Brisbane Articles

EXCLUSIVE INTERVIEW: MEGAPORT CEO VINCENT ENGLISH ON GLOBAL EXPANSION AND HOW TO SCALE UP A BUSINESS

EXCLUSIVE INTERVIEW: MEGAPORT CEO VINCENT ENGLISH ON GLOBAL EXPANSION AND HOW TO SCALE UP A BUSINESS

THE RAPID expansion of Megaport (ASX: MP1) continues with the Brisbane-based company announcing a major partnership deal with US-based giant Oracle which will allow its customers to access its network across North America, Europe and Asia Pacific.

Through its collaboration with Oracle, Megaport customers will now be able to create a dedicated...

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BRISBANE ENTREPRENEUR BREAKS BARRIERS IN ECO-BUSINESS

BRISBANE ENTREPRENEUR BREAKS BARRIERS IN ECO-BUSINESS

TRACEY Bailey believes that if every person understood the true social and environmental cost of every product they bought, we would all be living in a very different world. The eco entrepreneur and founder of green business Biome has made it her life's mission to create a complete element of transparency when it comes to her own prod...

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DOMINO'S PIZZA EMPLOYEES OFFERED A SLICE OF THE PIE

DOMINO'S PIZZA EMPLOYEES OFFERED A SLICE OF THE PIE

DOMINO'S Pizza (ASX: DMP) has launched an employee share acquisition plan which will give its 26,000 staff the option of buying between $1,000 and $5,000 worth of shares per month with their pre-tax salary.

The share acquisition plan is voluntary for the 2017 and 2018 financial years and the purchases will be on market or the Brisban...

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PRICELINE STORE ROLLOUT BOOSTS API'S FULL YEAR PROFIT FORECAST

PRICELINE STORE ROLLOUT BOOSTS API'S FULL YEAR PROFIT FORECAST

Australian Pharmaceutical Industries (ASX: API) has booked a rise in half year net profit of $29.1 million on the back of rapid expansion in its Priceline Pharmacy network.

The owner of the Priceline and Soul Pattinson brands reported a 27 percent rise in net profit for the six months to February 28, along with a rise in revenue of 13 per cen...

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CITY DWELLERS SETTING EYES ON REDCLIFFE AS PROPERTY SEACHANGE BECKONS

CITY DWELLERS SETTING EYES ON REDCLIFFE AS PROPERTY SEACHANGE BECKONS

IT MAY be cool by the sea at Redcliffe, however strong sales at Kyko Group's Mon Komo development prove that the area has also become a residential hotspot. Within only two months of announcing its campaign, Mon Komo, situated on Redcliffe's Marine Parade, has made $7.9 million in sales and only a handful of its apartments remain ...

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FURNITURE DISRUPTOR SET TO SHARE HIS ONE OF A KIND BUSINESS MODEL

FURNITURE DISRUPTOR SET TO SHARE HIS ONE OF A KIND BUSINESS MODEL

IT'S no secret that Australians love homemaking. Their ceaseless quest to create the perfect place to call home contributes to a booming furniture industry worth an estimated $7 billion. However, it is an industry which has long been propped by an overload of Chinese imports, leading to gratuitous amounts of stock stored in expensive ...

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SILVER CHEF COMPLETES $21M CAPITAL RAISE

SILVER CHEF COMPLETES $21M CAPITAL RAISE

HOSPITALITY equipment provider Silver Chef Limited (ASX: SIV) has announced that it has successfully raised a significant amount of capital following the completion of its latest entitlement offer. The entitlement offer, which began on 21 March, was divided through an institutional component and a retail component to boost total capital b...

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GAME ON FOR TATTS GROUP AS CONSORTIUM OFFERS $7.3b CASH BID TO SCUPPER TABCORP

GAME ON FOR TATTS GROUP AS CONSORTIUM OFFERS $7.3b CASH BID TO SCUPPER TABCORP

PRIVATE Equity firm Kohlberg Kravis Roberts is leading a consortium which has made an all-cash $7.3 billion bid for Tatts Group (ASX: TTS) in a bid to derail its pending merger with Tabcorp.

