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CBD

Jessica Rudd puts Aussie steak on the barbie for China

BRISBANE, AUSTRALIA - JULY 27:  Jessica Rudd, the owner of Jessica's Suitcase an online business selling infant products ...

Move over Paul Hogan, shrimps are for wimps. Australia's biggest ASX-listed cattle group, Australian Agricultural Co (AACo), has recruited Jessica Rudd - daughter of our former PM Kevin Rudd - to help sell its branded beef strategy to China.

Sheikh's $91m loss shows money can't buy a Melbourne Cup win

Megan Gale with Sheikh Mohammed bin Rashid al Maktoum, who had another disappointing Cup campaign.

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.

Kerry keeps the spotlight at Seven with job and pay cuts

Kerry Stokes

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.

Rebel Wilson defamation payout 'manifestly excessive', says Bauer

Rebel Wilson at the Supreme Court following her defamation trial verdict in June.

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.

Kinghorn still sweet at Krispy Kreme

Illustration: John Shakespeare

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.

Ten's real life Survivor show in court

Network Ten chief executive Paul Anderson.

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.

Panama! New top corporate cop has rock star connections

Van Halen's flamboyant frontman David Lee Roth.

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.

Geldof gives Peter Costello some frank advice on super

Illustration: John Shakespeare

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.

Light Horse escapade for CBA boss Ian Narev

Commonwealth Bank CEO Ian Narev is off to Israel for a visit.

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.

Raising a bottle to Bellamy's frothy formula

Bellamy's shares have surged.

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.

No chickenfeed for Ingham's boss after $11.6m payday

Mick McMahon said sales had also been helped by relatively high red meat prices that meant more shoppers turned to chicken.

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.

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