Why ‘weirdo’ single mum shunned $3m inheritance
Barefoot Investor has labelled Grace, a single mum of two, a weirdo for not wanting her life to be up-ended by a $3m inheritance. But he has a strategy to help her adapt.
Victoria Business
Why distribution disruption is TV’s new showstopper
For brands like Netflix, Disney and Paramount, the era of peace in global streaming is delivering almost as much upheaval as the costly war.
The father and son team cleaning up big time in Paris
It’s unglamorous work, but Craig Lovett’s risky move to fluke a cleaning contract for the Sydney Olympics led to a deal of a lifetime that his family firm is still reaping the rewards from now.
ASIC acted in ‘bad faith’ by allowing Blue Sky short attack
The corporate regulator acted in bad faith by sitting idly by while Glaucus Research savaged Blue Sky Alternative Investments in a short attack, the latter’s former boss says in a new court claim.
Five megatrends that will shape the future of share investing
Artificial intelligence isn’t the only global growth engine to watch, and the latest sell-off has not stopped experienced investors.
The five big mistakes inside the Qantas boardroom
A forensic look at Qantas’s failings finds the overriding theme was a dominant, long-term CEO who called all the shots in the face of a weak board.
$10m slashed off Crown Barangaroo penthouse asking price
Sydney’s swankiest apartment is back on the market, with a high-profile Luxe Listings agent dropped and the new team tasked with selling the six-bedroom unit spending $500,000 on staging.
Green lawfare bid to block coal projects fails
A last-ditch legal attempt aiming to block major coal mine approvals in New South Wales on climate grounds has failed in the High Court.
Joyce gets a bum rap again
Former Qantas boss Alan Joyce has had his pay docked for some of his actions during Covid, but what about the politicians who caused far greater destruction?
Coal king Glencore rewrites the rules on ESG
Glencore is reframing the debate on coal’s future. Some of Australia’s biggest investors will be quietly cheering the miner on.
Fortescue outlines its case over claim of IP theft
Fortescue staff, in documents filed in court, say the timelines and funding for alleged intellectual property thief Element Zero don’t add up.
Neuren results put short attack thesis to bed
The pharmaceutical group is set to announce data from a key clinical trial after releasing sales figures which fly in the face of a short attack earlier this year.
Power rebate ‘gift’ keeps giving
Treasurer Jim Chalmers decided to fiddle down inflation with his $300 energy rebate, but problems are looming as price pressures persist.
Inside Coles’ mighty $1bn bet on supermarket competition
The Australian got a look at Coles’s ultra-high-tech new warehouse that has just given it the edge over rival Woolworths.
Far from confident: RBA Governor’s top priority now
RBA Governor Michele Bullock is keeping interest rates on hold for now — but she’s far from confident. This is what we can expect next. Who do you believe?
Deep dive: Aussie shares thumped by global currents
The reality is Australia is being thumped by an international arm wrestle over interest rates. The sheer weight of global capital being readjusted means investors just need to buckle up.
I’m a finance writer and I no longer own a single share
After more than 25 years of investing directly in the stock market, this shareholder has sold the lot. But there may be a comeback.
Is Jerome wearing rose-coloured glasses?
The Federal Reserve has put a rate cut on the table, but can the US really manage a Goldilocks world of low rates and a strong low-inflation economy?
Could markets see a return of the ‘Fed Put’?
For Magellan’s long-time stockpicker Nikki Thomas, the tech share boom may have run its course for now.
Private credit a path to diversity, returns
Private credit – a burgeoning form of investment – offers myriad advantages to those chasing asset diversification and healthy returns, writes Tim Boreham.
Ramsay flags weaker than expected earnings
The hospital operator’s shares dropped after it issued a warning it will deliver softer than expected annual earnings.
NeuRizer gets lifeline from hugely dilutive raise
NeuRizer will issue almost 800 million new shares in a $1.6m capital raise which the urea project developer says ensures its solvency.
Vocus again in talks to buy TPG’s fibre networks
Macquarie-backed Vocus Group is again talking to TPG Telecom about buying its fibre networks, nine months after its previous $6.3bn proposal fell over.
Struth! Shopper stung $1300 for $13 tap and go sanger
This week Barefoot Investor has a wake-up call for shoppers using tap and go after one of his followers was left $1300 out of pocket for a $13 chicken sandwich.
ResMed calls out Ozempic as a tailwind after strong results
ResMed has delivered a strong set of quarterly numbers and says Ozempic-style drugs will be a boon for the business, debunking the initial narrative which clobbered its shares.
