Banks put profits before people
Royal Commissioner Kenneth Hayne has skewered greedy banks and lazy regulators in his three volume interim report released on Friday afternoon.
Royal Commissioner Kenneth Hayne has skewered greedy banks and lazy regulators in his three volume interim report released on Friday afternoon.
Sydney's housing market is no longer in bubble territory as taxes and tighter lending put a brake on prices: UBS.
As the market clock ticks closer to midnight, it's high time that investors begin thinking about preparing for the next big downturn.
The shares of the major banks have soared following the release of the interim report from the royal commission, lifting the benchmark index.
On the hunt for a property? A survey of who is renovating where can be a good guide to promising suburbs.
New acting chairman Kirstin Ferguson said independence was her priority and she vowed to stay out of editorial processes.
Mortgage lending is growing - and faster than inflation while household debt has risen to 190.5 per cent of household income.
The big four banks are retreating to safer borrowers with bigger deposits and demonstrable capacity to repay their loan principal, analysis shows.
Nicholas Moore and successor Shemara Wikramanayake are being labelled "persons of interest" in a dividend trading case being investigated by German authorities.
Come November, more than 350,000 casual workers will see a big jump in their Saturday and evening pay rates.
Westpac hauled each of its 40,000 bankers into urgent briefings by CEO Brian Hartzer this week as it tries to get on the front foot ahead of Friday's royal commission interim report.
This is how the Hayne royal commission is stage-managed for the optimum effect.
NZ Super has cemented its reputation as one of the world's top sovereign funds after returning 12.4 per cent over the financial year.
The US Securities and Exchange Commission filed a lawsuit against Tesla chief Elon Musk, in which it alleges securities fraud, according to online court records.
Royal Dutch Shell and its partners are set to announce a final investment decision on their $42.5 billion LNG terminal in western Canada as early as next week.
A backlash against the world's reserve currency may be brewing as rivals to America look to weaken the US dollar's hold over the global financial system.
The record gap between US and Australian cash rates achieved Thursday morning passed with little fanfare in a market used to the extraordinary.
As the market clock ticks closer to midnight, it's high time that investors begin thinking about preparing for the next big downturn.
Scott Morrison pulled off what markets thought was "mission impossible" and saved Australia's AAA credit rating. The more important news is he also saved borrowers from an interest rate hike.
The implosions at the ABC are worrying symbols of the fracturing of the key institutions that are meant to serve Australians and underpin a democratic society.
Justin Milne has gone. The rest of the ABC board should follow him out the door, because as long as they remain, the spectre of political interference remains.
A stoush between the Morrison government and several states intensified on Friday as Victoria accused Canberra of "holding a gun to the head" of the states over schools funding.
Labor has rubbished Geoff Wilson's petition against plans to scrap cash payments for excess franking credits after nine opposition MPs received emails thanking them for signing it.
Remaining members of the ABC board are under pressure to resign for backing ex-chairman Justin Milne almost a week after being told he wanted journalists fired for political reasons.
Sydney developer Michael Teplitsky met up with key players accused in the Plutus tax fraud at the Grand Hyatt Hotel in Singapore, a court has heard.
Justice Will Alstergren will head the Family Court from December with a former Labor Attorney-General as his deputy.
The subject was supposed to be the selection of a new justice on the Supreme Court. Instead Thursday's showdown on Capitol Hill was a raw, scorched-earth confrontation across the nation's most emotionally wrenching divides.
President Donald Trump and his allies were shaken by Christine Blasey Ford's emotional appearance on Capitol Hill, but heartened by Brett Kavanaugh's forceful push-back against the woman who accused him of sexual misconduct.
In person, some of India's most powerful tycoons are surprisingly humble, writes author James Crabtree.
A dramatic day of emotionally wrenching testimony from the Supreme Court nominee and his accuser leaves a nation shattered and no winners.
Brexit ructions and preening leadership rivals will greet British Prime Minister Theresa May when she heads to her Conservative Party's annual conference this weekend.
On the hunt for a property? A survey of who is renovating where can be a good guide to promising suburbs.
What has led to such collective paranoia that we require security systems that wouldn't be out of place in a sci-fi movie?
NAB makes a tidy profit on the sale of it China trust joint venture but analysts say the bank's foray into the world's second-largest economy never lived up to expectations.
The focus on academic performance has created a blind spot for law graduates, says George Beaton
France's first lady is changing how the world views older women.
Law Societies around the country have taken aim at the "meagre" number of solicitors being appointed to superior courts and say the current system is creating "jobs for the boys".
With Jetstream's biggest advocate out any further work on Jetstream is unlikely. This has many breathing a sigh of relief.
Move over Marie Kondo, there's a new declutterer in town.
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