Accenture shares tumbled after the consultancy said its US government work has slowed amid Elon Musk’s cost-cutting push. The company, with nearly 800,000 employees around the world, said new procurement actions had…
Year: 2025
Law firm refers former employee to police over incendiary memo
Slater and Gordon has referred a former employee to police over their alleged involvement in the mass email and pay leak that has upended the law firm. The firm said it suspected…
PwC, AMP deliver $60m tech project on time by ‘adopt not adapt’ approach
PwC tech consultants achieved the rare feat of delivering a $60 million tech project on time and on budget by resisting the urge to overly customise the banking system being installed. The…
Gold Road rejects $3.3b bid from South African rival Gold Fields
ASX-listed Gold Road Resources has rejected an unsolicited $3.3 billion bid from rival Gold Fields, in a move that would give the South African miner full control over the Gruyere joint venture…
Gold Road CEO lashes takeover bid from South Africa’s Gold Fields as too low
Gold Road Resources chief executive Duncan Gibbs says a $3.3 billion takeover bid from Gold Fields is too low, describing the proposal from the Johannesburg-listed miner as extremely aggressive and hostile. The…
Gold price explosion is reviving mothballed mines across Australia
Mar 25, 2025 – 2.00pm Gift this article Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? Login Coolgardie’s…
Aussie shareholders warn against ditching dual listing
Industry super funds look set to reject an activist shareholder’s demand that Rio Tinto, the world’s second-biggest miner, collapse its dual-listed structure, after a key advisory body said there was no “compelling…
Gold fever brings open pit M&A warfare. Beware investors
Lock up your gold projects, fools have the chequebooks out ready to torch shareholders’ hard-earned money. Unable to contain the boom-time feels, multibillion-dollar bids are flying. We’re up to $10 billion and,…
How to launder money and get away with it
How to launder money and get away with it
Private equity money man Michael Lukin’s new chase reveals holy grail within reach
Twenty years ago, private equity salesmen (they were nearly always men) were running around with all sorts of structures to try to lure non-institutional Australian money into their sector. What we got…