ASIC is taking NAB to court.

ASIC sues NAB over fee for no service

The corporate regulator has launched civil action in the Federal Court against NAB after the banks charged superannuation members fees for services that were not provided.

ANZ, CBA lift interest rates 

ANZ and Commonwealth Bank have followed Westpac in lifting interest rates citing wholesale funding costs, business performance and market conditions.

Telstra CEO Andy Penn is betting on 5G to lift the company back to growth.

Telstra taps exec to capitalise on 5G

Deutsche Telekom's Christian von Reventlow will be the man charged with delivering the products and technology needed to get Telstra out of its earnings rut.

Microcap boom.

A masterclass in microcap IPOs

Step forward a cottage industry of brokers, promoters and hedge funds that will sell your story to punters for a fee, some options or just goodwill. Welcome the colourful adventure of microcap floats.

The Australian sharemarket could slip to a two-month low during trade today.

ASX falls further despite rate hikes

The Australian sharemarket has dropped further through the afternoon despite Commonwealth Bank and ANZ shares lifting after they hiked their variable interest rates.

Global investors flock to Aussie bonds

Offshore investors piled into Australian government bonds over the three months to June, as the accelerating economy makes our securities more attractive.

Opinion

Jennifer Hewett

Liberals miss Bishop's political style

Right down to the red high heels in which she stood to announce her resignation, Julie Bishop's approach was a defiant challenge to her colleagues to show that they might not understand her cultural message but millions of others did.

CleanCo driving Qld renewable target

The Queensland government will not release studies that claim a new renewable energy generation company, CleanCo, will save households $70 a year on their electricity bill.

Boom hands Scott Morrison ammunition.

Boom gives Morrison freer hand

An economy growing at its fastest pace since the mining boom has given the new Prime Minister ammunition to pursue vote-winning policies without blowing the budget.

Did Mike Pence write that anonymous New York Times essay about Donald Trump?

'Proud' NYT explains why it published essay

It was a highly unusual move that reverberated inside the West Wing and across the media spectrum, which took less than 90 minutes to set off a frenzy in the White House and abroad.

Personal Finance

At least 260 million children globally do not attend school.

BHP to spend $72m to boost education

The BHP Foundation says the money will be spent over three years in resource rich but socially poor regions of a number of countries, including in Australia.

Rinehart catching up to Pratt on Top 500

Anthony Pratt's Visy has stayed atop IBISWorld's Top 500 Private Companies list for the ninth year in a row, but Gina Rinehart's Hancock Prospecting is gaining.

Lifestyle

'Moneyland' is a must-read on wealth

A new book reveals how the global rich now move their money, their assets and themselves wherever they wish, choosing which countries' laws they wish to live by