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Brisbane debt collector goes bust

Brisbane debt collector goes bust

An embattled Brisbane-based debt chaser, once valued at $500m, has finally succumbed to years of substantial losses, falling earnings and other corporate headwinds.

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‘Very difficult market’: Qld power retailer collapses

‘Very difficult market’: Qld power retailer collapses

A Queensland electricity retailer has collapsed as surging energy prices create difficult market conditions for small players. But there is a chance the business can be revived.

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QBCC inaction: Five years, 3400 dodgy works, not a single fine

QBCC inaction: Five years, 3400 dodgy works, not a single fine

Queensland’s building watchdog has issued 3400 orders to repair defective work over the past five years but not a single tradie or company was held to account or made to pay a penalty.

Project Sea Dragon hopes to export 100,000 tonnes of Black Tiger prawns annually and employ 1500 people across the north.

New boss takes fresh look at $2bn prawn farm

Seafarms Group’s new chief executive will reassess the future of its $2bn flagship Project Sea Dragon in the Northern Territory which was ditched earlier this year.

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SYDNEY, AUSTRALIA - NEWSWIRE PHOTOS June 20 2022: A general view of people walking past the Australian Stock Exchange in Sydney ahead of the budget announcement. Picture NCA Newswire/ Gaye Gerard.

Shares slide but bounce back tipped for 2023

The ASX 200 tumbled again on Monday and CommSec’s chief economist expects it to fall up to 9 per cent this year. But he is tipping some good news for 2023.

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$171bn lost: ASX carnage continues

$171bn lost: ASX carnage continues

In a sixth straight day of losses, the ASX followed steep falls on world markets, as investor fears grow that interest rate hikes will end up triggering a global recession.

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ESCAPE: BC Bear story, Canada. June 10, John Barker. iStock

Aussie shares head towards bear market territory

Australian shares are off more than 14 per cent since their recent peak and some economists predict the ASX 200 could head as low as 6000 points and into a bear market.

SYDNEY, AUSTRALIA - MAY 03: Governor of the Reserve Bank of Australia Philip Lowe speaks during a press conference on May 3, 2022 in Sydney, Australia. The Reserve Bank of Australia has today lifted the official interest rate to 0.35 per cent following a meeting today. The rise is the first interest rate increase since November 2010. (Photo by Louie Douvis - Pool/Getty Images)

$128bn lost in two days: Share slide continues on ASX

The Australian share market continued its downward slide, losing $128bn in two days as experts warned central bankers had lost control of the ability to tame inflation.

$94bn plunge: Investors left exposed as ‘tide goes out’

$94bn plunge: Investors left exposed as ‘tide goes out’

The ASX 200 had its biggest one-day fall in two years with some stocks getting ‘absolutely smoked’ as fears grow about the prospect of a US recession.

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Deputy Premier Steven Miles addresses the media as he announced funding for infrastructure needed to unlock housing supply. Picture: Zak Simmonds

Queensland woos Japanese hydrogen investors

Queensland deputy premier Steven Miles is leading a trade mission in Japan this week to encourage investment in the state’s hydrogen sector.

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Original URL: https://www.couriermail.com.au/journalists/anthony-marx