Matt O'Sullivan

Matt O'Sullivan

Matt O'Sullivan is a Business Reporter for The Sydney Morning Herald.


Big shareholders tighten grip on Virgin

Matt O'Sullivan Virgin calls for cash amid fierce competition, in a move that paves the way for its major shareholders to fully take over the airline.


Angry shareholders give Aurizon first strike over executive pay


Matt O'Sullivan Stinging rebuke despite attempts to allay concerns by making it harder for managers to earn bonuses.


Aurizon dealt first strike over exec pay

Aurizon CEO Lance Hockridge

Matt O'Sullivan Aurizon has received a stinging rebuke from shareholders over its payment of executives, suffering a so-called ‘‘first strike’’ despite it attempting to allay concerns by making it harder for...


Asciano urges fast action on IR laws


Matt O'Sullivan Asciano has called for the Abbott government to forge ahead with a tightening of industrial relations laws - including workers' ability to take protected strike action.


Transurban bids for Sydney tunnel

Sydney cross city tunnel

Matt O'Sullivan Transurban hopes to buy Sydney's failed Cross City Tunnel for about $500 million.


Transurban on way to Cross City Tunnel

Cross City Tunnel.

Matt O'Sullivan Transurban has made a pre-emptive strike in its bid to buy Sydney’s Cross City Tunnel by purchasing debt in the failed asset.


Avalon Airport must diversify after Qantas cuts, says CEO Giddings

An airport worker stands in front of a Jetstar passenger plane at Avalon Airport in Melbourne in this March 19, 2010 file photo. Australia's national carrier, Qantas has moved to expand its Asian business and cut costs by entering into an equal joint venture with China Eastern Airlines Corp Ltd to set up a Hong Kong-based low-cost carrier. 

Matt O'Sullivan Lindsay Fox-owned airport concedes need to diversify after maintenance base closure.


McAleese Transport persists with float despite Cootes truck crash

mark rowsthorn  AFR  100825  photo Louise Kennerley  Mark Rowsthorn CEO Asciano presenting their 2010 full year results  job #133349

Matt O'Sullivan Company renews attempts to raise $166 million from large investors over the weekend.


Virgin Australia CEO John Borghetti's pay too high, CGI Glass Lewis warns

John Borghetti, CEO of Virgin Australia Group of Airlines, addresses the Waypoint 2013 conference in Canberra on Wednesday 6 November 2013.
Photo: Alex Ellinghausen

Matt O'Sullivan Adviser rebukes Virgin's board for what it described as 'high levels' of pay for chief executive.


Air NZ to fly Dreamliner from Auckland to Perth

Air New Zealand.

Matt O'Sullivan Airline's Perth-Auckland run will raise the level of competition facing Qantas on trans-Tasman routes.


Rapid-transit system needed: Virgin

Virgin aircraft.

Matt O'Sullivan Virgin Australia is pushing for Sydney Airport to build a rapid-transit system between its terminals.

Macquarie investors to get airport shares

The Macquarie Group Ltd.

Matt O'Sullivan Macquarie Bank will finally walk away from Sydney Airport after deciding to offload its cornerstone stake, ending an 11-year tie that helped it reap hundreds of millions of dollars in fees and...


Macquarie exits airport stake

Qantas planes at Sydney Airport.

Matt O'Sullivan Macquarie ends an 11-year tie that has led to it reaping hundreds of millions of dollars in fees.


Qantas stumps up $60m to help Jetstar Japan fly higher

Qantas and Jetstar Airbus.

Matt O'Sullivan Weaker yen pushes up airline's fuel bill and its plans to establish a second base delayed.


Union talks over Qantas Avalon base break down

Matt O'Sullivan The aircraft engineers’ union has made a last ditch effort to get Qantas to keep open its heavy maintenance base at Avalon Airport near Geelong, including an offer for workers to take long periods of...


Aussie travellers not deterred by dollar: Flight Centre

Flight Centre

Matt O'Sullivan Flight Centre says it has had a strong start to the new financial year as Australians’ love affair with travelling abroad shows no signs of abating despite fluctuations in the dollar.


Qantas confirms Jetstar Japan cash injection


Matt O'Sullivan Qantas has confirmed that it will inject another $60 million into Jetstar Japan as it faces the impact of a weak yen making fuel more expensive and delays to establishing a second base in the country.


Qantas digs deep to shore up Jetstar Japan

Qantas and Jetstar.

Matt O'Sullivan Qantas is said to be on the cusp of pouring tens of millions of dollars to secure its position in the domestic Japanese market.


Qantas poised to inject millions into Jetstar Japan

Jetstar Japan

Matt O'Sullivan Qantas is said to be on the cusp of pouring more money into Jetstar Japan as it seeks to secure its position in the domestic Japanese market against other newcomers.


Tigerair records heavy losses

Matt O'Sullivan Tigerair Australia racked up a large loss in the second quarter as the ultra-budget airline faced stiff competition from Jetstar in a domestic market with excess seats.