Articles

CSL seals deal to supply 51 million doses of UQ COVID-19 vaccine candidate

CSL seals deal to supply 51 million doses of UQ COVID-19 vaccine candidate

Biotechnology giant CSL (ASX: CSL) has finalised an agreement with the Commonwealth Government to supply 51 million doses of a COVID-19 vaccine to Australia. Signed by CSL's subsidiary Seqirus, the agreement would see the vaccines supplied should the University of Queensland's (UQ) clinical trials of the candidate be successful. Th...

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Oliver's enters master franchise deal with EG Group

Oliver's enters master franchise deal with EG Group

Shares in Oliver's Real Food (ASX: OLI) are up 11 per cent since the company reached a master franchise agreement (MFA) with the Australian arm of British fuel and convenience conglomerate EG Group. The 10-year deal announced yesterday afternoon adds to Oliver's existing food-to-go concept secured with EG in May, which has alrea...

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Ten public health alerts issued in Sydney including Ripples restaurant at Milsons Point

Ten public health alerts issued in Sydney including Ripples restaurant at Milsons Point

NSW Health has issued 10 public health alerts after confirmed cases of COVID-19 visited a number of venues and businesses including the Ripples restaurant at Milsons Point. It comes after three new cases of the coronavirus were confirmed in South West Sydney yesterday, all three of which are still under investigation with contact tracing und...

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Jetstar launches new Gold Coast to Hobart service

Jetstar launches new Gold Coast to Hobart service

Travellers will be able to fly directly between Hobart and the Gold Coast on a new Jetstar service once Tasmania opens its borders to Queensland on 26 October. Unveiled today, the new service will connect the two destinations in time for the busy summer season, which Queensland Airports CEO Chris Mills said will be a welcome shot in the...

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Creso enlists cannabis icon and Canopy Growth founder Bruce Linton

Creso enlists cannabis icon and Canopy Growth founder Bruce Linton

Creso Pharma (ASX: CPH) has appointed Bruce Linton (pictured), industry pioneer and founder of Canopy Growth Corporation (TSE: WEED), to the role of strategic advisor as the medicinal cannabis developer raises nearly $9 million. The appointment of Linton is a coup for Creso and will see the accomplished entrepreneur work closely with CP...

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Confidence in conferencing grows on the Gold Coast

Confidence in conferencing grows on the Gold Coast

After months of limited event activity, the Gold Coast Convention and Exhibition Centre (GCCEC) is witnessing a surge in enquiry and bookings, including the confirmation of three international conferences this month. The event industry took a sudden and enormous hit in February as COVID-19 forced mass gatherings to a standstill, le...

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Businesses are winners as the Budget takes the path of least resistance

Businesses are winners as the Budget takes the path of least resistance

Unveiled last night, the Federal Budget puts jobs creation in the spotlight, alongside a raft of measures designed to boost business confidence and keep companies hiring and spending. It is a Budget that has been welcomed across the board by the business community, acting as a life raft for those struggling against the tide of the global rec...

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Centuria Industrial REIT grows with $43 million acquisition

Centuria Industrial REIT grows with $43 million acquisition

Centuria Industrial REIT (ASX: CIP) has completed its sixth acquisition of the financial year - a cold storage facility in Ormeau, Queensland - for $43 million. The acquisition of the facility means CIP's portfolio has expanded by $523 million in the first three months of FY21, enforcing the trust's strong position in the sector. T...

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Budget 2020: Frydenberg tells Australians, 'we have your back'

Budget 2020: Frydenberg tells Australians, 'we have your back'

Accelerated tax cuts, cash splashes for pensioners, massive incentives for business to invest and a subsidy to hire unemployed people are the centrepieces of the Morrison government's COVID-19 budget. More than 11 million taxpayers will get a tax cut backdated to July 1, giving lower and middle-income earners tax relief this financial ye...

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Gold Coast locals offered 'Play Money' for discounts on attractions and experiences

Gold Coast locals offered 'Play Money' for discounts on attractions and experiences

A $1 million program led and funded by Destination Gold Coast will see locals receive discounts on tours, attractions and experiences in an effort to stimulate bookings. The campaign called 'Play Money for Gold Coasters' will highlight the city's tourism offerings, giving locals 50 per cent discounts (up to $50) on a range of exp...

