Wesfarmers Backers Take Out Some Insurance To Guard Coles Bid

FINANCIERS who backed Wesfarmers' bid for Coles last year have displayed falling confidence in the deal by buying insurance against default by the West Australian giant.

Qantas Bid Funding Has Plenty Of Built-in Insurance To Ground The Risks

THE more that is learned about the funding for the $11 billion private equity bid for Qantas, the more obvious it is that the Airline Partners Australia consortium has taken advantage of a unique capital markets opportunity to take the risks out of a bid that would otherwise have been impossibly risky.

Mother Dies After Delay

THE inquest on a woman who suffered heavy blood loss hours after giving birth has heard she was made to wait almost 40 minutes as her doctor organised for a transfer to a public hospital because she did not have private health insurance.

Businessman Pleads Guilty

FLAMBOYANT businessman Harry Bentley Gordon smiled and looked relaxed as he admitted in Raymond Terrace Local Court to faking his death and conspiring with his wife and daughter to swindle a life insurance company of $3.5 million.

Swindler's Guilty Plea

FLAMBOYANT businessman Harry Bentley Gordon has admitted to faking his death and conspiring with his wife and daughter to swindle a life insurance company of $3.5 million.

Hih: Fodera Now Faces Seven Charges

The Director of Public Prosecutions has laid an additional charge against the former finance director of HIH Insurance, Dominic Fodera: authorising a prospectus containing a material omission.

Prosecutor Piles Up Hih Charges

THE Director of Public Prosecutions has laid an additional charge against former HIH Insurance finance director Dominic Fodera, of authorising a prospectus containing a material omission.

Police Arrest 'dead' Tycoon

A MILLIONAIRE businessman who was thought to have drowned in a boating accident on Port Stephens five years ago was in custody last night accused of staging his own disappearance to claim his life insurance.

Duprez Bows Out In Green And Gold

FORMER Albion Park bowler Brett Duprez will tackle one last international competition before retiring permanently from the sport's top flight.

Hell And Back For Milicevic

AUSTRALIA'S vulnerable defence added an extra piece of insurance with the debut of Ljubo Milicevic against Indonesia on Tuesday.

Flight Risks

JUST because you are above the clouds doesn't mean you are above the law. This month the Federal Government Aviation Transport Security Regulations 2005 come into force, meaning tougher penalties for those who threaten staff. Aviation staff think the regulations don't go far enough, though.

Qantas Presses Ahead On London Jobs

In the face of union opposition, Qantas will today press ahead with plans to establish a 400-strong crew base in London by opening job offers to its 4000 Australian flight attendants.

These Ordinary Men Who Passed Such Extraordinary Tests Of Character

WHEN my father died, on July 17, I was in Zanzibar, in a dingy airport, waiting for a flight that wasn't going to come. By the time the fateful phone call finally did get through, my wife and I were in Mauritius. It was there that the kindness of strangers began.

Business Sector Calls For Tax Cuts

THE State Chamber of Commerce yesterday called on the Carr Government to cut taxes in Tuesday's budget to stop the flight of businesses from NSW.

Hardie Casts A Long Shadow

A sinister killer, a flight to Amsterdam, and hundreds of millions of dollars at stake . . . the asbestos saga reads like a novel. Elisabeth Sexton reports.

Harvey World Travel

It would have been an inspired decision. In August last year, the air ticket retailer Flight Centre, one of the market's darling stocks in recent years, was travelling well as it approached $24 after jumping from $17.40 on April 28, 2003. It was still well shy of its 2002 high of $28.50 on June 7, 2002, but plenty of investors would have been comfortably in the money around $24.

Air Power's Gap Insurance

Befitting Australia's biggest-ever defence purchase, the F-35 jet fighter was controversy-bound from its birth as an eight-nation joint venture dominated by the United States but including $300 million of Australian participation and expertise. There are the obvious concerns. Will Australia get value for money if and when it hands over between $12 billion and $15 billion for 100 of the so-called Joint Strike Fighters? Will the aircraft's capabilities neatly fit strategic needs specific to Australia? Was sel

Museum Of Flight Ready For Take-off

AUSTRALIA'S Museum of Flight is ready for take-off after Shoalhaven City Council approved a $30,000 donation.

Museum Of Flight Bids To Capture A Concorde

PARIS, London, New York ... Nowra. Improbable though it may sound, this may yet be the final route of one of the last remaining British Airways Concordes, due to retire in October.

Shoalhaven Council Acts To Keep Museum Going

AUSTRALIA'S Museum of Flight could have its wings clipped if there is no end to its financial woes.