Dreamworld accident: How to avoid a PR disaster
Theme parks must 'build trust back' Dreamworld's crisis manager Newgate Communications admits there was robust discussions with the chairman and the board over their response to last week's fatal accident.Dreamworld owner Ardent Leisure's share price plummeted 22 per cent on Wednesday, the day after the accident at the Gold Coast theme park that caused the death of four visitors and has left the future of the park in doubt.Board and management are widely considered to have misha..>> view originalHazelwood closure 'would expose electricity users to price volatility'
Guvera US and Latin America staff abandoned without pay
Music streaming service Guvera has left former employees thousands of dollars out of pocket after failing to pay severance or entitlements to staff from its North America and South America business.Guvera closed offices and removed its app in Australia, United States, Latin America and Russia and Europe, after failing to launch on the Australian stock market earlier this year. Guvera co-founders Darren Herft and Claes Loberg. Photo: Wayne Taylor BusinessDay has learnt that former staff i..>> view originalAussie man spent investors' money on cosmetic surgery, Wolf of Wall Street debts
The Australian protege of the real-life Wolf of Wall Street has been permanently banned from providing financial services after an investigation found he used client money to pay off his debts and fund his partner's cosmetic surgery.Ashley Grant Howard, a bankrupt, received the banning orders after the Australian Securities and Investments Commission found he had engaged in dishonest conduct, pretended his trading was authorised and engaged in conduct that was likely to mislead. Leonardo ..>> view originalBrighter November tipped for ASX after October's yield sell-off
The sell-off in yield stocks that plagued the sharemarket in October is set to ease, despite ongoing volatility as interest rates remain forefront of investors minds, strategists say. Bond yields globally have been rising, and the corresponding sell off in bond proxy stocks intensified in October, sending the S&P/ASX 200 Index down 2.5 per cent for the month. More Business Videos Previous slide Next slide Rising bond yield causing ASX to underperform Stopping ..>> view originalS&P cuts credit rating outlook for raft of smaller banks due to housing market worries
S&P cuts credit rating outlook for raft of smaller banks due to housing market worries Updated October 31, 2016 15:49:05 Australia's banking sector is at risk of a mass credit rating downgrade as Standard & Poor's warns surging debt and home prices are creating potential economic imbalances. Key points:25 Australian financial institutions put on negative ratings outlook"Risks of a sharp correction in property prices could increase": S&PA sharp drop in Sydney or Melbour..>> view originalInterest rate cut at long odds but some economists back the roughy
Interest rate cut at long odds but some economists back the roughy Posted October 31, 2016 17:02:24 Shortly before they are off and running in Melbourne for the Cup, the Reserve Bank board will be considering interest rates, contemplating something else that's off and running - the east coast housing market. Key points:Probability of a rate cut in November is 5pc, only 5 out of 61 economists tip cutCiti and CBA among those tipping a rate reductionUnderemployment like..>> view originalANZ keeps faith in Asia despite retail and wealth sale to DBS
ANZ CEO Shayne Elliott in Hong Kong on Monday after announcing the sale of the bank's retail and wealth operations in five Asian countries to DBS. Anthony Kwan ANZ Banking Group chief executive Shayne Elliott insists ANZ remains Australia's most outward-looking bank despite selling its retail and wealth operations in five Asian countries.But investors suggest Mr Elliott's strategy of focusing on institutional banking, for corporate clients see..>> view original19 billionaires who used to be dirt poor
Not every billionaire was born with a silver spoon in their mouth.In fact, many came from nothing at all. More News Videos Previous slide Next slide Top 10 richest people 'Dyed hair won't turn white' Thirty years of Arctic ice decay Australian banker killed in South Africa Father found 23 years after disappearing Trump warm up guy fantasises about Hillary's death US presidential candidates on the TPP ..>> view originalNothing seems able to stop the Sydney housing market juggernaut
Nothing, not even a lift in the number of properties going to auction, seems able to stop Sydney’s housing market juggernaut at present. According to figures released by CoreLogic on Monday, the city achieved a preliminary auction clearance rate of 84.4% last week, the highest of any capital city across the country. The elevated figure came despite a sharp lift in properties being taken to auction compared to earlier in Spring. It was also well above the 60.2% level in the corresponding week in..>> view original
Monday, November 21, 2016
Dreamworld accident: How to avoid a PR disaster and other top stories.
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