Adele Ferguson

Adele Ferguson

Adele Ferguson comments on companies, markets and the economy.

The brutal politics of privatisation stark after Queensland election shock

Adele Ferguson The shock election loss in Queensland has turned infrastructure into a political minefield.

Adele Ferguson

Government mulls giving ASIC power to change financial planning products

Adele Ferguson dinkus Dinkus

Adele Ferguson New Assistant Treasurer Josh Frydenberg wants to restore confidence in the scandal-ridden financial advice industry, considering a controversial proposal to give product intervention powers to ASIC.


Retirement savings at risk from focus on domestic equities: Goldman Sachs

Adele Ferguson The country’s growing army of retail investors and SMSFs are putting their retirement savings at risk by chasing dividend yields, according to Goldman Sachs Asset Management (GSAM).


Australian sharemarket one of the worst global performers in 2014

The Australian sharemarket managed a return of less than 2 per cent, compared with a 15.1 per cent return in 2013.

Adele Ferguson The Australian sharemarket ranks as one of the worst performers relative to its global equity market peers in 2014, amid a softening economy and dramatic falls in oil and iron ore prices.


Financial Services Minister Josh Frydenberg to have busy barbecue season

Adele Ferguson dinkus Dinkus

Adele Ferguson You can almost hear the sultans of spin doctoring reworking their diaries over the holiday break to meet the new Minister for Financial Services Josh Frydenberg, who will be "immersing" himself in...


Tony Abbott should have demoted himself

Adele Ferguson dinkus

Adele Ferguson When the Abbott Government shuffled the ministry at the weekend he should have blackballed himself as minister for women.

Comments 372

Adele Ferguson

Big overhaul for financial adviser standards

Adele Ferguson dinkus Dinkus

Adele Ferguson The financial planning industry is set for a massive overhaul of its education standards, level of professionalism and ethics, after a powerful set of recommendations by the Parliamentary Joint...


Sephora in damage control over broken Australian price promise


Adele Ferguson International cosmetics giant Sephora has gone into damage control amid a customer backlash over revelations it is flouting promises that it would not engage in price gouging.

Comments 18

Adele Ferguson

Sephora not living up to promises on price

Sephora store in Sydney.

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.

Comments 7

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...


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.

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...

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...


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


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.

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...

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...

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.

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.

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...