'It feels a lot like the late 1990s'

The future on the ASX might not be as glum as some think.

Despite a brief peep over the 6,000-points mark, the ASX hasn't even come close to bettering its 2007 all-time high of 6828 points. But the fatigue and negativity might just be misplaced.

AMP needs someone who can rebuild its culture.

AMP new CEO must rebuild culture

When AMP chairman Catherine Brenner announced the retirement of Craig Meller, Chanticleer asked what she'd look for in her next CEO. Surely what she wanted then must have changed now. 

AMP lied to customers

AMP's witness to the royal commission said customers were told they were getting refunds for fees charged in error when that was false. Follow live.

Markets Live: ASX lifted by miners

The ASX is strengthening today as a rally in the mining sector offsets weakness in the financials on another day of Royal Commission hearings.

Sydney rental growth falls to nine year low

Sydney rents increased at their slowest pace in nine-years for the first quarter of the year as affordability constraints and greater choice for renters put the brakes on growth.

AMP's head of advice Anthony 'Jack' Regan agreed that 19 statements AMP made to ASIC were not true.

AMP preferenced shareholder interests

AMP's head of advice Anthony 'Jack' Regan has admitted the financial services giant has a culture problem and at times has acted in ways that prioritised the interests of shareholders.

Blue Sky continues plummet to earth

The KKR of Brisbane's shares fell 22 per cent on Monday, after a profit downgrade and another teleconference short of (satisfactory) answers.

The mining sector has outperformed in April.

ASX miners are back in favour

A sparkling performance from the resources sector in April is setting miners up for a robust year of share price gains, but not everyone is convinced the good times will last.

Earnings begin badly for bulls

While nobody doubts earnings are soaring, the question is whether they're soaring enough to restore order in the stock market.

Opinion

Chanticleer

Time for a banker bonus clawback

The awful revelations about the propensity for companies to lie to the regulator and the willingness of financial planners to put their interests ahead of customers ought to prompt royal commissioner Kenneth Hayne to make findings about the remuneration practices at the upper levels of the major banks and AMP.

NT gives go-ahead for fracking

The NT government has lifted the 18-month blanket moratorium on fracking, opening up vast tracts of underground gas resources to potential development. 

US companies banned from supplying ZTE

The Department of Commerce has banned US companies from selling components to Chinese telecom equipment maker ZTE for seven years over the illegal shipment of goods to Iran.

Personal Finance

Amazon's real underlying profit engine is its cloud business, AWS.

Relax. We are not at peak Facebook

The tech sector is filled with businesses forecast to lift earnings by more than 10 per cent a year for the next three years, and with customer numbers in the millions.

CEO lessons: Vesey and Thorburn

Few CEOs have had their feet held to the fire over the past year as much as AGL Energy's Andy Vesey and National Australia Bank's Andrew Thorburn.