Suntory Oceania: A new multi-beverage partnership in Australia and New Zealand
In August 2023, Beam Suntory and Frucor Suntory announced an exciting new partnership, Suntory Oceania, as the region’s
-
Royal Nut Company: A new large state-of-the-art facility delivering premium foods to business and end consumers alike
A family-owned business based in Brunswick, Royal Nut Company is dedicated to sourcing, manufacturing, and supplying the highest
PHD Media: Australia’s fastest-growing media agency
Launched in the UK in 1990, acclaimed media and communication agency network PHD Media was the first media
Equal Access Group: Putting accessibility first
Having worked on many high profile projects in Victoria and beyond, disability consultant Equal Access Group provides a
Marchese Partners – Life 3a: Delivering next generation lifestyle solutions
Working across 8 offices globally, Marchese Partners – Life 3a is an international consultancy with complete, integrated design
CplusC Architectural Workshop: Delivering next-level, sustainable, and regenerative building projects
Founded in 2005 and based in the suburbs of Sydney, multi-award winning boutique architecture practice CplusC Architectural Workshop
Circularity 2022: The new event striving for collaboration towards a circular economy
A brand new event in partnership with Planet Ark’s Australian Circular Economy (ACE) Hub and Diversified Communications, Circularity
Radisson Hotel Group: More than 75 years of hospitality experience
One of the world’s largest and most dynamic hotel groups, Radisson has more than 1,700 hotels in operation 
Wall-to-wall dud politicians who have never held a real job
Everyone knows the problem. Our governments are run by politicians who tend to have only ever done one
Qantas and its executives have failed the Australian public
The once proud and honoured Qantas brand has been damaged, and while the damage may be rectified, the
Long Covid: The economic hangover of government stimulus
The COVID-19 pandemic needs no introduction. You would have to be a member of a primitive tribe on
In the court of opinion, the rulebook is win at all costs
The ongoing debate over polling results in the run up to elections, decisions, referendums and policy debates is
Australia’s ageing workforce is about to put severe budget pressure on the next generation
Of the seven fastest growing areas of government spending in the budget, all but two relate to health
Australian education is failing, and more money is NOT the answer
Politicians have failed our kids by centering the education policy debate on funding alone. A decade ago the
Rio Tinto in Australia: The origins and formation of an international resources powerhouse
Rio Tinto in Australia charts Rio Tinto’s establishment and remarkable growth in Australia. From exploration in the 1950s,
How to improve morale within your business
It can be difficult improving the morale in your business. It can also be challenging to try to
Qantas not alone, Virgin Australia loses $83.7 million in the first half
A Day after Qantas announced its significant loses due in part to Virgin Australia, Virgin too has announced loses of its own. Totalling $83.7 million, the quest to provide Australians with low cost air, is costing the rival aviation companies.
“Given the uncertain economic environment we are unable to provide guidance for the remainder of the 2014 Financial Year at this time,” chief executive John Borghetti said.
“The Australian aviation market continues to be impacted by the significant capacity growth which occurred during the 2013 Financial Year, compounded by weak economic conditions and the inability to recover the cost of the Carbon Tax.
“Consequently, the Australian domestic aviation industry has made a first half loss for the first time in 20 years.”
Financial Summary
- Statutory Loss After Tax of $83.7 million, including impact of equity accounted investments
- Pre- tax Loss of $49.7 million (excl. the impact of Tiger air Australia ($ 18.4 million) and business transformation and other expenses ($49.9 million) )
- Outperformed main competitor on growth in Total Group Revenue, Domestic Yield, International Yield and Group Revenue Load Factor
- Comparable Unit Cost growth of 4.5% (incl. fuel, foreign exchange and the impact of Skywest)
- Total cash position of $896.4 million, up from $580.5 million at 30 June 2013, unrestricted cash position of $665.4 million, up from $326.5 million at 30 June 2013 and positive operating cash flows for H1 F Y14
Read the current edition now
- Podcasts
