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The Australian - The Australian Business Review PM
| | | | | | S&P/ASX200 | 5732.8 | -1.74pc | | All Ordinaries | 5822.3 | -1.69pc | | AUD | US72.17 | +0.09pc | | | |
| | | Market extends its bloodbath | | Samantha Bailey | | The ASX has posted a second straight session of heavy losses, with investors wiping $62bn off the bourse in just two days. |
| | | Pact dives again on downgrade | | PERRY WILLIAMS | | Pact Group shares have plunged 15pc after it issued a profit downgrade in the wake of August’s earnings miss. |
| | | CEO quits after assault claim | | Newley Purnell, Sarah Nassauer | | US giant Walmart paid $US16bn for India’s Flipkart business, not knowing its CEO had been accused of sexual assault. |
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| | Newley Purnell, Sarah Nassauer | | US giant Walmart paid $US16bn for India’s Flipkart business, not knowing its CEO had been accused of sexual assault. | | | | Loan fund ‘tokenistic rubbish’ | | John Durie | | The government should be fixing the way banks measure risk for small business loans, rather than adding more regulation. |
| | | Wage growth highest in 3 years | | James Glynn | | Wages rose by 0.6pc in the third quarter and by 2.3pc over the past year - the highest annual growth rate in three years. |
| | | Robot bricklayer passes test | | James Hall | | The fully automated construction of a house in less than three days means Fastbrick can commercialise its “robot brickie”. |
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| | James Hall | | The fully automated construction of a house in less than three days means Fastbrick can commercialise its “robot brickie”. | | | | Nine-Fairfax merger ‘on track’ | | Lilly Vitorovich | | Nine chiefs say feedback makes them confident Fairfax shareholders will approve the merger of media giants. |
| | | Star planner slapped with fine | | Michael Roddan | | Former star financial adviser Sam Henderson has been hit with a $50,000 fine following a review of his conduct by the FPA. |
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| SHOULD COMPANIES REQUIRE A SOCIAL LICENCE TO OPERATE? Will better governance lead to better returns or just bog companies down with regulation? Hear from our panel of experts, Alison Kitchen National Chairman KPMG, John H C Colvin Consultant and Former Partner, Herbert Smith Freehills, Elizabeth Proust Chairman Australian Institute of Company Directors & Sam Mostyn Chair Citibank Australia. Thursday November 22, Ivy Ballroom, Sydney, 12-2pm, $130pp | BOOK NOW |
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