Dreamworld is over after Ardent Leisure boss walks away from $1m share bonus
Dreamworld's owner faces a new nightmare with CEO Simon Kelly walking the plank with immediate effect less than five months after he started.
Dreamworld's owner faces a new nightmare with CEO Simon Kelly walking the plank with immediate effect less than five months after he started.
And all those mug punters tearing up their tickets in tears after the big race should spare a thought for the ultimate Cup tragic, Sheikh Mohammed bin Rashid Al Maktoum. His racing operation, Godolphin reported a loss of more than $91 million last year.
The House of Murdoch would have felt the tremors as Rupert's key supporter, billionaire investor Prince al-Waleed bin Talal was arrested over the weekend.
The only person in Australia welcoming the notoriety of Lottland's ad blitz this week would have to be online bookie Tom Waterhouse who must be thanking his lucky stars he is no longer the industry pariah.
Gina Rinehart's private company doubled its net profit to more than $1.07 billion and unleashed a cash bonanza for its owners with a $767 million dividend.
Seven West chairman Kerry Stokes consigned the Amber Harrison affair to footnote at the broadcaster's annual shareholder meeting on Thursday. "Your company acted professionally and appropriately in the handling of a matter involving a former employee," Stokes told investors.
News of Domino's pay bill rising by tens of millions a year came a bit late to the ASX, but it was certainly sizzling hot for chairman Jack Cowin whose stake lost $70m.
Millions of pages of glossy print is being churned out from Bauer Media, but its year will be defined by five black and white pages that have been delivered to Victoria's Court of Appeal. The fives pages represent Bauer's application for leave to appeal the record $4.56 million defamation payout against Aussie actor, Rebel Melanie Elizabeth Wilson.
CBD thought it was worth checking up on the accounts of another company John Kinghorn has his fingers in over the past decade, Krispy Kreme Australia. The good news is that Kinghorn is still making good money from junk food with the doughnut business reporting a net profit after tax of $8.27 million on sales of $88.2 million.
We hear that one of Seven's digital channels scored a higher audience on Saturday night than Ten's main channel. So you can understand why Ten boss, Paul Anderson, is juggling like crazy while the NSW Supreme Court decides the future of the rescue deal from US media giant, CBS.
It is not a great time for former Rio boss Tom Albanese to be headlining the Sydney Mining Club's gala dinner November 22.
James Packer fended off a massive vote against Crown Resorts remuneration report. It is a feat he will not be able to repeat next year.
A maverick shareholder, dressed in priests' robes and wooden cross, asked the assembled Fletcher investors to vote for absolution or exorcism for the board's corporate soul after the latest embarrassing downgrade.
Ruslan Kogan and his side-kick David Shafer offloaded a pallet-load of stock before Christmas. Again.
Nobody does the public confessional quite like billionaire, James Packer.
You know the big banks are on the nose when a disgraced pay day lender feels it has the moral authority to castigate the oligopoly.
Myer has assured CBD it is not looking at gambling as a new revenue source as it prepares for a high-pressure investor briefing one week before the Cup.
The US securities regulator proposes to claw back some of the alleged "ill-gotten gains" from former Rio Tinto boss, Tom Albanese. And there are certainly a lot of gains for it to target.
The story goes that ASIC chairman, Greg Medcraft, was about to hand in his badge as Australia's top corporate cop in April last year – with just one week left in office – when he heard his tenure was being extended another 18 months.
In these financially uncertain times, who would you turn to? That's right, rock legend Sir Bob Geldoff, who headlined the Association of Financial Advisers (AFA) National Adviser Conference on the Gold Coast over the weekend.
We don't see Commonwealth Bank boss, Ian Narev, as the sort of person to sit back and ride out his final months in charge of our biggest bank - even as his chairwoman Catherine Livingstone rampages like a financial wrecking ball through his money making machinery.
Sometimes the market can just smell something. Sometimes it's the hint of off milk wafting into the noses of brokers; other times it's surging demand for vitamin-rich infant formula that tickles nasal nerves.
What possessed Myer chairman Paul McClintock to tempt fate by announcing in September that he won't be stepping down before next months shareholder meeting - as he promised at last year's AGM.
As the Mick McMahon-led Ingham's Group prepares for its first anniversary as a listed stock, he can at least breathe a sigh of relief over the fact that the chook stock has flown comfortably above its $3.15 IPO price.
Something magical happened to the pay packet of Trevor Croker, the new CEO of poker machine maker, Aristocrat Leisure, when he moved to the US. It more than doubled.
Ahmed Fahour turns 51 this month, and is obviously not ready to be put out to pasture just yet. Barely months after leaving his well-remunerated CEO position at Australia Post, Fahour has found himself another executive role.
Have you ever wondered what would happen if News Corp terminated the employment of its founder, 86-year-old Rupert Murdoch, "for cause"?
Westpac, ANZ, American Express and an AFL footballer – this case, which came across our desk just the other day, certainly entangles some interesting folk.
The retirement of Commonwealth Bank's New Zealand CEO, Barbara Chapman, only highlights the unseemly volume of talent turnover at the scandal prone bank.
When Dr Jerry Schwartz discovered a massive model of a heart in a Darling Harbour parking lot that he had just purchased, he knew it was an omen for his most expensive real estate deal to date
It's not every day you get to go shopping with a super hero.
The controversial sock rule has been overturned, and stylish gents were quick to bare all.
Developing apps can take you global.
Gillian Franklin grew the Heat Group from five employees in a cafe to 140 staff and $130 million turnover.
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