Shareholder value maximisation is a dumb idea
Rather than maximising shareholder value, the dominant corporate strategy since the 1980s has led to short-term thinking and a blow-out in CEO pay.
Scoreboard: Data drag
Wall Street eased on soft economic data out of China and Japan, while European shares fell on news of Italy's credit downgrade.
DataRoom AM: Jostling for power
The auction of NSW and Queensland power assets attracts a number of bidders, while BG Group's gas pipeline auction is fast drawing to a close.
Murray has got it wrong on bank capital
Despite the noble rhetoric surrounding recommendations on bank capital, the Murray inquiry has failed to make a convincing case for change.
How online pirates divide Australia
With industry consultation and discussion done it's time for the cabinet to deliberate and find a solution that doesn't just favour the rights holders.
Abbott and Shorten are snookered by Murray
Should the major parties fail to find a bipartisan solution to the Murray inquiry's recommendations, Nick Xenophon is likely to emerge as a serious cross-bench threat.
Remember the UK housing bubble?
"This is the start of a significant deterioration in risk assets, and while we may hit a new high in the S&P in the next few weeks it will be materially lower in the coming months."
Income & Fixed Interest Commentary - more QE to come?
"This is the start of a significant deterioration in risk assets, and while we may hit a new high in the S&P in the next few weeks it will be materially lower in the coming months."
Market falls with oil, iron ore and local business confidence
Weak leads from international markets overnight ensured the local index started under pressure, and it very much remains this way at midday.
Oil price fall: Worth six rate cuts
The fall in crude prices has the potential to put $12 billion into household pockets each year … That's about six times more than from a 0.25% rate cut.
Unpacking Moorebank's value
Fears have been circulating over how a fall in iron ore volumes harms Qube Logistics. The growth opportunity of the Moorebank project, however, has largely gone ignored.
Global equities: The year ahead
A recap of the year so far for international shares and, more importantly, what lies beyond in 2015.
Mincor's enticing 7% yield
Despite enduring a volatile ride amid the swings of the nickel price, this junior miner has an exceptional record for paying out a steady stream of dividends.
Why the majors are unfazed by the Murray inquiry
The market already expects the big four to shift their strategies to blunt the material impact of potential changes to risk weights and capital requirements.
Taiwan's great choosing day
Taiwan's recent elections have a rich significance, not just for Taiwan but for the wider region.