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Cement is considered in key manufacturing product that is difficult to produce while also lowering greenhouse emissions.

Union backs Boral in emissions bunfight

The AWU warns against investment funds “hounding” companies on emissions targets to the point where industry is at risk.

  • Simon Evans
Rich Lister Raphael Geminder launched a buyout offer for the rest of Pact Group in mid-September.

Rich Lister angry over independent expert’s Pact valuation

Raphael Geminder’s Kin Group, which is trying to buy out the rest of the packaging group, says the Middle East conflict will make things tougher for Pact.

  • Simon Evans

This Month

Rich Lister Raphael Geminder launched a buyout offer for the rest of Pact Group in mid-September.

Takeover target Pact cuts 175 jobs, pursues asset sales

Rich Lister Raphael Geminder’s miserly buyout offer for the packaging group is struggling to gain traction.

  • Simon Evans
Bendix Brakes has been manufacturing brake pads and the like from its Ballarat factory since 1955.

Bosch parks Bendix Brakes on the sale block; MacCap hired

It is not known how advanced the MacCap-led process is, however, sources suggested it was well-progressed.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
WA builder BGC has been accused of blame-shifting by Fletcher Building over Iplex pipe leaks in a large number of new homes built between 2017 and 2022.

Fletcher Building accuses BGC of blame-shifting in plumbing nightmare

CEO Ross Taylor says Fletcher has not been drinking its “own Kool Aid”, with poor installation by WA plumbers the issue in high leak rates in new homes.

  • Simon Evans
Rich Lister Raphael Geminder owns just over 50 per cent of Pact Group. But independent directors have told shareholders to reject a buyout offer of 68c, with the company valued much higher.

Billionaire’s buyout offer for Pact labelled too cheap

Independent directors say Raphael Geminder’s offer is opportunistic, with the shares, valued between $1.06 and $1.51, being well under a 68¢ a share bid.

  • Simon Evans
Boral boss Vik Bansal

The startling reason Boral is stopping production almost every day

Vik Bansal, chief executive of the building products giant, has provided a reality check on how the energy transition is actually rolling out for the Australian industry.

  • James Thomson
French giant Legrand’s global chief executive Benoit Coquart at the company’s factory at Prestons in Sydney.

Power-socket giant eyes housing upturn in 2024

The CEO of Legrand, a $38 billion French giant with a factory making switches in south-west Sydney, thinks electricians are likely to be busier next year.

  • Simon Evans


Jens Goennemann, managing director of the Australian Growth Manufacturing Centre

Government bets on a manufacturing future

Australia’s ability to revive domestic manufacturing without ending up in an economic cul-de-sac is a key policy question for this decade.

  • Updated
  • Jennifer Hewett
Despite a shortfall in housing, new dwelling approvals have fallen in the last year.

Brickworks boss says housing shortage is worse than expected

Higher energy and labour expenses offset a rise in revenues at the building materials group. But demand for bricks and tiles is an underlying strength.

  • Simon Evans
Elke Pascoe, the founder and CEO of LittleOak, a goat’s milk infant formula company.

‘Protect your dream’, says LittleOak infant formula founder

A goat’s milk infant formula business sprang from a mum’s frustration, but optimism and enthusiasm is now the driving force.

  • Simon Evans
Iron ore demand in China is increasing as Beijing rolls out economic stimulus.

Surge in China steel making buoys iron ore miners, hurts local producers

The uptick is expected to gather pace despite an edict for output to be curbed in a bid to reduce carbon emissions, analysts and fund managers say.

  • Simon Evans
Copenhagen’s Nyhavn Harbour. Denmark’s GDP increased 1.7 per cent in the first half of this year, largely because of Novo Nordisk.

The single company propping up an entire economy

Pharmaceutical giant Novo Nordisk’s first-mover advantage in weight-loss drugs has singled-handedly saved Denmark from recession. How long will the ride last?

  • Hans van Leeuwen

Who’s next? Divorcing the ASX can bring hidden payday

Unloved companies are disappearing from the ASX through private equity buyouts, privatisations and voluntary delistings.

  • Simon Evans
Rich Lister Raphael Geminder owns 50.004 per cent of Pact Group and wants to buy the rest.

Rich Lister Raphael Geminder’s other packaging disaster

The billionaire wants to take Pact Group off the ASX, but another listed group in which he owns 66pc has also suffered a big slide.

  • Simon Evans
Fairfax Media

Billionaire Geminder moves to take Pact private

The board of the packaging group told shareholders to ‘take no action’ for now, but Raphael Geminder already owns just over 50 per cent of Pact.

  • Updated
  • Simon Evans
Billionaires keep making deals.

Geminder joins deal-making billionaires as they charge into battle

Rich Lister Raphael Geminder’s move to take Pact Group private is pitched as a way to end minority shareholders’ pain.

  • Anthony Macdonald
Demand for explosives is solid at the Dyno Nobel arm owned by Incitec Pivot

Fertiliser downturn at Incitec Pivot but sale talks still on

Farmers are shifting further towards lower-margin fertilisers, and the group is also grappling with production issues at a Queensland plant.

  • Simon Evans
Reg Weine is Bubs new CEO, with chairwoman Katrina Rathie.

Bubs boardroom battle responsible for cost surge, company says

The infant formula group’s board led by former King & Wood Mallesons partner Katrina Rathie, survived a push by the company’s founders to oust them.

  • Carrie LaFrenz
Recreation Brands makes windows and annexes for caravans.

PE-backed RV accessories maker Recreation Brands taps Miles Advisory

Mid-market private equity investor Seneca Capital is revving up to meet potential investors for its RV accessories maker and distributor Recreation Brands.

  • Sarah Thompson, Kanika Sood and Emma Rapaport