OROTON GOES CLICKS AND BRICKS AS PROFITS SLIDE

OROTON GOES CLICKS AND BRICKS AS PROFITS SLIDE

TWO former Aussie lawyers have turned their passion for fashion into a $15 million dollar international business six years after launching The Daily Edited via Instagram.

Alyce Tran and Tania Liu reportedly met working at a top law firm in Perth where they bonded over sartorial inspiration.

The pair became fashion industry tycoons this wee...

Read More...
MANTRA'S SHARE PRICE SURGE INDICATES 'SUITORS ARE CIRCLING' THE HOTEL GROUP

MANTRA'S SHARE PRICE SURGE INDICATES 'SUITORS ARE CIRCLING' THE HOTEL GROUP

THE rumour mill surrounding a high-level takeover of Mantra Group (ASX: MTR) is in full production with its shares surging more than 12 per cent on Tuesday, prompting a formal denial by the hotel group.

The latest name linked to a takeover is the Marriott Group and they've been added to other potential buyers including the InterContinenta...

Read More...
CAN GOOGLE RECOVER FROM GLOBAL CONTROVERSY OVER ITS PROGRAMMATIC ADVERTISING SYSTEM?

CAN GOOGLE RECOVER FROM GLOBAL CONTROVERSY OVER ITS PROGRAMMATIC ADVERTISING SYSTEM?

IT'S the story that has rocked the world of advertising. The lucrative Google (NASDAQ: GOOGL) advertising system is under the microscope as blue chip clients in the UK, US and Australia boycott the search engine giant.

The boycott signals a growing backlash against 'programmatic trading', which automates the buying and selling of ...

Read More...
CYCLONE DEBBIE FORCES MINE, RAIL AND PORT CLOSURES AS IT WREAKS HAVOC IN QUEENSLAND

CYCLONE DEBBIE FORCES MINE, RAIL AND PORT CLOSURES AS IT WREAKS HAVOC IN QUEENSLAND

COAL and gold mines in north and central Queensland are being seriously impacted as ex-Cyclone Debbie moves inland, dumping heavy rain as a tropical low after making landfall on Tuesday as a Category 4 system.

The massive storm system is now moving slowly south-west after making landfall as an intense cyclone between Airlie Beach and Bow...

Read More...
FLYING START TO 2017 PASSENGER NUMBERS FOR GOLD COAST AIRPORT

FLYING START TO 2017 PASSENGER NUMBERS FOR GOLD COAST AIRPORT

RECORD numbers of travellers used the Gold Coast Airport (GCA) in January this year, continuing a five-year trend of growth for the facility owned by Queensland Airports Limited.

More than 624,000 passengers used the airport in January as a primary departure or arrival station, an increase of 1.7 per cent on the same time last year.

...

Read More...
SUNCORP SAYS IT'S 'COVERED' AGAINST FINANCIAL COST OF CYCLONE DEBBIE

SUNCORP SAYS IT'S 'COVERED' AGAINST FINANCIAL COST OF CYCLONE DEBBIE

INSURER Suncorp (ASX: SUN) says it is "well protected" against the financial impact of Cyclone Debbie thanks to its main catastrophe program and the purchase of an additional cover.

As the category three cyclone intensifies and heads towards the north Queensland coast between Townsville and Mackay causing forced evacuations, th...

Read More...
WHY A JUNIOR MINER DECIDED TO JOIN THE RANKS OF THE HOT POT STOCKS

WHY A JUNIOR MINER DECIDED TO JOIN THE RANKS OF THE HOT POT STOCKS

USUALLY, when a relatively unknown explorer experiences a sharp spike in its share price, it means they've found something valuable in the ground or they're about to start digging it up to sell.

So, when Queensland Bauxite (ASX: QBL) jumped 114% to a high of 3 cents last week it seemed logical to assume the company hit some &quot...

Read More...
HARVEY NORMAN HITS OUT AT 'FALSE NEWS' OF ASIC INVESTIGATION

HARVEY NORMAN HITS OUT AT 'FALSE NEWS' OF ASIC INVESTIGATION

RETAIL giant Harvey Norman (ASX: HVN) has vehemently rejected reports its accounts are under investigation by ASIC, saying the corporate regulator is completing a "routine review" of its books.

The company released a statement to the ASX on Thursday night in response to reports in the Sydney Morning Herald and the Australian Financi...

Read More...
RARE GOOD NEWS FOR SLATER AND GORDON AS ASIC CLOSES INVESTIGATION

RARE GOOD NEWS FOR SLATER AND GORDON AS ASIC CLOSES INVESTIGATION

ASIC has cleared Slater and Gordon of deliberately falsifying its accounts after a three-month investigation.

It stemmed from Slater and Gordon's high-profile acquisition of UK firm Quindell, which was a disaster for the Melbourne-based firm, which has lost 98 per cent of its market cap in two years.

The investigation centred on the ac...

Read More...
Q & A WITH FACEBOOK GURU ANDY MCKEON AS HE JOINS AUSTRALIAN SOFTWARE COMPANY LIVETILES

Q & A WITH FACEBOOK GURU ANDY MCKEON AS HE JOINS AUSTRALIAN SOFTWARE COMPANY LIVETILES

HE was creative director at Apple under the legendary Steve Jobs, and is now a senior Facebook executive. In his newest gig, Andy McKeon has joined the board of ASX-listed enterprise software company LiveTiles (ASX:LVT) in a major coup for the company.

Under Steve Jobs, he helped launch the iPhone, iPad, Mac and iOS software.

