2020欧洲杯最新战况

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Victorian ski slopes to open from 24 June

Victorian ski slopes to open from 24 June

Just yesterday snow bunnies in NSW rejoiced at the news that slopes would reopen from 22 June, but now Victorian slope operators are joining in on the action. Hotham and Falls Creek will be open from 24 June for skiing and snowboarding following approval from the Victorian Government. Accommodation operator Vali Resorts says its resor...

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Fashion brands Review, Yarra Trail and more in limbo as PAS Group enters administration

Fashion brands Review, Yarra Trail and more in limbo as PAS Group enters administration

A listed retailer that owns such brands as Review, Yarra Trail, JETS Swimwear Australia, Marco Polo and Black Pepper has entered voluntary administration, just three weeks after announcing the progressive reopening of stores. The directors of PAS Group (ASX: PGR), whose Designworks division also supplies private labeled products and licen...

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Brisbane tech companies cosy up with strategic partnership

Brisbane tech companies cosy up with strategic partnership

Brisbane-based tech companies Over The Wire (ASX: OTW) and NEXTDC (ASX: NXT) have made things official today as they enter into a strategic partnership. Under the partnership OTW, a telecommunications and IT solutions provider, will migrate core elements of its network and private cloud infrastructure to NEXTDC's data centre facilitie...

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Smiles Inclusive founder watched $10m 'evaporate in his hands' before selling up

Smiles Inclusive founder watched $10m 'evaporate in his hands' before selling up

What began as an IPO to bring more than 50 dental practices under one roof became a "car crash that I can't get out of" for Smiles Inclusive (ASX: SIL) founder Mike Timoney (pictured), who this month sold all his shares in the company for $106,249. At IPO in April 2018, those same shares were worth $9.65 million. In...

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Costa Group CEO Harry Debney to retire

Costa Group CEO Harry Debney to retire

2020欧洲杯最新战况 After a decade of service to Australia's largest horticultural company Costa Group (ASX: CGC), CEO Harry Debney (pictured) has announced his retirement. Debney announced his intention to leave Costa Group's at the company's annual general meeting (AGM) today, with the retirement to be finalised within the next nine months. ...

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NSW ski fields to reopen from 22 June

NSW ski fields to reopen from 22 June

2020欧洲杯最新战况 Skiers and snowboarders will be permitted to hit the slopes in NSW from 22 June as the State Government eases COVID-19 restrictions further. The NSW Government today announced that its alpine region will be open for business next month, with work underway to ensure COVIDsafe measures are in place at Thredbo, Charlotte Pass and Perisher. ...

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GSK, Novartis slapped with $4.5m fine for misleading marketing

GSK, Novartis slapped with $4.5m fine for misleading marketing

2020欧洲杯最新战况 The Federal Court has ordered two European pharmaceutical companies two pay $4.5 million in penalties after making false or misleading representations about two Voltaren pain relief products in Australia.  A year ago Novartis Consumer Health Australasia and GlaxoSmithKline Consumer Healthcare Australia (GSK) admitted they h...

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iSignthis lifts stake in NSX, squares up against "monopolist incumbent" ASX

iSignthis lifts stake in NSX, squares up against "monopolist incumbent" ASX

Within days of reprobation from the Australian Stock Exchange (ASX: ASX) over its response to a suspension with Visa, payment identity verifier iSignthis (ASX: ISX) has today increased its holdings in the National Stock Exchange of Australia (ASX: NSX). Both iSignthis and the NSX are led by John Karantzis (pictured), who for months h...

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News Corp puts 110-plus print titles on the chopping block

News Corp puts 110-plus print titles on the chopping block

News Corp Australia has today announced plans to shut down print publications of 115 mastheads across the country, including 22 regional publications that will cease to exist digitally. The move follows the US-owned group's suspension of 60 community titles in response to the COVID-19 crisis, and there are reports 500 jobs or more cou...

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Carlton & United Breweries to deliver 2,000 barrels of free beer to Australian pubs and clubs

Carlton & United Breweries to deliver 2,000 barrels of free beer to Australian pubs and clubs

To support Australian pubs and clubs Carlton & United Breweries (CUB) is rolling out 2,000 barrels of free beer. The brewer has also doubled its fundraising target from $1 million to $2 million in cash through its 'For The Love of your Local' campaign to help the ailing hospitality industry. The cash injection will go to A...

