Business
Companies
Jayne Hrdlicka: The high-flying executive behind Bain's turbulent Virgin tilt
Much of the focus on Virgin's new owner Bain Capital has centred on local boss, former Olympian Mike Murphy,. But the role of Jayne Hrdlicka was just as important.
- by Sarah Danckert and Patrick Hatch
Latest
Commercial real estate
Values diverge for Australia's property trusts
The value of the property portfolios held by Australia’s real estate trusts are diverging sharply with some proving more resilient to the pandemic’s effects than others.
- by Simon Johanson
Commercial real estate
Interstate retailers make border crossings
Queensland shoe maker FRANKiE4 is making a foray into Victoria, opening a shop on the Burke Road shopping strip.
- by Nicole Lindsay
Exclusive
Aviation
Virgin Australia customers, frequent flyer members could swing creditors' vote
Virgin Australia's administrators are planning to give every customer owed flight refunds or frequent flyer points a vote on a deal to secure its future.
- by Patrick Hatch and Sarah Danckert
ACCC
ACCC's Sims refuses to back down on rail freight sale decision
The competition regulator is going to the high court to scuttle the $205 million sale of Aurizon's Acacia Ridge terminal to rail freight business Pacific National..
- by Darren Gray
Opinion
Aviation
Severe lay-offs on the radar as new-look Virgin rises from the ashes
Virgin's new private equity owners are set to track Qantas' job-shedding route, with the rescued airline looking to slash about 30 per cent of its 9500-strong workforce.
- by Elizabeth Knight
Updated
Aviation
Bain Capital strikes deal to buy Virgin Australia
Virgin's administrator says it has agreed to sell the bankrupt airline to Bain Capital but has offered no details about the size of the bid, job losses or how much money creditors will receive.
- by Patrick Hatch and Sarah Danckert
World markets
Harvard graduate's $145m green bet bolsters a family dynasty built on dynamite
When Kim Dong Kwan joined his family's business a decade ago, he had one focus: green energy. And it led to a $US100m bet on a little-known company that has paid off.
- by Yoojung Lee
Aviation
Lufthansa's $15b rescue package gets green light from shareholders
Chairman Karl-Ludwig Kley told investors the airline had 'run out of money' ahead of the vote for the deal, which sees the German government take a 20 per cent stake.
- by David McHugh and Geir Moulson
Fintech
'The money's gone': Wirecard collapses owing $5.8 billion
The collapse of Wirecard, once one of the hottest fintech companies in Europe, has been labelled an "elaborate and sophisticated fraud" by its auditor EY.
- by Arno Schuetze and John O'Donnell
Telecommunications
Forget V or W, Telstra boss Andy Penn has a D-shaped recovery in mind
The disruptions caused by the coronavirus pandemic offer a chance to get Australia’s digital trajectory back in the right direction, says the Telstra CEO.
- by Supratim Adhikari