Articles

Public health alert issued for China Doll restaurant, Balmain pub shut down

Public health alert issued for China Doll restaurant, Balmain pub shut down

A number of new public health alerts have been issued for venues in New South Wales, including for high-end restaurant China Doll in Woolloomooloo and a golf club in Paramatta. A pub in Balmain has also been shut down for one week after authorities determined it had repeatedly breached COVID-19 restrictions. The alerts come after conf...

Read More...
More than a mini Hollywood: indie Gold Coast film productions on the rise

More than a mini Hollywood: indie Gold Coast film productions on the rise

As the home of Village Roadshow's (ASX: VRL) Australian operations, the Gold Coast has garnered itself a reputation as being the country's home of blockbuster Hollywood productions. But new research has found local production of independent content is on the rise, transforming the city into Australia's very own film and televisio...

Read More...
Travello, Flight Centre join forces on tourism experiences

Travello, Flight Centre join forces on tourism experiences

After booking an $875 million loss due to COVID-19, Flight Centre (ASX: FLT) is spreading its wings through a new partnership with Travello, a community-driven app for the booking and sharing of tourism experiences. Travello co-founder and CEO Ryan Hanly (pictured) says the Flight Centre deal is one of a string of new partnerships ...

Read More...
Zelira to launch new hemp-derived toothpaste in the US

Zelira to launch new hemp-derived toothpaste in the US

Listed cannabis company Zelira Therapeutics (ASX: ZLD) has today formed a new Oral Care products subsidiary, tasked with selling a hemp-derived cannabinoid-based toothpaste. The company plans on launching the toothpaste product in the USA by Q4 2020 in partnership with developer Sprinjene, a manufacturer of vegan, Kosher and Halal oral care ...

Read More...
ASX takes Smiles Inclusive to task as loan date looms

ASX takes Smiles Inclusive to task as loan date looms

After National Australia Bank (ASX: NAB) cast aside the prospect of recouping 36 per cent of its $19 million loan to dental group Smiles Inclusive (ASX: SIL), the loss-making company has conceded it probably won't be paying the remainder on time. SIL has until Friday to pay back $12 million to the bank - a deadline that raised ...

Read More...
Business insolvency and bankruptcy protections extended until the end of 2020

Business insolvency and bankruptcy protections extended until the end of 2020

Temporary insolvency and bankruptcy protections to assist financially distressed Australian businesses during the COVID-19 pandemic have been extended until 31 December 2020. The Federal Government will introduce regulations to extend the temporary increase in the threshold at which creditors can issue a statutory demand on a company, as wel...

Read More...
CSL to manufacture UQ and Oxford COVID-19 vaccines for Australia

CSL to manufacture UQ and Oxford COVID-19 vaccines for Australia

Biotechnology giant CSL (ASX: CSL) will manufacture more than 80 million doses of COVID-19 vaccines for supply in Australia, slated for release in 2021. The manufacture and supply agreements are contingent on the success of clinical trials at both the University of Queensland and Oxford University where the vaccines are being developed. On...

Read More...
QLD slates $1 billion for new investment funds, abolishes transfer duty for SMEs

QLD slates $1 billion for new investment funds, abolishes transfer duty for SMEs

  Queensland Treasurer Cameron Dick has today pledged $249 million to extend COVID-19 tax relief, as well as $1 billion towards two new funds for businesses and projects. The state will invest $500 million into the Backing Queensland Business Investment Fund, which the Treasurer likens to the Victorian Business Growth Fund and th...

Read More...
Victorian cases lowest since June

Victorian cases lowest since June

Victoria has today recorded its lowest daily case rate in more than two months at 41, reaching a level in line with conditions for the staged relaxation of restrictions planned for later this month. The state's Department of Health and Human Services (DHHS) announced the encouraging figures for the past 24 hours this morning, although it...

Read More...
Melbourne Stage 4 lockdown extended by two weeks, easing roadmap unveiled

Melbourne Stage 4 lockdown extended by two weeks, easing roadmap unveiled

With new daily cases of COVID-19 still above 60 in Victoria, Stage 4 lockdown restrictions in metropolitan Melbourne will be extended for two weeks before the state cautiously eases into a new normal. As such, current Stage 4 lockdowns will be in place until 28 September, subject to public health advice. But after that date Victorians will...

