Climate response driven by 'weight of money': APRA

Australia's financial regulator says the transition to a low-carbon economy 'is in motion' and local companies can opt to 'float with the transitional current' or fight 'against the rising tide'.

Tide is receding on Bond's Dunk Island

What's that old saying from Warren Buffett: Only when the tide goes out do you discover who has been swimming naked.

Place your bets on house prices and interest rates

• COMMENT

The bets on interest rates and house prices are firmly connected because if the property market falls precipitously, it will be another factor inhibiting any move by the RBA to raise rates.

Concerns about slow wages growth fail to dampen Seek earnings outlook

Concerns about slow wages growth didn't stop job listings site SEEK Limited from revising upwards its earnings on Wednesday.

I won't save you from Amazon, watchdog tells retailers

Competition watchdog Rod Sims has warned Australian retailers that he will not protect them from Amazon.

Nine chief addresses staff about Don Burke allegations

Nine chief executive Hugh Marks has addressed employees about the Don Burke allegations of sexual misconduct.

Holiday Inn expands Melbourne footprint

The InterContinental hotel chain's growth strategy has gathered momentum with a second new hotel signing in a week, being a Holiday Inn at Werribee, in Melbourne's west.

Do mystery shoppers instil fear into customer service workers?

it could be a handy tool for monitoring and improving service, or an insidious program aimed at scaring workers.

'They are vulnerable': Watchdog cracking down on 'unfair' hair loss treatments

"Dear God, give a bald guy a break," Homer Simpson prays in a memorable episode of The Simpsons.

Circular Quay home to new 55-storey tower

Circular Quay will be home to a new $1.5 billion office/retail tower incorporating laneways, a revamped Jackson on George hotel, and public space following the lodgement of plans by Lendlease.

Bank workers want a royal commission to clean up 'toxic' culture

Bank employees have called for a royal commission to restore the public's confidence in the sector.

Banks brighten up ASX

Gains for the big four banks helped the ASX to advance on Wednesday, with the benchmark closing firmly over the key 6000 level.

Taco Bell tries to make it third time lucky in Australia

The country's largest KFC franchisee plans to have at least three Taco Bell stores operating in Australia by the end of next year

There is a lot to be said for 'innocent' fun

It is striking how often the word innocent seems to get used to excuse egregious behaviour.

Musk's Tesla to switch on mega battery in SA on Friday

Tesla is carrying out its final tests before the world's largest battery installation goes live on Friday, hitting Tesla chief Elon Musk's 100-day construction target.

Shares in lithium miner Galaxy Resources spark up

Shares in the lithium company Galaxy Resources jumped 8.6 per cent (31¢) on Wednesday after investors welcomed news that it had signed a series of long-term off-take agreements with customers in Asia.

Markets Live: Banks power ASX

Gains for the big four banks helped the ASX to advance on Wednesday, with the benchmark closing firmly over the key 6000 level for the first time since the middle of November.

Fairfax Media and HuffPost joint venture ends

HuffPost and Fairfax Media have announced that their two-year long joint venture has ended.

New rules to increase offshore oil transparency

The federal government has announced new offshore oil rules to increase industry transparency and public engagement.

ASX winners and losers - a snapshot

The stand out listings traded on the ASX captured at key moments through the day, as indicated by the time stamp in the video.

Shell to cut carbon, lift renewables investment

Shell has announced improved cash flow guidance as it plans to cut carbon and lift renewables investment.

Uber used vanishing message system to hide tracks

A criminal probe of Uber Technologies has turned up revelations that the ride-hailing company used encrypted messaging to hide its tracks while spying on rivals, evading authorities and fighting off lawsuits.

For new US Fed chief, easy times demand some tough calls

'Continuity candidate' Jay Powell is poised to take the top job at the Federal Reserve at a time of increasing debate around how monetary policy should be implemented.

'It's going insane': Bitcoin breaks through $US10,000 for first time

Bitcoin's hyper-frenzy saw exchanges pummelled with trading volumes on Wednesday as Bitcoin surged above $US10,000 for the first time in the technology's history.

Keen pollies, poor planning blew $28b on infrastructure

• COMMENT

The sad reality of our major road infrastructure projects is that most of them run wildly over budget. A sadder reality is that governments appear unable to learn from past mistakes.

Premium price paid for ageing Northcote retail centre

A faded Northcote shopping centre has sold for $34 million on a staggeringly-sharp yield of 3.47 per cent.

Paper tiger: Why banks don't need to fear an inquiry

• COMMENT

Head for the hills - the nightmare scenario that our banks have long feared may be about to come to pass. But their share prices tell a different story.

NBN delay could cost up to $790 million, Labor claims

Delays for millions of future NBN customers expecting to connect through their existing pay tv or internet cables could cost taxpayers up to $790 million, Labor claims.

Bitcoin approaches record mark

The digital currency has seen an eye-watering tenfold increase in its value since the start of the year.