Business

Elizabeth Knight

Elizabeth Knight comments on companies, markets and the economy.

New Wesfarmers chief executive Rob Scott perfectly fits the company mould.

Meet the new Wesfarmers Stepford CEO

He's a former Olympic silver medallist in rowing, an accomplished, successful and understated man who has tasted most parts of the Wesfarmers empire.

Achoe Malarone, 41, was a store manager when he took more than $22,500 from tills at Phillip and Belconnen JB Hi-Fi stores.

JB Hi-Fi defies retail gloom with profit surge

The JB Hi Fi stellar profit performance is testament to the fact in a difficult depressed environment strong well managed companies can grow by capitalising on the weakness of others.

Virgin has pulled its discount brand Tigerair out of the Bali market.

There are simply too many seats in the sky

Pressure is mounting on Australian airlines to make fresh cuts to capacity after Virgin Australia's softer than expected second quarter left investors worrying about the state of the aviation market.

Tabcorp wants to buy Tatts in part to fend off a growing challenge from overseas online rivals like William Hill and ...

UK start-up, acquisition costs mar Tabcorp result

Tabcorp's bottomline performance was down 28.1 per cent - marred by a series of one-off losses associated with its UK start-up business Sun Bet, litigation with regulator Austrac and costs associated with acquisitions.