Business
Companies
Breaking
Mergers & acquisitions
Chemist Warehouse’s $8.8b merger could stifle competition, shut stores: ACCC
Australia’s competition watchdog has raised concerns that Chemist Warehouse’s planned merger with Sigma Healthcare into an $8.8 billion titan will hurt rivals in the pharmacy sector.
- by Jessica Yun
Latest
Get on with orderly energy transition, says Origin boss
Origin chief says switch from coal power to renewable energy should be done in the most cost-efficient way for customers.
- by Simon Johanson
Exclusive
Media & marketing
News Corp to cut sales staff, up to 80 jobs to go
The cuts come during an advertising downturn affecting the whole media industry and the company’s bid to find up to $65 million in savings.
- by Calum Jaspan
Exclusive
Social media
Elon Musk chases ‘overpayments’ from Australia’s sacked Twitter staff
Social media platform X says a currency conversion error resulted in former Twitter staff being overpaid their entitlements.
- by Calum Jaspan
Culinary tsar Lucas ties knot with property giant Cbus in new city tower
“I’m no guru property guy. I just love old buildings and love to create restaurants in them,” says culinary king Chris Lucas.
- by Nicole Lindsay
AGL invests in new tech to help cut customers’ power prices
The power giant will be able to manage and trade the energy customers generate from solar panels and batteries at home.
- by Simon Johanson
Opinion
Bruce Gordon
The man who wears the crown in Nine’s Game of Thrones
Billionaire Bruce Gordon began his career juggling apples at his father’s suburban fruit stand – useful experience for any Nine directorial shuffle.
- by Elizabeth Knight
Bonza hopes dashed, hundreds sacked after no rescue bid emerges
More than 300 workers at budget carrier Bonza have been told their roles have been terminated as no one has offered to buy the plane-less airline.
- by Amelia McGuire
Opinion
Elon Musk
It’s high noon for Musk as his $80 billion pay day looms
Tesla shareholders are expected to approve yet again the largest incentive package in US history. If they do, the unprecedented package will no doubt be challenged in court again.
- by Stephen Bartholomeusz
Analysis
Media & marketing
Who is Nine’s new chair Catherine West?
Nine’s new chair faces a raft of operational and structural challenges beyond the findings of a looming review into the culture in its embattled television division.
- by Calum Jaspan
Costello exit from Nine proves costly with no golden parachute
Peter Costello will forfeit $374,000 in annual remuneration after the former treasurer’s premature resignation from Nine.
- by Calum Jaspan