Today
- Opinion
- Chanticleer
From 400 red buses in Melbourne to $400m a year and a $4b payday
Bus company Kinetic is one of Australia’s unheralded success stories. In an industry full of family operators, no one has cracked it like Kinetic’s crew.
- Anthony Macdonald
May
- Opinion
- Electric vehicles
Why tariffs won’t stop China’s dominance in EVs
Chinese EVs are facing higher tariffs in Europe and the US, raising the likelihood of a broader trade war. Australia may be caught in the middle.
- Jennifer Hewett
Spending crunch spreads as Peter Warren Auto tumbles on profit warning
Shares in the second-largest car dealership group on the ASX crashed to a record low as it warned of a margin squeeze amid cost-of-living pressures.
- Simon Evans
Fifty cents for Qld trains, buses – but they’re still ‘old and slow’
The Queensland Labor government’s slashing of public transport costs has been welcomed, but an advocacy warned of major network issues failing passengers.
- James Hall
Victoria accuses Melbourne Airport of holding rail link ‘hostage’
The airport is run by major investors including the Future Fund, and has a different idea from the government of the transport needed from Melbourne’s CBD.
- Jenny Wiggins
- Opinion
- Infrastructure
There’s value in big government spending done right
The private-public partnership championed by Anthony Albanese that is transforming the supply chains is a role model for underwriting critical minerals expansion.
- Tony Boyd
Bonza administrators ask for more time to save stranded budget carrier
The airline’s owner, 777 Partners, and its financiers are mired in legal action in Britain and the United States over its aviation assets.
- Ayesha de Kretser
Tanarra pushes for change at Bapcor after $100m buy-up
Bapcor, which runs 1100 outlets selling car parts under the Autobarn, Autopro and Burson brands, is in Tanarra Capital’s sights.
- Simon Evans
Why Bonza failed and what it means for airline competition
This week on The Fin podcast, aviation reporter Ayesha de Kretser on the dramatic downfall of Bonza and whether it’s possible for another airline to ever thrive in this market.
Rich Lister down $160m as Eagers shares crash on profit warning
Australia’s biggest car dealership group warned of a June-half profit drop as household cost-of-living pressures rise.
- Simon Evans
Better slot access at Sydney might have saved Bonza, says regulator
The ACCC warns that regional travellers risk being left behind by the entrenched duopoly of Qantas and Virgin Australia.
- Ayesha de Kretser
Bapcor shuts big warehouses for two weeks to stop inventory blowout
The owner of Autobarn, Burson and Autopro has told car parts suppliers it won’t be taking any deliveries in late June at three large distribution centres in Victoria, Queensland and WA.
- Simon Evans
Labor’s big budget gamble, BHP’s defining week & where your payrise really went
This week on the Chanticleer podcast James & Anthony dissect the federal budget with a special guest, look at BHP’s titanic takeover battle and hash out the new battle over housing.
Qatar Airways returns with new push for more flights
Tourism industry and export market players have warned the government not to repeat the same mistakes, as the airline tries to expand, again.
- Ayesha de Kretser
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
Budget gives $1.7b boost for green aviation fuel but still no mandate
While the EU, Singapore and Japan have all signed on to sustainable fuel mandates, the Albanese government will study the idea for another two years.
- Ayesha de Kretser
- Updated
- Aviation
Liquidators say a ‘clearly’ broke Air Vanuatu owes at least $99m
The airline had “a significant level of debt”, and employed “a high number of staff for an operation of [its] size and nature”.
- Updated
- Ayesha de Kretser
Fiji Airways keen to keep Virgin Australia at bay
The Pacific’s biggest airline would consider a tilt at Air Vanuatu if its liabilities are limited to keep Virgin sidelined.
- Ayesha de Kretser
- Exclusive
- Aviation
Bonza hopes fade as VietJet walks from deal talks
The Vietnamese low-cost carrier confirmed it was out of the running as administrators prepare to ground the airline beyond their earlier midnight deadline.
- Updated
- Ayesha de Kretser
Tesla buyers using tax breaks bring spike in EV leasing
FleetPartners shares have climbed 48 per cent in six months and the CEO said 63 per cent of its novated lease customers in March bought an EV, taking advantage of a $3000 tax break.
- Simon Evans
