This Month
LA fires: US insurers brace for losses of up to $32b
JPMorgan analysts on Friday doubled their expectations for insured losses from a day earlier, citing limited progress on containment and the spread to neighbouring areas.
- Lee Harris
This ‘Wall Street Girly’ wants to make wealth more accessible
Vivian Tu is the latest in a long tradition of women talking to women about economics, business and personal finance – and with TikTok she can reach millions.
- Jeanna Smialek
Three assets to sell right now and three to buy for 2025
Leading market strategists say it’s time to take a hard look at your portfolio and sell stocks that have been good to you.
- Andrew Hobbs
December 2024
JPMorgan leads ECM league table for first time in decades; Goldies sweeps M&A
While flashy M&A draws the eyeballs, 2024 has been a remarkable year for equity desks.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Analysis
- Health insurance
Why there’s little sympathy for US health insurers
The shooting of UnitedHealthcare CEO Brian Thompson, and admiration for his alleged killer, highlights the problems of a healthcare system many see as broken.
- Oliver Barnes and Oliver Roeder
Sojitz joins forces with JAL affiliate for North Queensland Airports
With earnings of some $115 million this financial year, North Queensland Airports is expected to be worth about $3 billion.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Goodbye, APA! UniSuper sells leftover $340m stake in pipelines giant
It’s been a block bonanza for fund managers and investment banks this week, as founders and institutional investors seek to cash out before Christmas.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Japanese suitor straps in for $3b North Queensland Airports auction
Japanese trading house Sojitz is trying to pull together a bidder consortium for the up-for-grabs Cairns and Mackay airports.
- Sarah Thompson, Kanika Sood and Emma Rapaport
November 2024
White cleared at AGM; Healthscope cancels Bupa deal; Musk slams PM
Read everything that’s happened in the news so far today.
‘Stealth sackings’ are the new workplace trend
As companies try to rein in costs and restrict initiatives that do not help profits, workers are wary of being quietly laid off for seemingly minor violations.
- Anjli Raval
Peter Lee reveals the most loved analysts and traders of the year
The 2024 broker review is the result of interviews with more than 100 of Australia’s largest institutional equity investors.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Supermarkets
Red flag over Choice’s taxpayer-funded grocery price watch
The consumer advocacy group has overstated the difference in prices between the big supermarkets and discount store Aldi, a Wall Street investment bank says.
- Carrie LaFrenz
A hedge fund manager’s four tips for avoiding death by shorting
“Stocks that are 80 or 90 per cent down, they can get just a little bit of good news and then double,” Plato’s David Allen warns hedge fund hopefuls.
- Joshua Peach
October 2024
Sale docs out for Dexus’ stake in Melbourne, Launceston airports
Melbourne airport revenue grew 17 per cent to $1.2 billion in the 2024 financial year, while EBITDA rose 21 per cent to $82.1 million, according to the teaser.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Franklin Templeton hit by record outflows as clients ditch troubled Western unit
The group, which manages $2.6 trillion in assets, announced in August that the CIO of its largest subsidiary had been put on leave amid a probe by the SEC.
- Madison Darbyshire
BRICS alliance takes on global payments system
The group of developing nations is attempting to challenge the SWIFT international payments messaging system by setting up its own sanctions-proof one.
- Jessica Sier
- Analysis
- Mergers & acquisitions
Can BlackRock land HPS, the whale of private credit?
Scott Kapnick is closing in on a transformational transaction for the private credit firm he founded less than two decades ago.
- Eric Platt
Westpac splits from ABA; Attempted kidnapping; Next battle for offices
Read everything that’s happened in the news so far today.
- Updated
- US Votes 2024
Why Jamie Dimon is secretly backing Harris for president
The JPMorgan boss is concerned about Donald Trump’s retribution, but he would consider taking a role in Kamala Harris’ administration if she wins the election.
- Updated
- Rob Copeland
North Queensland Airports owners launch $3b auction; 100pc for sale
It is the first 100 per cent sale of a privately held airport asset with more than 1 million passengers in the past 15 years.
- Sarah Thompson, Kanika Sood and Emma Rapaport