Bunnings' property arm, BWP Trust, has posted a solid 48 per cent increase in net profit for the 2016 financial year, backed by some big revaluations and higher rental growth.
WorleyParsons shareholders targeted Perth-based director Erich Fraunschiel in a protest vote at today's annual meeting, where the engineering giant disclosed it has cut a further 900 jobs over the past three months.
Former Wesfarmers chief financial officer Erich Fraunschiel has joined BWP Trust as a non-executive director, and it is intended that he will succeed John Austin as chairman when he retires in late
Kerry Stokes is one of Australia's wealthiest and most private business leaders, but that has changed with the release of two biographies in two years. However conspicuous gaps in what we know about his deals and erstwhile partners remain.
