ASIC’s failure is it has become too big to regulate
The nation’s powerful corporate cop is doing too much, and most of it is small fry.
Tasmania Business
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.
CBA prepares to take on Wall Street’s biggest banks
The Australian bank has passed a staggering milestone. Can it continue to defy gravity?
Maydena Bike Park operators taking Tassie vibes to mainland
After hosting the Red Bull Hardline event last summer, Maydena Bike Park managing director Simon French has announced fresh plans to export “MPB good vibes” to the mainland.
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.
Game time for UTAS team
We do a lot in Tasmania, but did you know we make video games? Here’s the newest game hitting the market, made with the brainpower of UTAS students.
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.
Biotron may be superhero for HIV patients
A drug which could make a huge difference to HIV-1 infected people has returned promising results – driving up biotech Biotron’s share price by 15 per cent.
Chariot gears up for summer lithium blitz at Black Mountain
Chariot Corporation has resumed hard rock lithium exploration at its Black Mountain project in Wyoming as the 2024 North American summer season kicks off.
US oil producer Brookside Energy’s profits set to gush: analyst
Research house MST Access has initiated coverage on Brookside Energy, one of the few ASX companies in the North American oil and gas sector with a valuation 5x its share price.
Three ASX firms driving decarbonisation
Several ASX companies are focused on reducing CO2 emissions through their technologies and products. Here are just a few.
FMR refreshes itself into an exploration junior
Backdoor-listed onto the ASX, former software stock Applyflow has made way for Canadian copper explorer FMR Resources.
HGO ups Kanmantoo copper output 22pc
Hillgrove Resources has increased copper production from its Kanmantoo underground mine in South Australia by 22% to 1025t in June.
How the Oldest Bank in the U.S. Is Looking Ahead
Robin Vince, president and CEO of BNY, speaks about the bank’s new initiatives and long history.
Surprise claim as AI to create 200k jobs
Thousands of Australian jobs in the AI sector could be created this decade, but major issues remain unanswered.
Labor’s long-awaited Future Made in Australia bill finally introduced
Sky News Business Reporter Edward Boyd says Treasurer Jim Chalmers has introduced the first trench of the Albanese government’s Future Made…
Paramount and Skydance close to new merger deal
US media executive Shari Redstone has reportedly reached a preliminary agreement to sell her controlling stake in Paramount Global to a company…
‘Unfair’: Worker’s wild WFH nightmare
An IT worker was sacked after refusing to return to the office after the Covid-19 outbreak, but now the plot has thickened.
Online bookseller Booktopia collapses into voluntary administration
Online book retailer Booktopia has been placed into voluntary administration, with McGrathNicol appointed to run the business.
ASX 200 ends the day up by 0.28 per cent on Wednesday
The ASX 200 ended the day up by 0.28 per cent on Wednesday, says Sky News Business Reporter Edward Boyd.
Bombshell report exposes big Aussie problem
Australia’s corporate regulator has been absolutely eviscerated in parliament as a major change looms.
ASX gains on record highs on US markets
Elon Musk becomes $10bn richer overnight, as US gains filter through to the Australian market in trading on Wednesday.
Chinese Imports Are Rising Again. Here’s What It Means for U.S. Jobs
Cheap Chinese goods helped keep inflation low in the early 2000s, but at the cost of U.S. manufacturing. As those imports surge again, here’s…
The Missing $49 Million
An Aussie fraudster, a secret in the Bible, and a treasure hunt for the truth. Hundreds of trusting investors were left penniless by Alan Metcalfe,…
‘Rippling effect’: 3000 companies collapse
It’s a brutal time for Australia with businesses being smashed by hard times — and once sector is copping it worse than any other.
‘Big shock’: APA Group to take $145m impairment after Qenos closure
Sky News Business Reporter Edward Boyd says the closure of the Qenos plant in Botany was a “big shock” to the industry.
Bargain hunters turn out for early sales
The ABS has released its latest data on retail trade and building approvals, and the numbers show a boost for the Aussie economy.
Online book giant on brink of collapse
Beleaguered online book retailer Booktopia has appointed voluntary administrators after it failed to secure further funding.
‘Cracks showing’: Rate rise threat looms
A growing list of experts now fear the Reserve Bank will hike rates next month, which could have big consequences for millions of Aussies.
Aussie fashion brand collapses owing $35m
The high-profile Australian fashion label dressed the likes of Taylor Swift and Dua Lipa but has recently fallen on hard times.
1400 jobs in limbo as mine fire burns
A fire at a major coalmine has caused hundreds of workers to be sent home and their futures are uncertain.
Decline in construction apprenticeships flags concern for housing crisis
The number of new home builds could plummet as the number of construction apprenticeships decline.
Wall Street markets see ‘solid gains’ overnight after scratchy start
CommSec’s Tom Piotrowski says the US and European markets had “mixed results” overnight.
‘How do you live here?’: US host rips Sydney
Former Fox News host Tucker Carlson has weighed in on one of Australia’s most contentious issues, days after blasting a journalist as “stupid”.
Dick Smith lends support to Coalition’s push for nuclear energy
Australian Businessman Dick Smith has lent his support to the Coalition’s push for nuclear energy.
Authorities preparing for potential solar activity threats
Australian authorities are preparing for potential attacks from the Sun.
ASX 200 rises; retailers slip
May retail sales, building approvals higher than expected. ACCC’s interim nod to Armaguard save. Booktopia enters administration. AusSuper’s ‘solid’ returns. APA flags $145m Qenos hit.
Popular chain’s surprise new menu item
The beloved pizza chain is turning up the heat with this surprise new flavour.
Original URL: https://www.themercury.com.au/business/tasmania-business