Bada Bing, Bada Boom: Our top business yarns for 2024
We’ve had some big yarns this year, from energy to the retail sector, namely Woolworths and Coles. And of course pensions and tax, plus the latest mishaps and shenanigans at the ABC.
Companies
AI’s big Test: The new tech that will make TVs feel like the MCG
Artificial intelligence will change the way many Australians see the Boxing Day cricket Test as the world’s biggest TV makers harness the technology to make viewing more lifelike.
Perth developer hit with lengthy ban by corporate watchdog
ASIC has hit high-profile developer Allen Caratti with a lengthy ban after his involvement in a string of failed business ventures.
Struggling game maker takes on onerous loan to stay afloat
Game developer Mighty Kingdom has raised money at an onerous rate to keep the lights on but says it is still working on corporate opportunities which could deliver value.
Goldman Sachs gives Foxtel deal the tick of approval
News Corp will have a stronger earnings profile and be better focused on its digital property growth drivers following the sale of Foxtel to DAZN, Goldman Sachs says.
NextDC-backed cloud provider turns takeover target
An underperforming cloud services provider one third-owned by NextDC has found itself the target of competing takeover bids.
ASX clears settlements backlog but not the anger
The accident-prone ASX has fixed its tech glitches that last week held up the settlement of trades, but market participants and investors remain worried about future mishaps.
Less ham on menu this Christmas: Primo Foods
Ham is the centrepiece of the Christmas dinner table, but the high cost of living is leading to families cutting back this season, according to Primo Foods.
Skin in the game: PolyNovo soars on monthly sales rise
Shares in biotech PolyNovo, which supplies artificial skin to treat burns and other injuries across the globe, climbed after it announced record monthly sales.
Howzat! Behind DAZN’s quest to become Netflix of sport
The UK sports streaming operator has big plans for the way the world watches sport – and Foxtel is set to become a key part of this.
Breakthrough Victoria-funded med-tech enters administration
A Melbourne med-tech start-up at the centre of a court fight has fallen into administration, as the company’s co-founder lobbed a shot at Victoria’s $2bn venture capital fund.
Perth accountant faces insider trading charges
An accountant has appeared before the Perth Magistrates court on charges relating to insider trading of shares in mid-tier miner Genesis Minerals.
Sports streamer DAZN buys Foxtel in blockbuster $3.4bn deal
New ownership for subscription giant Foxtel and its hit brands Kayo and BINGE is set to shake up Australia’s media and sport landscape.
Codral, Sudafed ineffective, class action against Johnson & Johnson claims
A lawsuit alleges Johnson & Johnson put ‘profit before people’ by marketing cold and flu tablets containing a drug that is allegedly ineffective at relieving congestion when taken orally.
Nation’s banks must do much more for small businesses
Running a small business in Australia is tough, fraught with risk and close to half of them fail within the first three years. So what can be done to help them?
Retailers face tough times but consumers are starting to spend
Retail performance has long been a bellwether for our economy, and this year’s Christmas and peak trading period have never been more crucial for Australian retailers.
Cooper Investors offloads $41m of Incitec stock
Incitec Pivot says it will forge ahead with asset sales next year, while at the same time warning earnings will take a hit from investment in plant.
Streamlined AMP ready to grow after tough times: CEO
After more than three years of slimming down its business, financial services company AMP is set for growth, including possible acquisitions in 2025, according to CEO Alexis George.
Expert stock pickers reveal their end-of-year tips
It’s been a rocky December for investors so we asked four expert stock pickers what they would buy, sell and hold to get their portfolios into shape.
ASX hit by new CHESS outage, traders left billions of dollars short
Brokers were scrambling to secure funding to cover millions of trades that failed to settle on Friday, after the ASX revealed a meltdown of its key technology platform.
Original URL: https://www.theaustralian.com.au/business/companies