Business

Comment & Analysis

CBA's breathtaking tactics bring on class action

Last Thursday, AUSTRAC launched civil proceedings against CBA for allegedly failing to report 53,700 suspicious ...

It is being pitched as the biggest shareholder class action in the country. Commonwealth Bank on one side, and Maurice Blackburn bankrolled by IMF on the other side. Why did CBA's board wait to inform shareholders about the Austrac investigation until the genie was out of the bottle?

It's payday for Fortescue shareholders

Billionaire Andrew Forrest could be counting on a yearly pay cheque of more than half a billion US dollars from 2018 if ...

Fortescue's generosity to shareholders marks the final stage in its evolution from a highly speculative upstart to a mature company with reliable positive cash flow.

Here's the truth of the matter about unemployment

What's the real extent of joblessness? It's a tricky question considering Australia's army of part-time workers with ...

So, the Australian Bureau of Statistics told us this week, the rate of unemployment fell a click to 5.6 per cent in July. Trouble is, most people know the official unemployment rate understates the extent of the problem.

Aveo may be taking a big punt too early

Aveo Group chief executive  Geoff Grady told investors he would simplify its newer Aveo Way and Freedom contracts.

With regulators and various state and federal governments breathing down the collective neck of the retirement village industry, it was little surprise that Aveo was in damage control when it released another record profit.

Wage growth will strengthen, and soon

We know the importance of "confidence" in driving the business cycle, but it doesn't just apply to businesses and ...

There's been a sound economic justification – the need to restore our industries' international price competitiveness - for our weak wage growth over the past three or four years.

From Goop to BuzzFeed: The Future Fund's riskiest bets

Gwyneth Paltrow is the avatar for the new luxury wellness movement.

When former treasurer Peter Costello decided to set up the Future Fund in 2004, he probably didn't envisage it investing in a wellness business run by a Hollywood celebrity, or a viral content site originally known for cat videos.

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