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Frasers goes to market with Epping land deal worth $40m

Frasers goes to market with Epping land deal worth $40m

Frasers Property has snapped up a strategic industrial site near Melbourne’s Wholesale Fruit and Vegetable Market in Epping in a $40 million deal with a private landowner.

  • by Simon Johanson

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Coles opens its own little shop as battle for customers goes small
Updated
Retail

Coles opens its own little shop as battle for customers goes small

Coles has unveiled the first of its “Coles Local” small-format stores, chasing what it says is a big opportunity in catering to wealthy but time-poor shoppers.

  • by Patrick Hatch
Brothers sell company they started in their parents' basement for $11 billion
Startups

Brothers sell company they started in their parents' basement for $11 billion

The tech industry's newest billionaires are a pair of brothers who started a software company in their parents' basement in Utah.

'Foolhardy gamble with other people's money': Plan to save Sears blasted
Retail

'Foolhardy gamble with other people's money': Plan to save Sears blasted

The chairman wants to keep Sears alive, but a group of the company's creditors say they'd be better off if it were dead.

  • by Eliza Ronalds-Hannon
Apple shares drop as iPhone's sluggish sales raise red flags
Wall Street

Apple shares drop as iPhone's sluggish sales raise red flags

Apple shares fell to their lowest in more than three months on Monday as three suppliers issued warnings on results that pointed to weakness in iPhone sales.

Culture is key if companies are to avoid wrath of the crowd
Regulation

Culture is key if companies are to avoid wrath of the crowd

Australia's former top corporate cop has issued a challenge to business leaders to improve how their companies behave.

  • by Mathew Dunckley
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'First came from her': Ex-ABC chair says sacking Alberici was Guthrie's idea
ABC Wars

'First came from her': Ex-ABC chair says sacking Alberici was Guthrie's idea

Former ABC chairman Justin Milne claims sacked managing director Michelle Guthrie "first" came up with the idea of firing high-profile presenter Emma Alberici.

  • by Jennifer Duke
Meet the next generation of Age journalists to join the newsroom
Media & marketing

Meet the next generation of Age journalists to join the newsroom

They bring a wide range of different experiences and talents, but they were all recruited for their burning drive to report Victorian news with passion, integrity and curiosity.

Healthscope and Navitas deliver $6b snub for BGH-AusSuper consortium
Shares

Healthscope and Navitas deliver $6b snub for BGH-AusSuper consortium

The nation's biggest superannuation fund, AustralianSuper, might be forced to rethink its partnership with BGH Capital after a double rejection.

  • by Colin Kruger
Lendlease loses $2.2b in two terrible days
Commercial real estate

Lendlease loses $2.2b in two terrible days

Global infrastructure, developer and funds manager, Lendlease's share price was again hit hard

  • by Carolyn Cummins
Private equity pain: BGH has twin setbacks in a single morning
Private equity

Private equity pain: BGH has twin setbacks in a single morning

Ben Gray's BGH Capital was rejected by its targets twice in one morning.

  • by Stephen Bartholomeusz