![John Neal's bonus was cut by $550,000 after not informing the company's board of his relationship with his executive ...](/web/20170227083932im_/http://www.smh.com.au/content/dam/images/g/u/l/x/m/3/image.related.landscape.460x307.gulxq8.png/1488179485929.jpg)
QBE chief hit with $550k pay cut after relationship with secretary
Insurance giant QBE's chief executive, John Neal, has suffered a $550,000 cut to his bonus for not disclosing a romantic relationship with his executive assistant.
Elizabeth Knight comments on companies, markets and the economy.
Insurance giant QBE's chief executive, John Neal, has suffered a $550,000 cut to his bonus for not disclosing a romantic relationship with his executive assistant.
As Woolworths celebrated the early signs of improvement in supermarket sales attention turned to the real elephant in the aisle - the ugly loss notched up by Big W and the continued bleeding of its sales.
BHP Billiton's shareholder austerity push appears to be over and investors will be positively surprised.
Fairfax has become quite adept at starting new businesses, or buying small ones then nourishing them to maturity.
He's a former Olympic silver medallist in rowing, an accomplished, successful and understated man who has tasted most parts of the Wesfarmers empire.
The JB Hi Fi stellar profit performance is testament to the fact in a difficult depressed environment strong well managed companies can grow by capitalising on the weakness of others.
What is the Murdoch family doing about investor frustration resulting from the fact that News Corp shares have fallen 20 per cent?
Rio Tinto shareholders will be the major beneficiaries of the company's parsimonious approach to capital expenditure.
Premier Investments' share price needed a shot of adrenalin, and on Wednesday morning an earnings update provided the required medicine.
Official retail sales statistics for the all-important pre-Christmas period fell significantly short of expectations, not because Aussies bought fewer items but because we paid less for them.
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