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REBRANDING AND RESTRUCTURING LIFTS HELLOWORLD TO SOLID FY RESULTS

REBRANDING AND RESTRUCTURING LIFTS HELLOWORLD TO SOLID FY RESULTS

HELLOWORLD Travel Limited (ASX: HLO) has posted a profit before tax of $31 million for FY17, an 800 per cent increase of $27.6 million compared with the prior year on the back of restructuring and stronger branding. The Sydney based travel group recorded strong growth across all key figures, including profit after tax of $21.5 million com...

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THE MOTHER OF THREE WHO HAS SHARK TANK'S ANDREW BANKS AND STEVE BAXTER FIGHTING TO INVEST WITH HER

THE MOTHER OF THREE WHO HAS SHARK TANK'S ANDREW BANKS AND STEVE BAXTER FIGHTING TO INVEST WITH HER

NOT every entrepreneur on Shark Tank Australia convinces the 'sharks' that their business is worthy of investment, but mother of three Lauren Martin has big hitters Andrew Banks and Steve Baxter competing for her idea.

Lauren and her daughter Lily pitched their 'Wish U Were Here' dolls to Shark Tank, which are customised ...

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CORPORATE TRAVEL MANAGEMENT NOTCHES UP 23 YEARS OF CONSECUTIVE GROWTH

CORPORATE TRAVEL MANAGEMENT NOTCHES UP 23 YEARS OF CONSECUTIVE GROWTH

CORPORATE Travel Management (ASX: CTD) has reported its strongest ever full-year results, with a net profit increase of 42 per cent to $67 million thanks to strong growth across Europe and the US as well as Australia and New Zealand. The Brisbane-based company's underlying EBITDA of $98.6 million, a 43 per cent increase on the previou...

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REPORTING SEASON WRAP: TUESDAY HIGHLIGHTS

REPORTING SEASON WRAP: TUESDAY HIGHLIGHTS

* BHP Billiton (ASX: BHP) reported full year net profit of $7.42 billion compared to a $8 billion loss in the previous year, and trebled its final divided to 54 cents a share. Revenue for the year rose 30 per cent to $48 billion.

* Amcor (ASX: AMC) more than doubled its full year profit to $752 million, while annual revenue dropped 3.4 per ce...

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GREENCROSS PLANS MORE IN STORE VET CLINICS ON THE BACK OF A 21.5 PER CENT PROFIT RISE

GREENCROSS PLANS MORE IN STORE VET CLINICS ON THE BACK OF A 21.5 PER CENT PROFIT RISE

VETERINARY services provider Greencross Limited (ASX: GXL) has reported an increase in profit of 21.5 per cent to $42 million, as its strategy of moving its vet clinics inside its petcare stores starts to pay off. Greencross, the parent company of Petbarn, City Farmers, Animates, and Greencross Vets, posted results for the 53 weeks to 2 J...

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GOLD COAST BUILDING INDUSTRY SET FOR 'MAJOR SHAKEUP', INSOLVENCY FIRM SAYS

GOLD COAST BUILDING INDUSTRY SET FOR 'MAJOR SHAKEUP', INSOLVENCY FIRM SAYS

MORE than 84 Gold Coast construction businesses are at high risk of insolvency with more than 3.7 per cent of the total industry facing financial failure within 12 months, according to new data by a specialist accounting firm.

SV Partners, which specialises in insolvencies, says the Gold Coast construction industry could be in for a majo...

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INTERNATIONAL PASSENGER NUMBERS HELP SYDNEY AIRPORT POST GROWTH ACROSS ALL DIVISIONS

INTERNATIONAL PASSENGER NUMBERS HELP SYDNEY AIRPORT POST GROWTH ACROSS ALL DIVISIONS

SYDNEY Airport (ASX: SYD) has posted a first half profit rise of 4.4 percent to $166.6 million, thanks to a rise in international passenger numbers. The airport processed 21 million passengers in the six months to June 30, up from 20.2 million from the previous year, with international travellers increasing by 7.7 per cent and domestic up...

