Business
Companies
Smiggle, Peter Alexander slated to become standalone companies in 2025
The popular stationery and sleepwear brands are set to be spun out of Premier Investment’s stable of brands next year.
- by Jessica Yun
Latest
Updated
Casinos
Win for Crown Resorts as its Melbourne casino keeps state licence
The Victorian gambling regulator said on Tuesday that it was in the public interest for Crown to keep its Melbourne casino licence.
- by Amelia McGuire and Broede Carmody
Boeing CEO to step down in wake of ongoing safety problems
Boeing CEO David Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America’s most storied manufacturers.
Billionaire Bruce Gordon gets a record $70m for Wollongong development site
The Bermuda-based media veteran has sold his WIN Grand development site in Wollongong to premium development company Level 33 for a record $70 million.
- by Carolyn Cummins
Ad legend John Singleton sells former Paddington headquarters for $30m
John Singleton has sold his former head office in Sydney’s trendy Paddington to Annie Cannon-Brookes, the estranged wife of Mike Cannon-Brookes, the billionaire co-founder of tech giant Atlassian.
- by Carolyn Cummins
Opinion
Casinos
Casino regulator turns predator with The Star on its menu
The once sleepy NSW casino regulator has transformed itself into a compliance head kicker, with its target, the financially battered Star, once again thrown into chaos.
- by Elizabeth Knight
Opinion
Wall Street
Donald Trump has $4.6 billion worth of shares that he can’t sell
Trump’s media merger finally got the green light, seemingly solving his financial woes. But it’s not as simple as that.
- by Stephen Bartholomeusz
Second probe into embattled Star Sydney will be open to public
Adam Bell, SC, who is conducting the inquiry, has deemed the next round of public hearings starting in mid-April to be “in the public interest”.
- by Amelia McGuire
Updated
Mergers & acquisitions
‘I’m here for life’: John McGrath to stay despite proposed sale
Sydney real estate operator John McGrath is in talks to sell his listed agency to Knight Frank and Bayleys.
- by Carolyn Cummins
Updated
Mergers & acquisitions
Macquarie denies it is eyeing a stake in Heathrow Airport
Macquarie Group has denied it is considering buying a stake in Heathrow Airport after it was reported the company was weighing the purchase of a multibillion-pound slice of the asset.
Ivanhoe law office at heart of $100m Ponzi scheme for sale
The office where deceased lawyer John Adams defrauded a slew of investors is up for auction.
- by Nicole Lindsay