This Month
Greg Foran goes hard to reverse Air New Zealand’s nose dive
He’s run Walmart and Woolworths supermarkets. Now the rugby-mad Kiwi plans to end half a decade of poor performance with an unusual move to retrofit old planes.
- Ayesha de Kretser
Singapore’s sovereign fund GIC acquires stake in Brisbane Airport
GIC has acquired about 5 per cent of Brisbane Airport at a time when it has posted record revenue and has a $5 billion spending plan over the next decade.
- Sarah Thompson, Kanika Sood and Emma Rapaport
November
- Overall Winner
- Fast 100
This is the fastest-growing company in Australia
Founded by an ex-banker, this air ambulance start-up has achieved 700 per cent revenue growth thanks to business from the cruise industry.
- Primrose Riordan
Macquarie makes 50pc gain in $3b British airport sell-off
The asset manager was forced to sell off three UK airports as it winds down a closed-end fund. It joins a slew of recent transactions in the frothy sector.
- Hans van Leeuwen
‘Categorically, we do not slot hoard’: Qantas denies gaming the system
Executives have been challenged over the airline’s dominance at Australia’s busiest airport – Sydney – in peak periods.
- Tom McIlroy
Qantas claims network advantage will outgun bulked up Qatar
Qantas international boss Cam Wallace says the wet leasing arrangement that facilitates the partnership between Virgin and Qatar cannot be indefinite.
- Ayesha de Kretser and Jenny Wiggins
Import-export firms embrace disrupter Neolink
The Challenger winner of the Business-to-Business category uses AI to decipher thousands of pages of shipping paperwork and speed up deliveries.
- Sylvia Ramsey
October
Sale docs out for Dexus’ stake in Melbourne, Launceston airports
Melbourne airport revenue grew 17 per cent to $1.2 billion in the 2024 financial year, while EBITDA rose 21 per cent to $82.1 million, according to the teaser.
- Sarah Thompson, Kanika Sood and Emma Rapaport
ECM teams salivate over $1b-plus Auckland Airport block trade
Should the deal land this week as expected, it would be among 2024’s largest block trades.
- Sarah Thompson, Kanika Sood and Emma Rapaport
North Queensland Airports owners launch $3b auction; 100pc for sale
It is the first 100 per cent sale of a privately held airport asset with more than 1 million passengers in the past 15 years.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Industrial
Goodbye Sydney: warehouse owners priced out of town
The resulting transport and storage charges will flow on to the cost of living in Sydney, even to the cost of building a new home.
- Updated
- Robert Harley
Local investors roped into British PM Starmer’s pitch to big business
Macquarie and IFM Investors highlighted their UK ambitions, as the new Labour government fought back against perceptions it is hostile to business.
- Hans van Leeuwen
September
Airport valuations take flight as Queensland, Perth airport sales sign
Perth Airport’s holding value was 18-times earnings, while UTA sold at 20-times to – depending on who you ask – 22-times.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Skip, KKR set to revive infra M&A with $3b Queensland Airports deal
The Queensland Airports acquisition signals a re-rating of unlisted infrastructure portfolios, starting with airports, industry insiders told Street Talk.
- Sarah Thompson, Kanika Sood and Emma Rapaport
KKR, Kim Jackson’s Skip Capital win $3b Queensland Airports race
Queensland Airports Limited is KKR’s first airports deal around the world.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
Three-horse race at Queensland Airports; Dexus snags a wingman
Dexus has survived the loss of a bid partner while KKR’s dealmakers seem to have overcome last-minute doubts about lobbing a binding bid.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Commercial real estate
The new high-tech Australian CBD shaping up to rival Singapore
3D printing, semiconductors and advanced packaging are all part of a high-tech mix envisaged for Bradfield city planned for Sydney’s west.
- Campbell Kwan
Major class action against Virgin Australia gathers steam
The central allegation is that the then ASX-listed Virgin Australia used multiple tactics to make its cash position look better than it was – before collapsing into administration. And there’s fresh evidence to back up these claims.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Four reasons why Monday’s biggest deal flew out the door
After a years-long exodus of infrastructure plays on the ASX – from transmission line operators to wind farm owners – it’s slim pickings for local investors.
- Updated
- Anthony Macdonald
Morrison & Co mulls selling Perth Airport stake; TIF, ART tipped to join
Of note, Morrison & Co’s decision to sell could set off a domino effect on Perth Airport’s register.
- Sarah Thompson, Kanika Sood and Emma Rapaport
