Leon Gettler looks at the Centro disaster and suggests a fire sale is on the way, and we look at the credit situation in Australia where the banks have broken ranks with the Reserve Bank and begun to push up their mortgage rates.
Leon Gettler chats with Garry Barker about the Centro collapse, a victim of too rapid expansion and the sub-prime crisis, and offers some view on the ACCC’s rejection of Optus’s fibre to the node proposals.
BHP Billiton has plenty of time ahead in its bid for Rio Tinto, say Leon Gettler and Garry Barker. The merits of the deal are not at issue, only the price. They talk also about increasing competition in the Australian mobile wireless market, and look at changes in the Packer empire.
Leon Gettler talks with Garry Barker about Telstra under the Rudd Government and predicts that they will make a deal on a national fibre to the node network. We also look at changes on the poop deck, if not the actual helm, at News Limited, and examine the progress in BHP Billiton’s bid for Rio Tinto Comalco.
Leon Gettler discusses with Garry Barker, BHP’s bid for Rio Tinto and concludes that it’s now only a matter of settling the price. NAB has bought a small bank in the US mid-west for $900 million and Leon looks at the implications of that, and Garry talks about the outlook for Telstra as it begins to deal with a new government and an old problem.
Leon Gettler and Garry Barker review the election result — the return of the Australian Labour Party to power, led by Kevin Rudd — and assess its impact on the Australian economy. They look also at the transformation of Jamie Packer’s PBL and at the $85 million revamp of David Jones.
Business and management analyst Leon Gettler and technology editor Garry Barker review the week in business in Australia, focusing on BHP Billiton’s bid for Rio Tinto, tapping the election barometer and looking at Telstra’s likely fortunes should there be a change of government.
Leon Gettler and Garry Barker discuss BHP Billiton’s move to take over Rio-Tinto Comalco to form the largest, by far, minerals company in the world. They look at the economy, interest rates, Wesfarmers’ successful takeover of Coles, and the little storm over Sol Trujillo’s pay package at Telstra.
Leon Gettler examines the soaring Aussie dollar, the also soaring returns of the big banks, and Garry Barker has a look at the outlook at Telstra.
Coles may not be the basket case many experts have suggested it is. Two retailing experts say it has an opportunity to leap-frog Woolies, but it’s going to take time. And we look at the upheavals in the top deck at Visy, examine the Australian economy and the forthcoming election and have a look at Telstra.
