Blame to share in Prospa disaster
![Prospa co-founders and joint CEOs Beau Bertoli and Greg Moshal are the victims of bad timing, among other issues.](http://web.archive.org./web/20180609032530im_/https://www.afr.com/content/dam/images/g/u/h/x/8/0/image.related.afrIndexLeadWide.460x260.h115kd.gshfrb.png/1528510640835.jpg)
The reasons for Prospa's float disaster are murky, with various sources putting the IPO's demise down to bad luck, bad timing and conservative advice.
The reasons for Prospa's float disaster are murky, with various sources putting the IPO's demise down to bad luck, bad timing and conservative advice.
The criminal cartel proceedings around ANZ's $2.5b capital raising have blown open other issues in capital markets.
"There is a crisis of confidence, but not a crisis of fundamentals," says Yarra Capital's Dion Hershan.
After the 2016 double dissolution election, new voting rules and larger quotas are making crossbench prospects difficult to predict for the next poll.
Macquarie Group will be forced to defend the structure of employment contracts in its private wealth unit for the second time in as many years.
The ultimate middleman, China has plenty to gain if Tuesday's Trump-Kim summit goes smoothly.
The AFR has recorded a surge in digital readership to boost its overall audience to a record high of nearly two million readers.
Financial advisers face an extra 16 weeks of training to meet tougher education standards says UBS.
Australian woolgrowers are taking on the world of big pharma with pain relief technology developed for sheep that is now being trialled for use in humans.
Australian LNG exporters should escape the feared glut in supply this year, saved by record demand in China, but may need to brace for a price drop in 2019.
The founders of small business lender Prospa have blamed the decision to indefinitely delay on "a loss of momentum" around the deal following the dramatic decision to pause the $576 million IPO.
Trading volumes and Bloomberg data suggest Elliott Management might have been taking profits.
Currency traders are wagering that even a potential European Central Bank announcement on its timing for ending bond purchases will fail to keep the euro rallying.
Money managers once again cut bets on rising oil prices – the longest streak of declines since 2013.
US equities held on to a Friday afternoon rally as the risk-off sentiment that gripped investors late in the week subsided.
Royal Bank of Canada fired its US investment banking chief Blair Fleming because he failed to disclose that he was having an improper relationship with an employee.
The public broadcaster finds itself caught between a cranky government and commercial media organisations worried about their revenue.
As AMP and big bank shareholders gnash their teeth over the fallout from from the banking royal commission, some investors sniff a big opportunity.
A 1999 hybrid is one of the most debated investments on the ASX in high-net-worth circles. A call would leave some even more well off.
The latest bump in emerging markets is unlikely to become a crisis. But our ease with global debt sounds too much like the complacency of the past.
A task force to safeguard Australian elections from cyber attacks has been established as new foreign interference laws look set to get bipartisan support.
If the Coalition can manage to wrest back a marginal seat or two on Super Saturday, it could be tempted to go early to the polls.
A top US military commander would welcome Australia stepping up freedom of navigation activities in the South China Sea.
Queensland dairy farmer Brendan Hayden is caught in a perfect storm as drought takes hold across much of Australia.
Queensland's total debt is set to increase by $13.6 billion over the next four years to $83.1 billion as the Palaszczuk government borrows to cater for a growing population.
​President Donald Trump on Friday said Russia should be readmitted to the Group of Seven leading economies.
An unprecedented war of words has erupted between Donald Trump and leaders of some of America's closest foreign allies ahead of the G7 international summit.
Seasoned negotiators warn Americans should not conflate North Korea's interest in a peace deal with a willingness to give up its nuclear weapons.
China's isolation strategy on Taiwan is forcing governments and companies to respond.
Heading into the North Korea summit with characteristic bravado, President Donald Trump says "attitude" is more important than preparation.
A 1999 hybrid is one of the most debated investments on the ASX in high-net-worth circles. A call would leave some even more well off.
A key income-splitting method commonly used by traditional partnerships in law, accounting, engineering and medical firms is under threat.
You've got just three weeks to make the most of this year's entitlements for your retirement savings - make the most of them.
Consumers around the world are waking up to the fact that Facebook and Google's online empires are built on data they effectively gave away.
Alec Tzannes has no time for opinions. He prefers to deal with facts when it comes to urban planning, he tells Lunch with the AFR.
Professor Simon Haines, CEO of the centre, says the values they want taught are the values of the individual and free critical inquiry.
Ageing has an independent effect on life satisfaction, separate from factors such as health, wealth and other life circumstances.
Twenty years ago Sex and the City showed women that they didn't have to get married and that it was OK.
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