Billions of dollars in taxpayer cash have been promised for Whyalla but it’s all on unproven ‘green’ steel bets. The real cost will be keeping the lights on through a drawn-out administration.
Star Entertainment directors are locked in weekend meetings as they scramble to stitch together a lifesaving financing deal for the troubled casino operator.
The golden rule is, don’t make deals without leverage. Star has none, leaving its board in the worst possible position to fight for survival.
A financially strong airline is good for customers, just as much as investors. And one subtle change from the Joyce-era has big implications over how Qantas is run.
The new Woolworths boss will need a bolder strategy to turn around the sagging retailer but it’s nearly a mission impossible to now reverse decades of poor execution.
The digital gaming player is on the cusp of breaking into the top tier of Australia’s sports betting market as it enters the Pointsbet bidding war.
Some of the fastest-growing parts of capital markets have largely functioned unseen. Regulators don’t want to be caught short when the next crisis inevitably hits.
The legendary Oaktree investor makes the case during an Australian briefing that history is working against Wall Street repeating its rally.
Richard White is back in control at WiseTech, but its still not clear in what capacity. The mass exit of directors has left the tech company in a full-blown crisis.
Not all is lost. Victoria has a clear competitive advantage across four world-beating exports and these mines won’t run dry. But first there will be pain.
Original URL: https://www.theaustralian.com.au/author/eric-johnston/page/14