DigiCo shares slump as year’s biggest float plunges
HMC Capital founder David Di Pilla’s dreams of a global data centre empire appear to have been shattered as investors dub the company ‘DodgyCo’.
Companies
Why the fight against scams just got serious
All banks are now on the hook as the corporate regulator asks ‘how much is enough’ when it comes to protecting customers.
Aspen to expand Coorong Quays development
Aspen will apply to expand a retirement village on Hindmarsh island after buying a parcel of land from aged care magnate Viv Padman.
Inside new Westpac CEO’s plan to rebuild the bank
Taking the reins of Westpac on Monday, one of Anthony Miller’s first tasks will be to visit call centre staff – who are the eyes and ears of the banking giant and hear exactly how customers feel.
Day one in the job and Westpac’s new boss prioritises simplicity
New Westpac chief executive Anthony Miller has prioritised technology in order to simplify the bank’s business and says a national effort’s needed to help Australians buy a home.
Jury’s out on benefits of super funds’ internal management
Is the huge drive by many of the nation’s industry superannuation funds to bring investment management of shares and other assets in-house working for members?
Founders to ride golden wave from Chemist Warehouse deal
Health and retail powerhouse Chemist Warehouse could contribute six members to the Richest 250 list under its proposed reverse takeover of Sigma Healthcare, new documents show.
Artificial intelligence helps software adapt to customers
American tech entrepreneur Spenser Skates has a stirring vision for the future of artificial intelligence.
For me to know, and you don’t need to: Chaney coy on early Christmas gift to himself
Wesfarmers chair Michael Chaney’s Christmas just got a bit merrier after he cashed in $2.8m in shares but he’s not sharing how he plans to spend it.
GPT funds hit the retail expansion trail
The listed group is shaking up its flagship office and retail funds that control about $14bn worth of the country’s best towers and malls.
Developer demands more federal funding for Olympics
A veteran Queensland property developer says the federal government must put more funds into the 2032 Olympics as cost blowout predictions grow.
‘Don’t waste crisis, seize the moment to act on reforms’
Our annual poll of Australia’s business leaders lays out a vision that can pull the nation out of its low-growth future. But it will need a team effort.
Star loses Gold Coast CEO in latest blow to recovery
Troubled Star Entertainment Group has been struck another blow with the resignation of the chief executive of its Gold Coast property only three months after he joined the company.
Despite data centre hype, DigiCo’s debut drop rings alarm bells
The year’s biggest float has flopped on its ASX debut when investors sold off HMC Capital’s DigiCo trust and the lack of support could have ramifications for the data centre frenzy.
Invest in training to boost productivity: Australia Post CEO
Paul Graham says improving Australia’s skills base and digital literacy will help enhance productivity.
Eyes on the US and the Trump effect
Corporate Australia will be watching the impact of a Trump presidency, with those operating in the US expecting to benefit from a pro-business regime despite the prospect of tariffs hitting the global economy.
Gone in 95 days: Star boss in shock resignation
The new CEO of The Star Gold Coast has quit less than 100 days into the job. Read more
Invest now to be ready for AI era: Telstra CEO
Vicki Brady says policy and regulation need to support long-term investment in infrastructure so Australia can realise the benefits of a digital future.
South32 a big winner as WA backs down on greenhouse gas policing
South32 had told the WA government that 1700 jobs were at risk if it proceeded with regulating greenhouse gas emissions.
Interest rates need to fall to support economy: Scentre CEO
Elliott Rusanow says interest rates need to be ‘materially lower’, and the lack of affordable housing in bit cities is a ‘handbrake’ on labour market efficiency.
Original URL: https://www.theaustralian.com.au/business/companies/page/4