In the second of his monthly columns on sustainable business in South Australia, Business SA CEO Martin Haese highlights initiatives to remove the need for single-use plastics and how innovative manufacturing will drive demand for alternative products.
Pioneering Adelaide visual effects studio Rising Sun Pictures has been sold to American studio FuseFX, a move which the company says will help it grow.
More than 100 factory jobs will be on the line in Port Lincoln when a food processing company loses a major contract in mid-June.
Sanjeev Gupta’s GFG Alliance says it is closing in on a deal to refinance the Whyalla steelworks, potentially heading off a court bid to wind up its Australian businesses.
Business
Labour shortages during wine vintage in South Australia are stretching beyond the vineyard as COVID restrictions prevent contributions from northern hemisphere winemakers who usually bolster the industry at this time of year.
A plunge in demand for new units and apartment projects in February has lowered SA’s building approvals, despite a record number of grant-fuelled approvals for detached homes.
Business
Kangaroo Island Plantation Timbers has rejected a $20 million offer to buy the majority of its forestry land and use it for farming, saying the bid was “far below book value”.
News
A technique developed by Adelaide aerial mapping company Aerometrex is being used to help New South Wales authorities pinpoint individual addresses and buildings impacted by flooding this month.
Santos has given the green light to its $4.7 billion Barossa project north-west of Darwin, which it says represents the biggest investment in Australia’s oil and gas sector since 2012.
Reports are emerging from the UK that British ministers have rejected a request from steel and mining magnate Sanjeev Gupta, owner of the Whyalla steelworks, for a 170 million pound ($307 million) loan to save his GFG Alliance from potential collapse.
Australians were told at the beginning of the COVID-19 pandemic a year ago that we were ‘all in this together’. But a deep dive into Adelaide’s labour force statistics reveals a tale of two cities, where those living in leafy council areas fared much better on the job front than counterparts in more disadvantaged regions.
Property values in nine out of 10 Adelaide suburbs are on the rise as a perfect storm of low interest rates, government incentives and a lack of supply continues to fuel strong demand in the local housing market.
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Business
An Adelaide manufacturer of hi-tech welding equipment is embarking on a joint project with a huge global player that it hopes will help it gain a foothold in the lucrative defence manufacturing sector.
Business
Streaky Bay Council will not support a plan for a five-hectare oyster lease in a prominent part of its bay and has taken a swipe at the State Government for giving it late notice and a short timeframe to consult with residents.
News
The sale of the historic Johnston Brewery site in Oakbank will settle tomorrow, with winery O’Leary Walker making way for Blackwood business Karkoo Nursery.
News
A surge in new car sales in South Australia in recent months is being matched by an increase in the number and value of car loans as would-be travellers trade their overseas holidays for a new set of wheels.
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Adelaide company Sustainable Infrastructure Systems has signed a deal with a Dutch firm to manufacture lightweight fibreglass bridges and jetties for the Oceania region in the northern suburbs.
News
Live AFL matches on subscription channel Fox Sports are being shown in pubs owned by one of Australia’s largest hotel groups – for now at least – as drawn-out negotiations between the two groups continue.
“The coronavirus pandemic and the looming flood of Baby Boomers into the system is fast-tracking the rollout of technology in aged care to take the sector “from the caveman to the spaceman”.
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The main financier of Whyalla’s steelworks has filed for insolvency in the UK overnight, further clouding the future of the Sanjeev Gupta-owned plant.
Business
The share price for SA-based mental health treatment startup Bionomics has doubled in the past month, as the company looks to raise $20 million in capital ahead of its upcoming PTSD drug trial.
News
Adelaide-based company Axiom Properties Limited will sell a 10ha slice of a major Mt Barker housing estate to retirement village developer Living Choice.
News
The electric bike industry is booming in South Australia, with much of the demand being driven by an unexpected demographic – retirees.
The COVID-19 vaccine rollout could present ethical and legal headaches for employers faced with developing vaccination policies for their staff, as lawyers warn of grey areas for any business which decides its workers are required to take a shot.
A lack of reliance on exports to China, a booming UK retail market and the “outstanding success” of its new alcohol-free wine range is paying dividends for listed wine company Australian Vintage Limited.
Facebook is starting a new program to support serious journalism – with South Australia’s InDaily one of the first publishers to negotiate a deal with the global tech giant.
Transport and tourism operator SeaLink Travel Group has announced a $32 million profit for the first half of the financial year, driven by its newly-acquired Australian and international bus business.
Australia’s world-first news media bargaining code will soon be in force after legislation passed through both houses of federal parliament.
News
Qantas suffered a billion dollar-plus loss in profits in the first half of its trading year, dogged by both domestic and international travel restrictions due to the coronavirus pandemic.
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The University of South Australia’s Women in MBA Scholarship is helping women advance in traditionally male-dominated sectors.
