$30m penthouses: Gurner, Qualitas team for Jam Factory revamp
The developer is banking on turning the iconic Melbourne complex into New York-style apartments, luxury hotels, cinemas and high-end shopping.
Victoria Business
ASX 200 to lift after Wall Street records; Santos in focus
Middle East buyers circling Santos: Bloomberg. Oil, gold prices jump. Nasdaq, S&P hit records in shortened, mixed US session ahead of its Independence Day break. US Fed Reserve minutes signal no hurry on rate cuts.
ASIC should be split, says Senate report
A radical separation of ASIC would improve its flawed approach as the regulator has ‘comprehensively failed’ to clamp down on corporate wrongdoing, a Senate committee report says.
How will Lang Walker’s $6bn empire be carved up?
The late tycoon left behind one of Australia’s biggest private companies and new documents reveal how his wife, children, and two trusted directors will share the property behemoth’s assets.
Fortescue hired Private Investigators to spy on ex-staff
Andrew Forrest’s Fortescue paid private investigators to follow former staff ahead of a battle of intellectual property, previously suppressed court documents show.
Qantas warned over executive bonuses
Qantas shareholders have delivered a stern warning to the board as it mulls over the payment of massive executive bonuses including to former CEO Alan Joyce.
How to avoid a credit card debt spiral as Aussie budgets buckle
Wealth-sucking, high-interest debt on credit cards fell for 12 straight years until late 2023, and now households need help.
KPMG taps former Labor minister, Westacott for new roles
A trio of big names will join KPMG including former Labor minister David Bradbury from the OECD and leading Australian executives weeks after an $80m cost cutting program.
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.
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The top ASX resources winners for June
These ASX-listed resources companies had a very decent June. All 50 of them.
Three ASX firms driving decarbonisation
Several ASX companies are focused on reducing CO2 emissions through their technologies and products. Here are just a few.
FMR refreshes itself into an exploration junior
Backdoor-listed onto the ASX, former software stock Applyflow has made way for Canadian copper explorer FMR Resources.
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.
State budgets: ugly to ultra-ugly
Queenslanders should take the money and run – straight to the ballot box in October, to throw out the incumbent Miles-Dick government.
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.
Barefoot says diamonds are a rough decision for today’s buyers
Barefoot Investor Scott Pape says diamond rings are decades-long marketing con job, as much cheaper lab-grown stones emerge.
The common smartphone app that’s ripping you off
Barefoot Investor Scott Pape says consumers are being overcharged by technology when they pay for things.
More Business
Super funds deliver but inflation heightens rates warning
Global interest rates should fall but won’t return to pre-Covid levels because inflation would continue to be ‘sticky’, says AustralianSuper’s Mark Delaney.
Nuclear ‘must be an energy option’: power boss
Nuclear power shouldn’t be ruled out as part of Australia’s energy mix, says Richard Wrightson, given it could be produced at about the same cost as wind.
ASIC’s failure is it has become too big to regulate
The nation’s powerful corporate cop is doing too much, and most of it is small fry.
Atlassian homes in on work hub
Working from home is here to stay and the office as we know it will more resemble a first-class airport lounge, Atlassian says.
Neil Perry’s recipe for successful airline food
The secret to delicious airline food is as much about the aircraft as the preparation process, says longtime Qantas flight catering manager Neil Perry.
AMP super fund clocks up strong returns
AMP has delivered superannuation returns better than many of its more fancied market rivals and that’s in part thanks to its exposure to US stocks.
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 Bank stirs up CEO exit season
Bendigo and Adelaide Bank’s CEO appointment has cemented succession planning as a key topic in the sector, fuelling expectations at least two of the big four banks follow suit.
ANZ sanctioned over dead customer accounts
ANZ was called out for the most ‘serious and systemic breaches’ by the Banking Code Compliance Committee, after taking years to stop or refund fees levied to deceased estates.
Sydney $300m delivery start-up expanding overseas
Backed by Australia Post, Shippit plans to expand its courier aggregator platform further beyond our shores as it closes in on a key profitability milestone.
Why 8 minutes is making a big difference to Qantas
Qantas has made another big change to its boarding process to help get aircraft away on time, or even ahead of schedule.
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.
Virgin pilots refuse bumper pay rise offer over day off concerns
Virgin Australia pilots have voted down a healthy new pay deal that increased wages significantly but reduced their days off by six a year.
Bonza joins the scrap heap of airline failures
Bonza has joined the ranks of Ansett, Compass, Tigerair and Air Australia after creditors voted in favour of liquidation.
No more anti-competitive Google deals: Telstra, Optus
Google’s search service was installed as the default service on Android devices they supplied to customers in return for a share in its advertising revenue.
Original URL: https://www.heraldsun.com.au/business/victoria-business