Telstra CEO has a chance to set the telco up for decades
Vicki Brady is working up a new plan to prepare the telco for the heavy spending required to meet the massive data wave that’s coming.
Victoria Business
Jobs slashed at Whyalla steelworks amid tough times for sector
GFG Alliance has cut about 50 jobs at its embattled Whyalla steelworks as rumours mount of late payments from Sanjeev Gupta’s global conglomerate.
Cochlear talks up huge pipeline as shares slump on outlook miss
Digital savvy seniors and an expanding body of research on the benefits of hearing to cognition underpin Cochlear’s huge long term growth trajectory, chief executive Dig Howitt says.
ASX chairman must go after trust failure
It never sat well that long time director and now chair Damian Roche was overseeing the ASX boardroom rebuild. Now there are no excuses.
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Gas, not renewables, the ‘main game’ for net zero
Santos managing director Kevin Gallagher says renewables are not the holy grail, as Peter Dutton calls on the industry to stand up and fight.
Copper is becoming the new gold standard
It was Newcrest’s copper-rich gold mines that gave it the extra shine as the US mining giant Newmont circled.
Why the Big Four auditors are never far from scandal
The PwC tax policy leak should be the catalyst to clean up accounting firms. Their basic business model means they’ll never change.
VAC Group directors file for bankruptcy in wake of $40m company collapse
The latest report into the liquidation of a company with sites across Queensland, Victoria and South Australia has revealed some creditors can expect to receive up to 19 cents in the dollar while others will walk away with nothing.
Uh-oh! Rising wages could push interest rates higher
Phil Lowe and everyone with a home loan should be alarmed. The latest wages data suggests that the RBA is unlikely to pause interest rates again in June.
Mahercorp urges clients to back rescue plan
The founder of the Melbourne home builder says if customers pay about 6.5 per cent more their houses can still be completed and subbies will be paid.
Carbon capture projects face reality check
Experts say the technology being extolled as a must for net zero is not a failure, just very challenging and very expensive.
BHP boss readies for next big battle: Productivity
Having secured his $9.6bn Oz Minerals buyout, BHP chief Mike Henry spells out what’s coming next.
Providoor founder says ‘rug pulled out’
Customers of the fine-dining restaurant meal delivery service will be left with $4.4m in worthless vouchers even if liquidators manage to find a new owner.
RBA’s new grim rates warning
The Reserve Bank board has done a U-turn and is now suggesting productivity could stay weak and interest rates continue to climb and stay higher for longer.
Original URL: https://www.themercury.com.au/business/victoria-business/page/199