Police & Nurses will undergo a name change after it was granted approval from the Australian Prudential Regulation Authority to trade as a mutual bank.
Industry fund First Super will be selling its News Corp shares after a global push to end Rupert Murdoch's dual role as chairman and chief executive failed.
The future of Telstra Corporation's Trading Post is under a cloud after the competition regulator blocked a proposed deal with online classifieds operator carsales.com.
Broadcaster Nine Entertainment has won a legal battle against some of its creditors who were worried about the structure of $3.3 billion plan to stop the company going into administration.
Fairfax Media may be casting adrift one of its biggest cash generating units when it sells Trade Me, but it needs the money to support its ailing newspapers, analysts say.
Investors have given Ten Network Holdings's latest capital raising a thumbs down amid doubts about the struggling broadcaster's ability to reverse its flagging fortunes.
Mining billionaire Gina Rinehart is keeping the Ten Network guessing on whether she'll take part in the troubled broadcaster's $230 million capital raising.
Troubled broadcaster Ten Network will cut an extra $35 million in costs and tap shareholders for $230 million in response to its recent poor performance.
Mining magnate Gina Rinehart has gathered tributes from advertising millionaire John Singleton and Indian industrialist GVK Reddy for her new book, which she is launching in Sydney today.
Public and government relations firm Cannings Purple has appointed Colin Barnett's former chief of staff and current Fortescue Metals Group executive Deidre Willmott as executive chairman.
Seven Group Holdings managing director Peter Gammell has painted a mixed picture for the diversified media and industrial services group, forecasting a rise in first-half underlying profit for 2012
Seven West Media shares jumped 21 per cent today following strong words from managing director Don Voelte about his commitment to slash costs in order to maintain last year's $226.9 million n
Newspaper print circulation declined further in the September quarter as Australians looked to get their news through digital products, new figures show.
Television broadcaster Ten Network Holdings has confirmed that it is selling its Eye Corp outdoor advertising arm for $113 million to a private equity-controlled company.
Rupert Murdoch's News Limited will double its stake in Foxtel within a fortnight after Consolidated Media shareholders approved a $1.94 billion takeover deal today.
Telstra chief executive David Thodey says strategic decisions the company makes in the next two years will determine its future in a dramatically changed telecommunications market.
Billionaire businessman James Packer has dismissed ongoing speculation he could buy back into the Nine Network, which recently escaped going into administration.
Mining billionaire Gina Rinehart has struck a blow against the Fairfax Media board, voting against the company's executive pay report after a torrid annual general meeting.
Shares in Fairfax Media have gained as much as nine per cent after its executives reassured shareholders a strategic review would help the troubled media company ride out tough trading conditions.
Fairfax Media chief executive Greg Hywood says the embattled media group has investigated a breakup of its assets and found the numbers didn't stack up.
Ten Network is in danger of having to conduct its second capital raising in less than six months, after the $145 million sale of its outdoor advertising business hit a hurdle.
The Nine Network has reportedly staved off administration, with lenders agreeing on a debt-for-equity deal where two US hedge funds and investment bank Goldman Sachs will take a stake in the broadc