‘Herculean’ CSL drug trial falls flat
The biggest drug trial in CSL’s history, which sought to find a treatment for recurrent cardiac events, has failed to deliver the desired result.
Victoria Business
SkyCity faces new claims of money laundering breaches
Casino operator SkyCity is facing another multi-million dollar court battle – this time over allegations of money laundering breaches at its New Zealand venues.
Interest cost bite with CEOs facing their own ‘mortgage cliff’
Big business is right in the middle of an almighty financing storm, with borrowing costs now the new inflation front.
Seven superannuation strategies to save you thousands
Don’t be put off by the constantly-changing super rules. Smart moves can make nest eggs grow quickly and save plenty of tax.
Ready for it! Retailers cash in on Taylor Swift tour
The $US1bn-plus Taylor Swift tour touches down in Australia this week and local retailers are sharing in the spoils.
Not so fast! Hidden cost of cheap fashion
Chinese brand Shein has put fast fashion into hyperspeed, adding 6000 new styles every day, but Scott Pape warns that $7 jeans have a hidden cost.
Return of the Polly Waffle, but not as you know it
A date has been set for the long-awaited return of Aussie chocolate favourite the Polly Waffle, but with a major change that’s likely to divide opinion.
‘Falling knives’ can cut both ways
Buying beaten-down shares can bring great joy or great pain. But it’s not all about a slice of luck. Tim Boreham explains how to stem any bleeding before it starts.
PwC gave $50,000 to ALP amid tax furore
PwC made one of its largest ever donations to political parties in the same year its integrity crisis was exposed, including a $50,000 donation to Labor.
Share dividends: what impact will interest rate cuts have?
Miners and banks will dominate dividends this reporting season, and it will take time to see and measure the effects of Reserve Bank rate cuts.
News Corp in ‘advanced talks’ with AI companies
News Corp chief Robert Thomson says ‘courtship is preferable to courtrooms’ as the media titan enters talks to become a core content provider to AI companies.
Power shock: AGL finally gets on with it
Things are finally going right for the old-world electricity generator as it prepares to bet everything on turning green.
Why this toll road boss faces a reputational crash
From Rozelle Interchange to price hikes, there’s a backlash brewing for new Transurban chief executive Michelle Jablko.
The beast that’s Transurban
Love it or hate it, Transurban keeps Australia’s three largest cities moving, while its tidy business model continues to deliver for investors.
ATO takes to the courts to rein in $50bn tax debt
Court-ordered liquidations are soaring as the ATO reins in ballooning tax debts, according to a new report that ranks Australia’s busiest liquidators.
NAB now navigates risks of rock star CEO’s final act
Can NAB keep its momentum coming out of the royal commission following the exit of hardened bank boss Ross McEwan?
Bullock is in full command
Five months into the job and Michele Bullock is proving to be a formidable RBA governor who’s in complete control.
Pub king buys Perrin’s rural retreat
Pub king Bruce Dixon, who has just sold the majority of his empire for $1.4bn, has purchased the Victorian retreat of former model and Elucell director Rachel Perrin for around $14m.
Why Bullock is keeping the door open to hiking
The plain-speaking central banker refuses to sugar coat the message as she shows who is really running the economy.
Why the lady ain’t turning
Wage increases for wharfies and construction workers have left the RBA feeling cautious about its next move as the threat of inflation lingers.
Holding steady: RBA boss can’t rule out rate hike or cut
The Reserve Bank decision to keep the cash rate on hold at 4.35pc offers clues about what needs to happen in order for homeowners to see repayments fall.
Treasury really to blame for broken tax cut promise
So now we get the truth, Treasury really was off on a frolic all of its own, in coming up with the Chalmers and Albo’s plan to break the Stage 3 tax cut promise.
Appen’s tech wreck shows cost of rock star CEO
In a sorry tale for Aussie tech, the player in the AI space simply misread where its Silicon Valley customers were heading. And shareholders have paid dearly.
WA gold miners in $2.2bn tie-up
WA gold miners Silver Lake Resources and Red 5 have agreed to a $2.2bn merger as a wider consolidation of mid-tier producers heats up.
Barefoot Investor and his deepfake video nightmare
For all the hype around AI, Scott Pape says the big winners are scammers who have weaponised deepfake videos on people like him to con victims out of their life savings.
Canberra mulls licensing six for offshore wind power
Federal Energy Minister Chris Bowen is considering giving six developers a licence to generate electricity from wind-powered turbines off the Victorian coast.
