NAB to cut 6000 jobs, lifts full-year profit
NAB has lifted its full-year cash profit to $6.64b, while announcing a digital transformation that will see 6000 jobs go over the next three years.
Brave Thorburn looks to robotics with jobs cuts
After spending the last three years purging NAB of its underperforming UK operations and shaking up Wealth, CEO Andrew Thorburn is now looking ahead.
Investors cheer millionaire tipped to replace Yellen
Investors are cheering the likelihood that the dovish Fed governor Jerome Powell will soon take the top job from Janet Yellen.
What you don't know about Amazon threat
Retailers should not live in fear of the imminent arrival of the Amazon online selling machine. Here's why.
Markets: NAB dives in firm ASX
NAB shares are down more than 3 per cent in early trading although the ASX is managing to edge higher as miners gain ground.
Why fundies could soon be irrelevant
The investment management industry is facing an existential crisis and it must respond by becoming more creative in its advice to clients.
Thanks to dopey Stephen Parry, an audit is unavoidable
When you are finished boys, there is a country to run. But frankly a lot of voters would prefer it was not run by you.
Boral gets first quarter weather lift in Australia
The weather gods have been kind and cruel to building supplies giant, helping in Australia but hurting in the United States.
South Australia's Upper House blocks bank tax
Business groups have applauded the blocking of a proposed state-based bank tax in South Australia in the upper House of Parliament late on Wednesday night.
Westpac to ASIC: Prove it
Westpac's lawyers have challenged ASIC to prove that manipulating the bank bill swap rate was the sole and dominant purpose of its traders' behaviour.
Downer faces prickly AGM as activists protest Adani
Downer's AGM will be disrupted by protests against its involvement in Adani's Carmichael coal mine.
Big banks will have to act on credit reporting
The government will introduce laws to mandate "positive" credit reporting by the middle of next year, which will increase the availability of credit and help borrowers negotiate lower interest rates.
Tesla reports biggest ever quarterly loss
Tesla has delayed a target for its critical Model 3 sedan as production setbacks at its battery Gigafactory contributed to record cash burn by Elon Musk's electric-car maker.
New PE firm expands its horizons
Smaller is better for the dealmakers behind Australia's newest private equity firm, Colinton Capital Partners.
Fed leaves rates unchanged; 'solid' growth
As expected, rates were kept on hold but outlook is positive.
Ten years of nothing for local investors
Ten years after the benchmark S&P; ASX 200 index peaked at 6828.7 on November, 1, 2007, investors are still waiting for a fresh record high.
ASX rally rings in first day of November
Investors celebrated 10 years since the ASX peak with a solid day of trade that sent the All Ordinaries index past 6000 points for the first time since the GFC.
Opinion
Thanks to dopey Stephen Parry, an audit is unavoidable
When you are finished boys, there is a country to run. But frankly a lot of voters would prefer it was not run by you.
Bitcoin throws down the gauntlet to Wall St
Big banks now have to decide whether they're prepared to throw aside their scruples and get behind the seemingly inexorable rise of bitcoin.
New Myer a plan for survival not turnaround
The only real new thing in the new New Myer strategy are the watered down financial targets which reflect the most challenging retail conditions in decades.
Lessons for Australia from BlackRock's Fink
BlackRock CEO Larry Fink doesn't skate over the burning issues. What he really thinks about the big four banks and the biggest problem facing Australia.
Turnbull tells Palestinian Authority world wants peace
Prime Minister Malcolm Turnbull has told the Palestinian Authority the world is yearning for a peace deal to be reached with Israel.
Parry makes brexit from Senate
The loss of Liberal senator Stephen Parry has sparked a fresh round of infighting in the Coalition.
Dual citizen MPs should dob themselves in: PM
Malcolm Turnbull rejects calls for an audit of MPs' family trees as he expresses disappointment latest dual citizenship casualty kept quiet.
PM to tap into Israeli counter-terrorism experts
Israel, a world leader in counter terrorism, will assist Australia to eradicate weaknesses in protecting crowds in public places.
Business optimistic on pay growth
Record low wage growth could turn a corner in the next 12 months, with business optimism on pay the highest in years.
New Zealand’s housing boom has come to an end
House prices in New Zealand's largest city posted their first annual decline in six years in October, bringing an end to the nation's property boom.
HSBC accused of ‘possible criminal complicity’
HSBC is said to be the unnamed bank that is the focus of a senior British lawmaker's demand for a criminal probe into a relationship with South Africa's Gupta family.
Trump will crack down on US 'diversity' visas
After an Uzbek immigrant shouted 'Allahu Akbar', mowing down eight people with a pickup truck, the President calls for new visa restrictions.
Australia must push Trump on stronger Indo-Pacific
Australia needs to strengthen its ties to Japan and India to bolster the rule-based order and counter Chinese influence in the region.
Just how hard will Brexit hit the City of London?
You should doubt the Bank of England's 75,000 job loss number. Forecasts of shake-outs are recurrent, and recurrently wrong.
Personal Finance
Why India's online travel market is taking off
Yatra Online is one of India's leading online travel agents and is listed on the Nasdaq exchange.
Sydney house prices fall 0.7pc
Sydney house prices fell 0.7 per cent in October for the second month in a row but apartment prices are holding up better than houses.
Super with a difference
Tomorrow Super is set to join the ballooning universe of niche superannuation funds after a $1m capital raising slated for later this month.
Three reasons start-ups should avoid big business
It's the holy grail: star-tups and corporates working together. But it can all end in tears.
Westpac traders 'joking, not fixing'
Westpac's defence in the high-stakes bank bill swap rate case was going pretty well until an ex-CBA trader turned up.
CSIRO bid to keep 'spooky action' going
The CSIRO has used the week of Hallowe'en to announce backing of a start-up that seeks to preserve what Albert Einstein called "spooky action".
How to win an argument - even when you're wrong
I have found this influencing technique incredibly powerful. So powerful, you can even use it to great effect, with evil intent.
Domino's faces $35m in higher wage costs
Domion's Pizza is facing tens of millions of dollars in higher wages after the Fair Work Commission terminated deals that paid thousands below-award rates.
Lifestyle
Speakers that cost as much as a suburban flat
Swap instant gratification for a sound system that produces music as it was intended to be heard.