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Class action launched over Boral's fumble in the US

Class action launched over Boral's fumble in the US

Maurice Blackburn has lodged a class action in the Federal Court today against building materials supply company Boral (ASX: BLD). The class action law firm alleges Boral breached its continuous disclosure requirements and/or engaged in misleading or deceptive conduct in relation to its US business. In announcements on 5 December 2019 ...

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Deluge of interest sees NAB increase SPP to $1.25 billion

Deluge of interest sees NAB increase SPP to $1.25 billion

2020欧洲杯最新战况 NAB (ASX: NAB) has increased the size of its share purchase plan (SPP) by $750 million above its original target of $500 million after investors demonstrated sizeable interest in the raise. The increase brings the total amount raised by NAB in the SPP $1.25 billion, meaning approximately 88 million new NAB shares will be issued on Tuesday...

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Blackmores to raise $117m to fortify cash position, bolster growth in Asia

Blackmores to raise $117m to fortify cash position, bolster growth in Asia

With the bulk of its profits achieved in the first half and a high-cost environment amidst COVID-19 putting the bottom line under pressure, vitamin vendor Blackmores (ASX: BKL) has put out a call for cash. The Sydney-based company plans to raise up to $117 million, offering new shares at an 8.1 per cent discount in a bid to shore up reser...

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Japara Healthcare hit with $300m impairment charge

Japara Healthcare hit with $300m impairment charge

2020欧洲杯最新战况 The COVID-19 pandemic and resulting financial crisis have forced residential aged care services provider Japara Healthcare (ASX: JHC) to write down the value of its assets. Today Japara has announced its financial results for FY20 will include a non-cash impairment charge, primarily to goodwill, in the range of $270 million to $300 millio...

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JobMaker: PM flags industrial relations review, skills overhaul

JobMaker: PM flags industrial relations review, skills overhaul

A review into Australia's approach to industrial relations (IR) and vocational training is central to Prime Minister Scott Morrison's plan to rebuild Australia's economy in the wake of COVID-19. Addressing the National Press Club this afternoon, the PM announced the Government's new 'JobMaker' plan under which busi...

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Managed Workforce Group the next frontier for Darren Lockyer, Grant Wechsel

Managed Workforce Group the next frontier for Darren Lockyer, Grant Wechsel

2020欧洲杯最新战况 Brisbane-based entrepreneur Grant Wechsel (pictured right) has been champing at the bit to start a new workforce management venture, but the sale of One Key Resources to Fircroft in 2016 meant a restraint clause was hanging over him for four years. Over that time Wechsel has kept busy with a range of investments and board roles inclu...

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Coca-Cola Amatil loses fizz on beverage industry plunge

Coca-Cola Amatil loses fizz on beverage industry plunge

2020欧洲杯最新战况 The Covid-19 cocktail has been a hard one to swallow for the beverages industry, given that most of the world's watering holes remain out of business. Venues are suffering, and new data from Alcohol Beverages Australia has also revealed a steep decline in alcohol consumption that would normally take place at home gatherings. It...

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Can't resist splurging on online shopping? Here's why

Can't resist splurging on online shopping? Here's why

The demand for online shopping has obviously increased since COVID-19 restrictions were put in place. But less obvious are the subtle psychological drivers behind our collective online shopping splurge. In fact, online shopping can relieve stress, provide entertainment and offers the reduced "pain" of paying online. In the l...

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ASX chides iSignthis for three "unsatisfactory responses", threatens removal from list

ASX chides iSignthis for three "unsatisfactory responses", threatens removal from list

Payment identity verifier iSignthis (ASX: ISX) could find itself in hot water if it fails to meet demands from the ASX, with the market operator unhappy with explanations of processing suspensions across card networks such as Visa.  The ASX claims ISX has given "three unsatisfactory responses" to a query letter dated 7 May,...

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Oliver's scores partnership with EG Group in lieu of takeover

Oliver's scores partnership with EG Group in lieu of takeover

2020欧洲杯最新战况 Earlier this year, British fuel and convenience conglomerate EG Group offered to buy roadside restaurant chain Oliver's Real Food (ASX: OLI) for $25 million. While Oliver's debt of $910,000 made it an unfit takeover target for EG, it didn't stop the two companies from striking a different bargain. Today, the original schem...

