Today
Elliott promises more growth for ANZ in mortgage assault
The ANZ chief executive tempered expectations that the “mortgage wars” that have dented profit margins would soon ease.
- 10 mins ago
- Lucas Baird
Comyn loses his deputy; No ship to Red Sea; Inside the secret CEO school
Read everything that’s happened in the news so far today.
- 25 mins ago
CBA’s Matt Comyn loses his right-hand man, the meticulous David Cohen
Over 15 years at the bank, David Cohen has seen it all. On his retirement, he provides a potted history of CBA’s numerous troubles and its transformation.
- James Eyers
Yesterday
- Opinion
- Chanticleer
AI is a two-speed conversation inside companies
CEOs are exploring all sorts of ways to use artificial intelligence. Their workers, however, feel unprepared for changes.
- Anthony Macdonald
ACCC wants switching banks to be as easy as ditching mobile providers
Gina Cass-Gottlieb’s ACCC deposit inquiry calls for Australia to introduce an account switching service like the ones that operate in Britain and the Netherlands.
- James Eyers
- Sponsored
- Palo Alto Networks
SMBs at highest risk, warns top cyber sentinel
Cyber criminals view Australian small to medium businesses as easy prey, not just because local SMBs lack the resources to defend themselves, but also because they don’t expect to be attacked.
Sponsored
by Palo Alto Networks
- Sponsored
- Palo Alto Networks
SMBs at highest risk, warns top cyber sentinel
Cyber criminals view Australian small to medium businesses as easy prey, not just because local SMBs lack the resources to defend themselves, but also because they don’t expect to be attacked.
Sponsored
by Palo Alto Networks
Shaw and Partners launch Gentrack block trade
The deal was priced at $5.97 apiece, a 5 per cent discount to the last close and a far cry from the $2.50 share price this time last year.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This Month
- Exclusive
- Private equity
Pemba Capital snares stake in Rennie Advisory consulting business
The private equity firm will take 40 per cent of the founder-led business, which has aspirations of growing from 40 to 300 staff in four years.
- Aaron Weinman
‘Staggering’ tech returns to lift super balances 8.8pc
The superannuation savings of many Australians are forecast to grow by 8.8 per cent for 2023, an unexpectedly good result driven by strong markets that will mostly erase the losses of last year.
- Hannah Wootton
Cyclone insurance back-up scheme likely off-limits for Qld floods
Insurance companies are unlikely to be able to access a Commonwealth reinsurance project to offset costs of paying out victims of the North Queensland flooding, which could lead to a rise in premiums.
- Updated
- Liam Walsh
Advisory roles shift gears at Perpetual, Luminis scores broader role
Street Talk understands Luminis Partners’ role at the $2.9 billion financial services player has widened out to include broader advisory remit.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Bankers strike $5b of M&A deals in Christmas rush
Christmas came early for the country’s investment bankers on Monday after more than $5 billion in deals were struck in one morning, setting up a blockbuster close to what has otherwise been a lacklustre year for transaction activity.
- Aaron Weinman
- Opinion
- Chanticleer
Good riddance to Link, an ASX rollercoaster
The company is systemically important to Australia’s superannuation system. But it didn’t always behave that way.
- Anthony Macdonald
Zip raises $150m corporate loans at 15pc
The buy now, pay later company says it has refinanced its corporate loan, the latest in a long-running effort to clean up its balance sheet.
- Jonathan Shapiro
Japanese giant MUFG in $1.2b buyout of Link Group
Link chairman Michael Carapiet says the group “stubbed our toes a couple of times” with poor decisions, concluding its time on the ASX with a $1.2 billion Japanese deal.
- Updated
- Simon Evans
Wilson claims $5.6m of Bolton’s Magellan profits ‘unaccounted for’
Geoff Wilson’s lawyers are demanding more information about how activist Nick Bolton has allocated the profits from his Magellan options raid.
- Jonathan Shapiro
What top CEOs expect Australia’s economy to look like in 2024
Corporate leaders reckon inflation will linger, but say Australia will avoid a recession in 2024.
- Updated
- James Thomson and Anthony Macdonald
- Opinion
- Chanticleer
C-suite takes us on a joyride of the economy
‘Resilient’ is the word of the year, and unemployment is the thing to watch, according to Australia’s big CEOs.
- Anthony Macdonald
Top CEOs say economy’s soft landing on track
Australia’s top bosses think immigration should bring another year of economic growth, but believe 2024 is likely to be tougher than this year.
- James Thomson and Anthony Macdonald
