Yesterday
- Updated
- Courts
Billionaire Richard White attempts to bankrupt alleged former lover
Lawyers acting for Double Bay wellness entrepreneur Linda Rogan say WiseTech Global founder’s legal claim against her is an “abuse of process”.
- Updated
This Month
WiseTech billionaire pushes to suppress stoush with Sydney beautician
Richard White is pursuing wellness entrepreneur and Real Housewives of Sydney contender Linda Rogan for bankruptcy. She says there is more to it.
September
- Opinion
- Sharemarket
Markets are on their best behaviour as the bulls take charge
The Fed is cutting interest rates and China’s policymakers are pumping its economy with money. Is there anything standing in the way of global sharemarkets?
Perpetual faces investor backlash over bonuses with ‘no justification’
Proxy advisory firm Institutional Shareholder Services, which had previously been supportive of the fund manager, is urging a vote against executive pay and board members.
- Opinion
- Sharemarket
The ASX’s ‘switch from hell’ has only just begun
The dominance of the banks over the miners in 2024 has been off the charts. But developments out of Beijing could be the catalyst for a final quarter comeback.
Super funds’ meteoric rise poses new risks to financial stability: RBA
The $3.9 trillion sector’s rapid growth and its large exposure to the banking sector could amplify shocks in the future, the central bank has warned.
Platinum rejects Regal’s takeover on value grounds
Regal Funds offered 0.274 of its own shares for every Platinum Asset Management share plus a special dividend. But that wasn’t enough.
Ex-RBA governor Lowe joins Barrenjoey board
In February 2023 Philip Lowe found himself in hot water after accepting a lunch invite from Barrenjoey. This week he joined the start-up investment bank’s board.
- Exclusive
- Superannuation
The country’s two mega funds now attract half of all new super
But the growth of AustralianSuper and Australian Retirement Trust beyond all their other peers could be a “double-edged sword” according to some analysts.
Cettire gets auditor’s tick of approval, adding $247m to valuation
A month after the online luxury retailer delivered unaudited accounts, worrying investors, Grant Thornton have signed off, sending the share price surging.
- Updated
- Opinion
- Investing
Want a roll-up play that actually works? Try software, for now
Two billionaires and their companies – Canada’s Constellation and ASX-listed WiseTech – have soared in the past decade. Others worry things are about to turn.
- Updated
- Exclusive
- Franking credits
Bank investors face $1b franking credit hit
Hundreds of thousands of bank investors stand to lose tax credits under the prudential regulator’s plan to phase out hybrid securities.
How investors should play the first rate cut
Australian market participants are all-in on the immaculate soft landing narrative. But history says they need to tread carefully as interest rates come down.
- Updated
Woolworths faces investor calls to ditch Big W, New Zealand
The new chief executive of the country’s supermarket chain is being urged to focus on the company’s core business, which is losing ground to Coles.
Three ASX stocks to buy today (and three more to avoid)
Australian fund managers have provided their take on the good, the bad and the ugly on the sharemarket after reporting season.
Regal’s Platinum play grants Phil King a $29b hedge fund empire
Embattled fund manager Platinum Asset Management appears open to talks with Regal Partners, which wants to buy the global equities manager in a share-based deal.
Former Macquarie star bets on private market reckoning
Private equity investor Ben Brazil is ready to swoop on what he thinks will be an imminent wave of distress, and to profit from those who got in over their heads.
- Opinion
- Investing
Why ‘lender-on-lender violence’ is on the rise
As the 2021 vintage of private equity loans fall due, things are getting a little nasty among lenders, and sometimes among their borrowers, too.
Cettire investors on alert after White House targets duties threshold
The Biden-Harris administration is curbing alleged abuse by Chinese online retailers, as part of legislative changes that could have wider ramifications for e-commerce.
- Exclusive
- Bonds
ANZ boss dismisses trading floor scandal as ‘conspiracy theory’
Shayne Elliott told staff issues within the trading team were unrelated, blaming the media for conflating them.