Sir Frank Lowy: "I won't be sitting on the beach".

Lowy on life after Westfield

"Most of that box ticking that was created over the last 15 years or so was a waste of time. It didn't add value, it stifled entrepreneurship," says Frank Lowy.

Murdoch and Lowy not retiring

When two of the most successful Australian risk-takers to hit the global stage decide to proceed with once-in-a-lifetime transactions in the same week it is surely time to reflect on what it means.

Insight's winning bond trade

Australia may have one of the most inflated housing markets in the world but that's not going to force the Reserve Bank's hand, says Insight Investments' Peter Bentley.

Citic takes fresh swipe at Palmer

Chinese conglomerate Citic has raised the stakes in its dispute with Clive Palmer by highlighting the benefits at risk if it walks away.

An attendee displays casino gambling chips decorated with bitcoin logos at the CrytoSpace conference in Moscow, Russia, ...

ASIC backs RBA's bitcoin warning

The corporate regulator has backed Reserve Bank governor Philip Lowe's warning that the fascination with bitcoin was a "speculative mania".

Is it time to join the old men selling?

If the global economy is being rearranged to such an extent that Frank Lowy and Rupert Murdoch are headed for the exit, what does that mean the rest of us?

Opinion

Tony Boyd

CBA surrenders to AUSTRAC

The CBA on Wednesday raised the white flag when it lodged its defence against the AUSTRAC allegations of "serious and systemic non-compliance" with anti-money laundering and counter-terrorism financing.

The launch of Bitcoin futures on The CBOE this week has focused attention on cryptocurrency speculation.

S Korea considers cryptocurrency tax

South Korea's government said it would consider taxing capital gains from trading of virtual coins and would also ban minors from opening accounts on exchanges.

Alabama upset imperils Trump agenda

Wall Street futures turned negative after Donald Trump's Republicans lost a key Senate seat in Alabama, endangering the President's pro-business agenda.

Personal Finance