Articles

NBN Co to connect 700,000 businesses to high-speed fibre under $700m plan

NBN Co to connect 700,000 businesses to high-speed fibre under $700m plan

Nine in 10 businesses will be able to order high-speed broadband services as part of a $700 million Federal Government package to make business-grade fibre more accessible. Under the new initiative NBN Co will roll out premium-grade NBN business fibre services to 240 'zones' nationwide, allowing SMEs to embrace new opportunities for ...

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Rebel Whopper creators expand plant-based range to Woolworths

Rebel Whopper creators expand plant-based range to Woolworths

Australia's answer to the plant-based meat revolution has today announced one of its biggest milestones to date, with v2food's non-meat mince and burgers to be sold in more than half of the country's Woolworths stores. Within a year of creating the Hungry Jack's plant-based 'Rebel Whopper' and subsequent deals with&nb...

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Harris Farm Markets plans Brisbane return

Harris Farm Markets plans Brisbane return

One of NSW's most beloved fresh produce retailers will soon do something most residents in the state can't, and that is move to Queensland.  After an almost three-decade absence in the Sunshine State, Harris Farm Markets plans to open two stores in Brisbane starting with Clayfield in November followed by West Vill...

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Victorian live music scene given $13m life support

Victorian live music scene given $13m life support

More than 100 live music venues in Victoria will receive cash grants to stay afloat during lockdowns and beyond, in a State Government scheme that is also designed to offset the costs of patron caps when COVID-19 restrictions are eased. In addition, the state's $1.7 billion live music sector will be uplifted by cash grant schemes for ind...

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COVID-infected Sydney taxi driver worked for nine days, visited South Coast venues

COVID-infected Sydney taxi driver worked for nine days, visited South Coast venues

Residents of seven Sydney suburbs who caught Silver Service taxis recently will need to check for COVID-19 symptoms after it was revealed yesterday that a taxi driver worked over nine days while infectious. The individual, who is believed to have caught the virus at Liverpool Hospital, worked on September 7, 8, 9, 10, 14, 15, 16, 17 and...

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Ambitious $1.5 billion City Deal to revamp Perth CBD

Ambitious $1.5 billion City Deal to revamp Perth CBD

With more than $1 billion to be spent on moving university campuses to the centre of Perth, a new deal has been finalised for a range of projects including a robotics and AI startup hub, cultural facility upgrades and roll-outs, and energy infrastructure. The Commonwealth Government, State Government and City of Perth expect the 'Ci...

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Major gatherings on the cards as WA goes 160 days without community transmission

Major gatherings on the cards as WA goes 160 days without community transmission

As we ease into warmer weather Western Australia Premier Mark McGowan wants to see major gatherings go ahead in his State, but in a COVID Safe way. That is why, as of today, major events like festivals and community fairs will be permitted as long as they are approved by relevant health authorities and local governments. COVID event plans ...

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A win for ARA as Gary Weiss and Joseph Gersh appointed as Cromwell directors

A win for ARA as Gary Weiss and Joseph Gersh appointed as Cromwell directors

ARA Property Group's push to appoint Dr Gary Weiss (pictured) and Joseph Gersh to the board of Cromwell Property Group (ASX: CMW) has been successful today, with the vote supported by the family of billionaire Gordon Tang who ARA has previously denied any connection to. At an EGM this morning shareholders voted 51.85 per cent in favour o...

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Oscar Wylee hit with $3.5m fine over misleading charity claims

Oscar Wylee hit with $3.5m fine over misleading charity claims

Eyeware retailer Oscar Wylee has been ordered to pay $3.5 million in penalties by the Federal Court after its 'buy a pair, give a pair' marketing claim was found to be misleading. The company admitted that between January 2014 and December 2018 it made statements that for each pair of glasses a customer purchased it would donate anot...

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Queensland reopening to ACT travellers, still closed to NSW

Queensland reopening to ACT travellers, still closed to NSW

Travellers from the Australian Capital Territory will be allowed to enter Queensland from next Friday 25 September, but the State will remain closed to New South Wales. Canberrans will have to fly into the state, not drive, as NSW is still considered a COVID-19 hotspot. According to Deputy Premier and Health Minister Steven Miles the decis...

