Tuesday, 22 May 2012
On the surface, 2011-12 should have been something of a lost year for the members of Australia’s Rich List. ...
Speculation mounts that Lachlan Murdoch will invest in Ten Network with James Packer
Friday, 29 October 2010
Speculation is building that media heir Lachlan Murdoch could be about to buy half of James Packer’s new stake in Ten Network, and then join Packer in a push to restructure the company. ...
James Packer shocks the market with $250 million share raid on Ten Network
Wednesday, 20 October 2010
Just when it seemed James Packer had turned his back on the mainstream media, the mogul has shocked the market by launching a $250 million share raid on Ten Network. ...
What's Murdoch really worth?
Monday, 13 September 2010
What do you get the wealthy entrepreneur who has everything? That's the question that would have confronted Erica Baxter and Sarah Murdoch last week, when their husbands James Packer and Lachlan Murdoch celebrated their birthdays. ...
Liquidator launches $244 million legal action One.Tel against James Packer, Lachlan Murdoch
Tuesday, 24 August 2010
The special purpose liquidator of collapsed telecommunications company One.Tel has announced he has filed a lawsuit on behalf of a group of the firm's creditors, seeking to recoup a reported $244 million from the company's former investors, including James ...
ANZ quarterly profit up 37% to $1.3 billion, Billabong profit falls: Economy Roundup
Friday, 20 August 2010
ANZ has delivered a 37% profit increase in the June quarter to $1.3 billion, although the company says it is still cautious about the "uncertainty" about the global economic outlook. ...
James Packer’s Consolidated Media sees profit fall 11.6%, Shares slip: Economy Roundup
Tuesday, 23 February 2010
James Packer's Consolidated Media Holdings has recorded an 11.6% decline in profit for the first half of the financial year to $346.20 million, down from $391.52 million. ...
Kerry Stokes merges Seven Network with his private mining equipment empire WesTrac
Monday, 22 February 2010
Kerry Stokes' merger of WesTrac with his publicly-listed media company Seven Network will create a $2.6 billion diversified entity to be known as Seven Group Holdings Limited. ...
Lachlan Murdoch buys 50% stake in DMG Radio Australia, owner of Nova network
Thursday, 26 November 2009
Lachlan Murdoch has acquired a half share in DMG radio Australia, owner of the Nova and Vega radio networks in a deal billed as the media heir's first major step into active media ownership. ...
James Packer is plotting a very big move: Bartholomeusz
Thursday, 15 October 2009
James Packer's decision to buy just over $200 million of shares in Crown Ltd to lift his shareholding above 40% has triggered a flurry of speculation as to his motives. ...
James Packer is plotting a very big move: Bartholomeusz
Thursday, 15 October 2009
James Packer's decision to buy just over $200 million of shares in Crown Ltd to lift his shareholding above 40% has triggered a flurry of speculation as to his motives. ...
Billionaire Clive Palmer rushed to hospital, Shares flat: Economy Roundup
Monday, 12 October 2009
Australia's fifth richest man has been hospitalised after suffering chest pains while watching a Gold Coast United soccer game. ...
Packer's next move
Monday, 14 September 2009
It's been another big week in the remaking of the Packer empire. James Packer's decision to sell his stake in Challenger Financial Services for just under $400 million takes the tally of his asset sales over the last 12 months to almost $1 billion. In the last ...
Why the 12 month truce in the fight for Consolidated Media helps James Packer and Kerry Stokes
Friday, 11 September 2009
The battle for James Packer's Consolidated Media Holdings is over - for now at least. ...
James Packer’s great sell-off
Wednesday, 26 August 2009
Step right up, everything must go. This morning, James Packer's Consolidated Media Holdings sold off its stake in online classifieds company Seek for $440 million. Yesterday, Packer flogged off the company's headquarters in Park Street, Sydney for $50 million. ...
Gorgon LNG project given government approval, Seven Network profit plunges: Economy roundup
Wednesday, 26 August 2009
Federal environment minister Peter Garrett has authorised the multi-billion dollar Gorgon LNG project, which will create 6,000 jobs at its peak in an expansion of liquefied natural gas across Australia. ...
James Packer sells stake in Seek
Wednesday, 26 August 2009
James Packer's Consolidated Media Holdings has announced it will sell its stake in online classifieds group Seek for just over $440 million. ...
Does James Packer have the firepower to fight off Kerry Stokes? Bartholomeusz
Tuesday, 14 July 2009
Kerry Stokes' $234 million raid on James Packer's Consolidated Media Holdings last week has created an exquisite dilemma for Packer. Does he really want to spend more than $1 billion slamming the CMH door on Stokes, or would he prefer to be the recipient of ...
Rich 200 still reaping rewards
Thursday, 28 May 2009
It's hardly surprising that the total net worth of the members of BRW magazine's Rich 200 list fell by $25 billion in the last 12 months. What is surprising is that it didn't fall further. Yes, $25 billion is a big number and an awful lot of money. Yes, the ...
Media mogul Bruce Gordon set to buy more of Quickflix
Friday, 15 May 2009
Media and entertainment company WIN Corp, owned by Australian media mogul Bruce Gordon, is preparing to increase its stake in online DVD rental group Quickflix. ...
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