Stephen Bartholomeusz

Changing banking culture is a tricky task for ASIC

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If ASIC is serious about tackling poor organisational culture, it needs to delve into the incentive structures that organisations use to shape employee behaviour.

Origin Energy bolsters its balance sheet

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Origin Energy's sale of its stake in Contact Energy will allow it to reduce its debt, but it will take some time before cash starts flowing from its Gladstone project.

A shock CEO exit for Federation Centres

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One of the key figures in the $11bn Federation-Novion merger has unexpectedly been replaced. There is one obvious explanation for his departure.

Dividends provide the clue to miners' futures

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Further falls in commodity prices raise questions over the sustainability of the progressive dividend policies maintained by BHP Billiton and Rio Tinto.

An answer to the big four's multi-billion dollar question

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The majors are set to pass on the costs of their new capital requirements to their customers, but it's unclear whether the strategy is sustainable.

The forces driving Japan's global buying spree

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The rapid pace of offshore Japanese activity goes beyond access to ultra-cheap funding provided by Japan's unconventional monetary policies.

Clearer skies ahead for Virgin

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Virgin's latest numbers reflect the positive impact of the cessation of hostilities with Qantas and suggest that a swing to profit isn't too far off.

Myer's tailored approach to sales growth

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If well executed, Myer chief executive Richard Umbers' decentralisation strategy could reignite the department store's stagnant sales base.

Market mayhem reveals China's moral hazard

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If Chinese authorities continue to stand behind the stockmarket with an open cheque book, there could be some perverse outcomes.

The great unknown for global markets

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Amid a sea of market volatility, it remains to be seen whether a Fed rate rise will be a non-event or the catalyst for something more disruptive.

The government goes to bat for Telstra

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It would be a breach of faith with Telstra's shareholders if the ACCC used its access pricing inquiry to siphon off chunks of the telco's compensation to its competitors.

Fortescue's iron ore strategy could backfire

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Fortescue still needs to lower costs to reduce its vulnerability, otherwise the extra volume it has added to the market may displace its existing production capacity.

BHP ploughs on with its production strategy

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BHP's production output keeps rising, but will it be enough to sufficiently blunt the impact of big falls in commodity prices?

The Aussie dollar has further to fall

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The dual impact of a rising US dollar and falling commodity prices could see the Australian dollar slide even lower than the fundamentals might suggest.

What APRA's risk-weight floor means for the big four

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The big four banks knew the introduction of a floor under their risk weightings for home loans was coming, but it will be interesting to see if it alters their behaviour.

The eurozone's costly state of denial

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The eurozone's latest 'rescue' of Greece is in line with its tradition of ignoring fundamental flaws in its structure and delaying meaningful reform.

The diverging fortunes of Fonterra and Murray Goulburn

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As the world's largest dairy exporter looks to offset the impact of plunging dairy prices by slashing jobs, Gary Helou's strategy for Murray Goulburn appears to be paying off.

Rio's signal to second tier iron ore miners

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Rio Tinto has lowered its full-year production guidance, but it won't ease the pressure on struggling second-tier miners.

Drilling deeper into BHP's shale writedown

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The writedowns don't affect much that is real or meaningful but BHP will need its smaller footprint in the US to generate meaningful free cash.

The FSB's cautious approach to shadow banking

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The Financial Stability Board appears to have listened to Greg Medcraft's warning against the intrusive regulation of non-bank institutions.

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