Business
The floods have devastated Queensland business with the latest survey showing massive revenue losses and a need for a last resort insurance fund, according to the Chamber of Commerce and Industry Queensland.
Statewide
Most local councils in Queensland are at a moderate or high risk of not being able to sustain their finances, according to the state’s auditor-general, Brendan Worrall.
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Lithium producer Allkem plans to triple production by 2026 and control 10 per cent of the global market over the next decade.
Booming coal prices may not flow through to Queensland producers because of capacity constraints on a crucial rail network.
Flight Centre is inching closer to a return of its glory days with claims of signs of “unprecedented pent-up demand”, but the company’s bottom line is still a sea of red ink and Russia’s moves could have a significant impact on recovery.
Coal producer Coronado earned almost an extra $1 billion in revenue in 2021 compared to the previous year as commodity prices soared.
Business
Business
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