Business

CBD

'Pompous old farts' get better of Fletcher chief

Illustration: John Shakespeare

There has been carnage across the ditch where New Zealand's biggest construction group, Fletcher Building, announced its second profit downgrade in a matter of months despite the country experiencing a building boom.

Harvey wins as Tinkler's horse empire sold

Illustration: John Shakespeare

The last patch of Nathan Tinkler's thoroughbred racing empire has now been sold, but it is not clear whether there will be any beneficiaries other than retail billionaire Gerry Harvey.

Rich lister and bogan in war of words

An artist's impression of plans for the corner of Victoria Parade and Wellington Street, Collingwood, proposed by ...

Collingwood, in Melbourne's inner north, does not scream glamour, so it's little wonder that you will find a self-proclamed "bogan" in a stoush with a rich-lister.

Foot stamping franchises in Fels freak-out

Illustration: John Shakespeare.

There's more news of the outer workings of the Franchise Council of Australia and we suggest this is best enjoyed with some mysterious dark music playing in the background.

Cowin loses $600m of dough at Domino's Pizza

Illustration: John Shakespeare

Jack Cowin's extra large slice of Domino's Pizza got cold pretty quickly after peaking at a value of $1.336 billion in August last year. It has now chomped through $600 million of his wealth since the peak.

If it walks like a bank, it is probably Macquarie

Macquarie's chief executive Nicholas Moore said the bank had $72.2 billion on its platform as at March 31, an increase ...

Macquarie argues it is too small to be hit with the bank levy – ignoring the fact that no bank has profited more from government support that the bank dubbed the vampire kangaroo by the UK press.

Executive Style

Small Business