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Jessica Watson never thought she was rolling the dice with her life.

Conquering world not scariest challenge

Jessica Watson – the girl who at 16 sailed solo around the world – doesn't view her extraordinary voyage as the biggest risk she has taken.

The major banks have enjoyed big falls in funding costs until recently, but have still raised interest rates.

Aussie banks top the global profit pile

Shaun Drummond

Australia's major banks have cemented their place as the most profitable in the world after raising interest rates despite ongoing declines in their cost of funding.

Rio Tinto chief executive-elect Jean-Sébastien Jacques has a focus on cost cutting.

Rio Tinto appoints new CEO

Amanda Saunders

Rio Tinto head of copper and coal Jean-Sébastien Jacques has been named the next chief executive of Rio Tinto, and will take the reins from incumbent Sam Walsh this July.

Currencies

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The US historical parallel is unlikely to surprise China's history-obsessed leaders.

China starting to looking like 19th Century US

Enda Curran

China's shift from super-charged economic growth to a more moderate pace has drawn plenty of comparisons, most often with Japan. But there's another, less obvious historical model: late-19th century America.

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Workplace

Markets

Dow higher, close to erasing 2016 losses

The Dow Jones Industrial Average was close to erasing its 2016 losses as Caterpillar rallied with commodity producers.
Camila Russo and Dani Burger

US stocks extended an advance to the highest levels this year, on gains in commodity producers and industrial shares.

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The Economy

Retail

Banking & Finance

Printer error foiled billion-dollar bank heist

Maia Deguito takes her oath prior to the start of the Philippine Senate Blue Ribbon Committee probe into how about $81 ...
Cecilia Yap and Andreo Calonzo

A Philippine bank manager who approved funds transfers at the centre of an attempted $US1 billion ($AU1.3 billion) international cyber heist was only following orders from high-level officials, her lawyer says.

Mining & Resources

The curse of the mining CEO

New Rio Tinto chief executive officer Jean Sebastian Jacques.
David Fickling

Is Rio Tinto's big move a sign that a major commodity is about to tank?

World Business

BOJ's Kuroda holds fire on stimulus

"You can see from the statement the agony for the BOJ in the gap between their hopes and the realities in the economy ...
Toru Fujioka and Masahiro Hidaka

The Bank of Japan refrained from bolstering its record monetary stimulus as policy makers gauge the impact of the negative interest-rate strategy they adopted in January.

China

China starting to looking like 19th Century US

The US historical parallel is unlikely to surprise China's history-obsessed leaders.
Enda Curran

China's shift from super-charged economic growth to a more moderate pace has drawn plenty of comparisons, most often with Japan. But there's another, less obvious historical model: late-19th century America.

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Property Focus

Chatswood riding high on new leases

Carolyn Cummins

Residential developments from office conversion, infrastructure upgrades and the new metro rail project are creating a perfect storm of demand for commercial space in Sydney's northern suburbs.

Executive Style

Money

Can Gen Y ever get ahead?

Gen Y uni student Kendall Sutton is looking at graduating in his early 30s with an $80,000 student debt.
Sylvia Pennington

Kendall Sutton is a typical member of Gen Y. He'll start his career late, with a huge student debt and won't be able to buy his own home or start a family until his 30s.

Don't buy what your planner is selling

There are decent stockbrokers, insurance brokers and financial planners out there, but the rest – the bulk of them – are ...
Scott Phillips

There's something rotten in financial services, and it's deeper, wider and more rotten than a single bank and its insurance business.

Small Business

Business Video

Myer's $600 million turnaround plan showing promise

The makeover strategy for the department store chain appears to be working with Myer upgrading its full year profit forecast after strong first half sales.

Duration
01:00