There will always be jackals milling around a smelly corporate carcass. But none will want to pay top dollar for this one.
The government alone cannot solve the imbalance in supply and demand in the housing market.
The likes of Andrew Forrest and Gina Rinehart’s companies will receive an indirect boost to mine and process critical minerals or develop green hydrogen.
Anglo American has rejected BHP’s second,higher takeover offer. But playing hard is getting harder.
Australia’s government and regulators have plenty of allies in their attempts to rein in the behaviour of platform owners – but it’s just not that easy.
This season was not one that banks will be crowing about – all experienced a fall in profits and the themes were remarkably similar.
Hostilities have broken out over wealth powerhouse Perpetual’s deal to sell two of its major divisions and brand to private equity giant KKR.
Amid a cost-of-living crisis,energy companies have large targets on their backs,along with supermarkets,banks and airlines.
While the airline is up for $120 million in fines and compensation,Qantas could have ended up paying a far heavier price for its so-called “ghost flights”.
This week’s results provide a reality check for those who argue that the highly concentrated banking and supermarkets sectors lack competition.
The big banks are rethinking how much risk they can take when it comes to lending,as some say that excessive regulation is only helping wealthy borrowers while others miss out.