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28 May 2017 |
As a parliamentary inquiry into life insurance continues to hear shocking misconduct revelations and NAB became embroiled in a new scandal at the weekend, the banks' mouthpiece, the Australian Bankers' Association, has been interviewing agencies as they consider a new campaign.
17 May 2017 |
Fairfax Media has received a competing bid from global private equity firm Hellman & Friedman valuing the publisher at up to $2.87 billion.
From global private equity firm Hellman & Friedman, the bid is for a range of $1.225 to $1.25 per share, compared with the TPG consortium proposal of $1.20.
17 May 2017 |
The world's richest people lost $US35 billion ($47 billion) when global equity markets were rocked overnight by political turmoil in the US, according to the Bloomberg Billionaires Index.
15 May 2017 |
While saving for a home requires cutbacks on luxuries, which is something you’re no doubt sick of hearing, it’s definitely okay – and important even – to have at least one thing you indulge in. Life is short after all, so it must be enjoyed!
15 May 2017 |
BHP Billiton, the world’s biggest miner is rebranding, changing its name back to just BHP from this week.
The company is rolling out a $10m advertising campaign that includes television ads and a new slogan, “Think Big”, to facilitate the change.
10 May 2017 |
The Fairfax Media chief executive, Greg Hywood, was paid as much as $7.2m in 2016 – substantially more than the $2.74m reported by the company in its last executive pay rundown.
07 May 2017 |
Fairfax Media has confirmed private equity company TPG Capital has made an unsolicited approach to buy its three key metro newspapers and online real estate arm Domain.
The US-based firm has put forward a proposal to buy the Sydney Morning Herald, the Age and the Australian Financial Review, along with Domain, in a deal estimated to be worth about $2.5bn.
03 May 2017 |
The company had around 1,000 editorial staff in 2011. After the latest round of redundancies announced on Wednesday, which will cut 125 jobs, roughly only 375 editorial staff will remain.
28 March 2017 |
The Dow Jones Industrial Average rose solidly after a survey on Tuesday revealed consumer confidence in the US economy rose in March.
NAB economist David de Garis wrote in analyst note that a number of other factors may have contributed to the gains in global markets overnight.
15 March 2017 |
Cairo: At first glance, it seemed as if Saudi Arabia was poised for a bit of change. With great fanfare, the governor of Qassim province announced the creation of a girls' council - the first of its kind in the kingdom - intended to offer more opportunities for women and give them a voice.
It was an encouraging sign for a nation that regularly ranks near the bottom of global surveys on gender rights.
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