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Concentrated Leaders Fund recommends shareholders reject Wilson takeover bid

Concentrated Leaders Fund recommends shareholders reject Wilson takeover bid

Geoff Wilson's WAM Capital's (ASX: WAM) off-market takeover bid of rival firm Concentrated Leaders Fund (ASX: CLF) has been shunned by the target's board today following a review of the offer. CLF, an investment manager focusing primarily on ASX 200 listed entities, claims WAM's bid is opportunistic and significantly underval...

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NSW eases border restrictions for regional Victorians

NSW eases border restrictions for regional Victorians

Those living in communities on the New South Wales and Victorian border are now able to move more freely across state lines after restrictions were eased yesterday. As such, border community residents are able to travel within the region for any reason with a current permit. In addition, those residents that travel into NSW are not be obli...

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Female CEO representation going backwards in Australia

Female CEO representation going backwards in Australia

A report released today has found just one of the 25 CEO appointments at ASX200 companies in the past year was female, while the overall representation of women as CEOs dropped from 12 to 10. The 2020 Chief Executive Women (CEW) ASX200 Senior Executive Census reveals the number of women reaching senior leadership positions in ASX200 companie...

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Telehealth breakthroughs for Emerald Clinics, MedAdvisor

Telehealth breakthroughs for Emerald Clinics, MedAdvisor

With telehealth services experiencing tremendous growth due to the pandemic, two ASX-listed medical technology have announced new milestones today.  Perth-based Emerald Clinics' (ASX: EMD) Openly platform will be adopted by a COVID-19 recovery team at one of the USA's most prestigious research hospitals, while Melbourne-bas...

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Will Environment Minister Sussan Ley let a mine destroy koala breeding grounds?

Will Environment Minister Sussan Ley let a mine destroy koala breeding grounds?

In the next few weeks, federal Environment Minister Sussan Ley will decide whether to approve a New South Wales quarry expansion that will destroy critical koala breeding grounds. The case, involving the Brandy Hill Quarry at Port Stephens, is emblematic of how NSW environment laws are failing wildlife particularly koalas. Efforts to erode k...

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Kogan adds record number of new customers in August

Kogan adds record number of new customers in August

Kogan.com (ASX: KGN) witnessed the largest monthly increase of new customers in the company's history in August 2020 as sales and profit more than doubled. Active customers grew to 2,461,000 as at 31 August 2020, an incremental increase of 152,000. Other highlights for the online retailer in August include gross sales more than doublin...

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TM Insight eyes Asian expansion following XAct Solutions acquisition

TM Insight eyes Asian expansion following XAct Solutions acquisition

Supply chain specialist TM Insight will double the size of its team following the acquisition of XAct Solutions, powering the company up to expand in the Australian and Southeast Asian markets. Post-acquisition TM Insight's team of logistics specialists will grow to 110, during what co-founder and CEO Travis Erridge (pictured right) says...

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Dreamworld and WhiteWater World reopen in time for school holidays

Dreamworld and WhiteWater World reopen in time for school holidays

After six months of closures, Ardent Leisure's (ASX: ALD) Gold Coast theme parks Dreamworld and WhiteWater World have reopened to the public this morning, in time for Queensland school holidays. The two neighbouring parks were forced to close down back in March because of the COVID-19 pandemic and associated health risks to patrons, but ...

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How the New Payments Platform is changing the way we bank

How the New Payments Platform is changing the way we bank

The New Payments Platform (NPP) has significantly changed everyday banking over the last couple of years by speeding up the way we send and receive payments. Mutually owned by 13 organisations including Australia's largest banks and the RBA, the NPP was launched in 2018 with an open access infrastructure giving users faster&nbs...

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Medicision reaches deal to provide avatar-driven precision cancer treatment

Medicision reaches deal to provide avatar-driven precision cancer treatment

Sydney-based healthcare company Medicision has announced a new partnership allowing Australian cancer patients access to biotechnology that tailors treatments to the unique genetic complexity of their tumour network. Medicision has entered into an agreement with London-headquartered My Personal Therapeutics, which will harness the ...