Inside the final days of Roger David
It’s been five years since the menswear brand that once dressed Don Bradman collapsed. Go inside the frantic efforts to find a rescue buyer for Roger David and how a customer database of more than 600,000 emails ended up in foreign hands.
Craft brewer calls in administrators
The ‘perfect storm’ of sinking demand and rising costs has forced a Sydney craft brewery into voluntary administration.
Insolvency storm looms as rate pain sets in
The insolvency storm surrounding retail and hospitality is expected to intensify in 2024 as the full impact of interest rate rises flushes through the economy.
Stinker to glory: Lessons from sharemarket’s stellar comeback
After putting in a stinker for most of the year, financial markets staged a dramatic comeback in the last two months. It’s a good lesson for investors.
Matt Kay maps out return to ASX with geothermal play
Former Beach Energy managing director Matt Kay plans to return to the ASX next month as the head of a geothermal energy company.
Secret to success for Australia’s family-owned empires
The business world can be a tough place for family owned-companies – but these Aussie empires have proudly stood the test of time for multiple generations. Here are their secrets to success.
Gaming elite back themselves to save Mighty Kingdom
A high-powered group of gaming experts has agreed to join and help fund gaming company Mighty Kingdom, setting up a showdown with activist major shareholder Shane Yeend.
Yakult hit by cyber attack
Yakult Australia has been hit with a cyber attack with little-known ransomware outfit Dragonforce claiming responsibility.
Big Screen Video fires up US ambitions
Digital screen supplier Big Screen Video has won a contract with US casino giant Penn Entertainment after setting up shop in Las Vegas as part of an American expansion drive.
Building industry is only going to get worse
Australia’s $360bn building sector is preparing itself for a horror 2024 as insolvencies spike on the lagging impact of contracts signed during the Covid-19 pandemic.
Mining promoter claims he’s now sitting on trillions
David Catsoulis says his company, Warwick Gold, has trillions of dollars worth of resources on its tenements in Queensland. The problem is, he can’t legally mine or even explore on the land.
Boart Longyear, once our second-largest IPO, to disappear from ASX
The drilling services company will be taken private under a takeover arrangement at a fraction of the valuation it listed for on the ASX more than 16 years ago.
Mighty Kingdom raising money ahead of key investor vote
The video game developer is raising money at a sharp discount ahead of a bid to spill the board next month.
Plan now to reduce future Christmas financial stress
What you do with your super and investments in your last five to 10 years before retirement could help you to make enough to pay for Christmas every year.
Melbourne mum turned millionaire entrepreneur
Run from a spare room, two friends have cashed in on the beauty industry, turning over $3m in three years with their DIY nail kits.
Prospero Markets, which has links to AFP raids, cops suspension
Prospero Markets, which has links to companies recently raided by the AFP in relation to a $229m money laundering claim, has had its financial services licence suspended.
Core Lithium plunges on strategic review as more M&A tipped
Core Lithium shares have dropped sharply after it announced a strategic review, while Macquarie tips ongoing merger and acquisition action.
Two stocks in the image of Pro Medicus
When it comes to medical storage in the cloud, Pro Medicus reigns. But its shares don’t come cheap. Never fear, there are alternatives, says Tim Boreham.
Too hard to ignore: The three big themes flying into 2024
We were taken on a wild ride over the past year but it offered plenty of valuable lessons for business.
eSafety Commissioner sues X over child exploitation failures
The eSafety Commissioner is suing X after it failed to show how it tackles child sexual exploitation material on the platform, then refused to pay a fine for that failure.
Wisetech’s White backs Rolling Stone owner’s buyout
Former musician turned tech billionaire Richard White has backed Vinyl Group’s buyout of Rolling Stone owner The Brag Media to the tune of $11m.
Jail for super swindler that wiped out victims’ life savings
A Melbourne property developer who swindled $520,000 from vulnerable victims including a teacher, a pharmacist and a shearer has been jailed.
Why the ACCC wants to shift the power balance in mergers
New proposals could change the way businesses approach deal making in Australia, says competition boss Gina Cass-Gottlieb.
Secret state payout deal for collapsed developer Grocon
Grocon has secured a confidential settlement from Infrastructure NSW over its $270m Central Barangaroo claim, as a court fight between the two was fast approaching.
Original URL: https://www.dailytelegraph.com.au/business/victoria-business/page/13