Page 12 - Ryan Stuart News Today

Australia draws the China line at Taiwan Australia has now signalled that its collective pushback to manage China includes drawing the line at the defence of Taiwan. May 6, 2021 – 12.00am Share For the past week or so, the “drums of war” rhetoric out of Canberra has talked up the fear of China attacking Taiwan. In an exclusive interview with The Australian Financial Review’s China correspondent, Michael Smith, Taiwan’s Foreign Affairs Minister, Joseph Wu, talks down the idea “that ...

Mining services outfit Aquirian Group readies float Save Share Specialist mining services outfit Aquirian Group is readying an initial public offering.  Ryan Stuart And next cab off the rank – following the likes of Aerison, Maas Group, DDH1 and MLG Oz – is Perth-headquartered specialist mining services business Aquirian Group. Street Talk understands Aquirian has drafted in Western Australian boutique Pursuit Capital to prepare it for a run at the boards, in a deal that’s exp...

‘Price cuts will come’: suppliers brace for new food fight Save Share Food and grocery suppliers are bracing for pressure on pricing and margins amid a new battle for market share between Coles, Woolworths and Metcash, as food retailers cycle sales growth inflated by panic spending 12 months ago. Coles and Woolworths have been approaching suppliers in recent weeks and asking them to fund temporary and permanent price reductions, adding to growing fears of a new price or marketing war ...

The licensed franchise owners of Australia Post have gone in to bat for ousted CEO Christine Holgate, describing her as a "once in a lifetime leader". Angela Cramp, Executive Director of Licensed Post Office Group (LPOG), appeared on Today to support Ms Holgates claims of bullying and harassment. Licensed Post Offices or LPOs make up two-thirds of the national postal outlet network and are franchised owned. READ MORE: LPOG Executive Director Angela Cramp.(Today) "Licensees have known what Chris...

Woolworths executive Paul Graham has been named the next CEO and managing director of Australia Post. Mr Graham, the chief supply chain officer at Woolworths Group, was chosen following a "global search" and is due to start in September. He will be paid a $1,456,560 fixed annual total remuneration, with the potential to earn incentive payments of up to $1,456,560, in accordance with the parameters set by the Commonwealth Remuneration Tribunal. READ MORE: Paul Graham was formerly the chief suppl...

Proptech poised for post-pandemic boom Institutional investors are pouring billions into exclusive real estate technology funds. These small cap stocks offer retail investors a taste. Investor appetite for proptech has increased in Australia.  Nelson Alexander Share In its first year of doing business, the RealTech Ventures Fund achieved an internal rate of return of 72 per cent, well above the 25 per cent promised in its sales pitch to investors. Backed by some of the world’s real estate in...

Paul Scurrah back in the driver’s seat, this time at Pacific National Save Share Spurned Virgin Australia boss Paul Scurrah is set to take the reins at Australia’s biggest private-sector freight company, Pacific National. Street Talk understands Scurrah will be appointed as Pacific National chief executive officer, overseeing a complex $10 billion enterprise with $2.5 billion annual revenue, more than 3000 employees and operations in 70 locations across Australia. Former Virgin Austra...

UBS ‘will rebuild’ after Barrenjoey Bloody Monday Mar 15, 2021 – 4.21pm Save Share UBS has pledged to rebuild its research and investment banking team after a ‘Bloody Monday’ raid on its top analysts and traders by local upstart Barrenjoey which is run by a group of former executives from the Swiss bank. The Australian Financial Review’s Street Talk column revealed yesterday morning that UBS was told of a first wave of resignations, following the landing of deferre...

Indigenous football shows return to NITV later this month.

The company building the National Broadband Network has pushed back a full rethink of its controversial pricing structure by another two years.