Opes Prime
News and interviews on Opes Prime including trends, features, blogs and community conversations from an Australian business perspective.
Broking company Sonray Capital collapsesThursday, 24 June 2010
Brokerage company Sonray Capital Markets, which specialised in derivative trading, has collapsed, with approximately 3,000 client accounts suspended. ...
ASIC launches criminal action against Opes Prime directors
Tuesday, 12 January 2010
The Australian Securities and Investment Commission has brought charges against the leaders of the Opes Prime margin lending and broking business that collapsed spectacularly in 2008, triggering chaos on the Australian sharemarket. ...
Knock-on effects
Friday, 04 December 2009
Smart companies that are cutting back on their Christmas parties, substituting an offer of continued employment for the annual bonus and finalising their New Year resolutions need to take a close look at their risk management projections for 2010. ...
CEO turnover soars during downturn, survey shows
Friday, 27 November 2009
The number of chief executives forced out of their positions has risen, with Australia's turnover rate reaching a massive 22% during 2008, a new survey has revealed. ...
Digital media in dire straights
Thursday, 01 October 2009
The collapse of Melbourne-based digital business Swish Group in August shone a harsh light on a sector under huge pressure. Over the past 18 months, the business models of the companies in the space vaguely described as "digital marketing and media" have been ...
Digital media in dire straights
Thursday, 01 October 2009
The collapse of Melbourne-based digital business Swish Group in August shone a harsh light on a sector under huge pressure. Over the past 18 months, the business models of the companies in the space vaguely described as "digital marketing and media" have been ...
Clothing group Mercury Brands in receivership and up for sale
Wednesday, 23 September 2009
Melbourne-based fashion brands company Mercury Brands Group has been put up for sale after being placed into the hands of receivers. ...
The seven sins of young entrepreneurs
Monday, 20 July 2009
The saddest thing about the collapse of a young entrepreneur's empire isn't hearing that the receivers have arrived or that the Ferrari has been repossessed - it's hearing that the poor young thing has been forced to move back in with their parents. ...
Obama declares economy “back from the brink”, shares gain ground: Economy roundup
Friday, 29 May 2009
US president Barack Obama has flagged a potential recovery for the country's troubled economy, saying signs of stabilisation are beginning to emerge. ...
Boardroom bounce-backs
Monday, 30 March 2009
The release of BRW's Executive Rich List last week has provided more evidence of the "great wealth destruction". ...
Our never-ending short selling debacle: Kohler
Monday, 09 March 2009
All short selling is banned; it is as banned as insider trading and armed robbery. ...
We must ban commissions to financial planners: Kohler
Friday, 27 February 2009
It's great that the member for Oxley in Queensland, Bernie Ripoll, has got up a Parliamentary inquiry into financial planning as a result of the Storm Financial debacle that has so affected his constituents - but the time for this was years ago. ...
Parliamentary inquiry will examine role of financial advisers in corporate collapses
Friday, 27 February 2009
The Federal Government has announced an inquiry to examine the role of Australia's financial advisory sector, and commissions paid on investment products. ...
25 corporate collapses – and the lessons learnt
Thursday, 12 February 2009
There have been some high-profile corporate failures over the past year, and the evidence suggests that the bloodbath isn’t over. We take a look at 25 more prominent cases to draw salient lessons for every business. ...
How will your sector perform in 2009?
Tuesday, 20 January 2009
The threat of recession hangs heavy over the business landscape, but not every company is bracing for bad news. In a sector-by-sector breakdown, SmartCompany reveals the industries of likely refuge in the maelstrom ahead. ...
Margin loan crackdown follows Storm Financial disaster
Monday, 19 January 2009
Margin lenders will need to be licensed and warn customers about the risk associated with their products under a new regulatory regime that will be introduced on 1 July. ...
The best (and worst) of 2008
Tuesday, 16 December 2008
The year is quickly winding up, and SmartCompany has reviewed some of the more momentous events of the past year. The result is an impressive list of gong-winners (and some real clangers) that have made 2008 a year to remember. By JAMES THOMSON ...
Commercial property sales plummet as credit market squeeze hits
Friday, 12 December 2008
Sales of office towers, shopping centres and industrial properties have plummeted by 65% in the last few months, new commercial property research shows. ...
Destra placed in administration. What went wrong?
Friday, 14 November 2008
Digital media and marketing firm Destra has been placed in administration after major shareholder Prime Media Group and the company’s bankers withdrew support for the company. ...
Do you feel lucky?
Tuesday, 04 November 2008
Today of all days, we would all like a bit of luck... ...
