Business

CBD

Illustration: John Shakespeare

The new strategy from Bellamy's Australia boss

It says plenty about the mess at organic formula vendor, Bellamy's Australia, that almost half the cash raised from its $60.4 million entitlement offer will be used to pay off its partner Fonterra.

So many lawsuits, so little money

Illustration John Shakespeare

Andrew Grech's troubled law firm Slater and Gordon announced on Thursday it is facing yet another lawsuit from disgruntled investors.

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.

Executive Style

Small Business

'We never got close to making the GST threshold'

Running a bed and breakfast didn't turn out to be as lucrative for this reader.

The Goods and Services Tax has been a part of the Australian business landscape for almost 17 years now. There have been some changes over that time, such as the increase in the income threshold requiring compulsory GST registration up to $75,000, but in many ways the GST system is largely unchanged.