Bonus cuts as Nine takes profit hit on lacklustre ad market
Nine’s key executives including chief executive Mike Sneesby have taken hefty cuts to their bonuses as the company’s profit slumped faster than it could reduce costs.
Victoria Business
Rio offers to tip $760m into ERA for Ranger uranium clean-up
The mining giant will effectively take over Energy Resources of Australia, if it takes up most of the $880m capital raise to fund rehabilitation works at the Ranger uranium mine.
BHP looks to more than double copper production out of SA
BHP has announced a copper ore resource of more than one billion tonnes at Oak Dam in outback SA, and wants to more than double output in the state over the next 10 years.
Banducci leaves Woolies in top shape
Brad Banducci should feel pretty satisfied with the latest result at Woolies – his final mark on a stellar turnaround at Australia’s biggest supermarket group.
More Stories
Can PwC Australia survive intact?
The scandal is far from over and is threatening to spread offshore. However, PwC’s demise could seriously disrupt corporate activity.
RBA boss issues fresh warning on home loan rates
The Reserve Bank governor has said it’s still too early to declare victory in the war on inflation and more rate hikes may be needed.
The RBA must hike and hope
RBA governor Phil Lowe and his board really have no option but to hike rates again next Tuesday and then spend June assessing whether the economy has hit the wall.
Can Wesfarmers pull off its digital evolution?
Wesfarmers is late to e-commerce and it will need to prove that it can beat the ruthless tech giants at their own game.
PwC scandal: ATO tried to dob in tax dodgers years ago
The ATO has revealed it attempted to dob in PwC over its tax conduct years before the recent referral to the AFP.
Asleep at the wheel: AUSTRAC’s stunning record of failure
Crown Casino was able to breach anti-money laundering laws because regulator AUSTRAC was asleep at the wheel and out to lunch for more than 20 years.
Spruiker Colin Oxlade’s failed firm had less than $100 in the bank
Gold project spruiker Colin Oxlade begged a court not to liquidate his company because he had $12.5m in payments just days away – but the outfit had less than $100 in the bank.
Hospitals boss embraces AI to keep healthcare simple
Former Ramsay Health boss Chris Rex has just thrown his support behind emerging medical tech player and believes AI can improve patient care.
PwC scandal gets messier and murkier
Acting PwC Australia CEO Kristin Stubbins has thrown ‘former’ PwC partner Peter Collins under the proverbial bus – and then reversed back over him.
Former SA powerhouse suspended from trade after court loss
A once great Aussie manufacturer – well known in SA for the iconic Hills hoist – has suspended its shares from trade after a legal loss that could have a “significant impact”.
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