SA Business Journal
Court bid for Samra bankruptcy
![An Image Law](http://web.archive.org./web/20100215175109im_/http://resources3.news.com.au/images/2010/02/15/1225830/655863-an-image-law.jpg)
AN investor in Michael Samra's failed investment scheme was told previous investors had been paid so much cash they had to drive back to Brisbane.
Community CPS bounces back
![Profit](http://web.archive.org./web/20100215175109im_/http://resources1.news.com.au/images/2010/02/10/1225828/816873-profit.jpg)
ADELAIDE-based credit union Community CPS has bounced back from slower conditions, unveiling a $10.8 million first half after tax profit
More Drake Supermarkets stores
![Roger Drake](http://web.archive.org./web/20100215175109im_/http://resources3.news.com.au/images/2010/02/10/1225828/816799-roger-drake.jpg)
DRAKE Supermarkets will open four new stores this year despite the tough industry conditions.
Digislide eyes Apple connections
![Digishow](http://web.archive.org./web/20100215175109im_/http://resources3.news.com.au/images/2010/02/10/1225828/816835-digishow.jpg)
HAND-HELD projector maker Digislide is eyeing higher sales by retailing its product close to Apple offerings at Next Byte stores around the country.
Gerard Lighting plans $90m float
![Gerard Lighting](http://web.archive.org./web/20100215175109im_/http://resources1.news.com.au/images/2010/02/09/1225828/284061-gerard-lighting.jpg)
THE Gerard family is planning to raise up to $90 million in a public float of its lighting business.
SA hit hardest in exports plunge
![AN Image SABJ exports](http://web.archive.org./web/20100215175109im_/http://resources0.news.com.au/images/2010/02/09/1225828/459148-an-image-sabj-exports.jpg)
SOUTH Australia recorded the largest international trade drop of all states last year as a result of global crisis and the strong Australian dollar.
Lion Nathan appoints SA beer chief
![Jake Parkinson](http://web.archive.org./web/20100215175109im_/http://resources3.news.com.au/images/2010/02/05/1225827/054319-jake-parkinson.jpg)
LION Nathan has looked close to home to appoint a new head of its South Australian beer operations.
Green is the NEW GOLD
![AN Business Image Wind](http://web.archive.org./web/20100215175109im_/http://resources0.news.com.au/images/2010/02/02/1225826/056732-an-business-image-wind.jpg)
CLEAN technology development in South Australia has the potential to be worth more than $40 billion by 2030, industry experts say.
Showcase of fertile fields for investors
![AN Business Image Adelaide](http://web.archive.org./web/20100215175109im_/http://resources1.news.com.au/images/2010/02/02/1225826/059585-an-business-image-adelaide.jpg)
MORE than 300 local, national and international delegates have signed up for SA's first major environmental investment conference this month.
Nuclear power a moot issue for SA
![AN Business Image Tim O'Loughlin](http://web.archive.org./web/20100215175109im_/http://resources2.news.com.au/images/2010/02/02/1225826/063078-an-business-image-tim-o-039-loughlin.jpg)
NUCLEAR power has a place in our power generation arsenal, but the state's abundance of renewable fuels makes it a moot issue.
Cheap landfill chokes recyclers
![AN Business Image Recycling](http://web.archive.org./web/20100215175109im_/http://resources3.news.com.au/images/2010/02/02/1225826/063539-an-business-image-recycling.jpg)
SOUTH Australia's recycling initiatives can underpin a $5 billion-dollar industry, but low landfill levies are constraining growth.
Salt plant has bitter side for water jobs
![AN Business Image Water](http://web.archive.org./web/20100215175109im_/http://resources3.news.com.au/images/2010/02/02/1225826/065603-an-business-image-water.jpg)
THE State's smart water technologies are making their mark overseas - but local opportunities are not coming fast enough.
Lack of growth fails to deter Rural Bank
![Money](http://web.archive.org./web/20100215175109im_/http://resources1.news.com.au/images/2010/02/03/1225826/401137-money.gif)
Rural Bank has reported an improved net profit after tax of $26.8 million for the six months ended December 31, despite a lack of growth across the sector.
Showground a "power station"
![Solar power](http://web.archive.org./web/20100215175109im_/http://resources1.news.com.au/images/2010/02/03/1225826/388457-solar-power.jpg)
ADELAIDE Showground is the largest urban solar power plant in Australia, with a huge array of 12,720 panels across six rooftops.
Maptek laser scanner ready to go global
![Mining](http://web.archive.org./web/20100215175109im_/http://resources2.news.com.au/images/2010/02/03/1225826/388182-mining.jpg)
A NEW laser scanner tailor-made for the mining sector will take the work of an Adelaide-based development team to the world.
Osmoflo's first desal plant heads to WA
![Osmoflo's desal plant on its way to WA](http://web.archive.org./web/20100215175109im_/http://resources1.news.com.au/images/2010/02/03/1225826/391121-osmoflo-039-s-desal-plant-on-its-way-to-wa.jpg)
THE first of three reverse osmosis desalination plants being designed and constructed by Osmoflo for the multi-billion dollar Gorgon liquefied natural gas project, is on its way to WA.
