The founder of failed retirement village group Prime Trust, Bill Lewski, is "highly likely" to engage in further wrongdoing and should be banned from running companies for the rest of his life, the corporate regulator says.
Education provider Navitas's full year profit has fallen 31 per cent after writedowns to its university division overshadowed stronger revenues
Indian utility Adani has won environmental approval from the federal government for the proposal to proceed only a matter of weeks after it concluded plans to build the rail link for the project, even though the sustained downturn in coal prices threatens to undermine the project's viability.
Agriculture Minister Barnaby Joyce has weighed into Coles and Woolworths' $1-a-litre milk battle saying "what was a great trick for a few years will turn into a very bad business plan".
The prospect of Nine Entertainment’s two major legacy shareholders, Apollo and Oaktree deciding to retain some of their combined 36 per cent shareholding beyond the August 2014 voluntary escrow period is a mixed blessing.
Just like finding a last-minute flight or accommodation deal, parents will now be able to find last-minute vacancies and discounts at some NSW private schools.
Australia faces a bleak future of higher unemployment and lower living standards without an urgent and fundamental ''mindset change'' by governments, business and individuals, according to a landmark study of competitiveness.
The Tax Office is looking to claw back up to $200 million in revenue from property developers who have inappropriately claimed capital gains tax concessions.
Leighton Holdings dropped out of the bidding race for Melbourne’s $8 billion East West Link road tunnel last month because the project was too risky, chief executive Marcelino Fernandez Verdes said as the construction group reported a 20 per cent fall in first-half net profits to $291.3 million.
The Maritime Union of Australia has accused the operator of a key Pilbara supply base of failing to take pay negotiations seriously, triggering a 10-day strike that it says will impact Chevron’s $US54 billion Gorgon project.