uberX delivering $80m in consumer benefits

1 February 2016: The launch, and subsequent growth, of Uber, and particularly its uberX ride sharing service, is delivering more than $80 million in direct consumer benefits. In a new report commissioned by Uber – Economic effects of ridesharing in Australia – Deloitte Access Economics has looked at the impacts of the new ridesharing economy […]

Brisbane a better bet than Adelaide for investment

Leading up to and since the G20 Summit, Brisbane has invested millions of dollars into a concise campaign to establish itself as a global city and regional business power.

And the campaign is starting to pay dividends: Brisbane was named Asia Pacific’s best-prepared city to encourage foreign direct investment (FDI). It beat out last year’s winner, Hong Kong and also tipped out Tokyo to take the Foreign Direct Investment Strategy category in FDI Intelligence’s Asia-Pacific Cities of the Future rankings.

Again Brisbane pulls closer to Sydney, Melbourne and the region while Adelaide seems to stay, well, stationary.

Rescue package saves The Mill from closure

A rescue package will see Amber Cronin (left) and Erin Fowler keep The Mill running. A few short weeks ago, the artist business incubator’s future looked shaky. The threat that it would have to shut its doors at the end of the year did not come from lack of interest by new artist businesses. Surprisingly, […]

Santos rejects $7 billion takeover bid

Adelaide headquartered oil and gas giant Santos has rejected a $7.1 billion “indicative” takeover bid from investment syndicate Scepter Partners. Santos revealed this morning that it received the “indicative, highly conditional and non-binding proposal” from Scepter on October 20. The bid was to acquire the entire company for $6.88 per share. The Santos board met […]

Could SA rule the north again?

Shadows of the past: the tracks of the old Ghan railway disappear into the ochre sands of Oodnadatta on the edge of the Simpson Desert. It seems unlikely that a place called South Australia held jurisdiction all the way to the northern coastline, yet that was the case for 50 odd years – and calls […]

“Self-harming” Adelaide needs design intervention: Horton

BEFORE: The original concept for extending a Kintore Avenue “boulevard” into the grounds of Government House. The State Government’s one-time design guru has stunningly rejected the Weatherill Government’s “city vibrancy”agenda, declaring Adelaide needs an “intervention” to avoid further “self-harm”. Former Integrated Design Commissioner Tim Horton was not so much underwhelmed as outraged by yesterday’s long-delayed […]

Ambitious bid to bring Adelaide horse racing back to Victoria Park

The Victoria Park members’ stand after it had to be moved. HORSE racing would return to the city under a fresh push that has won the backing of Premier Jay Weatherill and key government ministers. A group of influential businessmen is spearheading racing’s return to Victoria Park, an outcome supported by the South Australian Jockey […]

Committee for Adelaide Campaign to lure big fish to SA

Colin Goodall. Picture Campbell Brodie. SOME of South Australia’s best minds have launched a new campaign to lure more big companies to Adelaide as part of ambitious to drive economic growth across the state. The Committee for Adelaide, whose membership include business, charity and arts leaders, is lobbying to have at least two publicly-listed companies […]