Newcrest Mining under further proxy fire ahead of AGM
The tide of protest against Newcrest Mining is building ahead of the goldminer’s annual meeting next week, with another two proxy advisers recommending against key resolutions to be put to shareholders.
BCA seeks deal on domestic gas supply
Exclusive | The Business Council of Australia is looking to broker a possible deal on the contentious issue of cushioning manufacturers from higher energy prices by ensuring adequate supplies of competitively priced gas are available for local use.
ASX urges criminal record, bankruptcy and character checks on directors, executives
Boards of listed companies will be required to make “appropriate checks” before appointing or nominating directors under new guidelines being considered by the ASX’s corporate governance council.
NBN Co head meets chief network critic
NBN Co’s recently appointed executive chairman Ziggy Switkowski has begun meeting with telecommunications veterans, including vocal broadband critic Henry Ergas, as part of a review into potential changes to the national broadband network rollout.
Shorten demands unity
Labor leader Bill Shorten expects a united approach within Labor ranks as he outlines his new frontbench and introduces Tanya Plibersek as deputy.
CFO optimism spikes after election, action elusive
Is a massive post election turnaround in confidence among CFOs just wishful thinking?
Potential BlackBerry sale no threat to ANZ operations
The local head of smartphone pioneer BlackBerry has said the Australia and New Zealand operations of the company are not threatened by the potential sale of the business, and that taking the company private could be a boon for its future prosperity.
Unions mobilise against Building and Construction Commission
Australia’s militant construction union has pledged to defy tougher rules on right of entry for union officials to the workplace being imposed by federal and state governments, breaking the law if they deem it is needed to represent their members.
Linc’s Bond eyes coal spin-off after relist
Linc Energy chief executive Peter Bond is aiming to spin off the company’s coal business early next year on the Singapore stock exchange, just weeks after Linc switches its listing from Australia.
Echoes of Sydney in Crown welcome
Campbell Newman has rolled out the red carpet to James Packer by opening up Brisbane’s prime riverfront to a new six star casino development.
Business understanding of cyber attacks a decade out of date
The way we defend against cyber attacks on businesses is likely to fail because we are focusing on attacks conceived a decade ago, according to a new study published by a global IT body, the Information Systems Audit and Control Association.
Why Samsung’s Galaxy Gear smartwatch isn’t so smart
The professional career of gadget reviewers look secure for a good while longer thanks to Samsung’s Galaxy Gear smartwatch.
The pricey funding strategy paying off for property developers
Specialists like Wingate Group, Qualitas and Alceon are packaging mezzanine funding for property developers at rates of around 20 per cent.
We need a business sin bin
How can it be that business operates on a footy trip mentality of what happens on tour stays on tour?
Economists disagree with research over GST, food
Doubt cast on a study that suggests removing GST exemption for fruit and vegetables could result in significant adverse health outcomes.
Hard Rock franchisee sets sights on Bondi Beach
Sydney businessman Jeffrey Beaumont is eyeing sites close to Campbell Parade for the world’s most famous rock’n’roll restaurant.
Nokia design guru urges Apple to end cable chaos
The man who designed the Nokia mobile phones, which used to rule the world, has called on Apple to work with the broader industry and end its policy of having proprietary connector for its device chargers and accessories.
Brahimi ready to move on from Opera House
Bennelong chef Guillaume Brahimi has hinted he would be open to returning to the Sydney Opera House if there were a change of tune on preferred dining style, but expects to move on.
Skinny MacBooks, high-res iPads in wind
Ming-Chi Kuo has been sniffing the wind again and this time he’s caught the scent of MacBooks even thinner than the MacBook Air.
Rio Tinto pink diamond fetches record at auction
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Rio Tinto’s annual Argyle Pink Diamonds Tender has set a new record for the highest price paid for an Argyle diamond in overall terms.
Wind farms win few fans
Rural landholders may face a disappearing pool of buyers and plummeting values of up to 60 per cent because of neighbouring windfarms.
Overseas study numbers at record high
New figures show the proportion of students in bachelor degrees going overseas as part of their course has reached an all-time high.
All LinkedIn – but where to go?
There’s growing scepticism about what LinkedIn really has to offer beyond digital badgering.
National
Unions mobilise against Building and Construction Commission
Australia’s militant construction union has pledged to defy tougher rules on right of entry for union officials to the workplace being imposed by federal and state governments, breaking the law if they deem it is needed to represent their members.
- BCA seeks deal on domestic gas supply
- Hope Welker sides with Gina in Rinehart family dispute
- Qld may grant three new casino licences: Newman
- ASX urges criminal record, bankruptcy and character checks on directors, executives
- Shorten demands unity
- Infrastructure Australia shake-up looms
- Economists disagree with researchers over GST and food
- Full sale of Qld energy assets not on agenda
Forrests’ $65m giveaway to University of Western Australia
Andrew and Nicola Forrest have decided to give $65 million to university research – the largest ever single donation of its kind – in a coup for the University of Western Australia.
Opinion
GFC adjustment merely delayed
Editorial | Five years ago this week, the Rudd government launched its first round of stimulus spending to pre-empt a return of the Great Depression.
Sealing investment protection with eye on US debt ceiling
Investors can utilise an option strategy to ride out economic and political uncertainty in the US.
Barnaby Joyce flouts promise of food bowl
Paul Howes | The reins of agriculture policy have fallen to Barnaby Joyce and the Nationals. This is, in short, a major worry because their impulse will always be to narrow their eyes suspiciously at the foreign investment need for a fully fledged, modern agribusiness.
