Malcolm Maiden

Malcolm Maiden

Malcolm Maiden analyses and comments on business, the markets and the economy.

Malcolm Maiden

McClintock hints at wriggle-room over merger

Malcolm Maiden dinkus

Malcolm Maiden Topics of merger and Brookes' replacement as CEO are clearly intertwined.

Malcolm Maiden

Brookes' extension Myer's latest move in DJs merger dance

Bernie Brookes, MD of Myer at the companys 1/2 year results announcement in melbourne this afternoon. Story by Nabila Ahmed for companies. AFR FIRST USE ONLY PLEASE #123862

Malcolm Maiden Myer's decision to extend Bernie Brookes' tenure as chief executive of the department store group is tightly bound up with its hope that rival David Jones will re-engage in merger talks that it...

Malcolm Maiden

What now for Wesfarmers as Coles boss Ian McLeod to depart?

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Malcolm Maiden Wesfarmers has done some big, good things since it took over the Coles group in late November 2007.


Efficiency drive pays off for big players

Malcolm Maiden BHP Billiton and Rio Tinto spent what they needed to spend to ramp up production and meet sharply rising demand during the resources boom.

Malcolm Maiden

Point Henry closure: Don't bother with the blame game

The ALCOA plant at Point Henry in Victoria.February 8th, 2012, The Australian Finacial Review. Picture by Mal Fairclough

Malcolm Maiden The closure of Victoria's Point Henry aluminium smelter is not our fault, and in important ways it's not US-based Alcoa's fault, either.

Hockey's juggling shapes as a high-wire feat

Joe Hockey.

Malcolm Maiden Hockey's first budget in May is going to set the tone for the government's economic management.

Malcolm Maiden

Rio Tinto boss delivers to shareholders

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Malcolm Maiden Shareholders have what they want, but there is still an aluminium anchor trailing behind.

Malcolm Maiden

Telstra rings up reputation but X factors remain

GENERIC- NBN, optic fibre, optical fibre, technology, internet, high speed broadband, broadband, cable.

Malcolm Maiden Telstra has underpinned its status as a dividend yield play but there are still X factors for investors to consider.

Better ride as banks move up a gear

Ian Narev, chief executive officer of Commonwealth Bank of Australia (CBA), speaks during a news conference in Sydney, Australia, on Wednesday, Feb. 12, 2014. Commonwealth Bank, the nation's biggest lender, reported a 14 percent increase in first-half profit to a record on lower bad-debt charges and growth in home lending. Photographer: Ian Waldie/Bloomberg *** Local Caption *** Ian Narev

Malcolm Maiden Banks are posting results that suggest SPC, Toyota and corporate casualties are not harbingers of a deep corporate slump - or at least, not yet.


Why the booming Commonwealth Bank juggernaut is good news for everyone

CBA. AFR.130213. Pic by Michel O'Sullivan. Pic shows  Ian Narev at the CBD media briefing on the CBD Half year results.

Malcolm Maiden CBA's result tells you that despite the news about Toyota's exit, SPC's problems and continuing reports of soft economic conditions, the economy is not falling into a hole.


We've jobs enough for the clever, in healthcare and finance


Malcolm Maiden Where will our children's jobs come from? It's something to ponder after the implosion of one of the manufacturing sector's linchpins.

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Malcolm Maiden

Why Toyota’s exit will hurt more than Holden


Malcolm Maiden Toyota’s decision to halt local vehicle manufacturing in 2017 is a bigger body blow than Holden’s decision late last year to do the same.


Opposing faiths find belief in a volatile new-year market


Malcolm Maiden There are two candidates that have not derailed the markets but nevertheless can't be ignored.

Malcolm Maiden

Woolies' chief needs a big winner

Supermarket Shopper

Malcolm Maiden The growth gap between Coles and Woolworths has been closing.

The argument for an SPC lifeline

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Malcolm Maiden Government's general aversion to company-specific handouts could have been usefully set aside in SPC's case.

Market slide chaotic, not catastrophic

A man stands in front of an electronic board displaying stock information inside the Australian Securities Exchange, operated by ASX Ltd., in Sydney, Australia, on Monday, Sept. 9, 2013. The Australian dollar's strongest weekly advance since December 2011 is a reminder to Prime Minister-Elect Tony Abbott that his plans to revive a slowing economy will be hostage to currency markets. Photographer: Brendon Thorne/Bloomberg

Malcolm Maiden Don't panic. What we are seeing is a healthy reduction in valuations that became stretched in the final quarter of 2013.

Malcolm Maiden

Don't panic. This is a correction, not a cataclysm

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Malcolm Maiden Don’t be surprised if cheap shares soon have buyers coming back

Spurned Myer offer to DJs uncorks takeover genie

Malcolm Maiden Myer wanted to avoid putting its department store competitor David Jones into a classic takeover 'bear hug' when it approached DJs with a merger proposal at the end of October last year.

Malcolm Maiden

Myer offer for David Jones has let the genie out of the bottle

David Jones.

Malcolm Maiden With the takeover genie out of the bottle, Myer’s offer to DJs probably won’t be the last.

Malcolm Maiden

Punch-drunk Treasury a prime target

Penfolds Magill Estate, Adelaide.

Malcolm Maiden When Treasury was spun out of the Foster's brewing group almost three years ago, hopes were high.