Australian corporates’ resilience appears to have come from costcutting

ANZ hasn’t ruled out another bid for the troubled insurance and banking firm but the most likely buyer may end up being a regional rival

Shareholders are turning their attention to a potential takeout price – and it could be north of the present value

How do you know the economy is on the mend? The US government decides against the bailout of a near bankrupt finance company.

The emerging battle between the media barons James Packer and Kerry Stokes has almost all the ingredients of pulp fiction – money (plenty of money), glamour assets (pay TV) and a long-running history of antagonism between the protagonists.

Pessimists draw support from David Jones saying next year’s profit figures are premised on flat to slightly negative sales growth.

The lucky ones are those who have been able to maintain their banking facilities with their covenants untouched

 But there is more work ahead for the property sector at least

 Medical products firm delights investors with promise to hand back war chest