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David Ross is a Sydney-based journalist at The Australian. He previously worked at the European Parliament and as a freelance journalist, writing for many publications including Myanmar Business Today where he was an Australian correspondent. He has a Masters in Journalism from The University of Melbourne.

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PropertyProperty

SYDNEY, AUSTRALIA - NewsWire Photos NOVEMBER 10, 2022: Ex-banker Jon Adgemis, now a wealthy property mogul pictured at his new venture, Oxford House in Paddington. Picture: NCA NewsWire / David Swift

Where’s the money? Adgemis misses his $600,000 deadline

Employees of Jon Adgemis’s pubs group will wait another month for payment after he was granted an extension on a $600,000 instalment to April 30.

David Ross

Professional servicesCompanies

Ben Neal (Scyne), Fay Bou (Allegro), Adrian Loader (Allegro), Tim Jackson (Scyne) and Diane Rutter (Scyne) Picture - Renee Nowytarger.

Consulting crash sees Scyne Advisory slash more jobs

PwC’s former government consulting shop is cutting costs and staff as the days of ‘a reliable generalist consulting adviser are coming to an end’, according to its chief.

David Ross

BanksFinancial Services

SYDNEY, AUSTRALIA - FEBRUARY 18: Australia & New Zealand Banking Group Ltd. (ANZ) signage is seen at a central business district branch on February 18, 2025 in Sydney, Australia. The Reserve Bank of Australia (RBA) is set to announce its monetary policy decision on February 18, 2025, with many experts predicting a rate cut due to easing inflation and economic conditions. This anticipated cut aims to provide relief to mortgage holders and stimulate economic activity amid concerns about weak household consumption and employment growth. (Photo by Lisa Maree Williams/Getty Images)

ANZ cops $250m capital hit from APRA, publishes culture review

ANZ’s culture review has largely cleared the bank over issues in its markets business, warning they were isolated, but found many staff felt like the bank failed to police poor behaviour.

David Ross

ExclusiveFinancial Services

Westpac business lending managing director Tamara Bryden

Westpac jettisons legacy invoice lending ops

Westpac has relaunched its invoice financing operation as part of a push by its business bank to win commercial customers.

David Ross

InsolvencyBusiness

Magnis Chair Frank Poullas. Picture - Supplied

Magnis sells US battery factory for just $16m

Magnis told shareholders its battery business iM3NY could be worth as much as $2bn, but liquidators sold it at bargain basement prices.

David Ross

Private creditCompanies

Artists impression of Elizabeth Bay project and inset Pallas Capital chief investment officer Dan Gallen and chairman Patrick Keenan.

Sydney property developer rattles can for disputed Fortis project

Pallas Group is seeking financial backing for its latest property project, even though it’s opposed by the City of Sydney.

David Ross

BankingFinancial Services

, NCA 2025 Federal Election Liberal Bus 31/03/2025, Newcastle Australia, Leader of the Australian Liberal party Peter Dutton visits the Cougar Mining Equipment factory in Newcastle of the Patterson electorate on the campaign trail for the 2025 federal election. Picture Thomas Lisson/NewsWire

Coalition’s homebuyer pledge is no game changer, say analysts

Financial analysts say the Coalition’s plan to ask regulators to relax the ceiling on borrowers risks increasing house prices while creating only a small benefit.

David Ross

ExclusiveFinancial Services

AOFM revises tally of meetings since trading scandal

The AOFM has disclosed two more meetings with senior bankers at ANZ, after The Australian revealed the government’s debt agency had met with the frozen-out bank.

David Ross

MarketsBusiness

SYDNEY, AUSTRALIA : NewsWire Photos - MARCH 05 2025; A general view of people walking past the ASX in Sydney ahead of the ABS releasing National account figures for the December quarter showing the strength of the Australian economy. Picture: NewsWire/ Gaye Gerard

Regulators threaten to use new powers to take control of ASX

Both ASIC and the Reserve Bank have threatened to use new powers to seize control of the market operator as they lose patience with the rate of clearing and settlement failures.

David Ross

BanksFinancial Services

8/12/2024 Nuno Matos is the incoming ANZ Chief Executive Officer. Photo: Aaron Francis

ANZ rushing on CEO transition

Incoming boss Nuno Matos is expediting his entry at the bank amid growing regulatory scrutiny.

David Ross

Original URL: https://www.theaustralian.com.au/author/david-ross