Brisbane Articles

BRISBANE COAL TERMINAL REOPENS AFTER SHIPLOADER REPAIR

BRISBANE COAL TERMINAL REOPENS AFTER SHIPLOADER REPAIR

COAL loading has recommenced at New Hope's (ASX: NHC) Brisbane terminal today after repairs to its ship loader, which broke in a storm on 13 November.

Ships have not been able to retrieve coal from Queensland Bulk Handling (QBH) since the incident and New Hope will now work with its customers to recover the shipping backlog.

QBH's ...

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ACCC GIVES GO-AHEAD FOR NEWS CORP TO BUY ARM

ACCC GIVES GO-AHEAD FOR NEWS CORP TO BUY ARM

NEWS Corporation (ASX: NWS) has been given the green light to acquire Australian Regional Media (ARM) from APN News and Media (ASX: APN), following a review by Australia's competition watchdog. The Australian Competition and Consumer Commission (ACCC) launched its review in August, and shortly after published a 'statement of issue...

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SUPERLOOP ONE STEP CLOSER TO BIGAIR ACQUISITION

SUPERLOOP ONE STEP CLOSER TO BIGAIR ACQUISITION

BIGAIR (ASX:BGL) shareholders have given Superloop (ASX:SLC) the green light to acquire the telecommunications company. Just over 97 per cent of shareholders voted in favour of the scheme of arrangement, which would allow the Brisbane-based company to purchase all of the BigAir shares it doesn't already own. BigAir will seek order...

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BLUE SKY FINALISES SECOND NEW YORK ACQUISITION

BLUE SKY FINALISES SECOND NEW YORK ACQUISITION

BLUE Sky Alternative Investments (ASX:BLA) has finalised its acquisition of a second office tower in New York through Cove Property Group. Located in Manhattan, 441 Ninth Avenue represents a transaction value of more than $400 million and follows the purchase of 2 Rector Street in March. The majority of the equity for the deal was pro...

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WP CURVE SOLD TO GODADDY

WP CURVE SOLD TO GODADDY

NASDAQ-listed tech company GoDaddy has bought Gold Coast's WP Curve for an undisclosed sum.

The subscription-based WordPress support site, which was founded by Dan Norris and Alex McClafferty in 2013, will be brought under the GoDaddy banner.

According to a blog post on the WP Curve website, McClafferty has been working with the GoDadd...

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STRAIGHT TALK: NEW BLUE SKY MANAGING DIRECTOR ROBERT SHAND HAS HIT THE GROUND RUNNING

STRAIGHT TALK: NEW BLUE SKY MANAGING DIRECTOR ROBERT SHAND HAS HIT THE GROUND RUNNING

ROBERT Shand says people have asked him how he has stayed so relaxed in taking control of Blue Sky Alternative Investments (ASX: BLA) from its founder and talisman Mark Sowerby.

When Sowerby stepped down in August, 10 years after founding the company, it came as a shock to many.

At the time, the company had a market capitalisation o...

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HOW MCDONALD'S AUSTRALIA REDISCOVERED ITS INNOVATIVE SPIRIT

HOW MCDONALD'S AUSTRALIA REDISCOVERED ITS INNOVATIVE SPIRIT

MCDONALD'S is such a ubiquitous part of the Australian landscape today that it is easy to forget how it changed the game for fast food when it arrived in this country 45 years ago.

The first restaurant, at Yagoona in south west Sydney, was non-descript compared to today's standards, but it was one of the first steps towards what ...

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BRISBANE WATCH BRAND ADINA AIMS FOR ICONIC

BRISBANE WATCH BRAND ADINA AIMS FOR ICONIC

ADINA watches is at a turning point in its history, 45 years after being founded by Robert 'Bob' Menzies in Brisbane.

Now in the hands of Bob's son, Grant, the company is respecting its core ideals while growing into a modern brand, a brand that Grant Menzies aims to make into an Australian great.

"I want to create ...

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BULLETS BACK IN THE BUSINESS COMMUNITY

BULLETS BACK IN THE BUSINESS COMMUNITY

ALTHOUGH new to the current south-east Queensland sporting landscape, the Brisbane Bullets have a rich basketball history. From humble beginnings in 1979, the Bullets went on to win three National Basketball League (NBL) Championships in 1985, 1987 and most recently in 2007. After an eight-year hiatus, the club was reinvigorated by th...

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RACQ TO ADD BANKING SERVICES AFTER QT MUTUAL MERGER

RACQ TO ADD BANKING SERVICES AFTER QT MUTUAL MERGER

THE $3.9 billion merger between RACQ and QT Mutual Bank has been approved by the bank's members, clearing the way for Australia's first motoring body with bank services.

