Mount Isa copper jobs hanging by a thread
Glencore has warned local communities that its Mount Isa copper smelter and Townsville copper refinery are hanging by a thread and unlikely to survive without government support.
Qld Business
Investors fear ‘dark time ahead for global economy’
The escalation in the global trade war has amplified the risks for the world economy and markets.
Has Trump just driven up the cost of iPhones?
Apple could be one of the biggest losers in Donald Trump’s global trade war – and Australians risk more pain to the hip pocket, potentially paying more for iPhones. Here’s why.
Hotel giant splashes $220m in SEQ pub raid
A Sydney hotel group has spent more than $220m buying 10 SEQ pubs including its latest $80m acquisition of an award-winning Sunshine Coast portfolio.
Chicken stocks turn trade war roadkill as beef prices romp home
Kitchen appliances maker Breville slumped more than 10 per cent, while the beef tariff could trigger a price war that will advantage burger menus and hurt fried chicken operators like KFC.
Not `settling’: Bathroom standoff leads to men’s shower product
An entrepreneur has bucked the perception that men will settle for anything cheap and convenient in the shower and developed a quality three-in-one grooming product that’s in big demand.
Emirates’ $5bn makeover with first-class suites, business mini bars
Emirates has unveiled its refurbished 777s that will now have first-class suites, personal mini bars in business and better seats in economy on select routes | WATCH THE VIDEO
ANZ cops $250m capital hit from APRA, publishes culture review
ANZ’s culture review has largely cleared the bank over issues in its markets business, warning they were isolated, but found many staff felt like the bank failed to police poor behaviour.
WiseTech’s interim chief scores salary boost to $1.7m, flags staying on
Temporary CEO Andrew Cartledge now earns a base salary that’s $200,000 more per year than Richard White did in the top role at WiseTech, as a search for a replacement drags on.
Fan Land promises to be magic
As Star Entertainment fights for survival Queen’s Wharf Brisbane will party on during the NRL’s Magic Round weekend with the city’s biggest outdoor sports screen.
Earn 5000 frequent flyer points just by paying your bills
A Brisbane-based bill paying app has just announced a new frequent flyer partnership where users will score 5000 points just by making three bill payments.
Young richlister heads up telco after $50m deal
Serial entrepreneur and richlister Jordan Grives is back in the telecommunications game after being part of a consortium that bought telco SkyMesh from its London parent company.
Digital Sherlock Holmes wins gong for Ai crime fighting
Former top cop and Sherlock Holmes fan Craig Doran has picked up a big gong in the US for his efforts in using artificial intelligence (Ai) to fight crime.
There are two roads ahead for Star, both lead to dead ends
NSW pulled the pin on Star’s much-needed financing deal leaving Star boss Steve McCann with limited options. This is what comes next.
Inside story: The Qld green energy factory that’ll help wean us off coal
A Queensland company has taken another step towards helping to wean us off coal-powered electricity after securing a factory to produce ‘fuel’ for green vanadium-flow batteries.
Where’s my RBA rate cut? Blame Trump’s tariffs
Australia’s central bank is trying to war game how tariffs will impact inflation and global growth. The real answer is it doesn’t know.
Vinnies QLD set to start affordable home project on Coast
A leading charity has appointed a builder to construct its housing project which it says will usher in a new era of social and affordable housing. SEE THE FLY THROUGH
World-class $1bn inner-Brisbane hub in major community update
A world-class commercial, residential, hotel and retail precinct planned for a prime inner-Brisbane location has taken another step forward, in a move that will target the local community.
Builders line up for Olympic spending race
Local, national and international construction companies will be in the race to deliver multibillion-dollar venues and infrastructure for the 2032 Olympic Games.
Top tier law firm locks in prime spot in $800m Brisbane office tower
A major law firm has secured a 10-year lease in an $800m premium office tower in the Brisbane CBD before it’s even been completed.
ASX tumbles as China, EU vow tariff retaliation
Trump’s tariffs slam markets, wipe billions off ASX, gold rises, and China, EU prepare retaliation.
Race activates first Phase I trial site for RC220
Race Oncology has enabled patient enrolments at its first Aussie site for the Phase I trial of its cardioprotective anticancer drug candidate RC220.
Galan rejects offers for Argentine assets
The rejection by Galan Lithium of a US$150 million bid for its Argentine assets has pleased investors with shares up as much as 52.4%.
