bestnews Gold fever brings open pit M&A warfare. Beware investors
Lock up your gold projects, fools have the chequebooks out ready to torch shareholders’ hard-earned money. Unable to contain the boom-time feels, multibillion-dollar bids are flying. We’re up to $10…
How to launder money and get away with it
How to launder money and get away with it
Private equity money man Michael Lukin’s new chase reveals holy grail within reach
Twenty years ago, private equity salesmen (they were nearly always men) were running around with all sorts of structures to try to lure non-institutional Australian money into their sector. What…
Ord Minnett chases up Perpetual Private raid with Ross Love hire
Stockbroker and wealth manager Ord Minnett is not done sucking up financial advice talent from rivals. It has poached Ross Love, a senior private wealth adviser, from Shaw & Partners’,…
RBA tells banks national interest not profit comes first on payments system
The Reserve Bank has accused the major banks of putting profit over the national interest, as it doubled down on its criticism of the industry’s handling of the transition of…
IAG seeks to delay trial on $7b Greensill insurance claims
IAG, Greensill Capital’s biggest insurer, is trying to delay a $7 billion trial over insurance claims, stating it needs more time to review more than one million documents as it…
George Foreman, ageless heavyweight boxing champion, dies at 76
American George Foreman, one of the great second acts in sports who reclaimed the heavyweight boxing title after coming out of retirement and became a celebrated product pitchman, died on…
Luke Sayers watches Carlton Blues as he launches post-social media scandal era
Luke Sayers′ attendance at Carlton Football Club’s early season games was always going to be awkward after he stepped back from the presidency earlier this year. Hard-launching his return to…
NBL owner Larry Kestelman’s Melbourne United, Jared Novelly’s Illawarra Hawks face off for future of the league
Usually in the National Basketball League, the biggest rivalry is between the two teams. Not so at Sunday’s Illawarra Hawks versus Melbourne United final, where the more significant battle is…
Oscar Piastri delivers perfect F1 race to win Shanghai Grand Prix for McLaren
Shanghai | Oscar Piastri roared back from a season-opening disappointment to win the Chinese Formula 1 Grand Prix in a McLaren one-two on Sunday while Ferrari had both drivers disqualified.…