Business wants policy set by regulators
![It's a mark of how much business expectations have deteriorated that policy devised by regulators is regarded as far ...](http://web.archive.org./web/20171018111428im_/http://www.afr.com/content/dam/images/g/z/3/k/i/5/image.related.afrIndexLead.460x260.gz3fw7.gshfrb.png/1508324600405.jpg)
It's a mark of how much business expectations have deteriorated that policy devised by regulators is regarded as far less risky than politicians.
It's a mark of how much business expectations have deteriorated that policy devised by regulators is regarded as far less risky than politicians.
Labor is open to a deal on energy policy, but has demanded more detail from the government on the new scheme and might increase emission reduction targets should it win the next election.
Given the chance to offer an alternative narrative to the short-sighted populism sweeping the globe, China's President countered with a lesson in Communist Party power politics.
Markets are still vulnerable to bad news, but when it comes to bad news it has to be really bad these days to have much of an impact.
Australia's biggest domestic economic risk is a "skewed consumer cycle" and the government may need to step in with a policy on wages, says CBA's chief economist.
The share market finished marginally higher on Wednesday but managed to extend a nine-session rally as the index approaches six-month highs.
Is it our intention that our children be completely locked out of every suburb within 30 kilometres of the city of Sydney?
The fun will begin in July next year as the ACCC prepares to scrutinise the market power of the big banks, says chairman Rod Sims.
Brambles has dodged a bullet at its AGM, with its remuneration report for 2017-18 narrowly avoiding a "strike".
Australia's banks came through the financial crisis in good shape. But they still have to contend with post-crisis regulatory changes designed to make all banks safer.
Analysts have had a muted reaction to IOOF's deal to buy ANZ Wealth, but investors pushed the shares up.
Former Rio Tinto executives Tom Albanese and Guy Elliott vowed to fight SEC fraud charges Wednesday, saying there was "no truth" in any of the claims.
A hot run on the ASX has added over $100b to the sharemarket over nine sessions and shattered a five-month trading range. Is the global bull at the door?
Central bankers are oblivious to the likely effect on markets of their move to wind back monetary stimulus, says Citi strategist Matt King.
Rising stock markets have been kind to Goldman Sachs. The investment bank's quarterly profit rose 2 per cent to $US2.1 billion.
Morgan Stanley's third-quarter profit rose 12 per cent, reflecting the strength of its wealth management business.
Iron ore may get a reprieve for the remainder of this year before tougher times, and a $US40 handle, return in 2018.
Bankers have been talking about a rise in US-style shareholder activism for years but it has taken longer than expected to hit Australia's shores.
Every big miner made dumb deals in the heat of the boom. But so far at least, only Rio has seen those dumb deals become full-blown legal disasters.
Whatever the virtues of the new energy plan, the dilemma for a PM down on credibility is that voters just won't get it.
New BHP Billiton chairman Ken MacKenzie is expected to make it clear CEO succession is not a priority.
The Palazczuk government said it was committed to its ambitious 50 per cent renewables target despite claims it could push up prices under the Turnbull government's new energy plan.
Labor and the Greens are claiming victory over a plan to toughen proposed citizenship laws by introducing tough English-language requirements.
Labor is considering increasing powers to reduce the gender pay gap in the wake of Today presenter Lisa Wilkinson's resignation.
Independent MP Andrew Wilkie tells Parliament that Crown rigged poker machines and breached financial transaction disclosure laws.
Coal and gas will remain a bigger part of the nation's energy mix under the new energy guarantee.
The Chinese President has vowed to maintain the state's role in managing the economy, as he pledged the country would not close its doors to the world.
South Korea's house prices have stabilised a month after its new government implemented its third set of housing policies in two years.
Senior White House aide Peter Navarro blames the lost of manufacturing jobs in the US for a wide range of social ills.
Marc Faber has resigned as a board member of a Canadian fund manager following a swift blacklash after he wrote "thank God white people populated America".
In no area are global spillovers more significant and co-operation more vital than climate. The failure to act ensures that the poor would indeed suffer.
Better infrastructure and industrial relocation are driving a self-sustaining regional growth story, with great potential for investors.
Even with a slight improvement, Sydney remains the least affordable city in the country.
Big banks are set to announce tougher measures to crack down on high rise apartment purchases including blacklisting more than 100 suburbs.
New ASIC chairman James Shipton has been described by his Harvard boss as a "very balanced" professional with deep international contacts.
Outgoing ASIC chairman Greg Medcraft never won any serious friends in government but his six and a half year legacy is enviable.
KPMG's property consulting arm has been accused of giving misleading advice over the condition of lifts in a commercial building.
One of the year's biggest investments in an Australian biotech is for one of medicine's great unsolved problems.
There's concern within accounting firm BDO that their leadership will try to push through a vote on a merger plan early.
Getting world-famous architect Frank Gehry to design a desk wasn't a problem. Transporting it to the 12th floor was.
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