‘Ticking time bomb’ threat in betting ad ban plan
A ban on betting ads looms, but a recommendation to ban bonus bet and odds boosts offers, along with other inducements, could be an even bigger hit to racing and the wagering industry.
Companies
Fortis site hit by collapse of builder
The builder for the Fortis flagship restoration and rebuild of Gaden House in Sydney’s Double Bay has filed for liquidation after a sudden failure last week.
Daigou market still critical, says Bubs challenger
Australian infant formula brands lost millions of dollars from the collapse of the daigou market, but ex-A2 Milk boss Peter Nathan says it would be foolish to ignore Chinese resellers.
Labor restricts $2bn seed fund to ‘large’ hydrogen projects
The government’s plan to spend billions creating a new energy industry faces criticism as stringent rules for what projects are eligible for cash is revealed.
Viva’s bid to win over ACCC in $1.15bn OTR deal
Viva Energy is offering to sell most of its Coles Express sites in Adelaide in order to win ACCC approval for its $1.15bn acquisition of the OTR chain.
Why gold always glitters for mining legend
Decades after running mining companies, Ron Manners, 87, is now pursuing his passion for free market economics. But nothing will compare to pouring his first gold bar.
20 Aussie AI companies to watch
While GPT4 dominates the headlines when it comes to artificial intelligence, there’s plenty of AI work going on in Australia. We’ve looked at 20 of the emerging bright lights.
Snowy Hydro close to contract with WeBuild
An agreement between Snowy Hydro and WeBuild is close as the two parties work through compensation claims by the Italian developer of more than $2bn.
Why big business is staying silent over Voice debate
Business should have a legitimate say on both sides of the referendum debate without the fear of political or social blowback.
Bubs to spend upwards of $1m on China registration
The goat milk-focused formula company says it’s a costly and risky task with no guarantee that it will gain Beijing’s approval.
Cbus upgrades returns as recession odds grow
Rebounding from losses in the last financial year, Cbus super fund beat rivals despite property headwinds and new fears about the economy.
Magellan suffers another large funds outflow
The once high-flying global funds manager reported a net outflow in funds under management of 35 per cent, or $21bn, in the last year.
The Aussie-owned Scotch launching at $95k a bottle
Bladnoch’s inaugural ultra-rare collection of whiskies will include a 1966 release of 15 bottles known as the McClelland.
The big themes shaping Australia’s $300bn fund
Australia’s biggest pot of investment funds is quietly reshaping its vast investment portfolio to navigate a choppy year ahead.
Starlink and beyond for Telstra
The nation’s largest telco has its eyes on additional satellite providers as it prepares for a future in which handsets connect directly to satellites.
Warwick Gold briefly placed in receivership
David Catsoulis’s Warwick Gold Holdings, which is talking up the multi-billion dollar potential of a newly acquired Queensland project, briefly slipped into receivership last month.
Childcare fees soar ahead of inflation, wages
The cost of childcare is racing ahead of wages and inflation to place further pressure on household budgets, according to the competition watchdog.
Russia sanctions halts Tigers Realm privatisation plan
Directors of Tigers Realm Coal, which has mines in Russia, have put their plans to take the company private on hold.
Scyned, sealed and delivered – the ex-judge aboard Allegro offshoot
Allegro has announced retired federal Court judge Andrew Greenwood will be newly created Scyne’s first independent director.
US giant makes $1.6bn takeover tilt for Costa
If approved by Australian regulators, Costa could be the latest Australian agri company to be taken by an overseas buyer.
Original URL: https://www.theaustralian.com.au/business/companies/page/198