Articles

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.

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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...

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ADELAIDE DIGITAL MARKETING GURUS CHANGING THE FACE OF ONLINE RETAILING

ADELAIDE DIGITAL MARKETING GURUS CHANGING THE FACE OF ONLINE RETAILING

Frank Grasso, CEO of Adelaide based Dynamic Creative, believes his company's new software will revolutionise Adwords forever.

Google's Adwords has been a staple of online marketing campaigns since it was launched in 2000.

The system, which allows retailers to position their products at the top of Google, has stagnated over the year...

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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...

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1700 BRISBANE APARTMENTS NOW MANAGED BY FORTUNE 500 COMPANY JLL

1700 BRISBANE APARTMENTS NOW MANAGED BY FORTUNE 500 COMPANY JLL

MULTINATIONAL and Fortune 500 company JLL (NYSE: JLL) has expanded its Australian dominance in the property management sector with more than 700 residential units in Brisbane.

The company has announced its newly secured management rights to six apartment blocks on Duncan Street near the Brisbane River in the inner-city suburb of West End.

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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...

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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...

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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...

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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 (...

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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...

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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...

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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'.

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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...

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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...

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HOW TO PROTECT YOUR BUSINESS FROM RANSOMWARE

HOW TO PROTECT YOUR BUSINESS FROM RANSOMWARE

BUSINESS owners are being warned to prepare and protect themselves from the type of ransomware attacks which hit Australian SMEs so hard in the past year.

The denial-of-access attacks, which include malicious software that infiltrates and encrypts files on computers, then demands payment for their decryption, are costly, says onPlatinum ...

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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...

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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 ...

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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...

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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 ...

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NEW HOPE CASHES IN ON COAL PRICE RECOVERY

NEW HOPE CASHES IN ON COAL PRICE RECOVERY

NEW HOPE Corporation is firing like a high efficiency thermal coal power plant under the power of vastly improved coal and oil prices during the six months to 31 December 2016.

The Brisbane-based diversified energy producer (ASX:NHC) has reported net profit after tax of $54.9 million for the half year, a 265 per cent increase compared to the ...

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BRISBANE APARTMENT VACANCIES REMAIN LOW DESPITE INCREASED SUPPLY

BRISBANE APARTMENT VACANCIES REMAIN LOW DESPITE INCREASED SUPPLY

VACANCY rates for new Inner Brisbane apartments remained tight at 2.3 per cent over the December quarter 2016, says new research released today by property consultants, Urbis.

The Urbis Inner Brisbane Apartment Rental Review also found that new developments are out-performing older, established projects with lower levels of amenity.

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ONLINE CAR RENTAL BUSINESS DRIVEMYCAR HITS TOP GEAR

ONLINE CAR RENTAL BUSINESS DRIVEMYCAR HITS TOP GEAR

PEER-to-peer car rental business DriveMyCar has confirmed the rapid rise in the sharing economy with a 54 per cent increase in the number of rental days so far this calendar year compared to the full December 2016 quarter.

DriveMyCar, a key business in the Collaborate Corporation Limited (ASX:CL8) stable, reported 16,766 net rental days booke...

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RAY OF HOPE FOR SLATER AND GORDON AS LENDERS STEP IN

RAY OF HOPE FOR SLATER AND GORDON AS LENDERS STEP IN

EMBATTLED law firm Slater and Gordon (ASX: SGH) has announced to the ASX that it has launched confidential discussions with lenders to restabilise its battered capital structure.

Following a gruelling saga, Slater and Gordon has now been notified that in excess of 94 per cent of its debt facility, including debt with Westpac, National Austral...

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FROM GREEN TO GOLD: IRISH EXPAT BUILDS MILLION DOLLAR BUSINESS

FROM GREEN TO GOLD: IRISH EXPAT BUILDS MILLION DOLLAR BUSINESS

WHEN Eoin Daniels arrived in Australia with nothing but a suitcase, a working holiday visa and a passion for carpentry, he didn't expect that in just over a decade's time he would be running his own national company. Around 13 years ago, Daniels was fresh off the plane from Ireland when he secured his first job in Sydney with a lo...

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MYER GROWS PROFIT AMID STRONG COMPETITION AND CONSUMER FATIGUE

MYER GROWS PROFIT AMID STRONG COMPETITION AND CONSUMER FATIGUE

MYER'S half-year sales announced today have been described as "encouraging" by CEO and MD, Richard Umbers, but the retailer's shares fell 5.26 per cent on the ASX.

The market was unimpressed by a 5.3 per cent growth in profit to $62.8 million, compared to the previous corresponding period, as the company's sales dec...

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SPROUTX PROVIDES THE SEED FOR AGTECH STARTUPS

SPROUTX PROVIDES THE SEED FOR AGTECH STARTUPS

AGTECH innovation fund SproutX has opened applications for its first accelerator round, backed by $10 million from the venture capital fund it has set up in partnership with Artesian Venture Partners and industry superannuation fund Hostplus.

This follows the SproutX pre-accelerator program, held in late 2016, where 110 startups and entr...

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HOW INTEGRATED SOFTWARE, THE CLOUD AND ARTIFICIAL INTELLIGENCE WILL CHANGE BUSINESS

HOW INTEGRATED SOFTWARE, THE CLOUD AND ARTIFICIAL INTELLIGENCE WILL CHANGE BUSINESS

CHATBOTS, collective intelligence and blockchain are some of the big technology trends that will change the way businesses are run in 2017, says SAGE Australia VP Alan Osrin (pictured).

Speaking to Business News Australia at the SAGE Summit Melbourne, where the company painted its vision of 'invisible accounting', Osrin implored busin...

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SEYMOUR WHYTE SHARES SURGE AFTER FRENCH TAKEOVER OFFER REVEALED

SEYMOUR WHYTE SHARES SURGE AFTER FRENCH TAKEOVER OFFER REVEALED

SEYMOUR Whyte (ASX:SWL) is the subject of a takeover offer from French construction giant VINCI.

The Brisbane-based engineering firm is trading up 24 per cent $1.37 per share at 12pm AEDT after releasing the details of the offer to the ASX.

The indicative, non-binding and conditional proposal proposes a price range of $1.36-$1.43 per share...

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GRACE LOVES LACE DRESSED FOR BRITISH SUCCESS

GRACE LOVES LACE DRESSED FOR BRITISH SUCCESS

IT'S safe to say that most Gold Coast brides searching for the perfect dress have, at least once, laid eyes on a number by Grace Loves Lace. The brand, founded by Megan Ziems, boasts intricate and affordable designs handcrafted exclusively from fine French and European lace and silks. Due to the success of her existing showrooms, ...

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SUNCORP TAKES 19.99 PER CENT OF NEW ZEALAND INSURER TOWER

SUNCORP TAKES 19.99 PER CENT OF NEW ZEALAND INSURER TOWER

SUNCORP Bank has taken a 19.99 per cent stake in Tower (ASX:TWR), despite having its takeover bid for the New Zealand company rebuffed in late February.

In a release to the ASX today, Tower says Suncorp (ASX:SUN) has accumulated the shares at NZ$1.40 each, a premium on its offer of NZ$1.30 per share made last month.

Suncorp had attempted t...

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