James Shipton on Thursday: "I would say that there is certainly room for improvement as regards the timeliness of ...

ASIC approach 'antithesis' of tough

ASIC came under fire in the royal commission on Thursday when an email revealed it considered penalising NAB via a "community benefit payment" over home-loan misconduct that affected thousands.

Labor set to smash Victorian election

The poll results confirm the Coalition brand is on the nose in Victoria, the state once considered the jewel in the Liberal Party's crown, and may also carry a warning that crime and terror issues are not a sure-fire winner.

Big four's many 'independent' roles criticised

The corporate regulator is allowing consultancy firms Deloitte, EY and PwC to police its enforcement regime for the big banks while they are also paid millions for consulting work, raising conflict concerns.

"Current challenges facing the economy are primarily structural in nature and cannot be solved by monetary policy ...

South Africa lifts key rate to 6.75pc

The South African Reserve Bank increased its benchmark interest rate for the first time in more than two years as it sees inflation risks remaining elevated.

The pound was up 0.8 per cent at $US1.2873 at 1650 GMT, its highest since a rally last week. It also strengthened 0.6 ...

Pound lifts as shorts cover bets

Sterling jumped to a one-week high after Britain and the European union agreed to a draft text setting out their post-Brexit ties.

Opinion

Is Westpac really wedded to wealth

The overall view of Brian Hartzer's evidence to the royal commission is that he views wealth as a challenging, complex and decreasingly profitable business that is nice to have, rather than essential.

The Communist Party logo in Shanghai, China.

Australia's China skills need sharpening

Canberra was blindsided by Beijing's aggressive push into the South China Sea and the Pacific, and Chinese interference in domestic politics. Now it is trying to make sure it doesn't happen again.

Labor's battery subsidy scheme could create problems for the energy sector.

Labor's battery subsidy 'not needed'

Bill Shorten's $2000 handout to households to install batteries as part of their new multibillion-dollar energy policy was not needed, according to some energy industry players.

Twiggy's $20m hydrogen kickstart

Iron ore magnate Andrew "Twiggy" Forrest's Fortescue Metals Group and CSIRO have joined forces to deliver a $20 million deal to support the creation of a new hydrogen industry in Australia.

Debt to double as Labor drops cap

Victorian Treasurer Tim Pallas has been accused of "insane and ridiculous financial vandalism" after throwing away his self-imposed debt cap to fund Labor's $80 billion-plus infrastructure boom.

A British Union flag, also known as the Union Jack, left, flies beside European Union flags outside the Berlaymont ...

Brexit political accord stokes critics

Resistance in Europe and Britain to the draft Brexit text and a new political declaration are set to prolong the debilitating uncertainty about what lies ahead.

Australia's China skills need sharpening

Canberra was blindsided by Beijing's aggressive push into the South China Sea and the Pacific, and Chinese interference in domestic politics. Now it is trying to make sure it doesn't happen again.

Personal Finance

Afterpay is now expanding into the optometry sector.

Afterpay goes to the optometrist

Afterpay has expanded into optometry and one chain says it's led to a big spike in demand from stores near universities as Millennial customers embrace it/

Lifestyle