Why the Tabcorp takeover of Tatts should get the green light
![Investors have been generally supportive of the Tabcorp merger with Tatts.](/web/20170202114753im_/http://www.smh.com.au/content/dam/images/g/s/h/m/k/c/image.related.landscape.120x80.gu3y5h.png/1486009512054.jpg)
The results presented by gaming and wagering giant Tabcorp on Thursday underline why the competition regulator should reverse its 10-year-old decision to block a merger with Tatts.
The results presented by gaming and wagering giant Tabcorp on Thursday underline why the competition regulator should reverse its 10-year-old decision to block a merger with Tatts.
Email is meant to be a communications tool that assists you in doing your job, but it is not the actual job itself.
Within three years, Australians may witness one of the biggest financial raids in history.
Australia now makes more money selling tourism services to foreigners than it makes from exporting coal.
In the next couple of weeks investors will see real evidence of the fact that the Australian corporate earnings drought has broken. After two years of falling profits they are now expected to rise around 6 to 7 per cent.
With Our Glad Berejiklian - the archetypal girl who works harder than the boys - replacing pin-up boy Mike Baird as premier of NSW, should the citizens of other states be envious? Don't be too sure.
If the media industry needed proof that it moved too quickly to devalue its print products, the book industry has been making a convincing case.
If there was any doubt that wage underpayment is thriving in the $170 billion franchise sector take a look at Pizza Hut.
It's the last (unofficial) holiday weekend of summer before the new year really gets down to business on Monday. So let's have some fun. Try yourself on this simple quiz.
Donald Trump's statement that the US should have taken Iraq's oil after invading their country in 2003 is a worry on a number of fronts.
We've got a big world where we have to share a lot – more than ever before.
It's a slam dunk, right? Blocking imports into the US will be good for the US economy, adding jobs and helping to make the US great again, at least according to the mantra of the newly installed US President Donald Trump.
January 23 will be a day to remember for whistleblowers, regulators, politicians – and, of course, corporations.Â
Imagine a $2.1 trillion pile of private savings that is the result of government policies and receives hefty tax breaks, but has no clear objective enshrined in law.
Some minority investors are querying whether GoCatch has a future and whether it has squandered a first mover advantage.
On April 6, 1917, the US officially entered World War I. Just six weeks short of 100 years later, Donald Trump is being sworn in. Thus ends the "American Century".
History is replete with examples of populist authoritarian policies that produced short-run benefits but poor long-run outcomes.
It was a years-long effort that cost millions of dollars and required the leadership of a state-run corporate colossus. It was front-page news, widely discussed on talk shows and celebrated on social media.
The embattled company's handling of its chief executive's departure has attracted criticism.
The experience of Bellamy's shows exporting China's swelling middle classes can be a lot tougher than supplying China with minerals.
Where does the time go? This year will mark the 10th anniversary of the onset of the global financial crisis.
If someone running a business knew their future capacity to do so depended on ensuring they paid the correct wages, that might just give pause for thought.
Bank of America calls it the Icarus Trade: global stock markets will surge another 10 per cent in a "melt-up" this quarter, followed by a mirror "melt-down" later in 2017. HSBC's latest global outlook is even darker.
While wealth inequality has fallen across countries, within countries it has increased.
How much is it worth to save an Australian life? The Department of Prime Minister and Cabinet says not more than $4.2 million, on average.
There is perhaps no question more vexing for young Australians today than the decision whether to buy or rent a home.
The Reserve Bank is aware it is hurting retirees with lower interest rates. But it's all part of the plan.
Trump's cosying up to Vladimir Putin is straight out of the Nixon/Kissinger realpolitik playbook, seeking to befried Russia to better contain China, the country he sees as the biggest threat to the US as the world's biggest economy.
Business leaders thinking about how they might want to better themselves in 2017 would be well advised to take an intensive course in managing climate risk.
Arguably the world’s biggest bear at this time last year seems to have disappeared, but the bull who most publicly called him out has himself turned into a bear.
Think you're on the ball when it comes to Facebook etiquette? Think again.
Think you can go a whole month without drinking? It's harder, but simpler, than you think.
In a battered, dirty shopfront in St Kilda, Hari Shotham thinks he's found the future of Australian retail. An unstaffed shop full of vending machines.
Chances are you do if you're starting a fundraising campaign and you've never come across one.
A free independent guide from SMH with expert information.
A free independent guide from SMH with expert information.
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