Brenner's exit won't stop AMP's bleeding
The chairman's resignation and a laughable cut to directors' pay won't cauterise the bleeding at AMP, which will face a fight to keep and win customers.
Angel investors raising $20m to back start-ups
Investible, a fund that has relied on a group of "super angels" to back early stage start-ups is halfway through closing its first big fund, claiming it is outperforming other local VCs.
Brenner, Salter leave AMP, board fees cut
Catherine Brenner has resigned as AMP chairman. The board has cut director's fees 25 per cent and announced the departure of counsel Brian Salter, saying it was "disappointed" about the extent of his interaction with Clayton Utz.
Markets Live: ASX opens higher on banks
The share market has opened higher this morning, driven by the banks.
Blue Sky LIC in buyback as director exits
Blue Sky's listed investment fund is seeking an independent director and will buy back units after a 15 per cent decline in its share price.
Why Alphinity's Andre likes Oz Minerals, Costa
Alphinity Investment Management portfolio manager Stephane Andre is on the lookout for undervalued companies with specific potential price drivers.
For AMP, CBA governance takes centre stage
Culture and governance will take centre stage this week as the AMP board continues to grapple with the gravity of the royal commission and CBA faces a landmark report.
'I feel as if I am reading about someone else' - former ANZ planner
Financial adviser Chris Harris says he is unaware of any client complaints against him and is "deeply hurt" and "totally stressed" by evidence given to the banking royal commission.
Origin Energy enjoys higher gas prices
Higher prices for both domestic gas and export LNG have boosted Origin Energy's gas business in the March quarter.
LNG exports resume at $25b venture
The LNG venture in Papua New Guinea has resumed gas exports and expects to be back to full production in May.
Domino's store splits fail franchisees
If recent analysis is right and Domino's fails to reach its 1000 store target, its growth prospects will be much lower.
Alinta lobs bid for AGL's Liddell
Alinta Energy has gone ahead with what it says is a "compelling" bid for AGL Energy's ageing Liddell coal-fired power plant in NSW.
Buy, hold, sell: Five microcap stocks
Centennial Funds' Matthew Kidman talks with Andrew Smith from Perennial and David Allingham from Eley Griffiths about a stocks they reviewed a year ago.
Credit Suisse's best stock picks as bond yields rise
Circuit board software firm Altium, miner BHP, Challenger and Computershare are good bets at a time of rising bond yields says Credit Suisse.
ASX set to open flat as caution prevails
Australian shares are poised to open little changed to start the week, as investors await a wave of corporate results and AGMs. The RBA is meeting, too.
US earnings perfection hard to improve upon
US corporate profits are so good, it's easy to forget how much of the gains are cyclically influenced, leaving investors are wondering if this is as good as it gets.
Opinion
Brenner's exit from AMP unlikely to be the last
It's heads-on-sticks time in financial services in general and at AMP in particular.
For AMP, CBA governance takes centre stage
Culture and governance will take centre stage this week as the AMP board continues to grapple with the gravity of the royal commission and CBA faces a landmark report.
Five big reporting season questions for the banks
It's hard to remember a bank results season where the actual results mattered so little.
French hostility leaves Mr Senegal on a limb
Eramet has made a $269 million takeover bid to the shareholders of Mineral Deposits, the Senegalese minerals sands miner.
Catherine Brenner right to quit: PM
Prime Minister Malcolm Turnbull warns directors and CEOs found doing the wrong thing in the financial services sector will be brought to account.
Victorians promised a big-spending budget
The Victorian government will deliver a healthy $1.4 billion budget surplus on Tuesday with big pre-election spending planned on infrastructure, skills, health and education.
Hayne reopens financial advice reform
The banking royal commission has flagged reforms to the structure of the financial advice industry that would trigger major restructures for the four banks and AMP, and slash billions from revenues.
Budget can afford $8b worth of tax cuts
The Turnbull government has fiscal space to offer tax cuts worth up to $8 billion in next week's budget without jeopardising the planned return to surplus,
Super guarantee at 12pc leaves poor worse off
Raising the superannuation guarantee to 12 per cent would actually leave low-income earners worse off in retirement, new research claims.
Time running out for steelmakers in US-China trade row
Mexico, Canada, Argentina, Brazil and the EU all have until Tuesday to negotiate alternative arrangements to tariffs pegged at 25 per cent on steel and 10 per cent on aluminium.
Bill Gates: pandemic could kill 33 million in 6 months
Bill Gates says the US government is falling short in preparing the nation and the world for the "significant probability of a large and lethal modern-day pandemic occurring in our lifetimes".
Theresa May loses key ally, Rudd over immigrant quotas
UK Prime Minister Theresa May loses her fourth cabinet minister in six months, this time her key Brexit ally, Home Secretary Amber Rudd, the BBC reported.
Nail-biting time for Aussie steel as US tariffs kick in
Australia thought it had a deal but the Trump administration is talking tough ahead of Tuesday, when the new tariffs kick in.
Trump's meeting with Kim Jong Un in 'three or four weeks'
It remains to be seen whether North Korea will meet Trump's demand to give up its nuclear weapons and missiles.
Personal Finance
Bankwest clients search for answers
Bankwest borrowers who had loans defaulted in the aftermath of the financial crisis are hoping the royal commission will consider the motivations for CBA's actions.
Sydney auction clearances cool
Sydney's auction clearance rate has dipped below 60 per cent again for the second time this year, as tighter funding crimps demand and sellers continue to hold hope for higher prices.
Rental affordability worsens for low earners
Deteriorating affordability is a national productivity problem as well as an issue of equality.
Why listeners are better than talkers
Building an environment of trust means recruiting a diverse team high on empathy, says Janus Henderson's Carmel Wellso.
Foodora emails reveal 'sham contract' concerns
Leaked emails from Foodora management have revealed concerns that it is at risk of "devastating" legal action over sham contracts.
Andrew Forrest's rugby dream starts Friday
Andrew Forrest has two things going for him when it come to his quest to relaunch the Western Force rugby union team: money and supreme confidence.
Gonski 2.0 a rebuke to 20 years of education experts
Gonski 2.0 contains a rebuke to education experts and governments over almost two decades.
Lifestyle
This Ferrari has a $1m update that makes it unique
David Lee, owner of the $US300 million watch and an investment empire, also owns more than $US50 million of the world's rarest cars. But he wanted something rarer.
