The day the GFC came to Australia
![Catherine Allfrey of WaveStone. Ten years ago it was a much smaller investment manager, but it had a front-row seat to ...](http://web.archive.org./web/20180911211318im_/https://www.afr.com/content/dam/images/h/1/5/7/s/q/image.related.afrIndexLeadWide.460x260.h1526q.gshfrb.png/1536668145685.jpg)
Catherine Allfrey remembers Warren Buffett would appear on CNBC regularly preaching calm. "And then the market would lurch another 3 to 5 per cent down."
Catherine Allfrey remembers Warren Buffett would appear on CNBC regularly preaching calm. "And then the market would lurch another 3 to 5 per cent down."
The dividend crown was well and truly seized by the miners in 2017-18, new analysis from Bell Potter's Richard Coppleson shows, and it's BHP Billiton which has done the heavy lifting.
ASIC demonstrated an extraordinary clemency when it comes to meting out punishment to the financial firm ClearView.
The systemic rip-offs in the life insurance market have been piling up for decades and the ugly situation is a result of a combination of factors unique to Australia.
Blackstone's young gun Chris Tynan and Oxford's property veteran Paul Brundage are slugging it out for the $3.3 billion listed landlord Investa Office Fund.
Australian stocks are poised to edge lower at the open, reflecting weakness in base metals and miners.
Fallout from Bob Woodward's damning White House book has continued with former Trump advisors pushing back, somewhat, about how they were portrayed.
The direct insurance business model is in doubt after extraordinary revelations that it sells worthless policies using illegal methods to people who don't understand them.
Twitter's user numbers may be falling as it kicks bots and hate speech off the social media platform, but it's still managed to strike a suite of new deals with Australian media and entertainment organisations
Qantas Airways is seeking an independent regulator to manage price disputes with airports.
ClearView's chief risk officer Gregory Martin has admitted that it is virtually impossible to sell life insurance over the phone in compliance with the relevant financial services laws.
Baptist pastor Grant Stewart was forced to cancel his disabled son's debit card after a call centre operator from Freedom Insurance's boiler room sold him a package of worthless insurance.
Crude and gasoline posted the biggest gains since late June as Hurricane Florence threatened US East Coast fuel markets and sanctions began crimping Iranian oil exports.
A sixth consecutive day of declines took European miners to a bear market, and analysts predict more tough times for the sector.
Nickel hit an eight-month low as speculators added bearish positions against the backdrop of persistent international trade concerns.
Major bank payouts have only gone backwards three times over the past 39 years, and fears they will soon be cut again are overblown, an analyst reckons.
The CSIRO's innovation fund Main Sequences Ventures has raised an additional $132 million for its first fund with big investors such as Lockheed Martin and Hostplus.
Senior counsel assisting the royal commission, Rowena Orr, QC, is seething. Before her sits Craig Orton of Freedom Insurance. And a metaphorical dog appears to have eaten his homework.
It is hard to believe that the Australian Competition and Consumer Commission might do anything but green-light the $13 billion takeover of APA Group by Hong Kong's infrastructure Pac-Man.
The NEG was by no means perfect, but it was a policy that had the support of virtually the entire business community and near-bipartisan support.
So the National Energy Guarantee is officially pronounced dead on arrival by the Coalition only to be resurrected in some form by a Labor Party that has spent months criticising its failings. Confused? Join the queue.
The Nationals are trying to woo former deputy leader Fiona Nash to run for the marginal NSW seat of Eden-Monaro.
A controversial KPMG report that allegedly watered down criticism of hundreds of millions of dollars of tech spending at the Australian Bureau of Statistics was "excessively optimistic", according to a senior analyst.
Peter Dutton accused Labor of having its own Godwin Grech moment and mistakenly trusting claims made by former Border Force boss Roman Quaedvlieg.
The government is boosting funding for its aged care cop to crack down on dodgy providers and will also bring forward $90 million to help improve the quality of aged care providers.
The Victorian government has signed up 928 megawatts in new wind and solar projects at what low prices in the first tender of state renewable energy target scheme.
Chancellor of the Exchequer Philip Hammond confirmed that Mark Carney would stay on as BoE governor but warned time was running out to secure a Brexit agreement.
With a second summit in the offing, the US has nothing to show: North Korea hasn't made a single move towards dismantling its nuclear forces.
The Morrison government says it has raised concerns with Beijing about the mass detention of Uighur Muslims, but on Tuesday declined to say whether it would consider imposing sanctions over the issue.
Sweden's most senior business leaders have warned that the country's competitiveness is at risk from an election that has failed to deliver a clear winner and is instead likely to produce a weak minority government.
Time and again Bob Woodward's new book shows Gary Cohn throwing hard facts, analysis and first-year economics arguments at the deaf ears of a 'Flat Earth Society' president.
Real estate worries keeping you awake at night? Use our 7 tips to get your portfolio in order.
HomeStart, which relies on wholesale markets for funding, is the first of the small lenders to increase rates in the wake of hikes by five of the six biggest lenders.
Those who remember the impact of Japanese woes on Australian fixed assets from 1989-1992 are concerned it could happen again.
Universities should brace for higher workloads, lower salary increases and, in cases where student numbers are low, redundancies, according to Melbourne University's Danny Samson.
An ugly strike led BHP to re-engage with its workers in a creative way.
Putting people ahead of outcomes is not only the right right thing to do, it keeps team members engaged and committed to doing their best.
There is much to be said for the polite goodbye. But a speech that completely ignores, say, the speaker's move to a bitter rival or a brutal forced exit has little to recommend it.
Vietnam is notably absent from the roll-call of Asian art nations grabbing global attention, but gallerist Suzanne Lecht is working hard to change that.
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