Adele Ferguson

Adele Ferguson

Adele Ferguson comments on companies, markets and the economy.

Adele Ferguson

Sephora not living up to promises on price

Adele Ferguson Global cosmetics giant Sephora claimed its arrival marked the end of price gouging in Australia, but it's not living up to its promises of lower prices in Australia.

Adele Ferguson

Coles a corporate case study in taking one's comeuppance

The competition regulator put Coles squarely in the spotlight so the giant did the only thing it could – put its hands up and apologised.

Adele Ferguson Corporate Australia would do well to study the way supermarket giant Coles handled explosive allegations of “unconscionable conduct” that will include a review of up to 220 suppliers with...

NBN

Malcolm Turnbull to make NBN better, faster, stronger

Telstra's David Thodey, Communications Minister Malcolm Turnbull, and NBN's Bill Morro.

Adele Ferguson An all-cast press conference is symbolic of the approach Malcolm Turnbull has taken to ensure the $41 billion NBN gets built faster, cheaper and with minimal fuss.

Hard sales tactics behind Timbercorp revealed

Illustration: Simon Bosch.

Adele Ferguson and Ruth Williams For Timbercorp, the key to moving product was 'inciting' financial planners and accountants to push the schemes on their clients – with the help of fat commissions and a range of other...

Investment

Alleged 'fake debts ring' accused of putting Timbercorp assets beyond investors, creditors' reach

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Adele Ferguson and Ruth Williams Authorities are investigating members of an alleged "fake debt bankruptcy fraud ring" accused of using sham debts to shield millions of dollars in assets from Timbercorp creditors and investors.

Michael Van Rens among favoured investors whose projects were bought back by ailing Timbercorp

Timbercorp's liquidator has served writs to hundreds of burned investors.

Adele Ferguson and Ruth Williams Timbercorp bought back several million dollars worth of projects from favoured investors  while staff and the public were given the hard sell to buy the company's investments, Fairfax Media...

Timbercorp victims get four-week respite from writ

Adele Ferguson and Ruth Williams Thousands of victims of collapsed agribusiness spruiker Timbercorp have been given a four-week reprieve from the threat of being served a writ to repay a combined $394 million in loans owed to...

Adele Ferguson

Murray inquiry: Be brave or nothing will change

ASIC, led by Greg Medcraft, needs to toughen up.

Adele Ferguson The success or failure of the Murray inquiry's recommendations will depend on the government, the industry and the regulator’s appetite for change.

Adele Ferguson

New battle looms as Treasury waters down financial adviser register

Adele Ferguson

Adele Ferguson A month after the Abbott government unveiled details of a national public register to track financial planners amid a crisis of confidence following a series of scandals, Treasury has watered the...

Timbercorp liquidators seek to remove Andrew Wily as bankruptcy trustee for Peter Holt

Adele Ferguson dinkus Dinkus

Adele Ferguson Timbercorp’s liquidators have applied to the court to remove Sydney insolvency specialist Andrew Wily as bankruptcy trustee of banned financial adviser Peter Holt.

Finance Minister Mathias Cormann in spotlight over Trio 'broken promise'

Challenge ahead: Senator Mathias Cormann has a problem to resolve.

Adele Ferguson and Ruth Williams Days after losing the battle to dilute financial advice reforms, Finance Minister Mathias Cormann is being accused of breaking a promise to victims of the fraud-ridden Trio Capital.

BHP Billiton digs deep as tough times get tougher

Adele Ferguson dinkus Dinkus

Adele Ferguson The reshaping of the BHP Billiton empire, including its latest commitment to cut $US2.6 billion a year in costs and make other productivity gains, should be a clarion call to mining contractors that...

Adele Ferguson

Woolworths' Project Oxygen leaves supermarkets gasping

Masters' battle with Bunnings has put pressure on the rest of the Woolworths group.

Adele Ferguson With its hardware business Masters struggling, Woolworths has got some serious soul-searching to do.

Adele Ferguson

Finance industry standards report a new headache for Mathias Cormann

Corrman

Adele Ferguson After losing the battle to windback financial advice laws, Senator Mathias Cormann will need to carefully consider how he reacts to a report from an industry working group into the professional,...

Kamikaze government was never going to win on FoFA

Adele Ferguson dinkus

Adele Ferguson The Coalition was always on a kamikaze mission when it decided to back the big end of town over consumers amid a series of financial planning scandals that exposed series flaws in the system.

FoFA

FoFA changes in tatters in body blow to Abbott Government

Federal Finance Minister Mathias Cormann.

Adele Ferguson The Abbott Government has been dealt a major body blow. Its plans to wind back financial advice laws are in tatters after controversial Senators Jacqui Lambie and Ricky Muir decided to band together...

Companies failing to appoint women to boards, survey shows

Adele Ferguson dinkus Dinkus

Adele Ferguson Gail Kelly’s resignation as boss of Westpac will deal a significant blow to the already poor number of female executive directors on the country’s top 100 listed companies.

Indifferent, ignorant, distracted problems with banking go to the top

Adele Ferguson dinkus

Adele Ferguson Senator Nick Xenophon's question whether ANZ's role in Timbercorp and lack of due diligence was "reckless indifference or wilful ignorance" summed up the mood of an urgent hearing at a Senate inquiry...

Adele Ferguson

Big names dominate frozen funds hitlist

Many institutions have continued to charge management fees for frozen funds.

Adele Ferguson In the past eight years more than 170 financial products representing $38 billion of investor money have been frozen, failed or were fraudulent.

Timbercorp

Victims seek olive branch from ANZ over Timbercorp collapse

Sol Rabinowicz

Adele Ferguson and Ruth Williams People who could lose everything fear they will never see the wood for the trees, write Adele Ferguson and Ruth Williams.