Outlook improves for K&S
February 24, 2010
The directors of Mount Gambier-based transport company K&S Corporation today announced a net profit after tax of $9.2m for the half year ending December 31.
Operating revenue for the first half was $217.2m, a decrease of 12.5pc on the prior corresponding period. Read more
Mixed signals on business confidence
February 24, 2010
Business and consumer confidence in the region remains strong, but is slightly lower than it was six months ago, according to the latest BankSA State Monitor.
While signs of relief from Australia avoiding recession are clear, the latest survey shows rural business sentiment has moderated. Read more
Call to move vagrant man
January 15, 2010
Shop owners in the hub of Commercial Street West in Mount Gambier have called for authorities to help a homeless man who has been living at the back of their premises for weeks.
According to frustrated shop owners in the area, the man — who is described as being scruffy, sporting a beard and verbally aggressive at times — should be helped and moved on from the area. Read more
K&S announces WA acquisition
December 7, 2009
Mount Gambier-based public company K&S Corporation will continue to grow with acquisition of Western Australia’s Pacific Transport.
K&S managing director Legh Winser announced agreement was reached to acquire the Perth-based firm late last week. Read more
ACCC opposes Gunns’ ITC acquisition
November 26, 2009
The Australian Competition and Consumer Commission will oppose Gunns’ acquisition of ITC Timber due to concerns the sale would diminish market competition.
Gunns announced at the end of August it had agreed to owner Elders’ terms of sale for the timber processing division of ITC, which is separate to the forestry and managed funds sections of the business and includes mills in Victoria, Tasmania and New South Wales. Read more
Timber Tech winds up
November 26, 2009
Only one creditor of the liquidated Mount Gambier forestry-related company Timber Tech Engineering, turned up at a creditors’ meeting held in Adelaide on Tuesday.
Liquidators Freer Parker and Associates held an annual general meeting for creditors to disclose how the winding up has been conducted and how the property of Timber Tech has been disposed of in the past year. Read more
Gunns closer to control of Great Southern
November 24, 2009
Gunns appears set to take control of 42,000 hectares of Green Triangle plantations established by failed agribusiness Great Southern.
The Tasmanian timber giant has reached the final stages of negotiations to acquire the assets after previously building a strong presence in the region by buying Auspine and starting development of a major woodchip export terminal at the Port of Portland. Read more
Green businesses commended
November 7, 2009
Bedford Gambier Contracts is this year’s overall winner of the Mount Gambier City Council’s Blue Lake Business of the Year award.
The South East disability employment provider received the award at a ceremony at the Town Hall on Wednesday evening for implementing a range of water saving initiatives, including collecting stormwater for use on site, recycling water used in the nursery on its Mount Gambier premises and techniques to minimise evaporation from plants. Read more
Chamber business awards presented
November 3, 2009
Mount Gambier fashion worker Lorraine Brookes (pictured right with Wendy Richardson) is officially the city’s most outstanding employee. Read more
Windows 7 popular in Mount Gambier
October 27, 2009
After the not-so-popular Windows Vista, Microsoft may have got it right this time if soaring sales of the newly launched operating system Windows 7 is anything to go by.
Most computer users returned to using Windows XP after Windows Vista was bagged even before its launch in 2007, but now the world seems ready for Windows 7, and South East residents are no exception. Read more
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