Business

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The $US600 million happy ending for Ansell boss

Illustration John Shakespeare

Ansell has finally parted ways with its condoms business for the princely sum of $US600 million after the boss, Magnus Nicolin, decided that condoms are not a good fit with the rest of its business.

No 'gun to their heads': Fahour defends his pay

Ahmed Fahour wants to know why people are picking on his salary when other CEOs are acting worse.

While his Australia Post underlings faced a grilling in Canberra by the Senate estimates committee, the departing boss, Ahmed Fahour, was fronting a far friendlier business audience in Sydney to defend his pay packet and legacy.

Tinkler banned from managing companies

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The corporate watchdog said the bankrupt former billionaire and two of his associates failed in their duties as directors of companies that included his thoroughbred racing empire and A-League football club, the Newcastle Jets.

Fairfax sale plot Thickins at TPG

Illustration: John Shakespeare.

Subplots and twists in takeover story now playing out in public at the select committee on the future of public interest journalism.

Investors not coffin up for corporate afterlife

Illustration: John Shakespeare

Australia's biggest funeral services provider, Invocare, is in the business of taking care of the business of the "departed", and it is good to see its board is taking this vocation seriously.

Telstra puts squeeze on mobile queen

Maxine Horne, boss of  telecommunications firm Vita Group and wealthiest female company executive.

Maxine Horne is still Australia's richest female executive, but Telstra boss Andy Penn is ensuring she will occupy a much lower rung on the rich list this year.

Atlassian's Cannon-Brookes lays claim to a bitcoin windfall

Mike Cannon-Brookes confirmed he had taken a "bet" on bitcoin that has paid off handsomely.

While the billionaire co-founder of Atlassian, Scott Farquhar, was making headlines with the purchase of of Australia's most expensive house, his business partner, Mike Cannon-Brookes, found something to crow about in another tech punt that has apparently proved a winner.

Billionaires might end up with Ten by Christmas

The Ten Network's mogul backers will be delighted with the media reforms.

Billionaires Lachlan Murdoch, James Packer and Bruce Gordon might end up with complete control of the Ten Network by Christmas if Malcolm Turnbull does not slash TV licence fees in the upcoming Budget.

Deborah Thomas quits CEO role at Dreamworld owner Ardent

Speaking to the media after Ardent Leisure's AGM on 27th October 2016.

Deborah Thomas has announced she will stand down as chief executive of Dreamworld owner, Ardent Leisure, just two years after she took the job and six months after the tragedy which claimed the lives of four people at the Gold Coast theme park.

No news is good news for Ten news... for now

Illustration: John Shakespeare

As Network Ten braces for the announcement of a significant financial loss on Thursday, the rumour mill has it that the billionaire-laden Network Ten will try and save money by cutting costs and staff in its News department.

John Gandel builds a Lego empire

Illustration: John Shakespeare

Long before a man-sized lego man burst through the brick wall it was clear this event was no normal property world ribbon cut.

Executive Style