Adele Ferguson
Foster's split now seems inevitable
Adele Ferguson Alcohol giant's beer market has suffered national share loss of more than 5 percentage points in the past two years, according to highly confidential market share figures.
Adele Ferguson
A pub with no cheer at Foster's as its market share falls at an alarming pace
Adele Ferguson The clamour for a corporate split at Foster's Group will become louder, and the ascent of the group's new beer head, John Pollaers, to the top job rapid following news that the alcohol giant's beer...
NAB gives refunds for late penalties
Adele Ferguson and Melissa Singer As the telecommunications industry emerges as the next likely battleground in the war on unfair fees, one of the big four banks has been forced to refund millions in late penalties it charged in...
Adele Ferguson
Stick 'em up
Adele Ferguson The banks have been gouging their customers for years. Now it's payback time, writes Adele Ferguson.
ASIC blocked litigation
Adele Ferguson and Eric Johnston THE corporate watchdog blocked efforts by a litigation fund to mount a landmark class action aimed at seeking the return of up to $5 billion in penalty and late fees from banks.
Thousands clamour to join class action
Eric Johnston and Adele Ferguson BANK customers have rushed to join a legal action against much-hated penalty fees, with more than 40,000 people registering their interest to recoup billions of dollars in funds paid to banks over...
Analysis
The campaign kick Rudd can bank on
Adele Ferguson With an election not far away and anger at the banks running hot, the massive class action against the country's big banks couldn't come at a worse time.
Banks sued for billions in 'illegal' fees
Adele Ferguson and Michael West Millions of Australians are being urged to join a class action against the nation's banks, seeking the return of up to $5 billion in penalty and late fees.
Keeping shareholders in the dark is perilous
Adele Ferguson TRANSURBAN's decision to reject a takeover offer from three shareholders, at a hefty 21 per cent premium to its equity issue, will come back to haunt it.
Feeding frenzy as lawyers smell blood
Adele Ferguson, Michael West ONE thousand people an hour have swamped the hotlines at IMF Australia as the litigation firm confirmed it would fund a series of class action lawsuits against the big banks, which it claims have...
Investor Pulse
Few oppose a tax cut on savings, but what of property?
Adele Ferguson The RBA might take pause at this investor survey's results.
Fee gouging: banks face huge class action
Adele Ferguson, Michael West EXCLUSIVE Australia’s banks face the biggest class action in corporate history for overcharging customers some $5 billion in penalty and late fees over the past six years.
Adele Ferguson
Transurban playing for high stakes
Adele Ferguson The next 24 hours will be a watershed in Transurban's corporate history.
Adele Ferguson
Meeting holds the key for Transurban
Adele Ferguson The next 24 hours will be a watershed for Transurban. It will smoke out where three key shareholders sit on the share register, and determine whether the country's biggest listed toll road operator...
Adele Ferguson
High-speed cyber-trade brings risks
Adele Ferguson After a week of high drama on global stock markets, questions are being asked as to whether Australia is equipped to cope with similar technical glitches once multiple exchanges are introduced later...
Adele Ferguson
Wall Street screw-up gives cause to question if Australia is ready for multiple exchanges
Adele Ferguson After a week of drama on global stockmarkets, made worse by the prevalence of computer-driven high-frequency trading and complex trading systems, questions are being asked whether Australia is...
Adele Ferguson
NAB's only real path to growth is to splash out on acquisitions ... but which?
Adele Ferguson When it comes to growing its own business, National Australia Bank fails miserably. In the latest half yearly results, NAB was the only big bank that could not grow income.
Adele Ferguson
Acquisitions are NAB's surest route to growth
Adele Ferguson Business banking and wealth management are the next fields of battle on which it will take on its rivals.
Adele Ferguson
Investors fear Henry response assumes too much about China's growth
Adele Ferguson A slim majority of retail investors support the tax on super-profits.
Adele Ferguson
Assumption of China's growth makes investors wary
Adele Ferguson Day three of the Henry tax review hustings and retail investors have slammed the reforms as bad for the sharemarket and criticised the Rudd government's decision to adopt so few of the 138 proposals.
