Yesterday
Local REITs outpace broader market despite sagging asset valuations
Goodman Group was the standout performer in the 12 months to June 30, buoyed by rising demand from investors for exposure to data centres.
- Updated
- Kylar Loussikian
This Month
Solomon Lew’s surprise role model? Vegas mogul Sheldon Adelson
Like the colourful businessman, the billionaire rag trader won’t stop building his empire. And Myer, with a new chief, is finally playing ball.
- Updated
- Jemima Whyte
June
- Opinion
- Nuclear energy
My nuclear talk was cancelled. Here is what I would have said.
My presentation to Engineers Australia would have outlined why a nuclear-based energy system would cost consumers half as much with four times fewer emissions.
- Robert Parker
Hack wipes $140m from Melbourne mansion-owning crypto king
Michael Egorov, who spent $59 million purchasing two mansions in Hawthorn, said I “don’t really live in Australia”. His curve token plunged last week.
- Tom Richardson
- Updated
- Gaming & wagering
Former AFL boss Gillon McLachlan takes on ‘legacy brand’ Tabcorp
He arrives at the company in the midst of a painful transformation and after the departure of Adam Rytenskild, who was being investigated for offensive language.
- Updated
- Zoe Samios
May
Boomer ‘wave’ of outflows starts to hit super
Australia’s biggest retail superannuation funds are paying out billions more dollars in cash than they are bringing in as baby boomers reach retirement age.
- Updated
- Hannah Wootton
- Exclusive
- Defence
Questions surface over fast-tracked $10b warships
Shipbuilders have been given just three weeks to outline their opening pitch to build new frigates for the navy.
- Andrew Tillett
- Opinion
- Retail
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
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
- Exclusive
- Oil
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 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
- Opinion
- The AFR View
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
- Exclusive
- Luxury property
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
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
- Opinion
- Supermarkets
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
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
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
- Updated
- Governance
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
- Exclusive
- Sharemarket
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
