ASX Announcements
Wayne Byres Joins ASX Board and Yasmin Allen AM to Retire
Director Appointment/Resignation
- May 6, 2024
- 2 pages
Notification regarding unquoted securities - ASX
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Apr 3, 2024
- 6 pages
This Month
R&D boost needed for Future Made in Australia plan to fly
Australian firms that develop innovative technologies say they are disincentivised to build their products in Australia and are calling for R&D incentive changes.
- Tess Bennett
- Updated
- Media & marketing
$250m deal to reshape radio market collapses
Southern Cross Austereo’s regional TV stations proved the sticking point for Anchorage Capital Partners’ deal. ARN is left to try and salvage a way forward.
- Updated
- Sam Buckingham-Jones
McKinsey program leaves Bapcor in a hole
Instead of delivering the $100 million in extra profits promised, the strategy overhaul has left the automotive giant in disarray and profits sliding.
- Simon Evans
Tabcorp recruits Laundy in pub fight
The ASX-listed wagering group will upgrade its betting terminals and broadcast displays across the Laundy Hotels portfolio, but lock its rival out.
- Zoe Samios
Cabal of industry super funds, led by investors, weighed ASX takeover
The ASX is an essential piece of infrastructure, and has a quasi-monopoly position, a description that would fit Sydney Airport, for instance, which went private in a $23.6 billion takeover.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Board bought time for Kogan execs to settle $17 million windfall
Recently released emails show how the Kogan board delayed the settling of executive bonuses for cash, helping the return.
- Mark Di Stefano
42-year-old Sydney tech company saved with $150m price drop
Casa Systems bought NetComm for $161 million in 2019. Five years later another US company is buying it out of administration for just $US7 million.
- Nick Bonyhady
Former APRA chairman Wayne Byres joins ASX board
His appointment comes as the exchange faces a range of governance questions after its failure to replace ageing clearing and settlements infrastructure.
- James Eyers
Ruslan Kogan, tell ’em the price son
Blessings never cease for the founder-CEO who keeps getting a great deal from his board.
- Mark Di Stefano
- Opinion
- Mining
BHP is betting self-interest trumps politics on Anglo American
Convincing South Africa’s government its $60 billion takeover bid for the mining multinational is politically palatable is part of BHP’s challenge in a particularly complex deal.
- Jennifer Hewett
AVZ flags delisting, shareholders face $2.8 billion wealth wipeout
The lithium explorer will delist on May 13 as more than 21,000 shareholders remain trapped in a company that joined the S&P/ASX 200 in 2022.
- Tom Richardson
April
Ex-SFE boss warns ASX a threat to financial stability
Former SFE boss Les Hosking says ASX is a ‘single point of failure risk’ threatening financial stability. Joe Longo says he’s ready to act.
- James Eyers
ASX monopoly threatens stability of the Australian financial system
Readers’ letters on why Australia is losing the equity market battle; the true cost of gas; Star’s overdue clean-out; violence and the “Nordic paradox”; and how to sidestep scammers.
Coles wants suppliers’ help in cutting prices as shoppers seek deals
The supermarket chain’s sales rose 5.1 per cent in the third quarter but liquor sales fell as consumers cut spending by looking for cheaper alcohol options.
- Carrie LaFrenz
- Opinion
- Sharemarket
How Australia is losing the equity market war
Australia’s equity capital markets are slipping behind global competitors on market value, shares traded and foreign listings. That trend is unlikely to change while the ASX is fixing its monopoly clearing and settlement system.
- Tony Boyd
Tasmea helps break IPO drought after spurning private equity
Stephen Young says he held out for the thawing of the IPO market rather than commit a “breach of faith” by selling to private equity buyers.
- Simon Evans
Super Retail CEO and former exec accused of undisclosed relationship
The board and chief executive are expected to be named in a soon-to-be-lodged legal claim by Harmers Workplace Lawyers, Super Retail said.
- Carrie LaFrenz
Inquiry puts blame on regulator, RBA for ASX failure
ASIC and the Reserve Bank should conduct more thorough audits to avoid a repeat of the bungled CHESS replacement project.
- James Eyers
ASX shoots for one-day settlement dream
The market operator is examining a move to a one-day settlement cycle, following the lead of counterparts in the US and Canada.
- Joanne Tran
- Opinion
- Australian economy
Goyder’s fight at Woodside highlights question of shareholder voice
Activist battles largely take place between big asset managers and their proxy advisers. Is it time their retail investors got more of a say in what they do?
- Jonathan Wenig
