Billionaire Stokes family wins support for takeover of Australia’s largest concrete maker

Billionaire Stokes family wins support for takeover of Australia’s largest concrete maker

Boral’s independent directors have caved in to Seven Group’s hardball takeover bid.

  • bySimon Johanson

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Never mind the poor. In Cottesloe,the gap is widening between the rich and super-rich

Never mind the poor. In Cottesloe,the gap is widening between the rich and super-rich

Personal income analysis has declared Cottesloe Australia’s most unequal suburb. Here’s a glimpse of how the wealthiest live there – and how your suburb rates.

  • byJesinta Burton
Shares crash over building delays and cost blowout at troubled WA gas plant
Updated
Gas

Shares crash over building delays and cost blowout at troubled WA gas plant

Beach Energy shares plummeted in early trading on Monday,with its chief executive conceding extreme disappointment over quality issues in the late-stage WA project.

  • byPeter Milne
Seven’s deadly sins:The questionable culture of the network and Mark Llewellyn

Seven’s deadly sins:The questionable culture of the network and Mark Llewellyn

The spotlight has been turned back onto Seven’s current affairs show.

  • byJordan Baker,Kate McClymont andCalum Jaspan
If only we could sue too:the creepy Spotlight saga is ruining the reputation of all journalists
Analysis
Defamation

If only we could sue too:the creepy Spotlight saga is ruining the reputation of all journalists

Spotlight’s efforts to woo Bruce Lehrmann have done the journalistic profession few favours. Rupert Murdoch’s News of the World was shut down for less.

  • byJacqueline Maley
Allegations ‘do not reflect’ culture says Seven,as executives distance themselves from Spotlight boss

Allegations ‘do not reflect’ culture says Seven,as executives distance themselves from Spotlight boss

Outgoing commercial director Bruce McWilliam distanced the network’s senior executives from Spotlight executive producer Mark Llewellyn in fresh evidence in court on Thursday afternoon.

  • byCalum Jaspan
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Beach Energy to slash almost a third of its staff in cost-cutting push

Beach Energy to slash almost a third of its staff in cost-cutting push

The Kerry Stokes-backed oil and gas producer will lay off 30 per cent of its workforce and overhaul its executive leadership team in a bid turn the company around.

  • byNick Toscano
Kerry Stokes’ right-hand man follows CEO out the door at Seven

Kerry Stokes’ right-hand man follows CEO out the door at Seven

Bruce McWilliam,one of Seven West Media’s most senior executives and its billionaire chairman Kerry Stokes’ closest adviser,is leaving the company after more than two decades.

  • byCalum Jaspan
How three Boral directors gave Kerry Stokes the finger

How three Boral directors gave Kerry Stokes the finger

In a gutsy move,three directors of the Boral board not aligned with Seven Group have moved against Kerry Stokes’ plan to acquire the rest of the company.

  • byElizabeth Knight
Private school gets green light for bush campus

Private school gets green light for bush campus

The Land and Environment Court has backed Frensham girls school plans to build a “bush campus” in an area linked to wombats,koalas and platypus.

  • byKishor Napier-Raman andNoel Towell
Seven launches ‘highbrow’ online news publication despite downturn

Seven launches ‘highbrow’ online news publication despite downturn

The Nightly will publish a 34-page digital edition at 6pm from Monday to Friday,supported by a website and featuring prominent Seven West columnists.

  • byCalum Jaspan