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SPC grabs majority slice of frozen meal maker The Kuisine Company

SPC grabs majority slice of frozen meal maker The Kuisine Company

Iconic Australian food producer SPC has taken a majority stake in frozen ready meals manufacturer The Kuisine Company to improve its health and aged care sector offering. The strategic investment sees SPC take control of the Emu Plains-based business which employs over 100 staff members and manufactures frozen meals and finger foods that are...

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Former BOQ boss Jon Sutton named ScotPac CEO

Former BOQ boss Jon Sutton named ScotPac CEO

SME lender Scottish Pacific (ScotPac) has appointed the former boss of Bank of Queensland (ASX: BOQ) and Bankwest Jon Sutton (pictured) as its new chief executive officer today. Sutton will take over the role from current CEO Peter Langham, who will be stepping into a non-executive board role. The new ScotPac boss served as CEO of BOQ unti...

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Neobank Douugh debuts on the ASX, US launch imminent

Neobank Douugh debuts on the ASX, US launch imminent

Neobank Douugh (ASX: DOU) is the first of its kind to list on the ASX after debuting this morning following an oversubscribed $6 million capital raise. Founded in Sydney by CEO Andy Taylor (pictured), the company is one of many next-generation 'neobanks' established to disrupt traditional means of banking and target Millennial and...

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President Donald Trump tests positive for COVID-19

President Donald Trump tests positive for COVID-19

President of the United States Donald Trump and his wife, First Lady of the United States, Melania Trump have both tested positive for COVID-19 today. The President confirmed on Twitter this afternoon that he had been infected with the coronavirus, just two hours after the pair were put into quarantine after coming into contact with a c...

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Australia to welcome Kiwis when travel bubble opens on 16 October

Australia to welcome Kiwis when travel bubble opens on 16 October

Australia has had a hard border with New Zealand for many months now to slow the spread of COVID-19, but from 16 October tourists from across the Tasman will be able to visit NSW and NT. As announced this afternoon by Deputy Prime Minister Michael McCormack, a Trans-Tasman travel bubble has been established, meaning New Zealanders will not h...

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Mesoblast plunges as FDA orders additional trial of Ryoncil

Mesoblast plunges as FDA orders additional trial of Ryoncil

Shares in Mesoblast (ASX: MSB) were down 40 per cent this morning after the company was ordered to conduct additional tests on its graft versus host disease (GvHD) treatment remestemcel-L. After receiving the backing of the Oncologic Drugs Advisory Committee in August, the company today told shareholders the US Food and Drugs Administration ...

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Queensland to reopen to New South Wales from 1 November, new roadmap revealed

Queensland to reopen to New South Wales from 1 November, new roadmap revealed

Queenslanders will be able to enjoy a drink standing up from 4pm today and celebrate the news that the state's border to New South Wales may open from November as part of a new restriction easing roadmap. Announced this morning, the roadmap will see the state's border to all of NSW open from 1am on 1 November 2020, on the condition t...

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SA Government acquires two abandoned Kaufland sites in Adelaide

SA Government acquires two abandoned Kaufland sites in Adelaide

Renewal SA has acquired two sites in Adelaide that were previously owned by German 'hypermarket' Kaufland on behalf of the South Australian Government. The organisation says it will be considering how to make the most of the two sites in Forestville and Prospect, which could result in the construction of residential and commercial...

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Sizzler is toast due to ongoing losses through the pandemic

Sizzler is toast due to ongoing losses through the pandemic

Collins Foods (ASX: CKF) has announced the end of an era for the Australian dining scene with plans to close its nine remaining Sizzler restaurants.

The news cements the fate of the once popular buffet-style restaurant chain which was hit hard this year by COVID-19.

"Closing restaurants is not something we do often and not a decision we t...

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Former Leighton CFO has conviction quashed on appeal

Former Leighton CFO has conviction quashed on appeal

Peter Alan Gregg, the former CFO of Leighton Holdings, received a verdict of acquittal yesterday after appealing his conviction on two counts of falsifying the books. As such, the Court of Criminal Appeal quashed the two verdicts of guilty handed down in August 2018 and entered a verdict of acquittal on each count. The original charge...