The Pacific Consortium, which includes KKR, Morgan Stanley Infrastructure and super fund First State made the offer overnight and values the deal at...

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AURIZON CUTS FULL YEAR FORECASTS AS FULL FORCE OF CYCLONE DEBBIE BECOMES CLEAR

AURIZON CUTS FULL YEAR FORECASTS AS FULL FORCE OF CYCLONE DEBBIE BECOMES CLEAR

RAIL freight operator Aurizon (ASX: AZJ) has slashed its full year guidance by $100 million to $115 million because of major disruptions to its network in Queensland from Tropical Cyclone Debbie.

Aurizon's projections for FY2017 on earnings before interest and tax (EBIT) have been revised down to $800 to $850 million from its original gui...

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ACQUISITIONS CONTINUE TO DRIVE THE EXPANSION OF BRISBANE-BASED NATIONAL STORAGE

ACQUISITIONS CONTINUE TO DRIVE THE EXPANSION OF BRISBANE-BASED NATIONAL STORAGE

NATIONAL STORAGE (ASX: NSR) has expanded its Perth Development Portfolio with acquisitions totalling $18.6 million across three properties and plans for a further two sites in and around the city.

The Brisbane-based company, which is one of the largest self-storage providers in Australia and New Zealand, will take ownership of a property at t...

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CAR NEXT DOOR LAUNCHES IN BRISBANE AHEAD OF PLANS TO ROLL OUT ACROSS AUSTRALIA

CAR NEXT DOOR LAUNCHES IN BRISBANE AHEAD OF PLANS TO ROLL OUT ACROSS AUSTRALIA

PEER-TO-PEER car sharing startup Car Next Door has launched its Brisbane operation as part of its expansion plans into Australia's major cities.

CarNextDoor.com.au is an online platform that allows car owners to effectively rent their cars out to users as a way of making money on the idle capacity of their vehicles to people who need them...

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MOTORCYCLE HOLDINGS REVS UP, ANNOUNCING THIRD ACQUISITION IN A MONTH

MOTORCYCLE HOLDINGS REVS UP, ANNOUNCING THIRD ACQUISITION IN A MONTH

MOTORCYCLE Holdings (ASX: MTO) has announced its latest pickup in a string of acquisitions which have bolstered its east-Australian network. The motor dealer is set to acquire Trinder Avenue Motors, which includes the operation of Sunshine Coast Harley-Davidson, before the end of the financial year. This move will take Motorcycle Hold...

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SINCLAIR TO COOK UP A SOCIAL MEDIA STORM FOR SILVER CHEF

SINCLAIR TO COOK UP A SOCIAL MEDIA STORM FOR SILVER CHEF

SILVER Chef (ASX: SIV) has announced that celebrity chef Matt Sinclair will become the online face of the company as its new social media ambassador. As part of his new role, the runner-up of Master Chef season 8 will launch a video series following his journey to becoming a hospitality business owner and beyond. Sinclair says he is l...

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NEW SUITOR EMERGES AS MANTRA GROUP RUMOUR MILL CONTINUES

NEW SUITOR EMERGES AS MANTRA GROUP RUMOUR MILL CONTINUES

MANTRA Group (ASX: MTR), the subject of several takeover rumours, has reportedly attracted another suitor in the form of Thai group Minor International.

Minor International owns restaurant and café chains including the Coffee Club, and The Australian reports it may be interested in buying a stake in Mantra.

It becomes the lat...

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TECHNOLOGYONE FOUNDER ADRIAN DI MARCO STEPS DOWN AS CEO

TECHNOLOGYONE FOUNDER ADRIAN DI MARCO STEPS DOWN AS CEO

TECHNOLOGYONE (ASX: TNE) founder Adrian Di Marco has formally stepped down from his role as CEO after 30 years with one of Australia's first enterprise technology businesses.

Di Marco will retain his post as executive chairman and long standing COO Edward Chung will take over as CEO from May 23.

