Only the smart should lose their dough
WAM boss Geoff Wilson was unimpressed by an investor who complained about the performance of one of his funds – and mused that an aptitude test might be in order.
Margin Call
Minderoo chief chops out the fat
Nothing like an anonymous staff survey to check an organisation’s pulse, and over at Andrew and Nicola Forrest’s charitable appendage Minderoo the feedback has been somewhat glum.
Cannon-Brookes has designs on neighbour’s backyard
Atlassian co-founder Mike Cannon-Brookes already owns five addresses in the Southern Highlands, but he’s keen on expanding his empire further, next door in fact.
Harding’s purple reign still haunting icare bean counters
Bloated government agency Insurance and Care NSW has spent more than two years and over $300k basically trying to eradicate the colour purple from its branding.
Leaked photos capture the demise of Forrest’s pipedream
Every picture tells a story, they say, and these ones clearly show the absurdity of the dream versus reality of what has come to pass for Andrew Forrest’s green energy aspirations.
MinRes’s ‘safe work’ sham show
Mineral Resources says it’s a female friendly workplace and splashed cash on a glossy video starring a former federal pollie to push the case. Such a shame it’s a load of piffle.
Billionaires bickering over carve-up of fortune
Almost 10 years after their divorce, rich-listers Heloise Pratt and Alex Waislitz are still working out how to divide their billions, and it’s starting to get ugly.
Former ASIC heavyweights miss out on Joe’s party
So it seems ASIC boss Joe Longo has a fun side, pairing up with former chair Alan Cameron to throw a private luncheon for a select few of the regulator’s past luminaries.
Carbon-conscious union couple enjoy Mexico wedding bash
Two diehard CFMEU officials threw any thoughts of greenhouse gases out of the plane window to enjoy a balmy Mexican wedding complete with plunge pools and guests flown in.
Wider front emerges in rivalry fuelled conflict
Not only was strategists Civic Group hired by a fuel rival to muddy the reputation of petrol chain OTR but it turns out there’s a touch of Israeli-Palestinian rivalry in the background.
Rival petrol billionaires revealed as masterminds of fake smear campaign
A bombshell in a South Australian court has revealed United Petroleum as the mystery antagonist that tried to stop a competitor muscling into the Victorian fuel market.
Burger chief bows out of baby billionaires brotherhood
Crisis averted within Melbourne’s hush-hush secret society of baby rich-listers, where Pro-Palestine Burgertory boss Hash Tayeh has saved the Yarra YPO branch from having to evict him.
Hostility driving the Liberal Party fiasco
NSW Labor must be wondering how they could possibly lose the next election as the Liberals tear themselves apart, with an internal power struggle claiming state director Richard Shields.
Big cash splash as Virgin deal nears
Bain Capital is on the verge of selling 20 per cent of Virgin Australia to Qatar Airways, and has just ticked off a 33c dividend that will further enrich outgoing CEO Jayne Hrdlicka and other execs.
Callide C power station probe obstructed
Forensic engineer Sean Brady was blocked from interviewing key figures at Queensland government-owned CS Energy for his investigation into an explosion at the Callide C power plant.
Spiritual guidance little help for ex-Tabcorp CEO
With his position at the top of Tabcorp on the line, Adam Rytenskild sought assistance from an unlikely source, his wife’s spiritual healer.
Little to envy about the nation’s first anti-Semitism envoy
Spare a thought for newly minted anti-Semitism envoy Jillian Segal, who has to report her findings to the politically conflicted Tony Burke, whose electorate thinks Labor’s too soft on Israel.
Rytenskild given one hour to resign as Tabcorp CEO
The betting giant’s former boss Adam Rytenskild is taking to the courts in an effort to claw back millions in lost entitlements after his hasty departure.
Tabcorp having a bob each way on gambling ads
It’s difficult to divine if Tabcorp is for or against the Albanese government’s possible crackdown on gambling ads, but the smart money is on whatever’s best for the bookmaker.
Costly smackdown for finance millionaire’s takeover dream
Had he actually succeeded, Liberty Financial founder Sherman Ma would have created a powerhouse of aggregated financing. Now he’ll be lucky to exist in the realm he tried to take over.
Original URL: https://www.theaustralian.com.au/business/margin-call/page/4