The dream is officially over for iron ore
Nev Power, the man who runs Andrew Forrest's third force in iron ore, Fortescue, is something of an optimist.
Elizabeth Knight comments on companies, markets and the economy.
Nev Power, the man who runs Andrew Forrest's third force in iron ore, Fortescue, is something of an optimist.
Get set for a price war in our mobile phone market with the near-$2b entry of TPG.
Stock market watchers were frozen in anticipation on Monday as the ASX headed towards that magic 6000 mark - a level which we haven't seen since the GFC.
The balance sheets of Australian households with a mortgage are dangerously exposed to any fall in house prices.
As residents and businesses clean up from the ravages of Cyclone Debbie, a second round of damage is hitting. Now insurers' shareholders and policyholders are feeling Debbie's blast.
Only the government has a weapon large enough to stop the housing juggernaut.
Australia's largest banks versus Apple; there's no contest.
APRA is caught between a rock and a hard place in its attempts to reduce lending risk in the residential property market.
TPG may now wait until after Fairfax completes the spin-off of digital real estate group, Domain which is scheduled to be completed before the end of the calendar year, before it makes any takeover move.
It appears almost a fait accompli that Fairfax Media is now in play. How the giant private equity group TPG, which has reportedly acquired just under 5 per cent of the company's shares, runs the process or deals with the assets is yet unclear.
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