Rio Tinto’s new chief Simon Trott has unveiled his vision for a ‘sharper’ and ‘simpler’ mining giant that promises to bank up to $15 billion mostly through offloading projects, and dropping corporate bloat.
Simone Grogan
Rio Tinto’s new chief executive has announced a string of cost cuts and planned productivity improvements as part of his vision for a slimmed down miner focused on its core and most profitable businesses.
The troubled travel company was last valued at $2.3 billion but has since been sin-binned in a share market suspension.
Tom Richardson
Chief executive Vanessa Hudson told staff that the leadership overhaul would prepare Qantas for “a new phase” and drill down on its commitment to deliver better service to customers.
Sean Smith
Uranium mining hopeful Deep Yellow has brought in an ex-Rio Tinto managing director to replace John Borshoff, whose brusque exit has caused frustration among investors.
The one-time caravan maker said chair John Klepec had temporarily taken the reins of the company following the “departure” of Sydney-based Mr Nicholson after 4½ years.
Mineral Resources has scrapped a commitment to replace chief executive Chris Ellison by mid-2026 and instead launched a new “three-stage” succession plan not anchored to “an arbitrary deadline”.
Adrian Rauso
Ryan Stokes has been named business leader of the year at AIMWA’s Pinnacle Awards.
Danielle Le Messurier
Shares in the Tim Goyder-chaired DevEx Resources soared after announcing former Rio Tinto high-flyer Marnie Finlayson will be its new boss.
DroneShield shares plummeted after its US chief resigned, marking the latest challenge for the Australian defence technology firm that’s been trying to win over institutional investors.
Atlassian said its ‘no bullshit’ policy meant it had to concede that its total annual business travel emissions have soared, blaming it on one change.
Shareholders of Vault Minerals have panned a big bonus handed to the gold miner’s departing chief and a $517,768 golden handshake for another executive.
Rio Tinto’s cost-conscious chief executive, Simon Trott, has put an end to a $US2.6 billion ($3.7b) mining development in Europe that caused significant controversy.
The challenge is that those involved in local government will have to work harder than ever to make themselves heard — and understood — at a time when public trust in all institutions is under some threat.
Gary Martin
Local government leaders have hit back at claims they are holding up supply of new homes and warn State and Federal funding is becoming beholden to election cycles.
Matt Mckenzie
At Tesla’s AGM, shareholders approved Elon Musk’s pay packet to tie their own financial fortunes to those of the divisive tech entrepreneur.
Tesla’s campaign to award its chief executive officer a pay package potentially worth $US1 trillion ($1.5t) is drawing to a close, and this much is certain: Elon Musk will take it personally.
Kara Carlson and Loukia Gyftopoulou
The boss of Australia’s financial complaints watchdog says fewer opportunities to access cash and face-to-face banking are adding to hardship woes for consumers.
ANZ has revealed a $1.1 billion profit downgrade, with redundancies making up more than a third of the bad news.
Stephen Johnson
ANZ says cash profit for the second half of this year will be impacted by significant items amounting to $1.1 billion, as chief executive Nuno Matos overhauls the Australian lender.
Adam Haigh
Shares in the WA conglomerate were smashed 7 per cent lower to a three-month low of $86.13, pushing its market value under $100 billion, as shareholders met for the AGM.
Alan Joyce, at the helm of Qantas during some of its most turbulent years, will lift the lid on his leadership in an upcoming memoir.
Andrew Hedgman
Deterra Royalties’ inaugural chief executive has flagged he will leave the company soon for ‘personal reasons’ with no permanent successor lined up yet.
The controversy in an elite western suburbs council has taken a fresh twist as the former chief executive sues the city for defamation.
