You bloody whopper! Fast food giant unveils new Mackay store
Plans have been lodged to build a new Hungry Jacks drive-through store in Mackay. Find out where and see the designs.
Business
Coal king Glencore rewrites the rules on ESG
Glencore is reframing the debate on coal’s future. Some of Australia’s biggest investors will be quietly cheering the miner on.
Director took client database, intellectual property after business sale
The Sunshine Coast director behind three collapsed companies has been “restrained” from using intellectual property by a Federal Court judge following his conduct in the sale of a separate shed company.
Inside Coles’ mighty $1bn bet on supermarket competition
The Australian got a look at Coles’s ultra-high-tech new warehouse that has just given it the edge over rival Woolworths.
Just how much is the badge worth? The Italian hybrid that pulls heartstrings
Italian brand Alfa Romeo has added some excitement to the realm of hybrid efficiency with its Tonale Veloce Plug-in Hybrid Q4.
Deep dive: Aussie shares thumped by global currents
The reality is Australia is being thumped by an international arm wrestle over interest rates. The sheer weight of global capital being readjusted means investors just need to buckle up.
Could markets see a return of the ‘Fed Put’?
For Magellan’s long-time stockpicker Nikki Thomas, the tech share boom may have run its course for now.
Private credit a path to diversity, returns
Private credit – a burgeoning form of investment – offers myriad advantages to those chasing asset diversification and healthy returns, writes Tim Boreham.
Pool shop, irrigator debt doubles including $100k in tax
As the investigation into the now defunct Think Water and PoolSmartz continues, new details reveal thousands of dollars owed in tax and 18 workers finding themselves unemployed — but not all them were paid out, according to the liquidator.
‘I had full backing of the board’: ex-Star CEO
The confidential submission of former casino boss Robbie Cooke shines a light on the difficult path that needed to be walked with NSW’s powerful casino regulator.
$1.19m owed: Harbour restaurant’s debts ballooned
A Mackay bar and restaurant which shut suddenly in March couldn’t pay superannuation to its family employees with the appointed liquidators claiming it had been insolvent as early as 2021. See how it spiralled.
Private debt can lift returns, ease volatility
Private loans are based on a floating base rate plus a margin to reflect the quality of the borrower. Here’s how their design delivers for investors.
Rex’s failed bet is bad for all of us
There was a simple reason why the regional airline stumbled. And without a capital city challenger, we are all going to suffer.
Process comes last in explosive casino battle
The secret Star report and its full rebuttal offer an extraordinary glimpse of the behind-closed-doors interactions between the regulator and the regulated.
July’s record-breakers: why several Aussie stocks have hit new highs
JB Hi-Fi, the Commonwealth Bank and Wesfarmers are among several stocks to reach fresh records this month. See the list.
Four bids for Star casino jackpot
Interested international parties were circling in recent weeks, with one US player taking a serious look, but a billionaire holds all the cards on the casino’s future.
Comparison test: Verdict is in between hybrid and muscly V6
When it comes to the latest technology, this SUV proves hybrid is a compelling option
FIRST LOOK: New Bruce Highway servo coming to Whitsundays
A new self-service fuel station has been approved for the Bruce Highway in the Whitsundays catering for cars, light vehicles and B-double trucks up to 26m in length.
Gas imports to ease the energy crisis could arrive sooner
The hand-picked boss of billionaire Andrew Forrest’s Squadron Energy will have his work cut out bringing down energy prices.
‘It’s about time’: Minister slams requests for lower royalties
The Queensland Resources Council want lower royalties from the next state government to encourage investment, while Scott Stewart reckons it’s all part of the cost of doing business.
Toll road boss must map new route to grow
Transurban’s Michelle Jablko has given an insight into how she expects to manage the toll road giant as it has started to find limits to its growth in the local market.
Woodside’s big bet on Trump energy trade
There’s good reason why Woodside boss Meg O’Neill is in a hurry to get her planned $1.8bn buyout of a cash-strapped US gas hopeful away.
Whitsundays set to sizzle with proposed ‘discrete’ sex shop
A fourth adult store is proposed for a popular North Queensland tourist town that will feature ‘fun attire’ and costumes as well as ‘wellness accessories’. How you can have your say.
‘Its over’: Airlie Beach icon to shut up shop
An Airlie Beach seafood restaurant which has served more than 1.4 million fish meals over 20 years will be shutting its doors. Here’s why.
Women take the reins on investing
Investment in the share market is no longer dominated by men, especially for people aged under 40, the ASX says.
Meet the woman saving a unique species, and the daughter serving them
In a sleepy North Queensland community, one woman is working to save a unique species on the brink of annihilation… and her daughter is making them into snags.
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.
Qld mining company fined $720k over crushing death, injury
A Queensland mining company has learned its fate after one of its workers was crushed to death just months after another worker suffered a serious injury.
China versus India: where share investors should focus
The stock market popularity contest between the world’s most populous nations has one clear winner, but the future is clouded.
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.
$45m makeover, new precinct design for airport
Mackay’s airport is about to have spending spree and upgrade after securing a $45m windfall. See plans for the new precinct and runway.
OFFICIAL: Major Mackay sporting club to almost double footprint
A major Mackay sporting club has the green light to push ahead on expansion plans that will take place over three stages. See the designs, what’s coming.
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.
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.
LNP pumped plan: Private sector in, more small dams
Queensland’s biggest-ever renewable energy project has been rejected by the LNP in the same week the federal opposition walked away from its 2030 emissions reductions target. Will it hurt or help investment?
REVEALED: Three homes to go in new servo, fast food precinct
A long awaited fast food franchise may soon be coming to a North Queensland suburb, but it will cost the community an iconic servo and three residential properties. SEE THE DESIGNS.
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.
Army of tradies work hard hours to soft launch strip club
What was once a North Queensland town’s first dedicated karaoke venue has been transformed into an adult entertainment venue which the owner says “empowers” their mum dancers, and they’re launching tonight. See inside.
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.
17,000 times size of Gabba: Koala habitat in Qld coal country under threat
The Queensland and the federal government could face an ‘international embarrassment’ of Olympic Games proportions if it continues to approve coal mines which threaten more than 42,000 hectares of suitable koala habitat, a new study has warned
Hydro mega-project under the pump as business case lags
A critical business case set to pave the way for the state government’s centrepiece renewable energy project may not be ready until late 2024, months after initially expected.
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.
Original URL: https://www.thechronicle.com.au/news/queensland/mackay/business/page/3