Lowy, the RBA and tax: join the dates

recent revelations of the tax affairs of Frank Lowy make no mention of a coincidence in timing: it all happened while Lowy was on the board of the RBA, writes Stephen Mayne.

• Economy-business,
• reserve-bank,
• rba,
• ato,
• frank-lowy

Where was Graeme Samuel as Firepower spread its lies?

ASIC should be blasted for its failure to stop Firepower, writes Crikey founder Stephen Mayne.

• Business,
• firepower,
• accc,
• smh

ASIC should be investigated over Firepower

Sure, we now see Firepower for the rogues company it is, but where was ASIC when we needed it, asks Michael Pascoe.

• Business,
• firepower,
• asic,
• four-corners

Apple, Amex cast new shadow over US credit markets

Amex and Apple came back with lower than expected profit results, casting another shadow over the fragile US credit markets, writes Glenn Dyer.

• Business,
• apple,
• credit-crunch

Briefly Business: ABC not ABC, petrol, new NAB loan

That’s ABC, not ABC ... Some good news at the bowser, finally ... No break fee and no discount from NAB ... Where’s the public outrage on the US credit crisis?

• Economy-business,
• banks,
• nab,
• abc-learning,

Morning Market Report

The highs and lows from today's sharemarket.

• Economy-business,
• markets,
• rates,
• banks,
• resources

Hegarty creates history as $10.7m payout overturned

Good sense prevailed on the question of the giant payout to Oxiana boss Owen Hegarty, says Stephen Mayne.

• Economy-business,
• oxiana,
• zinifex

Finding winners in the Oxiana and Zinifex deal ain't easy

The Oxiana-Zinifex deal shows again that the best interests of the company are not always in line with the best interests of shareholders, writes Adam Schwab.

• Economy-business,
• markets,
• oxiana,
• zinifex

A not so happy birthday for the credit crunch

While the credit crunch blows out the candles on its first birthday cake, two more voices of gloom have suggested we start planning a cake for its second, writes Glenn Dyer.

• Economy-business,
• markets,
• rates

St George getting "brutal" on margin calls

No more Mr Nice Guy at St George on margin calls, suggests this leaked internal email from an anonymous tipster.

• Economy-business,
• banks,
• st-george

Businesses still feeling the inflationary pinch

The producer price index might have come it a bit lower than expected, but inflationary pressures continue to impact the broader economy, writes Glenn Dyer.

• Economy-business,
• markets,
• rates

Morning Market Report

The highs and lows from today's sharemarket.

• Economy-business,
• markets,
• rates,
• banks

Dead cat on Wall Street, not so bouncy

Glenn Dyer recaps last night's Wall Street action.

• Economy-business,
• markets,
• wall-street

Qantas slashes lightly. A bit.

The Qantas-slashes-itself-lightly media event this morning was the vaguest ever given by its management, writes Ben Sandilands.

• Economy-business,
• aviation,
• qantas,
• geoff-dixon

Frank Lowy to become the world’s favourite tax dodging whipping boy

If anyone was going to be on the Lichtenstein list, it was the Lowy's, writes Stephen Mayne.

• Economy-business,
• rba,
• reserve-bank,
• frank-lowy

ASIC should get tough on naked shorts

The US Securities and Exchange Commission has taken a tough stand on naked short selling. Why can't ASIC do the same thing? asks Glenn Dyer.

• Economy-business,
• asic

Oxiana should be humbled by shareholders this afternoon

It’s not quite as bad as the last HIH Insurance AGM, which started at 4pm in Redfern on the second last Friday before Christmas in 2001, but Oxiana Ltd will be hoping no-one notices what happens at the shareholder meeting which kicks off in Melbourne at 2.30pm this afternoon, writes Stephen Mayne.

Thinking of buying Seven stocks? Think again

After a rating reports showing Seven has lost share to its rivals, Merrill Lynch has outlined its case why Seven "is not a buy". By Glenn Dyer.

Morning Market Report

The highs and lows from today's sharemarket.

• Economy-business,
• markets,
• rates,
• resources