June 16 4:43 AM

business

Construction Commences on Major Cessnock Leagues Club Redevelopment

Cessnock, NSW – Tuesday, May 13, 2025A major milestone has been reached in the transformation of the Cessnock Leagues Club, with the official groundbreaking ceremony taking place today to mark the start of construction on a major redevelopment that will double the club’s footprint. Cessnock Leagues

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Hunter Business Goes Bust: Edwards Venue in Liquidation

A beloved Newcastle venue, The Edwards, has been placed into liquidation this week, leaving both its loyal customers and employees in uncertainty. Located on Parry Street, the bar and restaurant had faced multiple challenges in recent years, struggling with financial difficulties and changing market conditions. The

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Mosaic Brands to Close 160 Stores, Cutting Nearly 500 Jobs Nationwide

Mosaic Brands, one of Australia’s leading retail giants, has announced the closure of 160 stores across the country, leaving close to 500 employees without jobs next month. The company, which operates a range of popular fashion outlets, is making sweeping changes to its retail footprint in

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Business Directory of the Hunter

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Hunter Joint Organisation Secures Renewable Energy Deal Through 2030

The Hunter Joint Organisation is thrilled to announce a landmark renewable electricity supply agreement with Iberdrola Australia, secured by four of its member councils: Maitland City Council, MidCoast Council, Muswellbrook Shire Council, and Upper Hunter Shire Council. This agreement, which extends through to the end of

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Bitcoin Reaches Record High as Trump Gains in US Election

Bitcoin has surged to an all-time high of US$74,505 (AU$114,225) as Donald Trump appears to solidify his position as the successful candidate in the US presidential election. This historic price surpasses Bitcoin’s previous record of US$73,777, with the digital currency rallying sharply in response to Trump’s

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Qirkz Café Reopens This Weekend with New Chef Tyrone: Mediterranean Delights and Live Music Await!

In exciting news for food lovers in the Hunter region, Qirkz Café in Abermain is set to reopen its doors this weekend with the introduction of their new head chef, Tyrone. Known for his culinary expertise and passion for Mediterranean cuisine, Tyrone promises to bring a

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ASX Hits Record High Amidst Market Surge

In a remarkable display of investor confidence, the Australian Securities Exchange (ASX) reached an all-time high on September 16, 2024. The benchmark ASX 200 index surged by 2.1%, closing at a record 7,512 points, surpassing its previous peak. This unprecedented achievement was fueled by a robust

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Labor MP Dan Repacholi Faces Backlash as Centennial Coal (ASX: CEY) Cuts 200 Jobs Amid Net Zero Push and Rising Costs

Centennial Coal (ASX: CEY) Cuts 200 Jobs Amid Rising Costs and Net Zero Push: What It Means for the Future of Australia’s Coal Industry Labor MP Dan Repacholi can’t claim to support workers while continuing to back Labor’s push toward net zero emissions. The recent news

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Nine Entertainment CEO Mike Sneesby to Step Down

Nine Entertainment has announced that CEO Mike Sneesby will step down at the end of the month after more than a decade with the media company. In a statement to the ASX, Mr. Sneesby and the board agreed it was the “right time for a leadership

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Kurri Kurri Woolworths Development Approved

The long-awaited Woolworths development in Kurri Kurri has received the green light from the planning authorities. The application for the new store, located at 178 Lang Street, Kurri Kurri, has been approved with conditions as part of the Cessnock City Council’s decision-making process. Key Conditions and

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ACM Announces Job Cuts and Newspaper Closures

Australian Community Media (ACM) has announced significant job cuts across its network, with 35 positions set to be eliminated. Among these, six journalists will be laid off from The Newcastle Herald. In addition, ACM will cease publication of eight regional newspapers nationwide. The final editions of

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Gold Price Surge: Could We See AUD $4,500 Per Ounce by Year-End?

As of August 17, 2024, gold prices in Australia have surged to approximately AUD $3,770.67 per ounce, putting the precious metal near its all-time high of AUD $3,925 per ounce, which was set just a month ago in July. This dramatic rise in gold prices reflects

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Sid Fogg’s & Sons Acquired by Ritchies Transport Holdings Ltd.

MHV NEWS made a tiny mistake in our headline which has been corrected, sorry for the confusion, Richites Transport is New Zealand but they’re own by the KKR investment group which is an American Investment group but has offices in China. Sid Fogg’s & Sons Acquired

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SEEK Stock Drops Amid Sharp Decline in Job Ads

SEEK Limited, Australia’s leading online employment marketplace, saw its stock price collapse on Tuesday morning, sinking by 8.5 percent. This sharp decline wiped out approximately $600 million in value from the company. The stock slump followed a report revealing a significant drop in job advertisements on

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Jens’ Ownership Changes Hands

Local Busines News:Jen’s at East End has been sold to new owners after over eight years of dedicated service. The new owners, small business operators, promise to maintain the same great food and staff, with plans for extended hours and new additions. Business will resume following

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Freddos, Koalas Double in Price Due to Rising Cocoa Costs

Freddos, Koalas Double in Price Due to Rising Cocoa Costs Cadbury has announced that the price of its iconic Freddo Frogs and Caramello Koalas will double from $1 to $2. This marks the first price adjustment in over a decade, driven by the record global cost

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Massive Win for Glencore Investors – Coal is Here to Stay

GLENCORE’S BIG COAL MOVE – No Spin-Off! Glencore has decided to scrap its plans to separate its coal division. Initially announced after acquiring assets from Teck Resources last year, this move comes after nearly two-thirds of shareholders voiced their opposition. Last November, Glencore had planned to

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Guide to Getting Loans in the Hunter Region, NSW

Are you considering securing a loan in the Hunter Region of New South Wales? Whether you’re looking to buy a home, start a business, or need personal financing, understanding the process and options available can make a significant difference. This comprehensive guide will walk you through

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