Restructure drives Australian Vintage
![Wine](http://web.archive.org./web/20100215175109im_/http://resources2.news.com.au/images/2010/01/28/1225824/260646-wine.gif)
AUSTRALIAN Vintage is swimming against a falling tide in the Australian wine sector thanks to an improved sales result for the past year and its lowest debt level since 2001.
Adtrans forecasts higher profits
![Adtrans sees more profits ahead](http://web.archive.org./web/20100215175109im_/http://resources2.news.com.au/images/2010/01/28/1225824/447426-adtrans-sees-more-profits-ahead.jpg)
CAR and truck retailer Adtrans Group upgraded its full year profit forecast by up to 30 per cent, after flagging a surge in interim earnings.
Northline eyes blue-chip contracts
![Northline gears up for more contracts](http://web.archive.org./web/20100215175109im_/http://resources1.news.com.au/images/2010/01/27/1225823/975037-northline-gears-up-for-more-contracts.jpg)
SA-BASED transport and warehousing giant Northline is waiting on responses to four blue-chip tenders as it pushes for substantial growth in 2010.
GHD flying high on aviation contracts
![Aviation](http://web.archive.org./web/20100215175109im_/http://resources0.news.com.au/images/2010/02/10/1225828/829600-aviation.gif)
GHD sees more growth for its aviation services after securing work on the proposed expansion of a new airport terminal and aerodrome in WA.
Island Sky faces market regulator queries
![ASX](http://web.archive.org./web/20100215175109im_/http://resources3.news.com.au/images/2010/02/10/1225828/822975-asx.jpg)
ISLAND Sky Australia says revenues from sales of its air-to-water machines are running two-three months "behind expectations".
Stratco plans water conservation
![Water](http://web.archive.org./web/20100215175109im_/http://resources2.news.com.au/images/2010/02/10/1225828/823030-water.jpg)
BUILDING and hardware specialist Stratco is investing in a storm water catchment, filtration and irrigation system at its Gepps Cross site.
Former founder returns as AIBC SA president
![AN Image SABJ Malani](http://web.archive.org./web/20100215175109im_/http://resources0.news.com.au/images/2010/02/09/1225828/463972-an-image-sabj-malani.jpg)
ADELAIDE-born Natasha Malani, will take on the role of state president of the Australia-India Business Council, following Ken Meek's resignation.
SA still wine capital of Australia
![Winery by the Gazebo](http://web.archive.org./web/20100215175109im_/http://resources2.news.com.au/images/2009/10/10/1225785/336914-winery-by-the-gazebo.jpg)
SA is still the wine state of Australia, despite a major blunder by national statisticians who said we'd been overtaken by NSW.
'Big wine' blamed for glut
![wines](http://web.archive.org./web/20100215175109im_/http://resources3.news.com.au/images/2010/02/08/1225828/058631-wines.jpg)
ONE of the country's leading winemakers has accused Australia's big wine corporations of being responsible for the industry's major problems.
Showground a "power station"
ADELAIDE Showground is the largest urban solar power plant in Australia, with a huge array of 12,720 panels across six rooftops.
Banks back Terramin's Algerian project
![Bankers back Terramin project](http://web.archive.org./web/20100215175109im_/http://resources0.news.com.au/images/2010/01/29/1225824/816360-bankers-back-terramin-project.jpg)
TERRAMIN Australia has received two proposals to fund its Tala Hamza zinc and lead mining operation in Algeria.
Seeley's breakthrough in cooling
![Frank Seeley](http://web.archive.org./web/20100215175109im_/http://resources2.news.com.au/images/2010/01/29/1225824/814170-frank-seeley.jpg)
ADELAIDE-BASED airconditioning firm Seeley International launched new energy-efficient cooling technology which it says is the ``breakthrough of the century'' in its field.
McPhee moves to Members Equity
![Jamie McPhee](http://web.archive.org./web/20100215175109im_/http://resources1.news.com.au/images/2010/01/28/1225824/440661-jamie-mcphee.jpg)
THE head of retail banking at Bendigo and Adelaide Bank, Jamie McPhee, has resigned to take up another position in the banking industry.
Island Sky machines in Haiti
![Water](http://web.archive.org./web/20100215175109im_/http://resources3.news.com.au/images/2010/01/27/1225823/975179-water.jpg)
ISLAND Sky Australia is donating its water-making machines to Haiti in a bid to contribute to relief efforts in the earthquate-hit region.
Bionomics sets up for US renal cancer trials
![Bionomics sets up for US drug trials](http://web.archive.org./web/20100215175109im_/http://resources3.news.com.au/images/2010/01/27/1225823/975131-bionomics-sets-up-for-us-drug-trials.jpg)
CLINICAL trials of Bionomics' lead anti-cancer compound have opened for enrolment in the US.
Philmac to enter Italian market
![Philmac managing director Chris Stathy](http://web.archive.org./web/20100215175109im_/http://resources2.news.com.au/images/2010/01/27/1225823/955702-philmac-managing-director-chris-stathy.jpg)
SA PIPE fittings specialist Philmac is sending exports to Italy next week as it looks to overseas markets for continued growth.
