Business
Companies
‘Wombat of Wall Street’: The ad guru selling Australia to the world
David Droga has created ads for The New York Times, Barack Obama, Puma and The White House. Now he will test his world-famous talents on Australia.
- by Calum Jaspan
Latest
New tax stoush flares over Woodside’s $7.7b oil project in Senegal
Woodside, the largest Australian energy company, is locked in a legal dispute in Senegal over how much tax it must pay from its newest oil field.
- by Nick Toscano
Sponsored
Bulls N' Bears
‘Big Dogs’ lift junior mining partners to greater heights
In tough times for many junior ASX mining companies, luring a “big dog” onto the share register to add financial grunt has become a common boardroom pursuit.
- by Craig Nolan
Exclusive
Unfair dismissal
Former Tabcorp boss launches action against wagering giant after sudden exit
Adam Rytenskild is taking his former employer to the workplace tribunal five months after departing over allegations of inappropriate conduct.
- by Chris Barrett
Opinion
Aviation
How the Napoleon of aviation lost the Qantas pay battle
The financial successes that spawned Alan Joyce’s cult-like following among investors ultimately led to the former CEO having largely unfettered decision-making power.
- by Elizabeth Knight
Updated
Executive pay
Qantas cuts former CEO Alan Joyce’s pay by $9.3 million following damning review
Qantas had been under pressure from politicians, investors, employees and customers to claw back about $11 million of Joyce’s bonuses from his final pay packet.
- by Amelia McGuire
Opinion
Coal
Coal is cash, but not even activists wanted Glencore to exit its dirty business
Glencore has scrapped plans to spin off its coal business, with an unlikely coalition of investors and activists all opposed to the plan.
- by Stephen Bartholomeusz
Airbnb’s record plunge wipes $2 billion off 42-year-old CEO’s fortune
The travel company’s stock tumbled on Wall Street, taking a big chunk out of the fortune of co-founder and CEO Brian Chesky.
- by Biz Carson
The $220 million ‘double-edged sword’ that’s bothering Nine
Not everyone agrees that buybacks are an efficient use of a company’s capital.
- by Anne Hyland
Dolce & Gabbana has a $165 perfume for dogs, and vets aren’t happy
The perfume contains “warm notes of ylang, the clean and enveloping touch of musk, and the woody, creamy undertones of sandalwood”. Vets say there will be unintended consequences.
- by Sarah Hurtes
Glencore dumps plan to quit coal as investor demands shift
Australia’s biggest coal exporter says more than two-thirds of its shareholders want the company to hold on to its coal mines.
- by Nick Toscano