Catherine Livingstone is the first bank chairman in the box.

CBA's complacent board culture exposed

CBA chairman Catherine Livingstone told the royal commission the board relied too much on senior executives and did not do enough to manage non-financial risks. How today unfolded.

IMF mission chief to Australia Thomas Helbling says tax incentives for leveraged real estate and shares, as well as tax ...

IMF wants more than negative gearing curbs

The IMF has signalled support for Labor's plan to curtail negative gearing, but warned that reducing tax breaks that encourage excessive borrowing must be part of a broader tax reform.

Comyn not satisfied with compliance

CBA CEO Matt Comyn says he would never be happy with the bank's compliance with anti-money laundering laws after a report last month raised 45 new issues alongside the 199 known ones.

CBA's complacent board culture exposed

CBA chairman Catherine Livingstone told the royal commission the board relied too much on senior executives and did not do enough to manage non-financial risks. How today unfolded.

CBA chief executive Matt Comyn said it was "reasonable" to conclude it may have to compensate extra customers who bought ...

CBA's compensation bills to rise

CBA chief executive Matt Comyn said it was "reasonable" to conclude it may have to compensate extra customers who bought inappropriate insurance products.

Ray Dalio sees parallels to 1930s

The world today looks most like the late 1930s, says Ray Dalio, the founder of the world's biggest hedge fund, Bridgewater Associates.

The Australian sharemarket touched a 20-month low.

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.

Opinion

The former head of the FBI says the threat of jail time won't deter Chinese hackers

Hacking back only way to stop China

Targeted cyber attacks and a strong deterrence capability are the most effective way to prevent countries continuing to steal Australian commercial secrets, according to a former director of the FBI.

Occupy Central leaders, from right, Chan Kin-man, Benny Tai and Chu Yiu-ming shout slogans before entering a court in ...

Hong Kong on trial as protest leaders face jail

More than four years have passed since Chan Kin-man and his fellow activists urged Hong Kongers out on to the streets to call for democratic reforms. Now they are on trial and the world is watching.

Donald Trump and Xi Jinping will meet at the G20 summit in Argentina for crucial talks that could culminate in a new ...

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.

Personal Finance

The turmoil created by Carlos Ghosn's downfall speaks to his outsize role in holding together a house he almost ...

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.

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.