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James Thomson

Columnist

James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

James Thomson

Today

Ken MacKenzie: “It’s a unique role, and nothing prepares you for it.”

Inside the secret school for ASX CEOs

Chanticleer has been given a rare look inside the invite-only course for new ASX150 CEOs, which is the brainchild of BHP chairman Ken MacKenzie.

  • 1 hr ago

Yesterday

Th ebulls are ending the year firlmy in control.

Rally has more room to run as investors get three green lights

The market has built a head of steam in the last two months, and until there’s a clear risk to the Goldilocks soft landing scenario there is little reason for the bulls to turn.

The good, bad and ugly of business in 2023

Big deals, dud deals, scandals and success stories. In a year of high drama and big market moves, we look back at the winners and losers.

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Here are 11 of the best albums of 2023

This year’s best music features songs to make you think, laugh and dance, plus something special from one of our own.

This Month

Oil prices are a key determinate of geopolitical tension, Hagai Segal says.

Red Sea oil spike is exactly what markets and central banks don’t need

Falling energy price have made the fight against inflation much easier, which in turn has boosted markets. The Red Sea attacks threaten to change that. 

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The role of the office in hybrid work remains an open question for our top CEOs.

Why the work from home debate is entering a new phase

Australia’s top CEOs have accepted flexible work is here to stay. But almost four years on from the pandemic, there are growing questions about productivity, culture and career development. 

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Mike Henry, Amanda Lacaze and Kevin Gallagher

CEOs warn red tape, higher rates holding back investment

The country’s top energy and resources leaders say stresses from higher financing costs are being compounded by activism and unfriendly government policies.

Falling rates and rising markets have helped get deals moving again.

What’s behind Monday’s $5b deal frenzy

A burst of pre-Christmas deals isn’t unusual. But the impressive market rally in the past six weeks has helped unstick some deals that have been simmering for some time. 

Bulls are feeling good about the rally this year, while bears think the hard landing is still possible.

Why it might be time to strap in for a wild end to 2023 on markets

Shares have rallied hard in the past six weeks, but more big moves in the dog days of December aren’t out of the question.

BHP chief executive Mike Henry.

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.

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Greg Goodman says inflation will keep slowing in 2024, but calls the business environment “subdued”.

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.

Shemara Wikramanayake, Rob Scott, Vanessa Hudson, Matt Comyn, Mike Henry, Vicki Brady, Ross McEwan, Amanda Lacaze.

What top CEOs want the Albanese government to focus on in 2024

Corporate leaders want the Labor government to focus on helping households with cost-of-living pressures, the housing crisis and slow planning approvals. 

NAB boss Ross McEwan says housing is Australia’s biggest issue.

Why our top CEOs fear for the great Australian dream

The concern among top CEOs about the housing crisis reflects broader worries about inequality, productivity and growth in a slowing economy. 

Ryan Stokes, Ross McEwan, Alexis George, Meg O’Neill, Shayne Elliott and Rob Scott.

Top CEOs tell PM to fix housing, improve planning to rescue growth

Australia’s top bosses have called on the prime minister to tackle the housing crisis and cut red tape to lift productivity and keep the economy firing next year.

HMC Capital’s David Di Pilla has pulled off another big win.

Chemist Warehouse deal just part of David Di Pilla’s big plan

In helping to bring the retail giant and Sigma together, he is playing the long game and hopes to create a “mini Blackstone” in Australia.  

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The Australian Financial Review Business People of the Year for 2023 (from left): Sam Hupert, CEO and co-founder of ASX tech firm Pro Medicus; Lynas Rare Earths chief Amanda Lacaze; AustralianSuper chief investment officer Mark Delaney; Gina Rinehart, executive chairman of Hancock Prospecting; Airtrunk co-founder and CEO Robin Khuda; and Boral chief executive Vik Basal.

The Australian Financial Review names its Business Person of the Year

Gina Rinehart has capped an extraordinary year of deal-making across the mining, energy, agribusiness and retail sectors by taking out the top honour.

Sam Hupert says it’s not in Pro Medicus’ DNA to act like a big corporate.

How Sam Hupert turned Pro Medicus into an understated giant

With a team of just 115 people and an understated approach to business, the healthtech co-founder has created an Australian success story. 

Brian Hartzer is returning to the executive ranks.

Brian Hartzer’s warning to AI wannabes

The former Westpac boss, who is now CEO of Quantium Health, says effective AI use for companies is all about balance. 

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US Federal Reserve chairman Jerome Powell: Let the pivot party begin.

What really matters for investors now Fed rate cuts are a certainty

After the US central bank signalled rates will fall, Wall Street is at or close to record highs – it’s as if the many increases never happened. But what comes next? 

Australia’s two major exports, coal and iron ore, are in long-term decline.

We’re still the iron ore lucky country. It won’t last forever

A surging iron ore price is driving Australia’s post-pandemic budget repair, the mid-year update shows. But the lucky country’s resources luck shouldn’t be taken as a given.

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