Focuses on the growth strategies of the Australian family firm, Thorney Holdings. Advantages of taking strategic stakes in up-and-coming Australian companies with sound management; Management team led by Richard Pratt; Alex Waislitz's complex relationship with the Pratt family.
The article reports that Australia-based Visy Industries Inc. chief executive Richard Pratt is back in court over price-fixing in the packaging industry. Pratt's lawyers are seeking Amcor Ltd. board papers in an effort to prove that the Australian Competition and Consumer Commission conspired with Amcor to bring criminal charges against Pratt.
The article profiles billionaire Richard Pratt, one of the members of the periodical's 2007 Rich List in Australia. Pratt is the founder of the paper and cardboard company, Visy Group. Pratt has announced a $450 million expansion of Visy's pulp and paper mill in New South Wales. He is estimated to be worth $5.4 billion.
Discusses issue related to the move of Richard Pratt,owner of the pulp and paper group Visy Industries, to back out his support for the National Water Initiative (NWI) in Australia. Instances that show how the NWI process lacks leadership; Comments of John Williams, former head of land and water for the CSIRO and founding member of the Wentworth Development Group of scientists advising the government, regarding the failure of the NWI to interpret data related to season forecasting; Effects of Pratt's retreat on the development of the water issue.
Focuses on the water plans of paper magnate Richard Pratt in Australia. Production of the report Business of Saving Water; Strategies for bringing the country's water systems up to world standards; Benefits of the proposal for agriculture.
The article features the top Australian businessmen hit by the global financial crisis in 2008. They are James Packer, Richard Pratt, Bruce Gordon and Gerry Harvey. The paper provides information on the businessmen's 2008 wealth, their investment strategy, key portfolios and their average returns in 2008.
The article profiles Anthony Pratt, the richest person in Australia in 2009 with a $4.30 billion worth of wealth. Anthony has taken the executive role of the manufacturing and investment business of the Pratt family following his father's death, Richard Pratt on April 28, 2009. Anthony handles the Pratt Industries USA Inc. in Georgia and shares ownership of the paper recycling and manufacturing company Visy Industries Inc. with his mother Jeanne and siblings Fiona and Heloise Waislitz.
The article discusses the financial status of the top 10 richest people in Australia. It cites that some in the top 10 richest people have lost millions of their wealth in shares, including Frank Lowy, who has lost $600 million from the value of his Westfield shares, and James Packer, who has lost about $2 billion. Few would have escaped the damage, such as Richard Pratt in paper manufacturer and recycler Visy, mining magnate Gina Rinehart and apartment developer Harry Triguboff.
The article profiles billionaire Richard Pratt, one of Australia's 200 wealthiest individuals in 2008 according to "BRW" magazine's Rich 200 List. Pratt's manufacturing company Visy claims 65 percent of Australian cardboard-box sales. The company has taken steps to assure the market and its customers that its mending its corporate governance. His total wealth in 2008 is worth $5.48 billion.
Reports on donations of several businesses in Australia to tsunami victims in Asia. Founder of telecommunications company, Tangible Solutions, David Watson's fund raising for the benefit of tsunami victims in Asia; Total donations of Frank Lowy's Westfield Group; Financial contribution of the Commonwealth Bank; Richard Pratt's paper and packaging company, Visy Industries' donation through the Pratt Foundation.
Published
2005
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