IF you measure the value of a chief executive by the salary he or she takes and compare it to what heads of similar size companies receive, Andrew Forrest would come out on top in Western Australia year in, year out.
Local forestry veteran Tony Jack has accused receiver McGrathNicol of using his bid for the collapsed Great Southern timber schemes to find a better deal for the bank creditors at the expense of out-of-pocket investors.
Great Southern receiver McGrathNicol has telephoned investors in the flagship timber schemes urging them to hold off accepting the ‘rescue package’ lodged by the Gordon Martin-led Pulpwood Plantations.
As the University of Western Australia seeks leave to appeal to the High Court over a blow to its intellectual property rights, universities and employers nationwide are wondering what they need to do to avoid a similar fate.
RIPPLES from the fall of Allco Finance Group continue to work through the market, as the 'for sale' sign goes up at one of its investments, the Perth-founded debtor finance company Scottish Pacific Benchmark.