The US has its ‘fiscal cliff’– but Australia has its own version, according to the chairman of NAB, who has claimed the country is set for a “growth cliff” following the end of the resources boom.
A High Court challenge led by billionaire Andrew Forrest to the Federal Government’s mining tax is to take place as early as March.
Mining entrepreneur Andrew Forrest has forked out nearly $40 million to bolster the company he founded, amid concerns that the mining boom is beginning to slow.
Business leaders should stop talking down the Australian economy or risk damaging confidence, the boss of NAB has warned.
The founders of Smart50 entrant Catch of the Day, Gabby and Hezi Leibovich, have been revealed as being among the country's richest people, with a fortune of $240 million, according to the latest figures from BRW.
Australian businesses cut their spending in the fourth quarter, with the economy still propped up by the mining industry, new figures have revealed.
Company directors could be removed if they ignore shareholder concerns over their pay, under laws passed by the Senate last night.
Andrew Forrest, the billionaire founder of Fortescue Metals Group, is to step down as chief executive of the company and will become chairman.
Mining magnate Gina Rinehart has become the first woman to top the BRW Rich 200 in its 28-year history, after she increased her wealth from $4.75 billion to $10.3 billion last year.
Mining magnate Andrew Forrest has bumped media mogul Rupert Murdoch off the top spot in this year’s BRW Executive Rich List, with mining companies dominating the list of Australia’s 200 wealthiest executives.
The Federal Government is to revamp its apprenticeship scheme after a report found that it was failing to solve skills shortages for businesses.
The marketing battle between the major banks is set to intensify, with Commonwealth Bank making a major push for NAB's business customers.
Gina Rinehart has become the first woman to be named Australia’s richest person, beating fellow mining magnate Andrew Forrest to the top spot.