CBA still faces basic banking challenges
Commonwealth Bank's freshly appointed CEO Matt Comyn is under pressure from shareholders to stay focused on operational matters.
Meet the Bond who returned 74pc in 2017
"For the first time in a long time there's opportunities across every commodity," says Jeremy Bond, whose seven-year-old fund returned 74 per cent in 2017.
'National missions' to reboot innovation nation
Two "national missions", to make Australia the world's healthiest and save the Great Barrier Reef, are at the heart of a plan to reverse a poor innovation record by 2030.
Global rates spike on growth bets
A bear market in bonds seems more entrenched as the yield on the US 10-year Treasury note reached a four-year high.
Yuhu Group buys Wanda's Australian assets for $1.13b
Dalian Wanda ends its presence in Australia after selling its Gold Coast and Circular Quay assets.
ASX to open lower as Wall St slips
Australian shares are poised to open lower as Wall Street eased ahead of a Fed policy meeting.
Telstra chief banks on tech-led revival
Andy Penn says Telstra will be hiring more global tech leaders as it broadens its tech focus to generate new revenue in the post-NBN era.
Comyn's journey from favourite to surprise choice
He was always destined to lead the Commonwealth Bank. Yet Matt Comyn is seen as the surprise choice to restore trust in the scandal-ridden bank.
No backlash to CBA's inside job
CBA chairman Catherine Livingstone is convinced new chief executive Matt Comyn knows what is wrong with the nation's largest bank and how to fix it.
Myer covenants at risk if goodwill written down
Myer risks breaching lending covenants if it follows David Jones' lead and slashes the value of intangible assets.
ANZ CEO Elliott: Our submission is confronting
ANZ CEO Shayne Elliott apologises for causing customers financial hardship or emotional distress.
Palmer faces appeal over $200m royalties payment
Chinese conglomerate CITIC has appealed against a court ruling which delivered a royalties windfall to Clive Palmer in the latest twist in their dispute over Australia's biggest magnetite mine.
Three hikes seen confirmed by Fed
The Federal Open Market Committee meeting this week is likely to reinforce the baseline expectation of three hikes this year.
S&P; 500 can't elude bond market's violence
A subplot that has gone largely unnoticed in this year's relentless stock rally is playing out in public.
2018 looks like a banner year for debt markets
Australia's debt capital markets have finally reached an "inflection point" as more international companies and new investors willing to provide long-term funding emerge.
Crypto heist spurs calls for tighter regulation
The theft of nearly $617 million in digital tokens is still reverberating through cryptocurrency markets and policy circles around the world.
Opinion
Comyn the hard choice not the easy one
Given the agreement on the need for major changes in banking behaviour, the choice of a veteran Commonwealth banker as new CEO is actually a hard call by the board.
Narev's legacy looms large over Comyn
Outgoing Commonwealth Bank CEO Ian Narev might not have a plan beyond family time, but he leaves an imposing legacy for his successor.
Ferris innovation plan requires courage from PM
Innovation and Science Australia's point is that we can't count on our luck. There may not be another mining boom between now and 2030. We may have to create our own luck, as we did in the 1990s.
Can CBA's new CEO make the necessary changes?
In order to achieve credible change at CBA and restore its image, Matt Comyn will need to do more than maintain its position as the leading financial performer among the big four.
Shorten takes cover from Labor's factional war
Labor leader Bill Shorten has distanced himself from a proposed controversial factional realignment in his home state of Victoria.
Company tax cuts lessen inequality: Labor adviser
A leading economist whose work was used by Labor to support its negative gearing policy has slammed the party's resistance to company tax cuts.
Selling defence to the world
Malcolm Turnbull wants Australia to be a major arms dealer. But is this realistic and is the industry up to it?
Cutting corporate tax will cut inequality
New evidence shows that company tax cuts benefit low-skilled, young and female workers the most. No one in politics should oppose it.
China no threat: PM, Bishop
PM, Julie Bishop say there is no military threat from China and Russia despite recent US review.
SpaceX’s new beast of a rocket is go for launch
The first flight of the Falcon Heavy promises to be a public spectacle, as NASA has sold out $US195 viewing party tickets.
US FBI deputy steps down
Andrew McCabe, criticised repeatedly by President Donald Trump for alleged bias against him, is taking leave until official retirement in March.
China's growth story is far from dead: it's still unfolding
There is no failure lurking in China - just textbook economic growth on a grand scale.
Trump bestrode the Davos stage - but its spirit was elsewhere
Emmanuel Macron has easily stepped into the Davos Man mantle created by Clinton and Blair. Trump should quit while he is still ahead.
Europe closes in on fresh trade deal
Top EU officials will meet with the Mercosur group of Argentina, Brazil, Paraguay and Uruguay to gauge the prospects for a free-trade deal.
Personal Finance
There is only one question investors need to ask
Investors in the know are focused on the one question that really matters: will US 10-year government bond yields rise above 3 per cent?
High fees cut equity returns
Investors shouldn't just focus just on the management expense ratio, look at other costs and factors that will eat into your investment.
Purplebricks in fee increase shock
Purplebricks has quietly stung vendors in Victoria with a huge 33 per cent increase in upfront selling fees and increased fees by around 10 per cent in other states.
Elon Musk sells $6m of flamethrowers
Anyone tracking the number of businesses Elon Musk is involved with can add one more to the list: merchandise. Specifically, a flamethrower.
Climate change projects headline innovation agenda
The body set up by the Turnbull government to create its innovation agenda has proposed climate change projects to spur development.
CBA puts stability ahead of culture shake-up
The selection of an insider for CEO suggests the board believes business challenges and quick culture change overwhelm the need for a cleanskin to fundamentally shake up the bank.
Innovation patent is a step on ladder of success
Gavin Rundle spent years developing a better ladder. He protected the idea with an innovation patent. Now the federal government plans to scrap them.
Lifestyle
What leaders can do about mental ill health at work
Talking about your mental health experiences with colleagues can help manage mental health issues.
