New fortune from old money

Article Abstract:

The break up of the Fairfax family business has not been so successful for Warwick Fairfax as it has for his cousins John B. and Tim who invested 68 million Australian dollars in assets in their private company, Marinya Media. One of these assets, Rural Press, has been such a success the Fairfaxes are valued at 950 million Australian dollars.

Author: Rennie, Philip
Finance, Mass media industry, Investments, Fairfax, John B., Fairfax, Tim, Rural Press Ltd.

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When the music stops, this angel wants a chair: venture capitalist Rodney Adler believes there is no such thing as old economy and new economy

Article Abstract:

It is not possible to distinguish between old-economy and new-economy businesses, according to Rodney Adler, founder of venture capital firm Adler Corp. He believes that there will be fewer investments in the future, but they will be of higher value.

Author: Rennie, Philip
Officials and employees, Venture capital companies, Interview, Adler, Rodney, Adler Corp.

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Aussie shares in an updraft

Article Abstract:

Issues are presented concerning the buoyancy of securities listed on the Australian Stock Exchange. The influence which the fall in interest rates has had on investors and company performance is discussed.

Author: Rennie, Philip
Economic aspects, Securities, Interest rates, Debt financing (Corporations), Debt financing

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