Original article by Jacob Greber, Jemima Whyte, Jenny Wiggins, Anne Hyland, Yolanda Redrup, Perry Williams, Agnes King
The Australian Financial Review – Page: 1 & 8 : 19-Jun-15
Research by the Reserve Bank of Australia has examined factors that deter companies from making capital investments. Some 90 per cent of companies said they would only commit to new investment if the hurdle rate is at least 10 per cent. However, the central bank notes that some companies are applying outdated hurdle rates that do not reflect current interest rates. Computershare tries to maintain its return on capital at a certain level, according to CFO Mark Davis, but is open to revising it when this is deemed to be necessary.
CORPORATES
RESERVE BANK OF AUSTRALIA, COMPUTERSHARE LIMITED – ASX CPU, TECHNOLOGY ONE LIMITED – ASX TNE, ARISTOCRAT LEISURE LIMITED – ASX ALL, AURIZON HOLDINGS LIMITED – ASX AZJ, WESFARMERS LIMITED – ASX WES, BORAL LIMITED – ASX BLD, WOODSIDE PETROLEUM LIMITED – ASX WPL, PRICEWATERHOUSECOOPERS AUSTRALIA (INTERNATIONAL) PTY LTD