Daniel Kemp

Opposition leader Bill Shorten has promised to pursue a ‘bipartisan market mechanism’ such as the National Energy Guarantee if his party wins power in 2019.

'How can you have a $7bn business where performance has been very strong over 20 years, then have to shut the thing down?' asked one former director. We take a look at how it got to this point and the lessons learnt.

Treasurer Josh Frydenberg confirmed his ‘final decision’ that the takeover would be ‘contrary to the national interest’.

Andrew Day, who led Hastings Funds Management for six years, will step into the role later this month.

The country’s investors are expanding overseas, with Europe attractive from a currency perspective. But they want GPs who put in the effort and come with the right products.

Australia deciding to block a Chinese purchase of a national asset is not new – but its decision to block CK Infrastructure’s bid for APA Group feels different.

‘Heavy industry in Taiwan is actually quite advanced and sophisticated, but they’re not used to working in joint ventures,’ warns our panel of developers.

Treasurer Josh Frydenberg said the move should not be seen as an ‘adverse reflection’ on CK Group and that Australia still welcomes foreign investment that is not ‘contrary to our national interest’.

The Australian funds manager ups its total share in the project to 16.5 percent in a deal worth approximately $72m.

Commonwealth Bank of Australia is selling the asset manager in a separate transaction from the planned demerger of its wealth management businesses.