Bank bosses discover humility
![The reality remains that all banks get the benefit of free government insurance of their biggest source of capital, deposits.](http://web.archive.org./web/20171123081800im_/http://www.afr.com/content/dam/images/g/q/l/c/p/b/image.related.afrIndexLeadWide.460x260.gzrh6t.gshfrb.png/1511423794542.jpg)
Perhaps it's the threat of an inquiry or looming competition from tech giants, but the big bank bosses are putting on an uncharacteristic display of humility.
Perhaps it's the threat of an inquiry or looming competition from tech giants, but the big bank bosses are putting on an uncharacteristic display of humility.
VIP.com, China's third-largest e-commerce platform after Alibaba and JD.com, has some huge growth ambitions in Australia.
When you think about it, the strong suggestion that the May budget will include income tax cuts is also a potential act of fiscal sabotage.
Mathias Cormann has pushed back at suggestions the government cannot afford income tax cuts by pointing out its long-term budget projections already have them factored in.
Former Treasury secretary Ken Henry says there's a lack of understanding about interest rate settings and regulators are part of the problem.
The Palaszczuk government has introduced four new or increased taxes to help pay for its election commitments ahead of Saturday's election.
When Wall Street keeps on celebrating record highs and yet the bond market says the US economy is going to pot, it's hard to know who to believe.
Woolworths chairman Gordon Cairns warns food and grocery suppliers risk 'cutting their own throats' by selling on Amazon and losing control over prices.
Alinta Energy has shown the value still to be extracted from coal-fired power, stumping up about $1.2 billion to buy the Loy Yang B generator.
South32 chief executive Graham Kerr says the mining company is dealing with a "long term cultural issue" at its Illawarra Metallurgical Coal business in NSW.
Westpac trader Satruhan Sharma has denied that a colleagues boast to "f—k the rate set" was evidence of strategy to manipulate the BBSW.
The resources industry needs to stem eroding community support or risk becoming a "politically acceptable target", Evolution Mining executive chairman Jake Klein says.
The local sharemarket closed weaker on Thursday as investor appetite for resources stocks failed to offset selling in banks.
Shares slip in early trade with distaste for banking stocks failing to outweigh appetite for resources.
If Uber had adopted the controls of a good public company two or three years ago, it might have prevented some of the problems that developed since.
From an idea on a whiteboard to a $300m-plus company in five years, Propel Funeral Partners made a stellar debut on the ASX.
Two of the big trends in Australian equity capital markets come together with the imminent listing of new LIC, Spheria Emerging Companies.
VIP.com, China's third-largest e-commerce platform after Alibaba and JD.com, has some huge growth ambitions in Australia.
Two of the big trends in Australian equity capital markets come together with the imminent listing of new LIC, Spheria Emerging Companies.
Friday marks 10 years since the Rudd government was elected. That's a decade of many more political failures than successes.
DP World's Paul Scurrah has angered port users by jacking up infrastructure fees – again.
John Howard has urged the Nationals to dump their plans for a commission of inquiry into the banks, describing the move as one of "rank socialism".
Malcolm Turnbull's reference to a speech John Howard delivered 11 years ago shows little has changed when it comes to juggling relationships with China and the US.
Former prime minister Tony Abbott's father has died, days after suffering a suspected stroke.
The analysis comes as South Australia's premier Jay Weatherill says the state will oppose the National Energy Guarantee in its current form at Friday's energy minister's meeting
The Turnbull government is warning that China's increasing belligerence calls for stronger efforts to maintain America's presence in Asia.
The military-backed politician whose allies ended Robert Mugabe's 37-year rule over Zimbabwe will be sworn in as the new president on Friday, the speaker of the country's Parliament said.
The chancellor tax and spend plan was widely viewed as "solid" by Conservative MPs, including Eurosceptics who had previously accused the him of being too negative about Brexit.
Perhaps we could seek to forge a new version of the "concert of powers".
The public display of unity masked a deep anxiety about the man being installed as Mugabe's successor
China openly plans to dominate artificial intelligence by 2030. Mr Trump appears too busy tweeting to have noticed.
Low inflation and solid growth is catnip for investors, but increasing uncertainty at the top of the world's biggest central banks should give bulls reason for pause.
Coca-Cola Amatil's shares hit their lowest level in almost a decade after the drinks distributor warned its earnings will be impacted by $40 million of spending.
First Super pays one of Australia's biggest unions more than $1.5 million a year for the use of eight staff, prompting questions from the Turnbull government.
Industry fund Vision Super is considering allegations about its chairman Brian Parkinson's conduct during his time as union secretary.
Recently retired High Court chief justice Robert French has advocated the creation of a new arena for settling international commercial disputes.
It's easy to fool around when no one dares criticise you.
Employees, thousands of them, have been steadily publishing their often ineloquent thoughts on social media.
Lawyers for an Oxford graduate say he missed out on going to law school in the US because of his results.
The decision follows signs that business has flagged for months at Trump SoHo, beginning during his polarising campaign last year.
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