ASIC eyes action as millions lost in collapsed Shield, First Guardian schemes
ASIC is looking at options for holding Macquarie and Equity Trustees to account over failed schemes which 12,000 investors tipped about $1bn into over a two-year period.
Companies
Star’s deal to sell Queen’s Wharf still alive as talks continue
Cash-strapped casino group Star Entertainment has bought itself more time to avert the collapse of a deal to offload its stake in the $4bn Queen’s Wharf precinct in Brisbane.
Chanel suffers as even luxury shoppers clutch onto their savings
Well-heeled shoppers from Sydney to New York are baulking at Chanel’s decision to lift the prices of luxury handbags almost 100 per cent, triggering a sharp decline in the designer brand’s sales and profitability.
Independent printer suffers an early blot with new WA press
A new printing press at the heart of WA’s latest media furore has endured a turbulent first week of operation amid a public spat between Seven West and an independent newspaper.
Alarms raised over Victoria’s 9GW offshore wind electricity generation plan
Victoria’s plan for an offshore wind-powered electricity generation industry by 2040 faces a significant risk of being derailed, says the nation’s top clean energy investor group.
Once its edge, Domino’s can’t keep delivering in an Uber Eats world
The global pizza brand was one of the hospitality world’s most advanced thanks to its IT and delivery. New executive chair Jack Cowin says those days are numbered.
Former stockbroker at the pointy end of defending Australia
A decade ago Matt Lucarnus turned his back on his stockbroker career and founded knife manufacturer Zu Bladeworx. Today he supplies combat knives to the Australian Army.
AI dawns as the new frontier in legal fights
Australia mirrors the US in class action trends, and AI washing cases could be on the rise, lawyers and experts say.
Asian warehouse giant sees the tariffs upside
Asian warehouse giant ESR has just been taken private and controls about $1 trillion in assets. Now newly appointed president, Australian executive Phil Pearce, has big plans ahead.
Australia’s iron ore sector pins its hopes to a Chinese rebound
Beijing’s latest supply-side reforms provide some hope for Australian iron ore miners after a brutal financial year in which the materials sector significantly lagged the broader market.
PM’s reform project can’t be a one-hit wonder
The message from business to Anthony Albanese’s challenge is not to overcomplicate the process, but there has to be a real appetite for change.
PM faces CEO reform pledge test at business roundtable
Business leaders have demanded Anthony Albanese delivers a broad reform package at August’s roundtable. ‘Of course the PM should be worried … Why would we want to be the 15th or the 16th or the 17th of anything?’ asked Paul Schroder.
Any takers? Canada pension fund retires from Riverina
One of Canada’s largest pension funds has listed a cropping holding in the NSW Riverina with a price tag of $40m.
Are ETFs behind Commonwealth Bank’s record run?
Investors have rushed into passive exchange-traded funds, which perfectly match market moves. But are the funds themselves changing the sharemarket?
Workers at Star’s Brisbane Casino walk off the job
Hundreds of workers at Star’s Brisbane Casino have walked off the job over a pay offer that would leave ‘workers facing a real-wage cut’.
A Lebanese work ethic that’s clothed corporate Australia
The daughter of Lebanese immigrants, Pamela Jabbour has built a company which has clothed some of corporate Australia’s finest. Yet behind the triumph is a tale of family love and heartache.
Macquarie’s CEO succession is a matter of timing
The modern Macquarie Group likes to hang on to chief executives but the bank’s board is already thinking about who takes over from Shemara Wikramanayake.
Bally’s warns Austrac fine threatens Star rescue deal
US casino giant Bally’s Corp says it may be forced to walk away from a rescue deal for beleaguered Star Entertainment if Austrac imposes a threatened $400m money laundering fine on the group.
Schiavello lands $44m Bunnings outlet deal
Charter Hall has sold a Bunnings store in Melbourne’s suburban Clyde North under a deal that reinforces the market for the warehouses is strong.
Game on for Quintessential as Olympics prompts office race
Funds house Quintessential ran early with office purchases as the cycle turned and is now targeting a site near Brisbane’s planned Olympics village.
Commercial property showing evidence of boost from rate cuts
Interest rate cuts have helped to propel a rise in commercial property transactions during the first half of 2025, the latest CBRE data shows.
Charter Hall goes on a mall shopping spree
Funds house Charter Hall has bought two malls in Sydney and Melbourne as it launches a new specialist wholesale trust.
‘A land crisis’: How GemLife is untangling the property puzzle
Investors have backed GemLife’s ‘seachanger’ property model with a strong debut on its closely-watched $1.5bn stock market listing.
Sentinel goes for Olympic glory with tower buy
The Warren Ebert-led Sentinel Property Group has bought the Green Square South office in Brisbane’s Fortitude Valley which is close to key Brisbane 2032 Olympic and Paralympic Games sites.
Vanessa Hudson’s first big test as Qantas boss is here
The fallout from the massive Optus and Medibank cyber breaches was around the quality of response. There are big questions for Qantas to answer with this attack.
Offshore wind giant ‘could pull up stumps’
Offshore wind developer BlueFloat Energy is weighing a potential sale of its Victorian project as it considers its future in Australia, posing a significant setback for the green energy transition.
Worst year on record for businesses unable to pay debts
The tax man is cracking down, with more Australian businesses going insolvent than ever before. But, the worst could be behind us.
Green setback as Victoria’s interconnector delayed
The $4bn Victoria-NSW VNI West electricity interconnector has been hit with a fresh two-year delay in a major blow to Australia’s plans to reach ambitious renewable energy goals by the end of the decade.
Fortescue directors strike gold with Greatland
Long-time Fortescue directors Mark Barnaba and Elizabeth Gaines have made a glittering start to the financial year via the Andrew Forrest-backed gold producer, Greatland Resources.
Swyftx buys into crypto-hungry US hype
Australian cryptocurrency exchange Swyftx has sealed a deal believed to be worth up to $200m to buy a Melbourne-based, US-focused crypto brokerage targeting the rich.
Original URL: https://www.theaustralian.com.au/business/companies/page/3