AusPost turns tables in $1bn battle with big banks
Paul Graham is seizing the moment to keep Australia Post delivering. This time he wants banks to be part of the solution.
Business
Historic hotel hits the market for first time in 40+ years
The freehold for a revamped 95-year-old country Queensland pub is for sale for the first time in more than four decades. Here’s what’s on offer.
Game, set, match: Stokes has bigger ambitions for Boral
Ryan Stokes wants to bring an ‘owner’s mindset’ to the building icon he has been pursuing for more than two years.
TV ‘can’t get free pass’ on cost control: Stokes
The nation’s big broadcasters are feeling the brunt of an advertising downturn and are being forced to respond.
Invisible ASIC has become too big to regulate
The powerful corporate cop is doing too much, and most of it is small fry in a field where unglamorous corporate crime busting has a visibility issue.
Cute European EV big on style but small on performance
The electric version of the pint-size Fiat 500 struggles to compete in the EV realm.
Dutton’s ‘big stick’ sets dangerous tone for business
From energy to supermarkets, Peter Dutton is proving instincts are built on more, not less, market intervention.
Experts tip investment winners for year ahead
The standout performers of 2023-24 were celebrated, but a new financial year brings fresh hope for different types of assets.
Bendigo’s board put costs at centre of CEO challenge
Incoming CEO Richard Fennell will need to quickly prove he isn’t just another product of the Bendigo culture that has had greater tolerance for costs than the bank’s investors.
70+ places, 13 jobs: Plans for new childcare centre revealed
Three old homes would be replaced with a new childcare centre with room for more than 70 children if an application to the Rockhampton council is approved. DETAILS.
CBA prepares to take on Wall Street’s biggest banks
The Australian bank has passed a staggering milestone. Can it continue to defy gravity?
Coal mine fire throws doubt on Anglo rescue plan
Miner Anglo American is fighting an underground fire at its beleaguered Grosvenor mine in central Queensland, in a fresh blow to the company’s safety and operational credentials.
MP warns workers need support as mine reopening ‘unlikely’
The future of one of the major Bowen Basin coal mines is now uncertain as a fire threatens to burn for at least a week. An MP is calling for immediate support for workers and contractors across the industry.
Hot advice: Danger of online product reviews
Want a good electric blanket or other household item? Scott Pape says in an age of fake reviews, there’s one key place to check.
One of the most spectacular EVs you can buy … and it’s fast
This Audi RS e-tron grand tourer looks fast and expensive … yes, you can judge this book by its cover.
Australia must make case for global funds: Citi boss
Citi CEO Mark Woodruff is talking up Australia on the global funds stage with hundreds of billions needed for energy, minerals and housing development.
Myer’s radical plan is all about Solomon Lew
The billionaire retailer is calling all the shots in Oliva Wirth’s audacious bid for the department store to get bigger.
Victoria’s gas crisis a decade in the making
Millions of dollars have been spent exploring what is thought to be a gas-rich region, with little to show but frustration. Victoria needs to encourage new exploration instead of clinging to El Dorado.
Barefoot says diamonds are a rough decision for today’s buyers
Barefoot Investor Scott Pape says diamond rings are decades-long marketing con job, as much cheaper lab-grown stones emerge.
‘Coal, not nuclear’ vs. ‘if it’s safe’: Dutton divides resource region
Community and business leaders in Central Queensland’s resource-rich towns have responded to the Federal Coalition’s pitch for a nuclear power plant near Biloela. It comes as a major solar farm is planned for the same spot.
The $6300 tax break that property investors miss
Real estate investors are battling high interest rates like other borrowers, but many have a way to claw back big bucks.
Most ‘affordable’ seven-seater EV you can buy at $100k
The Kia EV9 Air is a seven-seat SUV all-electric offering which shows how good the future could be.
Why CEOs don’t want Dutton’s nuclear disruption
For business, nuclear represents a solution to a problem that is set to be solved by the time the first reactor is switched on.
Three reasons this interest rate cycle is weirder than usual
Despite thirteen interest rate rises since May 2022 and some economists tipping more by the Reserve Bank board, things are not happening as they should. Here’s why.
Hybrid that has sporty looks but is a miser on fuel
Despite being late to the hybrid party the Hyundai Kona comes with good looks and thrifty ability.
