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In a sensational strike back at Super Retail Group, lawyers for aggrieved executives claim they have proof of a secret tryst between CEO Anthony Heraghty and HR boss Jane Kelly.
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The Australian
 

Good afternoon,

Lawyers acting for employees at Super Retail Group claim they have proof that an undisclosed intimate relationship existed between CEO Anthony Heraghty and the retailer’s chief of HR, Jane Kelly.

Crown Resorts will slash up to 1000 jobs across the business after a sharp drop in tourists as well as gaming restrictions hit its key properties in Sydney and Melbourne.

Star Entertainment executive chair David Foster has left the group suddenly after a tumultuous week fronting the Bell inquiry, with one of his board colleagues now accusing him of fueling an acrimonious relationship with the regulator.

And the ASX 200 started the week on a positive note, closing up 0.8 per cent at 7637.4. The All Ords also closed in the green, up 0.9 per cent at 7906.6.


Perry Williams
Business editor

The Markets

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The Big Read

Self-made billionaire, investor and philanthropist, 44-year-old Scott Farquhar is the boy from Sydney’s western suburbs now making waves in the city’s uberwealthy east – owning two of the city’s most expensive houses and pushing for one of its oldest boy’s schools, Cranbrook, to take in girls.

As he steps down from the company he founded with Michael Cannon-Brookes, Farquhar and his wife, Kim Jackson, will be stepping up their focus on philanthropy and their investment company, Skip Capital. Farquhar, who has been a driving force behind the establishment of the Technology Council of Australia, is also keen on promoting the sector as an industry in its own right with its own special interests – including the need for easier visa conditions to bring in workers from offshore – and he also wants to mentor other tech start-ups.

While Cannon-Brookes has taken a high-profile role both inside and outside Atlassian, Farquhar and his wife have taken a lower key approach to life, but with a strong passion to use their skills and money to make a ­difference.

Glenda Korporaal

Read more

LITIGATION
‘Secret affair’ shared with Super Retail board, staff
In a sensational strike back at Super Retail Group, lawyers for aggrieved executives claim they have proof of a secret tryst between CEO Anthony Heraghty and HR boss Jane Kelly.
ELI GREENBLAT
TOURISM
Crown to slash 1000 jobs as tourist numbers dive
There will be redundancies across the entire Crown Resorts group, including some management roles, with most job losses in Melbourne and Sydney.
By GLEN NORRIS
CASINOS
Star chair exits as inquiry told top job almost ‘killed’ Cooke
David Foster has left Star suddenly amid claims he fuelled already deteriorating relations with the NSW Independent Casino Commission (NICC).
By GLEN NORRIS
EXCLUSIVE
Revealed: the companies using AI to beat cyber hackers
Microsoft has quietly unleashed its AI Copilot for security to help a select group of Australian companies gain an edge over cyber criminals and fend off attacks.
By JARED LYNCH
TELECOS
Optus-TPG deal to ‘reset’ regional networks
The nation’s second and third largest telcos have reached a $1.6bn arrangement to share mobile sites and spectrum, radically increasing coverage across regional Australia.
By JOSEPH LAM
OPINION
Are you an easy target for government tax grabs?
There are ways to make yourself slippery prey for governments wanting to eat into your wealth by lifting taxes.
By ANTHONY KEANE
AUTO INNOVATION
Mercedes and Google to accelerate driverless cars
The German marque has gone from competing with Google to partnering with the tech giant to make self-driving cars a reality.
By JARED LYNCH
COMMENTARY
Australia’s online retail revolution
With overseas giants entering the game, traditional retail tactics have transformed into a strategic chess match, where the most agile and forward-thinking businesses succeed.
By PAUL ZAHRA
CLOSURES
WA nickel mine fully shuttered with 530 more jobs lost
Fickle nickel has struck again as First Quantum completely shutters its Ravensthorpe mine amid news Sumitomo and Mitsubishi are backing a new WA nickel project.
By NICK EVANS
STOCKHEAD
Taking trauma out of wound repair
ASX stock Aroa Biosurgery might just have solved one of trauma surgery’s big challenges, with its treatment to heal troublesome wounds shining in trials.
By NADINE MCGRATH