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Smaller banks fear end of guarantee

By business editor Peter Ryan for The World Today The Bank of Queensland says smaller banks will be further disadvantaged by losing the Government guarantee (ABC TV News - file image) Audio: Business editor Peter Ryan discusses the bank guarantee with Prof. Fariborz

Blair’s Business Backers Split on Brown in ‘Up for Grabs’ Vote - Bloomberg.com

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“I might decide 24 hours before,” Gilkes, 69, said of the election, which Blair’s successor, Gordon Brown , must call by June. “I have no wish to publicly declare I am changing my allegiance, but I cannot endorse the current leadership.” Gilkes’ hesitation to support the
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Last project for tourism research centre

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Map: Southport 4215 The Sustainable Tourism Cooperative Research Centre at Griffith University will close its doors at the end of June. The centre's CEO, Ian Kean, says it has studied a broad range of issues over more than a decade, but the Federal Government has decided not to
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The Westfield of insurance

Westfield gets a lot of press for being one of the most successful investments of the past 30 years, as it should. But there’s another homegrown success story that’s done almost as well, using a completely different strategy, which gets much less attention. Had you invested $10,000 in this

CIT Taps Ex-Merrill Chief John Thain to Run 102-Year-Old Lender - Bloomberg.com

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Thain, 54, becomes chairman and chief executive officer immediately, New York-based CIT said today in a statement. The century-old lender had been led by Jeffrey Peek , another former Merrill Lynch executive, from July 2004 until Jan. 15, when Peek stepped down and board member Peter
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JB does it again, but CEO departing

The company's profit is 29 per cent higher than the same period a year earlier, with a 23 per cent rise in revenue to $1.55 billion. Most of the company's increase in revenue was due to opening 15 new stores, but sales in its pre-existing stores were 10 per cent higher. The company's chief

JB does it again, but CEO departing

JB Hi-Fi has reported strong sales growth for the year, and the December period, despite recent ABS figures showing a drop in retail sales (Andrew Robertson ) Electronics retailer JB Hi-Fi has defied the economic downturn, posting a $76 million profit in the first half of the 2009-10

JB Hi-Fi"s Uechtritz to bow out on top

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JB Hi-Fi boss Richard Uechtritz has achieved a rare feat among corporate chiefs - choosing the timing of his own departure. Not forced out or dumped, nor asked to leave by the board or angry shareholders, Mr Uechtritz plans to leave the entertainment retailer at the top of his game and at
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SAP CEO Apotheker Unexpectedly Quits; Co-CEOs Named (Correct) - Bloomberg.com

Feb. 7 (Bloomberg) -- SAP AG Chief Executive Officer Leo Apotheker unexpectedly resigned after the world’s largest business-management software maker’s supervisory board decided not to extend his mandate. Apotheker’s exit comes less than a year after he took over in May 2009 as the

Record results for JB Hi-Fi as Uechtritz to exit

JB Hi-Fi booked net profit of $76 million for the six months to December 31, 2009, up from $59 million in the prior corresponding period. Sales were up 23 per cent to $1.554 billion, from $1.262 billion. "Comparable store sales growth for the period was 9.9 per cent," the company said in a

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