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The ABC has said its budget is simply too tight to afford the $1 million needed to broadcast the 2020 Tokyo Olympics live on radio.
The director of long-time Adelaide roofing company SA Quality Home Improvements, known for its earworm TV ad jingle, has sold the operations of the business and placed the remaining corporate entity under external administration, owing creditors more than $1 million.
Elders’ net profit has slipped 3.7 per cent to $68.9 million, but its suite of new purchases has helped offset drought-ravaged cropping and wool volumes.
NAB will pay a reduced final dividend after its full-year profit dropped 10.6 per cent to $5.1 billion, dragged down by its retail and wealth unit plus $1.1 billion in customer remediation provisions.
Football
SPECIAL FEATURE | While AFL clubs around the country focus on honing their playing lists and coaching panels, Port Adelaide this morning made a key back-room appointment that could turn out to be the biggest signing of its off-season. Could a Chinese-born diplomat who has never set foot at Alberton hold the key to the club’s financial future? Tom Richardson finds out.
The Auditor-General has criticised a series of errors in the administration of a $200 million national taxpayer grants program for regional businesses, including members of an Upper Spencer Gulf approvals committee signing forms meant for North Queensland.
Business
Medibank says claims grew by $21 million more than expected last year and will continue to rise through FY20, driven by higher private hospital payments and prosthesis costs.
Regional Showcase
A South Australian startup that has developed a low-cost technique for making activated carbon from agricultural waste will soon begin a capital-raising round to fund commercial production.
Westpac has cut its dividend for the first time in a decade after its full-year profit fell by 15 per cent to $6.85 billion.
Supermarket giant Woolworths owes 5,700 staff as much as $300 million in underpaid wages dating back over nine years.
AgTech industry experts will meet in South Australia next month to explore how AI, big data, biotech, robotics and other emerging technologies can drive efficiency and combat climate change.
A Federal Court judgment against Westpac yesterday has significant implications for the ways in which firms market financial products to their customers, Adelaide financial law experts have told InDaily.
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Business
An Adelaide health technology company has made its first international sale of an artificial intelligence instrument, which it claims could revolutionise the global medical laboratory industry.
Business
The value of shares in Treasury Wine Estates, owner of Penfolds and Wolf Blass, fell sharply today after chief executive Michael Clarke announced his retirement.
Business
Business SA has lost a years-long legal fight to claw back millions of dollars in payroll tax on the basis of its charity status, with the Supreme Court ruling that promoting private corporate interests is not the same thing as promoting a stronger economy for everyone.
Media and marketing
Seven West Media is to merge with regional affiliate Prime Media in a $63.8 million all-scrip deal that Seven West chief executive James Warburton has called a “game changer” for advertisers wanting to reach both regional and metropolitan Australia.
Business
Adelaide-based Santos has agreed to pay up to $2 billion for the northern Australia business of ConocoPhillips.
Business
A wine bar off Rundle Mall, named the state’s best only last year, has fallen into liquidation.
“Brexit and the China/US trade war are prime examples of why Australia needs to develop its own sovereign space capabilities, says Australia’s SmartSat CRC CEO-designate Professor Andy Koronios ahead of today’s 8th Space Forum in Adelaide.
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Business
Business confidence has crashed to its lowest level in years amid concerns that the economy is stagnating, the latest BDO SA State Business Survey reveals.
Local
EXCLUSIVE | The former head of Uber in South Australia says the state could become as famous for cannabis crops as it is for its wine regions – and he’s lobbying federal politicians to legalise recreational use of the drug across the country.
Business
Today we unveil InDaily‘s South Australian Business Index 2019 – showcasing the state’s top 100 most successful local companies.
Local
Fifteen years ago today, the first edition of The Independent Weekly newspaper was published – a bold move to provide South Australians with an alternative media voice. That project continues today through InDaily. We revisit that tumultuous first edition and talk to the key players who finally broke Adelaide’s media monopoly.
Spending in South Australian stores dropped by 0.5 per cent in July, far exceeding the 0.1 per cent drop recorded nationally, according to Australian Bureau of Statistics retail trade figures released today.
Milk exports to Asia, yoghurts flavoured with indigenous fruits and booming local sales are helping a small South Australian dairy company thrive in a tough market.
BHP has launched a training school at Olympic Dam for people with no experience in mining.
Hills Limited has recorded a “disappointing” result for the 2018/19 financial year, but assures shareholders of better times ahead as it restructures its distribution business and focuses increasingly on the growing health services market.
News
Leasing South Australia’s state-owned diesel generators to two private companies is likely to put downward pressure on electricity prices, an independent energy expert says.
Business
Woolworths has raised full-year profit by 7.2 per cent to $1.75 billion after a robust second-half performance by its Australian supermarkets offset softness at Big W and the liquor division.
Business
Business
Business
Business
Subscribe now and go in the monthly draw* for your chance to WIN a $100 Foodland voucher!
*Terms and conditions apply
Subscribe now and go in the monthly draw* for your chance to WIN a $100 voucher!
*Terms and conditions apply