The dark underbelly of home loan industry
The big question - and one which is of keen interest to the Hayne royal commission - is just how rife is this fraudulent conduct in the home loan industry.
Donald Trump fires Rex Tillerson
President Donald Trump has ousted Secretary of State Rex Tillerson and replaced him with CIA Director Mike Pompeo.
Devil is in the detail of Shorten's dividend rebate ban
Bill Shorten's move against the cash rebate of imputation credits will restore the dividend imputation system to its original purpose, but it will push self-managed super funds into trusts and offshore equities.
Lessons from Ken Hayne's first day
When Hayne delivers his recommendations at year's end, the banks and non-banks are inevitably going to face increased regulation and compliance burdens.
Labor sets scene for income tax cut war
Labor's plans to end cash refunds for excess dividend imputation credits has set the scene for a bidding war with the government over income tax cuts.
Strongest growth since GFC predicted
The OECD has backed Treasury and RBA forecasts for a lift in economic growth, thanks to stronger commodity prices and rising jobs growth.
Labor pushes SMSFs to risky investments
Retirees will be tempted to buy into risky, high-yielding investments in an effort to replace the income they stand to lose from Labor's proposal to abolish refundable franking credits.
More investors flame Grange's diversification plan
More angry shareholders have come forward with concerns about iron ore miner Grange Resources' plan to diversify into Melbourne's luxury real estate development sector.
NEG needed for energy sector in 'disruption central'
Energy policy supremo Kerry Schott has declared the "worst is over" on power price hikes, saying the Energy Security Board is well aware of the need for the National Energy Guarantee to ensure affordable, reliable power.
NAB staff took cash bribes to 'smash targets'
NAB staff were approving loans they knew that were fake in order to meet sales targets and trigger incentive payments.
CBA berated for poor homework
Like the school mistress telling the class which students had failed their homework assignment, counsel assisting Rowena Orr, QC, berated the CBA for a very big fail.
Cash bribes in white envelopes
A NAB banker was grilled for hours about a home loan scheme involving 60 bankers and 20 sackings. How day one of the hearing unfolded.
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Imputation twist sparks bank hybrid questions
The bank hybrid market appears to be one of the scalps of Labor's plan to close the imputation loophole if it wins power.
Dividend imputation rule 'a large distortion'
At least one beneficiary of Australia's compulsory superannuation 'gravy train' is speaking out in favour of Labor's proposed changed to imputation rules.
Banks, miners drag ASX into the red
Investor concerns about Labor's dividend franking plan, a probe into bank behaviour and a sharp drop in iron ore weighed on the ASX.
Opinion
Dark underbelly of home loan industry exposed
The big question - and one which is of keen interest to the Hayne royal commission - is just how rife is this fraudulent conduct in the home loan industry.
Banker pay a target of Hayne inquiry
The banking royal commission dropped clues during its first hearing on where concerns lie and how it might resolve them.
Act now on potential jobs wipeout: Cannon-Brookes
Mike Cannon-Brookes took off his trademark baseball cap and made his way to the ornate committee table inside Victoria's gold-rush era Parliament House.
Dividend imputation rule 'a large distortion'
At least one beneficiary of Australia's compulsory superannuation 'gravy train' is speaking out in favour of Labor's proposed changed to imputation rules.
PM urged to beef up charities rules over terror fears
Tougher requirements on charities are needed to stop terrorists exploiting humanitarian aid as cover for extremist activities, a top think tank is warning the Turnbull government.
Australia punches below its weight in ASEAN region
Australian companies are not making full use of the free trade agreements we already have with ASEAN countries.
Robert Doyle's drinking blamed for sexual misconduct
The Melbourne City Council's independent report into former mayor Robert Doyle has upheld four allegations, including that he grasped the breast of former councillor Tessa Sullivan.
Asset write-offs no substitute for tax cuts: business
Business has welcomed a new asset write-off policy pledged by Labor but cautions that it is no substitute for a company tax cut.
Boom-time cash-back we can't afford
A targeted depreciation regime is better than cutting business taxes and hoping for the best.
Vietnam sees Australia as South China Sea partner
Vietnamese Prime Minister Nguyen Xuan Phuc has flagged closer co-operation with Australia to deal with tensions in the South China Sea.
Australia ducked fight on tariffs, says Mari Pangestu
Former Indonesian trade minister Mari Pangestu said Australia should not have asked for exemptions from Donald Trump's aluminium and steel tariffs but should have fought against the decision.
The real reason Xi wants to keep China's top job
Unless China can better manage migration to the big cities, it risks becoming a disastrously divided society.
China raises more concerns about students
China has raised concerns about the long visa approval process for government-funded postgraduate students.
China shakes up regulators in debt crackdown
China is merging its banking and insurance regulators as part of the biggest shake-up of the country's vast bureaucracy in decades as President Xi Jinping tightens supervision of the financial system.
Personal Finance
Labor sends retirees 'back to drawing board'
Do-it-yourself superannuation funds have slammed Labor's proposal to ditch cash refunds for excess dividend imputation credits, arguing that it unfairly singles out self-directed investors.
Super reforms mean time for estate plan re-think
The transfer balance cap introduced last July limits the amount that can be moved from the taxable accumulation phase into the tax-free retirement phase, and this extends to death benefit income streams.
ASIC questioned on plan for 4-day wait on car insurance
The corporate watchdog may have a fight on its hands with financial advisers, brokers and some motor dealers opposing its plans for a deferred sales model for controversial "car-yard" insurance.
‘Serious problems’ with 40pc of audits: accounting watchdogs
Global accounting watchdogs identified serious problems at 40 per cent of the audits they inspected last year, raising fresh concerns about the quality of work being carried out by the world's largest accounting firms.
Work changing too fast to regulate, Atlassian
Atlassian co-founder Mike Cannon-Brookes says he's more concerned about whether there will still be gig economy workers in ten years than regulating their conditions.
What 4 fund managers learnt from their mistakes
The important part of making mistakes is to learn from them. This week, Smart Investor asked four professionals about their memorable mistakes and how they became better investors as a result.
Banker pay a target of Hayne inquiry
The banking royal commission dropped clues during its first hearing on where concerns lie and how it might resolve them.
Lifestyle
Celebrity chef-backed start-up luring diners off sofa
A food tech start-up luring diners off their sofas and back into restaurants is on the march with the help of celebrity chef and shareholder Marco Pierre White.
