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