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SA Business Journal

SkyCity Aussie boss quits as money laundering hit looms

SkyCity’s Australian boss David Christian has resigned – the second executive to bow out in as many weeks – as the company awaits major money laundering penalties.

Forrest-backed green hydrogen joint venture on the horizon

Andrew Forrest-backed Sparc Technologies is progressing plans for a green hydrogen pilot by mid-year to test its potentially game-changing technology.

Woolworths wants beefed up rules for global rivals

Australia’s grocery giants support a mandatory code of conduct, but Woolworths wants global rivals like Amazon and Costco to be held to the same standards.

Under the pump: OTR agrees to staff pay deal

One of SA’s largest employers will back-pay or credit millions of dollars to staff after an investigation sparked by an unusual number of watchdog inquiries.

Elders issues steep downgrade but warns of more to come

The agricultural services and products group’s shares have fallen sharply after cutting its profit forecast, while also warning there could be more pain in store.

‘Disastrous’: New home starts set to plummet

New home starts in SA are set to plummet next year in what a leading industry body has labelled a “disastrous” result amid the current housing crisis.

Qantas bets on big boost to frequent flyer scheme

It’s the change the Qantas frequent flyer program had to make, but will it fix widespread frustration among its 15 million-plus members?

ASX 200 up; Ansell climbs; Elders recovers

Consumer sentiment sinks: Westpac. Broker upgrades for Ansell as completes $400m placement for Kimberly Clark asset buy. Analysts tip Elders' future earnings 'more normal'. Data ha...

Should you buy booming bitcoin, gold, both or neither?

Price records are tumbling for bitcoin and gold as buyers dive in, and investors are wondering whether to buy or take some profits.

Beach Energy reveals fresh delays, cost blowouts

The under-fire group has sought to draw a line under a spate of issues, revealing its main growth project will be at least six months behind schedule and cost 30 per cent more.