tip off

Business media takes its eye off the ball: long list of duds

Poor disclosure habits are emerging in Australian business and there is depressingly little media scrutiny of it.

READ MORE

The Power Index: biz directors, Bob Every at #7

Bob Every is responsible for a lot of jobs as chairman of retail giant Wesfarmers and building products manufacturer Boral. But the corporate veteran who helps steer the country’s biggest retailers — and dolls out big salaries to its bosses — would rather talk about his charity work.

READ MORE

Retail not so tough, says Wesfarmers’ bottom line

The latest Wesfarmers profit disproves a couple of things that many in business and the media are eager to sell: that times are tough and profits are hard to come by in retailing.

READ MORE
THE POWER INDEX | LINKS|

Richard Goyder: the man who convinced Wesfarmers to acquire Coles

Few CEOs would describe a major acquisition requiring a five-year turnaround strategy as “fun” but that’s Richard Goyder: a low key footy-mad family man, writes Angela Pristley.

READ MORE

Coles slams whingeing suppliers — what about the morning after?

The delicate balance between the retailer and its suppliers is out of whack, writes Kath Walters, editor of LeadingCompany.

READ MORE

Wesfarmers loss is ‘all in the family’

It’s somehow comforting that private equity is being forced to go bottom fishing in Australia at the moment.

READ MORE

Woolworths v Wesfarmers: good corporate citizens or irresponsible pokies pariahs

Pressure is mounting on the blue-blood directors of Woolworths to decide whether they are pillars of the community or pariahs.

READ MORE

Profit-rich mining companies get $100m NSW budget handout

The generosity of politicians towards the mining industry knows no bounds, whether it is the wobbling Gillard mob in Canberra or the smug lot led by suave Barry O’Farrell in Sydney.

READ MORE

Bartholomeusz: Woolworths’ executive exodus

Where once Woolworths dictated terms to Coles, it now finds itself in the unaccustomed position of being forced to react to Coles’ initiatives.

READ MORE

Wesfarmers transparency sets example on contract disclosures

It can be argued that ASIC and the ASX are allowing the likes of BHP Billiton and Rio Tinto to trade in an uninformed market because of a failure to update the market on quarterly iron ore and coal contract prices.

READ MORE

Productivity Commission strikes out on curbing runaway exec pay

While the Productivity Commission report was not without merit, when it comes to actually curbing runaway pay, it will be of little or no effect, writes Adam Schwab.

READ MORE

From WA premier to Wesfarmers lobbyist?

Former WA premier Alan Carpenter joining Wesfarmers as its chief spinner and lobbyist is, in a word, a disgrace.

READ MORE

Grocery retail dominance is a threat to public health

It is easy to bash the grocery heavies, but to really address the issue of healthy eating, a multi-faceted approach is required — one that looks at social and health factors as much as economic ones, writes Jon Wardle.

READ MORE

Corporates clear the ASX trash on Grand Final Eve

From Computershare to Macquarie, the time-honoured practice of dropping bad news when no-one is looking was on display again last Friday. So here’s what you may have missed…

READ MORE

Wayne Swan rings hollow on executive pay

Treasurer Wayne Swan and Prime Minister Kevin Rudd certainly know how to make the right noises about excessive executive pay. But will we see more than talk on the issue?

READ MORE

Coles folds on pokies, will Woolies be next?

Those nice men from Wesfarmers, sitting in pokies-free Perth, have wilted in the face of a strong campaign over kids in venues and committed to spend millions cleaning up their gambling venues, writes Stephen Mayne.

READ MORE
The Sydney Morning Herald | COMPANIES|

Two supermarkets, one leader

Woolworths is in another class from Coles, says Malcolm Maiden. With Woolies lifting food and liquor sales by 7.4% in the last year, Coles is left to hope: surely they can’t keep this up.

READ MORE

Market down this morning

The market is down 7, but Wall St gained slightly overnight. Also, Woolworths is up, but the focus is on the Hardware roll-out, which will probably not reflect well on Wesfarmers (Bunnings).

READ MORE

Lowes hardware just the beginning for Woolworths

Retail giant Woolworths is moving into hardware to take on Wesfarmers’s key business, Bunnings Warehouse, making a takeover bid for Danks Holdings, which operates Home Timber and Hardware, Thrifty-Link and Plants Plus Garden Centres.

READ MORE

Wall St down

Wall St was down 34 on Friday, with metals and oil struggling.

READ MORE

A Crikey cure for outlandish executive pay

Submissions continue at the Productivity Commission’s inquiry into executive pay. Adam Schwab cuts to the chase.

READ MORE

Wesfarmers pulls up short on executive pay

The sorry state of executive pay has been exemplified by the press coverage allocated to Wesfarmers’ decision to freeze the pay and cut the bonuses of its top executives, writes Adam Schwab.

READ MORE

Resources damage market

The market took a hit from the resource sector, down 41 with BHP and RIO down 2.3% and 4.1% respectively.

READ MORE

BEN gets crushed

Bendigo and Adelaide Bank (BEN) getting smashed after releasing its Trading Update.

READ MORE

Wesfarmers hit with enormous cash deluge

Wesfarmers has just been hit by the biggest cash deluge a secondary market capital raising has ever delivered in Australia, writes Stephen Mayne.

READ MORE

Womens Agenda

loading...

Smart Company

loading...

StartupSmart

loading...

Property Observer

loading...