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Flight Centre to close 90 stores as pandemic impacts thrash travel industry

Flight Centre to close 90 stores as pandemic impacts thrash travel industry

90 Flight Centre (ASX: FLT) stores will close as part of the company's plans to work within the decimated travel sector. Flight Centre general manager Kelly Spencer said the closures will not impact the company's refund programs or customer holiday plans in the works. "We are sad to see these doors close as we know some of our...

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You can dance if you want to: SA to ease COVID-19 restrictions on Saturday

You can dance if you want to: SA to ease COVID-19 restrictions on Saturday

South Australia is set to ease COVID-19 restrictions further from midnight tomorrow on pubs, clubs, venues, and private functions like weddings. The changes will allow the standing consumption of food and drink outdoors at licenced venues.  In addition, private functions with a maximum of 150 guests may have indoor/outdoor standing con...

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Sydney Top Companies revealed

Sydney Top Companies revealed

Bushfires, COVID-19 and a global recession have certainly dominated news headlines this year, but the events of 2020 created new opportunities for a large percentage of Sydney's leading listed companies.  Whether it be AI and machine learning company Appen or fintech Zip Co, new entrants in this year's Sydney Top Companies list ...

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Sydney Top Companies 1-10

Sydney Top Companies 1-10

With solid cash buffers, the two banks at the top of Sydney's Top Companies have been slammed in 2020, and not just from serious provisions relating to COVID-19 impacts. Westpac (ASX: WBC) in particular was hit with the largest civil penalty in Australian legal history following an extensive investigation from AUSTRAC and findings that i...

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Sydney Top Companies 11-20

Sydney Top Companies 11-20

The economic volatility of the past year is nowhere more evident in this list than the Top 20, whether it be those who cracked it or the unfortunate few that fell. Half the companies in this section were ranked elsewhere in 2019, with beefed up and newly merged telco TPG (ASX: TPG), investment star Magellan Financial Management (ASX: MFG) an...

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Sydney Top Companies 21-30

Sydney Top Companies 21-30

Sydney's Top 50 companies are leading the pack in Australia's largest city and leaving a lasting impact on the economy. We reveal 21-30 on the list which largely consists of heavy-hitters in the property, construction and energy sectors. Despite COVID-19 impacts, including a $2.7 billion loss, Qantas (ASX: QAN) has maintained its p...

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Sydney Top Companies 31-40

Sydney Top Companies 31-40

Unlikely beneficiaries of current market dynamics such as property powerhouse Charter Hall Group (ASX: CHC) and legacy retailer Harvey Norman (ASX: HVN) have broken into the Top 40 of this list in 2020, joining a mixed bag of corporations. The 31-40 group on the list is brimming with a collection of Australia's most well-known brands, in...

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Sydney Top Companies 41-50

Sydney Top Companies 41-50

Competition is among the most fundamental driving forces of any prosperous and robust economy. Without it markets would be a stitch-up; monolithic companies resting on their laurels and exerting their power to the detriment of society and business at large.  A healthy capitalist system can only exist in its real form with the shuffling ...

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HESTA's bold plan for ASX200 companies to have 40pc female executives by 2030

HESTA's bold plan for ASX200 companies to have 40pc female executives by 2030

Australian industry superannuation fund HESTA has made a major move to get more women in senior executive roles at ASX-listed companies with the launch of a new campaign that has the backing of global fund managers. The 40:40 Vision aims to see women fill at least 40 per cent of executive roles in ASX200 companies by 2030. Eight fund manag...

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Australia Post's call for 4000 additional staff as services stretched to the limit

Australia Post's call for 4000 additional staff as services stretched to the limit

Australia Post, stretched to the limit during the pandemic, has launched a major recruitment drive for 4000 additional staff ahead of an expected red-hot festive season. The hiring spree, backed by record parcel volumes due to the ongoing impact of COVID-19, has been labelled by the postal service as the biggest call for staff in its 210-yea...

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