Elizabeth Knight

Elizabeth Knight

Elizabeth Knight comments on companies, markets and the economy.

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 dinkus

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.

Elizabeth Knight

All a matter of timing in Qantas grounding

Elizabeth Knight One of the most frequently asked questions surrounding the grounding of the Qantas fleet last Saturday afternoon was the point at which the chief executive actually made the decision to cease flying...

Elizabeth Knight

Timing of the essence when it comes to ACCC probe into Qantas

Elizabeth Knight dinkus

Elizabeth Knight What was decided when will be uppermost in the regulator's mind during probe.

Elizabeth Knight

First the divorce, now Clyne must face the wrath of a jilted customer base

NAB.

Elizabeth Knight National Australia Bank chief executive Cameron Clyne was busy watching the events of Tuesday - like many Australians at 2.

Comments 2

Defiant Clyne shrugs off rate cut row

Cameron Clyne CEO of the NAB

Elizabeth Knight THE chief executive of National Australia Bank, Cameron Clyne, has blamed higher funding costs driven by offshore debt markets for the reason not to pass on the Reserve Bank's rate cut in full.

NAB customers left unloved on rate cut, despite break-up promises

A customer uses a National Australia Bank (NAB) ATM

Elizabeth Knight, Eric Johnston THE chief executive of National Australia Bank, Cameron Clyne, remained defiant last night over his decision to hold back some of this week's rate cut, a move that sparked a furious reaction from the...

Elizabeth Knight

NAB running its own rates race

Elizabeth Knight dinkus

Elizabeth Knight Europe debt crisis more important to bank's profitability than anything Glenn Stevens does.

Elizabeth Knight

Retailers' Christmas wishes rest on small change

Elizabeth Knight Unless you picked the winner of the Melbourne Cup, it's probably wiser to celebrate the tax-cut.

Elizabeth Knight

Rate cut no reason to open a good bottle

Elizabeth Knight Unless you picked the winner of the Melbourne Cup, it's probably wiser to celebrate the Reserve Bank's 25 basis point reduction in the cash interest rate with the cheap champagne rather than the...

Elizabeth Knight

Qantas's high-risk strategy worked, or did it? Virgin could be real winner

Elizabeth Knight There were plenty more Qantas shares bought yesterday than airline tickets.

Elizabeth Knight

Analysts give this round to Qantas management, but the battle isn't over yet

Elizabeth Knight Financial analysts have declared Qantas the victor over its unions. But there were plenty more shares bought yesterday than airline tickets.

This Carnegie is influencing brands, winning over people

Maile Carnegie.

Elizabeth Knight There are no apparent bumps, bruises nor a hair out of place on the impeccably coiffed head of Maile Carnegie - the 42-year-old chief executive of Procter & Gamble's Australian operations.