Elizabeth Knight

Elizabeth Knight

Elizabeth Knight comments on companies, markets and the economy.


Myer boss Bernie Brookes got overpaid for underperformance

Elizabeth Knight Falling profits and a diving share price didn't stop a 27 per cent jump in salary for Bernie Brookes.

Bank dividends may not be sacrosanct after all


Elizabeth Knight With their share registers full of retail investors, the big four have limited latitude to fiddle with dividends. But they may have to in the longer run.

Elizabeth Knight

Malcolm Turnbull to throw Rupert Murdoch a bone – but will it have flesh?

The government may grant some or all of Rupert Murdoch's wish list.

Elizabeth Knight It looks increasingly likely that Rupert Murdoch is set to receive a Christmas present this year courtesy of new Prime Minister Malcolm Turnbull and his Communications Minister, Mitch Fifield

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VW scandal: The cost of deceiving customers and shareholders mounts

Elizabeth Knight.

Elizabeth Knight The Volkswagon emissions manipulation scandal is being called the auto industry's LIBOR moment – when a series of banks systemically manipulated interest rates.

BHP chief underpaid relative to other Australian bosses

Elizabeth Knight.

Elizabeth Knight A major factor in the 43 per cent dive in pay received by BHP Billiton chief executive Andrew Mackenzie was the company's 2015 scorecard on fatalities - it cost him 20 per cent of his short term...

Elizabeth KNight

Fatalities, profits slash BHP chief executive Andrew Mackenzie's pay by 43%

BHP chief Andrew Mackenzie was paid 43 per cent less in 2015.

Elizabeth Knight A major factor in the 43 per cent pay cut BHP Billiton chief executive Andrew Mackenzie copped in 2015 was the company's record on worker fatalities.

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Turnbull's warriors – execution trumps experience

Elizabeth Knight.

Elizabeth Knight Business is crying out for a treasurer that can execute reform.

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Masters is a home improvement haemorrhage

Elizabeth Knight.

Elizabeth Knight New accounts paint a clear and more frightening picture of the troubled chain.

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What QBE may not have disclosed to its shareholders

Elizabeth Knight.

Elizabeth Knight It has taken two years but now shareholders are demanding compensation.

Elizabeth Knight

Westpac chief executive Brian Hartzer weighing cost of customers and technology

Elizabeth Knight.

Elizabeth Knight New Westpac boss Brian Hartzer is trying to woo customers and cut costs at the same time.

How to pull off a billion-dollar comeback

Elizabeth Knight.

Elizabeth Knight A year after she was cleared of criminal wrongdoing, News Corp executive Rebekah Brooks, has been reinstated to her position with greater responsibilities.

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Myer is measuring up the risk for $600 million revamp

Elizabeth Knight.

Elizabeth Knight If there is one word that best sums up the response from investors to the unveiling of Myer's transformation it would be - risk.

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Woolworths - let the financial renovation begin

Elizabeth Knight.

Elizabeth Knight Its day one of the aftermath of the earnings and governance carnage announced by Australia's biggest retailer Woolworths.

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Roger: Over and out - with a parting shot

Roger Corbett laments the failure of the Australian government to update outdated media laws.

Elizabeth Knight Outgoing Fairfax Media chairman, Roger Corbett has thrown a parting grenade at 'outdated' media ownership laws

Networks do it tough as $2 billion is wiped off the value of television licences

Elizabeth Knight To get a real understanding of how tough the free to air television networks are doing it, one need look no further than the massive write-downs in the value of their licences all have posted...

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Woolworths yet to name successor to chief executive Grant O'Brien

Elizabeth Knight The pressure is mounting on retailing giant Woolworths to provide some detail on its progress in overhauling the board.

ASX: Investors should hold their nerve

Elizabeth Knight.

Elizabeth Knight Here is the very simple reason why we are not facing a equity market Armageddon any time soon - the Australian stock market is pretty appropriately priced given the earnings produced by  the...

Big W boss' departure: A disaster Woolies can ill afford


Elizabeth Knight The giant discount department store's strategy is in tatters after Alistair McGeorge abruptly departs amid a scandal involving his workplace behaviour.

Kmart posts standout performance while Target wins most improved

Elizabeth Knight Discount department store brand Kmart must be the darling of the Wesfarmers business after a standout performance for 2015.

Why Qantas' shares didn't take off after $1.6 billion profit turnaround


Elizabeth Knight It sounds almost churlish to suggest that after delivering a $1.6 billion profit turnaround Qantas may have fallen short of expectations. But it has.