Dream over? Housing affordability set to be issue for 40 years

• 1 hr ago

Housing affordability is likely to be an issue for at least 40 years, with the demand for new homes needing bold policy, a major new report says.

Houston, you have a problem, and it's of your own making

• COMMENT

As the oil and gas capital of the world, Houston should have known storms like Harvey were coming.

Could a former CBA exec be about to head ASIC?

As every possible regulatory body gangs up on Commonwealth Bank – offering the public all the fun you would expect from a Royal Commission – are we really going to see a former employee of the bank head up one of these regulators?

The Guardian sets up a nonprofit to support its journalism

The company is embracing a new strategy in the face of industry-wide revenue problems: philanthropy.

This CBA inquiry is 'preferable'? For who exactly?

• COMMENT

APRA’s decision to join other regulators in the Commonwealth Bank “culture attack” is well overdue and may be too late.

CBS dramatic takeover of Network Ten far from complete

CBS's dramatic and surprising takeover of Network Ten has more episodes to come, with the American giant needing to convince creditors, courts and a federal regulator that its bid is the best option for the company.

'Heads may roll' at CBA from APRA probe

The Commonwealth Bank is tipped to face further upheaval in its senior management ranks as a result of the banking regulator's move to put the bank's organisational structure under the microscope.

Call to change GST to boost affordable rentals

Global developer and infrastructure group Lendlease says it will focus on the build to rent sector.

Can Uber help Coles fix its Amazon problem?

Faced with the arrival of one American giant, Coles is looking for help from another.

Treasury settles class action for $49m

Australia's biggest wine company Treasury Wine Estates has agreed to settle a class action commenced three years ago, for a settlement amount of $49 million.

WeChat, Weibo in focus for Aussie wine's $50m push

The Australian wine industry will target popular Chinese social media platforms such as WeChat and Weibo as part of a $50 million marketing push plan to lift wine exports and wine tourism.

On-the-go breakfast products 'more expensive and sugary'

On-the-go breakfast products contain more sugar and are up to 18 times more expensive than two cereal wheat biscuits and milk.

'Don't put our eggs in one basket' says trade minister

Beijing: A Chinese government crackdown on offshore property deals will be widely felt in countries including Australia, says Trade Minister Stephen Ciobo.

Commonwealth Bank facing APRA probe

• UPDATED

An unprecedented inquiry will examine whether the Commonwealth Bank undermined its own reputation in pursuit of profit, after a damaging run of scandals at the country's biggest bank.

Ten sale sparks new media reform debate

Prime Minister Malcolm Turnbull says newspaper companies and regional broadcasters were screaming out for reforms.

This is the best reporting season in years

Don't believe what you read: in two important ways this has been the best reporting season in years.

ASX winners and losers - a snapshot

Shares in Qantas drop over five per cent as the company reveals a major executive overhaul.

Markets Live: Banks drag ASX down

The ASX ends on a weak note as the big banks weigh on the market in the final days of earnings season, while Qantas shares lose some of their altitude on a broker downgrade.

Murdochs' spectacular own-goal on Ten Network

• COMMENT

In terms of corporate strategic cock-ups the Murdochs must be in the running for this year's first prize for their failed attempt to snare ownership of Ten Network.

ASX heads south as banks weigh

More bad news for CBA shareholders and a broker downgrade to Qantas weighed on shares in the final days of earnings season.

APRA's probe 'quite serious' for CBA

The fallout from the Commonwealth Bank of Australia's money-laundering scandal has widened, with the banking regulator launching an inquiry into the lender’s culture and governance.

Qantas in executive overhaul as shares lose altitude

Qantas has revealed a major shake-up of its executive team, with almost every one of the airline's top bosses changing jobs.

"The worst of them:" ACCC takes Viagogo to court

Drip pricing tactics that have increased the price of entertainment and live sport tickets by up to 31 per cent have landed ticket reseller Viagogo before the Federal Court.

Promo: 'Betting on the House'

Four Corners investigates the forces driving our debt fuelled housing boom and the risks it poses for the nation.

Dara Khosrowshahi is Uber's new CEO

Techonomy CEO David Kirkpatrick, says Khosrowshahi a good choice for Uber.

US broadcaster CBS to buy Ten Network

• UPDATED

US broadcasting titan CBS will buy Network Ten, it has been announced.

Adani announces start date, when coal will come at Carmichael mine

Company chairman Gautam Adani issued a statement confirming the start of works for the $16.5 billion project in Queensland's Galilee basin.

A heavy week for data in Australia

With the AUD/USD looking ominously poised for another move into 80c, we look at the variables traders will be looking at this week both domestically and offshore. This video was produced in commercial partnership between Fairfax Media and IG Markets.

CBS to buy Ten Network

Ten Network's receivers, managers and voluntary administrators have confirmed that CBS has entered into a binding agreement to buy the broadcasters business and assets.