Business
South Australian technology company Codan Limited has announced a record half-year profit of $30.4 million on the back of booming sales of its hi-tech metal detecting and communications equipment.
News
Entrepreneurial Adelaide company Eyre to There Aviation is planning to be Australia’s first manufacturer of electric aircraft after signing an agreement with a European designer.
Get InDaily in your inbox. Daily. The best local news sent straight to your inbox every workday at lunchtime.
Thanks for signing up to the InDaily newsletter.
Young people continue to bail out of increasingly expensive private health insurance, leaving a smaller, ageing pool to pay more. Despite industry claims the exodus puts extra pressure on public hospitals, the real pressure is on private health providers, argues Stephen Duckett.
The boss of HSBC has announced the bank’s biggest change in years, as it prepares to reduce its headcount by approximately 35,000 jobs around the world.
BHP has announced a A$7.3 billion attributable profit for the first half of the 2020 financial year, up 29 per cent on the same period last year, netting shareholders the second highest dividend in the company’s history.
Supermarket giant Coles is the latest major retailer to be caught up in an underpayment scandal, with the company expecting a $20 million hit after underpaying managers at its supermarkets and liquor division over the past six years.
Ford will commit $500 million to the Australian market in 2020 and is likely to hire more staff as global automotive giant General Motors prepares to quit by the end of the year.
