Brisbane cements role as the nation’s convention capital
Brisbane is continuing to build a reputation as the country’s convention capital with 148 future conferences set to be held in the city over the next few years.
Breaking News
New renewable energy capacity on course to smash forecast
The outlook for new wind and solar generation this year has near doubled, as large-scale zero emission projects materialise and households and businesses bolt on rooftop solar.
Rooftop solar set to have larger capacity than coal by end of 2024
The projections from the Clean Energy Council will swell confidence that Australia can meet its 2030 energy transition targets, but it heightens concerns about inequality.
Aldi gains from Coles-Woolworths pain
Second-tier supermarkets such as Aldi are poised to benefit from souring customer sentiment towards Coles and Woolworths, analysts say.
Asset manager helping Indigenous hook fishing rights
Qantas Super-backed Longreach Maris is introducing a plan to aid Indigenous people access wild-caught fishing rights for species such as mud crab and abalone.
RBA will be late to rate cut party, but it’s on the way
Michele Bullock marked her first year anniversary as the central bank governor with a shift in tone.
Key Smiggle execs follow sacked CEO out the door
As Smiggle, owned by billionaire Solomon Lew, steams towards a possible demerger in January, three of its most senior executives have resigned to follow sacked CEO John Cheston out the door.
Green light for three coalmine extensions
The decision will bolster employment in a region set to be up-ended by Australia’s energy transition, but will stir the ire of environmentalists.
CBA sells stake in Vietnam bank
The bank is further shaving its overseas exposures, offloading a stake in the Vietnamese lender assembled in 2010.
What REA learned from BHP’s London stalemate
Investors are now putting pressure on Rightmove’s London board to take a seat at the negotiating table for the $11bn offer.
Consumers to thank for price probe: ACCC
The competition watchdog has praised consumers for helping to bring on one of its biggest consumer action court cases.
Cettire shares soar after auditor signs off on financial accounts
The luxury online retailer’s shares surged 71 per cent after auditor Grant Thornton signed off on its 2024 financial accounts following a detailed review.
Bendigo Bank’s former chair quietly departs
The former chair of Bendigo Bank David Foster has left the lender months after stepping away from the top job at the scandal-embroiled The Star casino.
Afterpay to launch an in-app cap on spending
One of the world’s largest buy now, pay later services says it will introduce a self-regulated spending limit for customers to help prevent them over extending on impulse purchases.
Web Travel tipped to expand rapidly after the demerger
Market watchers say Web Travel Group can become a high growth operation which is well placed to outperform its competitors.
PwC partners pay hit again as revenue plunges 30pc
The embattled consulting firm has slashed partner pay for a second year running following a sharp fall in revenue for the financial year, which saw employee turnover surpass 30 per cent.
Coal giant warns of return to strikes and lockout in sector
Coal giant BHP Mitsubishi Alliance (BMA) has warned Australia risks returning to an era of lockouts and strikes under Labor’s controversial industrial relations reforms.
‘Date-night economics’ contributing to hospitality insolvencies
The so-called date night for couples appears to be becoming a luxury rather than a necessity and it’s hitting small businesses, triggering insolvencies.
BHP better placed for growth than in years
The mining giant’s balance sheet is in fantastic shape and its growth options are much better positioned than they were just a few years ago, CEO Mike Henry says.
New age for data centres
The need to power artificial intelligence products and changes to cooling methods are changing the face of data centres.
Homes, schools, retail, rail: Mega masterplanned communities set to transform SEQ
Two massive masterplanned communities will transform southeast Queensland with more than 10,000 homes, news schools and rail stations planned.
Consumers key to ACCC’s focus amid supermarket court action
Australia’s biggest supermarkets are under the pump from the competition watchdog, which says it relies on consumer tips to set priorities and kick off investigations.
Govt must act swiftly on ‘cheap’ Chinese batteries
Liberal Senator James Paterson has called on the Albanese government to ‘urgently act’ to protect Australian home batteries and solar systems from potentially explosive cyber security attacks.
Here’s why the RBA won’t buckle
Amid rising political pressure on the RBA to cut interest rates, there’s actually a growing risk that domestic monetary policy will be on hold for longer than currently expected.
Latest Queensland city coming to the Monopoly board
One of the world’s most recognisable board games is aiming to produce an edition based on a Queensland tourism hot spot, and has appealed to locals for their input.