"Today we celebrate the 30-y...

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BRUTAL HONESTY ON EARNING THE 'GIFT OF INVESTMENT': STEVE BAXTER EXCLUSIVE INTERVIEW PART 2

BRUTAL HONESTY ON EARNING THE 'GIFT OF INVESTMENT': STEVE BAXTER EXCLUSIVE INTERVIEW PART 2

IN the first part of Business News Australia's exclusive interview with Shark Tank's Steve Baxter, the tech guru told our readers the hard truth about what it takes to become a true entrepreneur.

Now, the man behind Brisbane incubator River City Labs dishes out another dose of tough love when it comes to securing and keeping inve...

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RUBY OLIVE GIVES WOMEN IN UNIFORM THE FASHIONABLE EDGE

RUBY OLIVE GIVES WOMEN IN UNIFORM THE FASHIONABLE EDGE

VERSATILE and vibrant are two words that spring to mind when describing the Ruby Olive jewellery collection created by entrepreneur Skye Anderton (pictured left). 

Fitting the same description is Brisbane's iconic Johnson Hotel, one of the country's seven Art Series Hotels, inspired by the colourful abstract art of Michael Johnso...

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DOES BEVAN SLATTERY'S LATEST PLAY MAKE SUPERLOOP AN ATTRACTIVE TARGET FOR TPG?

DOES BEVAN SLATTERY'S LATEST PLAY MAKE SUPERLOOP AN ATTRACTIVE TARGET FOR TPG?

SUPERLOOP (ASX: SLC) has acquired telecommunication infrastructure provider SubPartners for $3.3 million as part of its plan to develop a pan-Asian network.

The acquisition will deliver to Superloop strategic assets including ownership of international submarine cable capacity from a SubPartners' consortium which is building a Singapore t...

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WEEDING OUT THE ASX'S BURGEONING CANNABIS TREND: 8 COMPANIES TO WATCH

WEEDING OUT THE ASX'S BURGEONING CANNABIS TREND: 8 COMPANIES TO WATCH

A NICHE is budding on the ASX in the form of medical cannabis, an industry which has been on the country's radar over the past six months. Recent legislative changes have allowed for importation of the drug and patient-specific sales, as government red tape and other legal barriers are being systematically lifted. The Narcotic Dru...

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DEBBIE RECOVERY BEGINS, COMMUNITIES URGE BUSINESSES TO DIG DEEP

DEBBIE RECOVERY BEGINS, COMMUNITIES URGE BUSINESSES TO DIG DEEP

THE FULL extent of the damage caused by ex-Tropical Cyclone Debbie is being laid bare, as the last of the flood waters recede and community services kick into recovery mode.

Organisations and government officials have released statements today asking local businesses to dig deep and support recovery efforts, following what has been dubbe...

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CROMWELL RAID ON INVESTA CONTINUES WITH NEW $3 BILLION OFFER

CROMWELL RAID ON INVESTA CONTINUES WITH NEW $3 BILLION OFFER

CROMWELL Property Group's (ASX: CMW) hostile takeover bid for Investa Office Fund (ASX: IOF) has gathered momentum with a new $3 billion cash bid.

The new bid was announced by IOF after the market closed on Tuesday and revealed Brisbane-based Cromwell has offered $4.85 per share in an unsolicited non-binding proposal to acquire all u...

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VITA GROUP SHARES SMASHED BY TELSTRA TAKE-BACK RUMOURS

VITA GROUP SHARES SMASHED BY TELSTRA TAKE-BACK RUMOURS

TELSTRA has denied it wants to take control of some of its high performing stores from its long-term retail partner Vita Group (ASX: VTG), after rumours of the plan sent VTG shares into a 21 per cent freefall.

Fairfax Media, citing a leaked internal Telstra memo, reported Australia's biggest telco wanted to take back 11 stores operat...

