Presto closure a victory for Fairfax and Nine
The value of being first or second in an Australian market has been highlighted once again.
-
James Thomson
James Thomson is The Australian Financial Review's Companies & Markets Editor and a former BRW Editor, based in our Melbourne newsroom.
Qantas' Alan Joyce scores $1 million pay rise
Qantas chief executive Alan Joyce has been richly rewarded for turning the airline's fortunes around.
Flight Centre sees tough 2017
Flight Centre has warned that an on-going airfare war in Australia will weigh on its 2017 results.
ASX posts 7pc rise in net profit
Market operator ASX Ltd has posted a 5.7 per cent rise in full-year underlying net profit to $426 million, in line with analyst forecasts.
Brambles CEO retires, profit in line with guidance
Brambles chief executive Tom Gorman has announced his retirement and will be replaced by packaging executive Graham Chipchase in March next year.
Tabcorp buys gaming systems group for $128m
Tabcorp will "strengthen its gaming services division" with the $128 million acquisition of ASX-listed gaming technology group INTECQ.
BHP to slash coal costs by $800m
BHP Billiton will slash coal costs by $US600 million by mid-2017 and could sell more parts of its coal portfolio,
Crown to split off international casino business
James Packer's Crown Resorts will split its international business off from its Australian operations
Virgin Australia to raise $852m
Virgin Australia will raise $852 million and slash costs as part of a new plan to improve its capital position. Virgin's shares fell 12pc in early trading.
Virgin Australia to raise $852m
Virgin Australia will raise $852 million and slash costs as part of a new plan to improve its capital position. Virgin's shares fell 12pc in early trading.
Search pagination