Business

Illustration John Shakespeare

The $US600 million happy ending for Ansell boss

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.

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

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

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.

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Tinkler banned from managing companies

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.