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Patrick Durkin

BOSS Deputy editor

Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com

Patrick Durkin

Yesterday

Victorian Treasurer Tim Pallas.

Pallas vows to prove rating agencies wrong

Treasurer Tim Pallas has fended off warnings Victoria could face a third credit rating downgrade since 2020.

This Month

Victorian Treasurer Tim Pallas and Premier Jacinta Allan have handed down their first state budget together.

Ratings warning over Victoria’s $188b debt

Rating agencies have put the Victorian government on notice after it revealed state debt would climb to $188 billion, with a daily interest bill of $26 million.

  • Updated
Victorian Treasurer Tim Pallas delivers his budget to the Victorian Parliament on May 07, 2024.

Labor dodges difficult debt decisions

Treasurer Tim Pallas has not delivered the “horror budget” he prepared the ground for, nor a clear path back from the state’s crippling debt levels.

Victoria budget winners and losers.

Victorian budget winners and losers

There are no new taxes or levies for the first time in several years – although the state’s waste and fire levies are increasing – but the budget avoids many tough decisions save for a slowdown in infrastructure spending.

An Australian National University study has found that the gender of board appointees does not impact firm financial performance.

Gender of directors added no financial value: study

A study by the Australian National University has found that the gender of directors appointed to company boards had no impact on the financial performance of those businesses.

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Former Reserve Bank governor Philip Lowe still sees upside risk for rates.

Philip Lowe warns rates could rise again

The former RBA governor says with data surprising on the strong side getting back to a 2.5 per cent inflation level sustainably is not yet guaranteed.

Victorian Premier Jacinta Allan faces cost pressures to slow down Victoria’s big build.

Allan flags budget handouts amid debt, inflation warnings

Premier Jacinta Allan vowed her government would not “put our heads in the sand” over a 20 per cent cost blowout in Victoria’s $80 billion project pipeline when the budget is handed down on Tuesday.

Ruslan Kogan still works at his Melbourne office in a T-shirt and jeans.

Why Kogan stops interviews with marathon runners to hire them

BOSS sat down with Kogan.com founder Ruslan Kogan just as his share price collapsed by 30 per cent.

Susan Anderson Global VP Uber Retail and Grocery in Sydney this week.

Uber’s new retail boss has a plan to shake up groceries in Australia

Susan Anderson says online penetration for the $130 billion Australian grocery sector is still low. She predicts a big step change within the next few years.

April

Former ACT Labor deputy chief minister and current CEO of the Clean Energy Investor Group Simon Corbell will chair Victoria’s SEC.

Former Labor leader to chair Victoria’s SEC

Simon Corbell, a former ACT deputy chief minister, will chair Victoria’s revised State Electricity Commission, after its advisory board was disbanded.

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The unlikely CEO team tackling Australia’s toughest job

Bran Black and Luke Achterstraat represent business at the opposite ends of the spectrum but are determined to present a united front in Canberra.

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Highest-paid CFOs revealed

The country’s top CFOs continue to enjoy a “breakout period” on pay and remain in the box seat as the country’s next CEOs.

Woodside Energy chairman Richard Goyder has already indicated to some shareholders that this will be his last term.

Richard Goyder counts down the days at Woodside, Qantas and the AFL

The businessman faces a crucial vote at the oil and gas giant’s annual meeting. He’s already planning his exit from the highest-profile boards in the country.

Lindsay Fox arrives at the launch of the Paula Fox Melanoma and Cancer Centre in Melbourne on Friday.

‘What Paula wants, Paula gets’: Lindsay Fox’s $152m birthday surprise

A high-profile birthday singalong broke out on billionaire Lindsay Fox’s birthday at the official opening of new $152 million Paula Fox Melanoma and Cancer Centre in Melbourne on Friday.

laire Rogers,  former World Vision Australia’s CEO during a Breakfast with Boss in Melbourne.

Why this CEO keeps Fridays for thinking

Claire Rogers has co-founded a technology start-up that draws on her experience as a former ANZ executive and World Vision CEO.

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TechnologyOne CEO Ed Chung says there has been a noticeable shift in the tech market in the past three to six months.

Why this top 100 CEO gets his executives to swap jobs

The architect of a corporate experiment where the execs change jobs admits it is a little on the crazy side for a $5.2 billion, top 100 ASX tech company.

  • Updated

Business braces for more disruption from Gaza protests

Arrests have been made as train stations, ports and parts of Australia’s biggest cities are blockaded by widespread protests against the war in Gaza.

COSBOA summit held at Sofitel Sydney at Darling Harbour. ACCC chair Gina Cass-Gottlieb says break up powers would be useful.

Big business break-up powers ‘would be useful’: ACCC chief

Gina Cass-Gottlieb says she would welcome new powers to break up big business, but her priority is strengthening merger laws and new powers to tackle unfair practices.

Taxation Commissioner Rob Heferen says small business debt needs urgent attention.

ATO ramps up warnings on $50b in tax debts

Increasing numbers of Australian small businesses operators are falling behind on tax and superannuation obligations, Tax Commissioner Rob Heferen warned.

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Teals warn Labor has ‘dropped the ball’ on small business

The independent MPs, expected to play a crucial role in next year’s federal election, also hit out at the Coalition for failing to support sensible changes.