World
China inflation rate rises faster than expected
China’s inflation rate picked up to 3.1 per cent last month, which was slightly faster than expected and its highest level since February, following a rebound in vegetable and pork prices.
- Lagarde sees risk in US spending cuts
- No house rules amid dysfunction
- Global growth hits low gear, says IMF
- One million Indians return home after cyclone
- US confidence is declining fast
- International pressure builds on US over debt impasse
- Consensus and communication Yellen’s big tasks
- The assumptions of Abenomics
- China data sends mixed messages
Ted Cruz’s crusade leaves Republican Party bruised
The story of the past few weeks in Washington can be summed up in a single headline: “How Ted Cruz won and the Republican Party lost.”
Business
Newcrest Mining under further proxy fire ahead of AGM
The tide of protest against Newcrest Mining is building ahead of the goldminer’s annual meeting next week, with another two proxy advisers recommending against key resolutions to be put to shareholders.
- Linc’s Bond eyes coal spin-off after relist
- Online broking soars at National Australia Bank as shares surge
- iSelect chief executive McCann resigns
- CFO optimism spikes after election, action elusive
- CPA board rejects DEXUS consortium’s $2.7bn bid
- Seven-year wait for A350s ordered this year: EADS chief
- Nine takes full control of digital group Mi9
- Shaw continues PhillipCapital poaching with securities head
Echoes of Sydney in Crown’s Qld welcome
Queensland Premier Campbell Newman has rolled out the red carpet to gaming billionaire James Packer with the decision to open up Brisbane’s prime riverfront real estate to a new six star casino development.
Technology
Potential BlackBerry sale no threat to ANZ operations
The local head of smartphone pioneer BlackBerry has said the Australia and New Zealand operations of the company are not threatened by the potential sale of the business, and that taking the company private could be a boon for its future prosperity.
- Business understanding of cyber attacks a decade out of date
- Mint Wireless to launch local version of US payments start-up Square
- There’s no trouble that can’t be shot
- Freelancer.com chief Matt Barrie will get salary boost, $100m stake
- I don’t plug, but I want a Moga
- Twitter’s $10m man – and he’s not even the CEO
- Service Stream appoints Terry Sinclair as MD
- Nokia design guru urges Apple to end cable chaos
- Nine takes full control of digital group Mi9
Why Samsung’s Galaxy Gear smartwatch isn’t so smart
The professional career of gadget reviewers look secure for a good while longer thanks to Samsung’s Galaxy Gear smartwatch.
Markets
US debt woes keep ASX in the red
The Australian sharemarket fell on Monday with global investors despondent about the ongoing failure of US politicians to reach an agreement on acceptable terms for government spending and debt rules.
- Housing blip not enough to turn the tide on rates
- Dollar could surge if US defaults
- Wells | ASX notches 2nd-lowest volumes as debt ceiling drags on
- $A up as US concerns dominate sentiment
- China inflation rate rises faster than expected
- Lagarde sees risk in US spending cuts
- Local pulses racing as US debt deal slips
- No pressure on Washington as Dow Jones rallies
- Margin lending makes a comeback
Good investors put aside emotions
Having a decent education isn’t enough when it comes to investing money successfully, says Investors Mutual’s Hugh Giddy.
Personal finance
Home is where the brewery is
While practising as a corporate lawyer, Peta Fielding brewed up a plan to create a boutique beer company harking back to the traditions of the local inn.
- Grab a bite of life’s rich menu in NYC
- Housing heat calls for cool heads
- Challenger plays the same game, just on a different field
- Oil prices tumble, reserve stocks rise
- NAB expects house price growth to dampen
- Owner-occupiers dive into new-home market
- BoQ urges government to fix system ‘inequities’
- Company directors in the dark on duty to creditors
- Funds attack Polish move to transfer pension assets to state
Sharemarkets call Washington’s bluff
Although the budget impasse in Washington is no doubt making global investors nervous, risks markets have taken the uncertainty reasonably well so far.
Lifestyle
The warmest welcome in Istanbul
The Intercontinental in Istanbul is set apart by its warm and resourceful staff.
Adventurous Parisian wine bar is a one-woman show
Camille Fourmont is not just the owner of the hyper-fashionable Paris wine bar La Bouvette, she is the sommelier, waiter, cook and dishwasher.
Glasgow throws off its battered image
Once synonymous with drunken violence and deep-fried food, Glasgow has boldly stepped out of the shadow of Edinburgh.
Discover the cool Monte
For more than a decade after the breakup of Yugoslavia, Montenegro seemed to hold no place in the traveller’s mind.
Latest TV
Market Outlook | US debt focus
The RBA minutes are out this week and Glenn Stevens is speaking on Friday, though associate editor Phil Baker says markets will be driven by the US debt ceiling standoff.
Brahimi hints on Bennelong
The chef in the middle of the controversy over the departure of the Guillaume at Bennelong restaurant from the Sydney Opera House has hinted he'd be open to returning.
Rear Window gets ready for spring racing
Rear Window’s Joe Aston is getting into the Spring Racing Carnival spirit, awkwardly.
Meridian seeks Australian support
Street Talk reveals that Meridian Energy chief executive officer Mark Binns will be back in Australia this week to spruik the New Zealand power company’s multi-billion dollar float, due later this month.
