Adelaide-based copper miner Oz Minerals has agreed to buy into one of Australia’s largest undeveloped open pit copper-gold deposits in the north-east of SA, opening the door for a potential $405 million payday for a small local exploration company.
While the Australian government continues to debate its climate policy, an environmental startup in Adelaide is calculating the cost of climate change on investments.
South Australia’s premier executive appointments column tracking the movements of those driving the state’s public and private sectors. Plus the latest executive recruitment opportunities.
Our resident demographer takes a look at Australia’s perennial pressing issue and finds some answers in the stats.
Business
In this week’s briefcase, a $20 million space manufacturing node will be established in Adelaide, Port Adelaide marketing agency Refuel Creative expands into the US and e-invoicing provider Link4 lands its first major council deal.
The share price of Maggie Beer Holdings has fallen sharply on the back of its struggling dairy businesses including SA-based Paris Creek Farms, which are now listed as ‘non-core’ assets.
Business
Australia’s largest listed wine company Treasury Wine Estates has unveiled its new $165 million production facility in the Barossa, which it claims to be the “largest premium winemaking site in the Southern Hemisphere”.
News
Business confidence in South Australia remains the highest in the nation, according to a new monthly survey, but the state’s business conditions remain below the national average.
Homeowners squeezed by rising interest rates are being warned to brace for even more financial pain, with further rate increases set to push up mortgage bills and reduce property prices over the next two years.
Petrol prices have risen for a third week in a row across Australia as global factors undermine the Morrison government’s much-touted temporary cut in fuel excise aimed at easing cost of living pressures.
Westpac has posted a 12 per cent drop in first-half cash earnings to $3.1 billion, on the back of competitive pressures in the home loan market and increased provisions for bad debts.
Australia is investigating a digital currency, or e-dollar, but its benefits seem slight and the risks to privacy large, writes Nafis Alam the Head of the School of Business at Monash University.
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Analysis
As early voting opens today, our resident demographer looks at how economic gaps in electorates makes it almost impossible for pollies to truly represent voters.
Business
South Australia’s premier executive appointments column tracking the movements of those driving the state’s public and private sectors. Plus the latest executive recruitment opportunities.
Business
Retail spending in Australia reached a record turnover in March against the backdrop of rising prices and eased COVID-19 restrictions, with South Australia the only state to record a fall.
Business
Almost 19 out of every 20 properties in Adelaide increased in value by more than five per cent in the six months to February this year, new real estate data shows, as analysts await the impact of the Reserve Bank’s first interest rate hike in more than a decade.
News
Qantas is preparing to launch the world’s longest non-stop flights from Sydney to London, Paris and New York in 2025.
Business
South Australia’s premier executive appointments column tracking the movements of those driving the state’s public and private sectors. Plus the latest executive recruitment opportunities.
“The world’s richest man Elon Musk will be the new sole owner of Twitter after an agreement was reached for a $US44 billion ($61 billion) takeover that would make it a privately held company.
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Business
We wade through the technical notes of the federal budget to find the interesting bits, so you don’t have to.
Business
The first national study of working arrangements in Australia since government work-from-home directions were lifted shows post-pandemic office life is going to be dramatically different to what existed before, says John L Hopkins and Anne Bardoel at Swinburne University of Technology.
Business
Flooding in eastern Victoria during a planned shutdown at its Gippsland processing plant has stifled Cooper Energy’s production, potentially costing the Adelaide-based company millions in lost sales.
News
Yorke Peninsula has become a real estate hotspot as country South Australia takes the mantle for the fastest growing regional house prices in the nation.
South Australian IT company Solutions + will open a Brisbane office this year after expanding to Perth and doubling its Adelaide workforce to 30 in 2021.
In this week’s briefcase, Silentium Defence partners with two US organisations to develop technology to monitor natural disasters from space, Core Lithium’s boss announces his departure and Adelaide prepares for an inaugural real estate industry conference.
South Australia’s premier executive appointments column tracking the movements of those driving the state’s public and private sectors. Plus the latest executive recruitment opportunities.
A $3.5 billion bidding war is emerging for Adelaide-headquartered telecommunications provider Uniti Group, which is causing its share price to spike.
News
South Australia’s population is shrinking as the number of people moving interstate hits a record high, according to the latest ABS data.
Local
The Hurley Hotel Group has lodged plans to build a $30m hotel with accommodation suites and rooftop bar at Panorama to replace its Tonsley Hotel which will be demolished to make way for the South Rd upgrade.