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US RESIDENTIAL RETAIL BUSINESS SOLD OFF BY ERM POWER

US RESIDENTIAL RETAIL BUSINESS SOLD OFF BY ERM POWER

ERM Power Limited (ASX: EPW) has sold off its residential electricity business in the US for US$11 million, as it turns to focus on growing its commercial and industrial base.

The Brisbane-based energy company said the move to sell the Source Power & Gas business is a part of its ongoing process to divest its non-core US residential book....

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FRESH CLASS ACTION TO REVEAL ANOTHER SIDE OF SLATER AND GORDON DOWNFALL

FRESH CLASS ACTION TO REVEAL ANOTHER SIDE OF SLATER AND GORDON DOWNFALL

ACA LAWYERS has issued a formal letter of demand to Andrew Grech (pictured), managing director of Slater and Gordon, in regards to the Melbourne-based firm's alleged misconduct which led to its billion-dollar fall from grace. ACA has become the second firm to lay the foundations for a class action against Slater and Gordon, after Maur...

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FLIGHT CENTRE EN ROUTE TO PROVIDE GLOBAL IN-DESTINATION SERVICES

FLIGHT CENTRE EN ROUTE TO PROVIDE GLOBAL IN-DESTINATION SERVICES

FLIGHT Centre Travel Group (ASX: FLT) has outlined plans for an aggressive expansion into Asia, as its strategy for a new global business to provide in-destination services to travellers takes off.

The Brisbane-based company has increased its stake in a joint venture deal with Vietnam's Thien Minh Group (TMG) which will create a larger As...

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INSURANCE COUNCIL DECLARES FLOODS WORST CATASTROPHE SINCE CYCLONE OSWALD

INSURANCE COUNCIL DECLARES FLOODS WORST CATASTROPHE SINCE CYCLONE OSWALD

AS widespread flooding from ex-Tropical Cyclone Debbie continues to wreak havoc in Queensland and New South Wales, the Insurance Council has expanded its catastrophe declaration and estimated losses in excess of $1 billion.

As the massive clean-up continues across the two states, the central Queensland town of Rockhampton is bracing for poten...

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DESIGNER JEWELLERY HOUSE ANNOUNCES INDUSTRY VETERAN AS NEW CEO

DESIGNER JEWELLERY HOUSE ANNOUNCES INDUSTRY VETERAN AS NEW CEO

Former Michael Hill CEO Mike Parsell has joined the luxe jewellery brand, Secrets, as the company looks to grow the business beyond its current eight stores across Australia.

During his tenure at Michael Hill, which included 16 years as CEO, Parsell was part of its expansion from three stores to more than 300 across Australia, New Zealan...

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BOQ WILL BOUNCE BACK, CEO SAYS

BOQ WILL BOUNCE BACK, CEO SAYS

MORTGAGE growth of 30 per cent or greater will drive an improvement in the second half for the Bank of Queensland (ASX: BOQ), according to CEO Jon Sutton (pictured). Mr Sutton says operating conditions in the first half have been tough as strong competition in the sector slowed lending growth and put pressure on the bank's net interes...

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STARSHIPS WERE MEANT TO DELIVER DOMINO'S PIZZA

STARSHIPS WERE MEANT TO DELIVER DOMINO'S PIZZA

NICKI Minaj may have been off the mark when she declared 'starships were meant to fly'. However, she might be surprised learn that instead of flying, the Starships' main pursuit will be fast food delivery courtesy of Domino's Pizza. Just over three months since Domino's Group (ASX: DMP) acquired the Joey's Pizz...

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QUEENSLAND WEATHER UPDATE: MAJOR AIRPORTS STILL IN BUSINESS DESPITE CANCELLATIONS AND DELAYS

QUEENSLAND WEATHER UPDATE: MAJOR AIRPORTS STILL IN BUSINESS DESPITE CANCELLATIONS AND DELAYS

DESPITE the storms and flash floods which are continuing to wreak havoc across several Queensland cities and towns, the state's major airports are still in in business. Brisbane and Gold Coast airports are still operating, though a number of scheduled departures, arrivals and airline services have been cancelled due to extreme weather...

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