Cashflow crisis for business owners
![Cashflow](http://web.archive.org./web/20100215175109im_/http://resources1.news.com.au/images/2010/01/26/1225823/609145-cashflow.jpg)
BUSINESS owners remain under cash flow pressure as payment terms deteriorated in the December quarter, a survey shows.
Bakers Delight seeks franchisees
![Ian Faneco](http://web.archive.org./web/20100215175109im_/http://resources1.news.com.au/images/2010/01/26/1225823/609981-ian-faneco.jpg)
A NATIONWIDE search is on for prospective franchisees able to rise to the task and make themselves some dough at Bakers Delight.
Finlaysons leader of the pack
![George McKenzie](http://web.archive.org./web/20100215175109im_/http://resources2.news.com.au/images/2010/01/26/1225823/603342-george-mckenzie.jpg)
COMMERCIAL law firm Finlaysons is a leader in the energy and resources field in South Australia, according to the Australasian Legal Business magazine's latest list of recommended firms.
Rule change to hit trade migrants
![Migration rule change to hit trade students](http://web.archive.org./web/20100215175109im_/http://resources0.news.com.au/images/2010/01/26/1225823/600368-migration-rule-change-to-hit-trade-students.jpg)
NEW migration regulations unfairly punish international students and will affect their numbers, the Migration Institute of Australia says.
Office vacancy rate now tops 8pc
![Office vacancies up](http://web.archive.org./web/20100215175109im_/http://resources1.news.com.au/images/2010/01/26/1225823/604713-office-vacancies-up.gif)
THE VACANCY rate in the Adelaide office market hit 8.2 per cent in the December quarter, rising significantly as new speculative office space was completed.
Motorsport complex developers want land
![Mel Caruso](http://web.archive.org./web/20100215175109im_/http://resources2.news.com.au/images/2010/01/26/1225823/607458-mel-caruso.jpg)
DEVELOPERS behind a $150 million motorsport complex proposal will hit the streets today to protest against the Government's inaction on the project.
Easling and Hills in dispute on buyout
![Easling and Hills in dispute](http://web.archive.org./web/20100215175109im_/http://resources2.news.com.au/images/2010/01/26/1225823/596866-easling-and-hills-in-dispute.jpg)
FORMER Fielders Australia managing director John Easling says he has struck a deal with Hills Industries to sell his stake in the business, and end a legal dispute between the parties.
US buy next step for UXA
![UXA buys US company](http://web.archive.org./web/20100215175109im_/http://resources1.news.com.au/images/2010/01/26/1225823/600109-uxa-buys-us-company.jpg)
URANIUM Exploration Australia (UXA) has bought US company GeoInstruments for $US1.27 million.
More interest in green loans
![Loans to turn green](http://web.archive.org./web/20100215175109im_/http://resources0.news.com.au/images/2010/01/26/1225823/597884-loans-to-turn-green.jpg)
CREDIT union customers are turning green in growing numbers thanks to interest-free loans for environmental improvements to homes.
Arasor results eagerly awaited
![Arasor results awaited](http://web.archive.org./web/20100215175109im_/http://resources1.news.com.au/images/2010/01/26/1225823/579305-arasor-results-awaited.jpg)
COMPANY and market regulators have put shareholder complaints about Arasor on hold, and are understood to be waiting for the company to lodge its Dec 2008 results before acting.
Bianco denies exit strategy
![Nick Bianco](http://web.archive.org./web/20100215175109im_/http://resources2.news.com.au/images/2010/01/26/1225823/581310-nick-bianco.jpg)
ADELAIDE building magnate Nick Bianco is looking to refinance his business, but has denied rumours he is preparing to sell out of the company he created.
$18m Digislide deal voted down
![Digislide CEO Luceille Outhred](http://web.archive.org./web/20100215175109im_/http://resources0.news.com.au/images/2010/01/26/1225823/548556-digislide-ceo-luceille-outhred.jpg)
SHAREHOLDERS in Adelaide-based technology firm Digislide have rejected an $18m financing proposal described as an "absolute coup" two months ago.
Viterra to halve Australian debt
![Viterra to halve Aussie debt](http://web.archive.org./web/20100215175109im_/http://resources3.news.com.au/images/2010/01/25/1225823/174539-viterra-to-halve-aussie-debt.gif)
CANADIAN grain handler and marketer Viterra will halve the short-term debt of its Australian business with a $300m payment to financiers by the end of January.
News
Will they ever learn?
![burnouts](http://web.archive.org./web/20100215175109im_/http://resources3.news.com.au/images/2010/02/15/1225830/684679-burnouts.jpg)
FRIENDS of three teenagers killed in a crash in Mt Compass last month have been doing burnouts around the tree where they died in a bizarre "tribute" to the victims.
Sport
Robbie Gray back in NAB mix
![Robbie Gray](http://web.archive.org./web/20100215175109im_/http://resources0.news.com.au/images/2010/02/15/1225830/647412-robbie-gray.jpg)
PORT Adelaide midfielder-forward Robbie Gray is eligible to represent the Power in the NAB Cup pre-season after serving a club-imposed penalty.