Circular economy could return billions with the right action
Australia can add $26bn to the economy over the next decade if it embraces circular economy principles, but there’s still plenty of work to do.
Victoria Business
Legal action considered over SkyCity’s money laundering
A litigation funder is considering bringing a legal action against former SkyCity directors and executives over breaches of money laundering laws at the Adelaide Casino.
Minister’s private hospital forum a ‘dud’, peak group says
The government’s latest attempt to shore up the ailing private hospital sector is a ‘dud’ that will do nothing to prevent further closures, the sector’s peak group says.
Dollar’s wild ride shows risks of playing with RBA fire
Jim Chalmers’ big shake-up of the central bank is a convenient distraction but unlikely to change the path of interest rates.
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Portland aluminium smelter locks in power until mid-2035
Alcoa of Australia has locked in power supplies for its Portland aluminium smelter out to mid-2035, with a new deal with AGL providing more security for the future of the operations.
AFL grand final’s biggest audience in eight years with 4m viewers
The nation’s TV ratings service, OzTAM, delivered the TV ratings more than seven hours late but it was a top result for key AFL free-to-air broadcaster Channel 7.
Pallas offloads $20m stake in Melbourne foundry site
Sydney property player the Pallas Group has taken $20m in preferred equity on a Melbourne suburban site after failing to sell the project.
Increase R&D tax incentive cap, says Cochlear boss
Cochlear chief executive Dig Howitt says Australia needs to increase the research and development tax incentive threshold and dust off a Morrison government-era plan.
Beyond bank deposits: where retirees can stash their cash
Seniors have plenty of options to save money and tax by watching their nest eggs closely during life after work.
Bank slide doesn’t stop experts’ “sell” recommendations
Was it a hiccup or worse? Bank shares slumped last week but the nation’s number one lender is still seen as too expensive to buy.
The hidden flaw in Steve McCann’s plan to rescue Star
The reality is, the new CEO has very few levers to pull as the casino struggles to trade out of its mounting problems.
Top Shelf International suspends shares amid funds crunch
Spirits maker Top Shelf International has suspended its shares from trade as it investigates funding options and asset sales to underpin its viability.
Anglo coal sale could be wrapped up by year’s end
Anglo American’s Queensland steelmaking coal auction could be wrapped up by the end of the year, and the company says damage from the fire at Grosvenor appears to be limited.
SA Premier keeping close eye on Whyalla steelworks
South Australia’s Cabinet will travel to Whyalla to canvass community concerns around GFG Alliance’s beleaguered steelworks, which the Premier says can’t be allowed to fail.
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