Newcrest Mining is set to wear another round of massive asset impairments, with the gold miner today warning it could be forced to write down the value of its assets by as much as $2.5 billion.
You may have noticed a developing commentary about the rough trot retail investors get compared to professional fund managers. The most obvious one is the unbalanced access to IPOs which has spawned the golden rule for retail investors that if an IPO is any good you won’t get offered it and if you get offered it, you don’t want it. The hot ones seem to evaporate into the hands of who knows who without so much as a public offer.
Local shares are poised to edge higher at the open, lifted in part by a generally positive day on Wall Street where the S&P 500 reached a record on Apple's latest quarterly results.
ANZ has provided a return on equity target for its international and institutional banking division for the first time –13 per cent – focusing attention on whether the bank can pursue both an aggressive Asian strategy and lift group-wide returns.
Regional lender Bendigo and Adelaide Bank has agreed to settle a mammoth class action dispute surrounding its involvement in a collapsed forestry group Great Southern.
BHP has demonstrated its strong credentials among the big Australian iron ore producers in the race to increase export volumes.
Telstra will send 671 Australian jobs into Asia as part of an outsourcing round.
Investors in Timbercorp say they will fight 'increasingly unreasonable' legal attempts to force them to repay money they borrowed to put into the failed forestry company.
It was up to Qantas whether to split its domestic and international business to attract more foreign investment, government and opposition say.
Sandeep Biswas will front the investment community for the first time as CEO of Newcrest Mining on Thursday.
Opening Ceremony for the Glasgow 2014 Commonwealth Games at Celtic Park. Photos by Getty Images
The newsmakers and headlines in The Examiner this week, a quarter of a century ago.
Launceston Football Club Ball at The Boathouse. Photo by Haydn Robertson
Stan Siejka Launceston Cycling Classic 2014 Event Launch at Launceston BMW Showroom. Photos by Haydn Robertson
Taking a trip down memory lane to this week, 10 years ago, courtesy of The Examiner's photo archives. ...
Vandals have caused significant damage to the Port Dalrymple school gym at George Town over the weekend.