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.
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Patrick Hatch
Reporter for The Age
QBE announces $1b share buy-back
Insurance giant QBE has reported a 5 per cent jump in net profit in the year to December 31 and announced a $1 billion share buyback ahead of expected earnings growth.
Pink it and shrink it? Sports equipment catches up with women's success
"I didn't even realise that was such a problem for these young girls."
Qantas profit slides after 'unprecedented airfare' discounts
An influx of international competitors and softness in the domestic market has sent Qantas' profit down 7.5 per cent in the first half of the financial year.
Water fight declared as Coca-Cola Amatil under pressure on price
Competition in the increasingly-crowded bottled water market has forced Coca-Cola Amatil to cut the price of its packaged H20.
Blackmores crunched by changing path to China
Blackmores' shares shed as much as $13 of their value on Wednesday morning after the vitamins and supplements powerhouse revealed that shifting channels into the all-important Chinese market had crunched its sales and profit.
Coca-Cola Amatil to close plant, cut 180 jobs
Coca-Cola Amatil will close its manufacturing plant in South Australia, at a loss of about 180 jobs, and shift the work to Queensland as part of a $90 million reorganisation.
Airports to pick up Essendon traffic as investigation grounds flights
Melbourne Airport will help accommodate air traffic unable to land at Essendon Airport, which will remain closed while an investigation into Tuesday's fatal crash takes place.
Virgin Australia beefs up China connections with flights to Hong Kong
Virgin Australia has unveiled plans to fly direct to Hong Kong and mainland China and to codeshare with three Chinese carriers on international and domestic flights,
Lotto jackpot drought hits Tatts earnings
Australia's luck has run out — and that has left a large hole in the earnings of lotto and gambling group Tatts.
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