Victoria Business
Virus delays Vegemite return
IT was meant to be the day Australia reclaimed ownership of its famous spread. But Bega Cheese had to wait to take control of Vegemite after a computer virus delayed its deal.
Wiping the Slater clean
SLATER and Gordon chief Andrew Grech will part ways with the stricken law firm after 17 years at the helm under a recapitalisation plan that will transfer control to its lenders.
Who wants to buy Big M?
THE Australian dairy division of Japanese beer maker Kirin could prove a bottler for a canny buyer — but that all depends on whether you take a glass half-full or half-empty view.
Windfall bank tax lure for Victoria
VICTORIA could squeeze almost $350 million a year from the big banks if it introduced its own version of South Australia’s shock bank tax.
Bumper supply deal for Abcor
MELBOURNE-based automotive component maker Abcor is now the holder of the biggest supply contract for truck bullbars in the nation.
Co-op in milk price backflip
VICTORIAN dairy farmers look set for another uncertain year after Murray Goulburn Co-operative revised the farmgate milk price it announced just two weeks ago.
Iluka to mothball Hamilton plant
ILUKA Resources will put its mineral separation plant at Hamilton, in western Victoria, into “care and maintenance mode” from October, casting a cloud over the future of the site.
Moog making all the right motions
IMAGINE holding one of two tickets in a $200 million lottery but having to wait until early next year for the draw.
Myers, Baillieus to tie the knot
TWO of the nation’s richest families are proposing to merge their family office operations to create a $3 billion wealth management and intergenerational advisory powerhouse.
Big fish rally for minnows
ALMOST 40 companies including Australia’s six biggest corporations have signed up to a new code vowing to rapidly pay debts to small suppliers.
EnergyAustralia in $1bn lawsuit
ENERGYAustralia is being sued for almost $1 billion over claims it deliberately hid capacity problems at a major gas storage facility in Victoria during its sale
We can help needy, one at a time
AS we are increasingly connected by technology, I strongly believe we need to harness and cherish the good that comes from old-fashioned face-to-face conversation, writes Sue Cattermole.
Hot in kitchen on penalty pay
PENALTY rates remain the thorn in the side of hospitality industry leaders, even as they say they are ready to hire more staff as the sector flourishes, research reveals.
Slater on attack over UK flop
SLATER and Gordon will head to court in a bid to wrest back the bulk of its ill-fated $1.3 billion splurge in Britain.
Banks to reveal tax blow
AUSTRALIA'S main banks will start telling shareholders late next week exactly how much they expect to pay for the Turnbull government’s new banking tax.
Myer slide puts target on its back
MYER is increasingly a takeover target after a steep slide in its share price, a leading investment bank says.
Victoria’s tax relief a big jobs fillip
VICTORIAN business leaders have applauded the state government’s move to accelerate payroll tax relief but say more needs to be done for all companies to feel the benefits.
Deloitte names new team
PROFESSIONAL services group Deloitte Australia has appointed Victorian managing partner and experienced auditor Tom Imbesi as its new chairman.
A tale of two Budgets
TODAY’S state Budget and next week’s federal Budget will be like day and night — or rather, the first will be written in black ink, the other in red, writes Terry McCrann.
MG chiefs ‘misled’ farmers
THE competition watchdog will not seek monetary fines against Murray Goulburn but will instead seek to impose them on its former chief after it sued the dairy co-operative for alleged misleading conduct.
Japan Post’s $4.9bn Toll
JAPAN Post has plunged into the red after writing billions of dollars off the value of Australian logistics heavyweight Toll Holdings.
Amcor vows to stay in Venezuela
AUSTRALIAN packaging titan Amcor says operations are continuing at its troubled Venezuelan plastic plants despite the political unrest plaguing the nation.
Energy pain seen as the big issue
MORE than 20 per cent of Victorian businesses say they have no choice but to pass rising energy costs on to customers.
Hardy bikkies still choice of Anzacs
MORE than 100 years on, biscuits made in the tradition of those sent to the frontline by mothers, wives and sweethearts are being turned out at a Broadmeadows factory.
How NAB is refreshing customer service
A ONE-TIME pilot is flying fresh ideas on how banks should treat their customers, with NAB’s Antony Cahill on a mission to quell a fresh rise in anti-bank sentiment.
Catapult hits its targets with new recruit
MELBOURNE-based sports technology group Catapult is preparing to crack the big league, recruiting an ex-Seek executive to spearhead its next growth phase.
Cancer study signs first patient
A Melbourne pancreatic cancer patient will be the first to trial an Australian-developed tumour implant as part of a global clinical study
LOL: lots of learning
A Swinburne University lecturer has teamed with a Swinburne computer graduate to create Quitch, a game-based mobile learning platform.
Gas fear for state industry
VICTORIA risks losing its manufacturing base to Queensland as industry migrates north to take advantage of cheaper gas, the outgoing head of Shell Australia warns.
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