Peter Ryan,

Peter Ryan

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Past articles by Peter:

Virgin Australia bidder Cyrus Capital Partners withdraws

One of the two final shortlisted bidders has withdrawn its offer to buy out Virgin Australia, just days before the successful bidder was due to be announced. → Read More

ABC to pay $600k 'contrition payment' over underpayment of 1,900 casual staff

The national broadcaster reaches agreement with the Fair Work Ombudsman to make a "contrition payment" for underpaying more than 1,900 casual staff over several years. → Read More

Not enough liquidators to deal with coronavirus-related corporate collapses, ASIC warns

The nation's financial system could come under enormous pressure when emergency government support unleashed during the COVID-19 crisis begins to unwind, according to Australia's corporate watchdog. → Read More

Superannuation withdrawals spent on gambling, alcohol, takeaway food: report

Emergency access to superannuation during the COVID-19 shock triggers a spending spree for some Australians, who are splashing cash on gambling, alcohol and takeaway food rather than essential household items. → Read More

News Corp going digital is the latest sign of the Murdoch empire's struggles

With classified advertising "rivers of gold" long gone and Foxtel struggling to survive against multinational streaming giants, Peter Ryan looks at whether News Corp has a future in Australia. → Read More

Analysis: Alan Jones' retirement will spark mourning or celebration, depending on who you ask

Conservative radio king Alan Jones' influence over Australian politics and media is unparalleled, but whether he was a destructive or positive force depends on who you talk to, writes Peter Ryan. → Read More

Global bank HSBC owns up to potential anti-money laundering law breaches

HSBC's Australian arm says it is investigating an unspecified number of potential breaches to anti-money laundering laws by failing to report international transfers. → Read More

AGL boss says 'the lights will stay on', even in worst-case coronavirus scenario

Brett Redman says contingency plans are being constantly updated to ensure the energy giant's generators remain secure as it manages the risk of workers contracting the coronavirus. → Read More

Coronavirus to leave Australian economy in the doldrums for some time, says Reserve Bank

A swift economic recovery from the coronavirus outbreak is very unlikely and the pandemic will have a significant effect on Australia's national finances, according to the Reserve Bank. → Read More

Coronavirus fallout could take Australian economy decade to recover from, KPMG says

Modelling by the advisory firm KPMG suggests the potential for a fully blown global economic crisis, while not imminent, is now very real. → Read More

Australia's energy reliability at 'critical' levels, even as power prices fall

Threats to the reliability of Australia's electricity network are now at critical levels warns a government body, even as renewable energy is pushing power prices lower. → Read More

Qantas slashes flights to Asia as it warns coronavirus outbreak could cost it $150 million

The airline will cut flight capacity to Asia by 16 per cent for Qantas and by 14 per cent for Jetstar until at least the end of May, as demand for Hong Kong, Singapore and Japan routes slumps. → Read More

NBN Co posts half-year loss but CEO Stephen Rue says project near completion and on budget

The $51 billion National Broadband Network will be completed on time and on budget by June this year, the infrastructure project's chief executive Stephen Rue confirms, as the company's half-year loss soars past $2 billion. → Read More

James Packer's Crown share sale to Melco scuppered by coronavirus casino shutdown

The coronavirus epidemic threatens to derail James Packer's controversial deal to sell almost 20 per cent of his Crown Resorts casino empire to Hong Kong gaming tycoon Lawrence Ho. → Read More

Buy now, pay later services bring in new code of conduct

So-called buy now, pay later firms sign up to a new industry code of conduct to protect borrowers, in an attempt to head off regulatory intervention. → Read More

AFCA warns bushfire victims targeted by 'bullying' insurance middlemen

The financial complaints watchdog is warning victims of the recent bushfires about potentially dodgy middlemen offering to broker quick payouts with insurance companies. → Read More

ATO raids net hundreds of Australians in global money laundering bust

The ATO says hundreds of Australians are being investigated for tax evasion and money laundering as part of global operation centred on a Central American bank. → Read More

Westpac in 'good shape' despite the money laundering scandal, says new chairman John McFarlane

Westpac's new chairman John McFarlane says the bank is in really good shape as it deals with the fallout of a money laundering scandal and was surprised it was caught up with links to paedophile activity in the Philippines, but says these things happen. → Read More

Westpac picks John McFarlane as new chairman to deal with money laundering scandal

Westpac picks veteran banker John McFarlane to be its next chairman as it confronts the fallout from a massive money laundering scandal revealed last November. → Read More

NAB trustees hit with class action for 'mismanaging' retirement savings

NAB's superannuation trustees have been hit with a new class action for allegedly ripping off more than 330,000 clients. → Read More