Budget exposes bank resentment
Treasurer Scott Morrison's budget reveals the depth of rancour toward Australia's big banks and those who run them.
Banks brace for tax on liabilities
Australia's big four banks are bracing themselves for a new tax on balance sheet liabilities in the budget which is said to raise $6 billion over four years.
Qantas CEO's vision no pie in the sky
Alan Joyce dealt with a pie to the face with calm, but the rising Qantas share price has the market excited.
Banking blues as levy fears add to margin woes
A lacklustre trading update from the nation's biggest lender and the threat of a new levy on balance sheet liabilities delivered the banking sector one of its darkest days in a decade.
Fazzino's 'alarmist' energy call pays off for Incitec
James Fazzino, who handed down his likely last set of results on Tuesday before leaving Incitec Pivot, has repeatedly proved his critics wrong.
Time to get creative with inquiries
Why not show some creativity and conduct an inquiry into the other "big four" – Google, Facebook, Apple and Amazon?
Corporate lending's aggressive turn
Westpac's interim result confirms that Australia has entered a new era in corporate lending with a shift from long-term relationship banking to aggressive hedge funds and bondholders.
TPG promises to protect journalism
Private equity firm TPG knows it faces an uphill battle convincing Australian politicians that it has the best interests of independent journalism.
Macquarie deserves re-rating as a fund manager
There is one minor problem in thinking about Macquarie as a fund manager. Fund managers don't tend to get paid as much as bankers.
Winners and losers from ACCC decision
The competition regulator's decision to preserve the status quo in mobile networks in rural areas means Australia will remain an outlier.
Bullish tone at Mac conference
The annual Macquarie conference ended with its reputation enhanced as a place for troubled and well-performing companies to come clean on their financial performance.
NAB is yet to reach its potential
It is a measure of how tough it is in Australian banking that the single best performing business at NAB in the half year was corporate and institutional banking.
Whistleblowers lack protection
The next time you hear about the comprehensive whistleblower policies of a leading company or not-for-profit organisation consider this anecdote.
Vocus downgrade fatal for credibility
The spectacular 20 per cent profit downgrade at Vocus two months after it confirmed its full-year guidance is a possibly fatal blow to the credibility of management and board.
Winners galore with second airport
Why Sydney Airport's decision not to develop the western Sydney airport is the best outcome.
ANZ's Elliott has plenty up his sleeve
If the measure of a good business is a focus on costs, capital and cash flow then Shayne Elliott at ANZ Bank is doing all the right things.
Officeworks confounds IPO brokers
A $400 million mystery question hanging over the Officeworks IPO has set the stage for a lively debate among fund managers, brokers and other potential investors.
RCG joins club that nobody wants to be in
The second profit downgrade in three months by RCG Corp means the once fast growing footwear retailer is a now a member of a less than salubrious club.
Platinum responds to market forces
How market forces led to Kerr Neilson's Platinum Asset Management decision to slash fees and launch several ASX-listed funds.
Private equity loses Tatts bet
The sudden fall in the share price of wagering and lotteries group Tatts Group on Friday would have provided a modicum of consolation to the losing bidder, the Pacific Consortium.
Protection strategies get mixed results
If there is one overarching criticism that can be levelled at active equities managers, it is their lack of creativity.
Credit Suisse tries to bury its capital problem
Credit Suisse CEO Tidjane Thiam has moved to finally bury the capital inadequacy issue that has dogged the bank.
Government decentralisation no silver bullet
The obsession with decentralising the federal public service looks to be driven by politics rather than any rational analysis of the available evidence.
How Integrity went from $5b to $30m
When it comes to boutique funds management, few can match the rollercoaster ride experienced by star fund manager Paul Fiani.
Amazon's winners and losers
Amazon's entry into Australia may be good news for consumers, but there is a flip side to the company's arrival.
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