The money behind the Australian Grand Prix must stare in envy at the endless parade of horses, hats and money that flock to the Birdcage during Melbourne’s racing season.

Getting a horse in the Melbourne Cup field is an expensive business — even if racing idealists call the Cup an egalitarian race. James Thomson surveys the field of horse owners.

Virgin Australia will swallow low-cost operator Tiger, the company has announced, in a deal that takes the fight up to Qantas like never before.

Power players are fantastic at asking the killer question. They know exactly what to ask and when to ask it. Most of us are fixated on the answer. Power Players think only of the question. And in business, this is one of the smartest things anyone can do.

Barangaroo's new hotel and casino should be built over the water, the former prime minister Paul Keating has urged. He's suggested Premier Barry O'Farrell reverse the decision for the Barangaroo hotel to be erected on solid ground.

Australia's Rich List members love boats: big, expensive, floating-palace-of-the-high-seas boats that cost a large fortune to own and a smaller fortune to run. But owning a big motor yacht or super-yacht isn't always smooth sailing.

So, has young Jimmy been sacked, demoted, or shown the door for the phone hacking that took place at News International? Well, no. He’s been promoted and awarded a US$5 million cash bonus for having such a great year.

Bleak house or happy house? It depends on which newspaper you read, following the visit to Adelaide yesterday by BHP Billiton CEO Marius Kloppers. So, just what is the status of the Olympic Dam expansion plan?

Once upon a time, perhaps when James Packer’s disastrous Las Vegas casino play was tanking, a journo trying to squeeze a word out of his mouth would have hit a permanently engaged signal. Not anymore.

Many will admire the Fairfax board's stand to block Gina Rinehart. But from a business standpoint, the board is now in a very difficult position and has raised some really big questions.