Tiger profit falls short of forecasts
Matt O'Sullivan THE budget airline Tiger Airways has disappointed investors after its first-half profit of $S16 million ($12.4 million) fell short of market expectations.
Two directors down at Transpacific
Matt O'Sullivan THE Queensland waste mogul Terry Peabody has rocked the company he once led by joining other Transpacific shareholders in helping dump two incumbent directors.
Canberra flies to Virgin's aid over international alliance
Matt O'Sullivan THE federal government has again stepped in to lobby on behalf of Virgin Blue as the airline attempts to win regulatory approval for an international alliance.
$15b Queensland gas project to spur investment
Matt O'Sullivan BG GROUP'S commitment to a $15 billion liquefied natural gas project at Gladstone is expected to be followed by Santos with similar plans within months.
Backlash as pay outpaces profits
Matt O'Sullivan SHAREHOLDERS have put directors on notice that they will not tolerate boards ignoring their concerns about excessive executive pay, as a backlash looms for the troubled engineering firm Downer EDI...
Air travel still slow to recover
Matt O'Sullivan QANTAS has left investors slightly worried about the pace of recovery in air travel after it highlighted the patchy demand on its international network and the battle for leisure travellers in the...
Discount dogfight hurts Qantas
Matt O'Sullivan Qantas disappoints investors who were hoping for an earnings upgrade today, saying instead that demand for travel on its international routes is still ‘‘patchy’’.
Flight Centre quells high expectations
Matt O'Sullivan FLIGHT CENTRE has disappointed investors who were expecting it to lift its profit targets, with the company warning that it would be ''premature'' to do so after just a quarter of improved trading...
Change at the top for Toll as Little takes his leave
Matt O'Sullivan THE architect of the transport giant Toll Holdings, Paul Little, has called it quits after more than two decades, in the latest sign that renewal at the top echelons of corporate Australia is...
Transport king's exit takes its toll on shares
Matt O'Sullivan Toll Holdings shares drop after the company confirms its long-time managing director, Paul Little, will step down.
Transurban shareholders revolt over executive pay
Matt O'Sullivan TRANSURBAN'S board has been dealt a stinging rebuke for the third year in a row after shareholders voted down its executive pay report and a multimillion-dollar share plan for its chief executive,...
Sydney Airport in hunt for new CEO
Matt O'Sullivan SYDNEY AIRPORT has begun a search for a new chief executive after its boss of the past four years, Russell Balding, opted to step down.
Canada board will be wild card at investor meeting
Matt O'Sullivan TRANSURBAN'S board will find out tomorrow whether it has done enough to stem the tide of shareholder discontent over the rejection of a sweetened $7.
Sydney Airport flies high on Aussie dollar
Matt O'Sullivan AUSTRALIANS taking advantage of the strong dollar by travelling overseas have helped Sydney Airport record a 17 per cent rise in earnings over the past three months.
Deal to extend V Australia losses
Matt O'Sullivan VIRGIN BLUE'S long-haul offshoot, V Australia, is expected to run at a loss for longer as a result of concessions made to US regulators who had opposed its tie-up with Delta Air Lines.
Outrage over loss-making paper bosses' rewards
Matt O'Sullivan PAPERLINX'S board has received the biggest backlash against executive pay so far this year, with more than two-thirds of shareholders voting against its remuneration report.
Retail investors likely to hold just 30% of QR National
Matt O'Sullivan RETAIL investors will make up about 30 per cent of the register of QR National, which will soon be floated, after the Queensland government allocated $1.
Flights deal boosts hopes of Air NZ alliance
Matt O'Sullivan VIRGIN BLUE has scored a boost to its hopes for regulatory approval of a trans-Tasman alliance with Air New Zealand after two fierce critics of the deal dropped their opposition.
Brookfield puts more on table
Matt O'Sullivan THE Canadian fund manager Brookfield has sweetened its cash and scrip offer for the remaining stake in Prime Infrastructure by $42 million to $1.
QR chairman hoses down fears of job cuts
Matt O'Sullivan THE chairman of QR National, John Prescott, has tried to allay union fears that the rail-freight company will shed large numbers of workers when labour agreements expire in three years.
