Today
- Opinion
- Opinion
Jamie Dimon reveals three risks – and his leadership secret
We extracted the big lessons for investors and leaders from the JPMorgan CEO’s 27,000-word letter to shareholders.
- 24 mins ago
- James Thomson
Yesterday
- Opinion
- Opinion
‘Big Short’ hero’s new big idea is one Aussie investors can ride
Famed US investor Steve Eisman says that when things are good, markets trade on stories. But there’s one theme that stands out from the rest.
- James Thomson
- Opinion
- Mergers & acquisitions
Private equity back to clean up its mess at troubled jobs agency
Jobs agency APM’s situation gets more bizarre as it goes looking for another frog to kiss.
- Anthony Macdonald
- Opinion
- Opinion
We’re still waiting for the silver bullet for grocery prices
Cost of living pressures may have led to the current rush of grocery inquiries, but we’re no closer to finding the solution.
- James Thomson
- Opinion
- Mergers & acquisitions
Ansell shows how to create new interest in an old story
Cheap stock never goes out of fashion. The key for a company is to issue it only occasionally, and make the most of when it does.
- Anthony Macdonald
- Opinion
- Opinion
Hudson walks a fine line with Qantas’ $120m loyalty revamp
In recent months, Vanessa Hudson has done well to pull Qantas out of its ugly dive. The airline is saying all the right things and also starting to walk the talk.
- James Thomson
This Month
- Opinion
- Energy transition
Richard Goyder’s plight is worth watching
It’s a surprise to see a proxy adviser take on Woodside Energy chairman Richard Goyder. But it is another timely reminder of the way capital markets are headed.
- Updated
- Anthony Macdonald
- Opinion
- Supermarkets
Rise of the corporate farmer changes the supermarket game
Who is growing our food? An influx of institutional capital into farmers and growers suggest the game has changed.
- Anthony Macdonald
- Opinion
- Interest rates
Big hurdle needs to be cleared before interest rates can be cut
The easy work’s done in the inflation fight. But the missing piece before interest rates can be cut looks more elusive.
- Anthony Macdonald
- Opinion
- Mergers & acquisitions
Deal activity passes litmus test, more M&A in the tank
Bankers and lawyers always say they’re busy. They have to. But believe them when they say deal activity is better this year.
- Anthony Macdonald
- Opinion
- Lendlease
You can bank on change at underperforming Lendlease
Boards hate it when big investors speak out about their strategy, but it usually sparks action.
- Anthony Macdonald
- Opinion
- Retail
Why big Sigma backer sold down ahead of Chemist Warehouse ruling
It is usually worth following the money in merger deals, which makes trading in Sigma Healthcare interesting.
- Updated
- Anthony Macdonald
- Opinion
- Mergers & acquisitions
Why a blockbuster IPO would be better off in private equity hands
We all like to see businesses list on the ASX, but APM is one that would be better in private equity hands. Its credibility is shot.
- Anthony Macdonald
- Opinion
- Mergers & acquisitions
Packaging group hits the turps, investors stuck with the hangover
A once boring packaging company is doing what it can to make investors more wary of big offshore M&A.
- Updated
- Anthony Macdonald
- Opinion
- Investment banking
Meet the Australian running Citi’s new team of 6000 bankers
From running Credit Suisse and Citi in Australia, to being involved in the biggest reshuffle at Citi in 25 years, David Livingstone says he wouldn’t have it any other way.
- Updated
- Anthony Macdonald
- Opinion
- Private equity
Private capital’s surprisingly sluggish year prompts rethink
Just when we thought the push to private capital was flying, new fundraisings have slowed down. Is it a hiccup, or more?
- Anthony Macdonald
March
- Opinion
- Opinion
Lessons from a fund that has beaten the market for 50 years
Since 1973, Capital Group’s New Perspective Fund has ridden the shifting tides of world trade. With deglobalisation taking hold, will the strategy hold up?
- James Thomson
- Opinion
- Cochlear
Can a vaccine slow down the Cochlear train?
Cochlear is firing for investors, but you have to wonder whether everyone’s getting a bit carried away.
- Anthony Macdonald
- Opinion
- Mining
Soul Patts’ Millner rails against secretive new laws
Two words are frightening senior Australian executives; few are willing to say them publicly. The words are “nature positive”.
- Anthony Macdonald
- Opinion
- Opinion
Westpac’s $3.5b tech catch-up is a warning to ANZ
Fifteen years after buying St George, Westpac is finally unifying its banking systems. ANZ investors will hope they’re not hearing about the Suncorp integration in 2039.
- James Thomson
