Mining services provider Perenti Global says it is considering buying Downer EDI’s mining servicing business, but dismissed a report of a $700 million offer. Downer is struggling with higher costs arising from loss-making construction contracts […]
Melbourne-based cross-border payments provider Airwallex has launched a partnership with Visa that will let customers generate multi-currency virtual payment cards instantly. The single or multi-use Airwallex Borderless Cards could be used by Airwallex’s small and […]
The Reserve Bank of Australia has held the cash rate at a record low 0.75 per cent and had “surprisingly” little to say about the headwinds presented by the catastrophic summer bushfires and coronavirus crisis. […]
Private health insurers are only a few years away from folding or being forced to merge as young people continue to shun private cover, an APRA official has warned. A review of Australia’s private health […]
Fast fashion accessory brand Colette by Colette Hayman has gone into voluntary administration, the latest victim of Australia’s disastrous retail environment. Colette by Colette Hayman has 126 stores across Australia and 14 more in New Zealand, […]
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