Business

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Oracle’s free virus system knocked back by Feds

The Federal Government is could pour hundreds of millions of dollars into its own COVID-19 vaccine technology, despite being offered a free IT platform from one of the world’s biggest software firms.

Lanai Scarr

In demandStock supplies and slow delivery hit WA operators

Supply chain issues are emerging as the biggest challenge for many WA operations, with local business owners warning getting stock from overseas is starting to affect trade.

Meilin Chew

BusinessQantas to update investors on COVID battle

Qantas bosses will update shareholders on the airline's battle through the coronavirus pandemic at its annual general meeting.

Steven Deare

ANNUAL REPORTJacana Energy falls into the red due to disputed billing error

THE Northern Territory’s main power provider Jacana Energy sunk into the red in 2019-20, recording massive negative turnaround from the previous year

Natasha Emeck

BusinessDarwin Major Business Group gets new leader

THE key Darwin business group, set up to help the Gunner government shed its wobbly trainer wheels, has undergone some leadership changes

GARY SHIPWAY

‘Appropriate and correct’NLC backs Origin in fracking stoush with traditional owners

The Northern Land Council has backed Origin Energy’s position in a stoush with traditional owners over its plan to frack the Beetaloo Basin

Jason Walls

TRIMMEDFranchisees accuse hair chain of misusing $1.5m

Furious Price Attack franchisees have lodged a complaint with the ACCC claiming the company misused money.

Hayden Johnson

Tax relief hope for AVZ at Manono lithium project

AVZ Minerals has finally made solid headway in its efforts to set up a Special Economic Zone agreement inside the Democratic Republic of the Congo. If ratified, the agreement would enshrine significant tax concessions to the company in relation to its 75 per cent owned Manono lithium project in the DRC.

Matt Birney

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GRAIN DUSTERAlbany wheat hope turns into nightmare legal battle

Judge warns there “will be nothing left to fight over” if failed grain hope Vicstock and Heilongjian Feng cannot sort out legal row.

Neale Prior

Lindian scoops up Woula bauxite deposit

Lindian Resources has signed an agreement to acquire the Woula bauxite project in Guinea, scooping up a 75 per cent holding in the near-term production asset. The project sits just 10km from an established mine haul road linking it to a nearby export port facility at Katougouma.

Matt Birney

Sponsored

Show stopper$2m hit to Royal Ag Society for show cancellation

An eleventh hour decision to cancel the Perth Royal Show after the State Government’s phase five COVID restrictions were pushed back has cost the organiser more than $2 million.

Jenne Brammer

Calidus set for main Warrawoona gold mine build start

Calidus Resources remains on track to start the main construction phase of its new Warrawoona mine development during the first quarter next year. Located 20km south-east of Marble Bar in WA’s East Pilbara, the project’s early capital works are progressing steadily while a number of long lead items have been ordered.

Matt Birney

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CEO DepartureCrown’s Australian resorts boss Barry Felstead to exit

Perth staff at Crown Resorts have been informed this afternoon that Barry Felstead will step down as the company’s chief executive of Australian Resorts.

Danielle Le Messurier

FINANCIAL REPORTTerritory net debt hits $5.7 billion

THE Territory’s net debt hit $5.7 billion last financial year, about $150 million less than what was previously forecast.

Natasha Emeck

Comet secures access to Barraba copper project

ASX-listed gold and base metals explorer, Comet Resources, has reached a breakthrough agreement that frees it up to proceed with exploration at the historic Barraba copper project along the Peel Fault line in the New England Fold Belt region, NSW.

Matt Birney

Sponsored

Emu puts boots on ground in WA

Emu NL has wasted no time in getting boots on ground at the 8 Mile project near the Menzies gold mining centre in WA while it makes preparations to commence extensional drilling at the high-grade Gnow’s Nest gold deposit, south of Yalgoo.

Matt Birney

Sponsored

CITY BEATPopular Brisbane craft brewer closes doors after acquisition

An award-winning craft brewer on the Gold Coast is set to move in to the Brisbane market after acquiring a popular local brand that started as a backyard “gypsy’’ brewing venture. It will trade for the last time this Sunday.

Anthony Marx

CRIPPLEDThe Bribie Island business bleeding $3m due to COVID

Retirement was just months away for 44-year travel industry veteran John Layton when COVID smashed the sector and his livelihood. Since February, the Bribie Island businessman has refunded almost $3m to customers.

Hayden Johnson

BusinessCrown Resorts apologises to investors

Crown Resorts shareholders have cast a sizeable vote against directors at the company's annual general meeting, which prompted one to retire.

Tough goingResolute slumps on soft September quarter

Gold miner’s shares cop another hit on poorly received update which comes just days after it parted ways with managing director John Welborn.

Stuart McKinnon

Shipbuilder respondsAustal denies wrongdoing amid ABF corruption claims

The shipbuilder has denied any wrongdoing amid media reports of corruption by Australian Border Force staff stemming from milestone payments for eight Cape Class patrol vessels.

Daniel Newell

Stellar listingGold play Miramar stars on ASX debut

Allan Kelly-led explorer lists at more than double its 20¢ issue price as junior gold sector enjoys buoyant times.

Stuart McKinnon

BusinessReserve bank deputy ducks rates discussion

Reserve Bank deputy governor Guy Debelle has steered clear of discussing monetary policy during an address to a foreign exchange conference.

Colin Brinsden

Alliance Party turmoilFinger of blame pointed at Mills, Lambley as splits revealed

TERRITORY Alliance Party secretary Danial Kelly has pointed the finger of blame for the party’s election disaster at the party’s senior political figures

GARY SHIPWAY