Investment banks see solid gains for local market in 2014
'Tis the season for resolutions and repositioning, and investors will be looking longingly into the crystal ball as trading begins to die down and investment bankers enjoy the holiday season.
LPG facility could help fill void
As the Abbott government stumbles towards the end of the year with a deteriorating budget deficit of $47 billion and a slump in the opinion polls, it is looking for some easy wins to help boost its field of woes.
Shares slump as Pact joins growing list of float flops
Pact Group Holdings chairman Raphael "Ruffy" Geminder has been forced to defend the timing of his company's initial public offering after the plastic packaging manufacturer became the latest, and largest, disappointing float.
Reserve takes optimistic tone
The Reserve Bank has sounded a slightly more optimistic note on the outlook for the non-mining sectors of the economy, while continuing to express frustration about the "uncomfortably high" exchange rate.
Panel orders Saputo to raise WCB bid
The battle for Warrnambool Cheese & Butter has reached $9.60 a share, after the Takeovers Panel ordered Saputo to raise its bid for the milk processor.
Nickel mine closed for safety
About 200 workers face an uncertain future after BHP Billiton made the rare decision to close a mine on safety grounds.
Fashion boss resigns
High-flying Myer executive Megan Foster has resigned as the boss of the store's fashion label sass & bide after less than four months in the role. She leaves the helm of one of the most prestigious and profitable fashion empires in Australia to look after Myer's small network of stores outside of major shopping centres.
Tigers raising in doubt
Coking coal aspirant Tigers Realm Coal has had its hopes of raising $62 million put in doubt after its second-biggest shareholder asked the Takeovers Panel to intervene. Non-executive director Bruce Gray has asked the panel to investigate and potentially block certain aspects of the raising. Two Russian entities are at the centre of the raising.
Unions want answers from Qantas
Qantas boss Alan Joyce and his senior executives will come under pressure from union leaders to spell out the extent of government help they are seeking and the parts of the business to be hit hardest by job cuts.
CommSec to face probe on cash pooling
An independent expert will investigate Commonwealth Bank's online broker, CommSec, after the financial regulator found it pooled clients' money and withdrew funds from client accounts for years without authorisation.
It's all a question of shared burden
Here's a 20 Questions-style drill-down on Australia's debt and deficit dilemma.
Amatil predicts things (premium beers) go better with Coke
Outgoing Coca-Cola Amatil chief executive Terry Davis expects his successor, Alison Watkins, to endorse the bottler's return to the $11 billion beer market, even though analysts believe beer is unlikely to generate profits for years.
NBN Co boss refuses to release full report
NBN Co executive chairman Ziggy Switkowski has refused to hand over an unredacted version of the national broadband network (NBN) strategic review, citing confidentiality issues and ministerial advice.
APN sues over 'betrayal'
Former APN Property chief executive David Blight has been accused of plotting to use company secrets to set up rival commercial real estate businesses, court documents reveal.
$24m deal seals a top month
Property fund manager Forza Capital has capped off two weeks of pre-holiday deal making, selling iSelect's Cheltenham headquarters for $24 million.