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Max Mason

Max Mason is a business reporter focusing on financial markets.

Retail

JB Hi-Fi chief Terry Smart to retire

Max Mason After 14 years at JB Hi-Fi, chief executive Terry Smart will leave the company at the end of August this year.

Telcos

Watchdog to clamp down on CBD copper phone services

copper cables

Max Mason The competition watchdog says it is planning to clamp down on wholesale copper phone services in CBD precincts, quoting evidence that Telstra was charging wholesale customers close to 40 per cent...

Titles

Business chiefs play knights and dames

Tony Abbott slams the ABC (Thumbnail)

Max Mason Tony Abbott's step backwards in history to the time of knights and dames could take shareholder returns with it.

Markets Live: Stocks on sugar high

The 2011-12 market turned from bull to bear then part of the way back again.

Patrick Commins, Max Mason A late rally rally by miners built on early gains to end the trading week on a positive note leading into the Easter break.

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Markets Live: Miners rally on China data

Patrick Commins, Max Mason Better than expected Chinese economic growth data pushed miners and the dollar higher and supported early market gains.

Comments 139

Markets Live: Shares gain ahead of China GDP

Patrick Commins, Max Mason No surprises from the RBA minutes let shares capitalise on a strong offshore lead ahead of US CPI data tonight and China GDP figures tomorrow.

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Currencies

China concerns to weigh on Australian dollar

Generic dollar coins, money, cash, coin, Australian Dollars, currency. Thursday 8th November 2007 AFR photo Louie Douvis  AFR PAGE 1 FIRST USE ONLY SPECIALX 74360        25209520

Jared Lynch and Max Mason Concerns about China's growth is expected to cap gains in the Australian dollar, which is teetering at five-month highs.

Markets Live: Investors dump banks

The 2011-12 market turned from bull to bear then part of the way back again.

Patrick Commins, Max Mason Losses in the big banks did most of the damage in a broad-based sell-off after a poor early lead from Wall St, while investors sold down QBE and Coca-Cola.

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Media

Fund managers still bullish on broadcasting, despite Ten's $8 million half-year loss

Max Mason Australian broadcasters face many challenges in the digital world, but there is still room for three profitable commercial free-to-air networks, fund managers say.

Beverages

Fizz goes out of Coca-Cola Amatil shares

Max Mason Coca-Cola Amatil's new chief executive has blamed soft consumer demand and pressure from supermarkets for a forecast $56 million hit to the company's first-half earnings.

Dummy spit as analyst takes Coca Cola Amatil to task

Coca Cola Amatil CEO Alison Watkins

Max Mason and Anthony Macdonald Profit warnings are never happy occasions, but few fund managers and analysts took the news of Coca-Cola Amatil's shock 15 per cent downgrade like Citi analyst Gino Rossi.

Beverages

Coca Cola Amatil shares plunge after flagging 15% drop in earnings

Coke can

Max Mason Just weeks after taking the top job, Coca-Cola Amatil’s new chief executive, Alison Watkins, has shocked investors by warning that earnings would fall 15 per cent in the first half and launching a...

Media

Room for Ten to shine, say fund managers

Ten Network

Max Mason Australian broadcasters face many challenges in the digital world, but there is still room for three profitable commercial free-to-air networks, fund managers say.

Media

Ten Network names Paul Anderson as COO

Max Mason Ten Network has appointed Paul Anderson as chief operating officer, a move triggered by Lachlan Murdoch's exit from the television broadcaster.

Retail

Australian retail coming of age as international players enter market

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Max Mason Big international players are now looking to tap into Australia's lucrative, but under-served, retail market.

Retail

South Africans lob bid for David Jones

Ian Moir

Eli Greenblat, Ben Butler, Max Mason The nation's $5 billion department store sector is primed for the biggest shake-up in its post-war history after South Africa's Woolworths Holdings shocked investors with an all-cash bid for David...

Retail

David Jones gets takeover bid from Woolworths SA

David Jones.

Max Mason The David Jones board has recommended a surprise $2.15 billion takeover offer from South African retail group Woolworths, trumping any merger talks with rival Myer.

Transport

Cabcharge expects 50% cut in service fees with Barry O'Farrell's proposed card surcharge

Max Mason Cabcharge revenue could slump by up to $14m following NSW government's cut on surcharges.

Markets

Australian investors shrug off US fears of tech bubble

USA shares market

Max Mason, Glenda Kwek Australian shares have mostly shrugged off the mounting losses on Wall Street, as US investors flee high-profile technology stocks.

Legislation

Cabcharge shares slump, revenue to fall on surcharge changes

Taxi

Max Mason Cabcharge revenue could slump by up to $14 million following the O'Farrell government's move to cut the maximum card surcharge on taxis.