Category: Business
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StorageX wins Rising Star Award!
StorageX has won the coveted Rising Star Award at the Monash Business Awards in Melbourne. The Monash Business Awards were held earlier this month and as usual, the field of contenders was exceptional. StorageX took out the Rising Star award, highlighting the company’s impressive growth and commitment to delivering the best service. When asked about the…
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Mad Mex – Australia’s No. 1 Franchise
If you are a lover of Mexican food, you will have no doubt tried the fabulous menu that is synonymous with the name Mad Mex! Fully Australian owned, Mad Mex has over 60 restaurants around Australia that are a mix of company and franchise owned. Founded in 2007, Mad Mex has stamped its mark in…
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QIC lodges plan for $560m next phase of Castle Towers
Queensland Investment Corporation (QIC), has lodged a development application for a $560 million project, the next phase of its Castle Towers Shopping Centre precinct, in Castle Hill, Sydney. QIC is the Queensland government’s investment company. In 1982 Castle Towers first opened, and a further $180 million expansion opened in December of 2019, with further redevelopment…
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No sweat: How a Gold Coast activewear business got dressed for success
When activewear label Cleo Harper launched its brand of feminine-yet-functional activewear in 2016, the activewear market was a lot less crowded. Still, founder and creative director Vanessa Levey decided the brand needed to be different. From its Burleigh base on Queensland’s Gold Coast, Cleo Harper has attracted a global following for its distinctive combination of…
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‘Sustainable fisheries targeted in baseless ocean-grab’: Seafood industry responds to Macquarie Island Marine Park announcement
Austral Fisheries (Austral) and Australian Longline Fishing (ALF), along with Seafood Industry Australia (SIA), the national peak body representing Australia’s commercial seafood industry, and the Commonwealth Fisheries Association, the peak-body representing commercial fisheries in Australia’s Commonwealth waters, have condemned the Albanese Government’s announced restructure of the Macquarie Island Marine Park, labelling the tabled plans an…
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Commercial seafood industry launches national safety program, Sea Safe
Seafood Industry Australia (SIA), the national peak-body representing Australia’s commercial seafood industry, in conjunction with the Australian Maritime Safety Authority (AMSA) and the Fisheries Research and Development Corporation (FRDC), have launched Sea Safe, a program designed to improve the culture of safety in the commercial seafood industry, at an event held in Fremantle, Western Australia…
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McDonald’s Ex-CEO fined for allegedly misleading investors about his firing
Disgraced former McDonald’s CEO Steve Easterbrook will pay US$400,000 ($578,000) to settle charges that he allegedly misled investors about the circumstances of his 2019 firing following a relationship with an employee. According to the US Securities and Exchange Commission, McDonald’s fired Easterbrook for “engaging in an inappropriate personal relationship with a McDonald’s employee in violation…
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AI software company Complexica secures additional $1.4m from Perennial Partners
An Adelaide-based AI software company whose platform is used by the likes of Kellogg’s, Pfizer and Endeavour Group (ASX: EDV) to optimise sales and supply chain decisions has secured an additional $1.4 million investment from Perennial Partners. The news comes two months after Complexica received $3 million from the Melbourne-based investment firm, which has also…
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David Jones returns to Australian ownership in $250m deal
After eight years in the hands of South Africa’s Woolworths Holdings Limited (WHL) which purchased the then-listed company in 2014 for $2.1 billion, iconic department store retailer David Jones is set to return to Australian ownership. Sydney-based Anchorage Capital Partners, which has previously achieved turnarounds with brands such as Burger King NZ and Golden Circle,…