Danny John
Doubts raised about Seven merger
Danny John THE $3 billion merger of the two parts of Kerry Stokes's business empire, Seven and WesTrac, has come under fire in the first dissenting analysts' report since the deal was unveiled a month ago.
Raw deal for Record Realty's investors
Danny John Investors in Record Realty, the once high-flying property offshoot of Allco Finance, have been given the bad news they long suspected: they will get nothing.
ABC likely insolvent for 6 months, creditors told
Danny John Childcare operator ABC Learning almost certainly became insolvent in the first half of 2008, about six months before the directors appointed administrators.
Credit union mergers 'certain'
Danny John Further mergers of credit unions are inevitable as they to seek compete with the big banks and fill the gap left by the takeovers of St George and Bankwest, according to the head of the country's...
Big investor warns on Telstra
Danny John Telstra's second-largest shareholder positions itself to lead an investor revolt against the federal government's national broadband network.
Telstra shuns locals to raise $1.5b in Europe
Danny John Telstra has raised $1.5 billion in new debt through a corporate bond issue that does not have to be repaid until 2020.
Clarion call to get back in touch
Danny John THE country's only female retail banking boss has criticised the industry for losing touch with the values of the communities they serve, a division she believes was one of the main causes of the...
Bendigo raises $1.1b
Danny John Investors are responding to calls from the government and consumers for greater competition in the home loan market by supporting smaller lenders looking to raise money.
Liddy's last hurrah may produce big deal for BOQ
Danny John Bank of Queensland chief executive David Liddy is looking to pull off one more sizeable acquisition before he brings down the curtain on a 40-year career in banking.
Gen Y shrugged off crisis and kept spending
Danny John It's the recession they never quite had but perhaps should have.
Insurers weather storms
Danny John Second-half profits at the country's two largest insurers will take a big hit in the aftermath of the wild storms in Victoria and Queensland.
AXA AP sales surge
Danny John The $9.6 billion push by AXA Asia Pacific's major shareholder to get its hands on the Australian fund manager's Asian operations has been reinforced by a surge in new business in the region.
BoQ boss laments lingering cost of guarantee
Danny John THE lingering effects of the federal government's soon-to-disappear bank funding guarantee will cost the Bank of Queensland $30 million a year in pre-tax profits and hamper its competitive position...
Great Southern land sell-off
Danny John Receivers of failed agribusiness investment group Great Southern to shortly begin selling its vast land holdings in a move to recover combined loans of $600 million.
Agency ratings put to the legal test
Danny John The credibility of ratings agency Standard & Poor's has come under legal attack in a $40 million action by a local government superannuation investor.
QBE to swoop on stricken Dutch rival
Danny John Global insurer QBE is stalking the commercial insurance operations of Dutch financial services company ING as it seeks to ease investor concern about slipping profits.
Online insurers take on the old guard
Danny John and Eric Johnston Australia's two biggest providers of motor insurance are bracing themselves for an increasing online attack from domestic and overseas rivals.
Little choice for investor growers
Danny John Investor growers in two of Great Southern Group's last remaining managed investment schemes are to hand at least one of the crops over to a new responsible entity.
ANZ agrees to Storm bailout deal
Danny John ANZ will follow the Commonwealth Bank in putting forward a compensation deal to settle claims made against it by investors caught up in the collapse of Storm Financial.
It's back to the basics for IAG
Danny John After a torrid last four years, there are - at last - signs that Insurance Australia Group is getting its act together and behaving like an insurer should do.
