Business
Thousands of jobs on the line as Australian billionaire Lex Greensill’s empire teeters on the brink of collapse – NEWS.com.au
Thousands of jobs on the line as Australian billionaire Lex Greensill’s empire teeters on the brink of collapse
A Bundaberg farmer-turned globetrotting billionaire is this week staring down the collapse of his financial empire and thousands of Australian jobs could hang in the balance.Lex Greensill, who famously grew up on Australia’s largest sweet potato farm before embarking on a high-flying career in finance, is racing to save his troubled lender Greensill Capital after investment bank Credit Suisse on Monday froze billions of dollars of funding, kicking off an explosive chain of events that has rocked…
-
General18 hours agoByford rail extension opening marks final stage of Perth Metronet
-
Noosa News24 hours agoFatal traffic crash, Baringa – Sunshine Coast
-
General19 hours agoMango the muster cat draws attention to western Queensland’s ongoing recovery
-
Business22 hours agoWhat $10,000 invested in the iShares S&P 500 IVV ETF could be in 10 years