On yer bike: CEOs grab tools for youth charity
A group of Queensland execs are getting their tool kits in order so that they can take on a bike-building challenge with youth organisation TRACTION.
Qld Business
ASX 200 to lift after Wall Street records; Santos in focus
Middle East buyers circling Santos: Bloomberg. Oil, gold prices jump. Nasdaq, S&P hit records in shortened, mixed US session ahead of its Independence Day break. US Fed Reserve minutes signal no hurry on rate cuts.
Nuclear ‘must be an energy option’: power boss
Nuclear power shouldn’t be ruled out as part of Australia’s energy mix, says Richard Wrightson, given it could be produced at about the same cost as wind.
Super funds deliver but inflation heightens rates warning
Global interest rates should fall but won’t return to pre-Covid levels because inflation would continue to be ‘sticky’, says AustralianSuper’s Mark Delaney.
Qantas warned over executive bonuses
Qantas shareholders have delivered a stern warning to the board as it mulls over the payment of massive executive bonuses including to former CEO Alan Joyce.
How to avoid a credit card debt spiral as Aussie budgets buckle
Wealth-sucking, high-interest debt on credit cards fell for 12 straight years until late 2023, and now households need help.
AMP super fund clocks up strong returns
AMP has delivered superannuation returns better than many of its more fancied market rivals and that’s in part thanks to its exposure to US stocks.
Queensland Country Bank batting up for Brisbane Heat
Queensland Country Bank is hoping for a big innings in the Big Bash league as the Brisbane Heat’s new principal partner for the next three years.
Anglo coal mine in Qld faces closure after fire
A major fire at Anglo American’s troubled Grosvenor coal mine in Queensland is expected to impact global supply, with warnings the operation could face permanent closure.
On yer bike: CEOs grab tools for youth charity
A group of Queensland execs are getting their tool kits in order so that they can take on a bike-building challenge with youth organisation TRACTION.
Queensland Country Bank batting up for Brisbane Heat
Queensland Country Bank is hoping for a big innings in the Big Bash league as the Brisbane Heat’s new principal partner for the next three years.
Young legal eagle builds $7m firm
Young gun Toowoomba lawyer Peta Gray has built a $7m law practice thanks to hard work and self belief. She is now on a mission to shake up legal services in the regions.
Port storm averted in Brisbane
Industrial action at the Port of Brisbane that threatened to impact the lucrative cruise business appears to have been averted for now after successful talks between unions and operators.
Dutton’s ‘big stick’ sets dangerous tone for business
From energy to supermarkets, Peter Dutton is proving instincts are built on more, not less, market intervention.
Bendigo’s board put costs at centre of CEO challenge
Incoming CEO Richard Fennell will need to quickly prove he isn’t just another product of the Bendigo culture that has had greater tolerance for costs than the bank’s investors.
CBA prepares to take on Wall Street’s biggest banks
The Australian bank has passed a staggering milestone. Can it continue to defy gravity?
Revealed: ‘Rough diamond’ cities that offer jobs and affordable housing
There are currently 25 Australian cities, including three state capitals, with a population of 50,000 or more and a median house price below $750,000. Three of those are in the Wide Bay. See the full list:
Hot property: Millions paid for essential service assets
A Melbourne investor snaps up his second service centre in South East Queensland this year and $34m worth of childcare centres sold. WELCOME TO HOT PROPERTY
Historic Brisbane site to reopen as hot new dining venue after 10-year wait
A former members-only polo club which has been vacant for a decade is set to reopen as one of Brisbane’s hottest dining and bar destinations following a multimillion-dollar revamp. SEE THE PICTURES
Japanese capsule operator to open 250-bed Brisbane CBD hostel
A capsule hostel operator has secured a prime Brisbane CBD property and has revealed plans to open a 250-bed facility.
The top ASX resources winners for June
These ASX-listed resources companies had a very decent June. All 50 of them.
