SA Business Journal: Police called in at Rex Airlines | Local firms' profits plunge | Pay rises off the table in many sectors

Email Rex chairman John Sharp has been revealed as the one who called in federal police to investigate an ousted rival recording the final board meeting of the troubled airline.

View in browser 20th August 2024

SA Business Journal Police embroiled in Rex Airlines’ boardroom dispute Rex chairman John Sharp has been revealed as the one who called in federal police to investigate an ousted rival recording the final board meeting of the troubled airline. READ MORE   Why SA businesses’ profits are diving – and what it means SA businesses are too focused on their battle to stay afloat to invest in measures that improve productivity, according to a SA Business Chamber survey. READ MORE   Adelaide property giant targets shopping centres in new move Adelaide property identity Ross Makris is looking to capitalise on the shopping centre sell off via a new fund backed by local and overseas investors. READ MORE   Five reasons why you won’t get a big pay rise any time soon If you’re hoping for a significant jump in your wage, you may be disappointed, as several factors pile pressure on businesses. READ MORE   Family office manager EWM Group expands into Adelaide Private credit remains a key part of the family office toolkit, despite some red flags in the sector, as long as you do it right, EWM Group managing director Brad Scott says. READ MORE   Giant problem looming for SA retirees as ‘silver tsunami’ looms More needs to be done to encourage developers to build retirement villages in SA as the state braces for a “silver tsunami” of active retirees, industry leaders say. READ MORE   A decade of debt on credit cards: what we have learned Credit card interest costs have dropped as Australians wisened up about wasting money, but a new danger has emerged. READ MORE   ASX 200 rises; Ansell, Judo, Reliance soar Inflation will be 'slow to decline': RBA minutes. Dexus sinks on FY25 distribution warning. Ansell's result better than expected. Judo tops profit expectations. Reliance results 'o... READ MORE   Fortescue ‘portrayed former execs as dishonest’, court told Andrew Forrest’s Fortescue tried to paint former executives who started a rival business as shady actors in order to persuade a judge to allow the company to raid their homes. READ MORE   Jobs slashed at Whyalla steelworks amid tough times for sector GFG Alliance has cut about 50 jobs at its embattled Whyalla steelworks as rumours mount of late payments from Sanjeev Gupta’s global conglomerate. 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.