There are so many disturbing aspects to the financial crisis
that it is difficult to focus.
Vale Joy Palmer – ESG pioneer
Joy Palmer, the chair of
Vale Joy Palmer – ESG pioneer
Joy Palmer, the chair of
As share markets shrink, new ideas grow
There are always a few types of business which can profit from a financial crisis, and it’s been interesting to watch those who hope to be among them subtly play their angles.
As share markets shrink, new ideas grow
There are always a few types of business which can profit from a financial crisis, and it’s been interesting to watch those who hope to be among them subtly play their angles.
The shorting ban didn’t work and the reforms
It was expected that financial stocks would rally on the first day of the short-selling ban in Australia, back on September 21. The ASX200 financials index (XFJ) gained 5 per cent that day, as shares in ANZ increased by 8.1 per cent, Commonwealth Bank of Australia by 4.4 per cent, Westpac by 4.9 per cent and NAB by 5.65 per cent.
The shorting ban didn’t work and the reforms
It was expected that financial stocks would rally on the first day of the short-selling ban in Australia, back on September 21. The ASX200 financials index (XFJ) gained 5 per cent that day, as shares in ANZ increased by 8.1 per cent, Commonwealth Bank of Australia by 4.4 per cent, Westpac by 4.9 per cent and NAB by 5.65 per cent.
Accounting distorts asset values in volatile markets
KPMG last month told superannuation funds that they should re-assess caps for their deferred tax assets, as the market slump and ongoing volatility had increased the risk that unit prices may overvalue those assets.
