Investors ready for wave of buybacks
Selected Australian companies are set to buy back more of their shares, fund managers said, as legendary US investor Warren Buffett joined the share buyback bandwagon.
APRA 'does not accept' Hayne criticism
Wayne Byres has rejected the Hayne royal commission's scathing criticism of his agency's performance saying its princples-based approach was working.
China to remove trade barriers: Xi Jinping
President Xi Jinping has promised to further open up China to foreign investment and break down trade barriers in a keynote speech which emphasised the country's ability to weather a prolonged trade war with the United States.
Why Mumm built a rocketship
French champagne house Mumm's new advertising strategy has seen it capture a whopping 27 per cent of the market – up from 4 per cent a few years ago.
ASX snaps six-day winning streak
The sharemarket has kicked the week off with a loss, ending a streak that saw the market close in the black for six straight sessions.
Westpac now market leader in tech
If cloud computing is the future of banking then Westpac is well positioned to lead the way among the big four banks thanks to a $500 million investment in a new customer service hub.
Why franking credit refunds have to go
Dividend imputation must go back to its original design. The present system encourages people to be overweight on Australian shares, writes Chris Bowen.
Cochlear hit with $377m damages bill
Cochlear says it will appeal a shock $US268 million ($377 million) damages bill that is more than 17 times the amount it had set aside for the charge.
Buying from private equity no issue: Webjet
The boss of online travel booking group Webjet says short sellers are a ''sideshow'' and he's not worried about buying from private equity owners.
House price pain puts brakes on car sales
New car sales have dropped for the seventh consecutive month as households put the brakes on big-ticket discretionary purchases amid a property price slowdown that is hurting confidence.
Greencross recommends $5.55 a share TPG Capital offer
Greencross has recommended shareholders accept a $5.55 a share offer from TPG Capital.
Westpac profit flat in 'tough conditions'
Provisions for customer refunds and higher funding costs kept a lid on Westpac's profit growth with the bank reporting flat full-year cash earnings of $8.07 billion in line with expectations.
Markets Live: ASX closes lower at 5818
The S&P;/ASX 200 peaked in early afternoon then got pulled down by CSL, BHP and Cochlear in afternoon trading.
How the ASX looked before the bell
Australian shares are poised to edge lower as conflicting signals about the US and China trade war puts investors on the defensive.
Miners carry the hopes of ASX investors
With banks under pressure and growth stocks falling out of favour, the mining sector is once again carrying the hopes of ASX investors as the year limps to a close.
Rising wages bolster case for US rate hikes
US policymakers' plans to continue to gradually lift interest rates were bolstered by signs that wage increases are finally starting to gather speed.
US midterms shouldn't shake local markets
Australian shares are set to open the week lower ahead of the 2018 US midterm elections on Tuesday with most analysts forecasting the Democrats will win back control of the House of Representatives.
Opinion
China could be the loser in this cold war
Beijing is desperate for technology boosts to avoid the dreaded middle income trap. That gives the US a lot of leverage in the struggle between superpowers.
Westpac now market leader in tech
If cloud computing is the future of banking then Westpac is well positioned to lead the way among the big four banks thanks to a $500 million investment in a new customer service hub.
Frydenberg should have waited for Hayne
Treasurer Josh Frydenberg's early reappointment of APRA's boss sends a strange message given the important questions that have been raised by the banking royal commission.
APRA's Byres best to navigate bank storm clouds
APRA's Wayne Byres will have learnt valuable lessons from the royal commission uncovering misconduct by financiers.
Business backs 183-day rule for tax residency
Individuals spending 183 days or more in Australia should be considered resident for tax purposes regardless of their previous location, a review of rules has been told.
Australia in firing line as US goes to polls
America is indulging its worst protectionist instincts. We should be leading the way out, not joining in with foreign policy follies of our own.
Ausgrid denies it 'conspired' with government
Ausgrid executives say the utilities group is not responsible for the delays and cost blowouts on Sydney's light rail project.
Victorian budget takes $2.4b property hit
The Victorian budget has taken a $2.4 billion hit from the property slowdown, despite the state remaining in good economic health, a budget update shows.
Virgin to 'consult' further on veterans plan
Virgin Australia could drop controversial plans to offer veterans priority boarding and in-flight acknowledgement, after criticism by ex-service groups and One Nation leader Pauline Hanson.
China could be the loser in this cold war
Beijing is desperate for technology boosts to avoid the dreaded middle income trap. That gives the US a lot of leverage in the struggle between superpowers.
Midterms test America's economic divide
Companies, like liberals, are finding it much easier to speak out about social wrongs, real or perceived, than to correct economic ones.
Italy spending 'a recipe for Europe', says Di Maio
Italy's deputy prime minister believes Rome's controversial spending plans will become "a recipe" for reviving European growth.
New Caledonia sticks with France
A majority of voters in the South Pacific territory of New Caledonia chose to remain part of France instead of backing independence.
Trump midterms blitz a warm up for 2020
Propelled by the best wages growth in nine years and renewed warnings about illegal immigrants, Donald Trump embarked on a final three-day blitz of key Senate battle grounds.
Personal Finance
NAB no longer has lowest rates
NAB has raised standard variable rates for new borrowers, but in a change to the status quo, it is maintaining rates on hold for existing customers.
From $97,000 in debt to a 7-figure net worth via 1 hack
Wealth coach and lawyer Adeola Omole built a seven-figure net worth after paying off $US70,000 ($97,090) worth of consumer debt and a $US320,000 mortgage with her mantra "Spend passion, cut junk."
Edge or cloud computing: which is the best investment?
Proactive investing requires making choices that often demand a level of conviction about a decision many years ahead of its time.
Compensation caps outdated in #MeToo era
State and territories should end legal caps on compensation payouts for sexual harassment, described as a "hodge-podge of laws across the country".
Healthcare's disrupters waiting to pounce
Disruption in the healthcare sector is about making the sector more efficient, rather than gnawing away at existing businesses' profit streams.
Stul bets on Fortnite rise as Shopkins fade
The billionaire owner of Moose Toys, whose profit plunged one-third in 2017-18, has partnered with the makers of Fortnite in search of his next hit.
Why SA, Adelaide uni merger failed
The negotiating team had to contend with the leadership issue, which was complicated by the cultural differences of the two universities.
Lifestyle
The decline and fall of Derby Day
With sadness, we're calling it early: at Melbourne's Spring Racing Carnival, peak Birdcage is behind it.