Read More...
All but WA agree to December border opening goal, NZ hotspot plan in the works

All but WA agree to December border opening goal, NZ hotspot plan in the works

The vast majority of Australia's states and territories have today agreed on ambitions to lift border restrictions and reach Stage 3 of the Federal Government's COVID-safe roadmap by December. In addition, the hotspot approach to facilitating or restricting free movement between states and territories may be expanded to New Zealand, ...

Read More...
Virgin creditors accept terms ahead of Bain Capital handover

Virgin creditors accept terms ahead of Bain Capital handover

Virgin Australia CEO Paul Scurrah says the airline is closer to exiting administration after a successful second meeting of creditors today, with expectations shares will be transferred to Bain Capital by 31 October. The US fund is buying out the group for $3.5 billion, and its 10 proposed deeds of company arrangement (DOCAs) cover...

Read More...
Eviction moratorium in VIC extended until March 2021

Eviction moratorium in VIC extended until March 2021

A moratorium on evictions in Victoria will be extended until 28 March 2021 to give both residential tenants and landlords more certainty as the state emerges from Stage 4 lockdowns. In addition, eligible residential tenants will now be able to apply for rental relief of up to $3,000, an increase of $1,000 to what was previously announced. ...

Read More...
GetSwift to call Canada home

GetSwift to call Canada home

Software group GetSwift (ASX: GSW) has announced plans to re-domicile in Canada in order to realign its business with the North American market. As part of the move, the company will list its new holding company, GetSwift Technologies Limited ("Holdco"), on the NEO Exchange in Canada, and delist from the ASX. The company says bei...

Read More...
"Bad payers won't be able to hide": New scheme to force supplier payment transparency

"Bad payers won't be able to hide": New scheme to force supplier payment transparency

The Federal Government expects new legislation passed in the Senate yesterday will "put every big business on notice" and help millions of small businesses be paid on time. Under the Payment Times Reporting Scheme, large businesses and applicable government enterprises with a total annual income of more than $100 million&...

Read More...
Wildflower Gin wins Gold, secures Coles distribution partnership

Wildflower Gin wins Gold, secures Coles distribution partnership

Less than three months after its launch, James Greig's (pictured) Wildflower Gin has been recognised by the Australian Gin Awards and secured a major partnership with Coles. Greig's new gin was awarded Gold in the 'classic dry' category at the Australian Gin Awards, which is run by the Australian Distillers Association. The...

Read More...
Watchdog files legal action against Dixon Advisory alleging conflicted advice

Watchdog files legal action against Dixon Advisory alleging conflicted advice

An advisory arm of Evans Dixon (ASX: ED1) has come under fire from Australia's corporate regulator for recommending clients invest in a related property fund that has since lost at least 87 per cent of its value. The Australian Securities and Investments Commission (ASIC) has today filed proceedings in the Federal Court against...

Read More...
Sydney: New public health alert issued for Fitness First in Randwick

Sydney: New public health alert issued for Fitness First in Randwick

UPDATE (11:50am, 4 September): New heatlh warnings issued for New Brighton Golf Club, Aldi North Strathfield, Bunnings Padstow. NSW Health has added new dates to a public health alert for Fitness First in the Sydney suburb of Randwick after confirmed COVID-19 cases attended the gym. Anyone who attended the gym between Sunday, 23 August and...

Read More...
QLD expands border bubble to Moree, records zero new cases

QLD expands border bubble to Moree, records zero new cases

After reporting its first 24-hour period of no new cases in 10 days, the Queensland Government has taken the decision to extend its border travel bubble to Moree in northern NSW. The move follows complaints from Moree residents who haven't been able to see their children in southern Queensland boarding schools, as well as the recent burn...

Read More...
Have we just stumbled on the biggest productivity increase of the century?

Have we just stumbled on the biggest productivity increase of the century?

One of the most striking responses to the COVID-19 pandemic has been the sudden, shift of around half the workforce to working at home. In many cases, this was combined with an equally sudden shift to home schooling. Contrary to what might have been expected, working from home was one part of the pandemic response that went remarkably...

