SA Business: GFG's $950m debt restructure plan | Company shouts 1100 staff a Bali holiday | Gas shortfall warning

Email Restructuring advisers have been called in over the massive debt Sanjeev Gupta’s GFG Alliance – owner of the Whyalla steelworks – owes collapsed finance group Greensill.

View in browser 15th October 2024

SA Business Journal Sanjeev Gupta’s GFG Alliance weighs options for $950m debt Restructuring advisers have been called in over the massive debt Sanjeev Gupta’s GFG Alliance – owner of the Whyalla steelworks – owes collapsed finance group Greensill. READ MORE   Hero’s tropical treat: Why work from home when you can work from Bali? As some businesses order workers back to the office, Australian tech company Employment Hero flies its 1100 staff from 20 countries to holiday locations to foster co-operation. READ MORE   ASX hitting record highs after tech boosts Wall St Australia's stock market hit record highs after gains in the US, led by record-breaking Nvidia. HUB24 logs record first quarter inflows. Telstra on track for growth. CBA says house... READ MORE   See inside: New look for CBD office tower after $30m revamp A $30m revamp of the prominent former Commonwealth Bank HQ building on King William St in Adelaide has been completed. Take a look inside. READ MORE   Labor considers ban on debit card surcharges The federal government says it may ban debit card surcharges as it hands $2m to the competition watchdog as part of a crackdown on the excessive fees. READ MORE   Ambitious plans for 2000 affordable homes to stem housing crisis An affordable housing provider is in talks with offshore investors to back an ambitious growth plan targeting 2000 new homes across Adelaide. READ MORE   Australia falling behind as global producer of LNG Australia is lagging in the race to supply growing demand for LNG, and domestic shortfalls will be exacerbated if no action is taken, the head of ConocoPhillips has warned. READ MORE   Veriu unveils first office conversion Hotel operator Veriu Group has opened its first office conversion but says stringent building codes are a barrier to breathing new life into ageing buildings. READ MORE   These clever people you’ve never heard of are doing cool stuff We’re knocking on the door of a robotic revolution, but first we need to teach them how to open it. READ MORE   That huge lump sum? Retirees don’t need it Many people nearing retirement are over-estimating how much money they believe they will need to live well. Here’s why. READ MORE   Newsletters Today's Paper +Rewards Want to change how you receive these emails? Manage your newsletter preferences or unsubscribe from this newsletter. Sent by The Advertiser, GPO Box 339, Adelaide SA 5001, Australia.