NAB board wants skin in the game
NAB executives got no long-term incentive shares in the four years to 2016 as the bank failed to achieve its hurdles. So will scrapping those perks benefit shareholders? Ken Heny says yes.
Consumers are sitting ducks in a car yard
Car buyers have been regularly exploited by sales people flogging them supplementary financial products.
China won't bow to US, Rudd warns
Kevin Rudd has issued a bleak warning: Beijing won't buckle to the Trump administration's trade demands, bolstering the prospect of a future military conflict.
Prospa's high interest rates fall as loan growth surges
The fintech pulled its ASX float but has beat prospectus forecasts and made a profit for the first time.
ASX poised to edge lower at open
Australian shares are poised to open lower, amid mixed trading on Wall Street. ASX futures were down 3 points at 6.45am AEST.
Offices, not apartments lift crane count to record
Australia's fast-growing population is driving demand for housing and infrastructure at unprecedented levels.
Bunnings to bring you nails online
Bunnings is preparing to launch a fully transactional online store and shift most of its product range online within 24 months,
Cycle surfing Peabody stalled by Queensland gas
Peabody Energy's smooth ride since dragging itself out of bankruptcy and surfing the coal cycle back to profitability has been interrupted by technical problems at its North Goonyella mine.
Frydenberg’s first big test on China
The Treasurer is a former investment banker but a national security hawk. He must adjudicate on China-linked investments into critical local infrastructure.
Youi's claims handling in shambles
Eighteen months after the natural disasters, policyholders are still waiting on Youi to complete the repair works. How the day unfolded.
NAB board gains more power over bonuses
NAB chairman Ken Henry says he's confident the bank's shareholders will support his overhaul of the senior executive remuneration framework.
Hayne sends bank customers to Amazon, Apple
Large technology companies like Amazon, Alibaba and Apple want to "own the customer" at the expense of banks.
Canadian dollar lifts on NAFTA bullishness
The Canadian dollar strengthened to its highest in nearly three weeks against its US counterpart, on optimism a NAFTA deal was within reach.
Thiel fund wins big on Tilray Stake
The massive surge in pot stock Tilray has delivered a multi-billion dollar windfall for a little-known private equity fund backed by investor Peter Thiel.
Surging US bond yields met with shrugs
The selloff in Treasuries that's taken the 10-year yield above 3 per cent isn't getting enough attention.
Copper rises to three-week high
Copper jumped to its highest in three weeks, boosted by a weaker US dollar after a new round of US-China trade tariffs proved not as costly as expected.
Miners lift ASX to two-week high
The Australian sharemarket rose for the third session in four as more positive trade headlines lifted mining stocks.
Opinion
Consumers are sitting ducks in a car yard
Car buyers have been regularly exploited by sales people flogging them supplementary financial products.
Paying the price for ignoring women
Call it political revenge. Call it belated political justice. Quite a few Liberal women are certainly exacting retribution – from Liberal men. Many others are quietly willing them on.
Cycle surfing Peabody stalled by Queensland gas
Peabody Energy's smooth ride since dragging itself out of bankruptcy and surfing the coal cycle back to profitability has been interrupted by technical problems at its North Goonyella mine.
NAB board wants skin in the game
NAB executives got no long-term incentive shares in the four years to 2016 as the bank failed to achieve its hurdles. So will scrapping those perks benefit shareholders? Ken Heny says yes.
Battle for the working woman's vote
The battle for the working woman's vote is under way and the government has indicated it will support superannuation breaks promised by Labor and go further.
Gig workers rather quit than be employees
A future of work inquiry wants to expand 'employment' definitions to capture the gig economy. But gig workers say they'd rather quit.
Dutton misled Parliament, inquiry finds
A parliamentary committee led by Labor and the Greens says Peter Dutton misled Parliament over his actions in the au pairs controvery and should be censured.
Profiting on RET credits? Coalition carries blame
Energy companies say they're making good money out of the RET and it's the government's fault.
Libs set up inquiry into Labor's 'retiree tax'
Labor's plan to axe cash payments for excess franking dividends will be scrutinised by Parliament's Economics committee as part a push by the Coalition to extract political mileage.
Poland offers 'Fort Trump' as name if US builds army base
Donald Trump says the US is looking "very seriously" at establishing a permanent military base in Poland - and Poland's president has offered $US2 billion.
China rules out weaponising currency
China has ruled out using its currency as a weapon and promised more equal treatment for foreign companies as it outlined ways to buffer the impact of the latest US trade tariffs.
Kavanaugh's reputation already ruined
Trump liked the way Kavanaugh looked. Like the bad girl in a 1940s melodrama, Kavanaugh was seduced - by power. Now he's ruined.
Fear, pride drive US-China trade war
They don't call them trade wars for nothing. The latest round of tit-for-tat trade sanctions between the US and China is driven by the same emotions of fear and pride that lead to real wars.
Trade war could last 20 years, Ma warns
Alibaba Group co-founder Jack Ma cautioned China's business and political leaders to prepare for the trade war with the US to last longer and have a bigger impact than most people think.
Personal Finance
Westpac slashes new borrower rates
The nation's second-largest lender will today slash lending rates by up to 110 basis points in an aggressive bid for new borrowers.
One-stop strata shop? No way.
Signing up with strata and building managers who are owned by your developer is at best lazy and at worst insane.
Why good savers are penalised by new super rules
Why have a framework that rewards only those who wait until the last minute? Incentives should be in place to help people finance their own retirement earlier.
Spotify Australia chief skips 'record label' claims
Spotify Australia might be licensing music directly from some artists but it will never be a record label, says managing director Jane Huxley.
Why laser clinics are rushing to WA
A state law change has drastically cut the price of laser hair removal, and skin clinic chains backed by private equity see a gold rush.
EY denies rewriting Allianz reports
EY has denied it made any "material changes" to a risk report about Allianz destined for the prudential regulator after executives at the insurer repeatedly lobbied for changes.
What franchisors and franchisees must know about exit fees
Some horror stories around "exit fees" have been heard at the franchising inquiry, but there are ways problems can be avoided.
Lifestyle
Sydney Contemporary art fair sets $21m record
A John Mawurndjul bark painting hidden under a bed for 10 years sold for an artist record $140,000 at last week's fair, which itself achieved a record $21 million in total sales.
