250 jobs lost, 51 stores shut as brand folds
The retail chain suddenly collapsed and now liquidators have revealed what’s next for the embattled chain.
Companies
Why this CEO is bracing for Alfred’s aftermath
Cleanaway will have its work cut out in coming days and after being caught out in the last floods, this boss is not taking any chances.
Huge holes in tech anti-terrorism checks
Radical and abhorrent content on the all-powerful social media platforms is slipping through a series of gaps, a new Australian report finds.
ASX 200 slumps; Star close to Queen’s Wharf deal
Casino operator’s deal with Hong Kong partners to help avoid administration. Ex-dividend trading, oil price slide weigh on bourse. Insurers face $2bn-plus hit from Cyclone Alfred. APRA moves to tighten financial board rules.
More Stories
Virgin finally announces new CEO
Aussie airline’s new chief executive has emerged after a frontrunner was knocked out after union and government pressures.
Airports, airlines on Alfred alert
Airlines are offering customers free flight changes in and out of airports in the path of Cyclone Alfred.
‘Broken up’: Wild price gouging penalty
Aussie grocery giants face being broken up or paying hefty fines for price gouging under a wild election proposal from one party.
Wilson builds his own ‘hybrid-like’ fund with $510m IPO
The veteran stockbroker has an income solution for the looming end of Australia’s multi-billion hybrid securities market.
Boss appears to vanish after $5.7m collapse
The boss of a collapsed building company appears to have vanished despite vowing to sell his properties to pay people back.
TV’s ‘Outback Wrangler’ launches lawsuit
TV’s Outback Wrangler, Matt Wright, has launched his own legal action in the face of several lawsuits over the helicopter crash that killed mate and co-star Chris Wilson.
ASX falls 0.6pc on tariff uncertainty
US tariffs, inflation uncertainty clouds outlook, RBA minutes show. HMC down on Healthscope non-payments. Aurizon details hit from OneSteel, Centrex administrations. Star’s liquidity crisis continues.
Star fiasco worsens, 9000 jobs on the line
There’s been another grim update in the saga of embattled gaming giant Star Entertainment, and it means 9000 jobs are moving closer to the edge.
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