Billionaires Lachlan Murdoch, James Packer and Bruce Gordon might end up with complete control of the Ten Network by Christmas if Malcolm Turnbull does not slash TV licence fees in the upcoming budget.
Colin Kruger, CBD
Billionaires Lachlan Murdoch, James Packer and Bruce Gordon might end up with complete control of the Ten Network by Christmas if Malcolm Turnbull does not slash TV licence fees in the upcoming Budget.
Nearly $5 billion was lost in translation as Japan Post's $6.5 billion acquisition of Toll to turn into a $1.8 billion turkey in less than two years. And former Toll boss Paul Little is not complaining.
Deborah Thomas has announced she will stand down as chief executive of Dreamworld owner, Ardent Leisure, just two years after she took the job and six months after the tragedy which claimed the lives of four people at the Gold Coast theme park.
Former Spotless boss, Bruce Dixon, promised he would not be doing anything more strenuous than propping up the bar at one of his son's pubs when he retired. He was being modest.
As Network Ten braces for the announcement of a significant financial loss on Thursday, the rumour mill has it that the billionaire-laden Network Ten will try and save money by cutting costs and staff in its News department.
It seems like a long time since CBD last saw a travel itinerary - and costings - for the overseas adventures of our top corporate cop, Greg Medcraft.
Retirement obviously did not suit former JB Hi-Fi boss, Terry Smart.
It didn't make much of a splash, but one of Len Ainsworth's offspring, Paul Ainsworth, sold some shares in Aristocrat Leisure late last week to take his stake below the substantial shareholder threshold.
After 35 years of marriage, this wealthy couple split. She got $15 million in a settlement, but claims she did not know about the $93 million bonanza her former husband was about to cash in on the stock market.