‘Do no more harm’: CEOs make their election pitch
The notion of an Elon Musk-style regulation buster with authority to drive changes would be welcome relief here.
Companies
Why women choose to be their own boss
New research reveals female business leaders believe it’s harder for women to get funding compared to men, but they are still giving it a go.
ASX closes at record high
The Australian market rallied during early trading as markets digest the latest appointment from President Elect Donald Trump.
ASX 200 hits record close; SG Fleet, Novonix on a tear
APRA decision weighs on big four. SG Fleet soars on $1.2bn takeover talks with Pacific Equity Partners. Novonix signs new offtake deal. Cuscal debuts in line with IPO price. SCA boss fires broadside at regulators.
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Rex airline $500m in the red, administrators reveal
Rex owed $500m to 4800 creditors at the time of its collapse and its administrators say they are investigating the possibility the airline was trading while insolvent.
Teen’s ‘impulsive’ act that made her millions
A hugely successful young Aussie has revealed the “impulse” decision she made as a teenager that led to her running a multimillion-dollar business.
News Corp considering Foxtel sale
Publishing giant News Corp has revealed it is considering selling Australian pay television company Foxtel following a financial update.
Aviation heavyweights’ $160m play to buy Rex ‘rudely rejected’
The Rex co-founder has revealed he and some airline veterans including Paul Scurrah hatched a plan to buy the airline for $160m but were sent packing by its largest shareholder Lim Kim Hai.
‘Qantas activism only with approval’
The Qantas board will have to sign off on any public support of social issues in the future, after a review found such posturing ‘negatively impacted’ the airline.
Joyce bonus slashed, board hit by Qantas review
The Qantas board has delivered a stinging rebuke to former chief executive Alan Joyce in the form of a $9.3m cut to the bonuses he had qualified for.
$10m slashed off Crown Barangaroo penthouse asking price
Sydney’s swankiest apartment is back on the market, with a high-profile Luxe Listings agent dropped and the new team tasked with selling the six-bedroom unit spending $500,000 on staging.
Fears major Aussie retailer in big trouble
Its shares slumped after a major announcement from the retailer which employs 4000 staff and has 700 stores.
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