Brisbane Top Companies 11-20

Brisbane Top Companies 11-20

A short-selling attack from VGI Partners saw Corporate Travel Management fall out of the top 10 this year, but the company's founder and CEO Jamie Pherous has remained stoic, lifting his stake in the company while under a barrage of criticism from the investment community. Buoyed by its software as a service (SaaS) division, foun...

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Brisbane Top Companies 21-30

Brisbane Top Companies 21-30

From bathroom fittings to storage, electricity to investments, the companies that made the top 30 are from a wide range of industries that all have a significant impact on the city's economy, not to mention the nation's. ERM Power is currently the target of a $617 million takeover bid from Shell Energy Australia, with a vote ...

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Brisbane Top Companies 31-40

Brisbane Top Companies 31-40

This is where the Brisbane Top Companies list really starts to get interesting. The space between 31 and 40 includes five new entrants including founder-led telecommunications and IT solutions company Over the Wire, workforce management group People Infrastructure and Galilee Energy, which is taking the step up from explorer to gas p...

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Brisbane Top Companies 41-50

Brisbane Top Companies 41-50

Some major players slipped out of the higher brackets this year into the bottom 41 to 50 of Brisbane's Top Companies. Notably, Michael Hill fell from its 2018 rank of 30 to number 41 in 2019, thanks to a disappointing year of sales, but things appear to be picking up for the jewellery retailer. Sunland Group fell down eight spots ...

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Retail Food Group to raise $150 million

Retail Food Group to raise $150 million

Embattled food franchisor behind brands like Gloria Jean's, Donut King, and Michel's Patisserie, Retail Food Group (ASX: RFG) has launched a capital raise to secure $150 million. The funds are part of the group's recapitalisation plans, with $118.5 million of proceeds from the offer to go toward repayment of debt. As part ...

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APN Convenience REIT to scoop up 13 service stations for $75 million

APN Convenience REIT to scoop up 13 service stations for $75 million

Service station operator APN Convenience REIT (ASX: AQR) is poised to expand its portfolio of properties with a proposed $75 spending spree. The group will acquire 13 service stations and convenience retail properties in South Australia, Western Australia, Queensland and the Northern Territory for a total consideration of $74.6 million. ...

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Fastbrick Australia enters into strategic partnership with WA home builder

Fastbrick Australia enters into strategic partnership with WA home builder

Robotic wall building company FBR Australia (ASX: FBR) has announced its latest play in Western Australia, partnering with a leading home builder in the state. The group's joint venture with Brickworks Building Products called Fastbrick Australia has entered into a building pilot program with Summit Homes Group. It follows two sim...

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Instyle Solar announces power play with League legend Johnathan Thurston

Instyle Solar announces power play with League legend Johnathan Thurston

Rugby league legend Johnathan Thurston (pictured left) has come on board with leading Australian solar company, Instyle Solar, as their first official ambassador.  The multi-year partnership will see the renowned family man share his own journey of living with solar via a series of online content, along with appearing in marketing co...

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Orora to sell fibre business to Nippon for $1.7 billion

Orora to sell fibre business to Nippon for $1.7 billion

Shares in packaging company Orora (ASX: ORA) have surged 19 per cent this morning after the Melbourne-based group announced it would be selling its Australasian fibre business to a subsidiary of Japan's Nippon Paper Industries for $1.72 billion. Orora estimates a net gain after costs and tax of $225 million, with the sale pr...

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Former Future Care owners serve Smiles Inclusive with statutory demand

Former Future Care owners serve Smiles Inclusive with statutory demand

Just one day after law firm Holding Redlich confirmed it had agreed to lead a class action process against Smiles Inclusive (ASX: SIL), it has been revealed the struggling dental empire now faces another legal battle. The former owners of Sydney-based Future Care Dental Group (FCDG), who sold their business to Smiles in December last...

