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CBA chief executive Ian Narev said the drop in retail life insurance sales can be traced back to stiffening competition in the life sector.

CBA rejects compensation pool 

Sally Rose and Ruth Liew

Bank refuses to back industry-wide compensation scheme of last resort for victims of financial planning disasters.

An Illawarra coal mine will be hit by strike action over a disputed workplace agreement.

Illawarra miners to strike 

Peter Ker

Workers at Dendrobium mine will strike on Friday, effectively halting a mine that supplies coal to BlueScope Steel's Port Kembla works.

Forecast: AGL has called for bipartisan support for renewable energy policies.

AGL to pocket $500m from windfarm sale

Brian Robins

AGL expects to pocket $500 million from the sale of its share of the Macarthur windfarm, 300 kilometres west of Melbourne, by the end of the year, as it called for bipartisan support for renewable energy policies.

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Can the CBA continue to grow?

The CBA has announced record profits and is embarking on an enormous capital raising exercise, but is its growth slowing?

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Ian Narev says house prices have further to run

Head of the CBA, Ian Narev, announces the full year results for the CBA on August 12.
James Eyers and Clancy Yeates

The forces of supply and demand that are propelling house prices in Sydney and Melbourne are likely to persist for "quite some period of time." 

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World Business

Berkshire risks S&P; rating cut

Warren Buffett's company, Berkshire Hathaway, was put on CreditWatch Negative because of "uncertainty around the funding of the acquisition and how it may affect current cash resources".
Noah Buhayar and Sonali Basak

Buffett's company put on CreditWatch Negative because of "uncertainty around the funding of the acquisition".

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Property Focus

Land prices quadruple near RMIT

54-56 La Trobe Street is on the market and expected to be sold for more than $11 million.
Nicole Lindsay

The price of land in the CBD's northern precinct near RMIT has quadrupled since the market's last peak in 2007.

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Small Business

Who's taking on Nestle?

Perth still has the highest-priced coffee, according to the Coffee Economist's cappuccino price index.
Louis White

This business is suing the global food giant for nearly $2.8 billion. And it's all about coffee.

Business Video

Top loader crushed into a cube

Choice crushes a Samsung top-loader, calling on the company to work harder on the recall of the machines after 207 fires or incidents.

Duration
02:03