'It has the makings of a perfect storm'
![​The world financial system is as dangerously stretched today as it was at the peak of the last bubble. But this time ...](http://web.archive.org./web/20180123031706im_/http://www.afr.com/content/dam/images/g/j/7/k/d/h/image.related.afrIndexLeadWide.460x260.h0moj3.gshfrb.png/1516677000093.jpg)
​The world financial system is as dangerously stretched today as it was at the peak of the last bubble. But this time the authorities are caught in a "policy trap".
​The world financial system is as dangerously stretched today as it was at the peak of the last bubble. But this time the authorities are caught in a "policy trap".
Pat Regan has delivered another profit downgrade, a big write-down, a big loss and a warning there is still a lot of work to be done to clean up the business.
Malcolm Turnbull has brushed off Labor's criticism of the government's plans to lower corporate tax rates as "trickle down economics".
Shares are buoyant in early afternoon trading, with gains in the banking sector and a clutch of broker upgrades helping the advance.
There is still further upside for valuations in 2018 due to low interest rates, strong corporate balance sheets and high quality earnings.
Tatts Group chief executive Robbie Cooke is taking on the top job at the country's newest bank Tyro.
The man shareholders hope is the next Domain CEO, said he is committed to his job in Germany but wants to help develop the Australian business.
ASX-listed global insurer QBE has announced yet another profit downgrade, preparing the market on Tuesday for a $US1.2 billion after tax loss.
Oil Search posted record production for 2017, buoyed by plans to expand its Papua New Guinea LNG project.
ResMed shares climbed 9 per cent after the respiratory device maker's sleep apnoea masks boosted second-quarter revenue.
P2P Transport, which controls 50 per cent of the Gold Coast's taxi fleet, expects strong activity from tourism and the Commonwealth Games.
Fairfax Media could turn the shock resignation of its Domain CEO into a win by hiring former REA Group head Greg Ellis, investors said.
US bond yields climbed to multi-year highs overnight, before a temporary resolution to the US government shutdown.
Trade risk in US markets is no longer hypothetical, and investors would do well to pay attention, according to Morgan Stanley strategists.
Since revealing their identities on Thursday in a news article, Viceroy has not backed down in its war against a US target, and defended the history of leader Fraser Perring on social media.
​UBS is increasing payouts to shareholders as growing business with its core base of wealthy clients helps to offset the effects of tighter regulation.
A public company couldn't afford to have an executive director continually disagreeing with strategy and effectively setting himself up in private as the internal opposition.
Domain board member Greg Ellis would be the perfect replacement for Antony Catalano, but prizing him out of Germany won't be easy. And there are 35 million-odd reasons why.
Will Jens Weidmann's rise trigger the next meltdown in financial markets?
There's no small irony in the fact that the new CEO of Australia's oldest and best-known listed invested company is hanging out for a market correction.
Fair Work has backed the sacking of a business manager who advised a young female trainee to "just show them your tits and you'll be fine".
Federal Labor has shrugged off promises by CEOs that they would use a company tax cut to boost investment, hiring and wages.
The Australian Electoral Commission misled the public about the security of voting systems used at the 2016 federal election, the ANAO has found.
Malcolm Turnbull wasted the year's first big trip by not having a clear idea what Australia's vital interests in the region should be.
Staff at the government-owned Moorebank freight hub are facing scrutiny over their use of corporate credit cards,
President Donald Trump's tariffs on imported solar panels mark the biggest blow he's dealt to the renewable energy industry yet.
The IMF tips world growth to accelerate at its fastest pace since 2010, fuelled by a temporary stimulus from Donald Trump's $US1.5 trillion tax cuts and broader global momentum.
It is no surprise that groups which tried to engage in Bermuda tax arbitrage are now seeking rescues by the likes of AIG. Bermuda's airport may be welcoming many more US CEOs in the months ahead.
The US regulator overseeing auditors was rocked by criminal charges as federal prosecutors accused three former employees of leaking inside information to KPMG.
The Senate moved to end the US government shutdown after three days by advancing a temporary spending bill.
It could be worse. Sydney has the second-most expensive housing on planet Earth, a new study shows. Melbourne places No. 5.
The underfire general insurance sector has admitted it has begun to avoid covering risky properties in northern Australia.
If the goal is to make money from a holiday home, you need to weigh up the costs, returns and risks relative to alternative uses of your cash.
The US president is clearly not a genius in any normal sense of the word. But Mr Trump has a legitimate claim to three other kinds of "genius": political genius, instinctive genius and evil genius.
Only 6 per cent of top 200 ASX CEOs have a background in technology, while the number of UK CEOs with a technology background has trebled over the past four years.
There have been lasting lessons from the one-off workload, says David Kalisch, the Australian Statistician.
Open minded leaders committed to eliminating bias are crucial to reap the benefits of diversity says Deloitte human capital partner Juliet Bourke.
Maha restaurant has popped up in Melbourne's prestigious Hotel Windsor for six weeks. It's one of many projects on Shane Delia's plate, but that's just how he likes it.
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