The PEP talk that gave Spotless a clean turnaround
PEP's Bruce Dixon spent nearly two years analysing Spotless and - judging by its IPO prospectus numbers - it's paid off. It is doubtful so much change could be effected as quickly and ruthlessly while publicly listed.
Aust stocks close flat
Local market remained steady at the close but performed well compared to the rest of the region.
Leviathan will not wait for Woodside
Key US partner says the project will go ahead with or without Woodside.
Direct Action policy still leaves loopholes open for big polluters
The long-awaited White Paper on the Coalition's policy looks like letting a relatively few companies that produce the most pollution off the hook.
Spotless expects to pay $58.5m in IPO fees
The facilities management company's prospectus says Spotless owner Pacific Equity Partners may be paid a $24.6 million fee.
Azure gets surprise bid
Shares in Azure Healthcare (AZV) have surged to their highest point in six years this morning after the company received a takeover offer.
Azure gets surprise bid
Shares in Azure Healthcare (AZV) have surged to their highest point in six years this morning after the company received a takeover offer.
Who will blink first in Goodman Fielder's staring contest?
Goodman Fielder's attempt to stare down its suitors is reminiscent of a very similar reaction the board had to a takeover offer in 2002. It's a move that may not pan out well for the board or its shareholders.
Philippines, US sign defence pact
The US and the Philippines have signed a deal to allow a bigger US military presence on Filipino territory amid China tensions.
Indonesia's demographic dividend: young shoppers
Recent elections demonstrate the rising confidence of Indonesian voters and the country's middle class consumers that are turning Indonesia into an economic powerhouse -- and opportunities abound for Australian businesses.
Transurban plans $850m Vic road upgrade
In-principle agreement reached with Vic govt on CityLink project.
Spotless $1bn IPO bookbuild set for May 20
Pacific Equity Partners will retain about a 50 per cent stake after the IPO, in which new and existing Spotless shares will be sold at between $1.60 and $1.85 each.
If we can't create jobs, should we instead create entrepreneurs?
The start-up sector could potentially correct Australia's post-GFC rise in youth unemployment.
Why Direct Action is still a dud - Part 1
Greg Hunt's mum is apparently keen on carrots not sticks, but the problem with his Emission Reduction Fund White Paper is that he hasn't got enough carrots and he's abandoned the sticks.