Fifth Estate defies market carnage with new $250m small caps fund
Fifth Estate’s pitch to investors pointed out the small end of town was “approaching discounts not seen for 20 years”.
afr.com • Primary: Business & Economy • English
Chronological feed of stories from The Australian Financial Review (AFR)
Fifth Estate’s pitch to investors pointed out the small end of town was “approaching discounts not seen for 20 years”.
The Nvidia CEO’s fall from grace seems so shocking partly because the honey-trap story feels so depressingly low-tech.
FTI Consulting is due to speak with suppliers today, when it is expected to announce the closure of 19 of 38 David Jones locations.
The legal filing argues the arch would cast a shadow on the Kennedy family graves and disrupt the sight line from the flame memorialising the former president.
The US president’s acceptance of last week’s midterms drubbing was a mirage. His elevation of Stephen Miller is the reshuffle version of a middle finger.
The latest polling shows Liberal leader Jess Wilson on track to lead a majority government and the risk of a messy three-way contest with One Nation and Labor retreating.
The government’s own consultancy says it’s already covered $15m in spending – and wants to triple in size. Meanwhile, ASIC finds auditor errors aplenty.
Despite a big year at the box office Screen Australia reported its lowest ever return on investment, underscoring a visibility problem for Australian stories.
Investors have fled the market in the face of successive interest rates this year and as Labor’s changes to property tax concessions choke off buyer demand.
The Nvidia boss has been something of a “Trump-whisperer” on US export controls, advocating to sell chips to China to keep it hooked on the US tech stack.
Valuing the AI behemoth is tough enough. But Australian backers go into this float knowing they’re getting a worse deal than some other big shareholders.
This week BOSS asked Australia’s most senior chairs about what it takes to be a great director. Here are their seven key tips.