Bad Westpac advisers still got bonuses
A Westpac planner who scored badly in internal audits was not subject to consequences, the Hayne royal commission has heard.
Frydenberg advances against energy snipers
The energy minister has tirelessly pushed for a bipartisan end to a long-running policy disaster movie. That's irritated his fellow conservatives.
National Energy Guarantee to pass first hurdle
With federal Labor promising to lift the emissions targets if it wins office at the next federal election, state Labor governments in Victoria, Queensland and the ACT will sign up to an in-principle agreement backing the NEG.
Shock revelations vindicate Labor's narrative
The government's reluctance to call a royal commission into the banks could have broader ramifications for policy.
We will not protect anyone: Cormann
The government is open to extending the banking royal commission after it uncovered damaging revelations about misconduct in the financial sector.
MIC fee risk negligible for Macquarie
Macquarie's management fees are under attack by an investor in US-listed Macquarie Infrastructure Corp but analysts remain calm.
'No show boater': Hayne sets 'cracking pace'
CBA charged fees to dead clients for a decade, Westpac pocketed $40,000 in fees for advice that wrecked a couple's retirement, and treasurer Scott Morrison vowed tougher penalties. Here's how the day unfolded.
Harvey Norman profits on Gazal exit
Harvey Norman has made a handy $1.8 million profit selling its stake in the retailer behind Calvin Klein underwear.
Santos pursues PNG, Asia deals
Santos is looking to grow its PNG gas position and sell its Asian portfolio even as US suitor Harbour Energy scours its books.
CBA charges dead customers for advice
A group of planners from Count Financial were charging customers for advice fees after they had died, the royal commission has heard.
South32 surges on aluminium and manganese
Surging commodity prices and an upgrade for manganese production guidance have lit a fire under South32 shares.
Woodside's Chaney takes aim on tax
Michael Chaney has used his last AGM as Woodside chairman to blast "populist" politicians trying to stymie government proposals to cut corporate tax.
Sorrell saga shows markets are amoral
WPP CEO Martin Sorrell's downfall shows that financial markets are amoral.
ASX lifts on strong commodities
The Australian sharemarket on Thursday gained for a fifth session in a row as strong commodity prices helped lift mining stocks.
VIX seen 'intentionally' pushed higher
The monthly settlement of the Wall Street fear guage - the VIX - has left investors feeling decidedly unsettled.
Jobs market comes off the boil
The economy added 4,900 jobs in March, with the figure coming in well below economists' forecasts.
Opinion
Fresh nails in banks' wealth coffins
After revelations of how dead people were charged adviser fees, surely the banks must be looking to kill their wealth management plans.
Frydenberg's big day out
Mark your calendars. Can Australia finally start the long climb out of the morass that has characterised Australia's energy policy for well over a decade?
Shock revelations vindicate Labor's narrative
The government's reluctance to call a royal commission into the banks could have broader ramifications for policy.
AMP chair Brenner's day of reckoning
Catherine Brenner's detractors are giving full voice to their criticisms after this week's revelations at the Hayne royal commission.
Sydney light rail faces year delay as tensions rise
Sydneysiders are in for more CBD disruption as the NSW government and contractors battle over cost blow outs on city's light rail project.
Momentum grows for live animal export ban
Rearguard efforts by the industry and Turnbull government to clean up the live animal trade may not be enough to stop a growing parliamentary revolt.
CFMEU boss wants strike rights from Shorten
CFMEU secretary John Setka had given his backing to Bill Shorten but has called on him to expand rights to strike if he wins the election.
Royal commission opponents backtrack
Former deputy prime minister Barnaby Joyce leads a growing list of leaders repudiating their opposition to the banking inquiry.
PM shrugs off new China threat, woos Pacific islands
Malcolm Turnbull has played down renewed threats by Beijing to Australia's trade, saying Australia's interests must come first.
Trump warns summit with Kim could be scrapped
The US President declared that he would scrap the planned summit, or even walk out of the session while it was underway, if his diplomatic overture was not heading toward success.
Japan vice-minister quits over harassment claim
A senior Japanese finance ministry official has resigned after being accused of sexual misconduct in the latest embarrassment for Prime Minister Shinzo Abe's embattled government.
US, China seek allies in trade war
The US and China look to be preparing for a protracted confrontation over trade and investment as they each try to line up allies for their cause.
Mamma Mia! US debt-to-GDP ratio set to beat Italy's
The US debt-to-GDP ratio is projected widen to 116.9 per cent by 2023 while Italy's is seen narrowing to 116.6 per cent, according to the latest data from the International Monetary Fund.
Adios to 60 years of the Castros
Miguel Díaz-Canel, 57, is poised to take over what may be this island's toughest job - being the first Cuban leader in nearly 60 years who is not a Castro.
Personal Finance
Company tax cuts would secure prospects, survey finds
Half of businesses taking part in a new survey have backed the Coalition's push for lower company tax rates in Australia, calling for reductions of an average 6.7 percentage points.
Why some landlords won't rent to lawyers
If you are a landlord – or the less feudal term "property investor' – do you think of your tenants as assets or liabilities?
Maggie Beer Products in share revamp
The company that owns a 48 per cent stake in the battling Maggie Beer Products gourmet foods business has undertaken a big share consolidation.
Lawyers positive on insolvency law shake-up
Sweeping reforms to insolvency laws and regulations are set to benefit distressed Australian companies that are attempting to negotiate a sale and avert going into administration.
Deutsche Bank COO latest in string of exits
The tumult at the top of Deutsche Bank that led to the ouster of chief executive officer John Cryan last week has now claimed its chief operating officer and head of investor relations.
CBA reputation hammered by scandals
Commonwealth Bank's corporate reputation has taken a battering an exclusive survey shows, but BHP has leapt up the charts.
Ernst & Young US faces sexual harassment complaint
Ernst & Young US is facing a sexual harassment complaint from one of its partners, claiming the world's third largest accounting firm failed to respond adequately to misconduct allegedly witnessed by other senior people at the firm.
Lifestyle
New standing seats to squeeze 20pc more people into planes
Didn't think planes could get any more cramped? Think again, if these new "standing seats" ever see the light of day.
