It's time to leave Facebook, here's why
Facebook's chief has pledged to do more to protect its users' data after the Cambridge Analytica scandal, but it should be too little too late.
Trump to slap tough new tariffs on China
Donald Trump is poised to risk an international trade war by slapping aggressive new economic penalties on China in response to Beijing's repeated theft of intellectual property.
Big Un's new chairman has Russian connections
Big Un Limited has appointed a financier with Russian connections as its chairman while a new accounting firm will advise on its half year accounts.
Credit card debt climbs to $51.6b
Credit card debt climbed to $51.6 billion in January this year and more than half of that was incurring interest, the inquiry has been told. Follow live here.
CBL crash could catch builders and property owners
Builders and apartment owners could face massive bills to replace dangerous external cladding following the collapse of giant New Zealand-based insurer CBL.
Markets: ASX wavers as rates eyed
The ASX is struggling for direction today as strong gains from miners and oil companies counter losses for the banks. China raises a key short-term rate.
Extreme risks saw ANZ withdraw from asset finance
ANZ stripped 500 car finance brokers of accreditation because they couldn't be bothered completing a 55-minute online test.
Busy bricklayers point to housing soft landing
Australia's biggest brick company has lifted prices by 8 per cent and bricklayers are extremely busy.
Swiss probe Rio Tinto over alleged $13m bribe
Swiss prosecutors confirmed on Wednesday local time that they were investigating whether miner Rio Tinto paid bribes linked to the landmark Oyu Tolgoi copper-gold mine.
Myer loss 'final nail' for board: Lew
Myer's $476 million first-half loss was the 'final nail' in the coffin for the retailer's directors, says major shareholder Solomon Lew.
Sigma keeps guidance as earnings fall
Sigma Healthcare has posted a decline in full-year underlying earnings and revenue while declaring a fully franked final dividend.
Why spinning off Coles is better than selling it
Wesfarmers CEO Rob Scott has defended the decision to demerge rather than sell or float Coles, saying a demerger was the only way of protecting shareholders from capital gains tax bills.
Fed lifts rates, alert to US-China trade war
Despite a trade war risk, Fed chairman Jerome Powell sees more US interest rates rises and outlined an optimistic outlook for the economy and inflation.
Elon Musk's Tesla pay package could net him $64 billion
Shareholders of electric car and solar panel maker Tesla have approved an ambitious pay package for CEO Elon Musk that could net him more than $US50 billion ($64 billion) over the next decade.
'Bitcoin isn't a real asset'
For once Bruce Flatt is struggling. The billionaire who runs Canada's global asset manager Brookfield Asset Management is trying to explain why bitcoin will never join his "wealth of things".
Dropbox boosts IPO price range
Dropbox upped the price range for shares in its initial public offering, marketing the stock for $US18 to $US20 apiece.
Opinion
Fed hike may not be enough to stop slide
Federal Reserve chief Jerome Powell was determined his first chairing of the FOMC rate-setting board would hold no surprises for financial markets.
Aussie rates to stay below US 'for years'
The US official cash rate is poised to rise above Australia's for the first time since 2000 and while it may seem novel in today's market, it won't be a passing fad, say experts.
Chaos in the White House is not all bad
Delegates at Asia's biggest investment conference are being assured that there was nothing to fear from President Donald Trump.
When bank competition is a race to the bottom
Westpac has now had its turn to feel the Hayne royal commission's blow torch on its belly, with the Sydney-based lending giant being grilled about the "flex commissions" .
Jobs run hits 17th straight month
Record 17th straight rise in employment as participation in labour market surges, pushing the jobless rate to 5.6 per cent
Business tax cut pledge not good enough, says Hinch
A pledge by 10 CEOs to reinvest corporate tax cuts has failed to shift Derryn Hinch but One Nation is impressed.
Turnbull's ex-adviser warns US on China interference
Malcolm Turnbull's former adviser John Garnaut warned US lawmakers that China will not relent on its "brazen and aggressive" interference in Western democracies.
New economy cannot be tax free: Morrison
Treasurer Scott Morrison has indicated that Australia, like other G20 nations, might go it alone with measures to tax digital economy companies like Uber.
CEOs pledge to reinvest any company tax cuts
Business has pledged to all senators that business will invest more in Australia if the company tax legislation is passed.
Beware data miners with posh accents and good suits
It takes oodles of insouciance and ambition to exploit two global institutions in the way Alexander Nix, chief of Cambridge Analytica, has done.
Ex-Liverpool star faces jail for alleged $3m tax fraud
Former Liverpool and Real Madrid midfielder Xabi Alonso could be facing a possible five-year jail sentence over alleged tax fraud.
Facebook just lost more than Tesla's entire market cap
The social media giant has lost over $77 billion in market value over the past two days, following revelations that personal data of millions of users was obtained by a data analytics firm.
Gun-toting Russian who shocked soccer now a billionaire
Japan Tobacco has agreed to pay $2 billion for Donskoy Tabak, owned by Ivan Savvidi, who says he is "deeply sorry" for his March 11 incident in Greece.
Xi sets the scene for China's next chapter
Xi's Jinping has achieved a lot at the National Party Congress, considering most decisions were signed off by the party months ago.
Personal Finance
Franking credit war rumbles on
Labor's blanket ban on franking credit refunds is poorly conceived, an expert has said, as Prime Minister Malcolm Turnbull told retirees Bill Shorten wanted to "rob" them.
QBE says investors want proof of turnaround
QBE chief executive Pat Regan has admitted that sceptical investors are looking for "proof points" following eight successive profit downgrades.
Westpac: We rely on car dealers to verify our loans
Australia's largest provider of auto loans accepts customer information provided by car dealerships as gospel and does not independently verify the expenses.
Boss Young Executives 2018: From C-suite to start-up
It takes a bold person to walk away from a successful corporate career and found their own business.
'The tall poppy syndrome has metastasised'
A hidebound streak is stopping Australia making the most of its 1 million-strong diaspora, a study of returned expatriates has found.
Ansarada raises $24m in Ellerston-led round
The Sydney-based provider of virtual data rooms and organiser of business information has raised $24 million led by Ashok Jacob's Ellerston Capital.
In defence of venture capital
Venture capital has been accused of undermining publicly-funded research, but the reverse is true argues funds manager Michael Hui.
Lifestyle
Winemaker's top drops defy climate science
Tom Carson of Yabby Lake Vineyard has made consistently great wines over the past 10 years, despite some extreme seasons.
