Sydney lending firm enters voluntary administration
Sydney-based BNPL company Procuret has gone into voluntary administration, with a sale or recapitalisation now being considered.
Victoria Business
Trump and Melania crypto coins tank on inauguration day
The newly launched $Trump and $Melania “meme coins”, backed by the US President and his wife, tanked spectacularly on the day of his inauguration.
Last-ditch bid for gold mine at Adelaide Hills winery fails
A proposed gold mine at Bird in Hand – next to a number of feted Adelaide Hills wineries – appears doomed after a last-ditch legal challenge failed.
Carlton deputy refuses to back Sayers amid X-rated pic probe
Carlton’s board is consumed with the scandal surrounding its chair Luke Sayers, with speculation mounting he may be replaced.
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Top Aussie companies’ push to tackle child abuse crimes
From suspicious hotel check-ins to employees viewing child sexual abuse material at work, Australia’s top businesses are calling for stricter action across all sectors.
Industry funds ill prepared for ‘peak super’
As the superannuation sector’s value passes the $4 trillion barrier, it is nearing the moment where more cash will come out of the system than go in.
Franchise Council calls for unity after steep loss
The Franchise Council of Australia has called for unity after a shocker of a year in which it posted a steep loss and “serious concerns” were raised about its performance.
Crown backs Victoria’s pokies crackdown
Crown Melbourne has backed the Victorian government’s moves to introduce the nation’s strictest gaming machine rules, including slashing load-up limits.
Major South Australian dairy company to close
About 150 jobs will go at South Australian dairy outfit Beston Global Food Company after the collapsed business failed to attract a buyer to resurrect it out of administration.
Nurses challenge Ramsay Health Care on pay
Ramsay Health Care says it will need to reignite talks with insurers on payouts if wage costs blow out, as angry NSW nurses challenged the company’s board over pay.
‘Do no more harm’: CEOs make their election pitch
The notion of an Elon Musk-style regulation buster with authority to drive changes would be welcome relief here.
SG Fleet opens books to PEP after $1.2bn bid
SG Fleet has opened its books to Pacific Equity Partners following a $1.2bn takeover bid for the fleet management and novated leasing provider.
First home buyers cop it over APRA’s crisis-era footing
It’s a big call by the bank regulator to use its boom time instrument to keep highly-restrictive settings on housing lending where no crisis exists.
Pro Medicus ‘should consider’ share split, chairman says
Pro Medicus is expecting years of strong growth, says managing director Sam Hupert, despite already booking huge growth over the past few years.
Original URL: https://www.themercury.com.au/business/victoria-business/page/14