Brookfield,the Canadian investment group targeted by shadow treasurer Chris Bowen paid tens of millions of dollars in tax on one its most prominent local subsidiary last year.
The Australian competition watchdog has blamed"lousy"computer systems after a botched release of its decision to nix a merger caused market turmoil
Australia’s $40 billion industrial conglomerate Wesfarmers is staunchly defending its ethics and integrity after suggestions it attempted to exert influence at the highest levels of the Malaysian government.
The timing of the leaking of Wynn Resorts'$10 billion proposed bid for James Packer's Crown Resorts couldn't have come at a worse moment for Wynn. The leak killed the deal.
In a tersely worded statement,Wynn Resorts said it had ended takeover talks with Australia's Crown Resorts after word of the potential $10 billion buyout was leaked.
Graincorp has announced plans to demerge its malt business and use a derivative to reduce the extreme volatility of its dominant east coast grain logistics operations.
Deutsche,not long ago regarded as the riskiest bank in the world,is in merger talks with Commerzbank. The world should be concerned.
But the waste management giant has had to agree to sell a processing plant it owns in Sydney to get the deal across the line.
ALP promises to get ACCC to review mergers to boost competition pressures