Tradesmen work on Opal Tower in Olympic Park which was evacuated earlier last month.

Opal fail: Poor design, construction blamed

Weeks of major rectification works will be required to repair the damages caused during the design and construction of key beams at Sydney's Opal Tower, a preliminary report finds.

Ubank lifts rates, RBA pressured to cut

AMP Capital chief economist Shane Oliver says rising funding pressure and deteriorating economic conditions will force the RBA to slash cash rates by 50 to 100 basis points.

Hedge fund managers fail to deliver

Hedge funds run by GAM, Schroders and BlackRock delivered significant losses in 2018 as a stock market rout led to widespread difficulties.

Raphael Geminder's bidding vehicle has called on Reject Shop to disclose sales and other key figures for the ...

Christmas trade 'solid' says Reject

Packaging mogul Raphael Geminder may have to extend his $78 million offer for The Reject Shop until after the company releases first-half results.

IOOF's OnePath deal pushed out

IOOF and ANZ have agreed to push out the timeline for the completion of the sale of ANZ's One Path. Concerns the deal will fall over altogether still abound.

Magellan's Hamish Douglass said in a July interview that he was raising cash levels to the highest point since 2009.

Douglass delivers 9.8pc in 2018

The Magellan Global Fund managed by Hamish Douglass returned 9.8 per cent in 2018, new figures confirm, making it one of the best-performing strategies last year.

Reed Hastings, the chairman and president of video streaming company Netflix, will report the company's fourth quarter ...

Netflix disruption divides market

You only need look at the range of price targets issued by the 38 analysts who cover Netflix to realise this is one of the most divisive internet stocks listed on Nasdaq.

Lehman destroyed $87b in value

The collapse of Lehman Brothers destroyed as much as $87 billion in value, according to a new analysis by the Federal Reserve of New York.

Netflix has recorded an average one-day change of +/-13.12 per cent on earnings.

'Buckle up' for earnings: Bespoke

Reporting season can trigger wide swings in stock prices, no more so for Infinera, Netflix and Travelzoo, according to Bespoke Investment Group.

Opinion

Karen Maley

Why the Future Fund fix doesn't work

If the Morrison government allows the Future Fund to offer low-cost super to the general public, there's little doubt millions of Australians will switch their super balances to this new fund.

Labor has demanded Energy Minister Angus Taylor come clean about his eligibility to sit in parliament.

Taylor faces fresh eligibility questions

Labor has demanded Energy Minister Angus Taylor come clean about his eligibility to sit in parliament after questions were raised over his ties to a recruitment company that did federal government work.

Electricity spot price maxed out in Victoria

Victorian electricity spot price forecasts reached their upper limit of $14,500 per megawatt hour on Tuesday, before falling back to normal levels, volatility that if sustained would affect household prices.

No charges leave Cash 'nowhere to hide'

Key evidence from Michaelia Cash's office about raids on the Australian Workers' Union headquarters is expected to be released after police said they would not press criminal charges.

Josh Frydenberg and Scott Morrison: An option being explored by senior ministers is the Future Fund being called in as ...

Future Fund tender plan for super

The federal government would host competitive tenders to manage default superannuation investments for workers to try to deliver higher returns via a system involving the Future Fund, under an option being canvassed by the Morrison government.

Personal Finance