Business

Morrison flags property investor crackdown, Medcraft warns on housing 'bubble'

Australia's Treasurer and chief corporate regulator both flag a further crackdown on property investor loans, as the regulator implies house prices are at risk of a massive fall.

• Government has no plan for super-funded house deposits: Morrison

A cyber attack could cause the next global financial crisis

Cyber attacks pose a growing threat to the global financial system, with many services now delivered over the internet, and more needs to be done to cope with the new risks, financial regulators say.

Industry Super releases the hounds on 'foxy' banks in new ad

The lobby group for industry super funds has declared war against the big four banks with a new ad that compares them to foxes raiding a hen house.

Regional Express grounds further five planes

Airline REX says six of its planes will remain grounded, pending the outcome of an investigation into a plane that lost a propeller.

Miner lodges complaint to CCC over alleged Glencore illegal mining activity

Queensland is losing more than 500 regional jobs and about $15 million a month in royalties because the State Government is favouring a multinational company over an independent, state-owned company, a mine owner says.

Philip Tracy out as Murray Goulburn announces John Spark as new chair

John Spark has been announced as Philip Tracy's replacement at Australia's largest dairy processor.

Manufacturers 'will quit Australia' if energy cannot be guaranteed

As concern grows about the cost of power and the stability of the electricity grid, the head of the Food and Grocery Council says manufacturers will quit Australia if affordable, reliable energy cannot be guaranteed.

The week in finance: Markets becalmed but will higher Chinese interest rates change things?

Having been driven along by a storm of political change since late last year, markets are now somewhat becalmed.