'Enough is enough': Lew threatens EGM for Myer board seats

• UPDATED

Solomon Lew has threatened to call an extraordinary general meeting to get two seats on Myer's board, after the under-siege department rebuffed his request earlier this month.

Myer chairman says 500,000 shares shows 'conviction'

Myer's incoming chairman has doubled down in support of the under-siege department store's turnaround strategy and board, saying his own investment of half a million shares proves his conviction that the company is on the right track.

Sydney Airport flights grounded by air traffic control outage

An outage at Sydney Airport air traffic control has grounded flights in and out of the country's largest airport.

What business really wants from your loyalty card

The promise of a free lunch can be mightily alluring.

Virgin chief's pay takes off after getting cash under control

Virgin Australia chief executive John Borghetti has been handed a multimillion dollar pay rise in return for making the airline cash flow positive for the first time in five years.

Wesfarmers' Richard Goyder bows out $100 million richer

Wesfarmers boss Richard Goyder is going out on a high, taking home a record $12 million packet in his final year in the retail conglomerate's top job.

Coles pay deal to wait for tribunal ruling on cheaper agreement

Coles will not put a new wage deal agreed on with the shop workers' union to a staff vote until the workplace tribunal decides whether to throw out its existing deal that pays lower penalty rates.

Auckland Airport fuel shortage delays Australian travellers

Airlines are cancelling and redirecting flights between Australia and New Zealand's biggest city because of a fuel shortage that is crippling Auckland Airport.

Myer's share price hits an all-time low

Myer investors have punished the department store and pushed its share price to an all-time low.