City Melbourne Financial News
10.09 / 13:03
Ball
Remark
Dreams
Chase
Celebrity
performer
Glenn Maxwell delays surgery to pursue dual World Cup dreams amid fierce selection battle
Glenn Maxwell has decided to postpone a potential surgery to remove pins from his previously shattered ankle. This decision is driven by his determination to chase his dual World Cup dreams, despite facing stiff competition for a spot in the national squad. Maxwell's ankle troubles began in November of the previous year when he suffered a severe fracture during a lighthearted incident at a friend's 50th birthday celebration, just on the eve of the Twenty20 World Cup final in Melbourne. Following the fracture, surgical intervention was necessary, and pins were inserted to expedite the healing process. Now that his leg has fully healed, Maxwell has the option to undergo surgery to remove the pins. However, this procedure and the subsequent recovery period would require approximately six weeks of his time. Given the upcoming cricket season, which features both an ODI World Cup in India and a T20 World Cup in the Caribbean and the United States, the 34-year-old Maxwell cannot afford to be sidelined for such an extended period.
08.09 / 00:25
CEO
Racing
Entertainment
awards
rights
Nine alone in Melbourne Cup rights race after Seven withdraws
Seven West Media has withdrawn from what was a two-horse race for the Melbourne Cup broadcast rights, leaving Nine Entertainment the likely winner.
03.09 / 10:29
Citi
FIVE
Strategy
show
performer
audience
fall
Assess presenters one by one to halt audience fall: ABC Radio review
An internal review of the ABC’s flagship capital city radio stations has recommended the performance of all presenters and hosts be individually assessed to turn around a significant slump in audiences.
03.09 / 10:29
UPS
Target
Career
Forrester
UBS
performer
Fortescue to front investors as market demands energy spend details
Fortescue Metal’s new mining chief executive, Dino Otranto, will meet with the company’s local investors this week after a volatile period during which his predecessor left after just six months in the top job and with brokers warning shareholders were in the dark about the board’s risk appetite.
01.09 / 05:23
COST
Booking
Action
Airlines
performer
country
This Qantas Platinum flyer is choosing Virgin after 39 years
Neil Pharaoh is a loyal Qantas Platinum frequent flyer who has flown with the airline since he was born. But he’s considering switching to Virgin after half his flights were cancelled or delayed in the past year.
31.08 / 14:25
31.08 / 12:43
BTC
ETF
SEC
Lawyer
Web3 Lawyer Predicts US Crypto Upturn After Key Industry Wins This Year
Digital asset lawyer Jeremy McLaughlin has expressed optimism on a re-ignition of the United States cryptocurrency market following landmark wins recorded by Ripple and Grayscale over the Securities and Exchange Commission (SEC).
31.08 / 11:07
regulation
Bitcoin Scams
Bitcoin
Crypto scams
Scammer
Breaking victim ‘trust’ in scammer is key to beat crypto scams, exchanges say
Cryptocurrency exchanges in Australia have been increasingly communicating with their users as part of preventative measures against scams. According to local crypto firms, such communication is the key to preventing scams as it is able to “break trust” between victims and scammers.
31.08 / 06:23
business
regulation
SEC
Court
Lawyer
Courts
Crypto may see second wind in the US as courts 'rein in the SEC' — Lawyer
There are hopes that the United States could see a new crypto resurgence after several rulings this year have seen court judges “rein in the SEC,” according to a digital asset lawyer from K&L Gates.
30.08 / 01:15
UPS
SUN
Parke
show
country
electronic
Chinese Australians made to feel unwelcome by local media: study
Henry Luo was walking through a park in Sydney with his elderly father and two toddlers when a stranger approached him, kicked a fence and screamed at him about Chinese people hoovering properties in Australia.
28.08 / 08:37
COST
Booking
Progressive
Airlines
performer
Qantas reveals another $100m in flight credits
Qantas says it is still sitting on more than $500 million worth of its customers’ money in flight credits, but that it could not quantify the exact amount because it changes daily.
28.08 / 04:17
COST
UPS
Citi
Provident
EY stands by original business case for cancelled Games
Consultants say they stand by their work done on the original business case for the 2026 Commonwealth Games, despite the Victorian government later claiming costs had more than doubled when they cancelled the event.
23.08 / 09:49
UPS
FIVE
Pool
UBS
expansion
Financial
Jefferies Financial to hire 10 investment bankers for India expansion: Report
investment bankers in India as the US advisory firm looks to beef up its operations in the world’s most populous nation, people familiar with the matter told Bloomberg. As per the report, the firm is looking to add bankers in ranging from associate to managing director in order to expand its team in India to about 25 people. These new positions will focus on sectors such as infrastructure and industrials, said the people to Bloomberg, who asked not to be identified as the information is private.
22.08 / 05:37
FIVE
Art
Digital
Williams
Ita Buttrose to step down from ABC
Ita Buttrose has told the government she will not seek a second term as chairwoman of the influential ABC board, and plans to step down when her term expires in March next year.
21.08 / 09:41
UPS
Provident
Target
Solomonic
UBS
The Premier split could unlock more than $1b in value
Happy days for UBS deal makers Kelvin Barry and Jon Mant, who have snagged the lucrative gig of advising Premier Investments on whether to split the Solomon Lew-controlled retail and investment group into four separate ASX-listed companies.
17.08 / 06:13
UPS
Patrick
blues
Cripps or Kiefel? Caught between a ruck and a known face
Carlton captain Patrick Cripps or High Court Chief Justice Susan Kiefel?
17.08 / 03:47
UPS
Citi
Aware
Parke
Celebrity
‘Senseless’ vandals and ‘flare-throwing idiots’ ruin World Cup party
Senseless vandalism that made a nightmare of the journey home from the Matildas’ joyous World Cup semi-final in Sydney and idiotic spectators at Melbourne’s biggest fan site turned what should have been a night of celebration sour for many.
16.08 / 08:57
16.08 / 08:29
UPS
Provident
TikTok
social
‘I joined the club’: GST tax fraud nets good behaviour release
A Victorian woman avoided jail after repeated efforts to have more than $115,000 in fake GST payments paid out to a dog grooming business that had been set up over a decade earlier but remained dormant until early 2020.
16.08 / 00:05
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