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The South Australian Business Index – an independent ranking of the state’s top 100 companies – will be announced next week, but here’s an early look at the data which contains some bright spots and one particular area of concern.
Safety concerns over the dismantling of a Port Adelaide warehouse have prompted a council to close residential streets, after Safework SA slapped the demolition company with its third prohibition notice in less than six months.
Long-time Adelaide strip club Strats has failed after 25 years on Hindley Street – although its operator insists the venue is only going through a restructure and will continue trading “forever”.
Crows chairman Rob Chapman says the club’s board is aware of his business history with former Fremantle captain Matthew Pavlich, including that he has co-owned a racehorse called ‘Go The Knuckle’ with one of the four men contracted to conduct an external review of Adelaide’s football operations.
Analysis
Households are buying no more than they were a year ago, and the wage share of national income is the lowest since 1964, writes Peter Martin.
South Australia’s top 100 local businesses are set to be announced – and now’s the time to book your ticket to hear this year’s rankings first-hand.
Business
EXCLUSIVE | A recently dismissed SA Trade Department executive, now working for a local medicinal cannabis company, had access to secret information on its competitors, one of them has warned.
Media and marketing
The boss of the state’s tourism commission says the agency’s board was fully engaged with the creation of a controversial promotion that attempts to sell Adelaide to prospective visitors by depicting an old man in tears, saying the campaign has already succeeded in getting “cut-through in a difficult media environment”.
A widely-derided new SA Tourism ad plays to outdated stereotypes about older people that will more likely put them off coming here than convince them to visit, the Council on the Ageing says.
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.
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Business
The long-promised, glittering ambitions of a large-scale medicinal cannabis industry in South Australia are about to be tested, with plans to create more than 1000 jobs at a major new manufacturing facility in Adelaide, writes Bension Siebert.
Business
Richard Turner sits down with InDaily to describe how South Australia could become a global energy powerhouse in a renewed national manufacturing economy – and his post-Zen future.
Business
Adelaide-based ferry and tour operator SeaLink has reported a record $208 million in sales and six per cent growth in underlying profit, despite disappointing results across several of its divisions.
Media and marketing
FIVEaa has taken the latest round in Adelaide’s breakfast ratings battle, overtaking ABC Radio Adelaide in the winter survey.
Local
“Fear of the unknown” amid ongoing uncertainty about the Marshall Government’s looming land tax shakeup is strangling the property market, the sector says, as Treasurer Rob Lucas concedes even his best-case compromise scenario would not be “nationally competitive”.
Business
Sanjeev Gupta’s GFG Alliance has been in discussions with the State and Federal Governments over potential taxpayer support for the Whyalla steelworks, the company acknowledged today.
“SA Health is “refusing” to release documents that would reveal what’s gone wrong at the new Royal Adelaide Hospital and why.
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Business
Adelaide’s rapidly expanding hotel market could lead to a “glut” of empty rooms unless the State Government boosts its tourism spending, hotel groups have warned.
Business
The number of aircraft using Adelaide Airport will increase by more than a third to 168,000 within 20 years, with passenger and freight numbers and pressure on nearby roads all set to jump dramatically under forecasts set out in the airport’s draft masterplan.
News
South Africa’s Woolworths Holdings has written down the value of its David Jones business, declaring that the Australian retail sector is in recession.
Business
Nyrstar’s Port Pirie smelter has resumed full production for the first time since an unplanned outage shut it down two months ago, as the State Government approved the plant’s new ownership after demanding compulsory repayments of a $291 million taxpayer-funded loan by 2022.
South Australia has dropped from fifth to sixth position in the Commonwealth Bank’s national economic survey – but remains ahead of the near-bottom ranking it held four years ago.
CEO of Multicultural Youth South Australia Tamara Stewart-Jones is proving job opportunities for young refugees through her boutique event management company.
Steven Kidd transformed his fit-out company into a national entity that services high-profile clients and spaces.
Simon Palumbo, the co-founder and CTO of Silentium Defence, has commercialised passive radar system technology for defence and civilian use.
Business
Nominations are now open for the South Australian Business Index – InDaily’s annual ranking of the state’s top 100 companies.
Business
Director of The Porch Sessions, Sharni Honor is trying to find innovative ways to help the South Australian music industry thrive.
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*Terms and conditions apply