Read More...
Starpharma secures funding to develop COVID-19 nasal spray

Starpharma secures funding to develop COVID-19 nasal spray

Shares in Starpharma (ASX: SPL) are on the rise after the pharmaceutical company announced it has received $1 million in funding to develop its COVID-19 nasal spray. The company was selected by the Australian Government's Medical Research Future Fund (MRFF) as a recipient of the funding to expedite the development and commercialisation o...

Read More...
Cromwell hits back at "misleading" claims from suitor ARA

Cromwell hits back at "misleading" claims from suitor ARA

A leadership struggle at Cromwell Property Group (ASX: CMW) is heating up today after management berated Singapore-based suitor ARA Group over what they claim to be a "patently incorrect understanding" of the Brisbane-based company's earnings. ARA is in the midst of a proportional takeover attempt which, if successful, would gi...

Read More...
Fintech DataMesh signs up private retail giant Peregrine

Fintech DataMesh signs up private retail giant Peregrine

Australian financial payment systems and software solutions provider DataMesh Group has secured its first major contract, signing up Adelaide-based Peregrine Corporation to service the point-of-sale needs of its retail operations. Peregrine, one of South Australia's largest private companies, will deploy DataMesh's full suite of fina...

Read More...
Churchgoers in isolation after COVID-19 case attended Sydney service

Churchgoers in isolation after COVID-19 case attended Sydney service

NSW Health has issued a public health warning for visitors of a church service at Life in the Spirit Ministry in Prestons after a confirmed COVID-19 case attended a service. Those who were at the Preston church on 30 August from 12.30pm to 2.30pm are considered close contacts and must be tested for COVID-19 and self-isolate for 14 days until...

Read More...
Senate inquiry says Zip Co and Afterpay can regulate themselves

Senate inquiry says Zip Co and Afterpay can regulate themselves

A culture of self-regulation is imperative to support the emergence of new Australian fintech models, according to an interim report from a Federal Senate Committee. The report says the growth of buy-now pay-later (BNPL) companies would be stifled if mandatory and specific laws were introduced to govern them. In addition, the Committee say...

Read More...
Victorian recovery roadmap to be released on Sunday

Victorian recovery roadmap to be released on Sunday

Victorian Premier Daniel Andrews (pictured) has described a recently leaked roadmap to recovery blueprint as "out of date" and clarified an updated plan will be announced on Sunday, 6 September. The leaked documents revealed by the Herald Sun signalled an extension of Stage 4 lockdown restrictions for two weeks, followed by an...

Read More...
SA declared COVID-19 free

SA declared COVID-19 free

Update: SA has since recorded one new case of COVID-19 on 5 September, its first in nearly two weeks. With no active cases South Australia has been declared COVID-19 free today by Premier Steven Marshall. It has been 10 days since SA last reported a positive COVID-19 case, and the state has only recorded 459 positive infections of the coro...

Read More...
ASIC obtains interim injunctions against Mayfair 101 founder

ASIC obtains interim injunctions against Mayfair 101 founder

The Australian Securities and Investment Commission (ASIC) has obtained interim orders in the Federal Court of Australia today against companies in the Mayfair 101 group and their director James Mawhinney. The orders include the appointment of provisional liquidators to M101 Nominees, the issuer of M Core Fixed Income Notes which Mayfair 101...

Read More...
THC Global shares plummet on CEO departure

THC Global shares plummet on CEO departure

One of Australia's leading listed medicinal cannabis companies THC Global (ASX: THC) has today announced the shock immediate departure if its CEO Ken Charteris (pictured), who was instrumental in acquiring a manufacturing facility in Queensland and securing major industry partnerships. Charteris was group CEO from July 2018, but before t...

Read More...
AFL Grand Final to be played in Brisbane

AFL Grand Final to be played in Brisbane

AFL chief executive Gillon McLachlan has today confirmed Queensland will be home to the Grand Final this year, with the Adelaide Oval playing understudy to Brisbane's Gabba in case any COVID-19 outbreak disrupts plans. The match will be held outside Victoria for the first time in 123 years, and will be the played under lights at night fo...

Read More...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 1487
Mudgeeraba QLD 4213

LoginTell a FriendSign Up to Newsletter