Private equity group Anchorage Capital, has been made an offer too good to refuse as a result of Woolworths' determination to exit the difficult electronics retail segment after about three decades of trying to find a format for the Dick Smith chain that worked.
Solomon Lew is right when he says retailers would love another rate cut. But ANZ’s message is clear -- rate cuts are not the magic bullet they once were, and we need to get used to it.
Telstra is in the middle of a “rebranding campaign” managed by one of the nation’s best-known chief marketing officers, Mark Buckman. His detailed analysis of Telstra’s efforts offer insights for all leading companies about ways to measure return on investment in branding and marketing, although not all of them stand up to the scrutiny of experts.
Want to be a CEO? Being an executive is a crucial first step, but not all leadership roles are likely to lead to the corner office. Australia's top boards are opting for leaders who've either already demonstrated leadership success, or who bring operational mastery to the chief role.
The nation's business leaders regard a private school sinecure as the ultimate networking opportunity, a chance to give back, or to stay in touch with their kids. Here's the power players we found on some boards drawn from Mark Latham's private school hit-list.
Robbie Cooke’s rise to the top of a nearly $4 billion company, Tatts Group, is a story of seizing opportunity. When he takes up the CEO role in January 2013, he will be returning to the gaming sector after seven years in the online travel booking business, Wotif.
Finally some good news today for Andrew “Twiggy” Forrest, the billionaire miner who has seen his fortune halve in nine months thanks to the tumbling share price of his iron ore miner Fortescue Metals Group.
We’re not quite debating wealth taxes yet in Australia but there are clear signals that the Gillard regime is going to target ‘the rich’ in the months ahead.
Woolworths has accused Bunnings of a dirty tricks campaign against its Masters Home Improvement chain through a report published yesterday by a retail consultancy firm.
Clive Palmer's attack on Campbell Newman's cuts to the public service won't work. What's called for is hard-headed reform which inflicts a measure of pain now, to avoid calamity in the years ahead.
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