WiseTech’s Richard White is now untouchable
If the WiseTech boss was another chief executive, he’d be long gone. Instead, a weak board had delivered a predictably weak response to his actions.
Victoria Business
Mineral Resources shares tank on latest haul road hiccup
Less than a month after Mineral Resources boss Chris Ellison said issues with the haul road were ‘not a big deal’, a $200m milestone payment is at risk if it doesn’t hit its ore volume target by the middle of next year.
Gupta can’t hide financial secrets from Whyalla mess
OneSteel was never really a business under Sanjeev Gupta’s ownership. Steelmaking was just a by-product of the magnate’s financial engineering.
New Hope surges on buyback and teases more to come
Coal miner New Hope Corporation says it will buy back up to $100m of its own shares as they are trading below their true value, and has flagged the potential for more capital management.
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Uneven fight: Can this green banker win against Trump?
It’s the most uneven match up. Canada is betting it all on a former central banker with almost no political experience to take on Donald Trump’s tariffs.
High hopes for potentially ‘world class’ titanium project in SA
Petratherm shares rocketed more than tenfold after it discovered titanium near Coober Pedy last year. It’s now restarting drilling at the potentially “world class” project.
Inside the mission to pull Star casino back from the brink
Project Antares was the radical plan CEO Steve McCann had quietly been working on for months. It fell into place just as the casino was about to run out of cash.
Mecca’s tech men out-earning its female retail workers
Beauty giant Mecca’s C-suite pay gap favours women but lower wages for its hundreds of female retail workers, compared to higher paid men in its technology team, are an issue.
Will fixed income finally shine? It may depend on Donald
Recent years for bond investors ranged from average to terrible, and uncertainty continues, but alternatives are multiplying.
Harvey takes 6.7pc stake in PNG play
Mayur Resources is looking to soon break ground on a project in Papua New Guinea, after raising $100m in an expanded capital raising which brought on high-profile investors.
Stock market slump creates fresh opportunities for investors
Our share tips columnists have delivered their buy, hold and sell recommendations in a stock market battling a nasty downturn.
‘I really don’t like recessions’: NAB’s Alan Oster draws the line
The big four bank chief economist has analysed and probed every data point over nearly four decades. This is what he has discovered.
Why this CEO is bracing for Alfred’s aftermath
Cleanaway will have its work cut out in coming days and after being caught out in the last floods, this boss is not taking any chances.
The final piece falls into place for Virgin listing
Conditions are booming in aviation, but Virgin Australia is gambling it can still land its multi-billion dollar IPO later this year.
Original URL: https://www.themercury.com.au/business/victoria-business/page/3