Simon Evans

The fateful phone call on December 23 that set in train the tumultuous events of last week when the Whyalla steelworks was seized from Sanjeev Gupta and administrators KordaMentha appointed. https://t.co/tOa3o4k2LL

KordaMentha back on the job for the second time in nine years. SA Govt fed up with Sanjeev Gupta's unpaid bills. Enacts special legislation to seize control of Whyalla steelworks and put in administrators. https://t.co/2EDeWjkMo1

Mining giant BHP slices its first half dividend payout back to the lowest level since 2017. Demand for iron ore in China is waning. https://t.co/zZBDp1b0X7

Australia's biggest wine group, Penfolds owner Treasury Wine Estates, has ditched plans to sell four cheap wine brands, Wolf Blass, Lindemans, Yellowglen, Blossom Hill. Offers were too low. https://t.co/0mMMZyGBK0

Australia's only manufacturer of specialist architectural glass, Oceania Glass, goes bust after 169 years. Owned by private equity group Crescent Capital for five years. Made glass for Aust's Parliament House. https://t.co/HICI27Uoho

Wesfarmers paid $230m to buy online marketplace Catch in 2019. It will shut the business later this year after heavy losses. Temu, Amazon have outplayed it. https://t.co/Fb1ypMgvSO

Are department stores dinosaurs that won't survive? Myer’s mega-expansion with Premier Investments' apparel brands guards against Temu and Shein threat says independent expert Kroll. https://t.co/crlORwmfiu

Acai bowls and acai-based desserts are booming in a $750 million industry in Australia. Oakberry is the market leader but dozens of new players are emerging, as fitness, food art and fashion collide. https://t.co/BFT9nYLXkI

From humble beginnings as a paper mill on the banks of the Yarra River in Melbourne to a global giant. Amcor has embarked on another big expansion, buying out NYSE-listed Berry Group in a $13 billion all-scrip deal. https://t.co/xl4RvRCKgG

The boffins from Macquarie have done their annual number-crunching on the Melbourne Cup horse racing field. They are tipping Vauban. https://t.co/ThBagL5gTW

The MD of the loss-making Whyalla steelworks has departed in a management shake-up by embattled owner Sanjeev Gupta. An urgent taskforce has also been set up by the British industrialist. https://t.co/CrKByGF4Ib

The $6 billion ASX-listed rail freight giant Aurizon loses patience with British industrialist Sanjeev Gupta over unpaid bills. Stops haulage of Gupta's iron ore in the Whyalla region. Mayor says dominoes are falling. https://t.co/3oLGMRFb8a

BHP’s Olympic Dam mine in halt after transmission towers vital to feeding electricity to the mine and surrounds damaged by storms. Deja vu - the infamous 2016 SA power blackout cost Olympic Dam $137m https://t.co/vCNoXRBxBW

The $1.10 cans of Coles and Woolworths home brand 400g diced tomatoes sourced from Italy have caught the eye of Anti-Dumping Commission. Investigation underway. Local producer SPC can't compete. https://t.co/DxuyGFkhNK

The angst in the steel town of Whyalla is rising. A local laundry cleaning steelworkers' protective clothing has a unique way of ensuring payment. The unfulfilled promises of British industrialist Sanjeev Gupta. https://t.co/c4JrsV4x4E

High-end food ingredients, cookbooks and cookware retailer The Essential Ingredient has gone bust. PwC has been appointed administrator. Three stores in Melbourne and Sydney, and an online business. https://t.co/4AGg2IDtPB

A proposed demerger of the Smiggle chain has been delayed by retailing billionaire Solomon Lew's Premier Investments. A merger of the group's clothing brands, Just Jeans, Dotti, Portmans, with Myer is the priority. https://t.co/u1UZ5HxpB6