gone to the wall.
New gig for former Broncos boss
Former Brisbane Broncos boss Bruno Cullen is set to take on a new position. But he’s not the only one, with something akin to a game of corporate musical chairs about to play out in Queensland’s peak industry bodies. SEE WHO’S ON THE MOVE
The real story of where the money went at Spaghetti House
Financial reports on Spaghetti House reveal how owner Claire Parviz used a company loan to pay herself $868,000 and under the deal to stay trading creditors will be lucky to get back 3c for every dollar owed.
Popular Brisbane craft brewer closes doors after acquisition
An award-winning craft brewer on the Gold Coast is set to move in to the Brisbane market after acquiring a popular local brand that started as a backyard “gypsy’’ brewing venture. It will trade for the last time this Sunday.
Problems, delays plague $375m CBD project
A much-hyped Brisbane CBD unit project dubbed ‘Paradise in the Air’ by its developers and praised for its environmental credentials is said to be deeply troubled, with the build way behind schedule, technical problems surfacing and subbies sweating on their returns.
Taxpayers pick up $60,000 party tab
Taxpayers have forked out more than $60,000 so employees of a government-owned investment giant could party. Top executives also enjoyed a pay hike as profitability declined.
Rich Listers fight $2bn CBD project
Some of Brisbane’s wealthiest business identities have joined a growing chorus of opposition to plans for the $2bn development of Eagle Street Pier and Waterfront Place.
Huge Youfoodz losses: Warning signs as delivery giant goes public
It’s one of Australia’s leading meal delivery outfits and is poised to go public to raise about $60 million. But there are a few warning signs about Brisbane-based Youfoodz that might spook investors, as it suffers huge losses.
Legal battle for Brisbane bike firm
The competition watchdog has put a spoke in the wheel of a a 20-year-old Brisbane cycling wholesaler, launching legal action after issuing three warnings.
Brisbane Marketing cuts worse than first thought
Budget cuts and staff lay-offs gutted Brisbane’s premier body to spruik our “new world city’’ around the globe but the changes are worse than first believed.
Cruel twist in 10-year battle over leaky roof
More than a decade after she first discovered a badly leaking roof in her new home, a Queensland woman won a $500,246 judgment against the company responsible. She now wants that company liquidated. But here’s the catch.
Brisbane bank flogging $30k loans with no ongoing fees, paperwork
A new digital bank based in Brisbane is touting paper-free loans with no fuss and no catches on personal loans up to $30,000. But there have been some rumblings of discontent from inside the bunker.
Financial planner jailed for $1m fraud that funded new car, boat
For more than a decade a Queensland financial planner swindled money from clients’ super and savings accounts to fund expenses like school fees and a boat. He will now spend years behind bars.
‘Clueless senior execs, HR blowout’: Public Trustee in ruin
Too many generals, too few troops on the front line, too much interference from George Street: That’s the view of a former senior figure at the Public Trustee of Queensland.
Court challenge to Queensland power prices
A Brisbane lawyer has been on a roadtrip drumming up support for a class action against two Queensland state-owned power generators. So far 5000 businesses and consumers have signed up.
Blue-ribbon set talk turkey over scaly imports
Brookfield residents says they are being overrun by snakes and turkeys released in their leafy suburb.
Pandemic puts end to Gold Coast boating firm
A Gold Coast tourism boating business launched in 2004 has run aground. Coronavirus might have been the final straw, but there have been sign of trouble before now – including a skirmish with the ATO and fraud charges.
Report reveals fresh details of builder collapse
More details have emerged about the crash of a Queensland builder who went bust this month after 15 years in the game.
Boss sold home before company crash
The boss of a Gold Coast mobile phone business sold his waterfront property just two weeks before tipping the company into administration with nearly $3.3m in liabilities.
Multiple failures: Businessman’s dismal track record revealed
Just days after news he’d tipped his battery business into administration, more can be revealed about the dismal track record in renewable energy of this Sunshine Coast-based businessman.
Second company crash for renewables entrepreneur
A Queensland entrepreneur immersed in the renewable power game has suffered a second company collapse in as many years. His latest outfit fell over with estimated debts of $2.2m.
Yacht builder pays up to avoid wind-up
One of Queensland’s premier luxury yacht builders has narrowly avoided liquidation after settling a legal dispute at the last minute.
Rugby league identity tapped to lead Clubs Queensland
A rugby league identity has been chosen as the next CEO of a major body tasked with helping struggling Queensland clubs emerge from the shadow of COVID-19
$1b fund operators in court win over collapsed financier
Three seasoned Brisbane businessmen overseeing the orderly sell down of a property fund once valued at close to $1 billion have had a win in court, overcoming a nemesis that just this week had gone into administration.
Poachers empty major Brisbane law firm
There’s a good reason it’s eerily quiet in the Eagle Street offices of one of the world’s biggest law firms: All four of the partners have upped stumps and defected to the Brisbane bunker of a rival outfit.
Brisbane Racing Club unveils tower precinct for Eagle Farm
Brisbane Racing Club has big plans for an office tower precinct at its historic Eagle Farm racetrack. But with so much commercial space lying empty across nearby Ascot will it be needed?
Jeweller to cut staff in company restructure
Despite a solid start to the new financial year Michael Hill, which employs up to 700 people in Queensland, has revealed it is this week “restructuring” the business with staff numbers to be cut.
Veteran Queensland builder goes bust after 15 years
He built up a Queensland-wide construction business over the past 15 years and claimed to be a leader in the industry, but now it has all fallen in a heap.
Coast company facing wind-up action
A Gold Coast construction company is being sued by one of Australia’s biggest steelmakers and faces liquidation.
Boss turfed out after $20m IPO
The boss of a Queensland agricultural biotech outfit has been ousted just six months after the company raised $20m ahead of its float on the ASX.
‘False and misleading’: Brisbane tech firm ambushed
A Brisbane technology firm has come under fire from overseas researchers, who claim it used accounting sleight of hand to create the illusion of growth and camouflage problems. But the firm has hit back.
Brisbane entrepreneur’s ambitious $50m medical float
A start-up company launched by a Brisbane-born entrepreneur kicked off a $50m IPO on Friday to drive the growth of its ground-breaking medical technology.
Legal twist: New business to keep you out of court
You often hear of lawyers actively pushing for their clients to go to court but now a Brisbane legal eagle has launched a new nationwide business that helps parties avoid it at all costs. This is how it works.
Brisbane face mask material plant to create 100 jobs
A well-known Brisbane lawyer hopes to solve one of the thorniest problems confronting Australian manufacturers of much-needed face masks and could create a heap of jobs along the way.
Brisbane mining firm wins legal battle after 10-year struggle
A Brisbane-based resources company has scored an important court win, ending a 10-year struggle with three aggrieved former investors.
A $5.6 million splash out on prawns
The chair of Australia’s biggest prawn farmer has tipped another $5.6 million in to the firm, which has its main outpost in Queensland.
Insurance giant slammed for ‘hypocrisy’ over coal project
One of the world’s biggest insurance giants was pilloried this week for what critics claim is gross hypocrisy playing out in Queensland’s coal sector.
How Craig Gore is keeping busy ahead of his trial
As he gets set to face trial on allegations he ripped off $800,000 from self-managed super fund investors, disgraced former Rich Lister Craig Gore has been keeping busy with lots of business deals.
What’s stopping $700m project and 500 jobs
Just one final approval from the State Government is all that’s needed before a vital $700 million energy project in North Queensland can kick off construction in September
Original URL: https://www.couriermail.com.au/business/citybeat/page/20