Linktree axes Aussie, NZ staff to hire in US
Staff at the Melbourne tech unicorn awoke to an email saying it was sacking over a quarter of local staff, its second downsize in a year.
Companies
A2 Milk wins China regulatory approval
The trans-Tasman dairy company’s China ‘refresh’ is gathering pace after Beijing allowed it to produce China-label infant formula for another four years.
‘Shock’ result as builder reports numbers back to pre-Covid levels
Despite housing approvals at their lowest point in a decade, a Queensland builder says it has had an “unexpected” bounce in activity back to pre-Covid levels.
PwC names staff involved in tax leak scandal
The accounting and advisory giant has named four former partners who received tax leak emails – with one quitting his current job almost immediately.
Construction woes to delay Star’s Queen’s Wharf opening
Star Entertainment has revised the opening date for its multibillion-dollar Queen’s Wharf development in Brisbane with the precinct now slated to open next year.
Rescue options for Hills being canvassed
The administrators of Hills are urgently assessing possible restructure or recapitalisation options for the failed business.
Coopers welcomes sixth generation brewer to team
Coopers Brewery has welcomed sixth-generation Iain Cooper into the family-owned business, as it looks to the future with its whisky and microbrewery plans.
How Myer was pulled out of its destructive spiral
The retailer is now much better placed to face what is expected to be a tough few years ahead for consumers.
‘AI won’t outsmart the markets’
Dimensional is the world’s biggest fund manager that you have never heard of. And it is backing markets over machines.
Inside Ramsay’s plan to lift healthcare productivity
Productivity in Australia’s healthcare system is lagging below other big industries including agriculture and manufacturing. Here’s Ramsay’s plan to fix it.
Tabcorp takes control of Melbourne Cup rights
The wagering company has written to the free-to-air networks asking for bids to the biggest horse race in the country, for six years from 2024 onwards.
Work from home bosses ‘losing their edge’
Hostplus CEO David Elia says companies will struggle to build a competitive advantage unless they have staff physically in the office. SEE POLL.
Lucy Turnbull-backed Immutep raises $68m
The immunotherapy-based biotech says it will be able to funds its studies for lung, breast and neck cancer until the first quarter of 2026 after tapping investors for cash.
‘Desperation’ as insolvencies soar across Australia
Company insolvencies across Australia soared by 58 per cent as mounting debt and tough economic conditions took their toll. SEE THE LIST
Parliament to ratchet up pressure on bruised PwC
Parliament’s inquiry into the use of consultants in government returns on Wednesday and disgraced PwC is expected to face a barrage of questioning.
Stop outsourcing, says former EY partner
As PwC faces a significant dent in its government contracts, former EY partner Jim Birch says the government should curtail its outsourcing.
Sayers breaks his silence on PwC scandal
The former PwC Australia boss and high-profile AFL businessman has pledged to co-operate with any investigation into the tax scandal.
Hills placed in administration
A $5.48m court loss has forced once-great Australian manufacturer Hills, which previously made the iconic Hills Hoist, into administration.
Bubs’s China revenue sinks amid boardroom drama
The goat milk-focused infant formula company expects its sales in China to crash to as low as $13.5m this year as its former chief executive calls for all directors to go.
AI firm Complexica snaps up logistics software provider
AI firm Complexica has bought out logistics software firm Wave Systems in an all-cash deal.
Original URL: https://www.theaustralian.com.au/business/companies/page/196