'Past' CBA board failed to question CEO
CBA chairman Catherine Livingstone told the royal commission that she was 'quite surprised' by the lack of questions from the 'past' board to senior mangement. Follow live here.
Myer urged to reach 'detente' with Premier
Leading fund manager John Sevior has urged embattled Myer to reach a 'detente' with Solomon Lew's Premier and appoint one or two of his nominees.
China accuses US of 'spoiling' APEC party
China has accused the United States of spoiling the Asia-Pacific Economic Cooperation (APEC) leaders summit by attending with 'great anger'.
Comyn throws Narev, Turner under a bus
This was a good morning for CBA CEO Matt Comyn, who has built up an image of someone who actually campaigned inside the bank for product reforms that would have protected customers.
Markets Live: ASX drops to 20-month low
The S&P;/ASX 200 is down 0.8 per cent this afternoon as the tech, health and consumer discretionary sectors underperform. Consumer staples and materials are better.
HSBC turns negative on house prices
HSBC chief economist Paul Bloxham said the falls in house prices were larger than previously forecast but to date had been 'orderly'.
IMF backs RBA's reluctance to raise rates
The IMF welcomes the cooling housing market, wants a higher GST and urged the government to stick with its budget surplus plan.
Narev to Comyn: 'Temper your sense of justice'
Commonwealth Bank CEO Matt Comyn met resistance from his former boss when he tried to protect customers from a flawed insurance product.
RCR Tomlinson hit with class action from Quinn Emanuel
The bad news continues for engineering group RCR, which has been served with a class action lawsuit alleging it breached continuous disclosure laws.
AACo slumps to $68m loss
Australian Agricultural Company has slumped to another big loss after a decline in the value of its cattle herd and an increase in costs linked to drought.
KPMG sizes up Grant Thornton
Big four accounting firm KPMG has made an approach to buy mid-tier audit, tax and advisory firm Grant Thornton Australia.
A2 Milk four-month revenue rises 41pc
The a2 Milk Company said revenue rose 41 per cent in the first four months of FY19 but warned it would slow in the months ahead.
Mining services ripe for M&A;: EY
A buoyant resources sector is breathing life back into the mining services sector and could trigger a wave of exits from private equity players, says EY.
ASX touches 20-month low
The ASX touched a level not seen since February 2017, with technology stocks hit hard and companies exposed to housing in Australia and the US also selling off.
Bitcoin dives below $US5000 as cryptocurrencies plummet
The slide in cryptocurrencies has accelerated amid speculation that increased regulatory scrutiny will prompt issuers of initial coin offerings to liquidate holdings.
Wall St hoping for some good news
Weeks have become months in measuring stock market pain. What can heal it? It's easier to list the things that have failed.
Buy-the-dip is failing in S&P; 500
For the first time in more than a decade, buying the dip isn't working in the stock market.
Opinion
Comyn the Reformer throws Narev under a bus
This was a good morning for Commonwealth Bank chief executive Matt Comyn, who has built up an image of someone who actually campaigned inside the bank for product reforms that would have protected customers.
CommBank's profit priority is revealed
After Matt Comyn's explosive evidence to the royal commission, it is clear that he not only knows where all the conduct problems occurred at CBA but was involved in most of them somehow.
'Not much to report' on broker pay: Comyn
CBA's chief executive was brutally honest about the banking industry's plan to stop paying mortgage broker commission based on loan sizes. There isn't one, he told the banking royal commission.
Scott Morrison still has a fighting chance left
But the PM's Liberal Party have to remember what they are actually stand for: lower taxes, lower spending, promoting exports and giving room for the private sector to flourish.
Hacking back only way to stop China
Targeted cyber attacks and a strong deterrence capability are the most effective way of prevent countries continuing to steal Australian commercial secrets, according to a former director of the FBI.
Police, ASIO foil terror plot to kill as many as possible
A joint Victoria Police, Federal Police and ASIO task force has foiled a plot by three men from Melbourne's northwestern suburbs to kill as many people as possible in a terror attack on a crowded place.
Chinese spies responsible for surge in hack attacks
China is flagrantly disregarding an agreement not to steal commercial secrets, according to Australia's intelligence agencies.
'Enough, enough, enough': Morrison flags cut to migration
Scott Morrison is considering cutting immigration numbers to prevent over- crowding in Australia's biggest cities, saying "the roads are clogged, the buses and trains are full".
Barley growers dismiss Beijing's anti-dumping claims
China has launched an anti-dumping investigation into Australian barley imports in what analysts say is a warning from Beijing that Canberra should not side with the United States over trade or regional security.
Ghosn arrest exposes Renault-Nissan cracks
The shock news of Carlos Ghosn's arrest in Japan was barely a few hours old when cracks began to appear in the automotive alliance that the globe-trotting executive had skilfully held together for almost two decades.
A deal between Trump and Xi will not last
Even if the G20 summit sees Mr Trump agreeing to defer his plans to increase tariffs on China, a trade truce may not last for long given the backdrop of growing superpower rivalry.
Chicago skyscraper lift plunges 84 floors with 6 people
The group in the elevator had gone up to the 95th floor and had chosen the express elevator on their way down. But suddenly, it started moving a little too fast.
Elon Musk hints at electric van in response to critics
Elon Musk has floated the idea of working with a familiar ally on electric work vans after being guilt-tripped on Twitter for using fuel-burning vehicles to service Tesla models.
I served under 8 commanders in chief. Trump is unfit
Donald Trump's actions and behaviour have led service members and veterans to question whether he really understands what a commander in chief is.
Personal Finance
NAB launches BIG plan to improve loan quality
NAB is promoting a range of discounts and special offers as it prepares to roll out a program intended to improve the quality of financial information provided by loan applicants.
Warning: Seasonal effects on sharemarkets are universal
A seasonal bias should be occurring about now. This has important implications for Australian investors.
Why inviting your kids into SMSF is a bad idea
While family members in accumulation mode could help soften the impact of Labor's franking credit plan, don't make it your first option.
William Cox to become Aurecon global CEO
William Cox will become the next global CEO of Aurecon and aims to double the size of the engineering firm's consulting division over the next five years to be worth 30 per cent of revenue.
How workplace rivalry can become a fragile friendship
Co-operating with a competitor is a risk we should think about taking more often, writes Pilita Clark.
Call to waive confidentiality at sex harassment inquiry
Major employers in the professional services and banking industry have said they are open to waiving confidentiality restrictions to allow current and former employees to give evidence at the ongoing sexual harassment inquiry.
Corporate leaders miss out on social media
Study finds that 69 per cent of Australia's top 100 corporate leaders have no activity or followers on LinkedIn, while 76 per cent do not use Twitter.
Lifestyle
This is an acclaimed car, but who buys it?
The 2019 Genesis G70 has earned critical acclaim from the likes of Car and Driver and CNET, and high ratings from J.D.Power and Consumer Reports. It was even nominated as the 2019 Motor Trend Car of the Year.
David Rowe's cartoon
