This Month
Southern Cross’ poison pill that bidders just can’t swallow
Street Talk can confirm this change-of-control payment is not mythical, but a real clause that comes into play when there’s a 100 per cent bid on the table.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Middle East conflict
Right’s cancel culture distorts diplomacy
The government is under fierce attack for its UN voting patterns on Gaza, but it is voting in keeping with global norms.
- James Curran
- Exclusive
- Private schools
Private school fees to rise at almost triple the rate of inflation
Prestigious schools have been gradually contacting parents over the past few weeks announcing new fee schedules for 2025.
- Julie Hare
Andrew Forrest-backed wind farm gets taxpayer revenue guarantee
Energy Minister Chris Bowen will on Wednesday announce 19 projects to get the guarantee, but a new report says environmental laws are causing major project delays.
- Ronald Mizen
- Analysis
- Anthony Albanese
‘Albo knows best’: Inside Labor’s discontent with PM
A series of missteps has raised questions about Anthony Albanese’s judgment. Is he too confident in his own instincts?
- Ronald Mizen
Amazon is quietly turning into a major rival for Coles and Woolworths
Goldman Sachs estimates it is now the second-largest online retailer in Australia, but sales are still a fraction of the big supermarkets. Will that change?
- Updated
- Carrie LaFrenz
Barrenjoey tells staff to expect revenue bump as rivals circle
At least two rival investment banks said that they had recently held discussions with some of the local investment advisory and markets firm’s employees.
- Updated
- Jemima Whyte
Trophy farms worth $120m change hands in year-end deals bonanza
Among the five properties sold was the 1900-hectare wool aggregation Avington – and its 16,000 Merino sheep – in Victoria’s Macedon Ranges.
- Updated
- Larry Schlesinger
November
Board purge at MSO, chairman and three directors to go
Four directors of the troubled orchestra will retire, and delays caused by legal action mean Peter Garrett will no longer review its governance.
- Updated
- Michael Bailey
Investors strip $36.4m from Cuscal on ASX debut
The cool reception for the company comes after regulators instructed the company to improve its risk controls and scepticism towards payments businesses.
- Updated
- Lucas Baird
- Exclusive
- Casinos
Blackstone builds Crown Resorts debt bomb as casino profits slide
The private equity giant says it’s comfortable with the big loan it took to buy the casino operator, despite the interest bill and an earnings crunch.
- Updated
- Zoe Samios and Amelia McGuire
Gupta ‘has reached the end of the road’ on $300m debt, court told
San Francisco investment giant White Oak Global Advisors has given the Whyalla steelworks owner 10 weeks to reach a settlement. He says he’s confident he can.
- Updated
- Hans van Leeuwen
Energy bill fears grow as transmission costs blow out
Billions of dollars of cost blowouts in transmission announced so far this year have fuelled worries about rising electricity bills for households and business.
- Updated
- Angela Macdonald-Smith
Macquarie, Wylie lead charge into Japan as deal activity surges
In a country once closed to foreign investors, companies are looking for new sources of capital and selling assets. But it isn’t easy getting through the door.
- Updated
- Jessica Sier
October
Inside the trade that put Regal in South Korea’s crosshairs
New details surrounding a block trade in semiconductor giant SK Hynix allow a glimpse into the high-risk, high-reward tactics beneath a mysterious strategy.
- Updated
- Joshua Peach
- Exclusive
- Governance
Big super pushes boards on culture after WiseTech, MinRes dramas
Industry superannuation funds are ramping up their focus on the culture of the companies they invest in as scandals wipe billions off corporate valuations.
- Updated
- Fiona Buffini and Hannah Wootton
Telix boss says Australia ‘horrible’ at getting drugs to patients
Christian Behrenbruch, the founder of ASX biotech giant Telix, says Australia has a “horrible” track record getting drugs to patients and lags rest of the world.
- Michael Smith
Why you could be fined for using ChatGPT at work
Giving ChatGPT personal information to generate tailored marketing or financial recommendations may be a breach of privacy laws, the Privacy Commissioner says.
- Tess Bennett
- Exclusive
- Energy
AGL, EnergyAustralia coal power deals with Victoria kept secret
The Victorian Labor government has been slammed for keeping secret the cost of deals to underwrite the state’s two coal-fired power plants.
- Patrick Durkin
- Opinion
- Bonds
Hopes for a soft landing remain heroic
Government spending crowding out private sector activity means that inflation and interest rates are likely to remain high.
- Christopher Joye