November 2024
The mantra that keeps this CEO ahead of the game
Former Virgin CEO Paul Scurrah reveals how he avoids distractions, what he has learnt from the collapse of two airlines and why he doesn’t eat until midday.
October 2024
Aurizon investors impatient for Top End contracts
Aurizon is in “regular” talks with potential customers for its ambitious land bridge scheme, but scepticism abounds over whether it can pull the bold plan off.
September 2024
Pacific National takes hefty write-down on NSW coal business
The rail freight group has written off $424 million and blamed lower container freight volumes, bad weather and smaller harvests for deepening the annual loss of its parent.
November 2023
My ‘empathy’ for Qantas after fight to death with Joyce: ex-Virgin CEO
Pacific National CEO Paul Scurrah says the demise of Virgin Australia taught him the purpose of a CEO.
October 2023
Pacific National takes $59m annual loss, discloses tax office audit
The rail freight group, chaired by Catherine Livingstone since March, has blamed floods and industrial action for the loss as annual earnings slid 11 per cent.
May 2023
Berkshire Hathaway has a Virgin Australia problem
Berkshire Hathaway Speciality Insurance Company is one of several former Virgin insurers that bondholders are roping into a class action case.
March 2023
Pacific National recruits Livingstone, disruptions ease
The privately owned rail giant, hauling everything from home goods to coal, saw a dip in earnings in the past year.
December 2022
Rod Sims gears up for battle with Pacific National on Inland Rail
He may have exited the competition watchdog, but he is not done fighting prospective monopolies, as he turns his attention to this $14 billion project.
May 2022
Virgin bondholders back with new class action naming former CEO
Virgin Australia, its former chief executive and chairman are facing a class action lawsuit from one-time bondholders.
January 2022
Rail and road flooding intensifies supply chain crisis
Pacific National CEO Paul Scurrah has urged the federal government to strengthen the “umbilical cord of the country” after floods in South Australia washed away parts of the railway linking the eastern states with Perth.
July 2021
Stop bickering and jab our staff, CEOs say
New Pacific National boss Paul Scurrah has demanded that health officials move all freight workers up in the vaccine queue.
April 2021
New Pacific National boss Paul Scurrah takes on coal debate
The former Virgin CEO is expected to give his views on the future of coal after starting his new job running rail freight group Pacific National.
March 2021
Pacific National dumps C2FO early payment scheme
Rail haulage group Pacific National will scrap its use of early payments provider C2FO by the end of June and has hired specialist audit group Profectus to review payments it has made to suppliers amid concerns over “income discrepancies.”
Paul Scurrah back in the driver’s seat, this time at Pacific National
The spurned Virgin Australia boss is set to take the reins at Australia’s biggest private-sector freight company.
December 2020
How Bain Capital played Hrd ball to secure Virgin
It was a classic bait and switch. Bain Capital used Paul Scurrah, a straight-talking Queenslander, to get its deal to buy Virgin across the line. He thought his job was safe until he was replaced by Jayne Hrdlicka.
October 2020
Virgin's epic fight with unions
Virgin Australia was always going to have to do a deal with its unions. This task has been made more difficult because of the way it handled the exit of Paul Scurrah as CEO.
Bain installs Hrdlicka at Virgin, having promised not to
Is it any wonder people hate private equity?
Travel bubble fizzles; Virgin's new boss; Monkey-led music boom
Qantas is already slashing the services it promised for the much-hyped trans-Tansman travel bubble, while newly-bought rival Virgin Australia is cutting loose the boss who steered it through administration; new modelling shows Victoria's lockdown has made it the coronavirus-safest state in Australia. Here is Thursday's virus briefing.
Hrdlicka installation sparks fears of low-cost Virgin
Unions are concerned new owner Bain Capital will renege on promises not to take the relaunched airline downmarket after CEO Paul Scurrah exits.
ASX gains on banks, miners; Boral's Fagg to retire in 2021
The sharemarket rose 0.5 per cent as banks and miners advanced after RBA governor Philip Lowe signalled more easing. Whitehaven soared 11 per cent. Audinate, Redbubble shine amid tech slide. The September jobless rate rose to 6.9 per cent.