Fundies swap tech stocks for banks

• 1 hr ago

Current equity valuations has fund managers wary, finds Bank of America Merrill Lynch's monthly survey.

New rules no 'excuse to hit customers', ScoMo tells banks

• 1 hr ago

Banks should not use new requirements to strengthen their loss-absorbing buffers as an excuse to hike their customers' loan rates, Treasurer Scott Morrison has warned.

How can the banks be 'unquestionably strong'?

• 1 hr ago

Clancy Yeates explains why APRA has announced the banks need to increase their capital.

BHP posts lifts in iron ore, thermal coal production

• 1 hr ago

BHP has hit its annual production target for iron ore in the year just ended, thanks to record production numbers at its West Australian iron ore operations.

Markets Live: Sigh of relief from bank investors

• Live
• 1 hr ago

Shares in the big banks rocket higher as investors bet they won't need to raise capital to meet APRA's new requirements.

The Sydney suburb where 99.9 per cent of people live in a flat

Sydney Olympic Park might have the highest density in all of Sydney but there are now 15 suburbs where 90 per cent or more of us live in an apartment.

Why the RBA minutes shouldn't have freaked out markets

• COMMENT

The markets were roiled by the RBA minutes, but they really shouldn't have been.

Netflix catapults Nasdaq to record

Wall Street ended mixed as Netflix's rally pushed Nasdaq to a record high while Goldman Sachs weighed on the Dow, with earnings taking investors' focus.

8@eight: Greenback hit with the ugly stick again

• Sponsored

The US dollar continues to come under attack while Wall Street ended flat, setting up the ASX for a negative start to the day.

Sydney set to be hit with a flurry of new hotels

Sydney is to get a swath of new hotel rooms to cater for the growth of inbound tourism and the rise in demand from business travellers who want facilities close to the airport and accessible to the city.

Goldman Sachs, BofA results miss

Bank of America and Goldman Sachs joined their rivals by disappointing investors.

UK inflation surprises with slowdown

British inflation unexpectedly slowed last month for the first time since October, dousing expectations for a rate hike.

'Shabbiest type' of conduct lands restaurant in trouble

Darling Harbour restaurant Baia The Italian has been ordered to pay $15,000 in compensation for the unfair dismissal of an employee who complained about being allegedly underpaid.

Street where shops pay $20,000 just to rent a metre

The lack of supply due to construction works and increasing numbers of new brands looking for a shop has underpinned the prime retail sector in Sydney and led to a growth of about 10 per cent in rents, quarter on quarter.

Who is going to inherit 7-Eleven after recluse's death?

• CBD

Not many people knew Beverley Barlow was one of the wealthiest women in Australia when she died on Saturday.

'Blood, sweat, tears' - now Good Guys stores sell

The Muir family, who hit the jackpot with the sale of The Good Guys to JB Hi-Fi last year for $870 million, have added another $92 million to their fortune selling bulky goods stores leased to the retailer.

Billionaire bickering over Ten laid bare in court

Legal action by Ten's administrators this week has unearthed two letters from its billionaire shareholders' advisers that resulted in the board calling in corporate undertakers to manage the television network and put it up for sale.

Elliott appeals to BHP retail shareholders for change

Activist investor Elliott Management is appealing to BHP's army of retail shareholders to back its push to overhaul the company.

Palmer launches appeal in defamation case against Turnbull and Cash

The case was brought against Prime Minister Malcolm Turnbull and Employment Minister Senator Michaelia Cash after alleged comments made at press conferences in China last year.

Melbourne couple receive $26,000 from ATO, but it's not theirs

Members of the public have received tax refunds to the tune of thousands of dollars without having lodged tax returns, raising suspicions of fraudulent activity being conducted in their names.

Rio narrows full-year iron ore guidance on weather, rail works

Average prices for Rio Tinto iron ore from the Pilbara in the first half of 2017 are up 26.5 per cent on average prices for full year 2016, according to a production update released by the mining giant on Tuesday.

'Almost exponential': CEFC eyes rapid renewables growth

Investments by the government's $10 billion clean energy fund are growing at an "almost exponential" rate but growth could shudder to a halt if the industry's post-2020 policy is not settled, according to the agency's new head.

Spotless denies 'mischief'

Takeover target Spotless Group has "reluctantly" recommended its shareholders accept a $1.2 billion offer from Downer EDI.

New Silk Road has 'astounding upside'

The ambitious New Silk Road project is one of the most exciting investment opportunities in the world, says head of Bennelong's infrastructure arm.

Markets Live: Bank fears fuel ASX selloff

• Live

Losses on the ASX accelerate, pulling the index below 5700 points, while the Aussie rallies to a fresh two-year high.

Australian dollar 'could go to US85¢'

The mood is becoming more upbeat, just as financial markets are losing faith in the prospects for more US interest rate rises.

East Melbourne office market gets lift with new A-grade tower

The renaissance of East Melbourne's office market may be just around the corner after boutique developer Time & Place submitted plans for a 11-level office tower on the corner of Victoria Parade and Lansdowne Street.

Bank anxiety pulls ASX below 5700

Investor sentiment soured on steep bank losses ahead of the release of new capital requirements.

Traditional fundamentals will dominate property trust reporting season

Takeovers of real estate investment trusts at the smaller end of the index are dominating the headlines in the lead-up to the full-year reporting season.