Yesterday
‘We’ll fight’: Alex Waislitz on family battles and bad bets
The billionaire investor is mired in clashes with his ex-wife, future sister-in-law and developer Tim Gurner. But he’s up for it, he says.
This Month
Victorians warned to expect energy shortages and higher prices
Victorians face a catastrophic risk of energy shortfalls and more than doubling of prices over the next 10 years, according to modelling released by Infrastructure Victoria.
Billionaire Waislitz rejects claim of $21m in improper loans
Billionaire investor Alex Waislitz has denied his ex-wife Heloise Pratt’s claims that he improperly made $21 million in loans to spend on his fiancee.
Victoria warned about risky funding to revive wind farm plans
The Allan government is being warned not to use a contracts-for-difference funding model to revive its plans for the struggling Gippsland offshore wind farm zone.
Victoria’s offshore wind plans in chaos after Bowen’s rejection
The Victorian opposition warns the state’s $100 billion offshore wind rollout is in chaos after federal Labor rejected the country’s second-most advanced project in Gippsland.
Coalition’s fighter jet plan would cost ‘triple’ $3b pledge
“The opposition have massively underestimated the cost of their thought bubble,” said Defence Industry Minister Pat Conroy.
February
Postie may come every three days if letters keep dying
Daily letter deliveries are a thing of the past and could fall further, but Australia Post has posted a healthy profit and looks set to expand its deal to provide rural banking.
Labor stand-off threatens $100b offshore wind rollout
At the heart of the dispute is where to develop the port facilities that would support the assembly and servicing of a field of huge turbines off the Gippsland coast.
Beer sales have slumped. Here’s what Asahi’s CEO is doing about it
Beer consumption is a third lower than it was 20 years ago, prompting Asahi Beverages’ first female CEO to take the company beyond the amber nectar.
Failed diversity push triggers demands for ASX governance overhaul
Wesfarmers boss Rob Scott said proposed governance guidelines ‘went too far’.
Revealed: the 24-hour vote that killed off ASX diversity plan
The ASX Corporate Governance Council will drop proposed new rules for listed companies after nearly half the members voted not to proceed.
John Wylie calls for annual director elections in ASX overhaul
The veteran fund manager is urging the ASX governance council to return to the drawing board and has proposed an alternative “commonsense” version of rules.
Corporate revolt set to kill off ASX diversity plan
At least four key business groups will oppose proposals to update the governance rules, killing the prospects of getting the broad consensus needed to proceed.
Australian Jewish leaders to raise millions to fight antisemitism
Former treasurer Josh Frydenberg will chair a fundraising group that aims to help stamp out hate speech.
Why the Star case has unnerved Australian boardrooms
“It’s a private company” is a big selling point for directors when headhunters call, and ASIC’s case against the embattled casino group is making many directors more nervous about public company boards.
Allan told to get SRL money into Melbourne’s west, or else
The controversial $100 billion Suburban Rail Loop was thrust back into the spotlight after Labor’s primary vote collapsed in the Werribee byelection.
ACSI threatens to quit ASX governance council in split over diversity
The lobby group for the $4.1 trillion superannuation sector has threatened to quit the ASX Corporate Governance Council if it drops controversial diversity reporting for listed companies.
Push to delay ASX diversity rules until 2026
Key members of the ASX Corporate Governance Council will push to delay diversity reporting for listed companies until 2026, at a meeting of industry CEOs on Friday.
Allan concedes safe Labor seat ‘on a knife edge’
Labor was ahead – just – in the Victorian state seat of Werribee which it has held since 1979 with half of votes counted in an important byelection.
Allan orders full-court press to stave off historic byelection loss
Jacinta Allan has gone chips in on the Werribee byelection, with defeat potentially spelling the end of the state Labor government, according to pollsters.