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8th November 2024

SA Business Journal

Airport flying high but Rex exit hits domestic travel

Adelaide Airport has welcomed a record number of passengers, but the collapse of Rex Airlines has fuelled calls for a third domestic player to ease prices.

Optus slugged $12m for triple-0 failures

Optus has been hit with a $12m penalty for failing to connect more than 2000 people to emergency services during a national outage.

ANZ’s $6.7bn profit short of market expectations

The scandal-hit banking giant says the Australian economy is still strong, with high jobs growth and a low number of bad loans.

ASX 200 hits two-week high; Block, ANZ down

Super fund HESTA demands early exit for MinRes CEO Chris Ellison over tax probe. Scandal-hit ANZ's FY24 cash profit drops to $6.7bn. Cuscal kicks off $336.8m IPO roadshow. Block d...

33-storey apartment tower plan for historic CBD pub site

A historic CBD pub would be restored, turned into a cafe, and have a 33-storey accommodation building towering over it under a new plan.

‘Significant sponsorship’: Premier’s update following Vailo raids

The premier has revealed where the 2024 event sits following a raid on Vailo businessman Aaron Hickmann’s offices.

$15bn share bonanza for Chemist Warehouse kings

Having met in 1980 in northern Melbourne, the trio have gone on to build an Australian retail powerhouse and their deal to merge Chemist warehouse with Sigma could result in a shar...

High prices and shrinkflation top consumer supermarket concerns

The ACCC has begun public hearings for its inquiry into the supermarkets sector, although it won’t take evidence on the current court case on alleged ‘fake discounts’.

PwC tax leaks partners face 10 years in jail

The AFP has warned its investigations into the PwC tax scandal are being frustrated by legal professional privilege claims on documents seized from the firm.

‘Another big thing to do’: Domino’s CEO reveals next role

Don Meij may be stepping down from the giant Domino’s franchise he took from suburban Brisbane to a $4bn global success story, but he’s not exiting the corporate world altogether.