The post blockbuster stock dip in studio stocks as been a surprisingly common occurrence in recent yeras – and it has it parallels in other industries – one only has to observe the phenomena in Australia when an announcement is made at or above market expectations yet the stock...

To me, much of the argument about whether or not markets are efficient misses the point. There are conditions, it seems, under which markets seem to do a great job of managing risk, keeping the cost of capital reasonable, and allocating capital to its most productive use, and there...

Libs vs Nats: GrainCorp stoush shows cracks run deep in the Coalition Socrates once observed that no-one could be a statesman if they were entirely ignorant of the problem of wheat. Once again wheat – or, more precisely, grain handling and the sale of GrainCorp – is drawing attention...

As Chinese officials expanded support for agriculture, they began to rely on raising price supports to maintain net returns to farmers. China became the largest market for U.S. agricultural exports as its rising prices eroded the relative competitiveness of Chinese commodities. Chinese officials have signaled intentions to keep increasing...

Courtesy of AustCham Hong Kong I am attending  ASIFMA’s Annual Conference with the theme for this first-of-a-kind, two-day event ‘Developing Asia’s Capital Markets’. The conference is an industry-wide occasion, providing a unique opportunity for global and regional policy makers, high-level regulators and industry representatives from both sell-side and buy-side...

Deloitte Australia have released their Positioning  for Prosperity report this week and Deloitte  identifies five “super-growth industry sectors” that they forecast will collectively contribute an additional $250 billion to the Australian economy over the next 20 years. These five industries would form the backbone of a powerful new diversified...

A topic which warrants inclusion in Joe Hockey’s planned Financial System Inquiry — but probably won’t make it in — is the regulatory and institutional impediments to Islamic finance. The 2% of the Australian population who want these Sharia-compliant products face significant problems in accessing them. The following piece...

Senior federal government ministers say any proposal by Indonesia to buy Australian farmland for cattle grazing will be under joint venture arrangements.accoeding to SKY News Australia. The Indonesian government has expressed interest in acquiring a large tranche of pastoral land in northern Australia to breed cattle, but the proposal...

Problems with Australia’s foreign investment review system are more rooted in perception than in reality. Many of the gripes we hear from Chinese miners about confusing laws and taxes, environmental standards and stakeholder concerns are just the growing pains of a sector that is still finding its way on...

Since the beginning of the global crisis in 2007-08 I have argued that the crisis was a consequence primarily of global trade imbalances generated by structural features that led to significant saving imbalances in China, the US, and within Europe. I describe this model in more detail in my...