Facebook scandal threatens tech trade
![The damage to the social network's reputation threatens what has been the hottest trade in global financial markets.](http://web.archive.org./web/20180320063234im_/http://www.afr.com/content/dam/images/1/0/e/8/2/k/image.related.afrIndexLeadWide.460x260.h0xpon.gshfrb.png/1521525420105.jpg)
The damage to the social media network's reputation threatens what has been the hottest trade in global financial markets.
The damage to the social media network's reputation threatens what has been the hottest trade in global financial markets.
Westpac is set to use three leading global credit agencies to blitz 'liar loans' in response to government and regulatory pressure on lenders to boost loan scrutiny.
If you're a market type who likes to see Warren Buffett as the world's ultimate tastemaker, then have we got the deal for you.
ANZ and CBA approved overdraft loans for thousands of customers despite not making reasonable or in cases any inquiry about their finances. Here's how day 6 unfolded.
As the afternoon stretched out and lawyer and witness sparred on like treacle-covered boxers, those left behind turned their minds to more important matters, like how to bring back Rowena Orr.
Australia's information commissioner wants Facebook to explain how it accessed the data of 50 million users without permission.
Home sales in Sydney and Melbourne fell last year to their lowest levels in at least four years as stock shortages kept listings low and tighter credit rules hampered investor purchases.
David Teoh has made the most of the slowdown in the NBN rollout as he – and the rest of the telco sector – wait impatiently for the arrival of 5G.
Ratings agency Moody's Investors Service has reaffirmed Wesfarmers' A3 short and long term credit ratings even though the $18 billion spin-off of Coles weakens the conglomerate's credit metrics.
CUB, maker of iconic beer brands like VB, is going solar to reduce its carbon footprint and energy costs.
Bronte Capital's John Hempton, who uncovered poor lending standards at Australia's banks, says he "genuinely doesn't know" how bad the problem is.
Oil Search has started to apply a $US25 per tonne price on carbon for its investments in Papua New Guinea, and a $US40 per tonne price for projects in the US.
Australian shares fell for the first time in three sessions on Tuesday, as some heavy losses in the mining sector outweighed a better day for the banks.
The RBA's 16 consecutive meetings without a change in interest rates will lend Australian bonds a safe-haven quality should markets have another outbreak of volatility, says T. Rowe Price.
The ASX is lower today, with losses for iron ore and a tech-led selloff on Wall Street denting sentiment.
The Australian Financial Review tracked down Brandon Evertz, the young director of last year's hottest ASX stock Big Un, at a charity event in Sydney last night.
David Teoh has made the most of the slowdown in the NBN rollout as he – and the rest of the telco sector – wait impatiently for the arrival of 5G.
Matt Comyn warned his staff that this week of the banking royal commission could get ugly for the bank. He was proved right in hours.
The Hayne royal commission has now arrived at one of the most fiendishly difficult questions in the country's $1.6 trillion home loan industry.
The sad truth about Millennials is that they are not nearly as special as they have been told.
A 10-year ban on fracking in the south-east of SA under the new Liberal Government has angered much of the resources industry.
Foreign countries would love to have the quality of Australia's health data, which gives this country a competitive advantage, says former Google boss Maile Carnegie.
The Grattan Institute has criticised Scott Morrison's claim that more than half a million "low-income earners" will suffer under Labor's plan to abolish franking credit refunds.
High household debt and the lack of a 'definitive pick-up' in wages growth were key reasons the RBA left the official cash rate steady this month.
The Greens didn't lose Batman, Ged Kearney won it, Labor contends.
As global pressure builds on US tariffs at the G20, the US will press allies such as Australia to lean on China to cut steel production and end IP abuses.
Regional chains are filing for bankruptcy. European-born discounters are expanding, forcing competitors to keep their own prices low. And Kroger and Walmart, the two largest grocers in the US, are investing in technology and expanding delivery as they try to fend off an incursion by Amazon.com.
The Chinese President offered his strongest warning yet to the island claimed by China as its sacred territory.
As Crown Prince Mohammed bin Salman heads to Washington, Saudi Arabia appears to back away from wanting a foreign IPO for oil giant Aramco.
Trump's understanding of how serious the opioid crisis is - 42,000 Americans died from overdoses in 2016 - helped him win the White House.
The recent issues surrounding Big Un and Getswift have shone the spotlight on the predicament many businesses and their investors face when it comes to being an IT start-up listed on the ASX.
Kim and Vicki Evans say their retirement income will drop by 28 per cent, or $14,000 a year, under Labor's plan to remove franking credit refunds.
The Tax Office has released material saying that self-managed superannuation fund property developments can be considered tax avoidance schemes that are "too good to be true".
Clients are exerting downward pressure on price and firms are responding by discounting to retain their share of the pie.
Clients of professional service firms want firms to come up with new ways to deliver their service, but they also expect costs to be lower.
The sad truth about Millennials is that they are not nearly as special as they have been told.
What happens when 600 million young Indians realise they've been conned?
In the new world of haute cuisine, chefs are jostling to outdo each other with rare offerings you can't buy anywhere else.
Enjoy unlimited access to Australia's best business news and market insights across desktop, tablet and mobile
Already a subscriber? Log in