Three ASX firms driving decarbonisation
Several ASX companies are focused on reducing CO2 emissions through their technologies and products. Here are just a few.
FMR refreshes itself into an exploration junior
Backdoor-listed onto the ASX, former software stock Applyflow has made way for Canadian copper explorer FMR Resources.
Surprise claim as AI to create 200k jobs
Thousands of Australian jobs in the AI sector could be created this decade, but major issues remain unanswered.
ASIC’s failure is it has become too big to regulate
The nation’s powerful corporate cop is doing too much, and most of it is small fry.
ASX gains on record highs on US markets
Elon Musk becomes $10bn richer overnight, as US gains filter through to the Australian market in trading on Wednesday.
$50m deal to save cash given OK
The consumer watchdog has granted interim approval for the multimillion-dollar deal to ensure the transport of cash across Australia.
Real estate loses ground on RBA minutes
Real estate investors have taken a backwards step on the sector Tuesday, as the Reserve Bank minutes show the cash rate could be hiked again.
‘Sad event’: Aussie airline is officially over
An Australian airline that only launched in January 2023 is officially dead and dusted, with creditors making a final decision on its future on Tuesday.
More Business
Booktopia in administration with urgent sale sought
Booktopia has collapsed into administration less than four years after listing on the ASX with an urgent assessment of the business now under way.
Relics of our dining past: Qld’s vanishing restaurants
Step back in time with us and revisit the famous, sometimes iconic and always memorable Queensland restaurants that have vanished over time.
Queensland Country Bank batting up for Brisbane Heat
Queensland Country Bank is hoping for a big innings in the Big Bash league as the Brisbane Heat’s new principal partner for the next three years.
Dutton’s ‘big stick’ sets dangerous tone for business
From energy to supermarkets, Peter Dutton is proving instincts are built on more, not less, market intervention.
Fast track for Squadron’s Kembla a potential gas solution
Andrew Forrest’s Squadron Energy says its LNG import terminal at Port Kembla could be fast tracked to plug looming gas shortages on the eastern seaboard.
Anglo coal mine in Qld faces closure after fire
A major fire at Anglo American’s troubled Grosvenor coal mine in Queensland is expected to impact global supply, with warnings the operation could face permanent closure.
Timeline of turbulence: Inside Bonza’s downfall
Australia’s “bogan airline” has failed to truly take off since it was launched in January 2023. This is the timeline of chaos.
Experts tip investment winners for year ahead
The standout performers of 2023-24 were celebrated, but a new financial year brings fresh hope for different types of assets.
‘Small and opportunistic’: Stanmore miners reallocated
Despite closing the Mavis Underground mine Stanmore have left the future of development at the complex open ended while potentially reallocating its workers to other projects. READ THE LATEST.
Bendigo’s board put costs at centre of CEO challenge
Incoming CEO Richard Fennell will need to quickly prove he isn’t just another product of the Bendigo culture that has had greater tolerance for costs than the bank’s investors.
Seal ‘temporary’, restart on the cards for burning mine
A jet engine has been deployed to kill a Bowen Basin mine fire, as the council, union, and Anglo insist the community isn’t at risk from the smoke.
Coal mine fire throws doubt on Anglo rescue plan
Miner Anglo American is fighting an underground fire at its beleaguered Grosvenor mine in central Queensland, in a fresh blow to the company’s safety and operational credentials.
CBA prepares to take on Wall Street’s biggest banks
The Australian bank has passed a staggering milestone. Can it continue to defy gravity?
MP warns workers need support as mine reopening ‘unlikely’
The future of one of the major Bowen Basin coal mines is now uncertain as a fire threatens to burn for at least a week. An MP is calling for immediate support for workers and contractors across the industry.
Revealed: Hot-ticket venues as countdown to Queen’s Wharf opening begins
Brisbane’s Queen’s Wharf development is expected to open to the public in weeks, with the first venues and attractions revealed.
Original URL: https://www.couriermail.com.au/business/qld-business