NAB's introducer program 'corrupting'
The Hayne inquiry heard NAB's loan introducer program could be corrupting relationships between customers and their professional advisers.
The Hayne inquiry heard NAB's loan introducer program could be corrupting relationships between customers and their professional advisers.
During the Victorian election campaign, a group of Liberal Party members arrived in a marginal seat in one of Melbourne's south-eastern bay-side suburbs to help out.
A credit crunch is not the only cause of the housing correction that has hit Sydney and Melbourne as a buyer retreat has reduced demand for loans.
The major mining and energy stocks ended two positive days of trading for the local sharemarket, as iron ore and oil prices tumbled further.
The average tax rate paid by workers will continue to rise over coming years and hit a two-decade high of 20 per cent, pressuring both major political parties to offer bigger tax cuts at next year's election.
NAB boss Andrew Thorburn stepped easily through his early interrogation at the royal commission, making a passionate argument that the bank has made big changes on pay.
Daniel Andrews' deputy campaign manager Kos Samaras, campaign manager Sam Rae and their Victorian Labor back office team have already started work on the federal election campaign.
The West Australian government says the RCR Tomlinson collapse has the potential to disrupt water supply in the state this summer and shows the dangers of privatisation of public utilities and infrastructure.
NAB chairman Ken Henry says it can be difficult to prescribe a certain culture and it could take the bank up to 10 years to transform its culture. How the day unfolded.
Mobile dental surgery vans were forcibly seized by a posse including a CEO, chairman and security guards, in a sequel to an illegal X-ray scandal which is now headed to the courts.
Rio Tinto will divest another contentious African asset as the company's leadership conceded its Mongolian copper venture was experiencing sovereign risk challenges and was complicating the company's shift away from fossil fuels.
NAB boss Andrew Thorburn has told the banking royal commission that the bank's bonus schemes encouraged bad behaviour saying "we put the bait right there for people".
The S&P;/ASX 200 has closed lower at 5671 this afternoon with our materials and energy-heavy stock market dented by the declining oil price.
The new-found distaste for shares such as Apple, Facebook and Amazon ignores their financial performance.
Another collapse in the oil price late last week is sending worrying signals about the health of the global economy.
RBA governor Philip Lowe said it won't be long before banknotes are used for "relatively few payments" and cash becomes a "niche payment instrument".
Australian shares are poised to start the week lower, taking their lead from tumbling oil and iron ore prices.
NAB boss Andrew Thorburn stepped easily through his early interrogation at the royal commission, making a passionate argument that the bank has made big changes on pay.
Technology will inevitably be a major part of the banks' response to the banking royal commission's final report in February.
On Saturday, the Liberals allowed a strong economy and its own divisions to hand Labor a massive win by default.
Wayne Byres' sense of dread about his appearance at the royal commission will only grow after seeing the latest work from the Productivity Commission on Australia's super sector.
Daniel Andrews' deputy campaign manager Kos Samaras, campaign manager Sam Rae and their Victorian Labor back office team have already started work on the federal election campaign.
Debt, coal, and subsidies don't scare voters like they used to. Time for the Liberals to change the way that they talk about the economy.
Federal Police Commissioner Andrew Colvin and other senior officers will front the privileges committee after senators found seized documents over the au pair affair cannot be used in a leak investigation.
According to one senior Liberal, "there was no aspect of this campaign that was not stuffed up on a daily basis".
The Morrison government has supported a motion calling for a national anti-corruption body but says it has no intention of actually establishing one.
US bank supervisors told Goldman Sachs to tighten its oversight of risk and report more of its internal debates about deals just after the Wall Street bank completed $US6.5b of controversial bond financing for 1MDB
Theresa May is courting the public, as parliamentarians search for another way out of their deadlock in the face of firm pushback from EU leaders.
Russia's coast guard opened fire on and seized three of Ukraine's vessels, wounding two crew members, after a tense standoff in the Black Sea near the Crimean Peninsula.
British Prime Minister Theresa May has to get her Brexit deal through Parliament. She may face a leadership challenge or a 'no-deal' exit on March 29.
Families and children were sent screaming and spluttering after US agents fired tear gas on migrants approaching the US border from Mexico.
I found that one of the best ways to start building wealth is to save small amounts of money every day. I started by saving $US5 a day and am now saving about $US100 a day.
Incoming CEO Francesco de Ferrari's strategy is the next piece of the puzzle for investors.
Should you bank the gains (even within this downturn), take the 'gap year' or change direction?
Fully automated drones are already taking over Australia's mining sites but the 'holy grail' is their use in smart cities.
The idolisation of the CEO has caused executive values to encroach on more and more dimensions of our lives.
WPP AUNZ has poached PwC's Sunita Gloster for a newly created role of chief customer officer
Staff at the Institute, which has been a centre for early childhood and vocational education studies, were given the option of being relocated to other jobs in the university
BGC Contracting boss Greg Heylen knows his 1971 Ford Falcon GTHO Phase III could be worth up to a million dollars. But it's not for sale.
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