Business

CBD

Illustration: John Shakespeare.

Macquarie's Renaissance man Nic Moore cooks up a treat for investors

When the Medici family, who invented modern banking, wanted to intimidate rivals they did it with food. Sumptuous banquets that displayed their wealth and power. Nic Moore's Macquarie Group might have been taking a leaf out of the Medici book at Thursday's shareholder meeting.

180 jobs lost as Rowsthorn's salvaged business collapses

End of a fairytale: McAleese chief Mark Rowsthorn had hoped to restore most of the transport group from administration.

Melbourne businessman, Mark Rowsthorn, salvaged most of the McAleese Group from administration in February. But 180 staff are about to lose their jobs after one of the businesses in the rescued group, Australian Road Express (ARX), gets wound up by receivers.

'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.

Executive Style

Small Business

Do you work from home when sick?

The problem is when staff who should be in bed blur their sick day with a work day, prolonging their illness.

It's another way for companies to squeeze out more productivity, or staff to demonstrate commitment and hang on to their job.