This Month
ACCC intervenes in bidding war over Namoi Cotton
The regulator’s intervention pushed shares down eight per cent at the start of trade on Thursday. It has fielded offers from France’s Louis Dreyfus and Olam.
David Di Pilla’s HMC Capital takes big stake in Baby Bunting
The country’s largest maternity and baby good retailer has had a poor year, with earnings downgrade and executives departures pushing shares a third lower.
April
Tanarra sharpens criticism of Lendlease’s Lombardo, Ullmer
John Wylie’s firm has been calling for major changes at the property group. In a letter to investors, it makes clear its views of the company’s chief executive.
Star Entertainment is eating itself alive
How far will the regulator push the company? How much damage have squabbling executives done? An inquiry into the Sydney casino operator is getting ugly.
- Analysis
- Governance
The slow death of Magnis Energy shows plenty wrong with the ASX
Over many years, the EV play has shown nothing but contempt for shareholders, most of them small investors. In its inaction, so too has the market operator.
Broken Star cash machine gushed cash and exposed ‘deep cultural’ issue
For weeks, one terminal paid out millions to patrons who already cashed their wins. “Numerous failures” prevented the fraud being detected, an inquiry heard.
- Exclusive
- Energy
HESTA sides with Woodside on Goyder’s future
But the outspoken superannuation fund, which has criticised the company for not doing enough on emissions reduction, will vote against its climate strategy.
It’s Hanwha against the hawks in race for shipbuilder Austal
The Korean conglomerate has made the news plenty of times before and not always in a positive light. Now it wants Australia’s largest defence group.
Christopher Pyne emerges as Hanwha’s man in Canberra
The Korean conglomerate has lobbed a $1 billion bid for ASX-listed Austal. The local shipbuilder has rejected the offer, saying it won’t be approved.
- Updated
- Defence
South Korea’s Hanwha a ‘credible buyer’ for shipbuilder Austal
The ASX-listed group has rejected a bid from the defence and aerospace conglomerate after warning it would probably fail to gain required government approvals.
- Updated
March
- Exclusive
- Private schools
Emails revealed as ousted Cranbrook head hires top silk
If Cranbrook governing council thought a quick resignation from headmaster Nicholas Sampson would bring about a swift end to its media agony, it was wrong.
ASX in war of words with Magnis Energy as shares remain suspended
Once one of the most promising renewables plays with a market capitalisation of some $500 million, the company has been told to outline its sales contracts.
- Exclusive
- Aviation
Investors’ scepticism grows as Qantas management sells strategy
The airline’s chief executive, Vanessa Hudson, faces her most significant test since taking the top job as she leads discussions with shareholders and brokers.
February
- Exclusive
- Political leadership
Libs look to convert, not beat, Spender
The Wentworth MP, chosen as an independent at the last federal election, says she has no interest in joining the party.
- Updated
- Aviation
Hrdlicka to leave Virgin Australia, putting IPO plans on ice
The CEO has not provided a leaving date or any reason for her exit, and will stay on until a replacement is named.
- Updated
Mega Chanel store to anchor former Sydney home of DJs
The owner of Westfield in Australia is overhauling the former Sydney CBD department store, with an emporium that will be anchored by a three-storey Chanel boutique.
- Exclusive
- Gaming & wagering
Crown Resorts clears its CEO of law breaches
The gaming giant had been investigating whether Ciaran Carruthers intervened to allow patrons back into its casinos even after security had removed them.
- Updated
Former NT chief minister quits Forrest’s Fortescue energy business
Michael Gunner is the latest executive to depart the company. He joined shortly after leaving politics, having taken Labor to government in 2016.
January
- Exclusive
- Aviation
Qantas calls in McKinsey for operational overhaul to fix late flights
The appointment of the global management consultancy comes after BCG was engaged for similar work and follows Vanessa Hudson’s elevation to chief executive.
Albanese recruits senior staffer from Andrew Forrest’s Fortescue
Fiona Sugden is a veteran Labor staffer, having worked in Kevin Rudd’s prime ministerial office.