Investor loans slump in April as lending tightens
![Loans to investors has fallen 5 per cent from last month.](/web/20160608032326im_/http://www.smh.com.au/content/dam/images/g/p/8/c/a/u/image.related.thumbnail.192x128.gpe9ly.12uo4t.png/1465355031024.jpg)
Loans to property investors fell five per cent in April, breaking a six-month upward trend, suggesting recent efforts by regulators to curb loans is working.
Jerome Kerviel never denied making billions of euros of unauthorised trades at Société Générale, but he's now won $685,000 in compensation for unfair dismissal.
A service freely available at libraries is soon to cost you at least $100.
Burberry's embattled chief Christopher Bailey took a 75 per cent pay cut last year as the UK's largest luxury-goods maker struggled for growth.
The Playboy Mansion is under contract for more than $US100 million. The buyer: a 32-year-old son of a billionaire who owns the property next door.
It's not Facebook, and the rules are different on LinkedIn.
A leading businesswoman predicts quotas for company boards are looming.
Stagnant earnings growth would get worse under a minority government, analysts say
Analysts are calling a "renaissance" in commodities after oil climbed to a 10-month high overnight and as iron ore prices jumped further above the US$50-a-tonne threshold.
Billionaire investor Ron Baron predicted that Tesla Motors will become one of the biggest companies in the world over the next decade or two
This is one of the oddest endorsements you'll see this election campaign.
The RBA's jawbone has just been re-applied to those who want to speculate on housing. You've been warned.
Woolworth's bid to stitch up a clean sale of its profitable Home Timber & Hardware operation could be scuppered by a group of the franchise network's most powerful merchants.
Justin Cameron, the former chief executive of online surf wear retailer SurfStitch is keen to return to the company he co-founded eight years ago but has been rebuffed by the board.
An ASIC consultation paper released on Wednesday follows a 'regulatory sandbox' proposal by Treasurer Scott Morrison in the May budget.
Jerome Kerviel never denied making billions of euros of unauthorised trades at Société Générale, but he's now won $685,000 in compensation for unfair dismissal.
Oil Search CEO Peter Botten says he is "confident" of shareholder support for his $US2.2 billion-plus takeover deal for InterOil.
Clough's new chief executive has told gas producers that putting the screws on contractors is not the answer to cost hurdles for new projects.
Burberry's embattled chief Christopher Bailey took a 75 per cent pay cut last year as the UK's largest luxury-goods maker struggled for growth.
The Playboy Mansion is under contract for more than $100 million. The buyer: a 32-year-old son of a billionaire who already owns the property next door.
Australia is set to suffer through an egg shortage for the next two months, as producers scramble to meet new free-range laws.
A service freely available at libraries is soon to cost you at least $100.
Woods Bagot had been in its Southbank office for 10 years. While the view of the Yarra from the building's domed ceiling was impressive, the office required updating.
Lovers of Moët & Chandon champagne will soon be able to have their own AbFab​ moment, with plans advanced to have a vending machine full of bubbles in Australia.
The Organisation for Economic Co-operation and Development sees a 'dramatic and destabilising' end to Australia's property boom.
Industrial property is seen as one offering substantial growth which has triggered the sale of seven sites in Illawarra, with an anticipated combined value of at least $50 million.
So-called 'Nespresso of beer' can pour your own brew in just seven days.
The premise of Money Monster is all too plausible and it says a lot about financial literacy.
Would you expect your accountant to outsource your tax return to a cheap outfit overseas?
After this week's storm trashed his seaside café, one man is on the long slow path to rebuild.
It's not just athletes who need to get into shape for the Rio Olympics.
Australia to be the testing ground of multinational retailer IKEA's expansion into online shopping, set to begin by Christmas.
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