Comment & Analysis

 

Big department stores forced to axe the runts of the brand litter

Elizabeth Knight

Elizabeth Knight 6:30 PM   Moves by Myer and David Jones to spring clean their stable of brands is a breath of fresh air - and one that is long overdue if the full service department store format is to undergo any sort of renaissance.

The Chinese roller coaster will roll on

Malcolm Maiden

Malcolm Maiden 8:40 AM   After falling 8.5 per cent on Monday China's sharemarket whip-sawed its way to a less startling 1.7 per cent fall on Tuesday, but don't get stuck on the numbers.

Why the banks sting you on credit card rates

Clancy Yeates

Clancy Yeates 12:15 AM   There is a paradox in the $50 billion credit card market that has left some of our brightest economists scratching their heads.

Comments 23

Beijing's political capital casualty of implosion

John Garnaut dinkus

John Garnaut   Political control and market economics continue to collide in China and it's not yet clear that either of them can win.

Is China crash start of something bigger?

Malcolm Maiden

Malcolm Maiden   Is the massive, late crash in domestic Chinese share prices the start of something bigger and even more disturbing?

Comments 36

Gold is no miracle metal for investors

Michael Pascoe

Michael Pascoe   There are appreciating assets, depreciating assets and barbaric metals. One is a good investment, one is not an investment and the other, well, it's gold.

Comments 20

Abrupt departure doesn't pass smell test

Elizabeth Knight

Elizabeth Knight   It's official. The chronic underperformer of the free to air television industry, Ten Network, is on the comeback - with audited revenue share having jumped on the back of an improvement in ratings.

Comments 2

Why TPG's David Teoh bought iiNet

The only photo of TPG Telecom's David Teoh we have on file.

David Ramli   Now that he's finally caught his quarry, what will the reclusive billionaire David Teoh do with iiNet?

Why slow growth may be lasting

Ross Gittins

Ross Gittins   Pessimism about future productivity improvement isn't supported by our more recent performance.

Comments 12

Climate change hitting where it hurts: your wine

Michael Pascoe

Michael Pascoe   Spend a day at a wine grape growers' summit and, among many other things, you're left with no doubt about the reality of climate change.

Comments 25

Three questions as market struggles into New Financial Year

Malcolm Maiden

Malcolm Maiden   A weaker than expected response to low interest rates and a lower Australian dollar, plus continued weakness in metal and energy prices have produced much heavier downgrades of expected ASX 200 earnings.

The good news they didn't want us to know

Ross Gittins

Ross Gittins   Rummaging through the media's rubbish bins this week, I happened upon some good news. According to the Productivity Commission's annual update, the productivity of labour improved by 1.4 per cent in 2013-14.

China's interventionist recovery plan

The Chinese central bank is running down the country's foreign reserves to defend the yuan.

Ambrose Evans-Pritchard   China's great scare appears to be over. The hideous denouement has been averted once again. It will be even harder next time.

Can the millionaires factory make billions?

Elizabeth Knight

Elizabeth Knight   The year is 2007 .. It's pre the Global Financial Crisis and the big punt occupying the minds of market traders is whether Macquarie Bank share will reach that $100 mark - by May it was inches away hovering at more than $98.

COMMENT

Fanning sponsors fail by being noticed

Mick Fanning.

Andrew Hughes   The Red Bull and Rip Curl photobombing of Mick Fanning's press conference took a bite into the credibility of the very brands themselves.

The death knell for performance (review) anxiety?

review

Elizabeth Knight   The decade of the 1980s is responsible for all sorts of atrocities, from padded shoulders to boy bands in music. For workers, they ushered in the most universally loathed fashion of all - the performance review. But finally, it seems, change is in the air.

Comments 24

Below-trend growth shapes as the new normal: RBA

Malcolm Maiden

Malcolm Maiden   Reserve Bank governor Glenn Stevens posed an important question at Adrian Blundell-Wignall's Anika Foundation July lunch.

Comments 7

Did Packer pull punches in battle for Brisbane?

Elizabeth Knight

Elizabeth Knight   James Packer won the mega casino battle of 2013 between his Crown Resorts and its smaller NSW-based rival Echo. The tables were turned this week with Echo beating Packer to develop a major casino resort/ residential complex in the heart of Brisbane.

Michael Pascoe

A healthy way to hike GST

Michael Pascoe

Michael Pascoe   How long can the looming fiscal crunch be kicked down the road, for how many more elections can it be ignored?

Intelligent Investor

Apple Watch another iPhone-style hit?

The Apple Watch goes on sale around the world on Friday, but not in Apple stores.

John Addis   Everyone will be looking for evidence of whether Apple has another hit on its hands. Here's what they'll find.

Small business tax break party a fizzer

Michael Pascoe

Michael Pascoe   Wouldn't it be a worry if you threw a small business budget party and nobody came? That's the hint from the Reserve Bank tucked away in this month's board minutes.

Comments 17

Who pays to fortress Australian banks?

Elizabeth Knight

Elizabeth Knight   It is a near certainty that banks will pass on some of their newly imposed capital safety cost to their customers by way of charging higher interest on loans or paying lower interest on deposits.

Comments 8

Fantasy economics fails in Europe

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Paul Krugman   The ultra-respectable men of Europe have been running a continent based on fantasy economics.

Customer to pay for having safer banks

Elizabeth Knight

Elizabeth Knight   It is a near certainty that banks will pass on some of their newly imposed capital safety cost to their customers by way of charging higher interest on loans or paying  lower interest on deposits.

Comments 6

Tax reform push doesn't add up

<i>Illustration: Michael Mucci</i>

Ross Gittins   The parties divide on tax because there's no issue where the two sides' continuation of class warfare is more apparent

Comments 30

Spain showing path out of pain

Harold Mitchell

Harold Mitchell   Spain is climbing out of the depths of the global financial crisis and there are lessons for Australia.

Cheer up, pessimists – it's not all good

Malcolm Maiden

Malcolm Maiden   China's sharemarket has stabilised, and Greece is making progress towards a bailout that won't save it but will buy it more time. What's a market pessimist to do? Search for new icebergs, of course.

Comments 4

Time to get the economics of environment right

Ross Gittins

Ross Gittins   You get the feeling Tony Abbott doesn't lie awake at night worrying about what our economic activity is doing to our natural environment.

Negative gearing just one culprit in housing-bubble blame game

Elizabeth Knight

Elizabeth Knight   Negative gearing is the topic du jour thanks to the Reserve Bank of Australia's suggestion this week it should be considered in the context of the wider tax debate.