Heroes became villains and green became gold – or at least copper. Here are the biggest thrills and spills from a huge year in business.
As Australians head for the airport and their summer holidays, it’s a good time to reflect on one business leader who defied characterisation in our annual good, bad and ugly list: Qantas chief executive Alan Joyce.
If anything, 2023 looms as an even more fascinating year, when the true impacts of war, rising interest rates and a spluttering energy transition are fully felt. But that’s tomorrow’s story. For now, bask in a year of stunning highs and staggering lows.Whatever you think of Atlassian’s billionaire co-founder Mike Cannon-Brookes, there’s no denying he shook Australian business to its core this year.First came his audacious low-ball bid for AGL Energy in partnership with Canada’s Brookfield.
While Forrest’s green hydrogen revolution is at least a decade away, this month the billionaire instantly made himself a major player in Australia’s energy transition with the $4 billion acquisition ofHe is now the country’s largest owner of renewable energy assets, with 2.4 gigawatts of wind, solar and firming projects either operating or in the late stages of construction, and a 20 gigawatt pipeline of long-term projects.
Communication is arguably the second most important tool for a central banker, behind interest rates. For the RBA governor to suggest punters shouldn’t listen to him is bizarre.You know you’ve got a problem when a $250 million writedown on a failed software project isn’t your biggest problem.
Within weeks, the company’s co-founder and talisman, Hamish Douglass, had departed on medical leave, never to return in a full-time role. The performance of the company’s funds has sunk, as have funds under management – from $116 billion in November last year to just $50.2 billion a year later. NewFormer Star chairman John O’Neill and former CEO Matt Bekier.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Myanmar’s junta blamed for deaths of more than 160 children in 2022Exiled National Unity Government says figure is a rise of 78% on last year, following February 2021 coup
Read more »
Cups and downs: The good, the bad and the ugly side of sport in 2022Sydney Morning Herald and Age reporters break down the biggest talking points of the year in an article that will be updated with a new sport every day.
Read more »
Fourteen things we were hooked on in 2022We asked staff about their favourite entertainment in the past year and their responses were surprising and varied.
Read more »
Getty unveil the top-10 most amazing sports photographs of 2022As the world bounced back from the pandemic, our athletes turned on the spectacular, and the snappers caught it all on film.
Read more »
Ten top AFR Magazine reads in 2022This year, writers went behind the scenes and analysed the big themes that defined Australia’s year in business and beyond.
Read more »