Golbal markets are dancing to China’s tune. Plus, the US is still lurching towards a slowdown, a failure for Macquarie,Germany has changed the dealine for its iron ore project with BHP and other business news.
Macquarie
Business As Usual: China well and truly in the driver’s seat … BP spill bill jumps to $2b …
Tips and rumours: Tips and rumours: No seriously, Do Not Call me
While marketers and the Government tussle over the future of the Do Not Call Register, actually getting someone to NOT CALL YOU is proving nigh on impossible.
John Durie’s extraordinary Alinta takeover gaffe
It’s a bit rich to attack CEOs for massaging the numbers and then get them so wrong yourself, as John Durie did today about the Alinta takeover in his analysis of the excessive payout to departing Lihir Gold CEO Arthur Hood in The Oz.
The NSW Right strikes back, Stalin recalled
The ALP national executive’s decision yesterday to include Macquarie in its regime of central preselection impositions has sparked a wave of dissent from waring factions in the premier state.
Could we get forty losses exceeding $100m declared for the month?
Our list of every Australian public company that has ever announced a net loss of more than $100 million shows that we had a record 29 entries in 2007-08, writes Stephern Mayne.
Morning Market Report
The highs and lows from today’s sharemarket.
Crikey’s business report card: balancing the books
Here is a wrap of how Crikey’s business predictions have panned out over the past 18 months. By Adam Schwab.
Transurban triggers debt-laden infrastructure fund wipe-out
The chairman of Transurban and ABC Learning, accountant David Ryan, is under severe pressure today after shares in the tollroad giant initially plunged by more than 20%, writes Stephen Mayne.
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
MacMedia set for “unacceptable” monopoly in SA
The people of Port Lincoln and the Spencer Gulf should get busy. They have just four more days to stop ACMA handing over all their commercial electronic media outlets to just one company — Macquarie Media Group.
ACCC’s first media diversity test
The Australian Competition and Consumer Commission is shaping up for what could be a test of whether competition law can be used to protect diversity of news and information.
Has a Mac-deal been done on local radio content?
What’s going on behind the scenes on the thorny issue of protecting local content on regional radio? Or to put it another way, what has Max Moore-Wilton, formerly John Howard’s right hand man and now Chair of Macquarie Media Group, been promised?
1987 redux: Paying top dollar for media companies, Fairfax buys into radio
Everything old is new again. Southern Cross Broadcasting, Fairfax and Macquarie Media have announced that MMG will seek to acquire Southern Cross and then sell off its radio and production assets to Fairfax.
