Malcolm Maiden

Malcolm Maiden

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

Reserve Bank cuts rate, but there's a sting in the tail

Malcolm Maiden - dink - dinkus - thumbnail

Malcolm Maiden Economists and market traders who have somehow convinced themselves and their bosses that they are capable of making money out of predicting Reserve Bank rate decisions got a Reserve Bank rate cut...

The Andrews budget only works if house prices stay high

Malcolm Maiden - dink - dinkus - thumbnail

Malcolm Maiden The Andrews government's first budget is a reminder that Australia's economic managers desperately need the property boom – which has crushed housing affordability – to keep going.

Don't lose sleep over Australia's triple-A rating

Malcolm Maiden dinkus

Malcolm Maiden Australia's triple-A credit rating is not in imminent danger.

Wesfarmers sales are solid – but so is its share price

Malcolm Maiden.

Malcolm Maiden Investors might be underplaying Woolies' potential to hit back at it Wesfarmers competition.

RBA boss serves up some low rate learnings

Malcolm Maiden.

Malcolm Maiden Call them learnings or lessons, we know what Glenn Stevens means. It's a measure of the severity of the shock in 2008 and 2009 that regulators are still talking about its ramifications, including...

Comments 4

LIBOR scandal will dog the banking sector for years

Malcolm Maiden - dink - dinkus - thumbnail

Malcolm Maiden A global probe into the manipulation of London interbank borrowing rates by big northern hemisphere banks hit a new high, or low, on Friday as Deutsche Bank agreed to pay a record $US2.

Comments 4

Australia gets the inflation gold medal: not too hot, not too cold

Malcolm Maiden - dink - dinkus - thumbnail

Malcolm Maiden The soft inflation result does't mean that the Reserve Bank definitely will cut rates when it meets next on May 5.

Comments 3

Reserve Bank edges its way to the next rate cut

Malcolm Maiden - dink - dinkus - thumbnail

Malcolm Maiden The Reserve Bank's discomfort as it considers how far it can lower interest rates is not as acute as the one other central banks have felt in the wake of the GFC.

Rio's Sam Walsh lays it on the line: the weak are on their own

Malcolm Maiden - dink - dinkus - thumbnail

Malcolm Maiden Rio Tinto chief executive Sam Walsh told small iron ore mining companies the supply-side pressure that has contributed to a slide in iron ore prices from around $US135 a tonne at the beginning of...

East West needs to be Victoria's last project debacle

Malcolm Maiden - dink - dinkus - thumbnail

Malcolm Maiden Credit and blame are fairly evenly shared in the East West Link tollway contract dispute that Victorian Premier Daniel Andrews announced on Wednesday had been provisionally settled after months of...

Comments 31

East West: In the end, a fair deal on both sides

Malcolm Maiden - dink - dinkus - thumbnail

Malcolm Maiden The aim of commercial negotiations is to find a deal that both sides can live with, and the heads of agreement that promises to settle the dispute over the Andrews government’s decision to...

Comments 120

Long CEO stays deliver calm CEO handovers

Malcolm Maiden - dink - dinkus - thumbnail

Malcolm Maiden GPT chief executive Michael Cameron reinforced what you might call the rule of longevity on the weekend when he told his chairman, Rob Ferguson, that he was about to be confirmed as the next chief...

Comments 1

Infrastructure funding puzzle solved: Australia can borrow what it needs

Malcolm Maiden - dink - dinkus - thumbnail

Malcolm Maiden This is a moment to take advantage of cheap money, and perhaps even consider the possibility that Australia could get by for a while without its triple A borrowing status.

The biggest corporations are moving targets for the taxman

Malcolm Maiden dinkus

Malcolm Maiden The government’s tax discussion paper looks at lowering corporate tax. The Senate’s inquiry into corporate tax avoidance meanwhile is looking for ways to make companies pay what they owe.

Comments 3

Rates on hold but ASX's 6000 hurdle still in sight

Malcolm Maiden - dink - dinkus - thumbnail

Malcolm Maiden The Australian dollar rose sharply about 15 seconds ahead of the Reserve's 2.30pm announcement that rates were on hold.

RBA rate cut: It is just a matter of when

Malcolm Maiden - dink - dinkus - thumbnail

Malcolm Maiden There will be more than usual interest in the Reserve Bank’s rate-setting meeting next Tuesday, not least because the central bank has already surprised twice this year.

Comments 10

Buying on April 1 last year wasn't totally foolish

Malcolm Maiden.

Malcolm Maiden It is said that fools rush in, but investors who bought on April Fools' Day a year ago and avoided resources companies did well.

Crunch time for the government's reform ambitions

Malcolm Maiden dinkus

Malcolm Maiden The Abbott government had decided before it was elected it would deliver process-driven reform in financial services, competition law and tax, and on two fronts the crunch time is now approaching.

Comments 14

Dividend imputation clears an early tax review hurdle

Investors

Malcolm Maiden Australian investors appear to have dodged a bullet.

Comments 6

Share register something new for Myer to consider

a

Malcolm Maiden The Myer department store group got something else to think about on Friday when investment bank Deutsche filed a 5.2 per cent substantial shareholding notice.