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Uniti Group matches First State Super bid in tilt for OptiComm

Uniti Group matches First State Super bid in tilt for OptiComm

Shares in telco Uniti Group (ASX: UWL) rose like an acquisition target yesterday at a rate of close to 18 per cent, but in fact the reverse is true. Uniti has been trying to acquire fibre-to-the-premises (FTTP) network operator OptiComm (ASX: OPC) since June, and successfully completed an oversubscribed $270 million capital raising towards t...

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Netlinkz revenue surges 846 per cent as VIN tech gains traction

Netlinkz revenue surges 846 per cent as VIN tech gains traction

The following article is sponsored content in partnership with Netlinkz. Business News Australia does not give financial advice. VIN. For most people it is either the French word for wine, or the number on a car engine, but for the tech savvy it stands for Virtual Invisible Network, an evolutionary step in virtual networking that can ...

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SA lifts border for ACT travellers, but NSW will have to wait

SA lifts border for ACT travellers, but NSW will have to wait

ACT residents are able to travel to South Australia as of midnight last night without spending 14 days in quarantine, although they aren't able to do so by car as the Festival State's authorities still don't consider NSW to be a safe zone. Despite the positive developments for the ACT, SA Police Commissioner Grant Steve...

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Great news as regional Victoria set to open up

Great news as regional Victoria set to open up

Victorian Premier Daniel Andrews has heralded a "day of hope and optimism" today after regional Victoria met the requirements to enter the next stage in the roadmap to recovery from COVID-19. Regional Victoria will enter a Third Step easing of restrictions from midnight tomorrow night, including no restrictions on leaving home, the...

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Qantas mulls HQ move as downsizing rolls on

Qantas mulls HQ move as downsizing rolls on

National carrier Qantas (ASX: QAN) has announced further cost cuts to stay airborne during the pandemic, flagging plans to potentially exit its 49,000sqm Mascot, Sydney headquarters as well as Jetstar's head office in Collingwood, Melbourne. Following last month's announcement the airline would outsource ground staff jobs to sav...

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NAB subsidiaries to pay record $57m penalty for fees for no service breaches

NAB subsidiaries to pay record $57m penalty for fees for no service breaches

Two of NAB's (ASX: NAB) wealth management division entities have been ordered to pay a combined $57.5 million penalty for fees for no service (FFNS) breaches, the largest penalty for a civil action brought by the corporate watchdog in history. NULIS Nominees and MLC Nominees were found by the Federal Court of Australia to have made false...

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Victoria pledges $87m to bring outdoor dining to life

Victoria pledges $87m to bring outdoor dining to life

Victorians will be able to enjoy a summer of al fresco drinking and dining once COVID-19 trading restrictions on hospitality businesses are eased, thanks to almost $90 million in government funding. Announced today, the Victorian Government's 'Outdoor Eating and Entertainment Package' will target funding at hospitality businesses...

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NSW Government launches "neon grid" nighttime economy strategy to revive Sydney

NSW Government launches "neon grid" nighttime economy strategy to revive Sydney

Longer retail opening hours and reduced red tape for live performances and outdoor dining are part of a long list of actionable items set by the NSW Government today as part of a new 24-hour Economy Strategy for Greater Sydney. Even before COVID-19, Sydneysiders had a very low perception of their city's vitality when it came to nigh...

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City of Melbourne establishes $100m recovery fund

City of Melbourne establishes $100m recovery fund

A $100 million recovery fund created by the City of Melbourne and the Victorian Government will be used to reactivate the central city as the state progressively reopens. The funds will be used to invest in programs and infrastructure to kick-start the economy and attract workers and visitors back to the city. This will be achieved by exte...

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Starpharma nasal spray found to be effective at preventing COVID-19 infection

Starpharma nasal spray found to be effective at preventing COVID-19 infection

Testing of Starpharma's (ASX: SPL) nasal spray has been shown to inactivate more than 99.9 per cent of SARS-CoV-2, the virus that causes COVID-19. The effectiveness of the treatment depends on its use before or after exposure to the virus. Emboldened by the positive results, Starpharma has expedited production of the spray to make...

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