Consumer stocks were among the best performing on the market today, following parliament's decision to cut income taxes.

ASX advances on investor confidence

The Australian sharemarket posted another strong day of gains as news of income tax cuts passing Parliament boosted investor confidence.

PM secures big win as tax cuts pass

The Coalition's income tax cut package has passed Parliament, securing the centrepiece of the federal budget and a significant win for Prime Minister Malcolm Turnbull.

Housing downturn shallow, short-lived

Australia's housing slump could prove short-lived, with solid jobs growth, loose monetary policy, decelerating supply and easing lending controls, helping to lift prices, a CoreLogic-Moody's analysis says.

Cyber capabilities grow but so do threats

The Defence Department is building cyber-offensive capability, giving it the ability to interfere with other nations' digital systems rather than simply defend against attacks.

The Australian market is poised to edge to another 10-year high on the market today.

ASX advances on CSL, banks

The Australian sharemarket has climbed well over the 6200 mark, advancing on the strength of index heavyweights such as CSL and the major banks.

Opinion

Jennifer Hewett

Andy Penn bets his future on 5G

Andy Penn believes 5G will be a massive opportunity for new economic value to be created and "the crucial question" is whether telcos can capture it. It's also a crucial question for Penn.

Personal Finance

The Reserve Bank governor would pick the experts to pick the top 10 default super funds, with help from the ACCC and ...

RBA governor to choose super fund experts

The Reserve Bank governor would pick the experts to pick the top 10 default super funds, with help from the ACCC and ATO, the Productivity Commission proposed on Thursday.

AMP chairman David Murray: "My immediate focus will be on renewing the board and strengthening our governance framework. ...

Board renewal Murray's top priority

David Murray formally started as chairman of under pressure AMP on Thursday, making board renewal and improving governance his top priorities.

Here come the uni mergers

Combining academic and back office functions looks increasingly appealing in the face of growing disruption.