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In this update: The boss of the National Australia Bank says more than 1100 staff members failed to meet the bank's code of conduct in the 2016 Financial year; The Australian share market has lost most of yesterday's gains; Australia's services industry contracted last month the performance of the Services Index fell more than 5 points to 49 points in February
Topics: business-economics-and-finance
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Global miner BHP Billiton calls for "short-to-medium term" incentives to build new baseload power generation in South Australia.
Topics: electricity-energy-and-utilities, industry, business-economics-and-finance, mining-industry, coal, australia, sa
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In this update: the latest in finance. The boss of the National Australia Bank says more than 1100 staff failed to meet the bank's code of conduct. The Organisation for Economic Co-operation and Development has warned of a rout in Australian house prices.
Topics: business-economics-and-finance
Posted
Amber Harrison's planned counter claim against Seven West Media could contain "scurrilous and scandalous material", the NSW Supreme Court is told.
Topics: media, industry, business-economics-and-finance, courts-and-trials, law-crime-and-justice, nsw
Posted
| UpdatedNAB chief executive Andrew Thorburn faces tough questions over the bank's financial planning arm and its practices.
Topics: banking, business-economics-and-finance, company-news, government-and-politics, australia
Posted
In this update: the latest in finance. The boss of the National Australia Bank says more than 1100 staff failed to meet the bank's code of conduct. The Organisation for Economic Co-operation and Development has warned of a rout in Australian house prices.
Topics: business-economics-and-finance
Posted
Set up in 2014 by community organisation Launch Housing, HomeGround is a real estate agency that aims to create more affordable housing by tapping into the large private rental market.
Topics: business-economics-and-finance, company-news, consumer-finance, economic-trends, housing-industry, money-and-monetary-policy, lifestyle-and-leisure, human-interest, australia
Posted
| UpdatedFrom the penalty rates debate to 18C and Pauline Hanson, the Government has found itself struggling to take the political lead this week, says Insiders Host Barrie Cassidy.
Topics: government-and-politics, business-economics-and-finance, race-relations, australia
Posted
In this update: the latest in finance. Shares in Snap, the owner of Snapchat have begun trading.
Topics: business-economics-and-finance
Posted
Mergers and acquisition in Australian mining industry are up by volume, down on value as coal prices rise and sellers look for better price.
Topics: mining-rural, business-economics-and-finance, coal, mining-industry, perth-6000
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| UpdatedThe company behind Snapchat is valued at $44 billion after shares soar on its first day of trading on Wall Street, defying doubts about the company's early-stage business model and slowing user growth.
Topics: business-economics-and-finance, information-and-communication, science-and-technology, computers-and-technology, united-states
Posted
| UpdatedProfit-taking dominates the overnight trading session in the United States, after yesterday's strong gains which saw the Dow Jones Industrial Average surge past the 21,000 point mark for the first time.
Topics: business-economics-and-finance, company-news, markets, money-and-monetary-policy, currency, stockmarket, futures, australia, united-states
Posted
In this update: The Organisation for Economic Cooperation and Development has warned a housing bubble in Australia would pose a major threat to the economy.; The big four banks have agreed to work alongside the federal government to tackle serious financial crime as part of a new alliance.
Topics: business-economics-and-finance
Posted
In this update: The Organisation for Economic Co-operation and Development has warned of a "rout" in Australian house prices, leading to a new economic downturn.; and; The corporate regulator said it has been investigating up to 11 banks over their home lending practices, amid concerns loans are being given to people that cannot afford to repay them.
Topics: business-economics-and-finance
Posted
| UpdatedDoubling the grant offered to people buying their first home in regional Victoria will help push house prices down, Premier Daniel Andrews says.
Topics: states-and-territories, government-and-politics, community-and-society, business-economics-and-finance, industry, housing, housing-industry, vic
Posted
Beverley O'Connor speaks to Ohio State University economist, Jay Zagorsky, about the recently surging Dow Jones.
Topics: markets, stockmarket, business-economics-and-finance, united-states
Posted
| UpdatedThe corporate regulator ASIC is investigating 11 banks over their home lending practices, amid concerns loans were being given to people that can't afford to repay them.
The commission is bringing the first case against Westpac, for allegedly failing to assess if borrowers could properly repay their mortgages.
Topics: business-economics-and-finance, australia
Posted
| UpdatedDespite optimism shared by the Reserve Bank that the worst of the mining investment bust is over, economic forecaster BIS Oxford says the transition to a non-mining driven economy will be painfully slow. BIS Oxford's Chief Economist Frank Gelber speaks to Elysse.
Topics: business-economics-and-finance, australia
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| UpdatedThe ASX 200 rose 1.25%, led by banks and miners. Chris Weston from IG Markets speaks to Elysse.
Topics: business-economics-and-finance, australia
Posted
| UpdatedFor renters, housing is becoming increasingly unaffordable. Often, locking people with low incomes out of housing altogether. Now one Melbourne community group has set up a real estate agency with a difference.
Topics: business-economics-and-finance, australia
Posted
The Commonwealth Bank agrees to repay employer superannuation to part-time workers that was not applied to extra hours or overtime over the past eight years.
Topics: superannuation, business-economics-and-finance, banking, australia
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In this update: The corporate regulator has told the Senate Economics Committee it's investigating up to 11 banks over their home lending practices; new date has revealed Australia's pay gap has closed slightly, because of last year's soft patch in the economy; and the local share market has followed Wall Street higher today.
Topics: business-economics-and-finance
Posted
In this update: the corporate regulator says its investigating up to 11 banks over concerns they lent to people who couldn't afford to repay their mortgages.
Topics: business-economics-and-finance
Posted
In this update: the latest in finance. The corporate regulator has told the Senate Economics Committee it's investigating up to 11 banks over their home lending practices. New data has revealed Australia's pay gap has closed slightly.
Topics: business-economics-and-finance
Posted
ASIC executives are quizzed over its decision to investigate Cash Converters' lending practices to online customers but not those who sought loans in store, during a Senate estimates committee hearing today.
Topics: corporate-governance, business-economics-and-finance, australia