Channel Ten's guarantors:  Lachlan Murdoch, Bruce Gordon, James Packer.

Billionaires walk from backing Ten loan

Lachlan Murdoch, Bruce Gordon and James Packer will not back a new $250 million loan for Network Ten following negotiations with the struggling free-to-air broadcaster.

Clean Energy Target a 'tax on coal'

Tony Abbott has ridiculed the Finkel review's recommendation of a Clean Energy Target (CET) as a 'magic pudding' and effectively 'a tax on c...