This Month
Virgin board overhaul brings in Qatar executive, ex-Macquarie chairman
The airline has formally appointed Peter Warne – among others – as a director, two years after he was first announced, as it prepares to rejoin the ASX.
December 2024
Insignia rejects Bain’s billions as lacking ‘fair value’
Major shareholder Tanarra Capital described the private equity firm’s offer as “highly opportunistic” as Insignia shares tumbled.
November 2024
NAB tapped Bain & Company for its strategy refresh
Consulting firm Bain was called in to help National Australia Bank with its new strategy focusing on customers, it can be revealed.
August 2024
Bain Capital a ‘motivated’ buyer of Permira-owned I-MED
A “limited” amount of new information has been shared with a handful of bidders in the past week to help familiarise them with the business.
June 2024
Qatar in talks to take up to 20pc stake in Virgin
The transaction, if successful, would hand the Qatari carrier up to 20 per cent of the private equity-owned airline and comes amid a stalled ASX float process.
May 2024
Why so many top executives start in accounting, consulting
BOSS delves into the career paths of the senior executives at Australia’s 20 biggest companies to discover where they started – and the critical skills and experience they gained.
March 2024
Backdoor listing for Accolade on the table in AusVintage deal
The largest shareholder in Australian Vintage, which owns the McGuigan and Tempus Two wine brands, says a Chemist Warehouse-style listing of Accolade makes sense.
Virgin Australia records higher revenues, warns of headwinds ahead
The airline’s chief executive, Jayne Hrdlicka, did not provide additional detail about why was leaving the company later this year.
February 2024
Diversity advocates McKinsey, BCG, Bain land pay gaps over 30pc
Strategy firms that advise clients to increase the diversity of their workforces and leadership teams have gender pay gaps that are up to double the national gap.
Hours, travel contribute to Bain’s 31pc gender pay gap
Bain, a consulting firm that heavily promotes itself as being an employer of choice for women, has a gender pay gap of 31 per cent, higher than the industry gap of 26 per cent.
December 2023
Ex McKinsey, Bain operative to run Canberra’s in-house consulting push
The high-powered in-house Australian Government Consulting unit will be led by former Victorian data chief Andrew Nipe.
November 2023
Virgin ground staff win pay rises of up to 20 per cent
The Transport Workers Union says the Virgin pay deal “corrects pay and conditions after pandemic sacrifice” for staff including baggage handlers and cleaners.
October 2023
Strategy firm Bain delays new starters by up to 10 months
The consulting company’s Australian office has deferred the start dates of its roughly two dozen new employees until as late as October next year.
April 2023
Strategy firm Bain pays graduates to defer start date
Bain has given graduates $5000 to defer their starting date by three months as tighter economic conditions hit demand for corporate advice.
March 2023
McKinsey pays graduates to defer their start date
McKinsey has offered a “small bonus” to its Australia and New Zealand graduates to delay their starting date by up to two months, a move the firm says is unrelated to a plan to cut more than 4 per cent of its support staff globally.
January 2023
Energy, natural resources deals to shape M&A landscape
Executives expect energy companies to separate or spin off parts of their business this year, Bain & Company said in a recent report.
Four reasons why the Virgin float will fly
The Virgin Australia initial public offering later this year appears to tick all the boxes for success, unless the private equity owners, Bain Capital, get greedy.
Meta and Apple fall off Glassdoor’s list of best places to work
It’s the first time Apple hasn’t made the list since Glassdoor began releasing it in 2009. Meta has been ranked since 2011 and has held the No.1 spot three times, most recently in 2018.
China’s richest shoppers hold the key to luxury’s future
Big bling’s fortunes are inextricably linked to China, whose shoppers are estimated to have accounted for 17 per cent to 19 per cent of global spending in 2022.
September 2022
Jim Bain: The digital revolutionary behind the ASX
Beyond the frankness and geniality was a shrewd market operator ahead of his peers, a life of wider community service, and a prodigious author.