Sigma shareholders wave through $34bn Chemist Warehouse deal
There’s no reason Chemist Warehouse’s strong growth won’t continue, the Sigma Healthcare chair says, as the $34bn merger of the two companies passes a crucial vote.
Victoria Business
Queens Wharf investors refunded millions after contracts cancelled
Investors in a luxury tower at Queens Wharf have been refunded millions of dollars in deposits, with interest, after the developer confirmed the project faces three-year delays.
The day Donald Trump took an Aussie billionaire to Tokyo
Australian retail supremo Solomon Lew had a first-hand view of how the now two-time US President tackled business deals and it offers plenty of lessons for leaders.
ASIC prepares to bet it all on casino legal fight
The regulator’s blockbuster action against the casino’s former directors is about to start. And the stakes couldn’t be higher.
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Why the fight against scams just got serious
All banks are now on the hook as the corporate regulator asks ‘how much is enough’ when it comes to protecting customers.
Inside new Westpac CEO’s plan to rebuild the bank
Taking the reins of Westpac on Monday, one of Anthony Miller’s first tasks will be to visit call centre staff – who are the eyes and ears of the banking giant and hear exactly how customers feel.
Unit owner’s shocking $210k loss over 10 years
Not everyone is making a killing on property says Scott Pape, noting some inner city suburbs are struggling with one seller having to cut $210k off the price they paid 10 years ago.
Business bothered by costs, timing
Petter Dutton’s ‘ambitious’ nuclear energy plans would seed confusion into the energy market and potentially deter new investment in the sector business groups say.
Beware the lessons of history on costings: Grattan Institute
Pretty much every major energy project in Australia has run way over budget in recent years, so treat long-term nuclear costings with caution, the Grattan Institute’s Tony Wood says.
Fleet Space raises $150m for minerals exploration ambitions
The company will pursue M&A and hire expert staff following a huge capital raise, as it seeks to revolutionise minerals exploration.
Execs named as ACCC goes after Downer and Ventia for price fixing
Four senior executives at Downer and Ventia have been named in legal action for allegedly colluding on defence contracts worth nearly $10bn during the pandemic.
Piper-Heidsieck pops cork on champagne renaissance
Its first brand ambassador was Marie Antoinette, the last Queen of France, and a new sponsorship deal with the Australian Open tennis will lift champagne brand Piper-Heidsieck’s visibility.
Winemakers sitting on a 200 million litre glut
Australian wineries have an estimated 200 million litre glut of wine in their inventory despite slowing production in the aftermath of a three-year trade stand-off with China.
Iron ore mining resumes at Whyalla, blast furnace still out
Mining has resumed at GFG Alliance’s iron ore mines near Whyalla, while rail haulage for both iron ore and steel products remains offline, along with the blast furnace.
Original URL: https://www.dailytelegraph.com.au/business/victoria-business/page/10