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The Australian
 

Good afternoon,

Billionaire Richard White purchased a property in Sydney’s lower north shore for another businesswoman he was allegedly in a relationship with, before a falling out led to her taking legal action.

WiseTech’s double-digit share price dive marks the moment investors have finally confronted the key man risk which now represents the technology major’s biggest weakness. At some point there will be no turning back, writes Eric Johnston.

Nine Entertainment boss Matt Stanton has revealed multiple “active investigations” are underway following reports made by staff about inappropriate conduct at the media company.

Perry Williams
Business editor
The markets


Commentary
Why the Nine empire may be split up after damning review
By ROBERT GOTTLIEBSEN
Business Columnist
Nine’s workplace review report didn’t detail a management restructure to overcome its problems, rather it was tacitly inviting capital markets to look even more closely...
Latest news
BlueScope calls for east coast gas reservation
Australia’s east coast faces a looming shortfall of gas – stoking debate about who, exporters or domestic users, should miss out.
By COLIN PACKHAM
Qantas ordered to pay $170k compo with more to come
Qantas faces a hefty compensation bill for unlawfully outsourced workers but not as much as the TWU might have liked after a Federal Court ruling.
By ROBYN IRONSIDE
Aussie super funds tipped to bail from WiseTech
Some of Australia’s largest superannuation funds are major investors in tech company WiseTech and are likely weighing their positions following details that have emerged surrounding the company chief executive’s personal life.
By BRIDGET CARTER
Being rich today is about much more than money
If your total household wealth is close to $600,000, you are richer than around 50 per cent of the population. See how you measure up.
By ANTHONY KEANE

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