There's a lot of quality pieces to get through this week: Alan Kohler on ANZ's settlement with clients of Opes Prime, Robert Gottliebsen on Woolworths performance at the ACCC grocery inquiry, Stephen Bartholomeusz on the re-rating of coal-seam methane assets and James Thomson on the changing shape of Australia's super rich.
Friday's newspapers ran a story that ANZ Bank had offered Opes Prime clients 62 cents in the dollar through administrator John Lindholm. It's wrong – so far.
Short changed by Woolies
Woolworth's Michael Luscombe made a big error of judgement at the ACCC inquiry into grocery prices. An error that he, and the shareholders he answers to, may live to regret.
Any residual doubts about the immense commercial potential of Queensland coal-seam methane resources are being rapidly dispelled.
Rolling in it
The big theme in this year's rich list is the strength of Australia's resource sector, which has produced another crop of multi-millionaires in the face of weakening equity and property markets.