Tag: Business
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Aussie mining giant’s SA boon amid profit slump
Miner BHP saw its South Australian earnings grow by 23 per cent in the last financial year, driven by higher-than-average realised prices for copper, gold and silver. The group generated US$1.9 billion in FY25 from SA operations – up from US$1.6 billion the year prior – and produced 316 kt of copper over the 12…
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Google cops $55m fine for search engine deals
Internet giant Google could pay a $55 million fine after signing anti-competitive deals with Australia’s two largest telcos that banned the installation of competing search engines on some smartphones. The Australian Competition and Consumer Commission launched proceedings against the US technology firm in Federal Court on Monday over the behaviour, which Google has admitted. The…
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Coopers unveils ‘most difficult beer to make’ ever
Adelaide family brewery Coopers has today released a new non-alcoholic beer, amid rising demand from young Australian drinkers. Coopers Zero, packaged in a 375 ml silver can, is brewed traditionally with Coopers Pale Malt, Crystal Malt, and Malted Wheat. At only 49 calories, the beer has a smooth finish and a subtle hop aroma. “Our…
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Renewables transition requires gas, says state energy boss
Paul Martyn, who is chief executive of the Department for Energy and Mining, said South Australia is on track to reach 100 per cent net renewables by 2027. Addressing the Committee for Economic Development of Australia’s (CEDA) SA Energy Outlook 2025-2026 yesterday at the Hilton Adelaide, Martyn said that alongside Denmark, South Australia is the…
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Goal: Adelaide video game picked up by national distributor
Adelaide game development studio Powerbomb Games has reached a major milestone with their debut game, Pro Jank Footy, being acquired by Australian entertainment company Umbrella’s new video games division. The agreement will see Umbrella Gaming come on board to provide funding and marketing in the lead-up to the game’s release in April next year. InDaily…
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Adelaide demolition company convicted of serious offences
Maurice Corsaro and his company, Port Adelaide Salvage, were found guilty of 14 offences under the Environment Protection Act by the Environment, Resources and Development Court following an investigation by the Environment Protection Authority. This included operating a waste facility without a licence, failing to comply with clean-up orders, and hindering, using abusive language towards and…
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Multimillion-dollar Adelaide Airport overhaul cleared for takeoff
This new phase begins with the demolishing of the hall’s southern ramp to make way for a major expansion to the check-in hall by more than 1,500sqm, increasing capacity by 25 per cent. The expansion, which is part of a $600 million upgrade of the airport, will include the replacement of all existing check-in equipment…
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‘It’s a win-win’: Local law firm acquired
South Australian law firm O’Loughlins has been acquired by a Melbourne-based company, in a deal that’s been described as a “win-win”. Victoria’s Macpherson Kelley, a commercial law firm working across a broad spectrum of practice areas, made the purchase which will see all four partners of the Adelaide firm welcomed into the merged firm’s fold.…
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Weapons firm looks to establish Murray Bridge factory
Murray Bridge may soon be able to capitalise on Australia’s growing defence industry with the establishment of a local weapons manufacturing facility. Emerging South Australian ammunition manufacturer Ares Armaments announced in April that it would establish a presence in regional SA. The company planned to draw its workforce from the veteran community in partnership with…
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Adelaide offices buck national trend
Adelaide CBD office vacancy fell from 16.4 per cent to 15 per cent in the six months to July 2025, bucking the national trend. The national average vacancy rate rose from 13.7 per cent to 14.3 per cent over the same period, per the new figures from the Property Council of Australia. The only other…