Today
ASIC’s star witness in Jan Cameron case scant on details
Jon Adgemis says he was not involved in the formation of a company that lent money to Black Prince – the largest investor in Bellamy’s Australia.
- Carrie LaFrenz
A2 Milk shares rally after Citi keeps ‘buy’ call
Rival Danone SA showed growth in its China baby formula business channels in the September quarter, which bodes well for a2 Milk.
- Carrie LaFrenz
Yesterday
ASIC says Black Prince was ‘revived’ to hold Jan Cameron’s holding in Bellamy’s
The prosecution alledges that a Malaysian company lent money to Black Prince on certain terms, which were changed after the listing of the baby formula player on the ASX.
- Carrie LaFrenz
This Month
Vulcan steels itself for pent-up demand as lockdowns end
Old-fashioned cold calling by salespeople has helped Vulcan expand its customer base to above 7000 in two years.
- Simon Evans
Freedom Foods not out of the woods yet
Auditor Deloitte says two class actions and US legal proceedings means the manufacturer is facing material uncertainty that may cast significant doubt on its ability to continue as a going concern.
- Carrie LaFrenz
Orica targets 2050 net zero, Incitec Pivot hit with climate resolution
Explosives manufacturer Orica has told investors it is targeting net emissions zero by 2050, setting it apart from rival Incitec Pivot.
- Elouise Fowler
Close the Loop Group ready to print IPO
Print cartridge recycler Close the Loop sees its future growth coming from urban mining, in which is breaks down e-waste, batteries and even cosmetics.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
- Exclusive
- Food
Terry Paule aims to expand his vegan cheese sales offshore
The Findex chairman and the founder of BioCheese has tapped investment bank MA Financial Group (Moelis) to help find a capital investor to support future growth plans.
- Carrie LaFrenz
- Opinion
- Chanticleer
This Aussie fund may be world’s biggest Tesla bull
A Sydney-based fund believes Tesla shares are worth four times their current value. But it’s Holon’s view on the electric vehicle surge that should get investors thinking.
- James Thomson
Green light for China jab could revive daigou
Australia’s approval of Sinovac for international travel has led to a flurry of positive talk on Weibo and WeChat, which could help to revive the sidelined daigou channel.
- Updated
- Carrie LaFrenz
- Exclusive
- Class action
Slater and Gordon slaps class action on a2 Milk
The class action alleges that the baby formula and fresh milk company engaged in misleading or deceptive conduct, and breached continuous disclosure rules.
- Carrie LaFrenz
It may be time to buy a2 Milk, analysts say
The stock is down nearly 50 per cent in the calendar year to date, closing on Friday at $6.26. Just fifteen months ago it was fetching nearly $20 a share.
- Updated
- Carrie LaFrenz
September
Yume turns surplus food ‘hot potato’ into gold
Yume, an online platform for professional leftovers, has revamped its technology to make it easier for food manufacturers to donate unsold food.
- Sue Mitchell
Orica charting steady course after bruising 18 months
Orica’s share price jumped 3 per cent to $12.04 on Wednesday after issuing upbeat advice indicating the explosives company could be turning a corner.
- Elouise Fowler
Vulcan Steel to forge a strong growth path
The boss of the big Australasian steel distributor is eyeing benefits from customers reducing their reliance on China and says expansion is in its ‘DNA’.
- Simon Evans
Food supplies under threat unless contacts can continue to work
Food shortages are on the cards unless the ‘close and casual contacts’ definition is changed to allow fully vaccinated food & grocery staff to keep working.
- Sue Mitchell
BlueScope eyes new plant in US expansion
The steelmaker owns a painted and coated steel products plant in California, and may build another on the east coast of the US.
- Updated
- Simon Evans
Geelong Textile Group up for grabs via consultancy Adamant
The Geelong Textile Group, which supplied the material for the Australian Test Cricket teams’ baggy green caps, is up for sale for the first time in 40 years.
- Anthony Macdonald and Yolanda Redrup
Local battery industry a no-brainer, urgent review needed
A Flinders University report urges a 100-day urgent review of Australia’s supply chains using a similar model adopted by US President Joe Biden.
- Simon Evans
- Exclusive
- Manufacturing
Purearth Foods looks to plant-based and pet milks for its future
When new chief executive Bevan Tippett joined, the dairy and plant-based beverage manufacturer needed a revamp. It now has made its maiden profit.
- Carrie LaFrenz