Fish farmer hatches plan for the ‘wagyu’ of Murray cod
Riverina producer Aquna Sustainable Murray Cod wants to take its very own ‘wagyu of fish’ to the top restaurants of the world.
AusPost turns tables in $1bn battle with big banks
Paul Graham is seizing the moment to keep Australia Post delivering. This time he wants banks to be part of the solution.
Santos interest reports ‘inaccurate’: Saudi Aramco
Santos faces a renewed period of takeover uncertainty with two Middle East heavyweights pondering a tilt at the underperforming energy producer.
Game, set, match: Stokes has bigger ambitions for Boral
Ryan Stokes wants to bring an ‘owner’s mindset’ to the building icon he has been pursuing for more than two years.
TV ‘can’t get free pass’ on cost control: Stokes
The nation’s big broadcasters are feeling the brunt of an advertising downturn and are being forced to respond.
Invisible ASIC has become too big to regulate
The powerful corporate cop is doing too much, and most of it is small fry in a field where unglamorous corporate crime busting has a visibility issue.
Booktopia in administration with urgent sale sought
Booktopia has collapsed into administration less than four years after listing on the ASX with an urgent assessment of the business now under way.
Dutton’s ‘big stick’ sets dangerous tone for business
From energy to supermarkets, Peter Dutton is proving instincts are built on more, not less, market intervention.
Fast track for Squadron’s Kembla a potential gas solution
Andrew Forrest’s Squadron Energy says its LNG import terminal at Port Kembla could be fast tracked to plug looming gas shortages on the eastern seaboard.
Cosmetics giant faces new court case
After Mecca’s former chief of marketing settled maternity leave discrimination allegations against the company, the beauty giant is facing fresh court action in Victoria.
Experts tip investment winners for year ahead
The standout performers of 2023-24 were celebrated, but a new financial year brings fresh hope for different types of assets.
Bendigo’s board put costs at centre of CEO challenge
Incoming CEO Richard Fennell will need to quickly prove he isn’t just another product of the Bendigo culture that has had greater tolerance for costs than the bank’s investors.
CBA prepares to take on Wall Street’s biggest banks
The Australian bank has passed a staggering milestone. Can it continue to defy gravity?
Hot advice: Danger of online product reviews
Want a good electric blanket or other household item? Scott Pape says in an age of fake reviews, there’s one key place to check.
Gerry Ryan’s luxury safari resort at Monarto up for sale
Jayco founder Gerry Ryan is selling the luxury resort he has bankrolled at the Monarto Safari Park before it even opens.
Consulting firm Synechron snaps up two major tech outfits
Synechron continues its acquisition spree in Australia, buying two related tech firms with about 200 staff, adding to its iGreendata purchase earlier this year.
Investors give biotechs injection of funds
Biotech in Australia has been ailing, but there are signs of a recovery as investors once again show a healthy interest, says Tim Boreham.
Catsoulis’s Impact Gold facing winding up application
David Catsoulis’s PNG-focused Impact Gold is facing a winding up application, while his fellow company Warwick Gold is in liquidation.
Analyst calls buying opportunity as Immutep shares tank
Investors have misread the latest Immutep trial results, smashing the stock price and creating an ‘obvious buying opportunity’, analysts say.
Meet Victoria’s top Subway franchisees
Subway has the largest store footprint of any quick-service restaurant brand in the ANZ region. Here, some of its top franchisees tell us what it’s like to run a Subway shop.
Pilbara renewables needed for BHP’s electric dreams
BHP will source 500MW of renewables in the Pilbara by 2030 as it converts its diesel-hungry truck fleet to electric power in coming years.
Australia must make case for global funds: Citi boss
Citi CEO Mark Woodruff is talking up Australia on the global funds stage with hundreds of billions needed for energy, minerals and housing development.
Analysts speculate on payoff for Premier holders
Analysts like what they see in a merger of Myer and Premier’s Apparel Brands, and some are already speculating on how many Myer shares Premier shareholders will receive.
Question mark over prime Sydney site after historic club folds
The Kirribilli Club – an ex-service club with some of the best harbourside views in Sydney – has been shuttered, with the future of the site now in question.
Whyalla to restart steelmaking after blast furnace breakthrough
The Whyalla steelworks should recommence normal steelmaking soon after its damaged blast furnace hit a key milestone on the road to recovery.
Original URL: https://www.dailytelegraph.com.au/business/victoria-business/page/4