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Vladimir Putin risks global banishment

Vladimir Putin risks global banishment

A bullying Russian president risks being shunned internationally if he fails to heed the outrage that has been generated over the tragic loss of life that has followed his country’s support for separatists in Ukraine.

Rethinking our love affair with home ownership

Rethinking our love affair with home ownership

Buying your own home is an emotional decision – triumph at seeing the sold sticker on your dream home, relief at getting the OK for your loan and inhaling sharply at the first mortgage payment. But what if paying weekly rent and relaxing were the better financial option?

Advisers warn on possible flood of SMSF collapses

The collapse of over-leveraged self managed super schemes invested in off-the-plan apartments is strengthening the financial system inquiry’s hard-line call to ban direct leverage in the $1.8 trillion super sector.

Turnbull crucial to Palmer’s turnaround

Turnbull crucial to Palmer’s turnaround

Malcolm Turnbull’s friendship with Clive Palmer was instrumental in the government’s unexpected victory this week in saving its changes to Labor’s financial advice laws.

Christopher Joye

Stretched housing valuations mean bubble is here

In April 2008, RBA governor Glenn Stevens was asked by Malcolm Turnbull why housing affordability was so bad. His answer? Prices – not interest rates – were to blame.

Former News Corp executives applaud ‘classic Rupert move’

Kim Williams and other former senior News Corp executives have paid tribute to Rupert Murdoch’s US$80 billion swoop on Time Warner as he prepares to step up pressure on his US rival’s board.

Major banks a systemic risk: Murray report

In September 1999, David Murray was halfway through his 13-year tenure as head of the Commonwealth Bank when a small delegation from the bank set through Asia and Europe.

Former Boart chief says his warnings weren’t heeded

Former Boart chief says his warnings weren’t heeded

Floated on the ASX in 2007 after being purchased by Macquarie Bank, Boart’s $2.35 billion IPO was one of the largest of the heady years before the GFC time. It’s now worth $40 million.

Westfield’s grand debt reshuffle

New Scentre Group chief executive Peter Allen has a key motto when it comes to the capital markets: strike when you are ready. The strategy paid off for the shopping mall giant’s €2 billion debt issue this month.

Karen Maley

Ten takeouts from the Murray report

David Murray caught many investors by surprise this week when the interim report of his financial system inquiry flagged radical changes to the country’s massive wealth industry.

Murdoch begins his war for Time Warner

Murdoch begins his war for Time Warner

Time Warner has always been the one that got away from Rupert Murdoch, but it is a battle far from over, despite the Time Warner board’s rejection of the initial $US80 billion offer.

A Miliband finds home . . . in New York

A Miliband finds home . . . in New York

Star politician and former British foreign secretary David Miliband lost the leadership of British Labour to his younger brother, Ed. That set him on an unusual path.

Loosen regulation for emerging markets, says Standard Chartered chief

Loosen regulation for emerging markets, says Standard Chartered chief

The British multinational is leading bankers’ call for politicians to take action to deal with a “growth squeeze” in emerging markets.

Markets Summary

Change % Chg
S&P/ASX 200 5531.7 9.3 + 0.17%
Dow Jones 17079.18 102.37 + 0.60%
FTSE 100 6749.45 11.13 + 0.17%
SPI 200 SEP4 5503.000 18.000 + 0.30%
AUD/USD 0.9387 0.0036 + 0.38%

Markets Data »

Price % Chg
MIN MINERALRES $ 11.100 + 5.21%
SIR SIRIUS RES $ 4.010 + 4.43%
AIO ASCIANO $ 5.960 + 3.83%
TEN TEN NET $ 0.280 + 3.70%
LYC LYNAS $ 0.145 + 3.57%

Markets Data »

Price % Chg
ARI ARRIUM $ 0.780 - 4.29%
ALQ ALS $ 8.110 - 4.25%
SEK SEEK $ 16.300 - 3.95%
MGX MT GIBSON $ 0.690 - 3.50%
RRL REGIS $ 1.800 - 3.49%

Markets Data »

Street Talk

US media giants should look to Australia

US media giants should look to Australia

Citigroup analyst Justin Diddams says interest from US media in international peers should extend to local businesses such as Channels Nine and Seven.

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Putin blames Ukraine conflict for MH17 loss

International response to the MH17 loss in Ukraine, including Russia's reaction.

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National

Furious Abbott demands Putin account for ‘crime’

Furious Abbott demands Putin account for ‘crime’

Russian backed rebels were to blame for the downing of Malaysian Airlines Flight MH17 killing 298 peo0ple including 28 Australians and Russia must back an independent investigation, Prime Minister Tony Abbott said last night.

Opinion

Alan Mitchell

Trade ministers can give us more than just FTAs

Alan Mitchell

If all the Sydney G20 trade ministers’ summit produces is a resolution to negotiate more free trade agreements, it will be a failure.

Brian Toohey

Long life ahead for battery power

Brian Toohey

The end of the carbon tax will provide breathing space for Australia’s coal fired power stations, but it may not guarantee their long-term success.

Is the dominance of the big four coming to an end?

Is the dominance of the big four coming to an end?

Philip Baker | Investors noted that the day David Murray released his interim report, Coles unveiled its personal loans.

World

Britain abandons Hong Kong

Britain abandons Hong Kong

Hong Kong’s leader, Leung Chun-ying, this week presented a report to China’s leaders in Beijing on how to reform the territory’s electoral system and suggested most Hong Kongers were perfectly happy.

Business

Meet Naomi Milgrom, the ‘cashmere steamroller’

Meet Naomi Milgrom, the ‘cashmere steamroller’

Naomi Milgrom is a woman who gets what she wants and although detractors might point to art world gossip to prove this, her determination also shines through in her retail empire.

Markets

Don’t pay extra for index huggers

Don’t pay extra for index huggers

If you are paying for beta, you’re a mug. Unfortunately most investors don’t know if they are paying for beta - or even what beta is.

Personal finance

Stretched housing valuations mean bubble is here

Stretched housing valuations mean bubble is here

In April 2008, RBA governor Glenn Stevens was asked by Malcolm Turnbull why housing affordability was so bad. His answer? Prices – not interest rates – were to blame.

Lifestyle

Backstage pass to Paris haute couture week

Backstage pass to Paris haute couture week

In the city of love, we revel in the opulent wonderland created by the big heritage fashion houses.

Glenmorangie and Idris Khan: two creative spirits

Glenmorangie and Idris Khan: two creative spirits

The Scottish whisky distillery has launched Pride 1978, which comes with a photographic work by the famous British artist.

Homes inspired by other times and places

Homes inspired by other times and places

Residential architects take elements of ancient Japan and high Modernism to create impressive new houses.

When switching off is a bad thing

When switching off is a bad thing

In a 24/7 world, answering the occasional email on the weekend will help banish those Monday blues.

Latest TV

When accountants meet entrepreneurs

Entrepreneur clients of Ernst and Young have encouraged a more globally aware culture at the accounting giant.

Australian agriculture, Asia and Abe

Markets commentator Jonathan Pain is bullish about prospects for Australian agriculture as Asia's food demand soars.

A new obstacle for a troubled business

Malaysia Airlines, which had been struggling after the MH370 disappearance, now must deal with the tragic loss of MH17.

'Sovereign event' needed for a lower dollar

International currency markets will only sell down the $A if there's an 'Australian sovereign event'.