ASX investors brace for wild ride
The equity market will be hanging off the outcome of the January CPI result for the US where a high figure could reignite the sell-off that started a week ago.
The equity market will be hanging off the outcome of the January CPI result for the US where a high figure could reignite the sell-off that started a week ago.
Prime Minister Malcolm Turnbull's trip to meet President Donald Trump in Washington next week will be bolstered by the most senior business delegation to visit the United States.
As local investors begin to question listed tech valuations, one of the market's greatest tech success stories WiseTech continues to polarise sharemarket investors.
"What we've done is we've taken bonds and credit and we've leveraged them up about six to eight times with cheap money because we can borrow cheap money and there you go," AXA Framlington's Mark Tinker says.
Sydney and Melbourne auction clearance rates remain lower than last year's figures as auctions pick up for the year.
Investors ploughed more than $US100bn in new cash into exchange traded funds in January, a record monthly inflow that helped drive assets held in ETFs globally above the $5tn mark for the first time.
Small cap-focused listed investment company WAM Capital has doubled its cash holdings since the end of 2017 as it looks to go bargain hunting.
Expect more document dumps on the financial services and superannuation industries, but make no mistake, the big four banks are the main game.
Beleaguered logistics softwares group GetSwift says it cannot guarantee that it is in compliance with the ASX's listing rules.
Australia's major banks are expected to defend their profits and talk up competition as the royal commission kicks off.
Westpac and the other big four banks are waiting for the outcome of a crucial test case on the eve of the banking royal commission.
Coal miners have questioned Aurizon's plans to be less "flexible" on how it maintains its Queensland rail tracks.
Goldman Sachs chief economist Jan Hatzius says financial conditions had to be sustained to have an effect on underlying economic activity.
The "pain trade" is expected to keep Australian share prices searching for a floor for several days yet.
Trading on a crypto exchange is akin to trusting someone who claims to be a bookie.
The correction may not be over yet. But it owes more to the artificially calm conditions that preceded it, than to the structure of the latest instruments that investors use to trade in it.
Commissioner Kenneth Hayne is expected to outline what the next 12 months will hold, including some of his priorities for the Royal Commission into Financial Services.
There's little public appreciation of how much the royal commission into misconduct in financial services will cost. Forget the official $65 million estimate by the government. Try up $1 billion in total costs. Not bad for a year's work.
Faculty are no keener to see technology cut into their jobs than any other group. But resistance to change is now a big drain on productivity.
Environmental crises can be real, but as history has shown rearranging society tends to cause, rather than fix them.
Under a strategy of "as long as it takes", the government is doubling down on its 10-year enterprise tax plan and is prepared to advance it incrementally if that is the best it can do.
A future Labor government will help compensate survivors of the stolen generations as part of a $19 million package to be announced today by Bill Shorten.
Wayne Swan joins that rare band of politicians who get to leave politics at a time of his own choosing, after announcing on the weekend that he would not contest the next federal election.
Tax and superannuation experts have rejected Pauline Hanson's claim that self-funded retirees will be worse off if the company tax rate for big businesses is dropped.
Former Deputy Prime Minister and Treasurer Wayne Swan has announced he will retire at the next federal election.
The US President thrust himself into the national debate over sexual misconduct at the weekend, asserting that "a mere allegation" could destroy the lives of those accused.
Israel at the weekend struck 12 targets in Syria, including four Iranian targets, in a "large-scale attack" after an Iranian military drone penetrated Israeli airspace.
President Xi Jinping's mission to create a nation of winter sports enthusiasts by China's own Winter Olympics in 2022 is being taken seriously.
The latest US defence strategy document defines China as uncomfortable with the terms of the order as dictated by Washington and its allies. But there's nothing new in this.
North Korea's state news agency said its delegation held "frank and candid" talks with Moon Jae-in, but there was no mention of the invitation to the South's President to Pyongyang for a summit.
Investors may have taken a haircut this week but it's worth investigating the causes so they're better prepared next time.
The royal commission begins in Melbourne on Monday but the superannuation industry would be wise to pay attention to another review of the financial services sector under way.
Equities are still the best place to be but shareholders need to beware of becoming too complacent.
The appointment of Harry Harris as Australian ambassador may go some way to ending doubts about the Trump administration's commitment to Asia.
Australian universities are pushing back against the arguments of Harvard economist Kenneth Rogoff.
For managers of the world's public universities, balancing the books is becoming more challenging.
Is Prime Minister Malcolm Turnbull wrong to discourage kids who want a generalist degree from studying law?
The past year has been outstanding for our chefs in one of the great food cities of the world.
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