Invest overseas or you’ll lose out
Never before has it been so compelling to diversify your portfolio away from the traditional Australian bias and invest overseas. Not only is the huge weight of money in superannuation crowding a relatively small local investment space, but the concentration of domestic stocks in financials and resources makes diversification difficult.
Foreign buyers drive home prices higher
Parents should understand they need to mortgage their homes to help their children get into the property market, apartment developer and Meriton founder Harry Triguboff says.
A conman’s dishonest journey through corporate Australia
The smooth-talking American must have wowed the group of 35 business students who had gathered to hear him reveal his tips on how to talk your way into a job paying six figures.
Healthscope IPO secures $1.8b in cornerstone investors
Healthscope has secured pre-prospectus commitments from cornerstone investors for as much as $1.8 billion, as it seeks to raise $2.5 billion and list with an enterprise value of about $5 billion by the end of July.
Palmer presses ahead in to the Senate
Clive Palmer’s Palmer United Party (PUP) will show its full power in the Senate this week after he came out in support of Prime Minister Tony Abbott’s bid to repeal the carbon-price tax.
Japan’s biggest overseas bet – and it’s in Australia
Sandwiched between the vast hulls taking shape in the world’s biggest shipyard in Korea, is one of the centrepieces of what will be Japan’s most expensive overseas investment.
UK political, media ties exposed in trial
The questionable relationship between the UK press and top politicians has been exposed in the phone-hacking trail which embarrassed many of the political and media elite.
Business left confused by carbon policy
Business has questioned how Australia will reach its commitment to cut its greenhouse emissions by 5 per cent under the suite of policy measures emerging after this week’s vote to abolish the carbon tax.
Fractured: coal seam gas and the battle for the Pilliga
The fight over coal seam gas extraction is tearing the Narrabri community apart as farmers and environmentalists dig in and project operator Santos insists the protesters have it all wrong.
Carney acts to contain UK housing risks
Bank of England Governor Mark Carney says the biggest risks to Britain’s recovery stem from the housing market as he seeks to limit risky mortgages and prevent a buildup of consumer debt
The man who blew the whistle on CBA
Jeff Morris blew the whistle on misconduct in the CBA’s financial planning arm almost six years ago, but the wounds are still raw.
Aussie Post says it’s time to adapt or die
There was a turning point this week in the debate about Australia Post’s future.
Smoke and mirrors
Clive Palmer’s foray into the climate debate may have been dramatic, but it has only added to the confusion.
Healthscope IPO secures $1.8b in cornerstone investors
Healthscope has secured pre-prospectus commitments from cornerstone investors for as much as $1.8 billion, as it seeks to raise $2.5 billion and list with an enterprise value of about $5 billion by the end of July.
Tennis sensation Kyrgios bucks the odds
Standing at 1.93 metres, Australia’s latest tennis star Nick Kyrgios has taken his career to new heights.
Tesla supercar to arrive in September
“There’s a belief your manhood is somehow diminished if your car doesn’t make a loud noise,” says Simon Hackett.
Interactive quiz | Billionaires and hipster coffee
See how much you know about the Rich List and the odd ingredient hipsters are adding to their coffee in our interactive quiz.
How much cologne is too much?
If people keep asking you what cologne you’re wearing, chances are you’re wearing too much.
Can governments search your ‘digital home?’
Facebook and the New York district attorney’s office are in a bitter fight over a privacy question that was bound to come up sooner or later.
Sydney Airport power outage delays flights
Power has been restored at Sydney airport after a Friday morning outage left passengers facing lengthy delays and cancellations.
Eddie McGuire finds a bone to pick in dodgy Pies
Rear Window | The minute Collingwood’s season looks in trouble Eddie McGuire goes looking for someone to blame.
London menswear: from punk to pedigree
The Brit capital showcases a rich melting pot of mens’ fashion, infused with hip-hop, sport and out-there experiments.
5 of the best young stock pickers
Who is the John Sevior, Anton Tagliaferro or David Paradice of the next generation?
Generation Y takes over at Optus
Generation Y employees born after 1978 have become the biggest group of staffers at Optus taking over generation X from 12 months ago.
National
ASIC says CommBank problems extend across financial planning industry
The corporate regulator says the fraud uncovered in the Commonwealth Bank’s financial planning arm is not an isolated case and wants extra resources to target high risk areas rather than spending more time and money on another inquiry.
- Offshore buyers not behind housing shortage, RBA says
- Palmer presses ahead in to the Senate
- Joseph Stiglitz tells Tony Abbott to spend more
- Cormann reluctant on CBA scandal royal commission
- Myer not only Flanagan victim
- Golden ticket visas surge
- Clive Palmer’s climate plan in doubt
- PUP scores big with Gore
- Lawyers say Gina Rinehart no threat to next trustee despite default
Fractured: coal seam gas and the battle for the Pilliga
The fight over coal seam gas extraction is tearing the Narrabri community apart as farmers and environmentalists dig in and project operator Santos insists the protesters have it all wrong.
