Jewellery icon closes after half a century
It was one of the original tenants at this northside Brisbane shopping centre when it opened in 1967, but weeks after a ram raid this business icon is shutting its doors at the centre.
City Beat
Coffee Club franchisee’s $1m claim hits court
A disgruntled former Coffee Club franchisee is seeking over $1 million in damages from the chain, claiming he was the victim of misleading and deceptive conduct.
Court probe flagged into $15m builder collapse
One of the biggest Queensland building industry collapses in recent years could be the subject of a court probe to uncover the reasons for the firm’s failure.
No penalties for college despite breaches
Despite liquidators alleging a raft of a wrongdoing by the directors of a now-defunct southeast Queensland vocational college, ASIC has made clear it will be taking no action in the matter.
New details emerge as X Cargo bar owners cop wind-up bid
Fresh evidence has surfaced about the financial squeeze facing the Brisbane bar and entertainment hotspot that, despite making a big splash since opening in mid-2018, has been hit with a wind-up bid in Brisbane Supreme Court.
Popular X Cargo bar owners hit with wind-up bid
A Brisbane hospitality couple and their DJ business partner have been hit with a wind-up bid on their inner-city Brisbane bar X Cargo.
The winners and losers of 2019
A look back at the winners and losers in business across Queensland this year, from the bloke who earned $166 million to the folks who can’t wait to forget 2019
Eagle Street traders hit out at $2b development
Operators of some of Brisbane’s finest restaurants and bars are considering their options in the face of a proposed $2.1b revamp of Eagle Street Pier. But for some, it’s just a case of deja vu.
Device that can sniff out meth at 100m
A Brisbane company whose investors include a well-known former publican have worldwide patents for a device that will have a natural appeal to landlords.
Sammy not the only loss to radio this week
Two of Brisbane’s former breakfast radio presenters died this week. One received saturation coverage, while the other flew under the radar.
Wagners win $40m rail contract
John Wagner and his Wagners construction materials group have just got a nice little stocking stuffer in the lead up to Christmas
Flight Centre gets on call doctors
A Brisbane company which provides 24/7 access to doctors online has just inked what could be its biggest deal to date
Billionaire triples stake in miner
A Queensland mining titan has more than tripled his stake in Perth-based Venus Metals to become one of the company’s biggest shareholders
Doughnut Time founder’s debt payment to cousin ‘a joke’
They grew up in Queensland together, but the cousin of Doughnut Time founder Damian Griffiths hasn’t been given any special treatment over $550,000 owed to him since the collapse of the business empire, saying the final cheque is “hardly even worth banking”.
Biotech firm’s ASX launch turns into a fizzer
Staff of a Queensland biotech firm jetted down to Melbourne and prepared to celebrate with their bankers yesterday as they began trading on the Australian stock market but, unfortunately for them, the debut was a bit of a fizzer.
Foreign tax surcharge opens window for local investors
The State Government’s foreign tax surcharge has allowed local investors to swoop on CBD office towers while offshore investment has slowed.
‘I give so little f**ks’: Failed Little Tokyo Two shock
An entrepreneur behind the failed Brisbane startup Little Tokyo Two, which collapsed this year owing $1.8m, has revealed why he gives ‘so little f**ks’. It comes as the liquidator said creditors were unlikely to get anything from the company wreckage.
Public Trustee project blows out to $65m
The acting boss of the troubled Public Trustee of Queensland will stay in the role for longer than expected. But a far-reaching project to change Public Trustee systems has reportedly blown out to $65m.
Brisbane foodie strip loses sophisticated venue
Brisbane’s hyper-competitive hospitality industry has just suffered another high-profile casualty, with a venue on a popular foodie street closing for good after little more than a year of operation.
Shock exit for rising startup star
The sudden and unexplained resignation of a rising start-up boss in Brisbane has stunned the city’s tech sector
Macarthur returns to Australia
After spending years listed on the Toronto stock exchange, a company founded by the late mining magnate Ken Talbot has returned home
Brisbane tech titan raising $62 million
One of the Sunshine State’s wealthiest tech entrepreneurs hopes to raise $62 million to drive the global expansion of his cloud services outfit.
Legacy left in tatters as financial group goes bust
A southeast Queensland businessman talked up his now-failed financial advisory group to the point that he actually boasted of having “a vision to create a 1000 year legacy’’
Credit union boss charged over false information
A Brisbane businessman has been charged with providing false information and dishonestly using his position as the boss of a community credit union.
