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The banks are trading at a price-to-earnings ratio that is 10 per cent below average, but although cheap these are ...

Banks cheap, 'buy' status questionable

Vanessa Desloires

The swath of issues leading investors to spurn banking stocks has left them trading at a substantial discount, which is why analysts are keeping their hands off the sell button for the big four.

Blackmores has managed to win just 0.1 per cent of the $173 million infant formula market.

Infant formula hurdles for Blackmores

Jared Lynch and Mark Hawthorne

Investors have dumped shares in Blackmores amid a Chinese crackdown on foreign foods, just as the market darling faces one of its biggest tests.

CBD

Costello makes triple a play on Nine

Colin Kruger, CBD

With its stock continuing to drag along at all-time lows on Friday, Nine's man of action, chairman Peter Costello, waded in with an order that more than tripled his holding of Nine shares.

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In Depth

Balancing dividends and growth

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VIDEO Suncorp and Sydney Airport are among the favourites for Paul Kelly, Fidelity's chief Australian stock picker.

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Former FPA boss joins fintech group

Former FPA chief Mark Rantall has emerged as the new non-executive chairman of fintech group Intiger Asset Management.
Ruth Liew

Mark Rantall, the former boss of the Financial Planning Association of Australia, has emerged as the new non-executive chairman of fintech group Intiger Asset Management.

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SpaceX rocket makes breakthrough ocean landing

The Falcon 9 SpaceX rocket shortly before exploding.

​A SpaceX Falcon 9 rocket that blasted off from Florida on a cargo run for the International Space Station has achieved a dramatic spaceflight first.

Consumer Affairs

'We're living in a black hole'

Auburn's developer councillors, Salim Mehajer and Ronney Oueik, have been suspended.
Esther Han

Hundreds of residents left homeless after a storm ripped off the roof of their Lidcombe apartment block have suffered another blow, with their insurer rejecting their multi-million dollar claim.

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Rio Tinto leads mining stocks in new era

Fidelity's head of Australian equities, Paul Kelly, says the new competitive edge for mining stocks is no longer about how quickly they can ship.

Duration
01:12