Court win for ASIC but Mayfair 101 boss beats some claims
The Federal Court has found James Mawhinney was involved in legal breaches linked to misleading investment products but the Mayfair 101 director did score some wins.
Companies
Anti-Semitism just part of much wider sickness
Special envoy Jillian Segal’s plan to deal with anti-Semitism won’t work unless the community understands she is dealing with a sickness which affects everyone and not just Jews.
$1bn disgrace: An entire planning industry looked the other way
It is bordering on inconceivable that no one from the investment industry, from platform operators to advisers, noticed as Shield and First Guardian went rogue.
Samsung reveals new phones that will help us ‘live longer’
Samsung has unveiled new Flip and Fold phones and a line up of technology it says will revolutionise personal health, helping you live longer. Here’s what you need to know.
Office conversion deals to drive suburban recovery
Sydney’s suburban office markets will recover over five years as offices are converted into apartments and as companies shift back to areas with strong transport connections.
Insane post tax splurge revealed
Australians have already spent this year’s tax return despite the Australian Taxation Office unlikely to issue refunds until late July.
‘Near miss’ port plans to train its own shipping pilots
Nine emergencies in Australia’s most important export waters coincided with WA’s Pilbara Port Authority’s decision to ditch a marine pilot contractor and now a union is circling.
Matter of trust: The next step in hack of Qantas the hardest
Qantas might be on top of the scale of its cyber attack, however the bigger repair job is just beginning.
Peanut capital cheesed off as Bega shuts famed factory
Australia’s peanut capital of Kingaroy is reeling after a decision by food manufacturer Bega to close the close the town’s 101-year old peanut processing company.
Super fund steps up build-to-rent ambitions with $300m deal
Superannuation major Aware is close to buying the Brunswick & Co build-to-rent complex in Brisbane which is expected to change hands for around the $300m mark.
Why rush? RBA fine-tunes its path to rate cuts
The RBA acts with an abundance of caution. Don’t worry, your next rate cut is coming, you’ll just have to wait a little longer.
Origin investors eye windfall as Octopus prepares for break-up
Origin was an early investor in Octopus Energy, now the UK’s largest electricity and gas retailer. As the company mulls a split, shareholders in Origin stand to benefit.
‘Irreconcilable’: Star’s hold on Brisbane is slipping away
Some big names emerged when the call was made for a new casino operator to take over from Star. Now, the backers of Brisbane’s Queen’s Wharf are keen to get moving with a split.
Adobe’s AI to transform the way consumers see ads
Adobe is unleashing powerful new AI agents to autonomously build campaigns, create personalised content, promising to change the way you view ads forever. Here’s what’s coming.
Star’s deal to sell Queen’s Wharf still alive as talks continue
Cash-strapped casino group Star Entertainment has bought itself more time to avert the collapse of a deal to offload its stake in the $4bn Queen’s Wharf precinct in Brisbane.
Heavy hitters back $50m VC fund
Some of SA’s most successful entrepreneurs are backing a new $50m venture capital fund set up to invest in Australia’s ‘under-served markets’ from Adelaide.
SA firm trumps the big boys in monster $100m BHP payday
A family-owned SA trucking company has outbid major transport operators to secure $100m in new contracts with mining giant BHP.
ASIC eyes action as millions lost in collapsed Shield, First Guardian schemes
ASIC is looking at options for holding Macquarie and Equity Trustees to account over failed schemes which 12,000 investors tipped about $1bn into over a two-year period.
Star’s deal to sell Queen’s Wharf still alive as talks continue
Cash-strapped casino group Star Entertainment has bought itself more time to avert the collapse of a deal to offload its stake in the $4bn Queen’s Wharf precinct in Brisbane.
Chanel suffers as even luxury shoppers clutch onto their savings
Well-heeled shoppers from Sydney to New York are baulking at Chanel’s decision to lift the prices of luxury handbags almost 100 per cent, triggering a sharp decline in the designer brand’s sales and profitability.
Independent printer suffers an early blot with new WA press
A new printing press at the heart of WA’s latest media furore has endured a turbulent first week of operation amid a public spat between Seven West and an independent newspaper.
Alarms raised over Victoria’s 9GW offshore wind electricity generation plan
Victoria’s plan for an offshore wind-powered electricity generation industry by 2040 faces a significant risk of being derailed, says the nation’s top clean energy investor group.
Once its edge, Domino’s can’t keep delivering in an Uber Eats world
The global pizza brand was one of the hospitality world’s most advanced thanks to its IT and delivery. New executive chair Jack Cowin says those days are numbered.
Former stockbroker at the pointy end of defending Australia
A decade ago Matt Lucarnus turned his back on his stockbroker career and founded knife manufacturer Zu Bladeworx. Today he supplies combat knives to the Australian Army.
AI dawns as the new frontier in legal fights
Australia mirrors the US in class action trends, and AI washing cases could be on the rise, lawyers and experts say.
Asian warehouse giant sees the tariffs upside
Asian warehouse giant ESR has just been taken private and controls about $1 trillion in assets. Now newly appointed president, Australian executive Phil Pearce, has big plans ahead.
Australia’s iron ore sector pins its hopes to a Chinese rebound
Beijing’s latest supply-side reforms provide some hope for Australian iron ore miners after a brutal financial year in which the materials sector significantly lagged the broader market.
PM’s reform project can’t be a one-hit wonder
The message from business to Anthony Albanese’s challenge is not to overcomplicate the process, but there has to be a real appetite for change.
PM faces CEO reform pledge test at business roundtable
Business leaders have demanded Anthony Albanese delivers a broad reform package at August’s roundtable. ‘Of course the PM should be worried … Why would we want to be the 15th or the 16th or the 17th of anything?’ asked Paul Schroder.
Any takers? Canada pension fund retires from Riverina
One of Canada’s largest pension funds has listed a cropping holding in the NSW Riverina with a price tag of $40m.
Original URL: https://www.theaustralian.com.au/business/companies/page/3