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Corrections

This Month

Corporate Travel chief executive Jamie Pherous is one of the company’s largest shareholder with 11.5 per cent of shares.

Corporate Travel investors stomach big write-downs; shorts circle

Corporate Travel’s shares have been suspended since August after the company disclosed it had found material errors that could go back years.

November

Singtel chief executive Yuen Kuan Moon

Optus parent avoids earnings hit from Triple Zero outage

Singtel has shrugged off the potential financial impact of the Australian telco’s fatal Triple Zero outage, widening its full-year earnings guidance.

Swinburne chancellor John Pollaers said the university council will ‘review’ calls for an independent investigation into him.

University chancellor in fiery Senate grilling over management style

John Pollaers says Swinburne University council would review calls for an independent investigation into deep staff unrest at the Melbourne-based institution. 

Lendlease chief executive Tony Lombardo held off a raid by bitter rival Mirvac and Hostplus to secure control of its flagship property funds, and has now shored up the company’s power.

Lendlease buys TCorp stake to increase grasp on major real estate fund

The NSW government asset manager has sold out in a move that will rankle investors that have been pushing to oust the property giant as the vehicle’s manager.

October

Andrew Liveris at a Games event in Brisbane on October 8.

‘No bin chickens, no Tom Cruise’: Liveris pitches Brisbane 2032 to NY

Andrew Liveris has made a Tourism Australia-esque pitch to Wall Street heavyweights for business involvement in the Brisbane Olympics.

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Render of the proposed redevelopment of the Sir Stamford Hotel site to luxury apartments by Roberts Co.

Billionaire takes on private credit giant over Sir Stamford rebuild

The future of the now-closed luxury hotel in Sydney’s CBD has hung in the balance for years as a company controlled by a wealthy family pursues legal action.

Richard’s on the Park in Canley Vale has sold for $64 million, marking the second-biggest pub transaction so far this year.

Family-owned pub sells for $64m in Sydney’s biggest deal this year

The Webster family has offloaded its Richard’s on the Park pub in Sydney’s west, which marks the second-biggest pub sale nationwide so far in 2025.

Brendan Smith and Massachusetts Undersecretary Ashley Stolba tour SiTration’s pilot facility in Watertown.

BHP-backed firm adds green value to Trump-Albanese deal

A start-up working for Rio Tinto and backed by BHP says its technology to recover critical minerals could make some US mines more valuable.

September

US President Donald Trump in the White House on Monday (Tuesday AEST), as Health Secretary Robert F. Kennedy Jr (left) watches.

Sorry, Mr President, but parents should seek a second opinion

Donald Trump ignored facts and instead relied on gut feel, a personal anecdote and a dangerous ability to see wokeness everywhere to sow doubt over vaccinations.

August

Nine Entertainment and News Corp have inked a new contract to continue printing newspapers.

Australia’s biggest newspapers to extend print editions by five years

Nine Entertainment and News Corp are set to sign a new deal to keep printing newspapers until 2030.

July

Hedge fund Sage Capital, run by Sean Fenton has underperformed this quarter, in part due to a short on Commonwealth Bank.

Hedge fund Sage Capital doubles down on CBA short despite losses

While the latest quarter proved difficult, the short seller insists the bank’s expensive price tag is due for a reckoning.

JustFund co-founders, executive chairman Craig Carroll, and co-CEOs Andy O’Connor and Jack O’Donnell.

Divorce funding start-up JustFund secures $200m facility as loans grow

A start-up which provides loans to people who cannot afford divorce lawyers has secured debt funding from private credit provider MA Financial.

The wealthy families keeping their private foundations private

The Rinehart, Medich and Lowy families are among the nation’s rich listers shielding the activity of their charitable foundations from the public eye.

Treasury’s charity tax plan splits wealthy families

Australia’s richest families will be forced to distribute the $11 billion locked in private foundations at a faster rate to charities, under a federal plan.

Slow rollout of poles and wire projects set to limit the power of renewables projects.

Solar farms forced to ‘switch off’ due to energy grid logjam

Delays to critical poles and wire projects will force some solar farms to shed more than two-thirds of the power they produce.

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June

A February restructure of Canva’s operations has meant former staff owe hundreds of thousands of dollars in unexpected tax this financial year.

Big tax bill looms for ‘Canvanauts’ after company shuffle

The Australian Tax Office has ruled Canva’s restructure means hundreds of current and former staff need to pay huge tax bills despite not selling any shares.

Rex, which has served regional Australia for 22 years providing links with communities and their economies into capital cities, entered the intercity market after COVID-19 lockdowns.

Buyout fund lobs bid for collapsed airline Rex

Bids for the carrier, better known as Rex, were collected last week with local and international buyers canvassed by investment bank Houlihan Lokey.

May

ACT senator David Pocock says he has serious concerns about the integrity and governance of ANU.

Pocock lashes ANU integrity over Senate missteps

David Pocock says the ANU appears to have misled Parliament on multiple occasions and that its repeated failures raise questions about integrity and governance.

Amelia Hamer.

Victorian Libs look to Hamer for showdown with Allan

The state party will pursue failed federal candidates including Amelia Hamer, Simmone Cottom, Darcy Dunstan and Jason McClintock for the 2026 election.

April

Rio warns of ‘material uncertainty’ over Bell Bay smelter’s future

Despite six years of negotiations, the mining giant and Hydro Tasmania have not reached a deal over power supply for the aluminum operation beyond December.

Original URL: https://www.afr.com/topic/corrections-i1j