News archive from 24 November 2013

13 things mentally strong people avoid

13 things mentally strong people avoid

FOR all the time executives spend concerned about physical strength and health, when it comes down to it, mental strength can mean even more. Particularly for entrepreneurs, numerous articles talk about critical characteristics of mental...

 

In the season of good cheer, all we want is a fairer tax system

On the one hand the government is all too ready to apply increases in an index - either the consumer price index or AWOTE, in the interest of maximising tax collection - but is reluctant to do it when it comes to making a fairer tax system. An example...

 

Shareholder revolution on the rise as activist fund ranks swell

The likes of Geoff Wilson's WAM (which is fighting Australian Infrastructure Fund), Gary Weiss' Ariadne (versus Hillgrove) and Gavin Solomon's Metals Finance (against Bass Metals) were already in the space. As were a swath of smaller dissident groups...

 

Harvey Norman faces pressure to dole out franking credits

''They've been accumulating for such a long time, and I really do want to pay them out,'' Harvey Norman's chairman and founder, Mr Harvey, said on Sunday. ''We will do it one day but I don't know when. ''There are plenty of people arguing that we...

 

Thanks Woolies, says Dick Smith

The executive collective will own 11.5 per cent of the company post-float, including chief executive Nick Abboud, whose shares will be worth more than $10 million. Woolies boss Grant O'Brien may regret a few words in the lead-up to it dumping Dick...

 

Market focus to turn to non-mining spending expectations from ABS

Private capital expenditure (capex) forecasts for the current financial year, in particular spending data for companies outside the mining sector, will dominate the market's focus this week amid questions over whether such industries could fill the...

 

First strike for Avita Medical

However, The West Australian reported 75 per cent of votes cast fell against the remuneration report. A second strike could trigger a spill of the company's board. Avita Medical's two biggest shareholders, Australian Ethical Investment and Bioscience...

 

Jawboning by Glenn Stevens and central banks hits dollar

The fall made the dollar the second-biggest loser, after the yen, against its US counterpart this month. The currency had been gaining after sinking to a year's low of just under US90¢ in late August. Strategists said while the Reserve Bank's...

 

Export Finance and Insurance Corporation annual report shows rising loans

But according to its annual report, the number of facilities supported by EFIC rose to 168 in 2013, compared with 104 the year before. Chairman Andrew Mohl and former chief executive Angus Armour said the lower signings were due to growing risk...

 

Maurice Blackburn rejects attack on class actions

But law firm Maurice Blackburn managing principal Ben Slade said Mr Every-Burns had missed the point. ''If directors and corporations fulfil their proper duties and comply with the Corporations Act they will have nothing to fear from a robust class...

 

Cattle trade fears over Indonesian phone tapping rift

As the fallout from the spying scandal continues, Indonesia has threatened to freeze its live cattle trade with Australia, which is worth $174 million a year. Mr Jackman said if that happened it would not only steer up the price of beef in Indonesia...

 

In the season of good cheer, all we want is a fairer tax system

On the one hand the government is all too ready to apply increases in an index - either the consumer price index or AWOTE, in the interest of maximising tax collection - but is reluctant to do it when it comes to making a fairer tax system. An example...

 

Shareholder revolution on the rise as activist fund ranks swell

The likes of Geoff Wilson's WAM (which is fighting Australian Infrastructure Fund), Gary Weiss' Ariadne (versus Hillgrove) and Gavin Solomon's Metals Finance (against Bass Metals) were already in the space. As were a swath of smaller dissident groups...

 

Harvey Norman faces pressure to dole out franking credits

''They've been accumulating for such a long time, and I really do want to pay them out,'' Harvey Norman's chairman and founder, Mr Harvey, said on Sunday. ''We will do it one day but I don't know when. ''There are plenty of people arguing that we...

 

Thanks Woolies, says Dick Smith

The executive collective will own 11.5 per cent of the company post-float, including chief executive Nick Abboud, whose shares will be worth more than $10 million. Woolies boss Grant O'Brien may regret a few words in the lead-up to it dumping Dick...

 
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