Recent Posts

NZ dollar holds near 2 ½-year high vs. Australian dollar before RBA minutes

The New Zealand dollar traded near a 2 ½ year high against its Australian counterpart before minutes of the Reserve Bank of Australia’s last policy meeting that may hint at further easing across the Tasman. The kiwi traded at 82.05 Australian cents, little changed from 5 pm in Wellington yesterday, having reached as high as 82.33 cents at the end …

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What Brett Chenoweth told APN staff after he was ousted as CEO yesterday

“It is with much regret that I need to inform you that I will be leaving APN tomorrow. The Chairman and I and a number of the independent directors have today resigned from the Board of APN. This was not a decision that was made lightly by any of us. Following a series of discussions regarding the need to raise …

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Irish seize APN in boardroom bloodbath – AFR

The Australian Financial Review gets to the nub of the stoush that saw five of Herald publisher APN’s directors walk overnight after Ireland’s Independent News and Media exercised its shareholding muscle. The article it notable for suggesting INM’s own CEO Vincent Crowley might be a candidate for the new APN CEO role. Crowley – who is Irish – is a …

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