The Son King. The Murdoch’s poisoned chalice of hard fought succession
Lachlan Murdoch won the battle to follow in his father’s footsteps and obtain control over News Corp, a media conglomerate in decline. Is he up for it? David Tyler asks.…
D-Day for Liberal climate policy after marathon meeting
The Liberals are preparing to unveil their new climate change and energy policy after a marathon meeting of MPs and senators in the nation’s capital. The party’s shadow cabinet will…
Signs labour market outlook gloomier than RBA thinks
Economists and the Reserve Bank predict the unemployment rate to edge lower, but worrying signs suggest the jobs market could weaken down the track. After a shock jump in joblessness…
Worker shortages dampen surge in green energy, housing
Public investment in green energy and social housing has surged but worker shortages and sluggish productivity growth are holding projects back. Tens of billions of dollars were added to Australia’s…
Bounce in US travel keeps Flight Centre looking up
Australians prioritising short-haul travel has impacted Flight Centre profits but optimism persists that rebounding interest in Asia and the US is just around the corner. The 2024/25 financial year may…
Menulog off: food delivery service to cease operations
After 20 years delivering meals and ad campaigns with Snoop Dogg and Katy Perry, somebody said Menulog would close its Australian operations. The popular food-delivery service will stop trading on…
Optus reports improved customer base prior to outages
It has been the most scrutinised company in Australia in recent months but Optus has continued to gain customers and grow earnings. Leaders at the besieged Telco have made grovelling…
New docs and old. Corporate governance nightmare engulfs Royal Australasian College of Physicians
Lavish spending, a board-room brawl, bullying allegations and a court stoush, a suite of EGMs and doctored documents have the Royal Australasian College of Physicians in crisis. Michael West investigates.…
Australia ordered to pay Russia for embassy takeover
Australia can reclaim a proposed Russian embassy site but will need to compensate the authoritarian state for the forceful takeover. The High Court ruled as valid federal laws passed to…
Big four banks slammed for profiting from fossil fuels
ANZ and Westpac are streaking ahead of the other big banks as go-to financiers for fossil fuel companies, a report has found. More than 70 per cent of fossil fuel…