Thai Airways Fined $7.5M
Thai Airways has just been fined by a whopping $7.5 million for its involvement in an air-freight cartel. The airline follows the fate of..
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ANZ Chief Receives $20M
It looks Christmas just got merrier for Mike Smith, the chief executive of ANZ. Documents showed that Smith received close to $20 million..
$1M Fine Slapped On Cotton On Kids
Popular fashion brand Cotton On Kids has been slapped a fine of $1 million for breaching fire safety standards. The Federal Court in..
ACCS OKs Qantas-Jetstar Tie-Up
The Australian Competition and Consumer Commission (ACCC) has given its seal of approval for the closer tie-up between Qantas and Jetstar..
News Ltd Posts Loss
News Ltd has announced that it registered a $476.7 million loss for the current financial year that ended June 30. The media company said..
Cathay Pacific, Singapore Air Fined
Cathay Pacific and Singapore Airlines have been asked to pay some $23 million for their involvement in a global air cartel. The Singapore..
Virgin Partners With Tourism Australia
Virgin Australia is partnering with Tourism Australia in the latter’s effort to beef up its tourism campaign for the country. The..
Google Defends Itself From Tax Controversy
Eric Schmidt, the chairman of tech giant Google, has defended the company from criticisms over its alleged avoidance of paying income..
Magnate Faces ASX Probe
Travers Duncan is facing a corruption inquiry after reports surfaced that he deliberately misled the Australian Stock Exchange. Duncan is..
ANZ Enjoys Bonanza From Delayed Cuts
Because ANZ has delayed passing the cuts to its customers, the bank has enjoyed as much as $100 million from its borrowers. ANZ is the last..
