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The Australian
 

Good afternoon,

Andrew Forrest’s Fortescue appears to have secured a preliminary win in its extraordinary court fight with would-be "green steel" competitor Element Zero.

Meanwhile, it's the salacious story of a billionaire and his secret affair that has readers transfixed. Angelica Snowden has more on the courtroom brawl between WiseTech founder Richard White and his glamourous ex lover.

And Atlassian co-founder Scott Farquhar's Point Piper home "Elaine" is partly demolished, but that didn't stop a buyer spending $130m on the Sydney beachfront site.

Perry Williams
Business editor
The markets


Commentary
Qatar deal for Virgin is all about Bain Capital’s bottom line
By JOHN DURIE
Columnist
The spin sold to media outlets has been that the Qatar-Virgin Australia deal is all about national competition when in reality the main effect is a big boost to Bain Capital’s bank...
Latest news
Fortescue secures first win over Element Zero in court fight
Andrew Forrest and two former executives who left to start their own green steel company say they are looking forward to a courtroom battle in their dispute over intellectual property.
By ANGELICA SNOWDEN
‘I want a new bed’: messages between billionaire and beauty queen laid bare
Sydney socialite Linda Rogan says text messages show tech billionaire Richard White approved her luxury furnishings at a secret mansion he bought for her...before his girlfriend found out.
By ANGELICA SNOWDEN, JOHN STENSHOLT
Meta’s slow burn on removing scams
For years Meta has ‘published the content of criminals’ via scam ads on Facebook, fleecing unsuspecting Aussies. But it says it is changing its ways – albeit slowly.
By JOSEPH LAM
Only the supermarkets (and maybe the mafia) act this way
I have just met with a supplier to one of the big supermarkets, and the stories he tells me about the way suppliers are treated is appalling.
By ROGER MONTGOMERY
VC investor on working with dad and fighting anti-Semitism
As his VC firm turns 10, Rampersand’s Paul Naphtali reveals how a trip to Israel changed his life and the secret of doing business with dad.
By DAMON KITNEY

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