Investors: how to turbocharge your refund
A tax time windfall awaits for investors and small business owners who follow these experts’ end-of-financial-year tips.
The common smartphone app that’s ripping you off
Barefoot Investor Scott Pape says consumers are being overcharged by technology when they pay for things.
‘Can’t even think right now’: Qld woman wins $20k per month for 20yrs
After playing the same numbers for the past two years a Central Queensland woman checked her lotto account and told her boss ‘I have to go’. DETAILS.
‘Sad time for everybody’: Why show will go on despite boy’s tragic death
Ride operators at the Rockhampton Agricultural Show will work their hardest to “put smiles on the faces” of thousands a week after the death of a toddler in their show family rocked the community.
Costello’s exit exposes deeper crisis at Nine
Nine is now moving toward full-blown crisis mode as the media company lacks the authority to deal with its deep-seated cultural issues.
Hail the high-rise: Why going up, not out is crucial for future of Qld city
Too many are holding on to a Hervey Bay that no longer exists with no regard for the consequences of toxic NIMBYism in a city where the wrong kind of growth already risks ruining paradise, writes Jessica Grewal.
Bank merger eyed to combine $17bn in assets
Beyond Bank Australia, P&N Bank and BCU Bank are set to be combined under a plan unveiled as “a merger of equals”.
GDP pain: why we’re already in a two-year recession
By one key measure, Australia is battling through a long-running recession, and new economic numbers suggest it’s getting worse.
Electric benefits but with the backup of a feisty engine
Luxury marque Audi offers short journey electric benefits with a petrol engine back-up in its Q5 SUV.
Why the big four banks’ bullish run is looking wobbly
They’ve starred on the share market in 2023-34, but shares in CBA, ANZ, NAB and Westpac look set for tougher times. Here’s why.
Revealed: Construction of major CQ wind farm at pivotal point
A vital step has been reached in the construction of a new wind farm between Mackay and Rockhampton that will be capable of powering about 189,000 homes per year.
How can companies live beyond 100 years?
Longevity in organisations is rarer than you think. Here are some of the habits of healthy old companies.
Holy guacamole: Can Guzman hold its spicy IPO price?
The Tex Mex upstart says it has cracked the secret sauce for success but with shares set to be more expensive than Domino’s, will investors get bang for their big bucks?
‘170,000L of beer per annum’: Microbrewery plans for Central Qld
The Capricorn Coast could soon have a new option when it comes to getting a cold one, with plans for a new microbrewery lodged with council.
From 1868 with love: Inside grand old Qld hotel’s resurrection
A pub-loving pair behind the restoration of multiple iconic Brisbane buildings has fallen in love with another riverside city, breathing life into three long-closed historic hotels – the oldest of which will open this weekend.
‘Gorgeous views’: Central Qld grazier’s big plans for little farm stay
A Central Queensland cattle farmer has lodged an application with the local council to add camping sites to his property and welcome travellers to his farm.
Watch for bargain deals on this capable and confident SUV
With a new version of the Volkswagen T-Cross SUV coming soon, watch for outgoing model bargains.
Negotiations underway for new shopping centre as site sale looms
A deal is said to be “very close” with a Brisbane-based group interested in purchasing a vacant block of development land for a future shopping centre in Central Queensland. DETAILS.
Overseas shares shine: the top markets for your money this year
Investors are flocking to international shares as global stocks leave Aussie companies in their dust. See where we rank in 2023-24.
Lendlease’s grand plan to bring $4bn back home
The Lendlease boss Tony Lombardo is expected to take a significant step towards reshaping his pressured property play.
Bank branch closures: tougher new plans to stop the pain
Regional Australians worried about banks deserting their towns may get a lifeline from a new government report.
Developer stoush puts $250m Qld marina in limbo, on sale
A fishing village’s chance to become the next Whitsundays is on ice as a $250m development collapses and goes on the market.
How Bendigo is finding its inner challenger to the big banks
Marnie Baker has a plan that will give the regional bank a chance to be all things to customers – and shareholders.
How the mines BHP rejected forged their own path
Nearly a decade on from the messy divorce from BHP, South32 has rebuilt itself. What are the lessons for Anglo American?
A painful warning for economy in Telstra’s job cuts
The telco’s move signals the era of ‘jobs hoarding’ across corporate Australia is finally reaching its end.
Original URL: https://www.thechronicle.com.au/news/queensland/central-queensland/business