Trak Cinema. Photo: Tony Lewis / InDaily

Local

New blow for suburban Adelaide cinema

The operator of Adelaide’s august Trak Cinemas has stepped down, with the movie house closed as its owners search for new management.

Business

AMP slashes dividends after profits crash

AMP has flagged a 96 per cent drop in full-year profit and a drastically smaller final dividend after confirming it will set aside another $200 million to cover the cost of customer remediation related to issues heard at the banking royal commission.

Business

Santos forecasts 32% production boost in 2019

Adelaide-based oil and gas company Santos expects 2019 production to rise by up to 32 per cent, boosted by its acquisition of Quadrant assets last year.

Local

Dessert oasis: second sweet spot for Rundle St after East End exodus

South Australian franchise St Louis House of Fine Ice Cream and Dessert will replace the shuttered Max Brenner store on Rundle Street – the second dessert café to open in the East End since an exodus of chocolate shops from the precinct last year.

Business

Airline ditches Adelaide after one year

Regional carrier FlyPelican has abandoned the only direct flight from Adelaide to Newcastle, just over a year after launching the service.