It is probably foolish to suggest that some of Australia’s richest people are making a mistake by investing in the latest banking fad – peer-to-peer lending.
IR review gives unions upper hand – The Fin; BHP to postpone its $19bn port plan – The Aus; Sundance weighs lower Hanlong bid – The Aus; Premier shuts door on Aquila's Anketell port plan – The West; Packer seeks luxury dream out west – The Fin
State Labor pressures Canberra on mining tax – The West; Fresh Sino Iron doubts emerge – The Fin; Big builder warns on Perth recovery – The Fin; Tug of war over WA U-hopeful – The West; Poll showdown for open slather trade on Sundays – The West
Iron ore magnate Andrew Forrest has reclaimed the title of the nation's richest person from gaming tycoon James Packer while the fortunes of Perth businessmen Stan Perron and Kerry Stokes slipped, according to Forbes Asia.
Billionaire James Packer has declared his Burswood casino a "national tourism asset", alongside more traditional attractions like Uluru and the Sydney Opera House.
Sage chases backing for $200m Lady Annie float; Australia Post in $700m shake-up; Media moguls face off; PM's cash cure fails to lure nurses; Long haul for Asciano with gloomy outlook
Seven Network chairman Kerry Stokes is speculated to be behind the latest purchase of a parcel of Consolidated Media Holdings shares valued at $28 million as James Packer confirms he has lifted his stake in the company to nearly 41 per cent.
THE James Packer-backed Ellerston GEMS Fund has acquired a 50 per cent stake in the commercial and mining construction business of Subiaco-based Arccon (WA) Pty Ltd, an affiliate of building company Z
The James Packer-backed unit trust Ellerston GEMS Fund has acquired a 50 per cent stake in the commercial and mining construction business of Subiaco-based Arccon WA Pty Ltd, an affiliate of building company Zorzi Group.
PREMIER Gallop has confirmed his discussions with James Packer over the future of the Burswood Casino, but remained tight-lipped about the potential outcome.
