This Month
Bad repairs and blacked-out costs: when insurance claims turn ugly
Stuff-ups and a rapid acceleration in claims expenses are the hallmarks of boiling customer frustration with insurers, who are also facing higher costs.
Gold Coast prequel to Star’s Hard Rock overture
A storm erupted last month about Hard Rock’s ties to a deal for casino operator Star. This was not the first time such perplexity had emerged, it can be revealed.
May
IAG hit with discounting class action in latest legal headache
The insurance giant says it will defend the Slater and Gordon lawsuit alleging that customers were duped about discounts.
Star Entertainment suitor claims it kept Hard Rock in the loop
Two firms – HDI-BB and Hotel Development International – confirmed on Monday that they approached Star in March with a turnaround strategy.
You’re no Afterpay: judge finds payday loans breached law
The findings against the lending scheme, which involved a former Super Rugby player, came despite claims of similarity to buy now, pay later operations.
- Updated
Brutal economics behind city’s Taylor Swift snub
When the Eras Tour was announced last year, some cities were in, and some out. Even a premier was texting about it.
- Updated
The Star suitor and the fight over home in exclusive suburb
There hasn’t been confusion like this around casinos since “The Hangover”.
- Exclusive
- Gaming & wagering
Brisbane developer emerges at centre of Star’s Hard Rock mystery
The Florida-based entertainment giant said it had not authorised its name for use, despite Star telling investors it had received a proposal.
- Updated
ALS CEO gave up $6m bonus after backlash
The former chief executive relinquished up to $6 million in potential bonuses following a shareholder backlash against pay at the Brisbane-based testing giant.
CEOs to Labor: inflation still needs to be tamed
Measures to lift housing supply are being partly applauded, but a heavier push on curbing inflation seems to be missing in a two-speed economy.
- Updated
- Food
Beef giant’s earnings dip but CEO says there’s ‘strong demand’
The beef giant saw a drop in profits as rivals pushed more meat onto the market and costs rose.
- Updated
Firstmac hack deepens, credit card data stolen
The theft of credit card details has raised concerns about the Brisbane-based lender’s security and encryption standards.
- Updated
- AGM season
QBE pumps up Australian premiums, but squeeze slows
QBE revealed growth in all commercial markets at its AGM, including in Australia, where premiums increased by 11 per cent.
- Updated
PSC takeover delivers $350m payday for insurance broker
Analysts say Ardonagh’s offer of $2.3 billion for the Melbourne-based insurance broker represents an “attractive multiple” as chairman Paul Dwyer realises a huge windfall.
PSC strikes $2b sale to Ardonagh in insurance broker deal
PSC helps arrange cover for everything from cyber-hacks on businesses to accidents and agricultural enterprises.
- Updated
Ex CSIRO boss would pick different ‘winners’ in $1b quantum push
Larry Marshall, former CEO of CSIRO, says taxpayer money should be targeted at points in the quantum computing supply chain, not the finished product.
G8 Education board faces investor scepticism over Star links
The biggest for-profit operator of childcare also revealed some problems had struck a controversial deal to offload underperforming centres.
‘Ignore him at your peril’: The man who runs Queensland
The emergence of Gary “Blocker” Bullock as Labor’s most influential unionist is a story of the rise of the left and the decline of the once-mighty AWU.
April
Review targets workplace watchdog’s stomach for construction fights
Details about a KPMG review into the Fair Work Ombudsman comes as the CFMEU strikes on a key Qld government project, and warns of potential political fallout.
Firstmac hackers claim tax file numbers
The Brisbane-based lender has warned customers that tax file numbers and dates of birth have been stolen.
