Downer dives 21pc after raising falls short

• Jenny Wiggins, John Kehoe and Simon Evans

Downer's shares tumbled to a five-month low when trading resumed for the first time since its $1.2b bid for Spotless.

Peter Gregg to face trial in November

• Carrie LaFrenz

Mr Gregg – who has denied any breach of civil or criminal law – resigned in January as chief executive of the $1.8 billion healthcare giant.

Hedge fund emerged after Downer Spotless bid

• Jenny Wiggins and Simon Evans

The Coltrane Master Fund, which lists its address as Grand Cayman, is now Spotless' second-biggest shareholder.

Ups and Downers of underwriting the big trades

• street talk
• Sarah Thompson, Anthony Macdonald and Joyce Moullakis

Fresh from the high of securing sole underwriting rights to Downer $1.011 billion rights issue - an $18.5 million job on the equity raising alone - there's bound to be some lows.

Negative gearing shift to 'destroy confidence'

• Simon Evans

Brickworks boss Lindsay Partridge warns that changes in negative gearing or CGT will trigger a "fast fall" in the housing market.

Downer shortfall auction fails to fly, red Friday pending

• street talk
• Edited by Sarah Thompson, Anthony Macdonald and Joyce Moullakis

Fund managers that did not follow their money into Downer's $1.011 billion equity raising are expected to receive nothing for their rights.

First cut is deep for Downer

• street talk
• Edited by Sarah Thompson, Anthony Macdonald and Joyce Moullakis

The hard work has only just begun for Downer boss Grant Fenn.

Downer CEO Fenn ditches conventional wisdom

• Jenny Wiggins

Grant Fenn has always been a "risk taker" – albeit one who checks numbers carefully.