Craft beer and spirits maker Mighty Craft collapses
Listed craft brewer Mighty Craft has called in administrators after a hoped-for merger with Better Beer failed to eventuate.
Victoria Business
Women take the reins on investing
Investment in the share market is no longer dominated by men, especially for people aged under 40, the ASX says.
‘Couldn’t fight the boys’ club’: New leadership turmoil at Country Road
Country Road managing director Elle Roseby has made a shock exit from the scandal-plagued retailer with company insiders saying she was pushed out by a toxic “boys club” culture.
Trump 2.0 will unleash the primal forces that drive Wall Street
There’s a new Donald Trump running for the White House and his RNC speech contained some powerful messages for Australian businesses.
Why the Aussie dollar still has room to grow
The Australian dollar’s recent strength is tipped to continue, but there are some headwinds to overcome first, economists say.
‘My mother is sending money to a young lover’
When your mother is in debt and nearly homeless after sending large amounts of money to an overseas holiday fling, what should you do? Barefoot has some advice.
Andrew Forrest’s credibility hit by green hydrogen collapse
The Fortescue founder made his vast fortune by snubbing the doubters and repeatedly made bigger and bolder promises on his green revolution. So the cost of failure is more than financial.
Hike on hold as labour market teeters
The RBA’s next move appears all but certain, but the latest jobless data shows how keeping a lid on both inflation and layoffs remains a delicate balancing act.
Lucky country turns very stupid
The CFMEU crisis is the latest in a long line of Labor failings that has left ordinary Australians short-changed.
Robur Tea House development gets heritage green light
A revamped design will keep key elements of the historic complex and open the door for another top global hotelier to make its way to Melbourne.
Rio’s messy dip into Guinea ore
Rio’s decision to build another iron ore mine in Guinea – to compete directly with its mines in the Pilbara – is shaping up as another risky move.
Qenos’ Melbourne plant ‘closed by September’
After more than 60 years of operations, Qenos’ Melbourne manufacturing plant is likely to be closed by the end of September.
ASX blasts above 8000 points to new record: where to next?
Aussie shares have rocketed more than 18 per cent higher in just nine months, but stockbrokers see a more subdued future.
CFMEU construction union an economic wrecking ball
There is a terrible financial price we all pay for the serious allegations of corruption through the construction unions.
‘I started with an iPhone and duct tape’: Aussie YouTubers reveal the realities of content creation
Four successful Aussie YouTubers have revealed what it takes to make it big on the platform. We go behind the camera to see what it’s really like.
Should you switch super? Tips and traps for your life savings
Superannuation fund annual returns are trickling in and many members are happy. If you’re not, should you be switching?
Australia on ‘wrong track’ on net zero, warns Murdoch
The chairman emeritus of News Corp says the push to develop more affordable energy sources will compromise the nation’s economic competitiveness and lead to more power outages.
Legal action call as low-income earners wrongly charged millions
Australia’s biggest banks face legal action and will have to repay $28m for systemically charged high fees to those customers who could least afford it, an ASIC investigation has revealed.
Snowy Hydro strikes long-term gas deal
Snowy Hydro has struck a 25-year deal to store gas in Victoria, in a move that will expand one of Australia’s most critical pieces of infrastructure.
Star, Crown sought mega-casino merger talks
Both operators were looking for a combination in a bid to boost the performance of their under-pressure Sydney casinos.
‘Rich Lister’ Ross Makris facing bankruptcy
Ross Makris, once dubbed the richest man under 40 in Australia, is facing bankruptcy proceedings in the Federal Court.
How to retire five to 10 years early
Covid changed people’s ideas on work, wealth and retirement, and people wanting to retire sooner may find it easier than they think.
Why Telstra’s price rises are bad for everyone
Telstra’s inflation-stoking move speaks volumes about the lack of competitive spirit in the telco market and will be bad news for the central bank as much as customers.
Viva tests Victoria’s attitude to gas
Viva Energy has submitted an updated environmental report for a LNG import terminal at Geelong, testing the Victorian government’s potential softening attitude towards gas projects.
The daggy wine that’s trendy again
It has overtaken Shiraz as the country’s largest wine variety, shaking off its daggy reputation to re-emerge as one of Australia’s top tipples.
