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Why CBA 'dropped' Merrill Lynch

David Craig - former CFO of Commonwealth Bank at his home in Castle Cove. He's has been talking about how the new bank ...

Tony Boyd

The low point of David Craig's 11 years at CBA was when he had to sack Merrill Lynch for misleading investors during a capital raising. "I was horrified," he recalls.

When governor Philip Lowe's head hits the pillow at night, he knows in his heart of hearts that rates are too low.

Why the RBA won't raise rates soon

If the world's top central bankers are planning to dazzle financial markets with a carefully choreographed display of monetary policy tightening, they shouldn't count on RBA boss Philip Lowe.

The exemption carved out by Prime Minister Malcolm Turnbull will be a relief for BlueScope Steel.

PM wins tariff exemption from Trump

Phillip Coorey

Australian steel and aluminium are set to be exempted from US tariffs after Malcolm Turnbull and Mathias Cormann lobbied the US at the G20.

Lyon Group is expanding its Riverland battery project, partner David Green says.

Lyon vows bigger battery plan than Tesla

Tesla founder Elon Musk's plan for a giant battery for South Australia is billed as the world's biggest, but it may not even be the biggest in the state.

The hedge fund that's keeping it simple

This Sydney hedge fund manager started his career in the mailroom, also manages a fish and chip shop, and aims for steady returns. The fund has returned 13.8 per cent annualised.