Hedge funds short banks ahead of Hayne
Institutional investors have doubled the size of bets against Australian banks in anticipation of a punishing banking royal commission final report.
Institutional investors have doubled the size of bets against Australian banks in anticipation of a punishing banking royal commission final report.
House prices have now fallen 6.1 per cent since the market peaked in October 2017 and the slowdown that has been centered on Sydney and Melbourne is now spreading to other capital cities.
Former Victorian Premier John Brumby has resigned from the Huawei Australia board just days after the US filed criminal charges against the Chinese telecommunications giant.
If Scott Morrison pulls off a miracle and wins the May election, housing conditions should stabilise, writes Christopher Joye.
Ahead of the May federal election, the Australian Electoral Commission has released the latest round of data on political donations.
Healthscope chairman Paula Dwyer will be dearly hoping her never-ending takeover ordeal is almost over.
The S&P;/ASX 200 Index has started February on a soft note; Morgan Stanley has removed its expectation of RBA rate hikes.
Qantas CEO Alan Joyce has made a $60 million bet that demand for fly-in-fly-out workers for the resources sector is set to grow.
Investors assumed a sales spike for Reliance from the Polar Vortex in mid-west USA but the company is cautioning against over-exuberance.
The Healthscope board, led by chairman Paula Dwyer, has backed a $4.4 billion bid from Brookfield, saying it is in the best interests of shareholders.
Fortescue chief Elizabeth Gaines, and her chairman Andrew Forrest, must be feeling vindicated. In Twiggy's case, to the tune of about $2.3 billion.
The corporate regulator is set to clarify how lenders should be meeting their responsible lending obligations, in a move that may entrench a modified version of the controversial HEM.
Amazon forecast first-quarter sales below Wall Street estimates, even as sales for the holiday quarter hit a record.
Facebook rallied more than 12 per cent, one day after it reported revenue that topped analyst expectations.
Bolstering the local currency yet again was the spot price of iron ore, which lifted another 3.4 per cent at its latest fix.
Canadian investors are finding themselves in an unusual position - outperforming their US counterparts across all three main asset classes.
Pepper Group says the major banks have relied too heavily on a systematic approach to writing home loans.
Healthscope chairman Paula Dwyer will be dearly hoping her never-ending takeover ordeal is almost over.
Kenneth Hayne knew banker behaviour had barely been tempered by previous inquiries. He needed to tap into an emotional reaction.
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.
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.
Restoring public trust, ensuring the free flow of credit and maintaining competition are the principles that will guide the government's response to the banking royal commission, the Treasurer said.
Finance Minister Mathias Cormann has flatly rejected calls for the National Broadband Network to be written down, saying there is no argument for it.
Australian fighter jets were involved in an air strike believed to have killed up to 18 civilians while fighting Islamic State terrorists in Iraq.
Self-funded retirees say they are being picked on by Bill Shorten over the ALP's decision to stop the refunding of franking credits on their share portfolios and they would take out their anger at the ballot box.
Former deputy Liberal leader Julie Bishop has revived calls for the Coalition to secure bipartisan support with Labor on energy policy and resolve divisions within the party on climate change.
Donald Trump has described as "beautiful" a letter sent to him by Xi Jinping urging the US to meet China "halfway" on a trade deal.
A remarkable number of China's most successful internet entrepreneurs, executives and investors began their careers as journalists.
The big four accountancy firms are resisting calls to completely carve up their UK businesses, but will stop offering other services to audit clients.
Italy fell into recession at the end of 2018, capping a year of political turmoil, higher borrowing costs and fiscal tensions that took their toll on the economy.
European countries working to preserve a deal that limits Iran's nuclear capability have established a new system so companies can continue trading without incurring US sanctions
A small-town couple recently sat down with 60 Minutes to tell the story of how they used "basic arithmetic" to find a loophole in the lottery that helped them win $US26 million ($36 million).
An undemanding valuation, cost reductions and a promising push into electric cars are just a few reasons why Fat Prophets likes this carmaker despite hiccups in the past.
Bill Shorten says Labor is still the better party for seniors despite his intention to forge ahead with a policy to end tax refunds for self-funded retirees who pay no or little tax.
Not having a business card is not only liberating, it's a badge of honour.
Law firms are heading into 2019 full of optimism and with a bigger workforce after a sharp increase in the number of fee earners over the past year.
The inside story of an elite group of business people, $443m of taxpayer money, a natural wonder in peril, cutting-edge science, and an almighty stoush.
Just one visit to a footwear factory convinced Tim Brown of the potential to produce comfortable, stylish shoes using sustainable materials.
Too often meetings eat up our days and waste resources. The 25-minute meeting could change all that.
Get unlimited access to Australia's best business news and market insights, including our award-winning app.
Already a subscriber? Log in