Sydney house prices fall for second month
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, new data shows.
Concise 'reluctantly' winds up as passive shift bites
Melbourne-based equities investor Concise Asset Management will close its doors and hand money back to clients after almost one decade investing in Australian mid caps.
Lessons for Australia from BlackRock's Fink
BlackRock CEO Larry Fink doesn't skate over the burning issues. Here's what he really thinks about the big four banks and the biggest problem facing Australia.
News Corp has halved in value since spin off
Rupert Murdoch's decision to split his empire four years ago has halved the value of News Corp's directly controlled businesses, which include its newspapers.
Markets Live: ASX's 10th anniversary
Investors celebrate 10 years since the ASX200 peak with a solid start to the new month, helped by resources stocks, while CSR stumbles on earnings.
Eight killed in NYC terror attack
A man in a truck drove onto a busy bicycle path near the World Trade Center memorial Tuesday, killing at least eight.
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.
Myer cuts sales growth, return targets
Myer chief Richard Umbers has slashed sales growth and return targets after admitting the retail environment was changing faster than expected.
Medcraft slams audit quality of big four
The quality of corporate audits is appalling and getting worse and could lead to an Enron-style corporate collapse, says ASIC chairman Greg Medcraft.
Jersey firms at centre of Kinghorn $30m tax charge
A Jersey-based company, which signed a mortgage deal with RAMS Home loans, is at the centre of the charges against John Kinghorn.
Big four hit back at Medcraft
The big four accounting and consulting firms have hit back at criticism of their auditing services by the corporate regulator Greg Medcraft.
Michael Wright named CIMIC CEO
Spanish construction group ACS has put Australian Michael Wright in charge of CIMIC, which reported a 20 per cent rise in net profit.
Blackrock to take activism to a 'whole new level'
The boss of the world's largest fund manager is planning to step up his crusade against poor-performing companies. "We have to be more active than an active manager."
Bitcoin spikes to record as futures set to open floodgates
Bitcoin is spiking to a record after CME Group said it's planning to launch bitcoin futures as the move could open the floodgates of investors who have been standing on the sidelines.
Oil and gold higher for longer: Macquarie
OIl and gold prices will likely stay higher for longer, say Macquarie analysts, who have crunched a century of market data to plot the new commodity cycle.
M&A; regulatory risks to test boards
King & Wood Mallesons chairman Stephen Minns says boards should consider setting earlier end dates for bid recommendations to avoid getting snared in long-winded regulatory processes.
Westpac rolls the dice in rate-rigging case
Westpac's top brass are backing their traders in ASIC's rate-rigging trial. It's a huge call by the bank and one ANZ and NAB weren't willing to take.
Opinion
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.
Westpac bets the bank
Westpac has decided the damage done by pleading guilty to rate rigging was greater than the risk of taking on a case it believes it can win. That's a big bet
Glencore deadlock drifting to dead end
Glencore's lockout at its Queensland coal mines continues, but an end is in sight – although it won't be pretty.
Woolies gains ground in supermarket wars
Woolworths CEO Brad Banducci has delivered further evidence his strategy to play catch-up with rival Coles is working.
Citizenship threat to more MPs
A fresh cloud of suspicion hangs over federal Parliament after Liberal Senate president Stephen Parry revealed he could be a dual British citizen.
Equality, fairness key drivers of Yes vote
Basic values of equality and fairness have been the driving reasons why Australians have voted to legalise same-sex marriage.
Debt still rising despite APRA crackdown
Borrowing by households is still growing more than three times as fast as incomes, raising doubts over whether the regulatory crackdown on lenders is working.
Adani could cost my seat: Trad
Queensland Deputy Premier Jackie Trad has cast doubt on the viability of Adani's $16.5 billion Carmichael mine, which she concedes her electorate is "very strongly" against.
'The heroism of your fallen will never be forgotten'
Malcolm Turnbull and Benjamin Netanyahu have paid tribute to the 'heroic' Australian soldiers who helped liberate Beersheba.
How the west should deal with Xi's Leninist autocracy
China is emerging as an economic superpower under a Leninist autocracy, controlled by one man. The rest of the world has no choice but to co-operate peacefully with this rising power.
North Korea nuclear test kills up to 200, say reports
A tunnel at North Korea's nuclear test site collapsed after Pyongyang's sixth atomic test in September, possibly killing more than 200 people, Japanese broadcaster TV Asahi said.
Ousted Catalan leader summonsed to court
The deposed leader and his former team were summonsed to appear on Thursday and Friday at Spain's National Court, which is investigating them for rebellion and misuse of funds.
China in denial about low birth rate
There is a widely held view that China's decision to drop the one-child policy was too little, too late.
Xi's state capitalism is here to stay
Xi's wielding of state economic power is at odds with the market forces that have brought China's biggest successes.
Personal Finance
Is the market set for a crash? Check these charts
Deutsche predicts the S&P;/ASX 200 will continue to rise, albeit at not a fast pace. It's modelling shows only a 5 per cent chance of a bear market over the next six months.
Is an SMSF right for you? Here's how to decide
Running a self-managed fund has several upsides, but it comes with heavy responsibilities.
Sydney rents are coming down
Rents in inner city Sydney are getting pressure from competing new unit supply.
Myer's McClintock: who's Mark McInnes?
We just want McClintock to keep doing interviews, for the man is a comedy genius.
To become emotionally agile, follow these 4 principles
Here's how to master your emotions.
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.
Do we expect too much from our leaders?
Performance appraisals routinely assess people based on an expectation they're at 100 per cent capacity, delivering on a full workload, at full steam, always.
Five signs an investor is not for you
Eager investors will gather around your good idea, here's a guide to shortlisting them.
Lifestyle
How to escape the crowds in Byron Bay
Craig Tansley finds a new level of exclusivity in Byron Bay that lets him remember what made his childhood home so special.
