Gupta’s woes spread to NSW as coal workers stood down
Workers at Tahmoor Coal in NSW have been stood down on full pay and production curtailed, as rumours swirl that Sanjeev Gupta’s debt worries have spread beyond Whyalla.
Victoria Business
R.M. Williams digs heels in over Adelaide rental dispute
R.M. Williams is facing a legal stoush in its spiritual home of Adelaide with its former landlord taking it to court for about $200,000 in disputed rent and other costs.
MCoBeauty sold with huge payday for founder
Make-up ‘dupe’ phenomenon MCoBeauty has been sold, with founder Shelley Sullivan cashing out in a massive deal.
Thinking outside the box to make wine cool again
A mid-strength Shiraz for a younger audience? Tapping into emerging export markets? Australia’s wine industry is hunting solutions to steer the sector out of a crisis.
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Too late to avert a gas crisis in Victoria, says Woodside
Woodside Energy says it’s too late to avoid an economically damaging gas shortfall in Victoria thanks to a decade of political opposition to the fossil fuel industry.
Whyalla steelworks would be better off under a new owner
Sanjeev Gupta’s parting gift to South Australia should be gracefully finding a new owner for the Whyalla steelworks.
Private hospitals need $450m-a-year ‘bailout’
Private hospitals need a $450m leg up from the federal government to avoid an industry collapse while a sustainable model for the sector is devised, a peak lobby group says.
Gupta empire stung for $US53m in UK court judgment
A $US100m debt package to help pay GFG Alliance’s creditors at Whyalla is yet to eventuate, while another company in Sanjeev Gupta’s empire has been hit by a $US53m court judgment.
Oceania Glass’s massive debt revealed
Australia’s biggest glass maker is sitting on a debt pile worth more than half the company’s annual turnover, its administrators have revealed.
Ford offloads historic Melbourne site set for $250m revamp
The famed motoring company has sold off a piece of Australian manufacturing history to a developer determined to revamp it with a $250m plan.
Construction disruption: Australia’s largest glass maker collapses
Australia’s only maker of architectural glass, Oceania Glass, has been placed in administration with 260 jobs on the line less than a year after warning China was dumping cheap products here.
Can Australia expect to win a Trump trade war?
Canada and Mexico are writing the playbook in real time over how to navigate Donald Trump’s trade threats.
Wheels of fortune: Family empire’s young guns turn the corner
One of the last vestiges of SA’s once mighty automotive sector is booking surging profits and targeting new markets, as its new leader looks to build on the ROH Wheels legacy.
Major contract for Olympic Dam expansion study awarded
BHP has awarded a $40m contract to progress the proposed expansion of its copper smelting and refinery facilities at the Olympic Dam operations in South Australia’s Far North.
Original URL: https://www.ntnews.com.au/business/victoria-business