Pasminco cut costs but zinc price is still the key

Article Abstract:

Australian zinc mining company Pasminco's share price dropped from $AS1.84 in January 2000 to 68 cents in December of the same year, and the company lost a large amount of market share. In response to calls for his resignation, the company's chief executive, David Stewart, launched a business improvement program of large cost cuts and potential staff cuts.

Author: Stensholt, John
Zinc industry, Pasminco Ltd.

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Tax sleuths still on the hunt

Article Abstract:

Issues are presented concerning the efforts being made by the Australian Taxation Office to ensure that wealthy people pay the correct levels of tax. The investigation of tax minimization schemes managed by accountants is discussed.

Author: Stensholt, John
Taxation, Tax planning, Rich, Rich people, Tax policy, Australia. Australian Taxation Office

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Cut costs but don't bleed the business

Article Abstract:

Cost-cutting by large Australian firms in response to the economic downturn has not necessarily been viewed positively by investors. In some cases, questions are being raised about whether cost-cutting always improves efficiency.

Author: Stensholt, John
Analysis, Cost control

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Subjects list: Australia, Finance
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