AMP needs a cultural shake-up
The astonishing disclosures at the Hayne royal commission on Tuesday leave one obvious question hanging over AMP: what will be the long-term consequences for AMP?
IMF lifts GDP forecast amid trade war fear
The International Monetary Fund has upgraded Australia's economic growth forecasts, but warned the strengthening world economy faces headwinds from the Trump trade disputes.
Blue Sky broker slashes price target
Blue Sky chairman John Kain has dismissed suggestions the board should have improved disclosure sooner as a major backer slashed its price target.
ASIC seeks new power to force bank compensation
The request for a new "directions power" comes as ASIC reveals banks take on average four years to begin investigating misconduct.
ASX to open higher as techs rally
Australian shares are poised to rise as techs, including Atlassian, rallied on Wall St. Iron ore up, oil consolidates.
Equities peak still ahead: fund managers
More than three-quarters of the global fund managers surveyed each month by Bank of America Merrill Lynch see room for equities to run still higher.
Major investors reject Virgin privatisation
Virgin Australia chairman Elizabeth Bryan says the airline decided not to privatise after unanimous opposition from its major shareholders.
Emma Alberici versus the world
The star ABC reporter was warned not to publish two articles that triggered the biggest crisis of her career.
Hayne warns AMP's top brass
AMP is on notice after revelations outgoing CEO Craig Meller and chairman Catherine Brenner interfered with a report that was presented to ASIC as independent.
Stricter big-bank lending could help BOQ
But Jon Sutton also hopes the royal commission doesn't stunt brokers, given they support competition.
Google faces competition scrutiny over Unlockd ban
The competition watchdog will examine Google's decision to ban the app of a local startup, after it caused its IPO to be canceled.
CBA eyes $4b Colonial First State GAM spin-off
Commonwealth Bank has tapped Mirvac chairman John Mulcahy to lead the push for an ASX listing of its $219 billion global asset management unit.
A trader named Morgan Stanley just left Morgan Stanley
A fixed-income trader, who just happens to share a name with 82-year-old Wall Street firm Morgan Stanley, has left the bank, a person with knowledge of the matter said.
Goldman's higher profit, revenue disappoints investors
Goldman Sachs Group's fixed-income trading desk and debt-underwriting division helped generate the bank's highest revenue in three years.
Why tech is the biggest threat to emerging markets
The tech divide could reverse the most important positive megatrend in the world economy for the last 50 years.
Rates spike threatens bank profits
Investors are worried that the recent spike in money market rates will persist and provide another challenge for the embattled banks.
Opinion
Stuck in traffic, blaming immigration
Try persuading people stuck in traffic jams or on overcrowded public transport that congestion from rising population is being addressed, let alone resolved, innovatively or otherwise.
Big four, AMP's flagrant contempt for ASIC
It will be astonishing if Kenneth Hayne doesn't recommend a major boost to ASIC's powers given the big four and AMP's disdain for the corporate watchdog.
NT fracking rollback puts heat back on eastern states
In accepting that the science on the integrity of hydraulic fracturing really is in, the Northern Territory government has likely invited both scorn and praise from over extracting oil and gas from deep shales.
AMP new CEO must rebuild culture
When Chanticleer spoke with AMP chairman Catherine Brenner on March 26, as she announced the retirement of Craig Meller, we asked what she would be looking for in her next CEO. Surely that must change now.
Wind and solar boom undercuts NEG
The National Energy Guarantee will add nothing to wind and solar investments already under way if the Turnbull government doesn't increase its target for emissions cuts
Australia risks wasting seat on UN human rights council
We can't afford to have a passive Australia on the rights council, says Human Rights Watch executive director Kenneth Roth.
Roll state targets into NEG, says former SA boss
South Australia's former top public servant has called on Labor state governments to roll their ambitious renewable targets into a single national target saying state schemes were "clearly a second best solution" for cutting Australia's carbon emissions.
Russia threat looms over PM's London visit
The growing Russian threat is set to dominate a meeting between Malcolm Turnbull and his counterparts from BritaIn, New Zealand and Canada.
'I'm not Santa Claus': Scott Morrison
Next month's federal budget won't represent an early Christmas for voters after the Treasurer denied he would hand out "goodies".
Tesla Model 3 output halts after Musk admits mistakes
Tesla is temporarily suspending production of the Model 3 sedan for at least the second time in roughly two months, just after Elon Musk admitted to mistakes that hindered his most important car.
Billionaire banking heir Matthew Mellon dies at 54
Matthew Mellon had struggled with drug addiction, and reports said he died at a rehabilitation center in Cancun, Mexico.
US, North Korea held 'high level' talks
President Donald Trump said the US and North Korea have already started direct talks at "extremely high levels".
Southwest jet engine explodes, killing one passenger
One passenger was killed when an engine blew out on a Southwest Airlines Co jetliner carrying 148 people, marking the first fatality on a US-registered airline in more than nine years.
Abe to meet with Trump as scandals swirl at home
Domestic political scandals and sinking approval ratings are weighing on Japanese PM Shinzo Abe as he heads to President Donald Trump's Mar-a-Lago resort for two days of talks starting on Wednesday.
Personal Finance
AMP admits putting shareholders before customers
Top advice executive Anthony 'Jack' Regan has acknowledged the financial services giant has a culture problem.
Borrowers still ahead despite softening house prices, RBA says
RBA board members have indicated they are relatively unworried by the current downturn in Sydney's real estate market, noting there had been a series of steeper property falls in the past.
3 portfolio questions to keep you afloat
Questioning the composition of your share portfolio? Professional investor Elio D'Amato outlines how to do it.
Indian students push numbers to record
There had been a consistent effort by government and the higher education sector to rebuild the India market.
The key to successful leadership
Politics, it transpired, is an art, more akin to juggling than to the inexorable implementation of deep-laid plans and programs
Class action lawyers to fight over GetSwift
More class action lawyers are piling onto GetSwift over the alleged breach of continuous disclosure rules.
MUA calls off Patrick strike
Patrick stevedores has admitted to "a level of anxiety" despite the militant MUA calling off a seven-day strike at Port Botany.
Lifestyle
Australian cinema is in crisis
Terrified of Netflix and YouTube, the film and TV industries are desperate for more subsidies. They doesn't deserve them.
