Elizabeth Knight

Elizabeth Knight

Elizabeth Knight comments on companies, markets and the economy.

Elizabeth Knight

DJs' value lies in bricks and mortar

David Jones

Elizabeth Knight The idea du jour from investment bankers on David Jones is generating some interest in the retailer as a leveraged takeover candidate on the basis its break-up value is higher than its current...

Fight for deposits pushing up mortgage rates, says Clyne

Cameron Clyne.

Elizabeth Knight European debt crisis is no longer to blame for higher Australian mortgage rates, according to NAB chief executive Cameron Clyne.

Elizabeth Knight

Happy customers make for a happy Clyne

Elizabeth Knight The National Australia Bank boss, Cameron Clyne, will not say he has ''made it'', but topping the customer satisfaction charts this week, when NAB was 7.

Elizabeth Knight

NAB fights with one hand tied

Elizabeth Knight dinkus

Elizabeth Knight Cameron Clyne has been re-risking the bank, but the task is not finished.

Competition pushing up funding costs: NAB

NAB will only pass on a percentage of the Reserve Bank's rate cut to borrowers.

Elizabeth Knight THE European debt crisis is no longer to blame for higher Australian mortgage rates, the chief executive of National Australia Bank, Cameron Clyne, says.

Elizabeth Knight

Narev takes safety-first approach

Ian Narev

Elizabeth Knight Under the new management of Ian Narev, Commonwealth Bank is marketing itself as the solid and conservative player in the market - with an eye on longer-term sustainable profit rather than short-term...

Elizabeth Knight

Old virtues the new CBA theme

Elizabeth Knight dinkus

Elizabeth Knight But sluggish quarterly results raise questions of how much pain the bank will absorb.

Purse strings tighten as tailwinds dissipate

Elizabeth Knight, Eli Greenblat THE chairman of BHP Billiton, Jac Nasser, backed away yesterday from commitments to spend $80 billion in growth projects over the next five years - the strongest sign yet the company is pulling back...

BHP boss threatens to invest offshore

Jac nasser

Elizabeth Knight, Phillip Coorey AUSTRALIA'S most influential businessman, Jac Nasser, has slammed the Gillard government's record on tax and industrial relations, saying that unpredictability is undermining investment and could...

Comments 295

BHP goes cool on big spend

BHP chairman Jacques Nasser.

Elizabeth Knight BHP Billiton chairman Jac Nasser yesterday backed away from the company's commitment to spend $80 billion on growth projects over the next five years - the strongest sign yet the company is pulling...

Elizabeth Knight

Pacific Brands' figures not alluring enough

Elizabeth Knight dinkus

Elizabeth Knight Flashing its knickers at corporate suitors has failed to excite the hoped-for interest.

Elizabeth Knight

Suitors leave Pacific Brands on the shelf

Elizabeth Knight Pacific Brands - the company that owns households brands such as Bonds, Berlei, King Gee and Rio - has lifted its financial skirts and shown corporate suitors its undergarments, but found no takers.

Elizabeth Knight

No winners in Rinehart family's war of attrition

Elizabeth Knight When 'trust' goes out of a relationship, a family trust can become a blunt instrument.

Elizabeth Knight

Rinehart sets children on a tax tightrope

New twist in Rinehart family feud (Thumbnail)

Elizabeth Knight Whether this week's move by West Australian iron ore magnate Gina Rinehart to effectively terminate the billion-dollar-plus family trust that owns 23.

Budget won't spark spending spree: retailers

Elizabeth Knight Australia’s major retailers don't expect the budget handouts to send consumers into stores buying discretionary goods.

DJs reshuffle in revival bid

AFR photo Tamara Voninski.  David Jones held it's AGM today 02/12/11 at the Wesley Centre in Sydney.  Photography was banned during the AGM.  A press conference was held after the AGM for the media at the Wesley Centre. Paul Zahra, CEO of David Jones answer questions from the media.

Elizabeth Knight Zahra undertakes major step in attempt to revive fortunes of high-end department store.

Brickbats, few bouquets for Swan's budget

Australian Treasurer Wayne Swan briefs journalists at a media conference on the 2012 Federal Budget held in Parliament House, Canberra, May 8, 2012. Swan said the budget would deliver a small A$1.5 billion ($1.53 billion) surplus in the year to June 30, 2013, thanks largely to cuts in spending on defence and foreign aid and abandoning planned tax cuts for companies and savers. REUTERS/Andrew Taylor   (AUSTRALIA - Tags: POLITICS BUSINESS)

Leonie Lamont, Elizabeth Knight Tuesday's budget came under attack from all sides yesterday, with critics saying it was short-sighted and denied much-needed industry stimulus.

Industry gives a thumbs down to Swan's budget

Wayne Swan

Leonie Lamont, Elizabeth Knight TUESDAY'S federal budget came under attack from all sides yesterday, with critics saying it was short-sighted and denied industry sectors the stimulus they needed.

Elizabeth Knight

Centro deal class-topping

Elizabeth Knight dinkus

Elizabeth Knight Litigation funding may be about to experience a boom.

Elizabeth Knight

Centro class action opens lawsuit door

Elizabeth Knight Budget day is meant to belong to the federal Treasurer, Wayne Swan. He sits centre stage, selling his financial credentials which this year included a budget surplus.