AI is reaching into  Australia's job market.

AI will decide if you get an interview

Sending off a CV is going the way of the Dodo. The new route for businesses trying to find out which job applicants to interview is via the use of artificial intelligence.

Going after seniors is fraught

Dismissing retirees leaves Labor open to accusations of arrogance, which is dangerous when many others are just starting to switch on and are yet to make up their minds.

Borrowers 'won't pay for brokers'

A report by Momentum Intelligence found 96.5 per cent of mortgage broking consumers wouldn't be willing to pay $2000 for the service.

Brokers' big bite from big four

Mortgage brokers have sliced net interest margins of the major banks by up to 20 per cent over the past decade through increasing competition and reducing costs, according to analysis by KPMG.

'We have worked hard, we are not rich'

Self-funded retirees say they are being picked on over the ALP's decision to stop the refunding of franking credits  and they would take out their anger at the ballot box.

Aurizon chief executive Andrew Harding had been taking the fight up to the Queensland regulator.

Aurizon abandons war with regulator

Listed rail company Aurizon has abandoned its fight against the Queensland Competition Authority's decision limiting how much it can charge customers for freight on its lucrative coal networks.

ING and BoQ raise borrowing rates again

Two of the nation's most popular banks for borrowers are increasing variable mortgage rates by up to 15 basis points in response to rising wholesale funding costs.

Optus unveils 5G plan to take on NBN

Optus has revealed it will launch its first 5G fixed wireless broadband plans by April, with speeds and pricing comparable or better than its NBN plans.

Brian Hartzer says Westpac is working with regulators to ensure stricter credit checks do not choke lending to small ...

Banks 'not to blame' for house slump

Westpac chief executive Brian Hartzer said one of the unintended consequences of the residential lending crackdown had been to "penalise small business".

The ASX retreated at the end of Thursday's session, to end 0.4 per cent lower at 5864.

ASX in late retreat as banks slide

Australian shares ended a mostly positive session in the red, as losses for the banks overwhelmed strength in the mining and energy sectors.

Wall St cheers as Fed 'party goes on'

Investors are cheering what looks with every day like a growing "Powell put". "The Fed has "refilled the punchbowl and the party goes on. Time to consider buying risk assets."

Opinion

BHP CEO Andrew Mackenzie and professor Megan Davis photographed supporting the Uluru statement.

'Watershed': Miners back indigenous 'voice'

Cautious business leaders warn that a referendum for an indigenous voice to Parliament stands "buckley's chance" of success, unless further detail about the proposal are fleshed out and debated ahead of a national vote.

Big four carve out audit work in UK

The big four accountancy firms are resisting calls to completely carve up their UK businesses, but will stop offering other services to audit clients.

Britain's Prime Minister Theresa May has won breathing space from her own parliament only to encounter a wall of ...

Europeans douse Brexit hopes

As British PM Theresa May tries to leverage her rare parliamentary victory to revive her Brexit deal, EU leaders circle the wagons.

Personal Finance

BHP backs Indigenous voice to parliament

BHP chief executive Andrew Mackenzie will throw his support behind a constitutionally enshrined Indigenous "voice" to Parliament, in a landmark speech designed to build support from the business community.