RBA retreats on rate hike

Dr Lowe on Tuesday said the central scenario is for the domestic economy to grow about 3 per cent this year and a little ...

Slowing growth has forced Reserve Bank governor Philip Lowe to retreat from his tightening bias and declare "the probabilities appear to be more evenly balanced" between an interest rate hike and an interest rate cut.

 Ian Narev's strategy of buttressing the bank's internal mortgage sales business, by carefully tilting away from the ...

One thing CBA can thank Narev for

Commonwealth Bank shareholders could be forgiven for seeing the ghost of Ian Narev floating around the bank in recent days. That ghost giveth and the ghost taketh away.

In this Jan. 31, 2019, photo, President Donald Trump speaks in the Oval Office of the White House in Washington. Trump ...

Trump appeals for unity in speech

US President Donald Trump is about to give deliver his annual State of the Union speech, delayed by the recent government shutdown. Follow us live from Congress.

CBA profit shows dividend resilience

When you control 25 per cent of all home loans and handle about a third of all household deposits, as CBA does, it's hard not to make a big profit.

Housing lot defaults hit 25 per cent

One in four buyers of housing lots in Melbourne, the country's biggest residential land market, are defaulting on their purchases, says Financial Review Rich Lister Nigel Satterley.

Home loans drive CBA profit higher to $4.7b

Royal commission pushes up CBA's costs

CBA has delivered a cash profit for the half year of $4.68 billion, up 1.7 per cent despite higher funding costs, driven by strong home lending growth from its branches, lower operating expenses and bad debts falling.

Pet supplier and vet operator Greencross has suffered since the arrival of US online giant Amazon.

TPG nabs Greencross pet group

US private equity giant TPG snares pet suppler and vet operator Greencross after its $675 million offer was approved by shareholders.

ACCC scrutinising outdoor ad rebates

Discounts and rebates in the outdoor advertising market will come under scrutiny as the competition watchdog launches an initial investigation into practices in the sector.

Opinion

EnergyAustralia CEO Catherine Tanna says the government is just trying to "look tough" with its divestment bill.

'Desperate and dangerous' bill: Tanna

Catherine Tanna, the head of EnergyAustralia, has laid into the energy divestment bill with the harshest criticism yet of the government's motives for pushing it forward.

Prime Minister Scott Morrison is seen visiting flood affected areas in Townsville, Tuesday, February 5, 2019. Hundreds ...

PM rules out snap election

The Prime Minister says an historical defeat in Parliament next week won't spark a snap election, describing a bill for medical transfers of asylum seekers as "stupid".

ASIC backing for 'white-collar crime court'

The Federal Court is poised to become the main forum for "white-collar" crime, with ASIC and the Commonwealth DPP supporting a move aimed at reducing waiting times of more than two years.

Britain mulls zero-tariffs plan

Australian exporters to Britain could be $200m a year better off if Trade Secretary Liam Fox's plan is adopted in a no-deal Brexit.

Personal Finance

NAB chairman Ken Henry says the bank is determined to change and "we will be measured by the actions we take".

NAB's Ken Henry faces another crisis

Kenneth Hayne's decision to single out NAB chairman Ken Henry and CEO Andrew Thorburn for special criticism in his final report has the potential to end their careers at the bank.

Andrew Thorburn admitted he had been stung badly by the criticism of the bank, and him personally.

'Upset': NAB bosses fight to survive

NAB chief Andrew Thorburn and chairman Ken Henry will fight for their jobs amid growing political pressure, insisting the bank has learnt from its mistakes.

Public trust in Aussie CEOs jumps

The public are urging CEOs to take a greater lead on social issues and drive the national agenda, with public trust in local business leaders jumping significantly this year.