Why the worlds biggest advertisers are turning off YouTube
What started last week as a trickle in Australia looks like turning into a mini avalanche.
Elizabeth Knight comments on companies, markets and the economy.
What started last week as a trickle in Australia looks like turning into a mini avalanche.
The executive responsible for managing $34 billion of investments in Westpac's wealth management business, Martyn Wild, left the company abruptly on Friday following a series of allegations about inappropriate behaviour towards two female staff.
Call it the Amber effect. In the months since the former Seven staffer went public, the floodgates have opened.
Westpac has become the latest company subject to sexual misconduct allegations following a number of complaints by two female staff.
It was a gutsy call by NAB to raise mortgage interest rates on owner occupier loans. But make no mistake this move has opened the floodgates.
The much-trumpeted revival of the Myer Department store chain has experienced a hitch.
So why are these supermarkets so keen on giving us something for nothing? They aren't.
The West Australian Liberals were damaged by their trouncing at the weekend election, at least Tabcorp are better at knowing the odds.
Policymakers should stop sticking their heads in the sand and ignore the fact that "there are going to be a massive amount of jobs destroyed" from the digital revolution, says Mike Cannon-Brookes, co-founder of Australia's most successful tech company, Atlassian.
The competition regulator's apparently qualified approval of the merger of Australian gambling giants Tabcorp and Tatts shows just how much this industry has been disrupted by new competitors.
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