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    Corrections

    Yesterday

    Myer executive chair and CEO Olivia Wirth.

    Why Olivia Wirth’s top Myer role is a governance fail

    Myer’s decision to appoint Olivia Wirth as executive chair and CEO has stunned corporate governance experts but has the full support of Solomon Lew.

    • Sue Mitchell

    This Month

    777’s Josh Wander last year. The situations has dramatically worsened for the private equity group.

    PE firm behind Bonza, Melbourne Victory calls in insolvency experts

    The private equity firm called in advisers overnight to assist with “operational challenges”. It is a major shareholder in the A-League club and budget airline.

    • Updated
    • Ayesha de Kretser
    Shell is one of the world’s largest oil and gas producers.

    Shell sues ATO over claim it was short-changed $99m in CGT bill

    The ATO believes the company should have declared capital gains $330 million higher than first reported for its exit from the old Woodside Petroleum.

    • Lucas Baird
    Anglo American has coking coal mines in Queensland’s Moranbah North and Grosvenor.

    Anglo American to sell Queensland coal in big shrink, spurning BHP

    Anglo American will sell or shut everything except its copper, iron ore and potash mines as part of a strategy to dodge BHP’s advances.

    • Updated
    • Peter Ker and Elouise Fowler

    April

     The Fair Work Ombudsman that Labor supposedly tasked with policing bad behaviour in the building industry has dropped 30 per cent of the 41 cases of alleged construction union lawbreaking it inherited.

    Labor green lights toxic bully-boys of the CFMEU

    The political protection racket the modern ALP is running for the toxic behaviour of the CFMEU, which would be condemned in any other setting, is disgraceful.

    • The AFR View
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    The 296 sqm penthouse at Macleay Street in Potts Point.

    Gutted penthouse in coveted Sydney block goes on sale for $10m

    The unrenovated property in Potts Point’s landmark Manar building has DA-approved plans, while a lavish Paddington home inspired by Versailles is on sale again.

    • Bonnie Campbell

    Can the NRL’s worst team finally turn itself around?

    To say the Wests Tigers have underperformed over the past two decades would be an understatement. Shane Richardson has a plan to change the team’s fortunes.

    • Updated
    • Zoe Samios
    The embattled Star Sydney is about to face another round of public hearings.

    Star reveals more losses as it braces for public hearings

    Star told investors it was losing large sums of money from customers visiting VIP areas, where trading is down.

    • Updated
    • Zoe Samios
    The imminent announcement of the supermarkets’ third-quarter results will focus on political pressure as much as sales figures.

    Political brawls sweep the supermarket aisles

    Supermarkets are once again an appealing target for politicians wanting to demonstrate their good intentions on helping consumers with cost-of-living pressures.

    • Updated
    • Jennifer Hewett
    General Manager Costa Tsiolkas at Redbank Power Station in Warkworth, NSW.

    Can one of our dirtiest coal plants reap a green bonanza?

    Verdant Earth has lofty ambitions to turn the moribund Redbank into a major clean energy precinct using biomass. Environmentalists are still unhappy.

    • Ben Potter
    Taylor Auerbach outside the Federal Court in Sydney on Friday.

    Seven paid for Lehrmann’s story. Now it is the story

    The television network’s pursuit of an interview with the accused rapist has put its tactics on trial.

    • Aaron Patrick
    Pauline Vamos says company chairs overstaying their welcome is styming diversity on boards.

    Age, diversity on company boards plummets, gender stalls

    There are more directors with an Anglo-Celtic background than seven years ago on the ASX 300, a new survey has found, and the average age of a director is creeping upwards.

    • Hannah Wootton

    March

    Damage inflicted on a manganese loading wharf after bulk carrier MV Anikitos crashed into it during Cyclone Megan on Groote Eylandt.

    South32 scraps manganese guidance, Groote Eylandt faces power crisis

    The future of one of the Northern Territory’s most valuable mining project is in doubt after Cyclone Megan ripped through it and threatened a power crisis.

    • Updated
    • Tom Richardson
    BHP’s Nickel West operation in WA.

    BHP cuts contractors at Kalgoorlie nickel smelter

    The miner has stood down contractors on the Kalgoorlie nickel smelter and withdrawn plans to house 1000 workers in the regional city as staff wait to hear whether the 51-year-old asset will be mothballed.

    • Peter Ker and Brad Thompson
    Laurence Escalante built Virtual Gaming Worlds from the ground up. Its success has underpinned his near $4 billion fortune.

    Laurence Escalante is living large off controversial gambling billions

    At 42, he is one of the country’s youngest billionaires. But Virtual Gaming Worlds investors hoping for a big payday are increasingly concerned it may not come.

    • Updated
    • Primrose Riordan and Zoe Samios
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    Cettire shares fell sharply last week but on Tuesday after it flagged a new pricing model.

    Cettire overhauls duties and returns policy to allay wary investors

    The company will no longer disclose what customs charges are owed on goods at its online luxury marketplace, and has streamlined other customer features.

    • Carrie LaFrenz and Jonathan Shapiro
    Artist’s impression of the Australian Education City in East Werribee, near Melbourne.

    Mystery lender chases ex-PwC staffer for $30m debt from failed project

    Bill Zheng and his Investors Direct Financial group were part of a consortium that proposed to develop the $30 billion Australian Education City near Melbourne.

    • Lucas Baird
    Arafura Resources is aiming to have its Nolans rare earths project in  production before the end of 2025.

    Rinehart-backed Arafura gets $840m in taxpayer aid for NT project

    An $840 million package of loans and grants is the Albanese government’s biggest deployment of taxpayer funds to the struggling rare earths industry.

    • Jacob Greber and Peter Ker
    No new wind turbines were built in the last year.

    Investment in renewable energy slumps 80pc as 2030 target fades

    The peak body for the renewables industry said the low level of commitments to new projects last year was due to grid bottlenecks and slow planning approvals.

    • Updated
    • Angela Macdonald-Smith

    How Australia can get on with the job of tax reform

    A real estate agent would describe our tax systems as ‘a renovator’s delight’.

    • Paul Tilley