Comment & Analysis

 

Former Ten boss finds new media challenge

Elizabeth Knight.

Elizabeth Knight 6:03 PM   Former boss of Ten Network Grant Blackley and his new chairman at Southern Cross Austereo, Peter Bush, have teamed up to restore the fortunes of the troubled national radio network and regional TV operator and fatten it up for market.

Woolworths board readies axe but own necks also on block

Since announcing plans this month to cut another 400 support jobs, Woolworths has lost at least two senior executives and another two are reportedly eyeing the exit doors.

Elizabeth Knight 7:39 AM   There is a strong view in the investment community that the Woolworths board will replace its most senior manager sooner rather than later.

The biggest deal you'll ever make is a shot in the dark

Michael Pascoe

Michael Pascoe   Maybe banks are speaking publicly about trimming discounts for property investors to avoid bringing attention to tougher standards for all loans.

Comments 18

Fortescue won't play prey

Elizabeth Knight.

Elizabeth Knight   Chinese predators may be circling Andrew Forrest's financially wounded Fortescue Metals but the market could have drawn a long bow on Tuesday to bid the shares up 15 per cent on the back of a potential takeover.

The lure of the luxury brand

Michael Pascoe

Michael Pascoe   What does it say about Australia when we're buying more C-class Mercedes than Falcons?

Comments 108

Leasing legislation ignites a hirestorm

Adele Ferguson - dinkus - thumbnail - dink

Adele Ferguson   This is a form for the sake of a form – the very definition of red tape. The government must act.

Time to give CEO pay a WACC

Elizabeth Knight.

Elizabeth Knight   It is clear that there is an insufficient correlation between executives that are creating value and their pay.

Whose superannuation is it any way?

Michael Pascoe

Michael Pascoe   One minute Tony Abbott says my superannuation savings are mine, not the government's, the next Scott Morrison is telling me how I have to spend it.

Comments 33

BHP's $US25 million fine rings the bell on corporate sponsorship

Malcolm Maiden

Malcolm Maiden   The Olympics are arguably the standout example of corporate networking because a company who's who and government who's who attends.

Low interest rates mean it's no longer business as usual

Ross Gittins

Ross Gittins   Say you win $10,000 in a lottery, but are offered the choice of receiving the money now or in three years time. Which would you pick?

Iron ore inquiry loses out to more important matters – like a fence

Michael West dinkus Dinkus

Michael West   After a brutal lobbying campaign by BHP and Rio, Tony Abbott and Joe Hockey knocked the idea for an inquiry into iron ore on the head. No big deal, there are far more important inquiries at hand. The parliamentary inquiry into a fence, for instance, proceeds apace.

What the pollies won't do: apply principles to superannuation

The tax system should support and encourage superannuation savings up to the point of making people independent of the government age pension.

Michael Pascoe    We've witnessed a quiet political crime over the past week: the government ditching the best recommendation from the Murray financial system inquiry for the most cynical of political motives. You see, occupying the treasury benches is much more important than what's best and fair for the nation.

A tech boom aimed at the few instead of the world

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Farhad Manjoo   The tech industry used to think big. We are once again in a go-go time for tech, but what happened to the industry's grand, democratic visions of the future?

Asia's would-be reformers in the slow lane

William Pesek dinkus.

William Pesek   The policy responses of India, China and Japan's leaders are still more rhetoric than reality.

Comments 3

Why Apple should stay out of the TV business

Samsung Electronics and LG Electronics make more than 40 per cent of the world's high quality screens, so there isn't a lot of room for Apple.

Ian King   The case for why Apple should get into the television market sounds nice on paper, but the reality is that the economics of building a TV set are very different from those of mobile phones or laptops.

Share in the success at WAM Capital

Marcus Padley dinkus Dinkus

Marcus Padley   The secret to beating index huggers is to analyse under-researched companies and identify value where others are not doing the work.

Happy Birthday Henry Parkes! We wouldn't be here today without you

Harold Mitchell

Harold Mitchell   Henry Parkes was a real person who worked in a real world and he made a real difference.

Goyder focuses on Wesfarmers' retail superstars

Malcolm Maiden.

Malcolm Maiden   Coles plans to work with fewer, larger suppliers to get fresh produce into stores more quickly, and back that up with higher levels of customer service.

Iron ore inquiry the Captain's choice

Elizabeth Knight.

Elizabeth Knight   Labor has labelled a possible iron ore inquiry as another Prince Philip knighthood moment.

Comments 5

Twiggy Forrest out on a limb (and worse lines)

Weighing in on the iron ore pricing debate, a prominent mining analyst has lashed out at Andrew Forrest for his "utter travesty of economics."

Michael Pascoe   Sorry, I can't resist: Twiggy Forrest has found himself out on a limb with his campaign for a root-and-branch iron ore price.  

Tax-fizzer Pfizer's stats defy logic

Michael West dinkus Dinkus

Michael West   There were predictions the budget would save as much as $5 billion from the Pharmaceutical Benefits Scheme (PBS) over five years.

Everything you need to know about the Australian economy

Bob Hawke with Paul Keating, the best treasurer of them all.

Ross Gittins   In an extract from his new book, Ross Gittins explains everything you need to know about the Australian economy – and admits to his five worst predictions.

The Sydney housing bubble to pop – but how?

Michael Pascoe

Michael Pascoe   The 2015 Sydney housing boom has achieved the dubious distinction of bubble status, replete with rampant FOMO (fear of missing out) and key parts of the market departing from gravity as values rise by hundreds of thousands of dollars in a few weeks.

Breaking up is sometimes good to do

Elizabeth Knight.

Elizabeth Knight   It will take a while before BHP shareholders will ultimately and on whether they wish to retain their South32 stock.

Don't trust the knockers of Treasury forecasts

Ross Gittins

Ross Gittins   Official forecasters are the only honest players in this game.

Chevron parents leave ATO an orphan

Chevron is under fire over tax.

Michael West   Secretive oil major Chevron Corp has taken the art of tax avoidance to its ultimate form, thanks to a scheme so aggressive that it goes beyond merely reducing exposure to income tax.

Prepare for a pointless iron ore inquisition

Malcolm Maiden

Malcolm Maiden   "We need to "know the facts," the PM says.

Small measures and a media circus

Ross Gittins

Ross Gittins   As an exercise in media manipulation, this week's budget scores top marks.

Big pharma shuffles the tax pill

Michael West dinkus Dinkus

Michael West   Viagra maker Pfizer's tax structures are a "vulgar artifice", says a tax expert.

Directors' trades subdued amid sharemarket anxiety

Simon Clausen was a buyer this week.

Christopher Webb   director's trades