Time to stop passing the buck
Treasurer Jim Chalmers needs to take a close look in the mirror to see the real reason Aussies are doing it tough.
The evil of inflation deepens
A nasty new edge to the pain of inflation has emerged in recent years, widening the gap between the haves and the have nots.
Probe into SkyCity’s Adelaide casino licence back on
The independent investigation had been put on hold while the casino operator finalised its money laundering penalty with regulator Austrac.
Time for investors to use their (real) brains
The rise of AI and swollen valuations of the Nasdaq ‘Magnificent Seven’ mean it’s more important than ever for investors to think carefully, says Tim Boreham.
Indian tech giant’s Australian push
It’s the software giant that you’ve probably never heard of, but Zoho has ambitious plans to take on its tech rivals, with Australia emerging as a key market.
Costello’s exit exposes deeper crisis at Nine
Nine is now moving toward full-blown crisis mode as the media company lacks the authority to deal with its deep-seated cultural issues.
Austal tells Hanwha to put up or shut up
If Korea’s Hanwha is so confident of getting its bid over the line it shouldn’t be concerned about stumping up a break fee, Austal is understood to believe.
$45 Virgin flights: How Aussie families can score a cheap holiday
Australian families can save hundreds of dollars on their mid-year school holidays, with the prices of 300,000 Virgin flights slashed. See the full list.
Economy sick, Labor at fault
The GDP numbers were about as good as a truly awful lot of numbers about a dreadful state of play can be.
Bank merger eyed to combine $17bn in assets
Beyond Bank Australia, P&N Bank and BCU Bank are set to be combined under a plan unveiled as “a merger of equals”.
GDP pain: why we’re already in a two-year recession
By one key measure, Australia is battling through a long-running recession, and new economic numbers suggest it’s getting worse.
Hacked e-script provider MediSecure in administration
The e-script provider, which last month revealed it was the victim of a large-scale data breach, has collapsed into administration.
Why the big four banks’ bullish run is looking wobbly
They’ve starred on the share market in 2023-34, but shares in CBA, ANZ, NAB and Westpac look set for tougher times. Here’s why.
Med tech millions tied up in red tape
The Therapeutic Goods Administration is not ushering home grown technology to the front of the regulatory queue, Additive Surgical says, putting millions in revenue on hold.
Immutep to raise $100m amid Merck collaboration
The biotechnology company will team up with Merck on a lung cancer trial after announcing it would also raise $100m in new capital.
How can companies live beyond 100 years?
Longevity in organisations is rarer than you think. Here are some of the habits of healthy old companies.
Packer’s verdict on Nine crisis: Costello is a dud
Following a torrid fortnight at Nine, James Packer – whose family history will forever be linked to the media giant – has taken a swipe at chairman Peter Costello.
Holy guacamole: Can Guzman hold its spicy IPO price?
The Tex Mex upstart says it has cracked the secret sauce for success but with shares set to be more expensive than Domino’s, will investors get bang for their big bucks?
Beston loses two directors
The struggling Beston Global Food Company’s board has been whittled down to just three directors after two board members resigned.
CEO ‘not aware of culture issues’, Nine staff told
During a ‘solemn event’, Mike Sneesby addressed some of the network’s biggest stars as Karl Stefanovic said ‘men need to do better’ at Nine.
How to make everyone’s pain your gain
These lucky 13 ASX giants are making big profits, if not friends, so maybe it’s a case of ‘if you can’t beat ‘em, join ‘em’, says Tim Boreham.
Fate of more than 20 Miniso stores hangs in the balance
More than 20 Miniso stores across the nation are in administration, with insolvency experts looking for a rescue plan.
Shell chasing Woodside for millions in clean-up costs
Shell is chasing Woodside and British firm Paladin Resources for more than $80m in clean-up costs for the abandoned Northern Endeavour platform on the North West Shelf.
Copper prize awaits for BHP
Anglo’s rejection of BHP was quite simply moronic, and now the ‘Big Australian’ can simply step back and watch as its smaller rival implodes.
‘Small bump’ might have pushed BHP bid over the line
BHP’s bid strategy for Anglo American has been called into question, with one shareholder saying a modest increase in the offer might have tipped the scales in mining giant’s favour.
Original URL: https://www.dailytelegraph.com.au/business/victoria-business/page/5