Oceania Glass’s massive debt revealed
Australia’s biggest glass maker is sitting on a debt pile worth more than half the company’s annual turnover, its administrators have revealed.
Victoria Business
Ford offloads historic Melbourne site set for $250m revamp
The famed motoring company has sold off a piece of Australian manufacturing history to a developer determined to revamp it with a $250m plan.
Construction disruption: Australia’s largest glass maker collapses
Australia’s only maker of architectural glass, Oceania Glass, has been placed in administration with 260 jobs on the line less than a year after warning China was dumping cheap products here.
Can Australia expect to win a Trump trade war?
Canada and Mexico are writing the playbook in real time over how to navigate Donald Trump’s trade threats.
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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.
Build-to-rent dollars to flow into NSW as Queensland slides
After years of trailing Victoria and Queensland, the NSW build-to-rent investment market is taking off, a report by Knight Frank’s Australia says.
Chemist Warehouse sales surge as Sigma merger looms
The retailer has reported rampaging sales figures, just a day before Sigma Healthcare shareholders are due to vote on a multi-billion dollar merger with the pharmacy retailer.
EML Payments should be sold off, activist investor argues
Activist investor Jeremy Raper has written to the EML Payments board arguing that the company’s brand is beyond repair and it should kick off a sales process.
Strong gains tipped for drug developers in 2025
There’s a grab bag of Australian-listed drug developers that should be on investors’ radars this year, analysts say, with a hefty upside potentially on the cards.
Super funds back push for DEI reporting and boardroom quotas
As Donald Trump inflames the diversity, equity and inclusion debate in the US, super funds here reiterated their support for DEI reporting by ASX-listed companies.
Flooding rains halt Rio Tinto iron ore operation
A loader at Rio Tinto’s Pilbara iron ore operations is out of action following flooding rains brought by Tropical Cyclone Sean.
Myer can be a $5bn retail power: Inside Lew’s merger vision
The $800m merger represents an all or nothing bet on the longer term future of Myer. And the retail billionaire Solomon Lew has big ambitions.
Original URL: https://www.dailytelegraph.com.au/business/victoria-business/page/3