Today
Behind the PM’s $3b ‘bailout’ of Victoria’s most expensive road
Experts blame a $10 billion blowout for the North East Link on CFMEU disruptions, a failed tender process and crazy design decisions to pander to community groups.
‘The gap below Cartier and Tiffany’: Michael Hill’s luxury play
ASX-listed jeweller Michael Hill has been undergoing a major rebranding exercise.
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Yesterday
Pallas vows to prove rating agencies wrong
Treasurer Tim Pallas has fended off warnings Victoria could face a third credit rating downgrade since 2020.
This Month
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- Victorian budget
Ratings warning over Victoria’s $188b debt
Rating agencies have put the Victorian government on notice after it revealed state debt would climb to $188 billion, with a daily interest bill of $26 million.
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- Opinion
- Victorian budget
Labor dodges difficult debt decisions
Treasurer Tim Pallas has not delivered the “horror budget” he prepared the ground for, nor a clear path back from the state’s crippling debt levels.
Victorian budget winners and losers
There are no new taxes or levies for the first time in several years – although the state’s waste and fire levies are increasing – but the budget avoids many tough decisions save for a slowdown in infrastructure spending.
Gender of directors added no financial value: study
A study by the Australian National University has found that the gender of directors appointed to company boards had no impact on the financial performance of those businesses.
- Exclusive
- Interest rates
Philip Lowe warns rates could rise again
The former RBA governor says with data surprising on the strong side getting back to a 2.5 per cent inflation level sustainably is not yet guaranteed.
Allan flags budget handouts amid debt, inflation warnings
Premier Jacinta Allan vowed her government would not “put our heads in the sand” over a 20 per cent cost blowout in Victoria’s $80 billion project pipeline when the budget is handed down on Tuesday.
Why Kogan stops interviews with marathon runners to hire them
BOSS sat down with Kogan.com founder Ruslan Kogan just as his share price collapsed by 30 per cent.
Uber’s new retail boss has a plan to shake up groceries in Australia
Susan Anderson says online penetration for the $130 billion Australian grocery sector is still low. She predicts a big step change within the next few years.
April
- Exclusive
- Electricity
Former Labor leader to chair Victoria’s SEC
Simon Corbell, a former ACT deputy chief minister, will chair Victoria’s revised State Electricity Commission, after its advisory board was disbanded.
The unlikely CEO team tackling Australia’s toughest job
Bran Black and Luke Achterstraat represent business at the opposite ends of the spectrum but are determined to present a united front in Canberra.
Highest-paid CFOs revealed
The country’s top CFOs continue to enjoy a “breakout period” on pay and remain in the box seat as the country’s next CEOs.
- Exclusive
- Richard Goyder
Richard Goyder counts down the days at Woodside, Qantas and the AFL
The businessman faces a crucial vote at the oil and gas giant’s annual meeting. He’s already planning his exit from the highest-profile boards in the country.
‘What Paula wants, Paula gets’: Lindsay Fox’s $152m birthday surprise
A high-profile birthday singalong broke out on billionaire Lindsay Fox’s birthday at the official opening of new $152 million Paula Fox Melanoma and Cancer Centre in Melbourne on Friday.
Why this CEO keeps Fridays for thinking
Claire Rogers has co-founded a technology start-up that draws on her experience as a former ANZ executive and World Vision CEO.
Why this top 100 CEO gets his executives to swap jobs
The architect of a corporate experiment where the execs change jobs admits it is a little on the crazy side for a $5.2 billion, top 100 ASX tech company.
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Business braces for more disruption from Gaza protests
Arrests have been made as train stations, ports and parts of Australia’s biggest cities are blockaded by widespread protests against the war in Gaza.
Big business break-up powers ‘would be useful’: ACCC chief
Gina Cass-Gottlieb says she would welcome new powers to break up big business, but her priority is strengthening merger laws and new powers to tackle unfair practices.