Business

Thu 22 Aug 2019

Coles’ profits take major hit in first report

premium_icon Coles’ profits take major hit in first report

Supermarket giant Coles has suffered a rough start to the year, recording a sharp drop in net profit in its first few months as a stand-alone company.

Nine's post-merger profit rises on digital

Nine's post-merger profit rises on digital

Nine Entertainment has lifted its net profit in the first full-year result since its merger with Fairfax Media in November.

Flight Centre profit edges up

Flight Centre profit edges up

Flight Centre says it full-year profit has edged up 0.1 per cent to $263.8 million.

Qantas' FY profit falls 17% on fuel, forex

Qantas' FY profit falls 17% on fuel, forex

Qantas is buying back more shares despite its full-year profit falling 17 per cent to $1.302 billion on higher fuel costs and a weaker Aussie dollar.

Reject Shop slips to FY loss on writedowns

Reject Shop slips to FY loss on writedowns

The Reject Shop has swung to a full-year loss of $16.9 million following writedowns and disappointing sales.

Incredible new feature on lifesaving drone

premium_icon Incredible new feature on lifesaving drone

A MAJOR drawback which plagued surf lifesaving drones has finally been fixed, with a new model wowing audiences when it was unveiled on the Gold Coast today.

Fraudster pulls out of prestigious awards

premium_icon Fraudster pulls out of prestigious awards

A convicted fraudster who launched a charity helping homeless women has made a last-minute withdrawal from one of the state’s most prestigious industry awards.

Nuclear for Ipswich to combat growing carbon emissions

premium_icon Nuclear for Ipswich to combat growing carbon emissions

Swanbank is one 10 sites in Queensland touted for a nuclear power station after a lobby group summit.

Local inventor in running for national award

premium_icon Local inventor in running for national award

Innovate frame designed in the Whitsundays up for an AusMumpreneur Award.

Wagners reports $10m drop in profits after price dispute

premium_icon Wagners reports $10m drop in profits after price dispute

AN ONGOING pricing dispute with construction giant Boral was a major contributor to a drop in profits in 2018/19 for Toowoomba company Wagners.

Huge $2.1b Brisbane project stuck in limbo

premium_icon Huge $2.1b Brisbane project stuck in limbo

It was billed as a gamechanger that would transform a slice of Brisbane’s CBD into an entertainment magnet and attract the best in the world, but the $2.1 billion...

Old doll house turned castle set for heritage listing

premium_icon Old doll house turned castle set for heritage listing

A medieval castle originally built to house dolls is set to be recognised as an icon of the region, after almost 50 years of operation.

Wed 21 Aug 2019

Full list of creditors owed money in JM Kelly Group collapse

premium_icon Full list of creditors owed money in JM Kelly Group collapse

The collapse of Queensland builder JM Kelly Group last year costs more than 200 jobs and left creditors owed about $50m.

Accountant banned over allegedly falsified building reports

premium_icon Accountant banned over allegedly falsified building reports

A Coast accountant has been banned from providing advice to the Queensland Building and Construction Commission about licensed builders.

QBCC bans `complacent’  accountants

premium_icon QBCC bans `complacent’ accountants

Queensland’s building watchdog has produced a list of accountants it no longer wants to deal with because of complacency issues.

How this dad stole $94,000 from our regional jobs scheme

premium_icon How this dad stole $94,000 from our regional jobs scheme

A Queensland courier driver used a sophisticated system to steal $94,000 from a scheme designed to get regional Queenslanders working.

South-east hire company in ‘unusual’ liquidation

premium_icon South-east hire company in ‘unusual’ liquidation

AFTER seven court adjournments the business was placed under the control of a liquidator, who admits the company’s situation is unusual.

‘Weak as piss’: Minister unloads as company quits Adani

premium_icon ‘Weak as piss’: Minister unloads as company quits Adani

A minister has taken an extraordinary swipe at Aurecon and urged the industry to ‘shun and shame’ the company - for one decision.

The police car of the future revealed

The police car of the future revealed

Kia Australia has given a glimpse of what the police car of the future can do, and the bad guys better watch out.

Surprising 20km Medicare rule you need to know

Surprising 20km Medicare rule you need to know

A DANGEROUS assumption about Medicare is costing Australian holiday-makers thousands. Here’s where they’re getting caught out.

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