The largest shareholder in nib, the only listed health insurer, says the $4 billion-plus float of Medibank Private is an attractive opportunity, but has warned investors against expecting immediate returns from the company’s promised cost cutting.
Aurizon is set to avoid a ‘‘second strike’’ against its executive pay card at its annual shareholder meeting next month after two influential proxy advisers supported changes to the way it rewards management with bonuses.
With the economic outlook only ‘modest’ what are some good stocks to get into for the long term?
Local shares are poised to open up, buoyed by a positive lead from Wall Street where positive economic data and Apple's strong earnings are powering equities higher.
See how your investments have performed this week.
Consumers are unhappy about how difficult it is to obtain the free copies of credit reports they are entitled to.
Australia is a “paradise” for white collar criminals because of its soft punishment of corporate offences, says chairman of the Australian Securities and Investments Commission chairman, Greg Medcraft. He says the only realistic response is harsher jail terms and bigger penalties for white collar crime.
Rio Tinto is leaving $US4.2 billion in financing in limbo needed to move forward its troubled Oyu Tolgoi project, until the miner can “understand where the government of Mongolia is coming from”.
Whitehaven Coal chief executive Paul Flynn insists that tightening regulations in China and elsewhere around the world on coal quality and imports will actually suit Australia.