Today
- Opinion
- Opinion
Fink sees ‘a seismic reallocation of capital’
BlackRock boss Larry Fink says the firm is already winning fund flows thanks to the push by clients to invest with a climate risk overlay.
- Updated
- James Thomson
This Month
- Opinion
- Hedge funds
The star stock pickers with a social purpose
TDM Growth founders Hamish Corlett and Tom Cowan are churning a slice of their profits into charities.
- Tony Boyd
- Opinion
- Opinion
Macquarie's got a lot riding on Nuix
A dearth of activity has put the spotlight on opportunities in the pipeline that could significantly benefit Macquarie's bottom line. The deal of the moment is criminal intelligence software analytical company Nuix.
- Tony Boyd
- Opinion
- Opinion
The seven sins of Crown’s board
Crown and James Packer can find a way through NSW casino inquiry. But big changes to the board and governance seem certain.
- James Thomson
- Opinion
- Opinion
'Declining usefulness': MacCap strategist exposes humanity's big problem
The information age, with its stagnating incomes and rising inequalities, has not been kind to Trump's base and it is going to get worse, according to a new book by Macquarie Capital strategist Viktor Shvets.
- Tony Boyd
- Opinion
- Opinion
James Packer gets a pasting – and a lifeline
A cap on James Packer's voting power at Crown may present a way for him to retain all of his stake.
- James Thomson
- Opinion
- Opinion
NAB must do something it's not done for 30 years
NAB chief Ross McEwan knows he needs to bring down expenses, but he says three decades of economic growth means banks need to relearn the art of cost-cutting.
- James Thomson
- Opinion
- Opinion
Brace for disruption no matter who wins
It is worth thinking about some certainties over the next four years - nationalism, China relations, climate change and financial markets.
- Tony Boyd
- Opinion
- Opinion
Packer and Crown’s worst fears confirmed
In the space of a few minutes, James Packer and Crown Resorts learnt their chances of hanging on to the Sydney casino licence hangs by a thread.
- James Thomson
- Opinion
- Opinion
Woolies races to keep up with online shopping revolution
The COVID-19 led surge in Woolworths' online sales is far from over, but chief executive Brad Banducci needs to race to keep up with this dramatic shift.
- James Thomson
- Opinion
- Australian economy
The dilemma facing savers following RBA's historic move
The RBA specifically says it wants asset prices to rise as it joins the world's central banks in quantitative easing. Shares and property will be in the sights of those holding low-yield deposits.
- Tony Boyd
- Opinion
- Opinion
Tabcorp’s tote problem is racing’s big worry
Racing has done well to make it through COVID-19, but the pandemic is heightening concerns about the way prize money is funded.
- James Thomson
- Opinion
- Opinion
Westpac's perennial IT fix
Digital transformation has been on the agenda at Westpac for 20 years and shareholders may lose patience given the bank is losing market share in mortgages.
- Tony Boyd
- Opinion
- Opinion
Giddy-up: What investment icons learnt from punting
The Melbourne Cup is a good time to reflect on the lessons Howard Marks, Charlie Munger and Peter Morgan have taken from gambling to make them better investors.
- James Thomson
- Opinion
- Opinion
AMP runs rings around Ares Management
Takeovers are a game of cat and mouse as the bidders seek to buy as cheaply as possible and the targets try to squeeze out every extra cent for shareholders. AMP's advisers Goldman Sachs and Credit Suisse have so far outplayed Morgan Stanley.
- Updated
- Tony Boyd
- Opinion
- Opinion
Westpac's in a bigger hole than we thought
The bank's result was always going to be bad. But the 62 per cent fall in cash earnings to $2.6 billion shows deeper problems.
- James Thomson
- Opinion
- Opinion
US election magnifies second-wave risk to markets
Global markets will suffer if stimulus measures don't match the ferocity of COVID-19's second wave. But the US election could show investors that's no sure thing.
- James Thomson
- Opinion
- Opinion
Seek drama highlights investors' China dilemma
China's sharemarket is too big to ignore, but it's not easy to access for local investors. One wealth firm has taken a boots-on-the-ground approach.
- James Thomson
October
- Opinion
- Opinion
Hybrid solution should end virtual AGM push
Treasurer Josh Frydenberg's intervention in the virtual AGM debate is sensible. Hybrid AGMs can maximise accountability and participation.
- James Thomson
- Opinion
- Opinion
Seek attacker's 10 red flags
Short sellers don't always get it right when they attack businesses for allegedly misleading shareholders. But more often than not they find tell-tale signs of hidden problems.
- Tony Boyd
