June 2024
Harold Mitchell’s penthouse – combining five apartments – hits the market
The colourful, oversized home of the late advertising and media guru, who died in February, has gone on sale in Melbourne.
May 2024
A complex legend: Harold Mitchell farewelled by billionaires, underworld figures
Advertising guru and philanthropist Harold Mitchell has been celebrated as a “larger than life” but complex legend.
February 2024
‘The last cheque that I write bounces’: vale Harold Mitchell
The advertising pioneer, who died last week aged 81, struggled with personal challenges, including alcoholism, weight and marriage failure.
February 2022
Victor Smorgon Group hires KPMG partner
Agricultural sector dealmaker Sam McClure is set to join Victor Smorgon Group.
September 2021
Crown’s directors must be thoroughly sick of each other
While some of Crown’s board have been accused of insufficient regulatory scepticism or curiosity, none could be accused of not ... well, turning up.
August 2021
Former Tennis Australia president seeks $3.8m in costs from ASIC
Stephen Healy has made an application to the Federal Court for costs, which could see ASIC’s legal bill for its case over Tennis Australia’s broadcast rights hit nearly $6 million.
February 2021
Why the Fink spells bad news for Crown
The appointment of Ray Finkelstein to run Victoria’s royal commission into Crown spells bad news for the casino giant, legal eagles engaged for the inquiry say.
Crown Resorts farewells excellent, outstanding directors
Crown CEO Ken Barton’s was thanked for his “dedication and commitment”. Which beats other recent assessments.
December 2020
ASIC paid more than $2m to external advisers in tennis rights case
The corporate regulator spent more than $2 million on external advice during its case against Harold Mitchell and Stephen Healy. The amount does not include costs that ASIC will pay to Healy.
November 2020
Harold Mitchell fined $90,000 by Federal Court
The former Tennis Australia director was fined $90,000 for breaching his directors' duties while on the company's board, which fell short of the maximum available fine of $600,000 and the $150,000 sought by ASIC.
October 2020
Easy decision to make on Crown's NSW licence
A bullying culture, criminal influence in casinos, a negligent board and a charade of independence. It is hard to see how Crown's licence can proceed in its present form.
Crown's directors haunted by what they didn't do
As Crown's independent directors face the casino inquiry blowtorch, a simple question emerged: why didn't they act to stop the group's lurch into crisis?
Crown board facing inquiry reckoning
The board of Crown faces a grilling at the casino inquiry this week, when their contribution to the group's governance and risk management failings will be probed.
Harold Mitchell's evidence to Crown inquiry as it happened
Crown director Harold Mitchell congratulated Packer on sale and didn't turn his mind to Ho interest, and admitted Crown's clientele standards were not "good enough". At stake is Crown's suitability to hold a gaming licence in Sydney. Follow updates here.
August 2020
John Price's ASIC departure less than total
Price is already working as a consultant to the regulator he just left.
ASIC's 'armchair' case crumbles
Once again, the tough ‘why not litigate’ policy of the regulator has finished up looking like a ‘why did they litigate' on reflection.
In tennis rights fight, did McLennan play everyone?
An offer that was too good to be true – $50 million a year for right to broadcast the Australian Open – helped rip apart the tennis hierarchy.
'What did they do? They just blew it.'
Advertising veteran Harold Mitchell has dumped on ASIC, claiming the corporate regulator's failed legal campaign against him cost $20 million and was 'commercially naive'.
Counting the costs of ASIC's pyrrhic victory
Even if ASIC is only billed the customary 70 per cent of costs, knowledgeable sources suggest it's likely to be on the hook for at least $3 million.
July 2020
Harold Mitchell breached director duties but judge roasts ASIC
A Federal Court judge has ruled the corporate regulator has failed to back up conspiracy theories against former Tennis Australia director Harold Mitchell.