Today
- Opinion
- Opinion
Local fundies dodge Greensill insolvency
Greensill Capital’s move to the brink of insolvency coincides with investors in global markets rethinking the merits of high-growth stocks with fantastic valuation multiples.
- Tony Boyd
Yesterday
- Opinion
- Opinion
Myer has a big city problem
Myer’s CBD stores account for 30 per cent of earnings. Restrictions on tourism and remote working are likely to weigh on the group for some time to come.
- Updated
- James Thomson
- Opinion
- Opinion
Xero’s biggest ever deal creates four growth options
Xero’s $285 million acquisition of a Danish rostering platform is about making its ecosystem for SMEs even stickier.
- Updated
- James Thomson
- Opinion
- Opinion
Nine CEO’s four big challenges
Nine’s new CEO Mike Sneesby inherited a well-run operation from predecessor Hugh Marks, but he has work to do in TV and print.
- Tony Boyd
This Month
- Opinion
- Opinion
A glimpse into Greensill’s Gupta exposure
A large funding facility provided by Greensill to one part of Sanjeev Gupta’s empire provides a glimpse of the pair’s relationship.
- James Thomson
- Opinion
- Opinion
Rest should give ASIC sob story a rest
Perhaps the most extraordinary part of the civil action launched by the corporate watchdog against superannuation giant Rest is the industry fund’s reaction to it.
- Updated
- James Thomson
- Opinion
- Opinion
Rio chairman failed his biggest accountability test
Rio Tinto chairman Simon Thompson is departing not because of the Juukan Gorge disaster itself, but for his handling of its aftermath.
- Updated
- James Thomson
- Opinion
- Managed funds
Inside Yarra’s $20b deal to grab Nikko
Fund managers know how crucial scale is, but they’ve been slow to do much about it. Yarra’s Dion Hershan won’t be left behind.
- James Thomson
- Opinion
- Opinion
Clouds hang over Greensill’s future
Cheap and abundant capital has been crucial to Greensill Capital’s supply chain financing product. But where too much capital exists, risks will emerge.
- Updated
- James Thomson
- Opinion
- Opinion
‘Frenzy of activity’: Why the RBA needs house price to rise
HSBC chief economist and 12-year RBA veteran Paul Bloxham says the central bank will view the upswing in economic activity as evidence monetary policy is working.
- Updated
- James Thomson
- Opinion
- Opinion
NAB chairman: boards must push executives harder
Phil Chronican says bold strategy and investment is needed from companies that want to break away from the pack in a post-pandemic world. Governments can help this in five ways.
- Updated
- James Thomson
- Opinion
- Opinion
The real message bonds are sending on stocks
Rob Almeida says equity markets should be more worried about the tepid growth rates implied by bond markets than the recent sharp jump in yields.
- James Thomson
- Opinion
- Opinion
Buffett’s struggle with self-awareness
In his latest investor missive, Warren Buffett chides investors sucked in by “story” stocks. But the letter plays up to Berkshire Hathaway’s own folksy tale.
- James Thomson
February
- Opinion
- Opinion
AGL faces an existential crisis
Winning in the Australian energy market used to be about matching consumers to coal and gas-fired power. AGL Energy shareholders are making the painful discovery it is all about alternative technologies.
- Tony Boyd
- Opinion
- Opinion
AMP’s clever deal to gain global reach
After three years of dealmaking and failing to sell itself, AMP has struck a $3b deal with Ares Management to turbocharge its exposure to infrastructure asset management.
- Tony Boyd
- Opinion
- Opinion
Five things to watch for coming out of profit season
Economic recovery and dividend surprises were the big profit season stories. But a surprising number of firms turned to new CEOs and new strategies.
- James Thomson
- Opinion
- Qantas
Qantas shows the COVID-19 way
The largest half-year loss in the history of Qantas belies the fact that chief executive Alan Joyce has deftly steered the airline through the pandemic in good shape to ride the recovery.
- Tony Boyd
- Opinion
- Opinion
Stockland’s housing warning
Mark Steinert delivered his last profit result on Thursday after seven years as CEO of property group Stockland. He returned to a familiar theme - Australia’s poor track record in supplying land for detached housing.
- Tony Boyd
- Opinion
- Opinion
What we learnt: A2 Milk, Flight Centre, Life360
A2 Milk longs for the past, Flight Centre gets on its recovery bike and Life360 tracks down a potential deal.
- James Thomson
- Opinion
- Opinion
Afterpay takes aim at Wall Street
Its founders each took a $60 million payday as the company moves to take greater control of its US business in a possible precursor to a Nasdaq listing.
- Updated
- James Thomson
