Elizabeth Knight

Elizabeth Knight

Elizabeth Knight comments on companies, markets and the economy.

Elizabeth Knight

A little less persuasion, a bit more compulsion

Elizabeth Knight Six weeks ago, when Tjeerd Jegen moved into one of Australia's biggest retail jobs - running the giant Woolworths supermarket chain - he called an urgent meeting with the group's head of human...

Elizabeth Knight

Lew backs his Premier retail in tough fight for cash

Elizabeth Knight dinkus

Elizabeth Knight Solomon Lew's shares in his Premier Investments have plunged along with most other retailers.

Elizabeth Knight

BHP's $20b shale bet will be debated until return is clearer

Elizabeth Knight UBS investment's highly rated resources analyst, Glyn Lawcock, has produced a research report on BHP's US shale play with the understated title – "US shale, another one for the grandkids".

Paint or politics, bank chief had to weather the spray

Elizabeth Knight

Elizabeth Knight It was just on a year ago. The Commonwealth Bank boss Ralph Norris was engaging in his daily constitutional wog, as he calls it (walk meets jog), around his locale, the top-notch Sydney eastern...

The world according to Norris

Ralph Norris.

Elizabeth Knight Commonwealth Bank boss Ralph Norris reflects on his time at the helm as he prepares to leave.

Elizabeth Knight

Rebored mining tax leaves hole in plans

Elizabeth Knight dinkus

Elizabeth Knight The Labor government has simultaneously ticked the box on getting the Minerals Resource Rent Tax through the Lower House and left a trail of debris and budgetary uncertainty.

Elizabeth Knight

Star-crossed BlueScope tempts fate with raising

Elizabeth Knight Bluescope Steel's $600 million equity issue, pitched at a 34.4 per cent discount to the prevailing share price, smacks of desperation - of a company that cannot trade its way out of the structural...

Elizabeth Knight

BlueScope dash for cash not good look

Elizabeth Knight Its problems may not all be of its own making, but it meant a Clayton's choice for shareholders.

Elizabeth Knight

Telstra's good news lost in the static

Elizabeth Knight Telstra managed to hijack its own show on Friday. It unintentionally drowned out the positive news by diverting attention to the bad news - the decline in Sensis - and the non-news, the creation of a...

Elizabeth Knight

PM may be a sovereign risk, but she's not alone

Elizabeth Knight Abuzz passed around the financial markets yesterday based on talk that Julia Gillard had mobilised the Electoral Commission in preparation for a federal election as early as February.

Elizabeth Knight

Cabcharge CEO has a lash at two-strikes rule

Elizabeth Knight Proxy advisers cop a big spray from Reg Kermode in annual meeting attack.

Elizabeth Knight

Reg strikes back: Cabcharge chief takes pot shot

Elizabeth Knight The larger-than-life founder, chief executive and chairman of Cabcharge, Reg Kermode, came out swinging in front of shareholders at the company's annual meeting yesterday.

Elizabeth Knight

Corporates cut banks out of the equation

Elizabeth Knight Yesterday's announcement by Origin Energy that it would raise $500 million via an unsecured note issue goes some way to explaining why Australian banks are not delivering the super profit growth of...

Elizabeth Knight

Headwinds blow stronger for banks

CBA runs rule over IAG (Thumbnail)

Elizabeth Knight Despite the populist view that banks are rolling in money, the CBA quarterly result update provides the market with plenty of evidence that it is getting harder out there in bank world.

Comments 11

Elizabeth Knight

Pace of change keeps pressure on media

Elizabeth Knight dinkus

Elizabeth Knight At Seven West Media's annual meeting this week Kerry Stokes will get the opportunity to update the market on how his media assets are faring.

This time the contagion really will go global

Elizabeth Knight Welcome to the global economy. The profligacy of Greece, Portugal, Spain, Ireland and Italy (the worst offenders) means Australia's superannuants are 2.35 per cent poorer than they were on Tuesday.

Elizabeth Knight

Europe's growing crisis could force global economy into 'lost decade'

Elizabeth Knight To the man in the street it doesn't seem fair that a range of countries have been living beyond their means.

Elizabeth Knight

Sales slip, profits to fall 10% - but it could have been much worse for Myer

Elizabeth Knight It's hard to get a clear reading on how much of Myer's share price rise yesterday was attributable to first-quarter sales falling (but not as much as expected) or the fact that Westpac's consumer...

Elizabeth Knight

It's time to make best of a carbon tax

Elizabeth Knight Smart managements will step up to the challenge of the tax.

Elizabeth Knight

Carbon tax just another cost - so get used to it

Carbon emissions

Elizabeth Knight One of the business community's favourite expressions is that they like certainty. In a carbon sense, they now have it.