Why Star’s secretive Macau backer is betting big
A secretive investor is friends with Star’s two Hong Kong-based partners, sources say, which could give gaming regulators a new headache if he keeps buying up shares.
Victoria Business
Where property investors selling out of Melbourne are looking
There’s an ‘escalation’ of investors quitting Melbourne as new state property taxes begin to bite. So where are they going?
Cosmetics operator delays bourse listing
Cosmetic injectables clinic operator Stormeur has pushed back its ASX listing as it looks to raise more capital.
How AUKUS is creating big waves on the ground
There are billions earmarked to be spent, and this Perth-based engineer is among those on the front lines of a defence revolution.
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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.
Why the fight against scams just got serious
All banks are now on the hook as the corporate regulator asks ‘how much is enough’ when it comes to protecting customers.
Inside new Westpac CEO’s plan to rebuild the bank
Taking the reins of Westpac on Monday, one of Anthony Miller’s first tasks will be to visit call centre staff – who are the eyes and ears of the banking giant and hear exactly how customers feel.
Unit owner’s shocking $210k loss over 10 years
Not everyone is making a killing on property says Scott Pape, noting some inner city suburbs are struggling with one seller having to cut $210k off the price they paid 10 years ago.
Business bothered by costs, timing
Petter Dutton’s ‘ambitious’ nuclear energy plans would seed confusion into the energy market and potentially deter new investment in the sector business groups say.
Beware the lessons of history on costings: Grattan Institute
Pretty much every major energy project in Australia has run way over budget in recent years, so treat long-term nuclear costings with caution, the Grattan Institute’s Tony Wood says.
Fleet Space raises $150m for minerals exploration ambitions
The company will pursue M&A and hire expert staff following a huge capital raise, as it seeks to revolutionise minerals exploration.
Execs named as ACCC goes after Downer and Ventia for price fixing
Four senior executives at Downer and Ventia have been named in legal action for allegedly colluding on defence contracts worth nearly $10bn during the pandemic.
Piper-Heidsieck pops cork on champagne renaissance
Its first brand ambassador was Marie Antoinette, the last Queen of France, and a new sponsorship deal with the Australian Open tennis will lift champagne brand Piper-Heidsieck’s visibility.
Winemakers sitting on a 200 million litre glut
Australian wineries have an estimated 200 million litre glut of wine in their inventory despite slowing production in the aftermath of a three-year trade stand-off with China.
Original URL: https://www.themercury.com.au/business/victoria-business/page/6