Business News

The community grocer at the Hub in Eaglehawk has been open a month, and already it's made a difference. "We've had a 40 per cent increase in turnover," Bendigo Access Employment chief executive Michael Langdon said today at the official launch. "With the closest supermarket more than 2km..

St John of God Finance manager Peter Trendos. In essence, the roll out of NBN in Greater Bendigo will provide improved bandwidth to St John of God Bendigo Hospital at what we expect will be more competitive pricing. This improved bandwidth will enable to the hospital to provide better acce..

BENDIGO'S Sleep City and Everyday Living store at the Rocklea Homemaker Centre at Kangaroo Flat has closed its doors and six staff have been made redundant. Administrators of the store's parent company Furniture and Bedding Concepts, PwC announced the closure as p[art pf the ongoing wind-do..

THE announcement of the National Broadband Network was greeted almost universally with relief and optimism around the city. Over the next few weeks, the Bendigo Weekly will look at the reactions across the city’s big and small business, education and health sectors to find out what it means ..

FIVE Information Technology enthusiasts have embarked on the first day of a five-year cadetship, which will see them study at La Trobe University while working at Bendigo and Adelaide Bank. The cadets are part of a wider program which has offered a further four cadets places at Bendigo IT, Integr..

The Bendigo and Adelaide Bank has announced a six-montlhy result that "should provide comfort" to customers, despite a 66 per cent downturn in net profit. The Half Year Report for the six months ending December 31, 2011, shows an after tax statutory profit of $57.9 million, down from $..

TOM Maher has spent most of his life dealing with land in one form or another – now he is selling it. Using all the experience and qualifications, Mr Maher has opened his own agency – Maher Real Estate. “I have the expertise and contacts for residential and rural land, includin..

THE Bendigo Bank has lifted its residential variable home loan interest rate by a whopping .15 per cent, higher than ANZ of Wesptac, a week before it unveils its interim profit announcement. The ANZ and Westpac were chastised for lifting their rates .1 and .06 percentage points in the past f..

THE Bendigo Bank has announced it will reduce its variable home loan rates by 0.25 per cent, passing on Tuesday's Reserve Bank rate cut in full. Managing director Mike Hirst said the bank’s pricing decisions aimed to strike a balance between the interests of all stakeholders – its..

BENDIGO and Adelaide Bank has joined the ranks of Australia’s A-rated banks following an upgrade announced by Standard and Poor’s. S and P’s decision to raise the bank’s long-term rating from BBB+ to A– means the bank is now rated A by all three of the world&rsq..

Bendigo can be a national leader in the changing world of energy production, green-conscious City if Greater Bendigo councillor Keith Reynard said this week. Cr Reynard, also the chairman of the Central Victorian Greenhouse Alliance, said energy production would change significantly in..

Water – a dry topic, you’d think. But the new chairman of Coliban Water sets to explaining the corporation and its objectives with a zeal that is infectious. Bubbling like a spring creek, Andrew Cairns takes to the topic enthusiastically. That’s not..

Central Victoria will boom on the back of the introduction of a carbon tax in Australia, according to a prominent Bendigo company director. “The carbon tax has already had a positive impact on what we’re doing,” Australian Turntable Company and Eco Villages Wo..

IT looks like no decision will be made on Thales’ bid for the lucrative LAND 121 Phase 4 defence contract before Christmas. Under questioning from Bendigo-based Nationals Senrator Bridget McKenzie, Defence Materiel Organisation acting chief executive officer confirmed the decision, del..

BENDIGONIANS are connecting to the internet via their wireless devices in astonishing numbers. With smart phones, tablets and wireless internet connection technology taking off, locals are going along for the ride. Data used by locals through Telstra’s 3G netw..

When his electric car business in New South Wales kept coming up against political speed-humps, Ross Blade looked south. His battles to make the Blade Electron Australia’s home-grown car for the future continue, but the Castlemaine-based teacher-turned-innovator is determined n..

Fairfax Media Limited has reported a loss of $400.9 million for the past financial year. The company says the result represents a decrease of 1.8 per cent on last year and is ''slightly above market consensus''. Shares in Fairfax Media, publishers of the Bendigo Advertiser, surged..

In the classic progression of blending old with new, Michelle O‟Sullivan Law will merge with Cohen Johanson Douglas from Monday. Both Michelle O‟Sullivan and Dennis Johanson said they were looking forward to the merger and the support it will offer to both themselves and their clients ..

UNITY Mining has announced a loss of more than $5.3 million for the year ended June 30. In a statement released this morning, the company said it had recorded a gross profit of $9.0 million from revenue of $80.5 million, and that the net loss of $5.3 million included $5.1M of non..

LAST week’s column on the consideration or otherwise of the need to establish a Committee for Bendigo drew a strong response from readers, and while not all our feedback was positive, it was all welcome. Confirmation the board of Coliban Water has discussed the need for an advocacy gro..