This Month
- 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
Revealed: Australia’s 50 most valuable pubs
They’re etched into the national psyche – a place for a pint, a pie and a punt. But hotels are also serious business and increasingly expensive trophy assets.
- Larry Schlesinger
Rio Tinto considers iron ore strategy shift
Rio Tinto is reviewing its iron ore product strategy after low-grade volumes accounted for 19 per cent of sales. Analysts say investors should be concerned.
- Updated
- Peter Ker
- Updated
- Manufacturing
British courts pile more pressure onto Sanjeev Gupta
The Whyalla steelworks owner faces court action for not filing accounts, and a fresh legal battle to keep his European operations out of administration.
- Updated
- Hans van Leeuwen
Ed Peter’s Duxton Pubs appointed wife, sons to roles in business
The decision has inflamed tensions with big investors at the same time as the asset manager contends with broader financial pressures and sells properties.
- Updated
- Primrose Riordan and Simon Evans
- Exclusive
- Agriculture
Ed Peter’s Duxton stops investors withdrawing from flagship farm fund
The asset management house founded by the prominent South Australian businessman is already selling several of its assets out of its other portfolio companies.
- Updated
- Primrose Riordan
Can a Millennial overcome a mortal dread of cruising?
After 15 years of saying no to cruises, the time finally came to walk the gangway to meet those towel animals and other weird traditions.
- Sam Buckingham-Jones
September
Super funds withdraw climate push against BHP
BHP has committed to disclose its investments in green steel innovation and produce a five-year financial plan after brokering a truce.
- Elouise Fowler
- Exclusive
- Defence
Kamala Harris’ potential defence chief backs Labor supercomputer deal
Michèle Flournoy, a possible Pentagon boss, says quantum computing will be like the nuclear bomb in how it will reshape the China v USA narrative this century.
- Andrew Tillett
- Exclusive
- Education
Grok Academy’s founder resigns with workplace investigation under way
The free technology education group championed by billionaire businessman Richard White has already made the majority of its staff redundant.
- Updated
- Jemima Whyte
Qatar Airways approaches the landing strip on Virgin Australia stake
The deal, expected to be finalised within days, comes nearly 1½ years after Bain Capital delayed a billion-dollar public listing of the Australian airline.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport