Yesterday
- Opinion
- Electric vehicles
Prepare for yet another big EV adoption hurdle
Apartment owners and strata managers are unprepared for the costs and complications of securing building insurance for blocks with electric vehicle owners and charging facilities.
- Jennifer Hewett
A PE firm, two profit updates, and a $1b deal hanging by a thread
At stake is the future of back-from-the-almost-dead vessels owner MMA Offshore, which is rollicking after a life-saving recapitalisation.
- Anthony Macdonald
This Month
Big business’ Voice advocacy backfired: new Qantas chairman
John Mullen said businesses should not be “completely anaesthetised” on social issues, but warned it can be dangerous for firms to back politicised causes.
- Nick Bonyhady
Qantas snaps up 100pc of TripADeal as travel package bookings boom
Qantas Loyalty said the deal – increasing the airline’s stake from 51 per cent – would help the division hit its ambitious earnings targets for 2030.
- Ayesha de Kretser
Bonza terminates hundreds of staff but wage payments up in the air
The budget carrier only began flying last year, and was backed by US private equity fund 777 Partners. It collapsed at the end of April.
- Ayesha de Kretser
- Updated
- Cars
Embattled Bapcor gets $1.83b buyout offer from Bain Capital
Shares in the company, which runs 1100 outlets under the Autobarn, Burson, Autopro and Midas brands, climbed 14 per cent after the proposal from the private equity group.
- Simon Evans
- Analysis
- Aviation
Airlines are forgetting to be bashful about their big profits
The unspoken upside of Boeing’s woes and Airbus delays is that airline profits will probably stay sky-high.
- Ayesha de Kretser
Selling Sunrise: Inside Qantas’ 22-hour ultra-long-haul flight
Can Qantas boss Vanessa Hudson pull off her predecessor’s dream of non-stop travel between Sydney, Melbourne and London? Getting this right will be key.
- Ayesha de Kretser
Bonza’s administrators concede sale hopes dead, staff to go
The low-cost airline collapsed in late April. A confidential creditors’ meeting was told on Thursday that administrators may consider legal action instead.
- Ayesha de Kretser
Rex chairman out amid overhaul of regional airline’s board, executive
Last week, the ASX asked the company why it did not disclose a relationship between its chairman, Lim Kim Ha and his brother-in-law during a 2022 acquisition.
- Ayesha de Kretser
Hrdlicka says Virgin Australia is IPO-ready when ‘market reopens’
Speaking in Dubai, Jayne Hrdlicka defended the carrier from market critics who say it is losing share to its larger rival Qantas and budget airline Jetstar.
- Updated
- Ayesha de Kretser
The key to more company cars going electric
The number of EV models on offer in Australia has expanded to beyond 100, and more businesses are examining whether to shift their fleets from petrol or diesel.
- Simon Evans
Electrification reaps rewards for postie fleet
Australia Post has added more than 5000 electric vehicles to its fleet, as the changing demands of delivery drive rapid electrification.
- Maxim Shanahan
Is corporate Australia on the cusp of an EV tipping point?
Only 1 per cent of cars in Australia are EVs, but sales are taking off as more affordable models hit the market and the energy transition intensifies.
- Gus McCubbing
Qatar Airways CEO reports ‘positive’ progress on bid to boost flights
The new chief executive of Qatar Airways expressed hopes talks to expand its right to land at major Australian airports would conclude soon.
- Ayesha de Kretser
- Opinion
- Chanticleer
From 40 red buses in Melbourne to $400m a year and a $4b payday
Bus company Kinetic is one of Australia’s unheralded success stories. In an industry full of family operators, no one has cracked it like Kinetic’s crew.
- Anthony Macdonald
May
- Opinion
- Electric vehicles
Why tariffs won’t stop China’s dominance in EVs
Chinese EVs are facing higher tariffs in Europe and the US, raising the likelihood of a broader trade war. Australia may be caught in the middle.
- Jennifer Hewett
Spending crunch spreads as Peter Warren Auto tumbles on profit warning
Shares in the second-largest car dealership group on the ASX crashed to a record low as it warned of a margin squeeze amid cost-of-living pressures.
- Simon Evans
Fifty cents for Qld trains, buses – but they’re still ‘old and slow’
The Queensland Labor government’s slashing of public transport costs has been welcomed, but an advocacy warned of major network issues failing passengers.
- James Hall
Victoria accuses Melbourne Airport of holding rail link ‘hostage’
The airport is run by major investors including the Future Fund, and has a different idea from the government of the transport needed from Melbourne’s CBD.
- Jenny Wiggins
