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    Corrections

    Yesterday

    Domain CEO Jason Pellegrino.

    REA’s success exposes shrinking Domain

    The growth engine for Nine Entertainment, property classifieds platform Domain, has not been firing – and is losing ground to News Corp-controlled REA Group.

    • Sam Buckingham-Jones

    This Month

    Australia’s ambassador to Ukraine Paul Lehman.

    Australian ambassador shared work space with TikTok and a dog trainer

    Australia’s ambassador to Ukraine worked out of a WeWork building in Warsaw amid fears Russian missile attacks make it too unsafe to go back to Kyiv.

    • Andrew Tillett
    It’s not a gun: DroneShield chief Oleg Vornik

    DroneShield: a capital markets plaything or the real deal?

    Even as sceptics question its valuation, the drone detection and jamming group has a near $1 billion market capitalisation.

    • Jemima Whyte

    July

    One of the investors in an NDIS housing fund run by ASR Wealth.

    Domacom fund suspended from accepting new money after NDIS closures

    Property investment platform Domacom has been blocked from raising new funds following a Financial Review probe into aggressively marketed NDIS investments.

    • Updated
    • Jonathan Shapiro
    Peak Rare Earths executive chairman Russell Scrimshaw.

    Chinese rare earths giant looks to set up in Australia

    Shenghe wants to expand into Australia despite strong government opposition to Chinese investment.

    • Updated
    • Brad Thompson
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    Warehouses at 44 Clunies Ross Street, Prospect. Some have been constructed and others are new and under construction.

    Union sparkies spare Cbus-backed builds from work bans

    Developments in western Sydney are running months behind schedule due to industrial action at Endeavour Energy. But two projects seem to be exempt.

    • Campbell Kwan and David Marin-Guzman
    A Singapore Airlines aircraft at Changi Airport.

    The ups and downs of flying business on Singapore Airlines

    Great food and privacy in a large bed – if you can find a spot for your feet.

    • Ingrid Fuary-Wagner
    Nina Merrilees lost $11,600 to a scammer claiming to be her and Mick Merrilees’ daughter.

    Nina lost $11,600 to a scam. Bendigo Bank won’t help her

    When Nina Merrilees was scammed in 2022, she was shocked the banks didn’t help her. New research shows most Australians think they should have.

    • Hannah Wootton

    ‘Give her a go’: New judge blasts ‘painfully slow’ progress for women

    Jane Needham blasted the “painfully slow” progress of women in law and urged barristers to consider briefing “that young woman who went to a school you haven’t heard of”.

    • Michael Pelly
    You wouldn’t expect a former ASIC executive to be scammed, but Karen Chester’s experience shows how vulnerable everyone is.

    This ASIC boss was scammed. She has a warning for you

    When Karen Chester bought shoes in a sale last month, she did not expect to be scammed. The fact she was shows the urgent need for reforms.

    • Hannah Wootton
    A reduced appetite by some of the major banks to lend to indebted businesses and to commercial real estate has created an opening for private credit.

    Private credit jumps 45pc in five years and is threatening banks: Citi

    Risk-averse major lenders have created a “structural” change in the market by staying away from indebted companies and commercial real estate, analysis says.

    • Updated
    • Aaron Weinman
    Greg Goodman  founded Goodman Group, a logistics landlord which is now pushing into data centres.

    Local REITs outpace broader market despite sagging asset valuations

    Goodman Group was the standout performer in the 12 months to June 30, buoyed by rising demand from investors for exposure to data centres.

    • Updated
    • Kylar Loussikian
    Solomon Lew has been one of the country’s most successful retailers. After years of conflict with Myer, he and the department store appear to be on the same page.

    Solomon Lew’s surprise role model? Vegas mogul Sheldon Adelson

    Like the colourful businessman, the billionaire rag trader won’t stop building his empire. And Myer, with a new chief, is finally playing ball.

    • Updated
    • Jemima Whyte

    June

    We must repeal legislation preventing the use of nuclear energy in Australia and we need to seriously address energy market design.

    My nuclear talk was cancelled. Here is what I would have said.

    My presentation to Engineers Australia would have outlined why a nuclear-based energy system would cost consumers half as much with four times fewer emissions.

    • Robert Parker
    Michael Egorov first purchased Verona, which is next door to Avon Court, for $18.25 million.

    Hack wipes $140m from Melbourne mansion-owning crypto king

    Michael Egorov, who spent $59 million purchasing two mansions in Hawthorn, said I “don’t really live in Australia”. His curve token plunged last week.

    • Tom Richardson
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    Gill McLachlan ran the AFL until last year. He was appointed Tabcorp’s chief executive on Monday.

    Former AFL boss Gillon McLachlan takes on ‘legacy brand’ Tabcorp

    He arrives at the company in the midst of a painful transformation and after the departure of Adam Rytenskild, who was being investigated for offensive language.

    • Updated
    • Zoe Samios

    May

    Boomer ‘wave’ of outflows starts to hit super

    Australia’s biggest retail superannuation funds are paying out billions more dollars in cash than they are bringing in as baby boomers reach retirement age.

    • Updated
    • Hannah Wootton
    Japanese shipbuilder Mitsubishi Heavy Industries Mogami 30FFM frigate.

    Questions surface over fast-tracked $10b warships

    Shipbuilders have been given just three weeks to outline their opening pitch to build new frigates for the navy.

    • Andrew Tillett
    Myer executive chair and CEO Olivia Wirth.

    Why Olivia Wirth’s top Myer role is a governance fail

    Myer’s decision to appoint Olivia Wirth as executive chair and CEO has stunned corporate governance experts but has the full support of Solomon Lew.

    • Sue Mitchell
    777’s Josh Wander last year. The situations has dramatically worsened for the private equity group.

    PE firm behind Bonza, Melbourne Victory calls in insolvency experts

    The private equity firm called in advisers overnight to assist with “operational challenges”. It is a major shareholder in the A-League club and budget airline.

    • Updated
    • Ayesha de Kretser