Bitcoin is 'noxious poison'

Billionaire investor Charlie Munger, Warren Buffett's deputy, is convinced that bitcoin is "noxious poison".

Origin Energy generic of LPG tanker at Port Botany. Tuesday 28th July 2015 photo Louie Douvis AFR

Origin posts loss on write-downs

Power and gas retailing major Origin Energy has been dragged into a first-half net loss due to write-downs it flagged last week, while underlying earnings jumped 51 per cent.

US inflation surprises to upside

Stronger than anticipated US inflation in January raised investor bets of multiple Federal Reserve interest rates rises this year and cascaded through global financial markets overnight.

Bet against bonds at your peril: JCB

"Interest rates are the virus that affects all assets," says the head of research at Jamieson Coote Bonds, which warns the pain will be worse in equities.

Opinion

Tony Boyd

IAG gives Buffett a boost

Even for someone used to having everything he touches turn to gold, Warren Buffett has turned a tidy profit thanks to his partnership with IAG.

Federal Energy Minister Josh Frydenberg wants to get the states to sign up to the National Energy Guarantee

Government backs down on state renewable schemes

State-based renewable energy policies would count towards emission reduction requirements under the Commonwealth's National Energy Guarantee, in a concession to get help states get behind the plan.

A million jobs target on track

Employment growth slowed in January but remains on track to match the Coalition government's promise to create a million jobs over five years by September.

Personal Finance

Major borrowers are tightening their lending criteria and monitoring in response to regulatory pressure and growing risk

ANZ and Westpac tighten grip on property borrowers

Westpac Group and ANZ, which combined account for nearly 40 per cent of the nation's mortgage lending, are tightening control over borrowers with confidential changes to assessment, approval and monitoring.

Problem solvers in demand in banking

Few sectors are feeling disruption more keenly than finance, which is looking for graduates with a rare blend of skills to help them to leapfrog their rivals.

Lifestyle

A promotional image for Bullyparade - Der Film, one of the new German movies that helped Event's profit increase in the ...

German flicks give Event a kick

A recovery in its German cinema operations has helped Event Hospitality to a first half net profit after tax of $66.9 million, an increase of $7.6 million or 12.7 per cent over the prior comparable period.