Adele Ferguson

Adele Ferguson

Adele Ferguson comments on companies, markets and the economy.

Adele Ferguson

Independent? Hardly, if tax supremo heads his own board of advisers

Adele Ferguson The Gillard government will soon receive a report recommending the monitoring of the most powerful body in the land - the ATO.

Adele Ferguson

Fear grips investors as rumblings of doom infect global markets

Adele Ferguson dinkus

Adele Ferguson With drumbeat of doom and gloom banging loudly on global economies, it is little surprise that investors are bailing out of equities and currency markets.

Adele Ferguson

As Greece struggles the only thing going up is the fear index

Adele Ferguson With the drumbeat of doom and gloom banging loudly over the global economy, it is little surprise that investors are baling out of equities and currency markets.

First Mover

Markets gripped by fear

Protesters run away from  tear gas canister and a burning barricade during clashes with riot police in Athens' central Syntagma (Constitution) Square June 15, 2011.

Adele Ferguson Local investors have been spooked by the bad news coming out of Greece, demonstrating once again it doesn't take much to prick their fragile confidence.

Comments 28

CommBank runs the ruler over vulnerable insurer

Ralph Norris

Eric Johnston, Adele Ferguson THE chief executive of Commonwealth Bank, Ralph Norris, last year ran the ruler over the Insurance Australia Group, the nation's biggest home and car insurer, with a view to a possible $7...

Adele Ferguson

For an insurer under pressure, it might be a good idea to motor down to Victoria

Adele Ferguson As analysts take the knife to profit forecasts for Australia's big insurers for this year and next, and investors flick the stock, corporate activity within the sector could be set for a feast.

First Mover

Investors brace for retailer downgrades

First mover

Adele Ferguson With two weeks to go until the end of the financial year, investors are dumping retail stocks as they prepare for a spate of profit downgrades in the sector.

Comments 11

Adele Ferguson

Perfect storm brews for embattled QBE as earnings downgrade follows disasters

Adele Ferguson The boss of QBE, Frank O'Halloran, left the market flat-footed last night after holding a snap investor briefing to announce a profit guidance downgrade two weeks before it closes its books for the...

Adele Ferguson

QBE boss signals profit downgrade

Frank O'Halloran

Adele Ferguson QBE boss Frank O'Halloran announces profit guidance downgrade two weeks before books close.

Adele Ferguson

Time for IAG to clean up its balance sheet

First mover

Adele Ferguson CEO Wilkins is sticking to IAG's forecasts even as new tremors rattle New Zealand. Time, though, is running out for him to fix other parts of the business.

Comments 2

Adele Ferguson

Labor must stare down the naysayers and resume trade with secure abattoirs

Adele Ferguson dinkus

Adele Ferguson At 9.30 this morning federal Labor MPs will meet at caucus to vote on whether to ban live meat exports. If a majority favours a ban, it will have

Adele Ferguson

Blame game gets in way of mustering a solution to cattle export problem

Adele Ferguson A cattle export ban will have a profound effect on not just the country's live meat export industry but the many ancillary industries that support it.

Adele Ferguson

See you in court

Andrew Forrest and Julia Gillard

Adele Ferguson The Gillard government's credibility is about to take another battering as one of its more complex and ad hoc tax reforms - the minerals and resources rent tax - faces the threat of a constitutional...

Adele Ferguson

Mining tax a mystery tour

Adele Ferguson dinkus

Adele Ferguson The Gillard government's credibility is about to take another battering as some key players in the mining industry gear up for a constitutional challenge in the High Court.

Adele Ferguson

Controversy over MTAA losses proves the need for more oversight of super funds

Adele Ferguson The latest brouhaha involving one of the country's biggest industry funds, MTAA Super, over how much it did or didn't lose in currency transactions, is a timely reminder of the lack of transparency...

MTAA fund sells assets

Eric Johnston, Adele Ferguson THE $5.8 billion MTAA Super fund has been quietly selling its holdings of infrastructure in recent months, and has appointed the investment bank Macquarie Group to oversee sales of key assets.

Fund offloads key assets

Michael Delaney of the MTA.

Eric Johnston, Adele Ferguson The $5.8 billion MTAA Super fund has been quietly offloading its holdings of infrastructure in recent months, appointing investment bank Macquarie Group to oversee sales of key assets.

Adele Ferguson

Super fund controversy highlights the need for greater transparency

Adele Ferguson dinkus

Adele Ferguson The latest brouhaha involving one of the country's biggest industry funds, MTAA Super, over how much it did or didn't lose in currency transactions, is a timely reminder of the lack of transparency...

Adele Ferguson

Leighton gets reprieve, but board still living on borrowed time

Adele Ferguson

Adele Ferguson The board and some senior executives at Leighton Holdings breathe a deep sigh of relief at the bullet they had dodged when former boss Wal King shot down speculation that he was returning to the...

Adele Ferguson

King is gone but there are plenty of other pieces in play on Leighton's chessboard

Adele Ferguson The board and some senior executives at Leighton Holdings breathed a deep sigh of relief last Friday over the bullet they had dodged when its former boss Wal King shot down speculation that he was...