In revealing his plan to spin the business off, Rob Scott has signalled a change in thinking at Wesfarmers, after 12 ...

Was the Coles journey worth it ?

When it bought Coles in 2008 it was the biggest takeover in Australian corporate history. Now Wesfarmers is cutting it free. Was the journey worth it for shareholders?

The biggest losers from Bill Shorten's proposals will be individuals who pay little or no tax, given that the ability to ...

Labor's cash refund grab: What to do?

The biggest losers from Bill Shorten's proposals will be individuals who pay little or no tax, given that the ability to use franking credits to offset taxable income will remain intact.

PM stresses security at ASEAN summit

Malcolm Turnbull will link security and economic prosperity in a key speech at the ASEAN-Australia summit on Saturday, as Canberra looks to bolster the group and expand its role in the region.

Wesfarmers CEO Rob Scott is shopping for growth as Coles managing director John Durkan departs.

Action man Rob Scott goes for growth

Wesfarmers chief executive Rob Scott's move to demerge Coles is all about giving Wesfarmers shareholders a bigger slice of the Bunnings earnings machine.

Guy Debelle, deputy governor of the RBA, says policymakers need to be prepared for higher global interest rates.

RBA warns on rising rate risks

The Reserve Bank has warned investors that a shift higher in global interest rates could impact other asset classes as major governments shift from net buyers to net sellers of bonds.

Complacency still rules financial markets, and the RBA is still worried about it.

Complacency still rules markets

What happened to weighing up risk versus reward? RBA deputy governor Guy Debelle puts on his investor hat - and doesn't like what he sees.

Is the bond market's calm about to break?

Will massive shifts in global bond markets induce volatility than infects other asset classes? It's a question taxing the mind of one of the world's top central bankers.

Opinion

Chanticleer

Action man Scott goes for growth

Wesfarmers chief executive Rob Scott's move to demerge Coles in a transaction that could value the supermarket chain at up to $18.5 billion is all about giving Wesfarmers shareholders a bigger slice of the Bunnings earnings machine.

Senator Pauline Hanson has backed away from her hard line on company tax after seeing the impact of cuts in the US.

Hanson softens on company tax cut

The Turnbull government intends putting its company tax cut legislation to a Senate vote as One Nation softens after seeing the flow on effects from Donald Trump's tax cuts.

ASEAN tug of war

This weekend Australia has a rare opportunity to join regional powers in nutting out their approach to the ramped up, geostrategic tug of war that is now the ghost at every diplomatic table.

Personal Finance

Inset: Peter Paradise of Herbert Smith Freehills.

HSF disciplined partner seven years ago

The senior Herbert Smith Freehills partner suspended over allegations of sexual harassment was disciplined seven years after a complaint by a female staff member.