‘Hogwarts without magic’: Barefoot son’s brutal Jim rating
He’s only a kid but Barefoot Investor Scott Pape’s son had some choice words for Treasurer Jim Chalmers about the gaping holes in his budget.
This is why we should never surrender cash
Barefoot’s week-long cash-only experiment turned into a battle with fast-food workers, bureaucrats, and the Royal Australian Mint – revealing just how fragile our financial freedoms really are.
Don’t worry, the ASX’s ‘Trump slump’ won’t last
Barefoot has two tips for getting through the sharemarket downturn: don’t check your share prices and whatever you do, don’t listen to forecasters.
‘Our home insurance has tripled’: here’s how to cut your bill
Over a third of insurers increased prices by more than 15 per cent last year. Here’s Barefoot Investor’s step-by-step guide to get a better deal.
Stocks crash, but rate hope on Trump tariffs
The sharemarket has been smashed after US President Donald Trump announced a 10 per cent tariff on Aussie imports, but there is a silver lining,
Surprising loser in Trump tariff plan
Donald Trump has announced tariffs on Australian beef, with the American people now likely to pay more for one beloved item.
ASX jumps ahead of Trump tariffs
Property shares have lifted the ASX 200 higher as markets wait for the impacts of US President Donald Trump’s trade tariffs.
Scam that fooled two million Australians
The number of Australians falling for scams is on the rise, and one particular ruse is top of the list when it comes to catching people out.
‘Last resort’: Doctors walk off the job
Hundreds of surgeries will be thrown into chaos after a powerful doctors’ union revealed its “last resort” in an escalating pay dispute.
Grim update on casino’s bailout bid
A major retail group has withdrawn its lifeline for the troubled gaming giant Star Entertainment.
More Business
Tale of two Queenslands: Booming one place, struggling the next
Easter is shaping as a feast or famine for the Sunshine State’s battered tourism industry, depending which region you look at.
‘Cash is not king’: Bank boss reveals future of money and why branches must close
While a small section of the community clings to cash, the rest of us have moved on and banks need to adapt to this changing behaviour.
Star facing collapse after last-gasp $750m lifeline gets cut
A major Hong Kong retail group has withdrawn its $750 million lifeline for troubled gaming giant Star Entertainment, leaving the casino giant at risk of collapse.
Apartments for sale at twice original price after contracts binned
Unfinished apartments in a development deserted almost a year ago after their builder went bust are back on the market after receivers sold the project for a surprising price. Read the details
InfraBuild debt default a ‘real possibility’, Fitch says
Sanjeev Gupta’s InfraBuild could default on $880m in debt imminently according to ratings agency Fitch, while cheap steel imports will put further pressure on profitability.
Want to join the gold rush? Read this first
A golden run for the popular precious metal has sent it soaring to record highs, and investors seeking a slice have several options.
XXXX Brewery workers walk off the job
XXXX workers have gone on strike over alleged cuts to key entitlements amid a cost-of-living crisis.
Capitalism has ‘failed too many’: Larry Fink
The BlackRock boss has put forward a defence for globalisation as he argues markets hold the key to creating more evenly distributed wealth.
China-linked investor finally sells out of Northern Minerals
A China-linked Northern Minerals investor, which for months ignored federal government demands to sell its shares in the rare earths hopeful, has finally sold up.
Fashion label planning boujee boutique bar
It made more than $130m selling kaftans for up to $3000 a pop last year, now this fashion label has unusual plans for the Gold Coast. Read more
Richard White shown how it’s done in the boardroom
A new Qantas chairman is quietly rebuilding a board dogged by scandal. The tech billionaire should take notice.
Should you buy into boring stocks right now?
Telstra, Woolworths, Coles and Origin Energy are among the companies that may be worth a closer look as share markets struggle.
This rare market signal warns of crashes – it’s flashing now
This rare market signal that’s appeared before six of the biggest stock market crashes in history is back and it’s sounding the alarm, writes ASX Trader.
‘Deeply concerning’: Shock reality behind Qld’s tourism bounceback
There are fears Queensland’s record-breaking tourism run is about to come to a shuddering halt. Find out why.
Star Entertainment on cusp of its make or break moment
It’s crunch time for Star Entertainment chief executive Steve McCann as a deadline to finalise a $900m refinancing package fast approaches.
Original URL: https://www.couriermail.com.au/business/qld-business