Geoff Wilson counters Nick Bolton's raid on Molopo's $65m cash box

By | noviembre 9, 2017

It has all the makings of a Sergio Leone western.  Interests associated with corporate spiv, Nick Bolton, and Perth-based cowboy Farooq Khan, are no longer the only ones making a grab for the $65 million cash box that is Molopo Energy.  Geoff Wilson’s Future Generation funds aim to help charities but will there be long-term profitability for investors? Photo:… Read More »

Looking for gold: Betting on horses can teach us about business and politics

By | noviembre 9, 2017

I spent the early part of this week involved with horses. Mind you it was nothing to do with the Melbourne Cup, although I “dips me lid” to Rekindling and his/her connections. My involvement with horses concerned the great heritage of the working horse, rather than the racing nags. The Man From Snowy River: Looking for gold and… Read More »

Amazon is not invincible, says Silicon Valley's most powerful Aussie Jeremy Liew

By | noviembre 9, 2017

The most powerful and celebrated Aussie investor in Silicon Valley says fears of Amazon’s dominance in e-commerce are overblown.  Jeremy Liew, who was propelled into the top echelon of US startup investors earlier this year when his early bet on Snapchat paid off spectacularly, told Fairfax Media over coffee in San Francisco this week that Jeff Bezos’ $US500 billion ($628 billion) plus e-commerce giant… Read More »

'Urgent rescue mission' to save Australia's frogs using smartphone app

By | noviembre 9, 2017

Like the stars of stage, screen and Sesame Street, the 25-year-old green tree frog called Godzilla​ was immediately ready for his croak up. When Godzilla saw an iPhone at the Australian Museum this week, the male frog hugged it.  It was an appropriate response given that a new smart phone app called FrogID is being described as an “urgent rescue mission” to save frogs that are… Read More »

Appalled shoppers take aim at lingerie store Honey Birdette's 'raunchy' advertising

By | noviembre 9, 2017

Appalled shoppers are calling on centres around Australia to take down life-sized advertising for a controversial lingerie chain that they have likened to “soft porn”. Sydney mother Kat Israel said she avoided walking past the Honey Birdette store at the Macquarie Centre because she did not want her children to see the its latest window banners. Thousands are petitioning… Read More »

How Elon Musk made (and how he spends) his money

By | noviembre 9, 2017

Elon Musk may be the world’s richest rocket scientist. With a fortune hovering around $US20 billion, the 46-year-old CEO of Tesla and SpaceX and co-founder of OpenAI has said he won’t be happy until we’ve escaped Earth and colonised Mars. Play Video Don’t Play ASX winners and losers – a snapshot Play Video Don’t Play Previous slide Next slide Believe… Read More »

Banks, miners spearhead ASX push beyond 6000

By | noviembre 9, 2017

Shares extended this week’s push through the 6000 level on Thursday, with miners and banks pulling together to spearhead the advance. The S&P/ASX 200 index rose another 33 points, or 0.6 per cent, to trade at 6049. The All Ordinaries index rose 33 points, or 0.5 per cent, to 6122. The Australian dollar traded at US76.82 cents after… Read More »

Uranium shares spike as Canadian giant Cameco suspends production

By | noviembre 9, 2017

Uranium shares prices have skyrocketed as the world’s largest uranium miner announces it will suspend production at two operations. Photo: Glenn Campbell The uranium price slump has forced the world’s largest producer, Cameco, to temporarily suspend production at two key operations from next year, driving Australian uranium miners’ shares skywards. Canadian giant Cameco on Thursday said it would shutter its MacArthur River mining… Read More »

Business, director fined $360,000 after man crushed by excavator

By | noviembre 9, 2017

A Sydney business has been fined a total of $360,000 for breaching workplace safety laws after a 45-year-old man was killed when his foot became caught under an excavator. The Sydney District Court fined the business $300,000 and its director a further $60,000 for the man’s death at the Harris Holdings waste management facility in Lidcombe in November 2015. Minister for Innovation and Better Regulation… Read More »

Perth's broadband lags behind the rest of Australia

By | noviembre 9, 2017

Perth has some of Australia’s slowest broadband internet speeds in the country, according to Ookla, which operates speedtest.net, one of the internet’s most popular speed testing tools. With average download speeds of 17.9 Mbps, compared with 67.05 Mbps in Geelong, Victoria, Perth received a measly internet speed score of 28.44 – about 70 points lower than the top ranking cities.  Play Video Don’t Play… Read More »