bestnews US consulting firms offer concessions to head off Trump cuts
New York/Washington | Consulting firms have offered to cut back US government contracts, limit price rises and shift to performance-based fees, after the Trump administration demanded they prove taxpayers were…
New Grant Thornton boss to strike at bigger rivals ‘while iron is hot’
New Grant Thornton boss to strike at bigger rivals ‘while iron is hot’
Norway’s sovereign wealth fund to vote against Rio Tinto unification
Norway’s sovereign wealth fund to vote against Rio Tinto unification
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…