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The KPMG lawyer tasked with first investigating claims the firm was using confidential client files to win contracts accused partners of misleading him and hampering his work as they sought to cover up their wrongdoing. The firm’s...
Jon Adgemis, Bondi’s most affluent bankrupt and Australia’s biggest since Alan Bond, wanted his financial methods kept secret. Then his money man hit the stand ... Jon Adgemis, Australia’s biggest bankrupt since Alan Bond, is fighting to keep...
Canva and two longest-standing Australian backers have wiped $US7.1 billion ($10 billion) from the design software giant’s valuation as it struggles in the AI era. The downgrades from Blackbird Ventures and Airtree are surpassed by an...
The first time Stephen Mayne stops talking is just before he starts to cry. We’re at the RACV Club on Melbourne’s Bourke Street on a chilly Thursday in July. Almost seven years ago, his 50th birthday lunch took place in the wood-panelled private...
Two important observations emerge from 30 years of investment market data. First, US stocks have overwhelmingly dominated global returns and, second, long-term investors may be more skewed to growth assets than they originally intended. As...
On May 30, 1990, one year into a severe property market correction brought on by the unwinding of a credit boom, The Australian Financial Review ran a story under the headline: Property Crisis Worse than The Crash of ’74. Journalist Pam...