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Warren Buffett just took a big risk with the $1.5 trillion giant he built

At face value, 71-year-old farmer Howard Buffett has no obvious qualifications to be appointed chairman of a prestigious company, other than that he is the founder’s son. He couldn’t have a more daunting act to follow.

Warren Buffett just took a big risk with the $1.5 trillion giant he built

We haven't written up this one. The Age has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at theage.com.au →

More in Business

Rising listings, falling demand, drive property prices lower

Australia’s house price correction of -5.7% since mid-April 2026 has now gotten within 3% of the largest downturn in recorded history (40 years), which was -8.6% between October 2017 and May 2019.

  • Australia's housing market faces 5.7% price decline since mid-April 2026
  • Mid-sized capitals like Brisbane, Adelaide, Perth declining faster than Sydney, Melbourne
  • For-sale listings surge in Brisbane, Perth, Adelaide while buyer demand dwindles

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