Negligence, Conflict Of Interest Brought Banksia Down
Investigations on why Banksia collapsed showed that conflicts of interest and auditor negligence played a big role. According to receiver..
Business
Bupa Expands In Australia
Bupa, a giant health insurer from the United Kingdom, has announced its expansion in Australia. The company said it is investing some $500..
Microsoft, Google Rivalry Heat Up
Google appears to be taking on Microsoft’s core business. Google Apps is offering more software and solutions for businesses like video..
NAB, CBA Get Higher Satisfaction Ratings
Data from Roy Morgan Research show that more customers are satisfied with the banking industry. This is a welcome improvement since the..
ANZ Chief Receives $20M
It looks Christmas just got merrier for Mike Smith, the chief executive of ANZ. Documents showed that Smith received close to $20 million..
$1M Fine Slapped On Cotton On Kids
Popular fashion brand Cotton On Kids has been slapped a fine of $1 million for breaching fire safety standards. The Federal Court in..
ACCS OKs Qantas-Jetstar Tie-Up
The Australian Competition and Consumer Commission (ACCC) has given its seal of approval for the closer tie-up between Qantas and Jetstar..
News Ltd Posts Loss
News Ltd has announced that it registered a $476.7 million loss for the current financial year that ended June 30. The media company said..
Cathay Pacific, Singapore Air Fined
Cathay Pacific and Singapore Airlines have been asked to pay some $23 million for their involvement in a global air cartel. The Singapore..
Virgin Partners With Tourism Australia
Virgin Australia is partnering with Tourism Australia in the latter’s effort to beef up its tourism campaign for the country. The..
