Seeing the GFC but not what came after
!["If you knew that QE was not going to be inflationary there was a bell being rung for one of the greatest bull markets ...](http://web.archive.org./web/20180910175403im_/https://www.afr.com/content/dam/images/h/1/4/y/v/3/image.related.afrIndexLeadWide.460x260.h1536h.gshfrb.png/1536582001526.jpg)
Ashok Jacob had the foresight to anticipate the financial crisis and limit investor losses by taking out insurance in the options market. But he admits his mistake was the Federal Reserve.
Ashok Jacob had the foresight to anticipate the financial crisis and limit investor losses by taking out insurance in the options market. But he admits his mistake was the Federal Reserve.
The Hayne royal commission began its latest round of hearings with a tawdry tale of unchecked greed and duplicity that would make even a banker blush.
If the future of Australia's superannuation sector revolves around a handful of mega-sized industry funds, each with more than $200 billion in assets, then Canada's pension industry provides the ideal place for some crystal ball gazing.
Labor will take the NEG or something similar to the next election as new data showed prices had jumped since the policy was scrapped.
Apartments are now selling faster relative to houses in Sydney and Melbourne as the larger market of first-home buyers focuses on affordability.
Insurer and wealth manager ClearView has admitted to more than 300,000 breaches of anti-hawking laws and selling lower quality life insurance policies to poor people on the first day of insurance hearings.
No crisis may be 'imminent', but the RBA has little to offer on how we can escape record high debt levels before our luck runs out.
Resources Minister Matt Canavan will meet with gas industry executives this week regarding the Australian Domestic Gas Security Mechanism.
ClearView deliberately targeted customers from lower socio-economic backgrounds with more expensive policies, but abandoned the model only after it realised that the regulator was about to turn up the heat.
Telstra says its plans to roll out 5G infrastructure early will give it an edge. Optus and Vodafone say it is a waste of time.
Airports have told the Productivity Commission they are not abusing their market power and do not need more regulation.
Not only did ClearView's life insurance sales tactics make no money, they also led to 300,000 criminal breaches of the Corporations Act.
Stocks and currencies in Australia and elsewhere are buckling under the rising trade tensions between the US and China.
The risks to banks and households are 'high' after a 30-year debt binge, but a robust economy and falling unemployment mean widespread financial distress among households is not on the horizon.
The Australian sharemarket has fallen for an eighth consecutive session, its longest losing streak since 2016.
Ramelius Resources has added fuel to the fire under merger and acquisitions in the gold sector with an aggressive $59 million bid for a junior explorer sitting on a 485,000 ounce ore reserve in Western Australia.
The ASX closed at 6141.7 this afternoon, down 2 points and at a value not seen since mid-June.
Andrew Bragg's decision to withdraw from running for Malcolm Turnbull's former safe seat of Wentworth is the latest example of politics turning somersaults in Liberal partyland.
Managing the crazy-quilt administration as effectively as did Mr Turnbull and Julie Bishop did will take some skill.
Senior counsel assisting Rowena Orr started the banking royal commission's insurance round with a laundry list of misdeeds by Australia's top insurers.
NAB's shareholders have two reasons to be nervous about Andrew Thorburn's strategy to not raise its standard variable home loan rates.
A full house watched Scott Morrison step up as prime minister but Julie Bishop stood out on the backbench.
The Liberal Party has pushed aside the preselection frontrunner in Wentworth after internal research showed a female candidate stood a better chance of winning.
Peter Dutton has again denied misleading Parliament over the growing au pair scandal, despite an email showing a former police colleague greeted him by name.
It took the prospect of losing a parliamentary majority to get the Liberal Party to take its women problem seriously.
Coalition MP Warren Entsch has seen text messages sent to colleagues by high profile media commentators that were hateful of Malcolm Turnbull and demanded he be dumped.
As the boss departs under a sexual harassment cloud, the market is wondering if America's number one network can survive on its own.
In 2013, Slovenia rescued its failing banks by wiping out stock investors. Now some of those investors want their money back.
Governments are cutting incentives as prices drop, and renewables are competitive with fossil fuels in more places.
The British PM's Conservative Party faces a "catastrophic split" if she persists with her proposals on Brexit, which 80 or more of her lawmakers are prepared to vote against, a former junior minister said.
US vice president says he's "100 per cent confident" that no one on his staff was involved with the anonymous New York Times column criticising President Donald Trump's leadership.
Rich Lister Rod Jones says too many stocks are trading at high valuations. He's also selling property, arguing prices will continue to soften along the east coast.
National Australia Bank could steal some market share from its bigger rivals after deciding to hold its standard variable rates.
Stefan Mandel, a Romanian-Australian economist, developed a formula that's allowed him to win the lottery 14 times. It's a six-step process designed to hack the system.
AFR BOSS Magazine talks to three women at the top of their game about getting ahead.
Business groups are resisting a push by federal Treasury for the Hayne royal commission to recommend the annual election of directors, limit terms and impose restrictions on board seats.
Victoria University in Melbourne has appealed to staff to agree to more staff hours and streamlined dispute settling processes, but the NTEU says the deal "takes away staff and rights".
Most of those programming artificial intelligence bots are men and we got docile female virtual assistants, happy to be obedient in the face of rudeness.
Indian technology consultancy Infosys is the new technology partner of the Australian Open tennis tournament.
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