I'm not a car dealer: Hartzer

Westpac CEO Brian Hartzer arrives at the Royal Commission into Misconduct in the Banking, Superannuation and Financial ...

When asked to explain why Westpac allowed a car loan fraud to occur, Westpac chief executive Brian Hartzer refused to engage with the question, saying he is not a car dealer. Follow live here.

Livingstone's fleshed out – some would say revised – her recollections from Tuesday's evidence on a series of board ...

Livingstone vs Orr in battle of minutes

Rowena Orr hit Catherine Livingstone with the sensational suggestion that the bank had failed to meet its statutory obligations under the Corporations Act by not keeping accurate minutes from its board meetings.

ASX rallies through afternoon

Australian shares have rallied through the afternoon, led by CSL, Woolworths and Commonwealth Bank, lifting the market away from near two year lows.

Risks rise for investors

Life would be better for equity investors if the transition from quantitative easing and ultra-low interest rates was unfolding against a backdrop of solid economic growth. Instead, the global economy is losing momentum.

RBA's warning to white collar workers

Philip Lowe says workers 'don't feel happy' nor confident about their future prospects despite unemployment levels in many major economies being lower than they have been in decades.

CBA retail head Matt Comyn said the rate rises were due to rising "regulatory responsibilities".

How Comyn failed to sway Ian Narev

Future Commonwealth Bank chief executive Matt Comyn was worried a lucrative financial insurance program needed to be shut down by Commonwealth Bank. His boss, Ian Narev, wasn't convinced.

Seven lashes ASIC's Mitchell allegations

Seven West Media has rubbished allegations made by ASIC that former Tennis Australia director Harold Mitchell leaked confidential information to the network.

APA reassures on profits after bid blocked

The gas pipeline owner has confirmed its guidance for profits this year after the collapse of its $13 billion cash takeover offer from Hong Kong-based suitor CK Group.

RBA governor warns on bank scandals

Scandals in the finance sector and flat real wage growth over the last six years are undermining the public's confidence in important institutions, the RBA governor says.

Opinion

CBA's contradicting stories

The evidence given by Catherine Livingstone and Matt Comyn makes it look like they were the prime agitators for a change in culture over the past two years.

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.

Personal Finance

Year-to-date returns from US equities stand at 19.5 per cent in Australian dollar terms and 10.6 per cent in local currency.

Time to position for a falling US dollar?

A sea change may be happening in the currency markets, putting at risk the outsized returns that Australian investors have enjoyed this year and paving the way for portfolio rotation.

KPMG has held talks with Ferrier Hodgson partners.

KPMG looks to entice Ferrier Hodgson partners

KPMG is looking to recruit partners from mid-tier insolvency firm Ferrier Hodgson as part of a plan by the big four accounting and consulting firm to bring in more revenue and build up its skills turnaround space.

No one who followed Matt Comyn's evidence could fail to be impressed by the way he managed to take the moral high ground.

How Matt Comyn ended up as CBA chief

New CBA chief executive Matt Comyn has answered one of the big questions that has perplexed corporate Australia for much of the year. How did he get the job?

Lifestyle

Black Bass Sashimi at Providence restaurant, Los Angeles.

What LA can teach Sydney about dining

As I ate my way through Los Angeles last month, I started thinking about Sydney, and all the things that other sunny city might learn from Los Angeles' recent meteoric rise in culinary status.