Malcolm Maiden

Malcolm Maiden

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

Malcolm Maiden

Stevens doesn't bang on about rates even with exclusive set of mates

Malcolm Maiden The dinner Reserve Bank governor Glenn Stevens hosted in Melbourne's National Gallery on Monday night was a select affair.

Malcolm Maiden

Half-time: Swan 1, exchange united 0

Malcolm Maiden There's a huge all-or-nothing gamble behind yesterday's announcements by ASX and Singapore Exchange (SGX) that their $8 billion merger by way of a SGX takeover is on the brink of being buried by the...

Malcolm Maiden

Chaperone Swan thwarts exchanges' urge to merge, seeks to extract a better deal

Malcolm Maiden There is a huge all-or-nothing gamble behind yesterday's announcements by the ASX and the Singapore Exchange that their $8 billion merger by way of a SGX takeover is about to be buried by the...

Malcolm Maiden

SGX bid for ASX has a pulse - just

ASX Ltd Australian Securities Exchange Limited

Malcolm Maiden A close look at the ASX announcement suggests the deal is alive but merger partner SGX will need to sweeten the terms to keep it that way.

Malcolm Maiden

RBA is right on the money

Malcolm Maiden Today's statement confirming that the Reserve Bank has left its cash rate unchanged at 4.75 per cent for another month is to all intents and purposes a cut and paste job.

Malcolm Maiden

Top dollar forecast for Australian currency

Malcolm Maiden Forecasts for the Australian dollar are being pushed higher after its rebound in the second half of March from just over US98¢ to a new high of more than $US1.03.

Malcolm Maiden

A BHP takeover of Woodside makes sense, but the numbers are not compelling

Woodside

Malcolm Maiden Saying Woodside Petroleum is an ideal takeover target for BHP Billiton is a bit like saying the world should take out insurance against the effects of global warming by putting a price on carbon.

Malcolm Maiden

Was Colorado's corporate life support switched off too soon?

Malcolm Maiden Colorado Group's descent into receivership yesterday and the recapitalisation plan for the Centro group that is under attack from some of its investors both underline a developing trend for...

Malcolm Maiden

Distressed debt owners now wield the scalpel in the corporate intensive care ward

Debt

Malcolm Maiden Colorado Group's descent into receivership and the recapitalisation plan for the Centro group that is under attack from some of its investors underline a developing trend for distressed debt trades...

Malcolm Maiden

Challenge to Centro's sale of its shopping centres in the US is building momentum

Malcolm Maiden A challenge to Centro Properties' decision to deny shareholders a vote on the $US9.4 billion sale of its US shopping centres to the Blackstone private equity group began in the NSW Supreme Court...

Malcolm Maiden

Shareholders courting Centro books

Malcolm Maiden Challenge to Centro Properties' decision to deny shareholders a vote on $US9.4 billion sale of its US shopping centres to Blackstone private equity group begins in New South Wales Supreme Court..

Centro US sale under fire

Business_Centro

Malcolm Maiden Campaign by group of shareholders that own more than 11 per cent of Centro Properties Group to force Centro to put planned $US9.

Malcolm Maiden

Always expect rough ride with airline shares

Malcolm Maiden

Malcolm Maiden Spare a thought for Virgin Blue chief executive John Borghetti and his counterpart at Qantas, Alan Joyce.

Malcolm Maiden

US, Europeans unable to bank yet on a robust housing-sector recovery

Malcolm Maiden Bad loans in the US property market are still close to record highs, at 6.5 per cent of total residential and commercial property loans.

Malcolm Maiden

Reserve still wary of US and Europe

Malcolm Maiden Yesterday the Reserve Bank produced a generally optimistic appraisal of the Australian financial system's recovery from the global crisis, but its portrait of the challenges the big money centre...

Malcolm Maiden

Canberra scuttlebutt suggests exchanges are flogging a dead horse

Malcolm Maiden It's almost impossible to merge the ASX and SGX as equals.

Malcolm Maiden

Exchanges have no choice but to keep pushing their merger plans in Canberra

Malcolm Maiden The ASX, the Singapore Exchange and their advisers are working on the assumption this week's reports that their merger has a snowball's chance in Saudi Arabia of being approved does not mean their...

Malcom Maiden

Many eyes make NBN heavy work

Malcolm Maiden NBN boss Mike Quigley produces some statistics that certainly underline that the broadband network he is building for the government is a political football.

Malcolm Maiden

NBN will have to get used to the scrutiny - the public has every right to know

Malcolm Maiden The boss of NBN Co, Mike Quigley, produced some statistics yesterday that certainly underline that the broadband network he is building for the government is a political football.

Malcolm Maiden

Smith appears in for the long haul on growth

Malcolm Maiden ANZ chief executive Mike Smith is obviously enjoying Australia, and the challenge he set for himself and the bank in December 2007 when he said ANZ could lift its share of earnings sourced from Asia...