Tagged: AFR

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Reith warns of 'inevitable' recession

By Staff Reporter Mr Reith, who served in cabinet from 1996 until 2001, is pushing for industrial relations reform as well as changes to tax laws that aid wealthy older Australians. “What you don’t...

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DataRoom AM: Apache energiser

By Daniel Palmer Finally, Asian private equity firm Navis Capital Partners has raised its exposure to café chain Dôme Coffees Australia to as much as $100m, while automotive auctioneer Pickles Auctions has claimed a 10 per stake in inventory clearance firm Tiger Asset...

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Australia rising up cost curve: Glencore

By Staff Reporter Mr Buffier said a fall in the Australian dollar was likely needed to address the balance and return Australia to a more competitive position. “Australia has moved up that cost curve,”...

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Economy faces a ‘difficult ride’

By Staff Reporter Quentin Grafton said a reduction in business investment, a high Australian dollar, an overvalued property sector and softening prices of key commodities would all weigh on the local economy in the...

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Macquarie shutters more van Eyk funds

By Staff Reporter Van Eyk chief executive Mark Thomas said in a letter to shareholders last week that the company “has been experiencing a difficult situation with the sudden termination of the four Van Eyk...

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DataRoom AM: Iron ore intrigue

By Daniel Palmer Cliffs Natural Resources has long been a rumoured seller in Australia and an auction now appears imminent after overnight reports of the US-based miner hiring Jefferies Group to sell its local iron ore mines.  China’s Wuhan...

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Aust homebuyers have ‘world best’ deal

By Staff Reporter While ASIC and the RBA both cautioned on the risks involved in artificially boosting competition, Mr Symond said the main reason for the Financial Services Inquiry to ignore a push to...

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Aust homebuyers have ‘world best’ deal

By Staff Reporter While ASIC and the RBA both cautioned on the risks involved in artificially boosting competition, Mr Symond said the main reason for the Financial Services Inquiry to ignore a push to...

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DataRoom AM: Macquarie's mortgage fancy

By Daniel Palmer As discussed in this column yesterday, talks are believed to be underway with Government Investment Corporation of Singapore and Canada’s PSP over a possible 50 per cent stake in nine Westfield-branded NZ malls and if a deal cannot...

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Markets Live: Harvey Norman rallies again

Optiver’s Asia-Pacific chief Luke McElnea confirmed the decision made last week via email to the AFR. “Optiver Australia has ceased to operate as an official market maker for Australian Exchange Traded Options (ETOs) and...