"The best way of getting wealth to as many people as possible is to create more businesses, create more entrepreneurs," Richard Branson says.
Reporter for The Age
Virgin Group boss Richard Branson says Qantas sought financial help from the federal government in 2014 just so it could flood the market with flights and push Virgin Australia out of business.
Ambitious plans to build a commercial airport near Koo Wee Rup have been described as Melbourne's answer to Sydney's Badgerys Creek.
A surprise jump in retail sales statistics lit a fire under Australia's beleaguered discretionary retail stocks on Tuesday, making them some of the best performing on the ASX.
A $7 billion proposal to build a privately-owned international airport for Melbourne's south-east will be presented to the Victorian government next week.
The boss of Melbourne Airport has hit back at claims Australia's monopoly airports are gouging airlines and that privatisation has been a failure.
The number of passengers passing through Melbourne Airport will double to 70 million a year over the next two decades, according to the airport's boss, who says plans for rail and road infrastructure must be put in place now to handle such growth.
Virgin Australia's second highest ranking executive is heading for the airline's departure lounge after less than a year in the job.
Lagging infrastructure, sparse population and well-developed online shopping habits be roadblocks for Amazon.
The threat of Amazon disrupting Australia's grocery market is overblown and independent supermarkets are better off focusing on their local customers, Metcash's outgoing boss says.