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HOW TO LEAD A BETTER BUSINESS WITH YOUR PARTNER

HOW TO LEAD A BETTER BUSINESS WITH YOUR PARTNER

PEOPLE say that starting your own business is one of the greatest challenges you can face. Edward and Rebecca Plant, partners in life and business, have taken that statement to the next level. Together the Plants run a coaching program called Lead a Better Business which helps couples build sustainable and profitable businesses that creat...

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DARK DAYS AHEAD FOR AUSTRALIAN RETAIL AS REPORT FORECASTS MAJOR INDUSTRY ROUT

DARK DAYS AHEAD FOR AUSTRALIAN RETAIL AS REPORT FORECASTS MAJOR INDUSTRY ROUT

ALMOST 1,600 retail businesses are at risk of imminent collapse, including 21 major retailers with turnovers of more than $50 million annually, according to a specialist insolvency firm.

SV Partners says this represents a 12.6 per cent increase on its previous report when 1,413 retailers fell into this category.

The findings come during a ...

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GOODMAN TAKES PROFIT AND REVENUE DECLINE BUT LOOKS TO CASH IN ON AMAZON'S ARRIVAL

GOODMAN TAKES PROFIT AND REVENUE DECLINE BUT LOOKS TO CASH IN ON AMAZON'S ARRIVAL

Commercial and industrial property group Goodman (ASX: GMG) has reported underlying full year net profit has dropped 39 percent to $778.1 million, however it has forecast a growth in earnings as investors bet that it will benefit from Amazon.com's planned entry into Australia.

The company's net profit for the 12 months till of the end...

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REPORTING SEASON WRAP: MONDAY HIGHLIGHTS

REPORTING SEASON WRAP: MONDAY HIGHLIGHTS

* FORTESCUE Metals (ASX: FMG) reported net profit after tax (NPAT) of $2.64 billion for the year to June 30, up from $1.24 billion from the previous year on the back of strong iron ore prices. Revenue for the year rose 19 percent to $10.65 billion.
  * G8 Education (ASX: GEM) announced NPAT of 23 percent to $30.5 million for the pr...

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ARIADNE CUTS DEMANDS FOR FOUR ARDENT BOARD SEATS TO TWO AHEAD OF EGM

ARIADNE CUTS DEMANDS FOR FOUR ARDENT BOARD SEATS TO TWO AHEAD OF EGM

REBEL shareholders have reduced their demands on embattled theme parks operator Ardent Leisure (ASX: AAD) to give them four board spots, after the company acknowledged there was a need for board renewal.

Ariadne Australia (ASX: ARA), Ardent's largest shareholder, was pushing for one of its executives, Gary Weiss, and three other of its ow...

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LANDMARK SYDNEY OFFICE TOWER SELLS FOR $252M

LANDMARK SYDNEY OFFICE TOWER SELLS FOR $252M

ONE of Sydney's most iconic officer towers has been sold to a Singapore-based real estate group for $252 million.

The 24-level commercial officer tower at 66 Goulburn Street, above Sydney's Masonic Centre, was sold by GDI Property Group.

The prominent corner building offers a total net lettable area of 23,124 square meters and is l...

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VITA GROUP POSTS STEADY RESULTS DESPITE ROUGH YEAR

VITA GROUP POSTS STEADY RESULTS DESPITE ROUGH YEAR

IT'S no secret Vita Group (ASX: VTG) has had a testing year, however the company has still managed to deliver steady financial results. Vita Group, the consultative sales organisation which owns several Telstra outlets, boosted its revenue by five per cent to $674.6 million and its net profit margin by three per cent to hit $39 millio...

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KOGAN BREAKS FORECASTS IN ITS FIRST YEAR OF PUBLICLY LISTED TRADE

KOGAN BREAKS FORECASTS IN ITS FIRST YEAR OF PUBLICLY LISTED TRADE

RAISING the bar high in its first year as a publicly listed company, Kogan.com (ASX: KGN) has smashed its forecasts across the board to deliver a net profit after tax of $3.7 million, up 362 per cent on its previous year. The company, which began as an electronics retailer, has now expanded into markets including mobile, travel and insura...

