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Rio Tinto (ASX:RIO) departures – a win for ESG?

Rio Tinto Ltd (ASX:RIO) today announced that CEO Jean-Sebastian Jacques; head of iron ore, Chris Salisbury; and head of corporate affairs, Simone Niven, will be stepping down from their roles following the Juukan Gorge incident. While someone losing their job should never been seen as a positive, is this the first high-profile ‘win’ for the…

Staff Writer | 11th Sep 2020 | More
Are CBA shares worth $49?

Dividends from Commonwealth Bank of Australia (ASX: CBA) shares and the ‘Big Four’ have been put under the microscope. So far, CBA has held up the best of the majors. Below, I take you through how an analyst would look at the shares and ways to put a valuation on it. Obviously, I’ll keep things…

Owen Raszkiewicz | 13th May 2020 | More
No quick turnaround on bank dividends

Investors hoping that the big banks will restore their dividends sooner rather than later are likely to be disappointed, as the earnings pressure on the banking sector will continue into the 2020/21 financial year. The banks’ March-half earnings (December-half in Commonwealth Bank’s case) fell by an average of 33 per cent, driven by big increases…

Annabelle Dickson | 6th May 2020 | More