Qantas chief Alan Joyce said the one-off payment was indicative of the airline sharing the benefits of the travel rebound, which began in December, and to “recognise the great work are doing”. “Today, we’re announcing a one-off payment that...
Last year Reserve Bank governor Phillip Lowe said he wouldn’t increase interest rates until he saw signs of strong real wages growth. Now he is telling workers that if they don’t accept real wage cuts, then their greed will be...
Firefinch spin-off Leo Lithium has made a lacklustre debut on the ASX, closing its first day of trade around 25 per cent lower than its issue price. Its listing follows a $100 million initial public offering completed at the end...
There’s a financial joke, whose origin I don’t know, that has been making the rounds lately. It goes like this: If inflation continues at current rates, the purchasing power of wealth held in dollars will be cut in half...
Western Australia could save $6.6 billion over the next 30 years through greater investment in public and social housing, a new economic study has found. Housing All Australians, a charity that works with the private sector to deliver affordable housing,...
Twitter’s board has turned up the heat on billionaire suitor Elon Musk, unanimously backing his $US44 billion ($63 billion) bid for the social media platform despite disputes about the platform’s robot users. Twitter recommended shareholders vote in favour of the...
Ginger Bowman of Synergetic Media Synergetic Media In October 2017, Ginger Bowman purchased a commercial printing business. In the five years since, she has overcome three significant challenges by being flexible and pivoting. High customer concentration. An industry that was set...
As a guide to the transition Quintis has made since its corporate implosion half a decade ago, it might be worth comparing the backgrounds of its chief executives before and after its darkest hours. Founded in 1997 and led for...
The majority directors at consumer lender Humm have resigned following the collapse of a deal to sell the company’s consumer finance arm. In an update to the ASX released on Wednesday morning, the majority directors said they could not remain...
Business transformations can take many forms and often occur at the same time. To understand which approach you’ll need to take, ask yourself two questions: 1) Is your transformation driven by internal needs or external forces? 2) Does it...
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