Opinion
Small caps easy money no more
In such a benign environment, it might be considered odd that investors are not piling in, but finding value in the small caps sector is becoming tough.
CBA credibility on the line
A report into how ASIC handled a rogue financial planning scandal at the nation’s biggest bank was always going to be damning.
Shorten should back a national anti-corruption body
Bill Shorten could get on the front foot by announcing Labor will support the creation of a federal corruption commission.
World
HP to settle suits over Autonomy deal: report
Hewlett-Packard and attorneys representing shareholders have agreed to settle litigation over its troubled $US11.1 billion acquisition of British software company Autonomy Corp, sources say.
- BNP poised to cut dividend after settling US probe
- Juncker overwhelmingly approved for top EU job
- Daimler, Nissan to spend $1.36b on premium small cars
- Japan’s biggest overseas bet – and it’s in Australia
- US seeks help from Saudis to contain Iraq crisis
- Rinehart financier exposes US Republican rifts
- Carney acts to contain UK housing risks
- Former Soviet states seal European ties
How the ‘dead broke’ Clintons got rich
Bill Clinton has built such extraordinary wealth since leaving office it is now seen as a potential liability if Hillary runs for president in 2016.
Business
Business left confused by carbon policy
Business has questioned how Australia will reach its commitment to cut its greenhouse emissions by 5 per cent under the suite of policy measures emerging after this week’s vote to abolish the carbon tax.
- Healthscope IPO secures $1.8b in cornerstone investors
- Specialty Fashion also ensnared by Andrew Flanagan
- Japan’s biggest overseas bet – and it’s in Australia
- A conman’s dishonest journey through corporate Australia
- SunRice in no hurry to list on ASX
- Ten hurt by sagging ratings
- Westfield prepares for $1.1 billion bondholder payout
- GPT, Perich join $1.5m working hub program
- ISPT picks up $63m stake in Geelong shopping centre
Rupert Murdoch’s $30m carbon raspberry
Fairfax exclusive | The frequent folly of a carbon abatement scheme and the bizarre events which cost a media giant and others dearly, is unwound.
Technology
Telstra, Optus, Vodafone slash smartphone prices
Telstra, SingTel-Optus and Vodafone Hutchison Australia have slashed the price of smartphones in a last-minute grab for subscribers as the financial year comes to a close.
- Can governments search content of your Facebook ‘digital home?’
- Google removes first results under ‘right to be forgotten’
- German government ditches US telco over spying
- Accenture cuts profit forecast as revenue rises
- Alibaba will list its US shares on the NYSE
- Tech giants launch new e-health network
- NSW government wastes money on telecommunications
- Australia takes on France in .wine war
- Bikers unimpressed by electric Harley-Davidson
LG, Samsung reveal Google Wear smart watches
Google shows off a Samsung smart watch, Gear Live, and an LG smart watch, the G Watch
Markets
Invest overseas or you’ll lose out
Never before has it been so compelling to diversify your portfolio away from the traditional Australian bias and invest overseas.
- Western Areas the best ASX performer
- BNP poised to cut dividend after settling US probe
- Dow, S&P; 500 edge higher on technology shares
- Greenback weak after data fails to alter rate outlook
- Copper slips after touching 3 ½ month high
- Japan must bolster fight against money launderers
- European stocks edge higher to end losing week
- Combining DIY super funds double borrowing power and risk
- SunRice in no hurry to list on ASX
Stocks to watch as companies report
There might be some questions about the degree of upside left in stocks after the rally of the past 12 months, and they should be answered in August’s reporting season.
Personal finance
Consumers will vote on reforms with their feet
It is just as well the banks felt they could support the tweaks to the advice regime unveiled by Finance Minister Mathias Cormann on Friday.
Rezoning could make your house a developer magnet
The next knock on your door could be an unsolicited offer to buy your house. Armed with a friendly smile, the unexpected visitor may tell you they’re thinking of moving into the area.
Lifestyle
Hot ideas for restaurants in a winter slump
Innovative chefs are working hard to warm you up during a traditionally tough season for restaurants.
London menswear: from punk to pedigree
The Brit capital showcases a rich melting pot of mens’ fashion, infused with hip-hop, sport and out-there experiments.
Best hotels, bars and dining in London’s city
New buildings compete for the mantle of most dazzling – and in some cases, most gauche – in the historical CIty of London.
Aspen in summer
Colorado out of winter is alive with culture and wildlife, every bit as breathtaking as its steep slopes and famous ski scene.
Latest TV
Are foreign buyers influencing property?
The question on a lot of minds is how much foreign buyers are impacting the property market. Here is an idea.
Where has market volatility gone?
Investors don't seem concerned about much with markets at record highs, but what the RBA has to say could change that.
BRW Rich 200: lifting again in 2014
A good year for Australia's richest people, with average wealth on the annual BRW Rich list reaching $968 million.
Review: LG Lifeband Touch fitness band
The LG Lifeband Touch's display is difficult to see outdoors, even in the shade, and demands too much interaction.
