Coronavirus a $100m problem for Qantas

Leading Australian flight operator Qantas (ASX: QAN) has decided to temporarily reduce flights across Asia as demand wanes due to coronavirus Covid-19. The cuts come as the group announced its 1H20 results, with Qantas saying the virus outbreak will hit profits by between $100 million and ...

Coronavirus a $100m problem for Qantas
Challenger bank Tyro Payments pulls off 30 per cent transaction growth
Challenger bank Tyro Payments pulls off 30 per cent transaction growth

"With close to 59,000 terminals now in the field, we are the fifth largest merchant acquiring bank in the mar...

Little Green Pharma blazes onto the ASX
Little Green Pharma blazes onto the ASX

Australia's latest listed medicinal cannabis company has launched onto the market with a bang, scoring a major...

Gold Coast gets go-ahead for The Spit master plan
Gold Coast gets go-ahead for The Spit master plan

A redevelopment plan for an iconic part of the Gold Coast's north was given a boost yesterday after the I...

The rise and fall of Blue Sky: A timeline from ASX powerhouse to pariah
The rise and fall of Blue Sky: A timeline from ASX powerhouse to pariah

Fund manager Blue Sky Alternative Investments (ASX: BLA) ended its 7.5-year run on the ASX after going into receiv...

CTM takes drastic measures in the face of coronavirus
CTM takes drastic measures in the face of coronavirus

For Corporate Travel Management (ASX: CTD) the free flow of movement between countries is an essential component o...

Domino's online sales hit $1.1 billion in six months
Domino's online sales hit $1.1 billion in six months

Online sales continue to outstrip network revenue growth at Domino's Enterprises (ASX: DMP), with digital taki...

Chinese manufacturing slowdown to impact Lovisa sales
Chinese manufacturing slowdown to impact Lovisa sales

While Lovisa has been hindered by supply chain troubles and in-market softening in some Asian markets, the retaile...

Webjet rises on WebBeds but coronavirus looms large
Webjet rises on WebBeds but coronavirus looms large

Were it not for the outbreak of the coronavirus Covid-19, Webjet (ASX: WEB) would be in a primo position to lift F...

1300 Smiles thought risk was too great to acquire Smiles Inclusive
1300 Smiles thought risk was too great to acquire Smiles Inclusive

A major Australian dental company has revealed it had looked into a possible takeover of struggling operator Smile...

Wesfarmers admits to underpaying Target employees
Wesfarmers admits to underpaying Target employees

Yet another Australian retailer has underpaid its staff with Wesfarmers confessing today that employees at Target ...

EML Payments profit climbs 70 per cent
EML Payments profit climbs 70 per cent

Prepaid card solutions provider EML Payments (ASX: EML) saw its profit rise to $16 million in the first half of FY...

Wesfarmers to sell $1.1 billion in Coles shares
Wesfarmers to sell $1.1 billion in Coles shares

Wesfarmers (ASX: WES) is cashing in on the phenomenal rise of retailer Coles Group (ASX:COL) since it demerge...

Brisbane pub The Elephant Hotel sold for $20m
Brisbane pub The Elephant Hotel sold for $20m

Iconic Brisbane pub The Elephant Hotel has been acquired by a Sydney-based hospitality operator for $20 million. ...

$20m staff underpayment casts shadow over Coles results
$20m staff underpayment casts shadow over Coles results

Update: Since this story was published, Coles' former parent company Wesfarmers has announced it will sell aro...

Bod hits the ground running in 2020
Bod hits the ground running in 2020

Medicinal cannabis producer Bod (ASX: BDA) is off to a strong start in 2020, reporting January as its third-larges...

No kidding? Goat's milk purveyor Bubs scores Woolies deal
No kidding? Goat's milk purveyor Bubs scores Woolies deal

Shares in infant dairy formula company Bubs Australia (ASX: BUB) jumped almost 12 per cent this morning after a ne...

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Companies

The rise and fall of Blue Sky: A timeline from ASX powerhouse to pariah
The rise and fall of Blue Sky: A timeline from ASX powerhouse to pariah

Fund manager Blue Sky Alternative Investments (ASX: BLA) ended its 7.5-year run on the ASX after going into receiv...

Property

Brisbane pub The Elephant Hotel sold for $20m
Brisbane pub The Elephant Hotel sold for $20m

Iconic Brisbane pub The Elephant Hotel has been acquired by a Sydney-based hospitality operator for $20 million. ...

Opinion

Fear spreads easily. That's what gives the Wuhan coronavirus economic impact
Fear spreads easily. That's what gives the Wuhan coronavirus economic impact

One way to count the cost of the Wuhan coronavirus is by how many people catch it, and then how many die. Another ...

Leadership

oOh!media founder and CEO to step down after 30 years
oOh!media founder and CEO to step down after 30 years

The founder of oOh!media (ASX: OML) Brendon Cook has announced his intention to step down from his role of managin...

Entrepreneurship

Could this startup's drone technology revive bushfire-ravaged Australia?
Could this startup's drone technology revive bushfire-ravaged Australia?

From creating hyper-detailed maps to delivering burritos and online shopping orders, companies are finding myriad ...

Technology

How Roots' ag-tech solution could help alleviate malnutrition
How Roots' ag-tech solution could help alleviate malnutrition

There is little doubt that fluctuating temperatures and inconsistent rainfall are having a negative impact on crop...

Court gives green light to $15 billion TPG-Vodafone merger
Court gives green light to $15 billion TPG-Vodafone merger

Australia's competition watchdog laments the loss of a "once-in-a-generation opportunity" for m...

Finance

Zip Co to raise $60 million for global expansion and SME business
Zip Co to raise $60 million for global expansion and SME business

Buy-now-pay-later (BNPL) company Zip Co (ASX: Z1P) entered a trading halt this morning before announcing a $60 mil...

Marketing

Adapt or Die: Our 2020 Strategic Marketing Guide
Adapt or Die: Our 2020 Strategic Marketing Guide

With a new decade now upon us, I feel that it is the perfect time for a spot of reflection on the years behind and...

Executive Lifestyle

Photo Auction to take emerging Australian artists to the world
Photo Auction to take emerging Australian artists to the world

With its launch into Australia last November, Photo Auction hoped to add yet another market to its fast-growing fo...

Conference And Events

Tsitsipas, Djokovic and more to entertain Brisbane tennis fans at ATP Cup
Tsitsipas, Djokovic and more to entertain Brisbane tennis fans at ATP Cup

"It's the strongest list on paper that Brisbane tennis fans have ever seen," says Tennis Queensland ...

Video

From Zambrero stores to TV comedy: SS Group enters the media kitchen
From Zambrero stores to TV comedy: SS Group enters the media kitchen

"Don't put all your eggs in one basket." It's the mantra young entrepreneurs Scott and Shae ...

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