How our biggest companies will win shareholders

Across an array of industries, companies are slashing costs to boost profits and attract investors. But one company in particular should be able to achieve a spectacular result from such a corporate reorganisation.

Right now the way to the win the share-buying hearts of our leading institutions is for companies to boost profits by slashing costs. And across a wide array of industries and companies across Australia, that's exactly what they're doing. The charge is being led by our two largest listed companies, BHP and Commonwealth Bank of Australia. But the daddy of such exercises is being conducted by Caltex, which yesterday confirmed it will proceed with the program it announced way back in 2012 -- that it will shut its loss-making Kurnell oil refinery in Sydney and in the process slash its costs and boost its profits. 

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