First strike: airline battles engineers’ demands for $20m in extra wages
An airline faced with its first industrial action in 23 years has lashed out at laws ‘emboldening unions to make ridiculous wage demands’.
Companies
Huge update on cancer scammer Belle Gibson
A high-profile scammer’s $410,000 fine is still being chased almost a decade later by Victoria’s consumer watchdog.
Iconic fish market hits back at collapse claim
An iconic Aussie fish market has hit back at stark claims it could be falling into insolvency, stating bluntly it is ‘business as usual’.
ASX steady as miners gain; CBA rises, IAG down
Sigma gains as $300m worth of shares change hands. Alliance Aviation’s labour costs growing after first industrial action in two decades. IAG top loser as investors miss buyback. Temple & Webster top gainer. ‘Cleaner result’ sees ASX Ltd soar.
More Stories
Win for millions as major bank slashes rates
Another major bank has moved to slash fixed and variable rates, following other lenders including Westpac and NAB.
Popular burger chain exits Australia
One of the world’s biggest fast-food franchises has announced it is closing all stores in Australia – this week.
Grim details emerge after mine tragedy
A coal mine has suspended its operations after a second worker was killed on site within weeks.
ANZ takes big four’s ‘bad bank’ crown
Even if the prudential regulator has pre-empted an investigation into ANZ’s bond trading, it believes the bank’s stumbles point to a broader trend.
ASX 200 trims losses late, 10-day winning streak over; Inghams tanks
APRA slaps ANZ with $250m penalty after trading scandal. Rex administrators given more time to find buyer. Elanor scraps dividend. ASIC’s win in crypto firm fight. Inghams’ profit miss, mixed guidance. Legal battles weigh on Fletcher.
Major milestone in nuke subs dream
A major milestone has just been hit in Australia’s ambition to acquire nuclear-powered submarines.
Fresh hope for embattled airline
A judge has granted the administrators of Rex Airlines more time to find a buyer for the embattled airline, with possible offers already in the pipeline.
The lone rule to follow for falling (and rising) markets
There’s only one rule that billionaire investor Howard Marks says is worth following during market selldowns, and it holds true for rallies too.
Huge step to reform ‘crucial institution’
Treasurer Jim Chalmers has called for support from the Coalition to create a separate Reserve Bank board that will solely be responsible for cash rate decisions.
‘Broken my heart’: Aussie brand collapses
An Australian fashion brand has collapsed into voluntary administration as the owner is forced to repossess her car.
Original URL: https://www.goldcoastbulletin.com.au/business/companies/page/193