Tech bears 'flat out wrong': T Rowe Price
![Scott Berg says Google is the furthest ahead on AI.](http://web.archive.org./web/20171025185324im_/http://www.afr.com/content/dam/images/g/w/x/m/9/k/image.related.afrIndexLead.460x260.gz80oo.gshfrb.png/1508933114407.jpg)
T Rowe Price's Australian fund manager Scott Berg says the market isn't paying any more than they should for superstar tech companies.
T Rowe Price's Australian fund manager Scott Berg says the market isn't paying any more than they should for superstar tech companies.
Inflation-triggered RBA rate hikes are off the agenda as weak wages, falling import prices and retail competition overwhelm a spike in energy prices.
The federal government's attack on Labor leader Bill Shorten has backfired and Employment Minister Michaelia Cash faces calls for her resignation.
The feud between Solomon Lew and Myer is moving so fast it is hard to predict where it will end.
Chris Mackay reports to his board at every meeting on the Amazon effect, even though the $1 billion global equities fund does not own the stock.
The full-on retreat in the Australian, Canadian and New Zealand dollars is mostly self-inflicted.
Rio Tinto is prepared to double up on long-dated plans to whittle down its exposure to the aluminium processing cycle in Australia.
ANZ Bank's top executives in Asia want Australian companies to know that the bank is alive and kicking in the region.
As Coles posted its weakest sales growth in nine years, Wesfarmers boss Rob Scott said he wouldn't be distracted by short-term performance.
The Economist is giving away 'ugly' smoothies as part of its latest marketing campaign to build local subscribers.
Dam standards across the Australian mining industry could be set for a revamp.
It was smooth sailing at CBA but not at Fletcher Building for Ralph Norris, where asset sales are now likely.
Some good news for the government and it's botched energy policy - without the 8pc increase in electricity prices, there would be no inflation at all.
The Australian sharemarket trod water for another day, with miners leading the gains while Wesfarmers sank after updating investors.
The ASX's many months of treading water has concealed opportunities in specific stocks and sectors.
Inflation has fallen short of expectations, with price pressures easing in the second quarter.
"It's entirely feasible you're seeing a positive inflection point in wages," Goldman Sachs' Andrew Boak.
Lifting productivity will take a lot more than a detailed set of instructions from the Productivity Commission
The focus on who tipped off the media was a distraction from the more substantive issues of government intolerance of alternative views and of political vindictiveness which don't go away with the resignation of a staffer.
We might not have a price war in Australia's ultra-competitive grocery sector, but some days the grind of eking out growth in this business must feel like a battle to Coles boss John Durkan.
While China's debt is believed to be $US400 billion, if you add on Hong Kong's external, that's $US1.9 trillion, mostly in short-term, interbank borrowing.
A staffer to Michaelia Cash has admitted he tipped off media over raids on the AWU, despite the minister's denials to Senate estimates.
The Registered Organisations Commission had stayed under the radar until this week but its credibility is now up in the air.
An ATO probe sparked by the Panama Papers has netted $50 million but hundreds more Australians are still being investigated.
The PC's new report has clearly had enough of polite tinkering with long-festering issues.
Queensland Police have raided ABC studios in Brisbane over the alleged leak of Cabinet documents.
A car crash for Britain will teach everyone else the value of living inside a world of rules.
The cost of winning Winston Peters' support to govern is becoming clear: lots of money on pet projects that haven't been thought through.
Xi Jinping has chosen not to anoint a potential successor, signalling he intends to stay on beyond 2022.
PM will reaffirm Australia's commitment to a negotiated peace deal for two-state solution during a visit to Israel.
Private equity group Cerberus approached Alitalia about a bid that would allow it to remain independent.
The government's plan to allow retirees over the age of 65 to downsize their homes and inject extra money into super could become reality by July next year.
Profits at Owen Kerr's foreign exchange broker Pepperstone have surged in the 2017 financial year, as the company enjoyed a large increase in clients from Asia.
Parents and family are emerging as one of the nation's biggest lenders behind the resurgence of first-time home buyers in the nation's most expensive housing markets, analysis reveals.
Freelancer has engaged in "stack ranking" of its employees and fired employees who were underperforming, a court has heard.
Former Swisse Vitamins chief executive Radek Sali is launching a new media and creative agency.
The Productivity Commission's education outlook may have been worse were it not for Asian migrants.
Music producers everywhere who create tracks to "sound like" popular songs are on rocky ground, warn lawyers.
Jobs growth happens organically in industries that don't need subsidy, not those that do.
The 17,000sqm invitation-only enclosure at the Melbourne Cup Carnival is a mirror reflecting the magnificence – or not – of some of the most lustrous brands in the land.
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