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CAMPLIFY MOTORS INTO THE UK MARKET

CAMPLIFY MOTORS INTO THE UK MARKET

CARAVAN hire and RV sharing community Camplify has made its move in the European market, establishing its first operations in the UK. The Airbnb-style peer-to-peer camper sharing platform was given a $1.75 million leg up in Australia earlier this year when it was partially acquired by listed giant Apollo Tourism and Leisure (ASX: ATL). ...

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COCHLEAR R&D INVESTMENT DRIVES NEW PRODUCTS AND BOOSTS PROFIT AND REVENUE

COCHLEAR R&D INVESTMENT DRIVES NEW PRODUCTS AND BOOSTS PROFIT AND REVENUE

COCHLEAR (ASX: COH) has boosted its 2017 full year net profit by 18 percent to $223.6 million and has forecast further double-digit growth for FY18 as it rolls out a range of new products.

The world's biggest hearing implant maker grew its sales revenue by seven per cent to $1.2 billion, while earnings before interest and tax rose 20 per ...

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WESFARMERS BOOKS BUMPER PROFIT BUT SUPERMARKET WAR HITS COLES' BOTTOM LINE

WESFARMERS BOOKS BUMPER PROFIT BUT SUPERMARKET WAR HITS COLES' BOTTOM LINE

SUPERMARKET giant Coles has posted its biggest slide in earnings since it was acquired by Wesfarmers (ASX: WES) 10 years ago as it faces intense competition from Woolworths and German chain Aldi.

Wesfarmers revealed Coles' earnings plunged 13.5 per cent to $1.61 billion which is the first earnings decline since it acquired the business in...

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TREASURY WINES UNCORKS SWEET $269M PROFIT DESPITE INVENTORY WOES

TREASURY WINES UNCORKS SWEET $269M PROFIT DESPITE INVENTORY WOES

REVEALING the fruits of its past year of labour, Treasury Wine Estates (ASX: TWE) has posted a 55 per cent increased net profit result of $269.1 million for FY17. The company reported EBITS growth across all its domestic and international markets with Asia and the Americas its star earners, amassing $150 million (up 47 per cent) and $189 ...

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TATTS GROUP POSTS PROFIT AND REVENUE DROP ON FEWER JACKPOTS AND BAD WEATHER FOR RACING

TATTS GROUP POSTS PROFIT AND REVENUE DROP ON FEWER JACKPOTS AND BAD WEATHER FOR RACING

TATTS Group (ASX: TTS) has posted a full year net profit loss of 5.7 percent and a revenue decline of 8.4 per cent as it absorbs some of the cost of its controversial planned merger with Tabcorp Holdings (ASX: TAH).

The gaming company's net profit for the financial year to 30 June 2017, came in at $220.5 million which is down from $233.7 ...

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ANALYSTS PREDICT WHAT AUSSIE LIVING IS LIKELY TO BECOME IN THE NEXT CENTURY

ANALYSTS PREDICT WHAT AUSSIE LIVING IS LIKELY TO BECOME IN THE NEXT CENTURY

AS THE Australian population continues to grow, analysts are predicting what the country is likely to look like within the century. Research conducted by IKEA Australia in its People & Planet Positive Report shows that the headcount is likely to reach 70 million in the next hundred years, but only a fraction of the current population ...

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VILLA WORLD POSTS FOURTH CONSECUTIVE PROFIT GROWTH AS IT EXPANDS INTERSTATE OFFERING

VILLA WORLD POSTS FOURTH CONSECUTIVE PROFIT GROWTH AS IT EXPANDS INTERSTATE OFFERING

RESIDENTIAL property developer Villa World (ASX: VLW) has posted its fourth consecutive full-year profit growth, announcing a $37.8 million net profit after tax, up 12 per cent on the previous financial year. The Gold Coast-based company generated a revenue of $386.8 million off the back of continued sales momentum as well as delivery of ...

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UNDER-FIRE AVEO DOUBLES FY PROFIT, SHARES SURGE NEARLY 10 PER CENT

UNDER-FIRE AVEO DOUBLES FY PROFIT, SHARES SURGE NEARLY 10 PER CENT

SHARES in retirement village operator Aveo Group (ASX: AOG) have surged 10 per cent after announcing its profit after tax had more than doubled in the 2017 financial year.

