Organisations

Shop troops needed for a counter revolution

Ian McIlwraith Australia's leading retailers scored ''own'' goals from their campaign to have internet shopping's GST-free ride halted, but their customers are not behaving like they will shop until they drop.

Government open to ASIC's call to toughen up disclosure penalties

Bernie Ripoll

Clancy Yeates The corporate regulator wants to hit transgressors hard, and Canberra is listening, writes Clancy Yeates.

Future Fund's new early morning synergy

CBD

CBD Sensitive details of the inner workings of the Future Fund were divulged yesterday when its managing director, Mark Burgess, faced his routine interrogation in Canberra.

Growth outlook remains weak: survey

The outlook for economic growth has improved although it is still below average, according to the Westpac/Melbourne Institute Leading Index.

Smile, we're the world's happiest nation

Smile

Australia is the world's happiest nation - or should be - according to a survey of key components of the OECD's Better Life index.

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Australian business press digest - May 23

Australian business press digest - May 23.

Myer slumps on profit downgrade

Myer's profits have plunged.

Myer's third-quarter sales fall, prompting the department store chain to cut its forecast for full-year net profit. Shares slide 5%.

ASIC seeks to rein in liquidators

Stuart Ariff.

Leonie Wood Corporate regulator finally provides some statistical evidence of how it monitors and disciplines the insolvency industry.

Buchanan smooths out the wrinkles

CBD

CBD At least we know what Bruce Buchanan, the head of the Qantas offshoot Jetstar, might be celebrating with when he steps down from the airline later this year: a glass of wine and a tube of cream.

Mobile internet growth has just tapped the surface

Facebook mobile

Martin Pretty A prospectus lodged in the US is a very dry affair these days but Facebook's paperwork for the float did highlight some great data points relating to what is going on online.

Happy customers make for a happy Clyne

Elizabeth Knight The National Australia Bank boss, Cameron Clyne, will not say he has ''made it'', but topping the customer satisfaction charts this week, when NAB was 7.

Ignominy looms for ASX shift on raising rules

Insider - Ian McIlwraith dinkus.

Insider ASX proposals to free up capital raising rules for small and mid-size companies could be headed for a humiliating defeat after John Brogden's Financial Services Council weighed, belatedly, into the...

NAB fights with one hand tied

Elizabeth Knight dinkus

Elizabeth Knight Cameron Clyne has been re-risking the bank, but the task is not finished.

Competition pushing up funding costs: NAB

NAB will only pass on a percentage of the Reserve Bank's rate cut to borrowers.

Elizabeth Knight THE European debt crisis is no longer to blame for higher Australian mortgage rates, the chief executive of National Australia Bank, Cameron Clyne, says.

Gloom and doom, for no reason

malcolm-maiden-dinkus

Malcolm Maiden Kohlberg Kravis Roberts' George Roberts visited Australia last year and remarked that Australians seemed terrified of a global crisis they had not actually experienced.

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Worry has become an addiction

Unhappy at work ... might be time for a shake-up.

Malcolm Maiden The Kohlberg Kravis Roberts co-founder and co-chief executive George Roberts visited Australia in June last year and remarked that Australians seemed terrified of a global crisis they had not...

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Rescue service in need of a lifeline

Teen rescued from cliff fall at Lesmurdie.

Michael West The National Safety Council of Australia may be Project No. 1 for the government's new regulator of really not-for-profit organisations.

Comments 3

ASIC defends oversight record on liquidators

ASIC

Leonie Wood The corporate regulator launched eight formal investigations into liquidators last year after fielding 426 complaints of possible misconduct.

House price gains account for bulk of loan growth

It is too early to tell whether the housing downturn has been halted.

Chris Zappone Runaway home price increases accounted for more than half the loan growth for owner-occupied homes over the past 17 years, a report shows.

Navaho Gold takes pickaxe to pay, fees

mining

Rania Spooner The gold mining minnow takes the unusual step of cutting the pay and fees of its key employees.