There are two roads ahead for Star, both lead to dead ends
NSW pulled the pin on Star’s much-needed financing deal leaving Star boss Steve McCann with limited options. This is what comes next.
Toowoomba Business
‘Cash is not king’: Bank boss reveals future of money and why branches must close
While a small section of the community clings to cash, the rest of us have moved on and banks need to adapt to this changing behaviour.
Where’s my RBA rate cut? Blame Trump’s tariffs
Australia’s central bank is trying to war game how tariffs will impact inflation and global growth. The real answer is it doesn’t know.
Want to join the gold rush? Read this first
A golden run for the popular precious metal has sent it soaring to record highs, and investors seeking a slice have several options.
Capitalism has ‘failed too many’: Larry Fink
The BlackRock boss has put forward a defence for globalisation as he argues markets hold the key to creating more evenly distributed wealth.
‘Feels fantastic’: Opening date set for new Officeworks, Starbucks
Toowoomba’s new home of Officeworks is opening soon, and the national tenant will be joined by a few more recognisable brands. Details here:
The ‘critical’ role $223m quarantine hub played in city’s Olympic dream
One of the most controversial projects in Toowoomba’s history reportedly played a key role in helping the city realise its Olympic dream — according to the man who owns it.
Richard White shown how it’s done in the boardroom
A new Qantas chairman is quietly rebuilding a board dogged by scandal. The tech billionaire should take notice.
Should you buy into boring stocks right now?
Telstra, Woolworths, Coles and Origin Energy are among the companies that may be worth a closer look as share markets struggle.
ASX up as tariff day nears; MinRes sued
Trump’s tariff chaos and Star’s desperate search for cash have markets on edge, while MinRes faces a lawsuit.
Heads roll at the FDA as staff purge intensifies
A reported 3500 US Food & Drug Administration staff are headed for the guillotine, as part of the Trump administration’s broader purge of the health bureaucracy.
Could this $8.5m goldie be the next 10 bagger?
Seneca Australian Small Companies Fund thinks Strata Minerals and its Penny South gold project could be a takeover target for neighbour Ramelius Resources.
More Business News
This rare market signal warns of crashes – it’s flashing now
This rare market signal that’s appeared before six of the biggest stock market crashes in history is back and it’s sounding the alarm, writes ASX Trader.
Share tips amid Trump and federal election uncertainty
Headwinds are piling up for investors in the coming days and weeks. Here are our experts’ stock tips to buy, hold and sell.
Tariffs won’t derail ‘golden era’ of US: Blackstone boss
The powerful Wall Street investor says markets need to hold their nerve and focus on the long term opportunities powering the world’s biggest economy.
How Macquarie has long moved on from AirTrunk
Investment bank Macquarie is about to crack the $1 trillion mark in assets under management, pitting it against some of Wall Street’s biggest names.
Hollow Treasurer runs from an almighty tariff fight
Jim Chalmers may have declared victory on the economy but after four budgets there’s plenty of risks and few answers to Australia’s big challenges.
‘A moment in time’: Hardie pays up for the American dream
James Hardie is betting it all to hitch itself to a new growth business. The test is whether the combination can prove to be more valuable than going it alone.
When Buffett says sell, this undervalued asset skyrockets
It’s likely the most undervalued asset in the world right now, with prices cheaper than they were in the 1980s. But this commodity is poised for a major move in 2025, writes ASX Trader.
Alternatives to buying bank shares
This week’s share tips columnists focus on a couple of finance stocks that could outperform Australia’s struggling banks.
Is Solomon Lew breaking up with fast fashion?
The retailing billionaire offers clues over his next big bet. This time, apparel is likely to be left on the rack.
Big Blue: Meet the CEO who’s thinking laterally
A small buyout of a Perth operator has big global implications for Cleanaway, a company better known for collecting household waste for councils.
WiseTech’s Richard White is now untouchable
If the WiseTech boss was another chief executive, he’d be long gone. Instead, a weak board had delivered a predictably weak response to his actions.
Gupta can’t hide financial secrets from Whyalla mess
OneSteel was never really a business under Sanjeev Gupta’s ownership. Steelmaking was just a by-product of the magnate’s financial engineering.
Gupta ‘stonewalling’ Whyalla steel probe
Administrators will turn their investigation to the ‘complex web’ of deals between the magnate and the collapsed steelmaker.
Bumper profit for New Acland after greenies drop legal challenge
The New Acland mine is on track to hit its 2027 target of extracting 5 million tonnes of coal per year as it posts profits across the board.
Getting the band back together: Behind banking’s extraordinary day
A series of cascading executive moves in one day, including a high-profile defection, are reshaping the top of the nation’s banks.
‘Printing cash’: The hidden opportunity in gold price explosion
Gold prices have soared in recent times but there may be a heavily discounted opportunity hiding in plain sight that is literally printing cash, writes ASX Trader.
Share tips in a stock market slump
This week our Share Tips columnists have chosen large, quality companies as turmoil strikes Aussie and global stockmarkets.
Nearly 1000 jobs: $450m Qld plan for ‘green’ steel mill revealed
Nearly 1000 jobs could be supported by a $450m plan to build Queensland’s first steel mill in three decades in a regional city. Here’s why its founders say the project stacks up:
Agribusiness dishes out hard lessons from tariff pain
Throughout the history of food trade, tariffs have followed. That’s why its worth listening to the cooler heads at the farm gate.
Tariff trauma’s personal for NAB chief Andrew Irvine
The boss of big-four bank NAB has more skin in the game than most in Donald Trump’s tariff war. There are also lessons for Australia out of this.
How looming super changes will impact you
Superannuation changes are on the way, battlelines have been drawn for the election, and experts say it pays to be prepared.
Investment winners: why women are making more money than men
No longer playing second fiddle to male money moves, females are firing up as investors and beating the blokes, new figures show.
Stock market bloodbath: Will Central Banks pivot to prevent recession?
As trade wars and stock market sell offs spark fears of economic meltdown, all eyes are on Central Banks and if they’ll pivot quickly enough to prevent a recession, writes Craig Tapping.
‘We’re back baby’: Iconic franchise gets chicken back on the menu
Super Rooster is back in action, after supply chain issues forced its early closure on Wednesday after running out of chicken.
Cracks starting to appear in Trump’s economy
If the first casualty of trade wars are markets, Donald Trump’s tariffs are a stunning form of economic self-harm.
When stock markets collapse, this asset usually soars
Alarmed investors worried about years of ‘dead money’ if global markets collapse can look to history for answers – and one asset often thrives in a downturn, writes ASX Trader.
Will fixed income finally shine? It may depend on Donald
Recent years for bond investors ranged from average to terrible, and uncertainty continues, but alternatives are multiplying.
Uneven fight: Can this green banker win against Trump?
It’s the most uneven match up. Canada is betting it all on a former central banker with almost no political experience to take on Donald Trump’s tariffs.
Inside the mission to pull Star casino back from the brink
Project Antares was the radical plan CEO Steve McCann had quietly been working on for months. It fell into place just as the casino was about to run out of cash.
Stock market slump creates fresh opportunities for investors
Our share tips columnists have delivered their buy, hold and sell recommendations in a stock market battling a nasty downturn.
Original URL: https://www.thechronicle.com.au/business/toowoomba-business