EDITORS' PICKS
In your weekly look at the world of business, Gottliebsen looks at how the value of family companies has plunged, Bartholomeusz examines bureaucratic meddling in Australia's superannuation system and Tony Boyd examines St George's court reprimand.
Declining family values
Robert Gottliebsen
Owners of small family enterprises are shocked to find that buyers are unwilling to pay multiples of more than one or two for established businesses. But for savvy entrepreneurs, it creates a unique opportunity.
Super's new gravy train
Stephen Bartholomeusz
In a mind boggling display of bureaucracy, the Industrial Relations Commission has chosen default superannuation funds for 14 industries in a move that could threaten one of the most sophisticated and admired schemes in the world.
A reprimand for St George
Tony Boyd
A Victorian court has ruled that "the inference is open" that St George may have been "wrongfully exacting excessive costs from borrowers" through a practice the bank has now voluntarily stamped out.
Setting the short sellers free
Q&A by Isabelle Oderberg
As the UK lifts its ban on covered short selling, ASIC is facing fierce lobbying on home soil to take the same step – Investment and Financial Services Association chief executive Richard Gilbert is one of those calling for Australia's ban to be lifted.
India's will to power
Kamlendra Kanwar, Chennai
Despite being a low per-capita CO2 emitter, India will need to invest heavily to draw on its ample renewable energy resources – a process that so far is proceeding at a snail's pace.
Robert Gottliebsen
Owners of small family enterprises are shocked to find that buyers are unwilling to pay multiples of more than one or two for established businesses. But for savvy entrepreneurs, it creates a unique opportunity.
Super's new gravy train
Stephen Bartholomeusz
In a mind boggling display of bureaucracy, the Industrial Relations Commission has chosen default superannuation funds for 14 industries in a move that could threaten one of the most sophisticated and admired schemes in the world.
A reprimand for St George
Tony Boyd
A Victorian court has ruled that "the inference is open" that St George may have been "wrongfully exacting excessive costs from borrowers" through a practice the bank has now voluntarily stamped out.
Setting the short sellers free
Q&A by Isabelle Oderberg
As the UK lifts its ban on covered short selling, ASIC is facing fierce lobbying on home soil to take the same step – Investment and Financial Services Association chief executive Richard Gilbert is one of those calling for Australia's ban to be lifted.
India's will to power
Kamlendra Kanwar, Chennai
Despite being a low per-capita CO2 emitter, India will need to invest heavily to draw on its ample renewable energy resources – a process that so far is proceeding at a snail's pace.
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