Key causes of money fights, and how to stop them
Money conflicts aren’t always the root cause of relationship breakdowns but they flare when tensions are high, and experts say there are ways to navigate around this hazard.
Victoria Business
A painful warning for economy in Telstra’s job cuts
The telco’s move signals the era of ‘jobs hoarding’ across corporate Australia is finally reaching its end.
Telstra job cuts AI’s first wave
Telstra’s job cuts are brutal, but it’s a sign of things to come for the wider workforce as the AI tsunami looms.
Sonic Healthcare hits profit headwinds
The pathology and radiology provider has cut its annual profit forecast by more than $100m, with inflation and currency headwinds taking their toll.
Meet Victoria’s most successful Macca’s franchisees
Australia-wide, 85 per cent of McDonald’s Australia’s restaurants are owned and operated by local businessmen and women. Here, we chat to four of Victoria’s most successful.
Blackout risk rises for Victoria
Victoria faces a heightened risk of electricity blackouts this summer amid major delays in rolling out new transmission lines and renewable projects, the nation’s energy market operator has warned.
Space race ramps up for six SA companies
A cohort of space-focused companies have joined a new accelerator program being delivered by UniSA’s Australian Centre for Business Growth.
Stock market sectors that could benefit from budget’s cash splash
Mining and renewable energy-related companies are the biggest winners from the big-spending budget, but some other sectors could also get a boost.
Elders boss slams government over ‘wrong priorities’
Mark Allison has slammed the Albanese government for failing to tackle the perfect storm of challenges facing farmers across rural Australia.
End game nearing from NSW’s war on casinos
With Star at its most vulnerable, there are plenty more predators waiting in the wings. Is this the outcome NSW really wants?
Nine boss quit after complaint by female staffer
Nine Entertainment’s most senior news boss Darren Wick left the media company following allegations of inappropriate behaviour toward a female staff member.
Taxpayers not only ones cashing in
The various handouts in the federal budget will delight retail businesses almost as much as the (first) recipients. Tim Boreham looks at who might benefit.
Offshore giant slams Labor’s gas backdown
Chevron, one of Australia’s biggest foreign investors, says Labor’s decision to back down on gas approvals has dimmed its appetite for future plans.
High life of crypto kings as hunt for missing millions deepens
Meet the three men behind NGS Crypto, a flashy scheme run from a suburban rental, that took about $60m from investors before authorities secretly froze a string of assets in court.
ARN plans new Southern Cross assault
One of the biggest radio takeovers in Australian history is still on the table.
Coles uncorks AI to predict booze buying trends
Coles will use AI and machine learning to make better predictions of liquor consumption including weather forecasts to try and make sure bottle shops are stocked for key events.
Real life experience behind $8m philanthropic move
The harrowing death of her husband is behind Melbourne company director Jane Hemstritch’s donation to set up a new pancreatic cancer research facility.
Panic now! Barefoot Investor’s advice to heavily mortgaged
Scott Pape tells a ‘postcode povvo’ who forks out 65 per cent of his pay on mortgage repayments that now is the time to panic because interest rates might not come down any time soon.
Super taxes surge: here’s why
A growing pool of national savings is good for tax collectors, budget documents show. The forecasts may surprise you.
Mood at melting point as Gupta’s broken promises mount
Faith that Sanjeev Gupta’s GFG Alliance can deliver on its promises to modernise the Whyalla steelworks have worn thin, while his European assets face their own challenges.
NZ throws out the cream to make clean Aussie exit
By going down the value chain, Fonterra is turning dairy convention on its head.
‘Real kick in the guts’: Families left shattered after building firm collapses
A first-time homeowner who borrowed to build a shed and home for his young family is among customers across the country who have been left with just a slab on the ground after the collapse of a Sunshine Coast company.
Beston cash crunch forces farmers to wait for milk money
South Australia’s biggest dairy processor has blamed tough markets for delaying payments.
GrainCorp ups fuel ambitions to $500m with budget tailwind
The agribusiness has increased its capital expenditure target for a new oilseed crush facility to $500m, with the budget’s green fuels focus providing a boost.
Chalmers bets it all on inflation miracle
This budget simply doesn’t do any work to take inflation out of the economy. The pain will be felt by all Australians.
