Friday, 05 November 2010
Gordon Merchant, founder of the Billabong surf wear empire and rich list member, is set to buy Melbourne-based bio plastics manufacturer Plantic Technologies in a deal worth about $10.2 million. ...
Rich recoup losses
Monday, 26 October 2009
Meet the comeback kids. A year after the collapse of Lehman Brothers and the onset a global equity slump, a group of wealthy Australian investors including James Packer, Kerr Neilson and Gerry Harvey have managed to recoup their losses - and then some. ...
The rich start their comeback
Monday, 06 July 2009
If you are a typical investor, it's unlikely that you bothered to celebrate the end of the 2008-09 financial year. Let's face it - it was a shocker. ...
Former Billabong chief Matthew Perrin declared bankrupt
Wednesday, 04 March 2009
Matthew Perrin, the former chief executive of surfwear giant Billabong, has declared personal bankruptcy after failed investments in China left him with debts of around $28 million. ...
Billabong founder loses $64 million in two days as profits slide
Friday, 05 December 2008
Shares in surfwear giant Billabong International have plunged 20.5% in two days after the company revealed sales in the company’s key US market plunged in November and slashed its profit forecast. ...
Gold Coast loses its shine
Wednesday, 19 November 2008
Flashy wealth and the white shoe brigade have always had a home at the Gold Coast. But the fast money reputation is fading from memory as companies and entrepreneurs do it hard. JAMES THOMSON looks at who is losing the most. ...
Discounted fortunes
Saturday, 14 June 2008
The big names behind the retail sector are feeling a chill wind from the cooling economy. By JAMES THOMSON ...
How the super rich will be making money in 2008
Tuesday, 15 January 2008
The super rich didn’t get that way by getting skittish every time the economy trips – they adapt, and make new killings from a resurfaced playing field. JAMES THOMSON uncovers their cunning plans. ...
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