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Holding Redlich to lead class action against Smiles Inclusive

Holding Redlich to lead class action against Smiles Inclusive

Law firm Holding Redlich has confirmed the process is underway for a class action against embattled Gold Coast-based dental group Smiles Inclusive (ASX: SIL).  The company has seen profits, cash and its share price deteriorate since its April 2018 initial public offering (IPO) that raised $35 million to support an ambitious national ...

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Rural Funds lays cards on the table over contested property valuations

Rural Funds lays cards on the table over contested property valuations

Besieged agricultural land owner Rural Funds (ASX: RFF) has released farm-by-farm property valuations as it seeks to put to bed concerns raised by short seller Bonitas Research and "creative accounting" investigator Bucephalus Research. While most of the attacks rallied against RFF have focused on its structure with responsible ...

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Adelaide robo-welders K-TIG list on the ASX

Adelaide robo-welders K-TIG list on the ASX

Following an oversubscribed $7 million capital raise Adelaide-based disruptors K-TIG have listed on the ASX under the ticker KTG. K-TIG has developed a robotic welding technology able to precisely weld up to 100 times faster than traditional welding processes. The company's technology was initially developed by the CSIRO and uses ...

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Flight Centre profits under strain despite e-commerce take-off

Flight Centre profits under strain despite e-commerce take-off

Travel agency Flight Centre (ASX: FLT) expects a reduced underlying profit in the first half of FY19 even though its online businesses have been flying high. Speaking at the Morgans Queensland conference, Flight Centre managing director and founder Graham Turner noted online leisure sales in Australia had doubled year-on-year in the three...

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Zelda's landmark merger to create a global cannabis player

Zelda's landmark merger to create a global cannabis player

Major Australian medical cannabis group Zelda Therapeutics (ASX: ZLD) has announced a landmark merger with America's Ilera Therapeutics. While the companies have been partners in manufacturing and distributing cannabis products for some time across Australia and the US, the newly merged Zelira Therapeutics has its sights set on global...

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Cleanaway cleans up recycling business for $66 million

Cleanaway cleans up recycling business for $66 million

Cleanaway Waste Management (ASX: CWY) has won the bid to acquire SKM Recycling Group for $66 million. The sale follows a public process conducted by KordaMentha who were appointed the receivers of SKM in August. Cleanaway will become owner of all SKM properties, plants, equipment and other assets after completion of the acquisition wh...

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SeaLink to swap rudders for wheels in $635 million acquisition

SeaLink to swap rudders for wheels in $635 million acquisition

SeaLink (ASX: SLK) is bound for land, steaming towards an acquisition of Australia's largest bus operator Transit Systems Group. The owner of popular ferry and charter sightseeing services including Sydney's Captain Cook Cruises and the iconic PW Murray River Princess is set to buy Transit Systems for $635 million, reportedly its ...

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ANZ hit by $559 million in customer remediation payments

ANZ hit by $559 million in customer remediation payments

ANZ (ASX: ANZ) has today revealed how customer remediation efforts are costing the bank big bucks. The company says its second half 2019 cash profit will be impacted by a charge of $559 million (after-tax) as a result of increased provisions for customer related remediation. The $559 million in expected charges plus the $123 million i...

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Criminal charges laid against former BlueScope manager

Criminal charges laid against former BlueScope manager

"This is the first time an individual has been charged with inciting the obstruction of a Commonwealth official in relation to an ACCC investigation," says ACCC chair Rod Sims. While the Commonwealth Director of Public Prosecutions (CDPP) has decided not to pursue criminal cartel proceedings against BlueScope Steel (ASX: BS...

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CommInsure charged with 87 counts of hawking

CommInsure charged with 87 counts of hawking

The life insurance arm of Commonwealth Bank (ASX: CBA), CommInsure, has been charged with 87 counts of offering to sell insurance products in the course of non-compliant unsolicited phone calls. The Australian Securities and Investment Commission (ASIC) alleges that CommInsure, wholly owned by CBA, unlawfully sold insurance policies known...

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