Aveo Group was at the centre of a Four Corners/Fairfax investigation in June which alleged the company engaged in poor practices including the charging of excessive fees thr...

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SEVEN WEST REPORTS MASSIVE LOSS AND CUTS CEO TIM WORNER'S PAY PACKET BY $450K

SEVEN WEST REPORTS MASSIVE LOSS AND CUTS CEO TIM WORNER'S PAY PACKET BY $450K

SEVEN West Media (ASX: SWM) has posted a full-year loss of $744.3 million and cut CEO Tim Worner's pay packet by $450,000 as the company reported nearly $1 billion in writedowns and one-off costs.

Worner's bonuses have been cut to zero with his 2016 salary dropping from $3.19 million to $2.74 million with other Seven West Media execut...

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HOW MAKING MISTAKES AND PASSION SCORED WEIGHT LOSS PARTNERS A DEAL WITH SHARK TANK'S JANINE ALLIS

HOW MAKING MISTAKES AND PASSION SCORED WEIGHT LOSS PARTNERS A DEAL WITH SHARK TANK'S JANINE ALLIS

THEY partnered up to provide a scientific and targeted approach to dieting, and Kate Save and Geoff Draper cut Shark Tank's Janine Allis in as an equal business partner for $200,000.

The founders behind Be Fit Food, which has been doubling business month-on-month, created a prepackaged food business based around ketogenic diets, whic...

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JULIAN ASSANGE HEADLINES PROVOCATIVE ROUND TABLE TO DISCUSS HOW WE CAN CHANGE THE WORLD

JULIAN ASSANGE HEADLINES PROVOCATIVE ROUND TABLE TO DISCUSS HOW WE CAN CHANGE THE WORLD

CALLING all disrupters, thinkers, activists and provocateurs.

What would you change about the world you live in? If you could implement a rule, law or protocol to bring this change to fruition, what would it be?

Join some of the world's most compelling thought leaders and cultural performers for two days of stimulating speeches, expert...

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NEXTDC BUILDS UP ITS WAR CHEST AS TAKEOVER BATTLE FOR DATA CENTRES INTENSIFIES

NEXTDC BUILDS UP ITS WAR CHEST AS TAKEOVER BATTLE FOR DATA CENTRES INTENSIFIES

NEXTDC (ASX: NXT) has agreed to $300 million three year syndicated senior secured debt facilities with National Australia Bank as it continues with its takeover offer for the Asia Pacific Data Centre Group (APDC).

The new deal will replace NEXTDC's existing $100 million undrawn senior secured debt facility, also with NAB.

NextDC announ...

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DOMINO'S SHARES TAKE A HIT AS FY RESULTS FALL SHORT OF EXPECTATIONS

DOMINO'S SHARES TAKE A HIT AS FY RESULTS FALL SHORT OF EXPECTATIONS

Domino's Pizza (ASX: DMP) has boosted its full year net profit by 24.8 per cent to $102.9 million, but its share price has taken a battering as its full year results fell short of its guidance provided early this year.

At around 10.40am (AEST) DMP shares were down by 15 per cent to $43.49 even though it reported double digit sales growth ...

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BLUE SKY DOUBLES PROFIT AS INVESTOR BASE AND ASSETS INCREASE

BLUE SKY DOUBLES PROFIT AS INVESTOR BASE AND ASSETS INCREASE

AN enlarged investor base coupled with a big increase in assets under management has driven Blue Sky Alternative Investments (ASX: BLA) to a full year profit of $25.6 million, an increase of 56 per cent on the previous year. The Brisbane-based investment company's FY17 report revealed assets under management (AUM) had risen to $3.25 b...

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AUSTRALIA'S LARGEST MARKETING CONFERENCE SET TO SHOWCASE INTERNATIONAL INDUSTRY LEADERS

AUSTRALIA'S LARGEST MARKETING CONFERENCE SET TO SHOWCASE INTERNATIONAL INDUSTRY LEADERS

THE ASSOCIATION for Data-driven Marketing and Advertising (ADMA) has announced the finalised list of speakers for its Global Forum.

The two-day conference will be held in Sydney on 24 and 25 August with the aim of bringing together global leaders and visionaries in industries ranging from marketing to space exploration.

CEO of ADMA ...

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