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James Packer
Renaissance men: Packer enlists Hamish Douglass to help spend his billions
This is James Packer’s chance at investment renaissance - a fresh slate, a full wallet and a new inner sanctum of close advisers including Australia’s highest profile and (now) former fund manager Hamish Douglass.
- by Elizabeth Knight
Latest
Carsales to raise $1.2b for takeover of US truck, RV group
Carsales.com, Australia’s largest vehicle marketplace, will acquire Trader Interactive for $1.7 billion.
- by Angus Dalton
Metcash shares leap as shop local trend pays off
The IGA operator hiked its dividend and announced plans to invest in a new Victorian distribution centre after posting strong earnings growth across grocery, liquor and hardware.
- by Emma Koehn
ABC staying put in Ultimo as Rowland eyes broadcasting review
Communications Minister Michelle Rowland won’t be asking the ABC to relocate as she prepares to take a feasibility study on relocating SBS to cabinet.
- by Zoe Samios
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Media & marketing
‘Level up’: The Daily Aus plots UK expansion after $1.2m capital raise
Former Nine boss David Gyngell and executives from tech unicorn Canva have invested in the operation.
- by Zoe Samios
Loss of trust: Behind the two months of turmoil at the Judith Neilson Institute
In just eight weeks, the Australia’s largest philanthropic journalism project has unravelled.
- by Zoe Samios
Packer’s casino dream edges closer to reality - without him
James Packer orchestrated Crown’s billion dollar bet on a Sydney casino, but whether it pays off depends on the casino operator’s new owners.
- by Colin Kruger
(Book)dystopia: How Australia’s biggest bookseller went from hero to villain
Booktopia has problems that go beyond a shift in consumer behaviour after the pandemic, with concerns about the leadership and loss of investor trust.
- by Sarah Danckert
Service with a smile: Virgin seeks to seize on Qantas' stumbles
Virgin frequent flyer program Velocity CEO Nick Rohrlach believes Virgin’s efforts to reinvent itself as a “new airline” is going under-recognised.
- by Jessica Yun
Auctioneers make an art of selling property collector’s assets
The latest auction disposing of the huge Harry Oviss investment portfolio fetched a total $29.14 million.
- by Nicole Lindsay
Sydney’s inner-city set for sparkling rooftop pool in $200m project
The sweeping infinity pool will rival any beach setting when TFE Hotels opens its first Collection brand boutique-style property within the TOGA group’s $200 million mixed-used project.
- by Carolyn Cummins