The proposal secured an overwhelming 90 per cent support among QT Mutual members, easily meeting the 75 per cent requirement and the transaction can now proceed.

I...

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WATPAC CHARGES AHEAD WITH NEW $170M BANK FACILITY

WATPAC CHARGES AHEAD WITH NEW $170M BANK FACILITY

WATPAC (ASX:WTP) has finalised a new $170 million syndicated banking facility to tackle multiple large-scale projects. The Brisbane-based developer has secured bank guarantees with Bank of Queensland (ASX:BOQ), BNP Paribas, Commonwealth Bank of Australia (ASX:CBA) and HSBC. The new arrangement is a $50 million increase in Watpac's...

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QUADRANT GETS THE GREEN LIGHT TO LIFT ITS GYM GAME

QUADRANT GETS THE GREEN LIGHT TO LIFT ITS GYM GAME

QUADRANT Fund 5 is free to flex its muscles further in the gym market, after Australia's competition watchdog announced today that it wouldn't oppose the company's acquisition of the Fitness First Asia Pacific Group. As the owner of the Goodlife Health Clubs network and lead franchisor of Jetts Fitness, Quadrant set the market...

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TRAPROCK SEEKS FUNDS IN ASX IPO TO SEARCH HISTORIC QUEENSLAND MINES FOR GOLD

TRAPROCK SEEKS FUNDS IN ASX IPO TO SEARCH HISTORIC QUEENSLAND MINES FOR GOLD

A FLEDGING exploration company with hopes of opening a gold-copper mine near Rockhampton is seeking to raise $6.5 million in an ASX IPO.

"The best place to find a gold mine is in a goldfield, and that's exactly where Traprock will be exploring with the funds raised from this IPO," says Traprock's managing director, David Jel...

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KFC COOKS UP STRONG RESULTS FOR COLLINS FOODS

KFC COOKS UP STRONG RESULTS FOR COLLINS FOODS

COLLINS Foods' (ASX:CKF) half-year profits have sizzled after adding more than 20 KFC stores to its network across Australia and market entry into Europe. The Brisbane-based food service operator recorded a 17.2 per cent lift in net profit to $16.8 million for the half-year ending October 16. Revenue was up 4.7 per cent to $282.5 ...

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RIGHTCROWD REVERSE TAKEOVER MOVES A STEP CLOSER

RIGHTCROWD REVERSE TAKEOVER MOVES A STEP CLOSER

STEVE Terry has resigned as managing director of Omni Market Tide (ASX:OMT) as the company negotiates the transition to its new structure through the reverse takeover of RightCrowd.

His resignation clears the way for RigthCrowd founder, and its current CEO, Peter Hill, to take control of the company as managing director.

As reported recent...

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ALS EXITS OIL AND GAS SECTOR AFTER PRICE PRESSURES HIT PROFIT

ALS EXITS OIL AND GAS SECTOR AFTER PRICE PRESSURES HIT PROFIT

UNCERTAINTY in the global resources sector has hit ALS Limited's (ASX:ALQ) half-year profits, prompting the lab testing provider to divest its oil and gas business. The Brisbane-based company posted a 17 per cent decline in net profit to $51.4 million over the six months to September, compared to the previous half-year. Revenue wa...

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EML PAYMENTS WILL 'BLOW YOUR SOCKS OFF', SAYS ANALYST

EML PAYMENTS WILL 'BLOW YOUR SOCKS OFF', SAYS ANALYST

EML Payments (ASX:EML) is generating buzz among investors looking for ASX-listed companies with exposure to the United States.

In a recent Livewire Markets Buy Hold Sell: US Dollar Earners video, Shane Fitzgerald (pictured), from Monash Investors, is asked, "which stock will blow your socks off?" He replies, "I absolutely love ...

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JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Guys. The takeover brings together two of Australia's largest electronics retailers and accelerates JB Hi-Fi's move into the whitegoods market. Announced in September, the deal will see JB Hi-Fi's network increas...

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RED ROOSTER CONTINUES TO CLUCK UP A STORM

RED ROOSTER CONTINUES TO CLUCK UP A STORM

THE age-old saying, 'winner winner, chicken dinner' encapsulates the fondness that Australians have for a good old roast chicken. It is this widespread sentiment and the numerous growth initiatives undertaken by chief executive Chris Green (pictured) which keeps Australian franchise, Red Rooster holding strong despite a wave of di...

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BRISBANE INTERNATIONAL ATTRACTS THE WORLD'S TOP TENNIS PLAYERS

BRISBANE INTERNATIONAL ATTRACTS THE WORLD'S TOP TENNIS PLAYERS

FIVE of the world's top ten tennis players will open their 2017 campaigns at the Brisbane International, presented by Suncorp, this January.

