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ASIC deputy chairman Peter Kell laid out the problems with the life insurance industry.

Insurers need to focus on fairness ASIC tells MPs

If there is any doubt the life insurance industry continues to have serious problems, take a look at what ASIC deputy chairman Peter Kell told politicians on Friday: "This is a sector that needs to focus on the concept of fairness," he said

Former ACCC chief Graeme Samuel.

High-powered trio to investigate CBA

The review comes in the wake of numerous scandals including allegations of money laundering, unfair denial of life insurance claims and financial planning rip-offs.

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AUD/USD heading towards 82c?

Depending on this week’s economic forecasts in Australia, China and the US, the AUD reaching 82c is within the realm of possibility. (This video was produced in commercial partnership between Fairfax Media and IG Markets.)

Telfer Gold Mine in the Pilbara.

Gold miners fuming over WA gold royalty hit

Australia's biggest gold miner Newcrest Mining has blasted the Western Australian government over its higher tax regime unveiled this week, saying the government had broken two commitments and that higher gold royalties would hurt the state and cost jobs.

Amcor has told the ASX it was continually on the lookout for new strategic options.

Amcor may be plotting major US takeover

Australian packaging giant Amcor could be plotting a multibillion-dollar takeover bid of a large competitor, in a move to dramatically step up its expansion plans in the US.

The Australian dollar hit two-year high on Friday.

Australian dollar soars to two-year high

The Australian dollar hit two-year highs against its US counterpart this week, a handy boost to Aussies looking to buy overseas goods or holiday abroad this summer.

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