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Richard Pratt
News and interviews on Richard Pratt including trends, features, blogs and community conversations from an Australian business perspective.
Investors Lazard, Thorney and the Pratts take a Hastie tumble
The collapse of engineering and construction group Hastie proved disastrous on many levels, not least for its main investors.
Fallout from Hastie Group collapse continues as Federal Government flags assistance for workers
The Federal Government might step in as the fallout from the Hastie Group collapse continues to unfold.
Bravo Grollo
The handover of the Grocon construction empire from father to son is a great example of well-managed succession.
Gina first, daylight second: Our tips for the BRW Rich 200 top 10
Despite the family trust shenanigans, Gina Rinehart looks likely to once again dominate the BRW Rich 200 List.
How the rich are finding cash
With the economy recovering and expansion plans a priority once more, SMEs are looking to investors for funding - to little avail. But business owners could learn a thing or two from Australia's wealth entrepreneurs.
Effective networks
If you have a business where your customers need to connect to different service delivery points around the country, then you should investigate a business model which has a network effect.
Managing 'time expired assets'
Revenue management techniques are used successfully by airlines, hotels and restaurants - how could your business adopt these practices?
Entrepreneur Robert Gerard set to float Gerard Lighting Group
Adelaide entrepreneur Robert Gerard unveils plans to float his lighting company, seeking to raise $80 million to $90 million to pay down debt.
Where's the growth?
Where is growth coming from in your industry? Wherever it is, you need to be part of it.
Retail spend drops 0.7% in December, Pratt heirs to float company: Economy roundup
Richard Pratt's daughter and son-in-law set to break with the family's tradition of privacy and float industrial packaging business.
Tracking the trends
Monitor the trends in your industry to uncover valuable business opportunities.
Know your strengths
There is nothing wrong with asking customers why they bought your product rather than the competitors. It could help you cement your advantage.
The power of customer surveys
Asking your customers what they think about your products and services can be a powerful tool in your competitive strategy.
Australia's wealthiest recluses
Some of Australia's wealthiest entrepreneurs are staunch recluses. Here are eight tactics to help hide your own empire from prying eyes.
The value of expertise
Deep expertise can be just as important as intellectual property.
Leader of the pack
It's the question that every rich watcher wants answered – who will finish 2009 as Australia's richest person?
Selling power
For customers considering purchasing your product, reducing the sales cycle time is paramount to getting them over the line.
Making the switch
Implementing switching costs will make it harder for the competitor to steal your customers.
The basics of production
Economies of scale could be a basic way to exert your competitive advantage.
Sign on the dotted line
Using long-term contracts to lock out competitors is a common practice. How can you tie down your customers?
