The ABC has increased its multimillion-dollar advertising budget as the taxpayer-funded broadcaster beefs up self-promotion on social media.
A mostly upbeat tone to annual general meeting season, including well-received updates from the likes of Resmed, Qantas and AMP, spurred shares higher on Friday to ensure a second straight week of gains.
Perpetual’s Small Cap chief, Jack Collopy, has spent about $100 million on stocks in the past six weeks.
The timing and pricing of The timing and pricing of Medibank’s sharemarket listing is ‘laughable’ and the investment bankers running it need a “sharp and powerful uppercut”, Morningstar’s head of equities research Peter Warnes has told clients.
Sleep therapy giant ResMed said its first quarter revenue increased by 6 per cent to $US380 million ($433.84 million), which was buoyed by recent product launches but dampened by weaker growth in the main US market.
Fund managers have taken advantage of a spike in sharemarket volatility to pick up bargains this month, coinciding with the S&P/ASX 200 Index hitting its lowest level since February.
Philip Ross is "worried" about Australian workplaces. The author, futurist and UnGrouup chief executive warned against fads and a one-size-fits-all approach to office innovation, arguing Australian firms had opted to copy overseas models rather than develop their own.
Solid earning and economic news is powering Wall Street higher and has paved the way for a positive start to local trading on Friday.
Might we suggest a rhinestone encrusted ANZ executive joining the parade if the bank really wants to make an impact at next year's Mardi Gras. The only question is who?
Toll Holdings has conceded that trading conditions were tougher than expected in the first quarter in the volatile macro environment, but has reiterated its full-year earnings guidance.