Business

CBD

Wal King reclaims an ASX throne at coal miner Terracom

Illustration: John Shakespeare

CBD was shocked to hear that former Leighton boss Wal King still has a coveted ASX chairman's crown, and will get to test his appeal with investors in Brisbane this Thursday when Terracom shareholders get to elect him to the board for the first time.

Gina dances to her own beat

Mingling: Gina Rinehart and Anthony Pratt at mining's Gala Dinner.

Gina Rinehart wasn't going to let the Barnaby Joyce fallout from her National Agricultural Day rain out the party for her National Mining and Related Industries Day.

Meet the men who made $800m on Monday

Illustration: John Shakespeare

If the banks looked away from their building pile of reputational rubble for a minute they'd have noted no doubt financial planning outfit Netwealth's spectacular debut on the ASX.

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.

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