A pitch circulated earlier in the sales process, run by PwC, showed the business was forecast to make $115 million in revenue and $8.9 million in EBITDA.

#samsung #perth #powertech

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David Jones misses 2026 accounts deadline; five loss-making stores in focus

World News

1w ago

David Jones misses 2026 accounts deadline; five loss-making stores in focus

The department store continues to seek the closure of loss-making stores including five in Westfield malls owned by Scentre Group.

#jones #westfield

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Labor pressed to reject inner-Melbourne data centre before Vic election

Australia & Pacific

1w ago

Labor pressed to reject inner-Melbourne data centre before Vic election

Residents are opposing a proposed data centre for the suburb of Spotswood that would not comply with new rules set by Victorian Premier Ben Carroll if developed.

#labor #melbourne #vic

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Jasper Jones author Silvey jailed for child exploitation material

Technology

1w ago

Jasper Jones author Silvey jailed for child exploitation material

The writer kept his head bowed as the court was told how he utilised an encrypted platform under a pseudonym to exchange explicit material.

#jasper-jones #silvey

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Macquarie’s quants tip Point of Law for Melbourne Cup glory

Australia & Pacific

1w ago

Macquarie’s quants tip Point of Law for Melbourne Cup glory

Point of Law, a horse bred by King Charles and Queen Camilla, is the knockout winner of the 2026 Melbourne Cup on Macquarie’s models.

#macquarie #law #melbourne

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Victorians deserve to know how state will get out of this fiscal mess

Australia & Pacific

1w ago

Victorians deserve to know how state will get out of this fiscal mess

The state can’t continue spending as it has for the past decade, and both major parties know that is unsustainable.

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Traders are betting the RBA’s race is run, is it a mistake?

Business & Economy

1w ago

Traders are betting the RBA’s race is run, is it a mistake?

The RBA is certain to lift the cash rate to an 18-year-high. But are traders getting ahead of themselves in betting the worst is over for beaten-up ASX stocks?

#rba

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Knight’s Choice to win 2026 Melbourne Cup: Savana

Sports

1w ago

Knight’s Choice to win 2026 Melbourne Cup: Savana

While Macquarie’s quantitative analysts drag their feet on their much-anticipated predictions on Melbourne Cup winners, another financial services player has mailed out its form guide.

#knight #choice #savana

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MPs defend ‘tired’ Cook amid questions about WA premier’s future

Politics & Governance

1w ago

MPs defend ‘tired’ Cook amid questions about WA premier’s future

West Australian Premier Roger Cook is tired, according to Labor colleagues, but senior ministers insist he is not considering his future.

#cook #labor #australia

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Why falling prices could leave Gold Coast with a glut of unsold homes

Property & Real Estate

1w ago

Why falling prices could leave Gold Coast with a glut of unsold homes

The fastest downturn in 40 years has not just hit existing properties. It means Australia could fall further behind on its target of 1.2 million new homes.

#gold-coast

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Hypocritical ACTU helped drive high inflation, says business

Business & Economy

1w ago

Hypocritical ACTU helped drive high inflation, says business

The Australian Chamber of Commerce and Industry has accused the ACTU secretary of “bad economics” and “corrosive politics” for protesting outside the RBA

#rba #actu #inflation

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