Shared value champions Julie Bishop, IAG, and Suncorp take awards
Ramana James, head of group shared value at Best Shared Value Organisation winner IAG. Edwina Pickles A new insurance product which allows people on low incomes to accumulate and insure individual household assets has won Best Shared Value Product in the inaugural Shared Value awards.The Shared Value business strategy devised by Michael Porter and Mark Kramer in 2011 is making headway in Australia. It focuses on companies creating measurable bu..>> view originalCSL faces shareholder revolt over pay
Marty SilkAustralian Associated PressBiotech CSL is launching another $500 million buyback to improve returns for the shareholders who used the company's annual meeting to protest against executive pay.Chairman John Shine said the buyback comes on top of the $1 billion buyback announced last October. That first initiative is nearly complete and boosted earnings per share by 25 per cent by June, he said."Through this ongoing program of buybacks, all CSL shareholders benefit from improved investme..>> view originalSHANE OLIVER: Here's what could spark a housing market collapse in Australia
Australian house prices are expensive on almost every metric. Check. Australian households are heavily indebted compared to global standards. Check. Australia is building a lot of apartments right now, the highest number on record. Check. Combined, those factors have Australia’s housing bears growling loudly, seen as a potent and damaging cocktail that will eventually lead to a collapse in house prices. “It’s nothing but a debt-fuelled bubble that’s going to pop in spectacular fashion” is the ..>> view originalBrexit: How to avoid a cliffhanger
Subscribe to FT.com Subscribe to read: Brexit: How to avoid a cliffhanger Already a subscriber? Sign in here>> view originalInghams poultry could be this year's biggest IPO as private equity firm TPG prepares $1.5 billion float
Australia's largest poultry producer Inghams Group will list on the ASX next month with an equity value of up to $1.5 billion, putting it on course to be the country's largest initial public offering this year.US private equity giant TPG Capital Management will sell between 50 per cent and 70 per cent of the firm in the IPO, at an indicative price range of $3.57 to $4.14 a share. Chicken producer Inghams Group is preparing for its initial public offering. Photo: Jay Cronan The range val..>> view originalASX slips as investors turn wary on miners
Australian stocks recovered from an early resources-led slump to close only marginally lower, as investors picked up Telstra shares and were cheered by another buyback announcement from CSL.A disappointing start to US earnings season, a drop in the oil price as well as another jump in the greenback had combined to drag down Wall Street's S&P 500 index by 1.2 per cent, triggering a leap in Wall Street's "fear gauge", the CBOE Market Volatility index, which ended the day up 15 per cent. Mini..>> view originalAustralia fastest growing AAA-rated commodity exporter despite Govt debt: Moody's
Australia fastest growing AAA-rated commodity exporter despite Govt debt: Moody's Posted October 12, 2016 16:46:59 Australia is the fastest growing AAA-rated commodity exporter this year despite escalating government debt, according to credit ratings agency Moody's.Moody's said Australia is likely to maintain faster GDP expansion than Canada and Norway, and similar to New Zealand but, even with government debt rising to around 41 per cent of GDP in 2017 - the burden r..>> view originalMasters employs muscle to control ugly behaviour
Masters Home Improvement has employed security guards to protect its staff from obnoxious customers who have lashed out and trashed stores as the fire sale heats up.In scenes reminiscent of the ugly drama of the Dick Smith closing down sale, Masters sales staff are reporting a slew of bad behaviour from verbal abuse to taunts about losing their jobs, tampering with price tags and even theft. More Business Videos Previous slide Next slide The end of Masters - bargain opp..>> view originalSuccession on new CBA chair Catherine Livingstone's plan
Catherine Livingstone, one of the most impressive leaders in Australian corporate life. David Rowe Catherine Livingstone has had seven months to size up her fellow directors and the senior executive team at Commonwealth Bank of Australia. It was inevitable she was in line for the chairman's role when David Turner brought her in as a director in March.Confirmation she will replace Turner as chairman on December 31, means attention can now move t..>> view originalVocus leadership coup rattles investors
Vocus Communications boss Geoff Horth has survived a plot to remove him from the helm of Australia's fourth-biggest telecommunications firm.The bid to oust Mr Horth, less than a month after chief financial officer Rick Correll resigned, was instigated by non-executive director Tony Grist, whose confidential proposal to the board was supported by executive director James Spenceley. It has been a tough day for Vocus Communications, and executive director James Spenceley. Photo: Ben Rushton ..>> view original
Monday, October 17, 2016
Shared value champions Julie Bishop, IAG, and Suncorp take awards and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment