BHP chief executive Andrew Mackenzie was announced as Marius Kloppers' replacement exactly five years ago.

BHP misses profit estimates

BHP's $5.1b underlying profit has fallen short of estimates and been weighed down by close to $2.5b worth of impairments and exceptional items.

ASX ends flat after late surge

Australian shares were steady, as banks came under a bit of selling pressure while earnings helped limit downside.

GetSwift hit with class action

Just one day after GetSwift shares resumed trading, the last mile logistics group has been hit with a class action.

EY shakes up top executive team

EY has reshuffled its top leadership team and streamlined its operations as the firm seeks to respond more quickly to changing market demands.

Bapcor eyes Asian revheads

The owner of the Burson and Autobarn car parts brand will have five stores in Thailand by the end of 2018.

The disclosures were made in the bank's quarterly statement on capital after it scrapped its market update.

ANZ ramps up home loan growth

ANZ is chasing market share in home loans with the bank confirming its mortgage book is growing at 1.2 times system growth.

BlackRock, the world's biggest money manager, has turned bullish on US equities.

BlackRock bullish on US stocks

BlackRock Inc, the world's largest money manager, says impending fiscal stimulus will boost already strong momentum for earnings growth.

A board showing ASX stock prices on Bridge Street in Sydney.

Markets: ASX pulls off lows

Australian shares managed to claw back from early losses to end the day barely changed, as banks came under a bit of selling pressure but earnings and broker moves helped limit downside.

Beware the macro forecasting genius

The practice of offering up long-term opinions about the state of the world based on the short-term fluctuations of the markets is fraught with pitfalls.

It's business as abnormal at Noble

If Noble is starting afresh, why hand executives such generous incentives — up to a fifth of the company — to stick around? This puts them in a better position than even perpetual bondholders.

Opinion

Competition for deposits may push up banks' funding costs, analysts predict.

ACCC circles on banking competition

Banks are in the sights of the competition watchdog this year, with the ACCC announcing it will crack down on anti-competitive behaviour by the banks.

RBA sweats on wage growth pick-up

The RBA is sweating on a pick-up in wages growth to deliver a boost to households that are working off the burden of a debt surge stoked by ultra-easy monetary policy settings.

Big questions about banking in Latvia

The Latvian central bank chief is accused of soliciting a €100,000 bribe; one of the country's biggest banks is charged with helping North Korea.

Personal Finance

An SMSF trustee's company constitution might not allow for flexible passing of resolutions by directors.

Why SMSF constitutions matter

For those who are serious about succession planning and ensuring fairness, there is a trap in most SMSF constitutions.

Tuesday 20th February 2018. AFR. Lucy Turnbull AO speaking at the Peoperty Council Growth Summit. Photograph by Arsineh ...

No 'bonk ban' at Lucy Turnbull's GSC

There is no policy banning sexual relationships between staff members at the Greater Sydney Commission, where almost three-quarters of senior managers are female.