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flag Leah Weckert wins top business honor for leading Coles’ $1B+ supply chain overhaul.

flag Leah Weckert, CEO of Coles Supermarkets, has been named Financial Review Business Person of the Year for 2025, marking the first time in decades Coles has won the top honor over Woolworths. flag The recognition follows a $1 billion-plus investment in supply chain upgrades that improved inventory, delivery speeds, and pricing. flag The award highlights her leadership in driving operational efficiency and innovation. flag Meanwhile, News Corporation sold its entire stake in ARN Media, exiting its Australian broadcasting investments amid financial struggles and leadership changes. flag In infrastructure, Mike Dorrell left Macquarie Group to lead Stonepeak, advancing private equity’s role in data centers and clean energy. flag In real estate, Rhett Simonds sold his luxury Melbourne home. flag Additionally, rising housing costs in Sydney are prompting more Australians to consider relocating to Toronto, drawn by Canada’s more affordable housing and strong economy.

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