More than 100,000 people are expected at the week-long event, to see if the world's fourth-ranked player Milos Raonic (pictured) can defend his title.

"I can't wait to return t...

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ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in misleading or deceptive conduct between the dates of November 2014 and October 2015.

The Australian Competition and Consumer Commission (ACCC) will tell the Federal Court that Meriton attempted to rig the feedback on its Trip Adv...

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OROCOBRE DIVESTS LITHIUM TRIANGLE PROJECTS IN ARGENTINA

OROCOBRE DIVESTS LITHIUM TRIANGLE PROJECTS IN ARGENTINA

OROCOBRE (ASX:ORE) will divest a number of lithium brine exploration projects to a Canadian resource company to pursue a bigger fish. The Brisbane-based miner will sell the assets held through its Argentine subsidiary South American Salars SA (SAS) to Toronto Stock Exchange-listed Advantage Lithium Corp. Advantage Lithium will issue m...

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JUMBO INTERACTIVE CUTS ITS LOSSES IN GERMANY

JUMBO INTERACTIVE CUTS ITS LOSSES IN GERMANY

LOTTERY platform Jumbo Interactive (ASX:JIN) will scale down operations in Germany rather than continue to flog a dead horse. The Brisbane-based business plans to stop ongoing losses from its German internet lottery division and focus on the Australian market. Jumbo Interactive founder and CEO Mike Veverka (pictured) says adverse cond...

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AACO DRIVES LUXURY BEEF STRATEGY AS PROFIT DIPS

AACO DRIVES LUXURY BEEF STRATEGY AS PROFIT DIPS

AUSTRALIAN Agricultural Company (ASX:AAC) has posted a dip in half-year profits to $47.9 million, as it shifts towards the global luxury beef segment. The result is an almost 4 per cent decline for the six months to September 30 compared to a year earlier. The Brisbane-based business reported a 20 per cent lift in operating EBITDA of ...

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SOFTWARE BOOM DELIVERS ANOTHER RECORD YEAR FOR TECHNOLOGYONE

SOFTWARE BOOM DELIVERS ANOTHER RECORD YEAR FOR TECHNOLOGYONE

TECHNOLOGYONE (ASX:TNE) has marked its 17th consecutive year of record revenues, backed by strong growth in its Software as a Service (SaaS) business. The Brisbane-based enterprise software developer posted a 14 per cent lift in revenue to $249 million for full-year ending September 30. The results also exceeded market guidance for pr...

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EVERTON PARK SET FOR REDEVELOPMENT AFTER SALE

EVERTON PARK SET FOR REDEVELOPMENT AFTER SALE

A SHOPPING centre in Brisbane's inner northern suburbs has been earmarked for a major redevelopment after selling to private investors for $27.7 million, at a yield of 7.1 per cent.

Everton Plaza's new owners, together with retail property development firm Reds Group, plan to invest significant capital to renovate the 1969-built centr...

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40 UNDER 40: TOP YOUNG ENTREPRENEURS BRISBANE 1-10

40 UNDER 40: TOP YOUNG ENTREPRENEURS BRISBANE 1-10

THE team at Business News Australia has compiled a list of some of Brisbane's brightest young business minds. In celebration of the 2016 Brisbane Young Entrepreneur Awards, the 40 under 40 list highlights the achievements of the city's most bold and innovative business founders. The next generation of leaders have demonstrated...

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40 UNDER 40: TOP YOUNG ENTREPRENEURS BRISBANE 11-20

40 UNDER 40: TOP YOUNG ENTREPRENEURS BRISBANE 11-20

THE team at Business News Australia has compiled a list of some of Brisbane's brightest young business minds. In celebration of the 2016 Brisbane Young Entrepreneur Awards, the 40 under 40 list highlights the achievements of the city's most bold and innovative business founders. The next generation of leaders have demonstrated...

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40 UNDER 40: TOP YOUNG ENTREPRENEURS BRISBANE 21-30

40 UNDER 40: TOP YOUNG ENTREPRENEURS BRISBANE 21-30

THE team at Business News Australia has compiled a list of some of Brisbane's brightest young business minds. In celebration of the 2016 Brisbane Young Entrepreneur Awards, the 40 under 40 list highlights the achievements of the city's most bold and innovative business founders. The next generation of leaders have demonstrated...

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40 UNDER 40: TOP YOUNG ENTREPRENEURS BRISBANE 31-40

40 UNDER 40: TOP YOUNG ENTREPRENEURS BRISBANE 31-40

THE team at Business News Australia has compiled a list of some of Brisbane's brightest young business minds. In celebration of the 2016 Brisbane Young Entrepreneur Awards, the 40 under 40 list highlights the achievements of the city's most bold and innovative business founders. The next generation of leaders have demonstrated...

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