James Packer has indicated he wants to continue the fight over the collapse of One.Tel, maintaining he was "profoundly misled" about the financial position of the company.
A landmark court ruling over the One.Tel collapse has brought its special purpose liquidator closer in his pursuit of Lachlan Murdoch and James Packer on behalf of creditors.
The corporate watchdog has failed in its civil action against One.Tel founder Jodee Rich and the doomed telecommunication's company's finance director Mark Silbermann.
The Federal Government has awarded its $4.7 billion National Broadband Network contract to a secretive consortium backed by the wealthy Packer and Murdoch families.
An Australian newspaper has placed the value of global security vendor Symantec's purchase last week of Sydney-based rival PC Tools at AU$300 million.
Like the vast majority of people holding up the bottom end of the Australian economic pyramid, I always get a vicarious thrill out of reading the BRW Rich 200 List and finding out just how much money the people at the pointy end are hoarding.
One.Tel backers James Packer and Lachlan Murdoch are unlikely to be tracking the latest career move by insolvency expert Paul Weston, but they know who he is and must dread what he is about to do. Thought the One.Tel legal action was over? Think again.
Yahoo continues to struggle behind Google in the US but in Australia, it's a slightly different story -- NineMSN, the partnership between Kerry Packer's PBL and Microsoft, remains a major stumbling block for the online giant.
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