Elizabeth Knight

Elizabeth Knight

Elizabeth Knight comments on companies, markets and the economy.

Aldi ends the Woolworths fantasy

Elizabeth Knight Aldi's rapid expansion means the Australian supermarket industry is at a tipping point.

Glencore delivers a left hook to Rio Tinto

Elizabeth Knight.

Elizabeth Knight From the predator's perspective, Rio is all the more vulnerable. For its part, Rio has reiterated recently that the merger is a no-fly zone. But, ultimately, it is up to shareholders.

Myer's executive clearance

Elizabeth Knight.

Elizabeth Knight Myer has embarked on a massive renewal of management inventory. The chief executive, Bernie Brookes, is part of the old season stock, as is the chief financial officer Mark Ashby.

COMMENT

Myer readies for transformation as Richard Umbers takes the helm from Bernie Brookes

It may still take a full year before the strategic review at Myer is complete.

Elizabeth Knight Myer has embarked on a massive renewal.

Qantas a wild ride for investors as tailwinds build

Elizabeth Knight.

Elizabeth Knight Investing in Qantas has been a wild ride during the past couple of years.

COMMENT

Tailwinds could carry Qantas to a billion-dollar full year profit

Elizabeth Knight.

Elizabeth Knight With the right tailwinds, it's reasonable to predict that Qantas will make the magic billion for the full year.

ASX200: Nail-biting wait for market to hit 6000

Elizabeth Knight Anticipation has been growing as punters wait to see if the market will hit the magic 6000 mark. The index came tantalisingly close on Wednesday. But no cigar.

Post office bleeding red ink

Elizabeth Knight.

Elizabeth Knight The trouble with Australia Post is that a big chunk of its business is in a sunset industry – selling stamps and delivering letters – all of which is costing it more than it collects in...

Doomsday games as Australia Post bleeds millions

Elizabeth Knight.

Elizabeth Knight It's quite jarring to hear a chief executive talk about the future of their company using doomsday-like references.

Bunnings building a bonanza for Wesfarmers

Elizabeth Knight.

Elizabeth Knight Wesfarmers produced a very solid half year result from its retail divisions but its hardware powerhouse Bunnings is now a retail giant in its own right.

Bunnings not far behind Coles as a retail giant in its own right

MELBOURNE, AUSTRALIA - DECEMBER 17:  General scene of The Bunnings Altona warehouse on December 17, 2014 in Melbourne, Australia.  (Photo by Patrick Scala/Fairfax Media) *** Local Caption *** Bunnings

Elizabeth Knight Wesfarmers produced a very solid half-year result from its retail divisions, but its hardware powerhouse Bunnings is a standout.

Japan Post delivers precious parcel to Toll shareholders

Toll's traditional business model of moving consumer goods between stores and warehouses by road and air has been challenged by the emergence of online shopping.

Elizabeth Knight Toll Holdings has heartily endorsed a generous Japan Post takeover offer for the logistics business.

'Hard to beat': Toll can't believe its luck as Japan Post lobs a very sweet offer

Toll's traditional business model of moving consumer goods between stores and warehouses by road and air has been challenged by the emergence of online shopping.

Elizabeth Knight Serendipity best describes what Toll Holdings shareholders experienced on Wednesday morning.

Elizabeth Knight

Has Coca-Cola lost its cool?

In the quarter that ended September 30, net income fell 14 percent to $2.1 billion.

Elizabeth Knight As the nation becomes more health and weight-conscious, Coke feels unloved.

Elizabeth Knight

Queue forms at ANZ in the race to replace CEO Mike Smith

ANZ chief Mike Smith.

Elizabeth Knight ANZ's  high-profile and outspoken chief executive, Mike Smith will leave his job towards the end of next year after more than nine years running one of Australia's largest companies and one of...

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Telcos

Telstra earnings exceed forecast as upgrades pay off

telstra

Elizabeth Knight The billions Telstra has spent on its mobile network and new spectrum have allowed it to further open its lead on competitors and deliver earnings that were ahead of market expectations.

Telecoms

Telstra moves further ahead of the pack

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Elizabeth Knight The billions Telstra has spent on its mobile network and new spectrum have allowed it to further widen its lead on competitors and deliver earnings that were ahead of market expectations.

Elizabeth Knight

Business can't bank on Canberra

Positive or negative? Hold or sell?

Elizabeth Knight The Commonwealth Bank's profit report contained a message between the lines.

Elizabeth Knight

Commonwealth Bank's Ian Narev slaps Canberra over confidence

Commonwealth Bank of Australia chief executive Ian Narev.

Elizabeth Knight The Commonwealth Bank's profit report contained a message between the lines.

Elizabeth Knight

Abbott leadership: Canberra's 'Game of Thrones' is bad for business

Elizabeth Knight Dinkus

Elizabeth Knight The instability and uncertainty surrounding the attempt to topple Tony Abbott's crown will hurt businesses that are consumer based.

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