Category: Business

Business related news across the Mornington Peninsula & Frankston

Arthurs Seat Eagle $25M Upgrade in Good Hands, Says Senior Botanist

Merinda Day-Smith, Senior Botanist with Nature Advisory, reassures the Mornington Peninsula community that the environmental assessment for the $25 million Arthurs Seat Eagle upgrade is on track. The three-stage project includes a function centre, observation tower, restaurant, and luge, set to begin next year.

Victoria’s Longest Serving Treasurer Tim Pallas Resigns

Tim Pallas, Victoria’s longest-serving treasurer, announced after almost two decades in parliament that he is resigning as Victorian Treasurer and Werribee MP. While Mr Pallas described his decision as part of a natural process of renewal, critics have accused him of abandoning ship amid mounting financial pressures on the state.

Woolies Workers End Strike After Major Win

Woollies Warehouse Workers have returned to work after accepting an offer from the supermarket giant and ending the 17-day strike that affected supply across the country.

RBA Holds Rates at 4.35%, Hints at February Rate Cut

The Reserve Bank of Australia (RBA) has kept the cash rate at 4.35% for December, its ninth consecutive hold, while leaving the door open for a potential cut in February. The decision, first reported by ABC News, reflects the RBA’s focus on curbing inflation while addressing slow economic growth. For homeowners, this means stable mortgage […]

Proposed Expansion of Hydrogen Production Facility in Hastings

The Victorian Government is considering an amendment to the Mornington Peninsula Planning Scheme for a new hydrogen production facility in Hastings. The facility would work alongside the existing Hydrogen Liquefaction and Loading Terminal, contributing to the region’s role in clean energy. Public consultation is open until 20 December for community input on the proposal.

Peninsula Local 005 is Out Now

Edition 005 of the Peninsula Local is out now and being distributed across the Mornington Peninsula.

The latest edition of Peninsula Local (005) is now available across the Mornington Peninsula! You can pick up a copy at most authorised newsagents, council service centres, libraries, and many independent retailers. This is likely to be our final edition of Peninsula Local for 2024. We will consider another edition if there is sufficient demand. […]