Featured
Clive Palmer launches $300b claim against Australia
Billionaire Clive Palmer has enlisted former attorney-general Christian Porter to his legal team as he chases a massive damages payout from Australia under international trade laws.
- Brad Thompson
Rich Lister property developer dead at 47
Jonathan Hallinan, the developer behind Melbourne’s distinctive Shadow Play skyscraper, has died at 47 after a battle with cancer.
- Michael Bailey
Rich Lister among Tribe Brewing creditors owed $61m
Creditors include four entities in billionaire Anthony Pratt’s Visy Group, and the founder of Kathmandu outdoor clothing, Jan Cameron.
- Simon Evans
Clive Palmer: I paid $19.5m Medicare levy for no bed
Billionaire Clive Palmer says he is paying bucket loads of tax after pocketing hundreds of millions of dollars in dividends from Mineralogy.
- Brad Thompson
Virtual Gaming Worlds launches $251m buyback, no sign of IPO
The liquidity opportunity for the unlisted company’s investors comes in the wake of VGW’s first regulatory challenge in its prime US market.
- Michael Bailey
The 2022 List
Featured
Billionaire Bruce Gordon taps pub boom with Scarborough offering
The Illawarra offering comes amid a boom in pub transactions across the country, an asset class which has surged in popularity as the nation emerged from two years of rolling pandemic lockdowns.
- Nick Lenaghan
This billionaire says the key to selling products is simple
Imelda Roche, one of 19 billionaires on the 2023 Financial Review Rich Women List, was at the vanguard of getting women into the workforce.
- Lauren Sams
Why Jack Cowin welcomes Wendy’s bunfight
The Hungry Jack’s founder is unfazed by US burger chain Wendy’s foray into Australia – he saw exactly what happened the last time it tried to expand Down Under.
- Michael Bailey
Blackmores boss says the ‘smart shopper’ is on the rise
The vitamins group’s shares slumped on flat profits as consumers hunted down the cheapest price amid tough cost pressures.
- Simon Evans
- Exclusive
- Rich Listers
Happy Feet creator dances on to Rich List after Netflix deal
Zareh Nalbandian was paid more than $700 million when he sold his Animal Logic animation studio to Netflix last November, an analysis of the streamer’s accounts reveals.
- Michael Bailey
February
How to avoid a Rinehart-style family trust dispute
It is critical that members of a family trust know what is to happen to trust assets if any of the key people die.
- Peter Townsend
The electric-vehicle retail strategy that’s proving a winner
A new Polestar outlet in a Melbourne shopping centre generated the most foot traffic among the group’s similar 100-plus outlets around the world in January.
- Simon Evans
January
James Packer, Lloyd Williams lead tributes to David Hains
Hains, who died on Sunday morning aged 92, has been remembered by his family and fellow Rich Listers for both his self-made business success, and personal warmth.
- Michael Bailey and James Thomson
Ellison says MinRes takeover offer for Norwest is “no brainer”
Chris Ellison’s Mineral Resources is talking up its takeover bid for Norwest Energy as Gina Rinehart continues to slug it out with Strike Energy in the battle for Warrego.
- Brad Thompson
Resources boom is great for Rinehart (and one high-school dropout)
The nation’s miners, including Chris Ellison, enter the new year building on their huge fortunes, while its top tech entrepreneurs are nursing eye-watering losses.
- Julie-anne Sprague and Michael Bailey
How to lose $2.1 trillion in a year: 12 bad months for billionaires
The world’s richest people lost $2.1 trillion between them last year. The Australian losers included Melanie Perkins and Mike Cannon-Brookes
- Devon Pendleton
December 2022
Ten top AFR Magazine reads in 2022
This year, writers went behind the scenes and analysed the big themes that defined Australia’s year in business and beyond.
Rinehart loses latest round in royalties fight
A high-stakes trial involving two billionaires and royalties from Rio Tinto iron ore mines is set to go ahead.
- Brad Thompson
Billionaires at the energy crossroads
The differences between Andrew Forrest and Gina Rinehart on energy shine a light on the dilemma facing a nation blessed with oil, gas, and the sun and winds needed for renewables.
- Brad Thompson
Rich Lister Magid sells $80m Manly Wharf
The Manly offering is part of family succession planning and follows Robert Magid’s sale of the Harbour Rocks Hotel in Sydney and the Hotel Lindrum in Melbourne.
- Nick Lenaghan
- Exclusive
- Retail
Oroton swings back to black in 2022
The leather good and fashion retailer posted strong double-digit sales growth over the year, but is bracing for a slowdown in 2023.
- Carrie LaFrenz
November 2022
Rinehart’s Hancock Prospecting records $5.8b profit
Gina Rinehart’s Hancock Prospecting has outlined growth plans in energy, agriculture and so-called green minerals after posting a $5.8 billion profit driven by iron ore mining.
- Brad Thompson
Rinehart reaps $2.3b dividend from Roy Hill
Hancock Prospecting’s flagship Roy Hill mine delivers a $3.3 billion dividend despite weaker iron ore prices.
- Brad Thompson
Rinehart’s Atlas Iron keeps up IR attack as it delivers $225m dividend
The company has maintained the rage over the Labor government’s industrial relations changes while handing down a huge return for billionaire Gina Rinehart.
- Brad Thompson
Rinehart warns of ‘heat or eat’ choices as energy costs surge
Australia’s richest person has warned the nation’s pensioners and others on low incomes will be forced to make difficult decisions as electricity costs rise.
- Brad Thompson
McGowan taps mining giants for $1b ‘community fund’
WA premier Mark McGowan has secured donations resource companies, including Gina Rinehart’s Hancock Prospecting, to help pay for a new Aboriginal cultural centre in Perth.
- Brad Thompson
Back to the drawing board for Macquarie (and Chanticleer)
Gold Trip wins, followed by Emissary and High Emocean; Not a good day for Macquarie’s quants or Chanticleer; polar blast and hail didn’t deter the punters (and the politicians). See how the race unfolded here.
- Updated
- Andrew Hobbs and James Thomson
October 2022
Young Rich List wealth takes $11b hit after tech plunge
The total valuation of Australia’s 100 richest people aged 40 and under is diminished, but you still need $35 million to get on the list.
- Updated
- Julie-anne Sprague and Michael Bailey
CEO of Vegemite owner Bega exits after six years
Bega Cheese, which owns Vegemite, Dairy Farmers and Big M milk, says costs have jumped by $400 million as farmgate milk prices rise.
- Simon Evans
The Young Rich Listers betting you’ll spend 4 times as much on toothpaste
They made their initial fortune selling teeth whitening kits. Now, these Young Rich Listers are planning to take on global giant Colgate at their own game: toothpaste.
- Julie-anne Sprague
