'Déjà vu' for tech stocks 'all over again'
Many professional investors see the similarities to the tech boom when Looksmart, Solution 6 and Sausage Software were all trading on stratospheric valuations that ended in tears.
Many professional investors see the similarities to the tech boom when Looksmart, Solution 6 and Sausage Software were all trading on stratospheric valuations that ended in tears.
After a day of high drama and a forced trading halt on the ASX, Myer revealed late on Friday that sales for the first quarter tumbled 4.8 per cent.
Investors with multiple assets will effectively be allowed tax breaks for interest expenses on some of their investments under Labor's proposed curtailing of negative gearing.
The US will partner with Australia to redevelop Papua New Guinea's naval base at Manus Island, dramatically ramping up the American presence in the South Pacific.
One of the nation's leading judges has predicted that barristers will soon face Trip Advisor-style rankings
When two former federal Treasury economists, David Chessell and Geoff Carmody, set up their own independent consulting firm 30 years ago Australia was in the midst of a golden era of economic reform.
The government is usually the master of its own political strategy but the timing of the next election is becoming more complicated by the day.
Since the royal commission began, 16 executives have lost their jobs, two businesses shuttered and one licence has been revoked. It's not over yet.
NAB chairman Ken Henry flagged the annual report will detail a new remuneration policy, designed to win back customer trust after the poor conduct uncovered by the banking royal commission.
Retail billionaire Solomon Lew, who holds a stake of 10.8 per cent in Myer which has halved in value since he acquired it in early 2017, said on Friday he wasn't surprised at the latest stumble because the retailer had lost its way.
Macquarie said to expect a 15 per cent lift in net profit this year to a record $2.9 billion after the ACCC approved the sale of Quadrant Energy.
Lendlease has appointed external advisers to help consider whether it should keep or sell its beleaguered engineering arm.
US stocks finished the day higher as trade hopes rose, but they couldn't compensate for a rocky week.
Federal Reserve policymakers on Friday signalled further interest rate increases ahead, but raised relatively muted concerns over a potential global slowdown
UK shares closed lower on Friday, ending a fragile comeback earlier in the session as banks extended heavy losses.
Veteran macro investor Scott Bessent says global growth could be ignited if China agrees to a trade deal with the United States and then stimulates its economy.
Scott Bessent, the man in charge of George Soros' investments, is optimistic President Trump and Xi Jinping will mend their ways.
When two former federal Treasury economists, David Chessell and Geoff Carmody, set up their own independent consulting firm 30 years ago Australia was in the midst of a golden era of economic reform.
The word of super-heroes and super-villains was rocked, biffed, bashed and kapowed by the inexplicable death of Marvel Comic's Stan Lee.
The government is usually the master of its own political strategy abut the timing of the next election is becoming more, rather than less, complicated by the day, writes Laura Tingle.
The response to the terror attack in Melbourne was immediate and the reaction in the aftermath was predictable. Less clear is how much the spectre of Islamist terrorism on our streets is changing Australia.
Shinzo Abe's visit to Darwin is historic for more than because he's the first Japanese leader to visit the city bombed during World War II.
Scott Morrison says business chiefs and world leaders need to proactively prosecute the benefits of open markets to lift millions out of poverty.
The largest state of NSW slipped below the national average, growing 2.6 per cent, as the drought hurt agricultural production.
Victorian planning minister Richard Wynne has been slammed for failing to meet a key housing pledge as he battles the Greens to retain his inner Melbourne Richmond seat.
Revelation that Bourke Street killer Hassan Khalif Shire Ali was out on bail for "routine driving offences" has sparked a war of political words ahead of next Saturday's election.
President Donald Trump said he is optimistic about resolving the US trade dispute with China after receiving a response to his demands from Beijing.
Veteran macro investor Scott Bessent says global growth could be ignited if China agrees to a trade deal with the United States and then stimulates its economy.
The cabinet's most senior pro-Brexit ministers say they want stability and the chance to deliver a good Brexit, rather than a change of leader.
An epic fail of find-and-replace highlights that the US Constitution requires that criminal trials be open to the public.
Theresa May already knew she was in for a gruelling day when met her staff in Number 10 at 8.30am on Thursday. Then the resignations started to come.
About half of new residential mortgage applications are being rejected highlighting the need for buyers to adapt to changing markets and conditions.
State premier turned bank executive Mike Baird has urged the superannuation industry to revisit the vexed issue of Australia's anaemic corporate bond market.
Major lenders are defending their 'responsible lending' credentials despite evidence that more than half of mortgage borrowers understate monthly spending.
Hollywood star Rebel Wilson failure in the High Court on Friday would "send a chilling message to plaintiffs," according to a leading defamation lawyer.
Trevor Sykes, former Pierpont columnist and Melbourne editor at The Australian Financial Review, has been inducted into The Australian Media Hall of Fame.
Dr Martin Raferty is using his knowledge as the chief medical officer of World Rugby to get injured workers back on deck.
If he's lucky, NSW's young Treasurer could become one of the substantive politicians of his generation, he reveals over Lunch with the AFR.
A century after it was built as the pride of a new nation, Australia House remains one of the nation's most impressive buildings on foreign soil.
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