NewsBite

Advertisement

Melanie Beeby is the Business deputy editor and a former editor of The Australian Financial Review online.

Billionaire Neilson sells down stake in fund manager he co-founded

Billionaire Neilson sells down stake in fund manager he co-founded

Billionaires Kerr Neilson and Judith Neilson are selling about 10 per cent of the listed fund manager he co-founded 25 years ago, freeing up about $300 million for interests including arts and philanthropy and to diversify their personal investments. 

  • by Melanie Beeby

Latest

Embedding healthy culture could take 10 years: NAB's Henry

Embedding healthy culture could take 10 years: NAB's Henry

The top brass of Australia's banking sector continue in the Hayne royal commission witness box in the final week of public hearings.

  • by Clancy Yeates and Sarah Danckert & Melanie Beeby
Macquarie tips 10 per cent full-year profit growth

Macquarie tips 10 per cent full-year profit growth

Macquarie Group posts a 5 per cent first-half profit growth to $1.3 billion and gives guidance of a 10 per cent growth for the full year.

  • by John Collett & Melanie Beeby
Westpac flags $235m hit to earnings for advice scandal, litigation

Westpac flags $235m hit to earnings for advice scandal, litigation

Westpac has increased its provisions for recent litigation and refunds to customers charged for inadequate or non-existent financial advice.

  • by Melanie Beeby
ANZ now facing civil action over $2.5b share sale

ANZ now facing civil action over $2.5b share sale

ANZ Bank is facing civil action from the corporate cop for not telling investors that its investment banks had stepped in to buy $791 million of its shares following a botched capital raising in 2015.

  • by Clancy Yeates & Melanie Beeby
AMP shares fall to record low on $500m in scandal costs

AMP shares fall to record low on $500m in scandal costs

Wealth manager AMP has flagged a lower first-half underlying profit in the range of $490 million to $500 million.

  • by Sarah Danckert & Melanie Beeby
Advertisement
Woolies strikes 'Plan B' deal with Caltex after BP sale collapse

Woolies strikes 'Plan B' deal with Caltex after BP sale collapse

However, Woolworths said it would still pursue a float or sale of its petrol business.

  • by Melanie Beeby & Patrick Hatch
Sydney, Melbourne house prices tipped to fall 10 per cent

Sydney, Melbourne house prices tipped to fall 10 per cent

ANZ says the housing market has slowed further than it expected and, as a result, it has "materially downgraded" its price outlook.

  • by Melanie Beeby
John McGrath brings in former lieutenant to lead real estate group

John McGrath brings in former lieutenant to lead real estate group

John McGrath's former lieutenant, Geoff Lucas, has returned to take the helm of embattled real estate company McGrath.

  • by Melanie Beeby & Simon Johanson

Original URL: https://www.smh.com.au/by/melanie-beeby-gzvmmh