SA Business Journal
Hills dives on profit downgrade
A WEAK steel market will cause Hills Holdings to fall short of last year's half-year result by 30 per cent.
Insurance boost for Penrice
PENRICE is on track to increase underlying profit for the full year, assuming it gets a $5m insurance payout.
Silver City mine draws on SA links
BROKEN Hill Prospecting will draw on historic links with Adelaide as it tries to revitalise the industry around the NSW town.
Elders predicts recovery
RURAL services provider Elders has predicted recovery next year following years of financial turmoil.
Coopers' DIY kits walk out the door
SA brewer Coopers has teamed up with local air conditioner maker Seeley to produce a new home brewing kit.
Ponzi creditors won't see any returns
FIVE years after Guiseppe "Joe" Mercorella's ponzi scheme collapsed, creditors of five of his companies have been told they will not see a return.
IronClad to raise $28.6m for SA mine
IRONCLAD'S Wilcherry Hill mine on the Eyre Peninsula will cost $26.3m to build.
Sparkling deal for the Reds
ICONIC South Australian company Coopers Brewery is Adelaide United's new major sponsor.
Success is sweet for Robern Menz
DEMAND for FruChocs and other treats has prompted Robern Menz to introduce a second shift at its Glynde factory.
Social tools for wine entrepreneur
FORMER wine body chief John Harvey is using social networking to push his business during a low ebb for the industry.
$100,000 for local solar tracker
SOLAR Shop Australia and Hydragate will use a $100,000 state grant for a locally made solar tracker system.
ACCC puts squeeze on Berri juice
NATIONAL Foods has been forced to rebrand Berri Australian Fresh juice after an ACCC investigation.
Elders buys vet supply business
ELDERS has paid $4.5 million for the Elders Vet Supply agency business.
Santos confirms Korean LNG deal
SANTOS has locked in more than $US120 billion of gas sales for its Queensland liquefied natural gas project.
Austral buys Whyalla hardware store
AUSTRAL Corporation has bought Whyalla's largest hardware store, Bob's Home Hardware & Timber, to expand its local footprint.
New app for Chinese wine drinkers
ADELAIDE start-up WhatWine has launched a free, bilingual iPhone app for China's emerging wine drinkers.
Barossa-style wining and dining
BAROSSA lovers can win a chance to wine and dine with the region's famous chefs and winemakers.
Growth challenge for small lenders
THE so-called "fifth pillar" of the banking sector must prove it can meet the challenge of growth expected of it.
Our farmers to reap the riches
SOUTH Australian farmers will top the nation with the best financial performance due to sharp improvements in production and prices in 2010-11.
Beach Energy in control of Impress
BEACH Energy has taken a majority stake in Impress Energy, meaning a rival takeover is impossible without its cooperation.
China's White Knight of Cairn Hill
IT'S all about being in the right place at the right time for Chinese investor Song Yuangang.
LMC counting cost of state growth
A STATE Government agency is looking for new ways to pay the state's growing infrastructure bill.
SA pubs tackling cuts and bans
SOUTH Australia's hotel industry is "sort of" prospering but is up against a number of challenges.
WPG hands down Pt Pirie contract
WPG has chosen Kerman Contracting to design and construct its iron ore storage facility at Pt Pirie.
Signostics seeks foreign partner
SIGNOSTICS is in talks with potential overseas partners to grab a larger slice of the healthcare market.
Demand drives new MTA centre
DEMAND for diesel mechanics drove the construction of a workshop to train SA's motor trades apprentices.
Wilcherry Hill partners halt trading
SA junior miners IronClad and Trafford Resources are in trading halts ahead of a capital raising announcement.
Valued staff told to take a package
BOSSES are giving presents instead of cash bonuses or pay rises to reward staff and retain skilled workers.
Holden in Cruze control
THE Cruze will challenge the Commodore for bragging rights at Holden's Elizabeth plant next year.
Arasor's report card a sea of red
ARASOR has delivered its June 2009 result, posting a $4.7 million half-year loss.
Gliderol slides towards $42m sale
SA ROLLER door maker Gliderol has been bought by GWA Group for $42 million.
Y&R; to reopen Adelaide office
THE local advertising market is set to get a shake-up with George Patterson Y&R reopening an Adelaide office.
Iron ore, uranium drilling on rise
MINING companies have spent $45.2 milion in South Australia during the September quarter.
HP to double Adelaide workforce
TECHNOLOGY giant Hewlett-Packard wants to double its Adelaide workforce.
Bickford's squeezes in UK brand
BICKFORD'S Australia has signed its first manufacturing and distribution deal with a large UK soft drinks maker.
Havilah may scale down project
HAVILAH Resources is evaluating scaling down its Kalkaroo copper-gold project near Broken Hill.
Electric car recharge at Clovelly Park
MITSUBISHI Motors will unveil Australia's first electric vehicle recharging station for its i-MiEVs at Clovelly Park this month.
Coopers malt extract exports up
NEW Asian customers of Coopers Brewery's malt extract lifted exports by 47 per cent last financial year.
Impress investor vetoes Beach's bid
BEACH Energy's new bid for Impress Energy has been rejected by the company's major shareholder.
Billions to boost SA power network
UP to $6 billion could be spent on SA's electricity transmission network by 2020 as demand for power increases.
Digislide cuts debt with equity handouts
DIGISLIDE has cut more than $565,000 from its books in a debt-equity swap, swelling its share base by 8 per cent.
AGL wins landmark court case
THE Adelaide environmental court has ruled in favour of AGL's Hallett 3 wind farm project at Mt Bryan.
State high on rural confidence
AMID the gloom of severe drought in WA and flooding rains on the east coast, SA remains the standout state with high levels of rural confidence.
City Council a 'progressive body'
LORD Mayor Stephen Yarwood wants to reassure businesses that the city council is a progressive body, keen to work with traders and the Government.
First branch of merged credit union
THE merged Australian Central and Savings & Loans credit union is on target to open its first branch.
News
'We're lucky to have each other'
POLITICAL leaders have bestowed their Christmas wishes to the Australian people and asked them to keep our troops in mind over the festive season.
Sport
Ponting cleared for battle
RICKY Ponting has declared himself fit for the Boxing Day test with his injured finger surviving a training session at the MCG.