Get ready for more mortgage rate cuts

Commonwealth Bank of Australia's and Westpac's rate cut are a bid to win lost market share.

CBA's latest round of interest-only mortgage cuts are expected to trigger a new round of reductions as big lenders try to recover lost market share.

The ASX is set to gain after four down sessions.

Markets Live: ASX jumps 1.1pc

The ASX jumped 62 points as investors banked on an easing of trade war tensions, with an interest rate decision from the RBA due later in the session.

Cut company tax to 15pc: Douglass

Magellan's Hamish Douglass says we need "radical" tax reform; a corporate rate of 15 per cent and a choice to opt out of dividend imputation. Follow live.

CFMEU-MUA merger gets green light

Fair Work has given the go-ahead for the merger of militant unions the MUA and CFMEU, blocking the government's bid to stop it.

ASX subsidised Big Un research

The ASX has defended its decision to pay brokerage firms to provide research on smaller companies after it emerged the exchange subsidised bullish research on Big Un.

IEA forecasts US oil output surge

US shale oil output is set to surge over the next five years, moving the United States, once the world's top oil importer, closer to self sufficiency.

Opinion

Jacob Greber

Trump is wrong on trade by at least $25b

According to the logic of Donald Trump, Australia's $25 billion trade deficit with the US means it should immediately put up hefty tariff walls against imports ranging from Sierra Nevada craft beer to Californian oranges.

Simcoa's general manager of production Drew Harris said on Monday that on the world stage the company was a small player ...

Trump's trade war reverberates in Bunbury

Simco expanded capacity by 60 per cent in 2012 to tap into global demand for silicon but it's long-term future is a bit more ''dicey'' because of Donald Trump tariffs.

Chinese President Xi Jinping, left, and Chinese Premier Li Keqiang arrive for the opening session of the annual National ...

Xi Jinping wins unanimous support as parliament opens

The Oscars and the opening of China's annual parliament on Monday had more in common than timing. Both events taking place simultaneously on Monday involved red carpets, high security, intricate stage-management and terrific acting.

No clear winner in Italian vote

Former Italian Prime Minister Matteo Renzi resigns after losing to two populist parties in Sunday's vote. There's no clear winner yet.

Personal Finance