'Inverted' rates: assets may head offshore

US rates are set to go above Aussie rates for the first time in over 15 years.

Australia's official cash rate is set to drop below its US equivalent for the first time in over 15 years, a move that could flip foreign investors' view on assets and spark a retreat in the local currency.

William Hill Australia set to be sold 

William Hill's Australian bookmaking business could be sold by February, which could bring an end to high-profile bookmaker Tom Waterhouse's three-and-a-half year stint as chief executive.

Bellamy's upgrades profit forecast

Infant formula maker Bellamy's Australia has lifted its full year profit guidance after better than expected sales in China during the first half.

 In a free market each actor bears the consequences of their own decisions: sophisticated investors should be free to ...

Markets: Bellamy's surges in weak ASX

Shares remained mired in the red at lunchtime, with banks and miners the worst performers, although Bellamy's shares shot higher as investors warmed to its upgraded guidance.

Afterpay shares surge to record

Shares in Afterpay Touch have hit a record high after the buy now-pay later service revealed its sales reached more than $900 million in the first half.

Opinion

Australian Bureau of Statistics figures show that 103,743 new vehicles were sold in December,

New car sales surged in 2017

New motor vehicle sales have risen, with sales in December up 4.5 per cent on the previous month and far higher than November's mere 0.1 per cent lift, official data show.

"Political measures should not be deployed to interrupt corporate operations," sayd a spokesman for Taiwan's Ministry of ...

'China should stay out of companies' business'

Taiwan has hit back at companies bowing to pressure from China to stop referring to the self-ruling island state as a country and says political measures should not be used to influence business operations.

Personal Finance

Cash acts as a discipline on payments providers. Asked to pay surcharges on the use of cards, customers have the option ...

Why we can't do without cash

A cashless society sounds cool. But notes in the pocket impose discipline on opaquely regulated and dominating service providers.

FILE - In this April 18, 2017, file photo, conference workers speak in front of a demo booth at Facebook's annual F8 ...

Banks battle big tech to lure top MBAs

Finance once was the most popular career choice for MBA graduates but it has been replaced by consulting and marketing roles while Big Tech vacuums up the talent.

Citigroup to disclose gender pay gaps

Citigroup said it would measure, publish and take steps to close the gaps between what it pays men and women in three countries and for US minorities.