Murdoch family survives push to loosen its grip on News Corp

Murdoch family survives push to loosen its grip on News Corp

Rupert Murdoch’s News Corp said a hedge fund’s proposal to eliminate the dual-class share structure that cements his family’s control over the media group was “convincingly” defeated.

  • byColin Kruger

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‘We have turned a corner’:Qantas boss says airline is winning back the hearts of customers

‘We have turned a corner’:Qantas boss says airline is winning back the hearts of customers

Vanessa Hudson tells investors at the company’s AGM that “we don’t always get it right” but the airline’s push to regain the trust of customers is succeeding.

  • byColin Kruger
‘The court will resolve the matter’:Super Retail chair clears air on legal feud

‘The court will resolve the matter’:Super Retail chair clears air on legal feud

The retailer’s departing chair Sally Pitkin has admitted that settling a legal battle with two former senior executives would have been prudent but hinted the size of the claim was an issue.

  • byJessica Yun andColin Kruger
‘Clock is ticking’:Can Allaway convince investors BOQ has turned a corner?

‘Clock is ticking’:Can Allaway convince investors BOQ has turned a corner?

In an environment where Australians are starved for competition,there are questions about where BOQ fits and how it will survive.

  • bySumeyya Ilanbey
Macquarie affirms bet on green energy shift after ‘soft start’ to year

Macquarie affirms bet on green energy shift after ‘soft start’ to year

Macquarie Group boss Shemara Wikramanayake says any change in policies,including under a Trump presidency,won’t derail the long-term green energy transition.

  • byMillie Muroi
Investor heavyweights failing to boot directors on climate commitments

Investor heavyweights failing to boot directors on climate commitments

Directors at companies failing to meet any climate commitment criteria received higher support in 2023 than those that met them,according to new research.

  • byMillie Muroi
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ANZ boss warns of tough economic year ahead,more customers to face financial difficulty

ANZ boss warns of tough economic year ahead,more customers to face financial difficulty

Shayne Elliott signalled the bank would remain “competitive but not market-leading” in its mortgage pricing as it looks to grow home loans profitably amid high inflation and interest rates.

  • byMillie Muroi
NAB boss warns on housing affordability as house prices rise

NAB boss warns on housing affordability as house prices rise

NAB chief executive Ross McEwan said he expected a rebound in economic growth by the second half of next year but that the economy would continue to slow into 2024.

  • byMillie Muroi
‘Someone needs to be held to account’:Shareholders make history at this year’s AGM season

‘Someone needs to be held to account’:Shareholders make history at this year’s AGM season

With Jo Wright’s simple probe,she epitomised the disparity between working-class and corporate Australia.

  • bySumeyya Ilanbey
Westpac braces for economic slowdown as rate hikes bite

Westpac braces for economic slowdown as rate hikes bite

Westpac boss Peter King warned of slower economic growth as the bank looks to turn its fortunes around following a tough period for the company.

  • byMillie Muroi
BOQ shareholders reject executive pay after ‘difficult year’

BOQ shareholders reject executive pay after ‘difficult year’

Bank of Queensland shareholders delivered a blow to the company’s remuneration report as the bank warned of growing economic risks in the year ahead.

  • byMillie Muroi