Why inflation trick won’t work
The idea that Reserve Bank governor Michele Bullock is going to rush out an interest rate cut because of the budget’s $300 energy rebate inflation trick is silly.
Gupta’s electrification plans for Whyalla blast furnace blow out
Sanjeev Gupta’s Whyalla steelworks won’t be producing steel from a new electric arc furnace until 2027 at the earliest, after earlier claims the project would be finished next year.
The two big hurdles BHP faces in getting its Anglo prize
BHP chief Mike Henry’s ‘light’ sweetener to Anglo American’s board was never expected to succeed but the question is, how much does he want this messy deal?
Unit slowdown: Triguboff calls for lower interest rates
After six decades of business, Meriton boss Harry Triguboff says he will stop developing as many apartments given the difficulty in selling them thanks to high interest rates.
Dyson to disrupt the humble mop with its $999 version
Conventional mops spread dirt rather than pick dirt up. Enter Dyson which says its hi-tech wet mop is more ‘enjoyable and effective’, with Australia one of the first places where the WashG1 will be sold.
More engineers needed to ‘make it in Australia’: James Dyson
The billionaire inventor who turned the vacuum cleaning market upside down says there’s a big obstacle to being a manufacturing force again.
Why ‘good’ and ‘bad’ Lendlease will have to part ways
Chief executive Tony Lombardo knows he is going to have to dig deep later this month to pull the builder out of its downward spiral.
Advertising guru farewelled at state memorial
Politicians, media and sporting executives were among hundreds who gathered in Melbourne to farewell Harold Mitchell as one of the nation’s most successful advertising executives.
Mighty Kingdom to slash staff
The ASX-listed game developer will cut a large proportion of its workforce in a bid to return to profitability.
Squadron hits back at ‘more expensive’ gas imports
Andrew Forrest’s Squadron Energy has rejected claims gas prices would soar if eastern seaboard users were forced to rely on imported gas supplies.
Findi cashing in on India’s love of ATMs
Cash might be an endangered form of payment in Australia, but in India it still rules. And Findi is profiting, big time, from that, says Tim Boreham.
Why the wave of bank bad debts was misleading
The doomsayers may not want to hear it but there’s no mortgage cliff, and it’s unlikely to come.
Get ready to switch to mining as bank shares wobble
A surprisingly-sharp fall in the major banks and the broader share market has investors wondering if now is the time to cash in.
Central banks ‘will win’ inflation fight: Blackstone boss
Wall Street’s $US1 trillion investor is preparing to move up the risk curve as it bets on a turning point in the recovery.
Imported LNG much dearer than domestic gas
Gas brought into Australia through mooted LNG import terminals will be much more expensive than domestic supplies, research from Frontier Economics says.
‘In for the long haul’: Crown’s Wall Street owner vows
Turning the ship around at the casino was always expected to be measured in years, says its new $US1 trillion owner Blackstone.
Melbourne caravan maker goes bust
Campbellfield caravan manufacturer Highline Caravans has called in liquidators, its downfall coming after a boom in pandemic caravanning travel.
McCrann: Victoria’s worst fiscal days remain ahead
When it finally arrived, Tim Pallas’s 10th budget was nowhere near as horrific as feared — but the disastrous debt spiral will continue.
Behind the invisible force turning ANZ inside out
It’s come at a huge upfront cost, but ANZ boss Shayne Elliott says the sky is the limit for the potential savings that technology can offer.
The RBA’s key message? Higher for longer
Michele Bullock is facing one of the most critical moments since taking charge of the central bank.
Jobs, inflation key to next rate move
Michele Bullock is keeping her cards close to her chest ahead of key inflation data which will decide the RBA’s next move.
Two factors set to push AGL profits up by $500m
AGL Energy’s full year profit is likely to be about half a billion dollars higher than last year, the company has said in its second earnings upgrade in three months.
New Qantas boss buries more than ‘ghost flights’ of past
The settlement allows Vanessa Hudson to draw a line under one of the biggest legal distractions hanging over the airline.
Why the economy is about to get some hard truths
The RBA, the banks and big business are threatening to upstage federal Treasurer Jim Chalmers’ impending May budget.
Macquarie makes trademark shift to find new energy
After years defying gravity, the homegrown investment bank is falling back to earth and this has promoted a different approach.
Original URL: https://www.dailytelegraph.com.au/business/victoria-business/page/3