Hayne exposes secret super fees
The murky realm of super administration fees has provided rich pickings for the Hayne royal commission where Suncorp was caught out charging members twice.
Wesfarmers profit plunges 58pc on UK exit
Wesfarmers' bottom-line profit plunged 58 per cent to $1.19 billion as the conglomerate counted the cost of its short-lived foray into UK hardware.
Whitehaven shows the climate warriors
As recently as February 2016, Whitehaven Coal was a local pin-up for the promoters of the stranded asset theory. But now MD Paul Flynn has turned it around.
Markets Live: ASX to ease, CSL profit surges
The ASX is set to take a breather, with futures pointing to a slightly weaker open, with earnings from Wesfarmers, CSL, Woodside and IAG eyed.
Results: Fairfax swings to a loss
Welcome to the AFR's reporting season blog. Results today include Wesfarmers, Woodside Petroleum and Fairfax Media.
Andrew Formica is the $1.3b man
Some $1.3 billion has been wiped off the value of Janus Henderson Group since the decision to appoint Dick Weil as the sole CEO.
Sydney rents fall as vacancies hit a 13-year high
Sydney's residential property investors have been hit with falling rents and rising vacancies as the country's largest city suffers an unexpected oversupply of new dwellings.
Woodside profit climbs
Woodside Petroleum posted a 6 per cent increase in first-half profit as chief executive Peter Coleman flagged a "growth and construction phase".
Amid uncertainty, Shoes of Prey investors lose 87pc
Investors that backed Shoes of Prey have had their investment written down to less than 13 cents in the dollar as it faces a last-ditch bid to secure a funding lifeline.
CBA faced $157m fine for super breaches
CBA's failure to properly plan for a mandated low-cost default super fund saw it breach superannuation laws 15,000 times, the Hayne royal commission has heard.
NAB admits to breaking law once every week
The bank has submitted breaches of its licence at an alarming rate according to its own analysis.
Cochlear eyes seniors and China market in growth push
Cochlear has decided to double the size of the manufacturing plant it is building in China as outstanding profit continues.
America's debt has exploded. Why does no one care?
The eurozone crisis showed how deficits don't matter, until they do. The US must summon political will before that happens.
Does taking Tesla private make any sense at all?
Here is the thing about Elon Musk's plan for Tesla to go private while keeping all the same shareholders. It makes no sense.
Bitcoin, Ether sink as ‘panic’ grips crypto investors
Bitcoin has touched below $US6000 and dozens of smaller digital tokens including Ether have retreated as this month's sell-off in cryptocurrencies showed few signs of letting up.
RBA should lower inflation target
The RBA is running discretionary monetary policy settings already, so why not just formalise a lower inflation target, asks Betashares economist David Bassanese.
Are markets to blame for Turkey's woes?
The populist playbook is to create a monster out of markets as a way to deflect blame from their own irresponsible policies. That will only make things worse.
Opinion
All steam ahead on energy
A win is a win. But the power market is so complicated that most voters will really just follow their prejudices as politicians on all sides try to exaggerate the benefits or the disastrous impact of particular policies on prices.
Whitehaven shows the climate warriors
As recently as February 2016, Whitehaven Coal was a local pin-up for the promoters of the stranded asset theory. But now MD Paul Flynn has turned it around.
Ready for an election over emissions?
Assuming the states sign off on the NEG, both Labor and the government are happy to have a fight over emissions targets all the way to the election.
Wishing renewables cut prices does not make it so
Labor's climate spokesman Mark Butler has seemingly turned the economics of the debate on its head.
'Ignorant and insensitive': Racist speech slammed
Both sides of politics have condemned the maiden speech of One Nation defector Fraser Anning, but he has refused to apologise and says he is being taken out of context.
Hostplus 'unashamed' by tennis splurge
Spending on corporate hospitality is a necessary evil, Hostplus chief executive David Elia told the Hayne royal commission.
Coalition, business look overseas on company taxes
Foreign Minister Julie Bishop and Bluescope chief Mark Vassella made the case for lower company taxes, despite a bill being unlikely to pass the Senate.
The private sector can save the reef, too
Business and philanthropic figures bristle at the idea that the private sector can't mobilise resources to help save the Great Barrier Reef.
Coalition, Labor in power struggle over electricity
The government and opposition are at odds of whether more renewable energy in the mix would help or hurt power prices.
Genoa bridge collapse kills at least 30
Firefighters searched for survivors and bodies amid the rubble of a motorway bridge that collapsed in the Italian port city of Genoa, killing at least 30.
Turkey's Erdogan makes some worrying friends
President Recep Tayyip Erdogan has threatened to end Turkey's alliance with Washington. His comments come as Vladimir Putin's foreign minister, Sergey Lavrov, is in town.
Catholic Church hid decades of child sexual abuse
Roman Catholic church bishops in Pennsylvania covered up child sexual abuse by hundreds of priests over a period of 70 years, a grand jury determines.
Turnbull's reset ends influence of China hawks
The past 18 months have been an aberration in a long history of balanced relations with Beijing.
China's economy cools further
China's economy is showing further signs of cooling as the US prepares to impose even tougher trade tariffs, with investment in the first seven months of the year slowing to a record low.
Personal Finance
At 28, I'm set to be a multimillionaire by retirement - even if I stop ...
"The Money Wizard" is a 28-year-old blogger and financial analyst whose current net worth is $US250,000. If he stopped saving today, his worth could hit $US2.1 million by retirement.
Money still on the table in never-ending Lehman short
It's been a decade since former New York hedge fund manager Whitney Tilson made millions by betting against Lehman Brothers before it collapsed.
Westpac advisers could face sharp drop in pay
Westpac has provided further details to its financial planners about a pay overhaul starting in October, despite delaying the move for a much smaller group of so-called partnership planners.
Why this top Singapore executive fired himself
Koh Boon Hwee overcame big crises during his four-decade career as a company executive. This may be the secret to his success.
ASIC should name poor quality audit firms: Deloitte CEO
The incoming chief executive of Deloitte Australia, Richard Deutsch, said the corporate regulator should name and shame firms that fall below an "acceptable threshold" of audit quality.
How Jim Ratcliffe became Britain's richest person
For someone who shuns the spotlight, chemicals billionaire Jim Ratcliffe - the UK's wealthiest person - has been in the news rather a lot lately.
What to do when your stand-in smashes it
Being upstaged by a stand-in is one of the great unspoken fears of working life.
Lifestyle
New simple treatment for high blood pressure
Australian researchers join the dots and find a transformational treatment for high blood pressure that could be effective globally.
