Norway’s sovereign wealth fund to vote against Rio Tinto unification
bestnews Norway’s sovereign wealth fund to vote against Rio Tinto unification
March 2025
REST Super, Hostplus charge higher fees than most funds, despite falling short on death benefit claims
Superannuation funds named as the worst offenders by the corporate regulator for not paying death benefits promptly to families of deceased members are also charging the highest administration fees. The…
James Hardie investors unhappy about the $14b Azek takeover; Indian Pacific Funds Management scathing
Somehow, several law firms in the United States are actually contemplating suing James Hardie’s $14 billion target – New York-listed building materials group Azek – because the price is too…
Korea Gas Corporation strikes out at intervention in domestic market
The largest South Korean investor in Australia and one of the world’s biggest buyers of LNG has attacked political intervention in the domestic market and questioned whether it can rely…
KKR corrects record on credit income fund ASX statement error
If a correction to a company’s ASX statement needs a correction itself because the original notice was not, in fact, incorrect, what does that say about the care and diligence…
The buy and sell cycle chewing up ASX companies such as Orora and Healius
Companies deal their way into problems all the time – then they try to deal their way out. The problem is, it rarely works. They buy something questionable, sell something…
Small business says ‘nightmare’ payday super reforms are unworkable
Rosyln Van Welie agrees something needs to be done about companies that try to stiff workers on superannuation contributions. But she says Labor’s plan to make employers pay super along…
Hedge fund interest in Healthscope triggers break-up concerns
The arrival of international hedge funds in the contest for Healthscope is increasing concerns among doctors and landlords that the country’s second-largest private hospital operator could be broken up, creating…
Tasmania’s new stadium facing major cost blowout, threatens arrival of AFL’s newest team
The future home of the AFL’s newest team, the Tasmania Devils, is facing a multimillion-dollar cost blowout that would require millions of dollars in funding and could delay or potentially…
Woolworths slashes prices to close gap on Aldi
Woolworths slashed its prices in March, so the gap between its groceries and those at discounter Aldi fell to its lowest level in two years amid intense pressure on market…