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Foster's mulls a bigger Southcorp blunder

Foster's mulls a bigger Southcorp blunder

We got a trading halt from Foster’s and Southcorp yesterday, but there’s still no sign that finally some sense might be coming to break the impasse on the Foster’s bid for the stuttering wine giant. But Foster’s is this week expected to announce it’s sweetening the offer with a few cents more to save the […]

Best of the business media

Best of the business media

Problems at Telstra have sent business commentators into a flurry of speculation today. The Herald Sun ’s Terry McCrann says Telstra’s third-quarter market update will be Ziggy Switkowski’s swansong and that he should be more than satisfied with the numbers and the “scintillating” state of the company. In The Age,Stephen Bartholomeusz questions whether the slowdown […]

Henry Thornton: US inflation on the rise

Henry Thornton: US inflation on the rise

The US consumer price index rose by 0.6% in March due to rising oil and gasoline prices, reports The New York Times. Meanwhile, the index’s core prices, which exclude the energy and food sectors, rose 0.4%, the largest rise in two and a half years. The new figures are above the predicted headline rise of […]

NYSE to merge – goes public and electronic

NYSE to merge – goes public and electronic

At 5.30am Australian time this morning the New York Stock Exchange revealed a dramatic transformation through a merger with electronic trading outfit Achipelago that will see it become a for-profit listed company and fully embrace the electronic era. The out-moded dinosaur, which still has a trading floor and deals in fractions, is merging with a […]

Sydney Airport bonanza for the Millionaires' Factory

Sydney Airport bonanza for the Millionaires' Factory

By any measurement, Sydney Airport is a cash cow of growing proportions. No wonder the Macquarie Bank-backed organisation wants to expand its operations deeper into retail and office blocks. The third quarter and nine months results released this morning shows it’s in a class of its own. Sydney Airport revealed a 16.3% increase in earnings […]

Best of the business media

Best of the business media

Trade analysts have welcomed China’s agreement to begin formal talks with Australia on an FTA, reportsThe Australian , and Australian businesses will find it easier to invest in China’s powerhouse economy. In The Age , Michelle Grattan says John Howard’s trip to Beijing has “achieved all Howard could have wanted.” The Fin’sColleen Ryan says the […]

John Roskam on the self-employment revolution

John Roskam on the self-employment revolution

Political scientist and Liberal Party member John Roskam, on the rise of the self employed: The relationship between self-employment and voting intention is, of course, not simple, and many other factors determine an individual’s political choice at elections. But what this analysis does show is that neither side of politics can afford to ignore the […]

Who made what out of SEEK?

Who made what out of SEEK?

The SEEK.com team are saving their main celebration for a big dinner in Melbourne later this week, but the various major shareholders should have enjoyed a few glasses of bubbly last night after the online advertising company powered ahead to finish its first day’s trade at a 20c premium of $2.30. But one major shareholder […]

Qantas: fly the grumpy skies

Qantas: fly the grumpy skies

Global HR firm Hewitt and Associates was recently commissioned by Qantas to conduct an analysis of the level of “engagement” or “disengagement” of the airline’s staff. It’s a handy HR tool – disengagement implies a lack of respect for management and a level of disdain for the company’s strategic direction. This is generally reflected in […]

Qantas: fly the grumpy skies

Qantas: fly the grumpy skies

Global HR firm Hewitt and Associates was recently commissioned by Qantas to do an analysis of the level of “engagement” or “disengagement” of the airline’s staff. It’s a handy HR tool – disengagement implies a lack of respect for management, and a level of disdain for the company’s strategic direction. This is generally reflected in […]