Australia’s airports are now the most profitable in the world by international standards. Former ACCC chairman Graeme Samuel says the perception that out airports are “cash cows” is no longer a perception. He tells John Stanley it’s an “absolute reality”. Now Chairman of Airlines for Australia and New Zealand, Mr Samuel says our airports are earning […]

Law firm Slater and Gordon is starting what’s likely to be a wave of legal action against bank-owned super funds, and the claims could be in the billions. Slater and Gordon’s head of class actions Ben Hardwick told Neil Mitchell the Royal Commission has revealed “pretty appalling behaviour” by bank-owner super funds. “If you take […]

The boss of NAB says the bank’s decision not to raise their standard variable rate is about building “trust and greater advocacy” with their customers. The National Australia Bank has broken away from the other major banks, deciding to keep their rate on hold at 5.24 per cent. Westpac was the first to raise their […]

New Federal Treasurer and Deputy Leader of the Liberal Party Josh Frydenberg says he has spoken with former PM Tony Abbott and would like to see him play a larger role in the Morrison government. Frydenberg told Neil Mitchell he and Prime Minister Scott Morrison spoke with Tony Abbott yesterday. “I had a chat with […]

The Australian advertising market has come back strongly over the past 12 months. CEO of the Nine Entertainment Company, Hugh Marks, tells Ross Greenwood that investing in local content has been the key. “We made a decision a couple of years ago to change our content mix, to invest more in local, to spend less […]

The boss of a gas pipeline giant says a royal commission into the energy sector would be unnecessary considering the immense powers of the Australian Competition and Consumer Commission. Peter Dutton, who is set to launch a second challenge for the Liberal leadership on Friday, has flagged launching a royal commission into the energy sector. […]