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Paul Ballard, 39, was high on cocaine and cannabis when he ploughed into 64-year-old Eileen Haskell s car in his VW Golf on Squirrels Heath Road in Romford on 20 February last year. ....
The new rich: How these 20 Australians propelled themselves onto this year s Rich List Michael Bailey and Julie-anne Sprague, AFR Tesla chairman Robyn Denholm. (Damian Bennett) For Grant Petty, becoming a Rich Lister is more about the vindication than the money. Mr Petty, 52, is the co-founder of Blackmagic Design, a Melbourne-based manufacturer of equipment and software for filmmakers. Its products have been used on 20 out of the 30 highest-grossing Hollywood films of all time, and are increasingly popular with YouTubers and social media influencers. The company is now worth about $1.6 billion, valuing Mr Petty’s stake at $588 million. Blackmagic Design co-founder Grant Petty (AFR, Kristoffer Paulsen) ....
Twenty people appear on the Financial Review Rich List for the first time when it’s revealed on Friday, including seven from Australia’s burgeoning tech sector. ....
Consolidation on the way for self-storage industry Share Consolidation and the prospect of takeovers loom large for Australia’s self-storage sector as it emerges from COVID-19 with high occupancy rates and a favourable outlook, according to industry leaders and analysts. National Storage managing director Andrew Catsoulis. Michelle Smith Major players have been fighting tooth and nail for new sites and industry ascendancy following a tumultuous 2020, when market leader National Storage was the target of a failed three-way takeover battle that led to rival Abacus holding 9.9 per cent of its shares. “It’s inevitable we’ll see more consolidation of a fragmented market,” Andrew Parsons, executive director of Resolution Capital, told ....
Retirement Funds Bring Climate Change Pressure on Australia’s 200 Biggest Companies Company directors deemed to be “moving too slowly” on climate change will face increased pressure from Australia’s largest retirement funds. The Australian Council of Superannuation Investors (ACSI), comprised of 37 superannuation companies, will recommend members vote against the re-election of directors deemed to have fallen short on addressing climate change. ACSI will be communicating with the boards of the ASX200, Australia’s 200 largest publicly listed companies. The move also comes following the release of the book, “The Dictatorship of Woke Capital: How Political Correctness Captured Big Business,” which details how social justice causes now permeate the corporate sector. ....