The company appointed a chief executive last December when Kevin Bannigan resigned from his executive role, although he remains a director. The company's advertising slogan is 'It took Kambrook to think of it'. It was a big seller, and a flood of successful new products have been coming off the Kambrook production lines ever since. He hit pay-dirt in 1970 when he invented a multi-outlet powerboard. The Bannigan brothers own 78% of Kambrook, the company founded by Frank as an electrical contracting business in 1964. Manufacturing (electrical/electronics equipment). The family has turned its attention more towards film production in recent years, its most notable box-office success to date being Strictly Ballroom. Another son, Ted (who died in 1992), took the family into the pop music business in the 1960s and Albert Productions was a dominant force in the industry during the 1960s and 1970s. Management of the family's business activities is handled by Sir Alexis's sons Anthony and Robert. Today its radio holdings include MIX-FM in Sydney, 3TT-FM in Melbourne, 4BC in Brisbane and a number of regionals. This led the family into the radio industry. Piano singalongs were popular home entertainment in the days before radio and television, and the Alberts capitalised on it, establishing a successful business publishing sheet music. The path to wealth for Sir Alexis Albert has its genesis in The Boomerang Songbook, which was compiled by Jacques Albert, a Swiss migrant who arrived in Australia in 1884. One of the new ventures is the Australia Meat Pie Company, a food processing company in Russia. These days he looks after his substantial property holdings, owned in partnership with Sir Arthur George, and is embarking on a number of trading ventures with John Elliott. He quit that position last year after failing to have the board adopt his plan for the company's future. Abeles stood down as chief executive in 1992 but remained on the board.

He had an autocratic management style but he began to lose control of the group in the late 1980s as it struggled with massive debt and some poor business decisions. In 1979 he and Murdoch made a joint bid for Ansett Transport Industries. The company grew to be one of Australia's biggest and Abeles gathered around him such business and political allies as Rupert Murdoch and Bob Hawke. In 1967 Alltrans was taken over by TNT but Abeles emerged at the head of the new group. He started his own transport company, Alltrans, the following year. Peter Abeles was penniless when he arrived in Sydney from Hungary in 1949.

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