McCrann: Kiss rate cut goodbye
Australians doing it tough can kiss goodbye any chance of an imminent interest rate cut after Wednesday’s higher than expected inflation figure.
Victoria Business
Top 10 for mortgage arrears: is your area among worst?
Sydney dominates the top 10 list of areas where investors are struggling, while parts of Melbourne also have their problems, S&P Global says.
Why rates limbo might soon end
Dismal retail sales data would usually lead to widespread speculation of an interest rate cut at the mid-June meeting. But not this time. Here’s why.
War gaming US election is now a market obsession
Whether it’s Joe Biden or Donald Trump who wins the US presidential election this year, the world is about to change dramatically for investors.
Telehealth company snags $20m investment
Bailador Technology Investments has made a significant bet on a digital healthcare platform which provides telehealth services.
Sexual assault scandal rocks Country Road
A senior executive at the company has been forced to resign after allegations of repeated harassment of staff members while the chief executive has been accused of protecting his friend.
Whyalla blast furnace restarts after weeks out of action
The blast furnace at the Whyalla steelworks has restarted after several weeks out of action, while steelmaking should begin again next month, GFG Alliance boss Sanjeev Gupta says.
Neuren shares rocket on trial results
Neuren Pharmaceuticals’ trial of a treatment for the rare Pitt Hopkins syndrome has delivered encouraging results, sending its shares sharply higher.
Healius to sell imaging division
Healius has put its Lumus Imaging division on the market with bids ranging up to $800m tipped.
Best offer bungle costs power retailer ReAmped $370k in fines
Energy retailer ReAmped Energy has been hit with $370,000 in fines for failing to tell customers they could save money by switching to a better deal.
Caravan maker Highline collapsed with no cash in bank, $1.1m debt
Melbourne caravan maker Highline Caravans went bust owing more than $1.1m but its liquidator has found no cash in the bank and just $10,000 in other assets in a major blow for creditors.
Overseas shares shine: the top markets for your money this year
Investors are flocking to international shares as global stocks leave Aussie companies in their dust. See where we rank in 2023-24.
Lendlease’s grand plan to bring $4bn back home
The Lendlease boss Tony Lombardo is expected to take a significant step towards reshaping his pressured property play.
BHP’s CEO needs to avoid facing his own ‘Origin’ moment
There’s a number of Anglo investors who believe the land grab for ‘red gold’ gives the miner a powerful bargaining chip.
‘Pulp Fiction’: Playboy gold dealer’s theft and scam empire
Jetsetting jewellery dealer Alex Mendieta-Blanco was famous for having Delta Goodrem at his party. But he was also convicted of a scam worth up to $1bn. This is how his empire worked.
Bank branch closures: tougher new plans to stop the pain
Regional Australians worried about banks deserting their towns may get a lifeline from a new government report.
AI now putting medical trials … on trial
Medical trials are as expensive and time consuming as they are vital. But AI has emerged that might well be able to predict results, says Tim Boreham.
How Bendigo is finding its inner challenger to the big banks
Marnie Baker has a plan that will give the regional bank a chance to be all things to customers – and shareholders.
How the mines BHP rejected forged their own path
Nearly a decade on from the messy divorce from BHP, South32 has rebuilt itself. What are the lessons for Anglo American?
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.
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.
Hundreds of retail jobs in limbo at Colette, The Daily Edited
The future of hundreds of retail jobs across the nation hang in the balance, with a vote on the future of Colette by Colette Hayman and The Daily Edited scheduled for next week.
The questions Star’s high-priced probe won’t ask
It is becoming clear that responsibility for the casino’s reform efforts in Sydney were falling through the regulatory cracks.
Bonza’s three big mistakes were there for all to see
The airline which promised the world had its wings clipped from its much-delayed start.
NAB holding $55m debt in struggling dairy firm
Beston Global Food Company’s debt has blown out to almost $70m, with the company, which has never turned a profit, owing NAB alone more than $55m.
Be afraid, be very afraid
Jim Chalmers’ speech on Wednesday revealed the sort of insane dystopian future that will be built if the treasurer and his colleagues aren’t stopped.
Never Never Distilling Co bought out by Japanese beverage giant
An award-winning McLaren Vale gin company has been bought out by a major Japanese beverage company.
Bapcor’s new CEO taps out before starting
Bapcor’s incoming CEO, former racing driver Paul Dumbrell, has quit the day before he was due to start in the top job.
Mighty Craft turns to Better Beer for salvation
The embattled alcohol producer is in talks to merge with Better Beer but has warned if the deal doesn’t come off, the future looks bleak.
Furious Bonza passengers left chasing refunds on hotline
Chaos remains for Bonza customers with some still able to use the airline’s app even after planes were grounded, while others were left chasing new flights and refunds.
Coles’ robot revolution promises to change retailing
The supermarket giant is on the cusp of a long-awaited step change in the way it gets the food on the shelves or to your doorstep.
‘Time’s up’: Wylie takes aim at Lendlease chairman
Activist shareholder Tanarra Capital has stepped up the pressure on the property major ahead of a critical briefing, demanding ’fresh thinking and leadership’.
Long game: Behind BHP’s pitch to Anglo’s investors
Anglo American had been on BHP’s radar for years – not months – although the Australian giant believed it had to get its own house in order before any mega-deal.
Casino cop’s side hustle in lending
One of NSW’s most powerful public servants has a little-known side gig overseeing a firm that charges knocked-back borrowers supersized interest rates.
Barefoot Investor’s advice to mum with $10k inheritance
A struggling single mum who pays 85 per cent of her income on rent has received a $10,000 inheritance, with the Barefoot Investor offering some unlikely advice.
CEO and the ‘$50m shakedown’: execs accused of plotting false tryst suit
Super Retail Group is holding urgent legal talks and says it’s the victim of a ‘shakedown’ by unproven claims from two executives about improper behaviour by the retailer’s CEO.
A commodity of many flavours
An ASX stock is about to open a new close-to-home source for a ‘battery mineral’ used for everything from ink production to soil conditioning. Tim Boreham reports.
‘Bad boom’: Fears property market set to explode again
The head of Australia’s biggest family owned builder has warned major overheating across the market is now worse than 2003’s boom – with one area collapsing amid fears costs will ‘kick again’.
Copper wars are on as BHP’s CEO bets it all on Anglo
In making the high-risk $60bn mega-deal, BHP’s boss Mike Henry needs to prove the miner is not slipping back to its destructive old habits.
Star Chamber descends into a trial about office politics
A high-stakes inquiry into Star’s Sydney casino has failed in its efforts to cast former CEO Robbie Cooke as its villain.
Barefoot Investor’s bold cash prediction
When it comes to investing your money there’s a simple thing most of us get wrong, an expert claims.
NSW’s casino cop makes Crown’s big win all about him
The state’s powerful casino regulator chose his moment to heap maximum pressure on the board of troubled rival Star.
The big lessons for Star from Macquarie’s risk hound
There’s one major cultural reason why the casino operator has found itself so deeply in trouble.
Quirky reason now is the best time to buy Bitcoin
Ever invested in Bitcoin? Well, now might be the best time to get involved. FIND OUT MORE
Howard Marks on investing: The risk of not taking risk
Just as markets have started to get bumpy, investors should take heed of the saying no pain, no gain.
This is why we should only work four days a week
The prospect of four-day work weeks remains a hot topic across Australia and one business is building evidence of why they work.
Original URL: https://www.dailytelegraph.com.au/business/victoria-business/page/7