At Fac...

Read More...
EAST COAST PROPERTY BOOM BUILDS PROFITS FOR BRICKWORKS

EAST COAST PROPERTY BOOM BUILDS PROFITS FOR BRICKWORKS

AUSTRALIA'S residential property boom has helped drive a sharp rise in first half earnings for Brickworks (ASX: BKW), which booked a record net profit after tax of $104.1 million up 35 per cent on the prior corresponding period.

The country's largest maker of bricks and tiles posted its best ever first half revenue of $428.9 million (...

Read More...
COLLINS SUPERSIZES IN EUROPE WITH PURCHASE OF 16 KFC RESTAURANTS IN THE NETHERLANDS

COLLINS SUPERSIZES IN EUROPE WITH PURCHASE OF 16 KFC RESTAURANTS IN THE NETHERLANDS

COLLINS Foods (ASX:CKF) has stepped up its European expansion through the purchase of 16 KFC restaurants in the Netherlands for 62.3 million (AU$87.7m) from Yum! Brands.

The deal includes a development agreement with Yum! which sets out a pipeline of 20 new Collins-owned KFC restaurants in the Netherlands by 2021.

It follows the com...

Read More...
CSIRO HELPS DEVELOP AUSTRALIAN PHARMA COMPANY FROM $10 MILLION TO $305 MILLION

CSIRO HELPS DEVELOP AUSTRALIAN PHARMA COMPANY FROM $10 MILLION TO $305 MILLION

GOVERNMENT backed scientists have helped multiply the market value of a previously small Australian pharmaceutical company by 30 in seven years.

Medical Developments International Ltd (ASX: MVP) has increased in worth from less than $10 million dollars in March 2010 to more than $306 million at time of press.

The company makes Penth...

Read More...
FROM SECOND HAND MOTORCYCLE DEALER TO LEADER OF THE PACK

FROM SECOND HAND MOTORCYCLE DEALER TO LEADER OF THE PACK

MOTORCYCLE Holdings (ASX: MTO) founder and managing director David Ahmet (pictured below) says he often gets asked whether motorbikes are fad, and how long their popularity will last.

Ahmet's standard answer is, 'well they've been around for 100 years and I don't see why they won't be around for a bit longer'.

...

Read More...
NUFARM SHARES SURGE TO FIVE YEAR HIGH ON BIG TURNAROUND

NUFARM SHARES SURGE TO FIVE YEAR HIGH ON BIG TURNAROUND

After a heavy loss in 2015 because of major restructuring, crop protection company Nufarm (ASX: NUF) has swung to profit for the six months to December 31.

The Brisbane-based agricultural chemical company booked net profit after tax of $20 million, after a loss of $91 million from the same period in 2015 which was mostly due to more than...

Read More...
VILLA WORLD TAPS MARKET IN $80m CAPITAL RAISING TO RAMP UP GROWTH

VILLA WORLD TAPS MARKET IN $80m CAPITAL RAISING TO RAMP UP GROWTH

Residential property developer Villa World (ASX: VWL) is ramping up its growth strategy on Australia's east coast "hot spots" with an $80 million capital raising venture.

The Gold Coast-based company, which develops and sells residential land and buildings mostly in Queensland, NSW and Victoria, is looking to grow its inven...

Read More...
UP TO $150,000 FOR START-UP ENTREPRENEURS VISITING THE QANTAS CAPTAIN'S CABIN

UP TO $150,000 FOR START-UP ENTREPRENEURS VISITING THE QANTAS CAPTAIN'S CABIN

LIKE kids in economy invited to visit the pilot's cabin, start-up entrepreneurs and their older, worldlier siblings, scale-up bosses, are being offered a seat up front at Qantas.

"We're proud of our track record as innovators and early adopters and we think there's much more to come, so we're asking Australian and interna...

Read More...
FORMER EXECUTIVES AND DIRECTORS OF DICK SMITH TO FACE LEGAL ACTION OVER COMPANY COLLAPSE

FORMER EXECUTIVES AND DIRECTORS OF DICK SMITH TO FACE LEGAL ACTION OVER COMPANY COLLAPSE

EIGHT former senior company leaders who worked for Dick Smith are being sued in connection with the high-profile collapse of the electronics chain which left $400 million owing to creditors.

Former CEO Nick Abboud, ex-CFO Michael Potts, and former directors Bill Wavish, Phil Cave, Rob Murray, Jamie Tomlinson, Robert Ishak and Lorna Raine are ...

Read More...
VIRGIN-HNA ALLIANCE GETS PRELIMINARY APPROVAL

VIRGIN-HNA ALLIANCE GETS PRELIMINARY APPROVAL

VIRGIN Australia's proposed alliance with HNA Aviation, Hong Kong Airlines and HK Express has been given interim approval by the ACCC.

If the final ruling, due in May or June, is positive, the Brisbane-based airline will commence direct flights between Australia and Hong Kong and Australia and China, which it will codeshare with HNA.

T...

Read More...
IS MANTRA GROUP IN THE SIGHTS OF ASIAN INVESTORS?

IS MANTRA GROUP IN THE SIGHTS OF ASIAN INVESTORS?

Mantra Group (ASX:MTR) is rumoured to be a takeover target, with Asian investors and the InterContinental Hotel Group linked to the Gold Coast based hotel group.

The Australian is reporting that the speculation is taking place as major international hotel operators search for growth opportunities in Australia.

Mantra is considered a prime ...

Read More...

EVENTS COMING UP

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter