Mega super funds will threaten ASX
With the superannuation pool running into many trillions of dollars and capital concentrated in a handful of mega funds, Australia may be questioning the purpose of traditional equity markets.
Manikay wants MYOB to share expert's report
Manikay Partners says the directors of MYOB have a duty to reconsider its recommendation of the KKR takeover after sharemarkets erased the losses of late 2018.
Why finding value has only got harder
Kevin Charleston has seen just how tough it can get when the market falls heavily but it has only strengthened his belief that fundamental intrinsic value analysis is the best way to invest.
$9m paid after Manus project scrapped
Just weeks before the government engaged Paladin for $423 million of security work on Manus Island, it paid Toll Group $9m for work it never started.
Goldsky investors brace for heavy losses
Goldsky liquidators say investors in the hedge fund are likely to lose more than 90pc of their capital after it was spent on items such as fake Louis Vuitton loafers.
Trump wage rises ignored by Shorten
US wages growth has hit a 10-year high of 3.4 per cent. It undermines Bill Shorten's anti-big business campaign that a pro-business President Donald Trump has presided over this.
Timber fight another blow to IOOF
Beleaguered wealth group IOOF faces a forest of problems, including fresh legal action over a timber business.
Costa Group's recovery intact as prices rebound
Costa is benefiting from better pricing in the key categories of tomatoes and berries since its shock profit downgrade in January. That will come as a relief to investors who see the company as a long-term growth opportunity and value it as such.
Elders says Ruralco deal is expensive
Elders boss Mark Allison has broken his silence on Nutrien's $469 million takeover of Ruralco, saying it is a blessing in disguise that will deliver his company a big boost in market share in farm services.
ACCC push for $100m penalties 'misdirected'
Competition tsar Rod Sims should be targeting executives, says a competition law expert
Carbon speedbump for Woodside dealmaking
A carbon ruling in Western Australia has come at an awkward time for the country's biggest home-grown LNG exporter.
World's biggest fund to dump Woodside, Santos
Norway's sovereign wealth fund announces plans to sell off holdings of oil and gas producers with few exceptions.
Data says fundies should chase IPO allocations
Super funds should try and cut their trading costs rather than pay commissions to brokers in the hope that they will get rewarded with allocations to hot floats, according to new research.
ASX outperformance likely to end
The outperformance of the Australian sharemarket is likely to come to an end, as the prospect of rate cuts is replaced by low profit growth amid a global economic slowdown.
How FMG drowned out false alarms
Andrew Forrest's Fortescue Metals Group answered its doubters with first half results that beat consensus forecasts.
Australian dollar seen at US81¢
FX strategist Adarsh Sinha sees the Aussie steadily rising to US81¢ by the fourth quarter of 2020, pinning near-term expectations on a bet that Chinese authorities will ramp efforts to bolster growth.
Norway fund's move away from oil first of many
When an endowment built on oil rejects the commodity, the decision is worth scrutinising.
Opinion
Timber fight another blow to IOOF
Beleaguered wealth group IOOF faces a forest of problems, including fresh legal action over a timber business.
ACCC's fears on Big Tech's power get US backing
Elizabeth Warren's plans to break up big tech companies Google, Facebook and Amazon will be food for thought for Rod Sims.
NSW a sign of things to come?
Scott Morrison was a beaming if silent presence at the NSW Liberals' campaign launch. But his smile is as stretched thin as Gladys Berejiklian's these days.
Coleman readies for carbon wars
Woodside boss Peter Coleman says the West Australian EPA agency has overstepped its remit and blindsided the sector.
Spending auction unveiled at NSW election launches
The final weeks of the NSW election campaign have descended into a spendathon.
Health funds warn they will be on life support
Health insurance could become a luxury item for the wealthiest Australians with just a third of the population able to afford cover, insurers' lobby claims.
Banks buy their way out of Hayne pain
The big four banks have injected an extra $37 million into community programs as the finance sector fights to repair its reputation in the wake of the Hayne royal commission.
Pay hikes 'surpass rising living costs'
There are duelling narratives over wages as the government says pay rises have outstripped inflation while Labor calls on the Fair Work Commission to "do the right thing" for workers.
Nationals MPs face heat over climate change
New projections show rural electorates will overwhelmingly bear the brunt of temperature rises caused by climate change.
Evidence mounts that Kim welched on Trump deal
Evidence is now mounting that Kim Jong-un has used his talks with Donald Trump as a distraction from North Korea's continued arms build up.
US wages finally pick up
The White House says America's surging wages and productivity growth confirm company tax cuts and deregulation "are working".
China 'hopeful' of securing US trade deal
A senior Chinese official says negotiating teams are working "day and night" to resolve their differences.
Deal will help tame Indonesia's risks
The new trade deal with Jakarta is not a game changer. But it is a bridge over some of the challenges of the Indonesian market.
China's leaders talk openly about economic challenges
China's growth is slipping to levels that, while still the envy of most developed economies, are the lowest in three decades.
Personal Finance
Super funds trawl eBay for spare parts
Financial services companies with obsolete systems that service 2.4 million Australians are being forced into some unusual situations.
What if franking credit refunds didn't exist?
If the cash refunds for franking credits didn't exist, it would be very difficult to justify their introduction, writes Andrew Leigh.
Taxes should change to include gig economy
Australians are already spending $15 billion a year on sharing platforms, and the Morrison government is considering what tax changes are needed.
Low-growth states need help on uni numbers
Low-growth economies have been hit hard by the university funding freeze and need assistance to lift participation to targeted rates.
Private equity and The Cat lob early offers on regional
Private equity funds and former Domain boss wait on next stage of Nine's regional papers sale.
'Holistic' test for all students may raise standards
ANU's new whole-of-person admissions system is challenging old ideas about academic standards at university.
Brand 'pretty much priceless', says BBC exec
BBC Studios chief executive Tim Davie says brands need to stand for something to fight disruption.
Lifestyle
With a top speed of 341km/h, this Spider has bite
The McLaren 720S Spider convertible is a super speedy drop-top, with a price tag to match.
