Stephen Bartholomeusz

Don't bank on a break-up to solve the financial system's flaws

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Breaking up the major Australian banks in order to boost competition would likely have a destabilising effect, and it wouldn't address the sector's biggest problem.

Where Arrium went very wrong

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One damaging misstep explains how an issue from a company as well regarded as Arrium, pitched at a 26 per cent discount, could be trashed so badly along with its share price.

Reading between the lines of the Fed's cautious communication

Normalisation of US monetary policy is likely to become a reality next year, but the Federal Reserve remains cautious in communicating this to markets for fear of sending investors rushing for the exit.

Qantas dreams of a dwindling dollar

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A US80 cent Aussie would significantly reduce Australia’s attraction to the airline’s international competitors, while boosting Qantas’ international revenues.

What's next after Lew's Premier performance?

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Premier Retail's stellar performance has led to plenty of speculation about its growth ambitions. Myer could be a plum acquisition, but there are plenty of other options.

The telcos' grand iPhone 6 designs

Despite the diminishing effects of successive iPhone launches on dynamics between Telstra, Optus and Vodafone, the iPhone 6 is a big deal.

A Fed rate rise will be timely for Australia

The Fed's anticipated normalisation of interest rates is likely to cause some market volatility, but the knock-on effects could be helpful for the resources sector.

Arrium's insurance against an iron ore price plunge

Arrium may be the first of the iron ore-price exposed companies to raise equity, but it's unlikely to be the last.

The RBA's dollar dreams might come true

The RBA's jawboning failed to move the stubbornly high dollar, but conditions in the US appear to be having a bigger impact.

Myer pins its hopes on a strategy shake-up

The cut-throat retail environment leaves Myer with no choice but to pursue an ambitious plan for growth.

Turnbull's gift to NBN Co

Malcolm Turnbull's announcement of a new licencing condition for telecommunications carriers could put NBN Co on a surer footing in its battle with TPG.

The worst is yet to come for our miners

Iron ore prices will continue to decline as excess supply dramatically increases, eating into the big miners’ profits and bringing smaller miners to their knees.

Brambles bets on energy with its Ferguson buy

A strategic move in buying UK-based container supplier Ferguson Group will be a neat fit for Brambles as looks to diversify its earnings base and build its presence in a high-growth market.

Why NAB wants Scotland vote to fail

A successful vote for Scottish independence would not only cost NAB dearly, but delay its strategy for a quick exit from Clydesdale Bank. That's why the bank will be hoping for a "No" result.

Why Rio and BHP might not deliver on shareholder returns

Institutional shareholders in BHP Billiton and Rio Tinto have long demanded better levels of capital management, but two recent developments could leave them disappointed.

The reality sinks in for AusPost

The impact of digital disruption combined a rising fixed cost base will see Australia Post’s position deteriorate at an accelerating rate. And there’s no fix in sight.

The shale gas revolution is igniting BHP's US fortunes

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BHP Billiton's costly plunge into the US onshore gas business was initially seen as controversial, but the company is now reaping the rewards from its liquid-rich assets.

Time to move on from MRRT mistakes, Swan

The former treasurer's response to the MRRT repeal is foolish for all the same reasons the tax was doomed from conception.

Big iron ore miners turn up the volume

BHP Billiton, Vale and Rio Tinto are set to ramp up iron ore production, despite softening demand from China and a sinking price. The pressure’s on for smaller miners and Chinese steel producers.

A nervous APRA shows its hand

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As the financial system inquiry progresses, it's clear the regulator has some concerns that the sophisticated and nuanced regime it oversees might soon be overlaid with some new and quite rigid domestic rules.