This Month
The ACCC’s new target | What makes an elite CEO | Earnings season predictions
This week on the Chanticleer podcast, Anthony and special guest companies editor Vesna Poljak look at the ACCC’s latest target, discuss what makes an elite CEO, and make some predictions on earnings season.
- Opinion
- Chanticleer
The Good Guys debacle reveals inflation’s unexpected consequence
When inflation peaked at 7.8 per cent 18 months ago, no one could’ve predicted how it would affect some of our big brands.
- Anthony Macdonald
Not so Good Guys: Electronics chain misled shoppers for years, says ACCC
Customers at the JB Hi-Fi-owned chain may have purchased items which they might not have done otherwise, according to ACCC chair Gina Cass-Gottlieb.
- Carrie LaFrenz
- Opinion
- Insolvency
Booktopia’s outsized ACCC penalty may have sped up its decline
The ACCC secured $20 million in fines against Meta, Facebook’s parent. If the fine was proportionally the same size as Booktopia’s, it would have been $82 billion.
- Aaron Patrick
Shipping crises ‘spanner in works’ for inflation fight
Australian consumers and retailers are facing long delays and higher prices for goods from Europe and Asia amid an international shipping crisis that could stoke local inflation.
- Tom Rabe and Jenny Wiggins
Veteran banker Jon Gidney joins Cettire board
The former investment banking heavyweight has joined the luxury goods platform, which is yet to appoint any female directors.
- Carrie LaFrenz
Anzac Day shopping ban restricts choice, retailers say
Retail trade will be banned on Anzac Day in NSW, giving the state some of the nation’s most restrictive rules in a move to counter “creeping commercialism”.
- Gus McCubbing, James Hall and Lucy Slade
New suitor emerges for Booktopia, as bid deadline looms
digiDirect has hired PwC to advise it on a potential purchase, and brought in several former senior Booktopia staff for advice.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Updated
- Mergers & acquisitions
Bapcor rejects Bain’s $1.83b offer, lures exec chair from 7-Eleven
The struggling automotive parts group also flagged an impairment, and said the private equity firm’s cash proposal did not reflect the value of the company.
- Updated
- Carrie LaFrenz
- Retail Winner
- Sustainability Leaders
Customers love this cool solution to getting rid of old fridges
Winning Group brand Appliances Online has stopped 80,000 tonnes of electronics and appliances from being dumped in landfill, earning the company top spot in the Retail category.
- Gus McCubbing
Guzman y Gomez is a Morgans special with the lot
The Brisbane-based broker quietly co-led the company’s IPO, with its junior sell-side analyst even getting his slice.
- Myriam Robin and Mark Di Stefano
Fast cars, pricey digs: the luxurious (rented) life of Jon Adgemis
As he tries to sort out his creditors, the former KPMG dealmaker still gives his address as one of Point Piper’s more luxurious piles.
- Primrose Riordan
Woolworths’ trashed reputation will cost Banducci
Woolworths has gone from the 7th most reputable corporate in Australia to the 42nd, on figures that feed into its management scorecard.
- Myriam Robin
- Exclusive
- Private equity
Quadrant taps Houlihan Lokey for premium pet food review
The private equity firm with a strong track record in the pets category is mulling its options, including a sale of the premium Prime100 brand.
- Carrie LaFrenz
Pharmacies face an ‘Uber’ moment – whether they like it or not
Stephen King, who led a Health Department review into the sector, says antiquated ownership restrictions should be abolished before they do more damage.
- Carrie LaFrenz
Morgans joins the Guzman y Gomez hallucination
New coverage from the Brisbane firm puts out a bull case of an imagined reality.
- Mark Di Stefano
Kogan, QBD on the scene at collapsed Booktopia
Booktopia also offers “unique” technology, website assets and systems, and wholesale sales channels into retail and educational markets for a would-be acquirer, sources noted.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- The AFR View
Dutton’s populist break up big stick betrays Liberal principles
Cheap anti-business sentiment is fuel for the left and right-wing populists causing havoc in Europe and the US. No one should be rushing to bring it here.
- The AFR View
Guzman y Gomez worth $62 if US dream succeeds: Morgans
The broker initiated coverage with a $30.80 price target, but says the Mexican fast-food chain could be valued at $62 with a successful push into the United States.
- Carrie LaFrenz
Anacacia taps into the golf craze with MGI investment
Street Talk understands Anacacia’s Private Equity IV fund is seeking to acquire 80 per cent of family-run golf motorised buggy retailer MGI Golf.
- Sarah Thompson, Kanika Sood and Emma Rapaport