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Receivers appointed for Mayfair 101 fund

Receivers appointed for Mayfair 101 fund

With a Dunk Island redevelopment project in limbo and pressures from the corporate watchdog over allegedly misleading advertisements for its debenture products, Mayfair 101 now has another battle on its hands. The trustee for Mayfair 101's $82 million IPO Wealth Fund, Vasco Trustees, has appointed receivers for the fund after two...

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The big dry: "Worst month on record" for alcohol sales

The big dry: "Worst month on record" for alcohol sales

2020欧洲杯最新战况 Despite polls showing more Australians turned to the drink at home to alleviate coronavirus-related stress, data from the industry has uncorked a a dramatic decline in volume due to the closure of pubs, clubs and bars. A report released over the weekend from Alcohol Beverages Australia (ABA) demonstrates Zoom parties failed to make up for...

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Viva Leisure warms up ahead of gym reopenings

Viva Leisure warms up ahead of gym reopenings

Viva Leisure (ASX: VVA) has drawn down almost half its cash reserves during the COVID-19 lockdown, but at least some of that money has been put to use revamping its gyms for future business. In a release today the company said $5 million had been spent on pre-closure creditors, as well as the acceleration of refurbishments, completion of ...

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Nine sells NZ media business Stuff for NZ$1 in management buyout

Nine sells NZ media business Stuff for NZ$1 in management buyout

It may have taken six months longer than planned, but Nine Entertainment (ASX: NEC) has finally offloaded leading New Zealand publishing business Stuff in a deal that will incur a cost of $40-45 million for the Australian media giant. Just two weeks after terminating discussions with long-time bidder NZME (NZX: NZM, ASX: NZM), Nine announ...

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How technology helps find the right people in times of crisis

How technology helps find the right people in times of crisis

2020欧洲杯最新战况 Despite the continuing advances of technology, in times of crisis it's human hands we need the most to guide us through. On the front lines, it's people who make all the difference. Whether that's doctors and nurses, fire fighters and emergency responders, or even supermarket workers and call centre operators, an organisation&...

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Accounting errors led to $60 billion overvaluation of JobKeeper

Accounting errors led to $60 billion overvaluation of JobKeeper

The Treasury and Australian Tax Office (ATO) have drastically reduced their projected number of JobKeeper recipients by three million after it was revealed figures were inflated by mistakes on around 1,000 enrolment forms. While these forms only represent 0.1 per cent of 910,055 submissions from businesses, they had a significant imp...

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Up to 50 patrons allowed in NSW pubs, restaurants and cafes from 1 June

Up to 50 patrons allowed in NSW pubs, restaurants and cafes from 1 June

2020欧洲杯最新战况 From 1 June up to 50 patrons will be allowed in New South Wales pubs, restaurants, clubs and cafes. Strict regulations will be enforced on hospitality businesses, and those that are non-compliant will face the possibility of being closed down once again. The four square metre per person rule will still apply, and customers at venues m...

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Spotless settles class action for $95 million

Spotless settles class action for $95 million

Investors in Downer Group (ASX: DOW) subsidiary Spotless have reached a $95 million settlement of a class action against the facility services business today. The claim began when investors lost money after Spotless downgraded its FY16 Guidance on 2 December 2015. Class action law firm Slater and Gordon alleged Spotless had engaged in...

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Three more months under current conditions the limit for nearly half of restaurants

Three more months under current conditions the limit for nearly half of restaurants

2020欧洲杯最新战况 New research released today by hospitality service provider Silver Chef and research group InKind reveals just 52 per cent of restaurant owners believe they can survive the next three months. If current COVID-19 restrictions stay in place confidence for survival will deteriorate as time progresses. Just 67 per cent of surveyed owners ...

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Up to 75 Target stores to close in Australia

Up to 75 Target stores to close in Australia

2020欧洲杯最新战况 Up to 167 Target stores will be either closed or converted into Kmarts following a strategic review from owner Wesfarmers (ASX: WES) into the struggling retail chain. The restructuring will cost $120-170 million for the Kmart Group division, in addition to a non-cash impairment of $430-480 million before tax in relation to the Target bran...

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