Business

Comment & Analysis

As bank wars escalate, shareholders are the losers

South Australia's bank tax could mark a new phase in the toxic relations between banks and government.

Paul Keating's classic line "never get between a Premier and a bucket of money" has new relevance for the countrys five biggest banks, after South Australia decided to whacked its own tax on them last week.

The home loan borrowers left out to dry

Australia's highly-indebted housing market could slow in the second half of the year if banks raise their rates to pass ...

There is a hidden and worrying risk lurking for a particular set of mortgage borrowers, whose level of financial stress is about to get a whole lot worse.

Uber's lesson: We need to fix the startup culture

Uber has been embroiled in successive scandals in recent years.

Overlearning the lesson of Steve Jobs' first fall at Apple - and of founder-led hypersuccesses at Google and Facebook - Silicon Valley's investors created a culture where founders are given carte blanche.

Mining scandals: Rio Tinto's governance fiasco

Is Rio accident-prone, unlucky or is there a bigger governance problem behind its series of poor director and senior ...

In the wake of yet another Rio Tinto director resignation under a scandal-heavy cloud it's only fair to ponder whether this company is accident-prone, unlucky or if there is a bigger underlying governance malfunction behind its series of poor director and senior management choices.

How to make money by giving it away

charity

The 3 per cent of tax payers in the top tax bracket have an extra incentive to play philanthropist before June 30 – their donations will be worth 2 per cent more for them than on July 1.

Murdoch fingerprints all over Ten's body

Current legislation prevents Lachlan Murdoch and Bruce Gordon buying Ten.

Ten Network Holdings isn't dead yet, but it's on life support with administrators appointed. Should an autopsy be conducted, Murdoch fingerprints and DNA will be found all over the body.

Is Ten putting up the white flag part of a bigger plan?

Ten needed a new $250 million loan, but its billionaire shareholders moved away from backing it.

Conspiracy theorists could be forgiven for wondering why only six weeks ago Ten's management seemed pretty comfortable they had the continued support of its billionaire backers. It certainly appears that at least two of these billionaires had a change of heart.

The RBA theory that isn't working

The Australian dollar remains stubbornly high.

As the gap between Australian and American rates narrows, other things being equal, the Aussie dollar should weaken against the greenback. The problem is that the theory isn't working.

Ten Network scrambles to escape corporate undertaker

Lachlan Murdoch could be caught by the two-out-of-three media rules, and James Packer has no interest in the media.

It is difficult to see how Ten Network can escape the corporate undertaker after losing the support of the three billionaires, Lachlan Murdoch, James Packer and Bruce Gordon, who until last weekend had been keeping it afloat.

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