
The pirates take James Hardie
Hardie has engineered the perfect heist, diluting its Australian shareholders and escaping the ASX primary listing and its pesky checks on executive pay.
Hardie has engineered the perfect heist, diluting its Australian shareholders and escaping the ASX primary listing and its pesky checks on executive pay.
ANZ Plus briefing baffles banking analysts and a pilot strike in Helsinki disrupts Qantas' Singapore route.
King has always been a shrewd risk manager, incredibly deft at placing his bets on a variety of colours and numbers before the ball goes. That's what's so surprising about this f— up.
Wilson holds the underperformers to account. It's only reasonable, then, that his own performance is scrutinised, but for that we'd need real numbers.
On Wednesday came the extraordinary findings of the WiseTech board's investigation INTO Richard White's misconduct, and the complete lack of consequences.
NEXTDC's 'ginger maniac' is surfing the wave to $112 million of free shares. But can the momentum possibly last?
As he goes under, Gupta is attempting to asset strip Australia's essential steel producer to pay off Lex Greensill's administrator in London. Doing so may well push InfraBuild under, too.
Hudson is continuing to strategically underinvest in the Qantas (but never the Jetstar) fleet, even while she claims the opposite and everyone nods along.
Cast your eye around the ANZ board room table and it becomes apparent how Shayne Elliott got away with as much as he did. Seven directors, and virtually no banking expertise.
Over a decade, Westpac has lurched from one personnel blunder to the next. But like choosing an ugly bridesmaid, every chair and CEO dreams of finding someone worse to make him look better. The bank’s arrival at Steven Gregg is simply another outworking of that truth.
The Nine merger was a terrible deal for Fairfax shareholders and the enmity which then festered between the Fairfax-Nine directors facilitated the unforgivable drift of Domain, the group’s primary growth asset.