Markets

Australia’s February reporting season result was ‘not bad’

The February reporting season revealed moderate earnings upgrades by Australia’s biggest ASX-listed companies. But rising costs, ahead of revenue, put a dampener on the overall results. “There was a strong tone to the reporting period,” write Credit Suisse analysts Hasan Tevfik and Peter Liu. “However, we believe it could have […]
Australia’s February reporting season result was ‘not bad’
Markets

These Australian companies are ripe to be hit by activist shareholders

Australian listed companies should take a close look at the assault on BHP by an activist shareholder. They could well be next in line to feel the heat from shareholders. Activist US hedge fund Elliott Associates wants BHP to sell off assets and return capital to shareholders, saying shareholders want […]
These Australian companies are ripe to be hit by activist shareholders
Markets

This is why cutting interest rates doesn’t mean more investment

The latest round of interest rate cuts will do little to encourage the big ASX-listed companies to invest more in their businesses. More investment would mean a bigger business, more jobs and more taxes paid to a federal government in need of a revenue boost to fix a deteriorating budget […]
This is why cutting interest rates doesn’t mean more investment