Email

Email

View in browser

16th April 2024

SA Business Journal

Woolworths boss and Greens Senator in fiery clash

Woolworths CEO Brad Banducci has been accused of trying to ‘bulls**t’ the supermarkets inquiry and threatened with jail time for contempt after refusing to answer a question.

Game over at Mighty Kingdom

Entrepreneur Shane Yeend has sold out of game developer Mighty Kingdom, bringing to an end an acrimonious battle for control of the company.

Accolade to buy out red wine growers in the Riverland

Accolade Wines is offering to buy out red wine grape growers in the Riverland and restructure a major contract, warning it is the only path to viability.

Show us the money: Workers walk off the job over ‘unliveable wages’

More than 100 workers have walked off the job at a Dudley Park factory with employees demanding an 18 per cent wage increase.

Mega $140m deal creates 50 new high-paying jobs for South Aussies

A $139.5m contract will create dozens of new lucrative jobs for South Australians – including entry-level apprenticeships. Here’s how to cash in.

Star spied on Weeks amid war with regulators: inquiry told

Star Entertainment was spying on the diary of special casino manager Nicholas Weeks as part of a ‘process of preparing for war’ with the regulators.

The way to make plastic fantastic

An Adelaide company believes it can be part of the solution to the plastic waste crisis by converting used plastics into bridges and other building structures.

ASX sinks 1.8pc; Woolies CEO under fire

Senator warns Brad Banducci on possible contempt and jail. ASX in biggest two-day fall in six months. Star dives on casino closure fears. Dollar at five-month low. EY kicks off job...

Battery power on the rise but will not replace petrol engines

Unlike fellow Swedish-headquartered company Volvo, Husqvarna isn’t set to shut down its production of petrol engines despite soaring growth in battery-powered equipment. Here’s why...

Strong markets drive super fund returns

Double-digit returns are on the cards for super funds this year, with the median balanced option delivering 8.8 per cent for members over the nine months to the end of March.