Business

Multimillion-dollar contractKey design tender for $250m CDU city campus up for grabs

THE key multimillion-dollar tender for a principal design consultant and sub-consultants to progress the $250m Charles Darwin University city campus is up for grabs.

GARY SHIPWAY, BUSINESS EDITOR

International tourismGovernment to pay overseas firms to spruik NT tourism in Europe amid COVID-19

THE NT Government is looking to hire tourism marketing representatives to work in Germany, the UK and other parts of Europe to spruik the Territory amid a global pandemic.

MADURA MCCORMACK

Repatriation effortBorder Force rejects Singapore-Darwin expat rescue plan

A BOLD idea to charter flights from Singapore to Darwin in a bid to return stranded expats to Australia is struggling to get off the ground, a former Darwin-raised pilot says.

JUDITH AISTHORPE

Economic RecoverySyrian billionaire pays $70m for popular Brisbane hotel

Syrian billionaire Ghassan Aboud has bought one of Brisbane‘s most popular hotels for about $70m in a sign the smart money may be banking on a tourism recovery sooner rather than later.

Glen Norris

Insolvency rulesSmall businesses thrown once in a generation lifeline

Struggling small businesses will be saved from bankruptcy and thrown a lifeline to restructure debts under the most significant reforms to Australia’s insolvency rules in 30 years.

Lanai Scarr

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Border shift
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Travel bubbles on cards with border rethink next week

The WA hard border may be torn down in stages with Chief Health Officer Andy Robertson flagging the possibility of travel bubbles, when he delivers his revised advice next week.

Josh Zimmerman and Peter Law

Legal dramasLiquidator sues trio over $1.9m payments

The legal problems are mounting for Peter Landau, with the liquidator of failed mining company Continental Coal suing the Perth dealmaker and two associates for more than $1.9 million.

Neale Prior

Motoring aheadRAC kicks higher on insurance boost

The motoring advocacy mutual says its motor and home insurance premiums jumped 14 per cent last financial year

Sean Smith

Media bargaining codeABC, SBS could receive payment from Facebook, Google

Communications Minister Paul Fletcher says the ACCC will consider submissions from the ABC and SBS that they should benefit from new laws that would see media companies compensated for their content.

Annabel Hennessy

Court ActionFailed building company bosses sued for $3m

The former directors of a Brisbane building company that collapsed with debts of $9.2m are now being sued by liquidators seeking to recoup the money owed to creditors.

Glen Norris

88 Energy tunes up Peregrine oil play on Alaska’s North Slope

88 Energy has tuned up its Peregrine oil project on Alaska’s lucrative North Slope by using advanced seismic analysis to demonstrate a favourable comparison with its neighbour, the giant Willow oil field operated by major US oil company, ConocoPhillips.

Matt Birney

Sponsored

Novo joins Victorian gold hunt

TSX-V listed Novo Resources is set to join the lucrative hunt for gold in Victoria after putting an option in place with Kalamazoo Resources to earn an initial interest in the Queens gold project south of Kirkland Lake’s well known 6.1 million-ounce Fosterville gold mine.

Matt Birney

Sponsored

Australian Potash goes green with renewable power solution

As Australian Potash charges toward production at its Lake Wells Sulphate of Potash operation in Western Australia, the company has further reduced the carbon footprint of its low cost, high margin DFS by choosing a renewable power option.

Matt Birney

Sponsored

BusinessCrown CEO denies misleading shareholders

Crown Resorts CEO Kenneth Barton says he did not mislead shareholders about providing confidential information to casino mogul James Packer.

Hannah Ryan

Looking upHBF sees pick-up as profit drops to $38m

WA’s biggest private health insurer says members are now also pulling forward planned procedures from next year

Sean Smith

Growing angerCBA staff go bananas over fruit box instead of pay rise

Commonwealth Bank bosses have been slammed for sending frontline workers a delivery of fruit and vegetables while offering them “an offensively low pay offer”.

Sophie Elsworth

Sihayo Gold mobilises Indonesia gold drilling campaign

Aspiring Indonesia gold producer, Sihayo Gold, is set to kick off a 5,500m diamond drilling program at the exciting Hutabargot Julu prospect at its Sihayo gold project in North Sumatra. The company plans to start drilling next month once drill rigs are flown into the mountainous jungle terrain by helicopter.

Matt Birney

Sponsored

Future is hereRobots set new standard for high-tech aged care

An aged-care home under construction in West Perth that will use futuristic technology such as robots and motion sensors is likely to set a new benchmark in accommodation for seniors.

Kim Macdonald

Development fearsUWA prime land sale angers locals

Developers are expected to pounce on prime land in Crawley after the university agreed to sell several blocks it owns within one of the State’s busiest development zones.

Kim Macdonald

CITY BEAT$24m crash behind CityCat builder

How closely did the Brisbane City Council examine the track record of the local boat builder who is now churning out the next generation of double-decker CityCats?

Anthony Marx

Board shake-upMyer shrinks board, cuts director fees

The embattled department store has avoided a brewing AGM showdown with disgruntled major investors after announcing plans to trim its board and permanently cut members’ fees.

Meilin Chew

Influential listTIME Magazine’s 100 most influential of 2020

A record number of women and health care workers have featured in the annual list in a year unlike any other.

Lily Hoffmann

Climate actionWesfarmers steps up carbon plan with new 2030 targets

But the group is still producing more emissions on the back of its big chemicals, energy and fertilisers businesses.

Sean Smith

Key marketsPerth Airport targets India for post-COVID travel boom

Perth Airport has called for a $40 million fighting fund to lure international airlines back to WA after border restrictions are relaxed, with India topping the hit list.

Geoffrey Thomas