This Month
ANZ sidelines itself from booming government bond sale market
Poor morale and a decline in bonuses brought on by conduct issues has also led to the departure of staff including the bank’s top-ranked credit trading team.
Cbus hits ‘sweet spot’ as it surpasses $100b in assets
The construction industry superannuation fund reached the milestone despite a “blip” in November and December when it faced regulatory and political pressure.
- Investigation
- Cryptocurrencies
We made our own meme coin. This is what happened next
Donald Trump has one. So does Melania. Both have created huge paper wealth. With Johnnycoin, we tested just how easy it was to get a meme coin off the ground.
Trump blesses meme coins for second coming as his wealth soars by $90b
The launch of an official Donald Trump token this week has made some traders very wealthy. The rally was stalled only by Melania Trump – who announced her own.
- Opinion
- Global economy
The market’s data king reveals what will drive Trump’s Treasury
Jens Nordvig built his macro research firm on sourcing and crunching data. He’s detecting profound shifts in behaviour as markets and politics intersect.
- Updated
December 2024
CBA, the next 10-bagger, founder woes: The best of Monday Fundie 2024
The fund manager profiles that resonated the most with readers this year were rich in speculative stock tips, but it’s the deep insights that have made this column a hit.
ANZ risk boss fed up with bank leaks
Executives are cracking down on would-be informants before the bank’s AGM as the board hopes to convince investors it has been tough enough on cultural failings.
- Opinion
- Investing
Seven key questions for investors in 2025
Super fund giants, big bank share runs, hyped up burritos, data-centre floats and another hot year for private credit were the most divisive themes in 2024. What’s next?
- Updated
Insignia board weighs $2.7b Bain bid against turnaround
Bain’s cash has Insignia shareholders wondering whether they should cut and run ahead of a complex but credible turnaround strategy.
- Updated
- Updated
- Mergers & acquisitions
Bleak prospects for Perpetual’s $2.2b KKR deal after tax bill blowout
The fund manager said it would have to pay up to $529 million to sell two lucrative divisions to the buyout giant, ruining the economics of the transaction.
- Updated
Shayne Elliott’s rented Corolla wasn’t enough for ANZ in the end
The career banker took the top job in 2016, unwinding a failed regional expansion and wowing shareholders. Those shareholders are a bit less wowed now.
- Updated
Fixed income brokers prepare for a ‘gold rush’
A surprise decision by regulators to phase out major bank hybrids has sparked a race to fill the void and meet a growing demand for income.
APRA winds down $43b bank hybrid market, angering investors
The prudential regulator says other forms of capital are safer and make it easier for issuers to respond to future crises without bailing in retail investors.
- Updated
Australian private equity goes evergreen to court wealthy investors
Roc Partners is the latest big buyout group to pivot to open-ended funds as firms switch from industry superannuation.
- Exclusive
- Big four
ANZ’s Elliott to resign after nine years as chief executive
The career banker arrived at ANZ in 2009 and was appointed to the top job in 2016. His departure is expected to be announced as early as this week.
- Opinion
- Big four
Six observations about the cultural failings in ANZ’s markets unit
Disgruntled employees are being interviewed about a problematic workplace culture at the same time as the bank is telling them about their annual bonus.
- Analysis
- Bitcoin
Bitcoin has hit $US100,000. Do we still care?
The cryptocurrency has burst through a historic milestone. But the bulls aren’t bragging, and the bears aren’t finger wagging. So what’s changed?
- Opinion
- Shares
The ASX’s founders are in dump mode
Insiders are cashing out hundreds of millions of dollars of stocks after stellar share price runs. Are they sending a message?
Investors pull $1.5b from GQG amid Adani allegations
The Adani bribery charges have sparked a “snap change” in client flows for the fund manager and research analysts are cutting their price targets.
This market guru learnt from Buffett and Soros. These are his big bets
Kiril Sokoloff has been calling market turning points for half a century. While he’s looking for his next big prediction, here are three of his current picks.