Adele Ferguson

Adele Ferguson

Adele Ferguson comments on companies, markets and the economy.

First Mover

Dollar's rally means downgrade season ahead

First mover

Adele Ferguson With the dollar entrenched above greenback parity, it's only a matter of time before companies follow BlueScope Steel's lead and start downgrading earnings.

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Adele Ferguson

Gathering storms could leave insurers under the weather

Adele Ferguson

Adele Ferguson More ugly surprises are likely to cause further woes for QBE.

First Mover

QBE's $US1b debt sale shores up defences

First mover

Adele Ferguson QBE raises $US1b in subordinated debt in US markets to strengthen its balance sheet as another active hurricane season looms.

Adele Ferguson

Hardie caravan still bogged down in tax

Adele Ferguson

Adele Ferguson Shareholders welcome latest plan, but it won't help the asbestos fund in the short term.

First Mover

James Hardie invites fresh asbestos scrutiny

First mover

Adele Ferguson James Hardie's' knack of attracting controversy over its complicated tax structures and asbestos fund is on display again.

Adele Ferguson

Third-party clearing an issue that should be addressed in ASX review

Adele Ferguson

Adele Ferguson When global equities clearing house Penson Worldwide sustained a massive 40 per cent fall in its shares last week after disclosing some troubles with horse-track-backed bonds, it put the focus...

Adele Ferguson

Penson's growing dominance in third-party clearing market worries local investors

Adele Ferguson When the global equities clearing house Penson Worldwide suffered a massive 40 per cent fall in its shares last week after disclosing some troubles with horse-track backed bonds, it put the focus...

Bendigo's community spirit has a hefty price

Adele Ferguson, Rafael Epstein When retired auditor John Williams doesn't like what he see or hears, he crunches numbers. And when it comes to Bendigo and Adelaide Bank's community bank model, he has been crunching a lot of...

Investors query struggling Bendigo Bank branches

Raphael Epstein, Adele Ferguson ONCE hailed as the financial saviour of small towns, Bendigo Bank is under attack from local residents as their branches struggle to survive and communities subsidise the bank's rapid plans for...

Franchise bank model turns sour

Bendigo

Rafael Epstein, Adele Ferguson When retired auditor John Williams doesn't like what he hears, he crunches numbers.

First Mover

Battering looms for Qantas brand

First mover

Adele Ferguson The on-again, off-again industrial action threatened by unions at Qantas will leave the airline's brand battered even if every flight goes to schedule

Adele Ferguson

No joy for Joyce as he maps a flight path through heavy union turbulence

test dinkus of Adele Ferguson for iPad

Adele Ferguson Qantas boss about to experience his toughest challenge since he took the top job in 2008.

First Mover

Numbers fall Tabcorp's way on keno deal

First mover

Adele Ferguson With less than two months to go until Tabcorp's much touted demerger, it has announced that its newly-awarded Victorian keno licence will cost $60 million and contribute $180 million to earnings over...

Adele Ferguson

Hochtief truce with ACS signals new turn for embattled Leighton

Wal King (left) David Mortimer and David Stewart.

Adele Ferguson The battle to control the country's biggest construction company, Leighton Holdings, will take another turn following a peace deal expected to be brokered this week between Spanish construction giant...

Adele Ferguson

Toppled King sails back into view as a battle royale looms in Leighton boardroom

Adele Ferguson The battle to control the country's biggest construction company, Leighton Holdings, will take another turn after a peace deal was brokered between the Spanish construction giant Grupo ACS and...

How Australia fell off the map of the international traveller

Tourism

Adele Ferguson After just two minutes with James Packer you can sense his frustration. Australia's highest profile billionaire is spending about $2 billion upgrading his Melbourne and Perth casinos to attract the...

Tourism needs to lift its game: Packer

James Packer

Adele Ferguson Billionaire James Packer calls on government to become more accountable for the $500 million they dole out to tourism bodies to market Australia.

Adele Ferguson

'Pull your finger out, Australia'

James Packer

Adele Ferguson Casino king James Packer is concerned that our tourist industry is out of place, out of step and running out of time to cash in the vast riches on offer from Asia, writes Adele Ferguson.

Packer's $1.3b gaming palace

Crown Casino

Adele Ferguson In the private gaming salons on the 39th floor of billionaire James Packer's Crown Casino, turnover on a baccarat table can be $30 million an hour.

First Mover

NAB surprises again - with a positive result

First mover

Adele Ferguson After years of disappointments and financial tricks to tart up headline profit numbers, NAB releases a set of figures that cheered investors.

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