Triguboff sounds warning on the banks
![Harry Triguboff says using expenses to determine if someone can repay a mortgage is "the dumbest thing".](http://web.archive.org./web/20180605023520im_/https://www.afr.com/content/dam/images/h/0/g/c/r/q/image.related.afrIndexLeadWide.460x260.h10ys6.gshfrb.png/1528165053978.jpg)
Harry Triguboff says using expenses to determine if someone can repay a mortgage is "the dumbest thing".
Harry Triguboff says using expenses to determine if someone can repay a mortgage is "the dumbest thing".
Brisbane apartments and Sydney units in the northwest corridor have suffered the greatest decline in values since their peak, data from Corelogic shows.
The dollar fell after official estimates of how much exports would boost first-quarter GDP growth fell short of market expectations.
Speaking at the AFR Infrastructure Summit, Maryanne Graham from Western Sydney Airport Co has promised the airport will be rail-ready from day one. Follow it live.
New Retail Food Group CEO Richard Hinson has taken the knife to profit guidance, warning underlying profit will fall 54 per cent.
Former Nationals leader John Anderson has no intention of running for New England as Barnaby Joyce fights back.
The ASX has slumped early as the big banks and miners drop, while Mortgage Choice shares plunge 20 per cent.
The NSW Premier Gladys Berejiklian will release a 10-point plan to lower bidding costs and ease tensions with contractors later this week.
Commonwealth Bank chief executive Matt Comyn and chairman Catherine Livingstone have moved with a steely determination and efficiency to clean up the ugly allegations.
Australia's richest developer Harry Triguboff, criticises rivals' calls for tax breaks for at-market rental homes.
The Indonesian company primed to buy Rio Tinto's stake in the Grasberg copper and gold mine says it has obtained financing to execute the deal.
A new front has developed in the battle between Coles and Woolworths as both chains rush to implement ambitious new environmental and sustainability targets.
Even if the Italian government steers clear of any effort to leave the euro, it still seems likely to clash with the EU authorities over both fiscal policy and immigration, writes Gideon Rachman.
Bubble warnings are getting louder, but Goldman Sachs says there's a good reason why techs continue to outperform.
Apple's ascent toward the $US1 trillion market value level is mind-boggling, unprecedented and totally logical.
The ASX's futures trading platform is back up online on Tuesday morning, after an outage related to the accidental release of its fire safety system caused it to go down on Monday afternoon.
Commonwealth Bank chief executive Matt Comyn and chairman Catherine Livingstone have moved with a steely determination and efficiency to clean up the ugly allegations.
Matt Comyn would have finished Monday relatively satisfied at the value he has received for the $700 million Commonwealth Bank has spent to settle its anti-money laundering legal action.
Naturally, I am running late to get to The AFR National Infrastructure Summit. I blame Gladys Berejiklian's light rail project.
The only thing that would make this debacle worse is if the wrong lessons were taken from it.
Australia's worsening relationship with China is being tested again with the government criticising a decision by Qantas to kowtow to Beijing.
The NSW government will start publishing an infrastructure pipeline and share bidding risks with contractors to reduce cost blowouts on projects.
Unsolicited infrastructure proposals would be less controversial if they were part of an integrated transport plan, a Greens senator says.
Nationals are seething at Barnaby Joyce for saying "scum of the earth people" pressured his partner to have an abortion.
Malcolm Turnbull says farmers will ultimately have to adapt to the consequences of climate change.
James Mattis may have stolen the headlines at the Shangri-La Dialogue at the weekend, but the debut of the Indian Prime Minister could prove far more significant.
Florida's long-running effort to lure Wall Street hotshots is gaining traction thanks to a provision in the federal tax law that hits residents of high-tax states.
The two-wheeled vehicle whizzing around a Beijing test track is a mash-up of motorcycle, electric car, space capsule and smartphone. And engineer Zhu Lingyu believes it will be on public roads within two years.
KPMG will parachute in executives and cut up to 400 local jobs to rescue its South African business, following a client exodus over scandals.
The prospect of a summit between Donald Trump and Kim Jong-un is sharpening focus on the dividends should North Korea become plugged into one of the globe's most dynamic economic regions.
Investing in multiple markets can add diversification and reduce market-specific risk factors.
Thinking about investing in a specialist fund? Here is the lowdown on the four specialist products on offer.
A new breed of technology funds is changing how Australians invest in global tech companies. But they have unusual traits and potentially higher risk.
Workers want it. Bosses want it. Why is it so hard to work flexibly?
A mid-tier firm is offering a $1500 a year service that provides unlimited access to the firm's experts, amid a warning from the corporate regulator that "surprisingly few" companies are ready for a series of major new accounting standards.
Professor Kelly had to sell his previous start-up, Fibrotech, to global pharma giant Shire in 2014 because local funding for Phase II trials was hard to come by.
If airline chief executives never fly in their own economy class, why should we?
It's the mixing of the industrial and the artisanal that has come to characterise Truly Truly's critically acclaimed portfolio.
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