Medical marijuana for veterans
A new initiative by a medical marijuana firm in Brisbane aims to provide relief for returned soldiers suffering physical and mental ailments from their time in uniform
Airline boss says ‘not a lot to see’ in Nauru
You might think the head of a nation’s airline would be talking up all the wonderful things to do there but in the case of this Brisbane-based boss, you would be wrong.
New thorn in side for CTM boss
A high-flying Brisbane travel firm faces a fresh threat from a Sydney hedge fund manager.
Tennis boss talks up Australian Open, gets earful about Kyrgios
Tennis Australia boss Craig Tiley was in Brisbane talking up the Australian Open, but on the flight up he got an earful about one of the game’s most controversial players.
Recruiter fails with many in limbo
Google, NAB, Goldman Sachs, Otis and the federal government are among the clients of a recruitment firm which collapsed this week, with many wondering if it can be resuscitated.
From eyesore to coffee mecca
An abandoned retail project with prominent frontage along the MI Pacific Highway between Brisbane and the Gold Coast has now been transformed into a mecca for coffee lovers
‘Queensland wouldn’t be same without him’
Business leaders and politicians past and present have gathered in Brisbane to farewell to a giant of the mining industry, with a former Queensland treasurer singling out one particular achievement.
How The Fort got last-minute exemption
The Valley’s hottest new venue would have taken almost four hours to process its 3000 opening night guests if it had not received a last-minute exemption to ID scanning laws.
Brisbane builder bucking spate of construction collapses
There is a lot of negative news in the building trade these days, but one man says the future is looking bright, if you follow this simple advice. And he should know; his company has just secured a major $31.5 million contract doing just that.
Legal battle over $3.5b southeast solar farm
INVESTORS in a $3.5 billion solar farm north-west of Brisbane have taken the director in the project to the Federal Court.
First ‘carbon neutral’ steak launches
Cows have long been blamed for contributing to global warming. Now Australia’s first ‘carbon neutral’ beef has launched at a swish Southbank steakhouse.
Kitchen maker goes under
A Brisbane-based cabinet maker with customers across southeast Queensland has gone into administration owning creditors about $250,000
Reasons why Brisbane RV company collapsed
A new report reveals the reasons why a Queensland caravan company went bust and why creditors, owed $6 million, will be left out of pocket.
Former Dow boss in options win
A financially-squeezed Brisbane firm is poised to hand its high-profile board members 15 million options, worth up to $4.9 million, in an effort to conserve cash.
Corporate raider’s sexy new venture
A Brisbane businessman who once operated a $1.8 billion conglomerate that had interests in property, manufacturing, mining and financial services has turned his hand to a very different kind of business venture.
‘Gross mismanagement’: Claims mount against state agency
A former client claims her family was a victim of ‘gross mismanagement’. A former employee said the staff situation was so toxic she walked out after more than 30 years without a farewell. The Public Trustee of Queensland’s woes continue to strike a nerve with many who have crossed its path.
Staff share broken culture of government agency
Scathing feedback about a top Queensland government agency’s alleged financial mismanagement and poisonous office environment suggests an inquiry is needed.
Whistleblower slams Public Trustee’s office
A whistleblower has alleged financial dramas and a toxic workplace environment have undermined a peak Queensland government agency.
Subcontractor behind $650m project’s epic blowout
A subcontractor screwed up calculations that led to a staggering $47 million cost blowout and delayed one of Brisbane’s biggest construction projects by months, and now the city council and main contractor have responded to requests to identify the culprit.
Silver Chef to be gobbled up
A private equity group is poised to gobble up an embattled Brisbane firm launched 33 years ago to lease kitchen and catering equipment to hospitality operators.
RED FLAGS: Inside demise of $1b miner
The demise of Brisbane-based copper miner CuDeco – once valued at $1 billion – has come as no surprise to anyone who has followed the company’s travails. Here’s how it unravelled.
Public Trustee exodus after Carne’s shock suspension
There’s an exodus at the Public Trustee office following the shock suspension of long-serving boss Peter Carne on ‘serious allegations of corrupt conduct’. More bureaucrats are headed for the exit.
It’s the end of an era at Brekkie Creek Hotel
There’s been a changing of the guard at one of Brisbane’s most iconic watering holes.
Morgans veteran poised to exit
A long-time player with Brisbane brokerage house Morgans is about to depart after spending more than 25 years at the firm
Former premier advised wind-up target
A former Queensland premier has been acting as an adviser to a mining company which is facing a wind-up up bid over an alleged $200,000 debt.
Borbidge advised wind-up target
A former Queensland premier is advising a mining company which faces a wind-up bid at the hands of its own legal team
Original URL: https://www.couriermail.com.au/business/citybeat/page/24