ASX

Analysis and Comment (8)

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Civilians rescue an injured worker after the eight-storey Rana Plaza garment factory collapsed in Dhaka, Bangladesh, on April 24. AAP

Mind the gap: company disclosure discrepancies not sustainable

The recent decision by two Australian retailers to sign an accord protecting suppliers in Bangladesh has highlighted discrepancies in company disclosure of sustainability issues and the need for clearer…
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Are high-frequency traders friends or foes of the financial market? AAP

Too fast, too furious? Making sense of high-frequency trading

As the sixth iteration of The Fast and the Furious franchise rolls out in cinemas, a greater speed demon lurks in our financial markets: high-frequency traders (HFTs). While the good guys in Fast 6 are…
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The Whitehaven Coal hoax showed changes to continuous disclosure guidelines to address the role of social media and trading halts are needed, but the guidelines are not without their problems. AAP

Continuous disclosure: social media and the two sides to trading halts

In a fragile world and with a particularly fragile share market, Australia’s corporate regulators have seen their role in policing the area of continuous disclosure multiply. Disclosure requirements are…
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White, monolingual, male: the make up of many of Australia’s ASX companies fail to reflect our cultural and gender diversity. AAP

To engage with Asia, we must be multicultural in more than name

The recent Ethnic Business Awards were a celebration of entrepreneurship, pioneering and determination and above all the immense contribution that our migrant population has made to a better Australia…
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After the High Court case involving ASIC and Fortescue Metals, the ASX has released a Guidance Note that provides more clarification on continuous disclosure for listed companies. AAP

ASX makes a timely revision to continuous disclosure guidelines

Investor confidence is an obvious imperative of corporate legislation. Section 674 of the Corporations Act, which requires disclosure of information concerning securities that is not generally available…
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The circumstances surrounding EB Private Equity’s takeover bid for David Jones were highly unusual. AAP

DJs takeover farce highlights issues surrounding continuous disclosure

It’s been an extraordinary week for upmarket retailer David Jones. Last Friday, the company announced that it had received a $1.65 billion takeover bid from UK firm EB Private Equity, and its shares rose…
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Insider trading detection in Australia has evolved, but ASIC still needs a win. AAP

Hanlong insider trading case will test ASIC’s resolve

Five senior executives of the Chinese-owned investor Hanlong Mining have had assets frozen after the Australian Securities and Investments Commission (ASIC) launched an investigation into alleged insider…
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Weak labour data sent a signal to investors that US share markets might be overvalued. AAP

Accounting for Wall Street’s week of carnage

Share markets in the US and around the world are expected to fall again this week following sharp declines on Wall Street last week. The Dow Jones industrial average closed on Friday down 2.3% for the…

Research Briefs (1)