Best years ahead for resource rich North-West province
The impending closure of the Mt Isa smelter does not spell the end of the North-West Minerals Province’s wealth creation potential by a long shot.
Hello sunshine! Barefoot laments his slow embrace of solar
‘Learn from my mistakes,’ says Scott Pape, who is kicking himself for being so slow to take up solar which he now regards as one of the best investments you can make.
Jennifer Westacott on standing up for identity in a different world
Former Business Council boss and uni chancellor Jennifer Westacott was celebrated in Sydney this week for her leadership. But reaching the top as a gay woman has been anything but easy.
Troubled Fletcher weighs its options
Under-pressure Fletcher Building is actively weighing options including tapping investors for capital and divesting its residential and development unit, sources say.
Wirth’s big Myer plan: discipline, data … and stopping thieves
Myer’s recently appointed executive chairman Olivia Wirth has revealed her strategy to return the department store to growth, after the company reported a hefty slide in net profit.
Olivia Wirth’s Myer revival hinges on it all coming together
The former Qantas executive has moved at lightning speed in her first 100 days in charge of the retailer. This is where she wants to take it.
ABC ignored ‘doctored’ audio concerns
ABC boss David Anderson admits the broadcaster’s legal team ignored a letter raising concerns over audio depicting an Australian soldier shooting at unarmed civilians in Afghanistan.
Whyalla blast furnace offline again
The Whyalla blast furnace is again offline, with Sanjeev Gupta’s GFG Alliance unable to say when steelmaking will resume, just a day after the industrialist called for calm.
Airlines spruce up premium cabins as demand for luxury takes off
Australian travellers’ enthusiasm for premium cabins has caught the attention of international airlines, who are now racing to upgrade their products on down under routes.
This $80m beer company co-owned by comedians is no joke
Better Beer might be co-owned by comedy outfit The Inspired Unemployed, but the company is dead serious about taking on the big brewers at their own game.
Expert’s huge call on Aussie interest rates
Leading Australian economists say the RBA will deliver a gift to cash-strapped households in February, but one key player is holding firm on a rate cut this year.
Office orders spark new war in the workplace
While Amazon and Tabcorp’s work from home era is drawing to a close, some are only just getting started, saying flexibility makes staff healthier.
$150m splash on big box boom
Whitmore Property is tapping investors for a new $150m large format retail fund as it looks to capitalise on a booming population and housing pipeline.
Don’t fall into the fixed-rate home loan trap
Rushing to rearrange your mortgage as fixed rates start falling can be dangerous to your future wealth. Here’s why.
WA loosens domestic gas restrictions until 2030
Western Australia will allow new or expanded onshore gas projects to sell 20 per cent of supplies overseas, in a bid to incentivise new production by dangling short-term sweeteners.
Carbon credit price at year high as tighter rules canvassed
The price of Australian Carbon Credit Units is at a year high as consultation opens on new rules which would demand more information about carbon farming projects.
Cheers as giant drinks factory starts production at Ipswich
Suntory’s giant $400m drink manufacturing facility at Ipswich has opened with well-known brands such as V Energy now rolling off the production line.
Bruce Akhurst’s time as Tabcorp chairman was brutal
The wagering giant is fighting to cope with competition, its technology is struggling and shareholders have been critical of its board. The turnaround will be long and difficult.
Salter Brothers plans IPO for $2bn hotels portfolio
Australia’s second-largest owner of hotel rooms is pushing ahead with an ASX listing for its growing accommodation assets.
Future Fund goes too soft keeping corporates in line
Not only is the $290bn fund reluctant to put real heat on listed companies, it is painfully late to the proxy party.
EDO’s secret communications revealed as Santos chases costs
The Environmental Defenders Office is set to hand more documents to Santos, as the company tries to identify who funded a failed bid to block part of its $5.7bn Barossa LNG development.
Mining union penalised $535k over ‘scabs’ row
The Mining and Energy Union has been hit with fines over ‘scab’ signs and verbal abuse of non-union workers during the heated Oaky North industrial action in 2017.
Will the Fed push Australia to take the rate plunge?
The coming months will mark a test over Australia’s bet on so-called “dovish” rate hikes.
Hip-pocket pain of being a long distance footy fan
Airfares have predictably jumped ahead of footy finals this weekend with diehard Port and Cowboys fans the hardest hit.
DJs to launch new app as spring racing lifts sales
David Jones boss Scott Fyfe sees customer purse springs loosening, and hopes to capitalise with a re-imagined in-app loyalty program.
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