AMP rocked by data theft from contractor

Contractor employed by the financial services company was apprehended by the Australian Border Force in a dramatic airport arrest as he tried to flee the country.

Inequality works better as slogan

The 'ever-widening gap' between rich and poor is a myth that sidelines the real sources of prosperity, writes Parnell Palme McGuinness.

Banks push ASX to 4-month high

Australian shares have continued to advance through the middle of the day, climbing to a four-month high on the back of some gains from the major banks.

The politics of energy were too poisonous for AGL to be seen handing money back to shareholders at the same time as it ...

Poisonous politics hits AGL investors

The politics of energy were too poisonous for AGL to be seen handing money back to shareholders at the same time as it was being accused of gouging consumers.

Rio Tinto will pay a higher than expected dividend of $US1.70 and roll out $US500 million worth of buybacks in the ...

Rio gets debt upgrade as iron ore surges

Rio Tinto's debt reduction campaign and its renewed capital discipline has left it in better shape to withstand a period of increased commodity price volatility, according to ratings agency Moody's.

AMP wealth head departs

AMP has squeezed out its top wealth executive, Paul Sainsbury, as part of a reshuffle that gives greater responsibility to new recruit Alex Wade.

'Even' broker field backed

RBA governor Philip Lowe has backed the federal government's caution on ending mortgage broker commissions.

RBA's 'neutral' wipes out big four calls

The RBA's move to a neutral stance in a slowing economy and softening housing market has wiped out interest rate hike expectations from the big four banks for 2019.

President Donald Trump gestures as he delivers his State of the Union address to a joint session of Congress on Capitol ...

Trump speech leaves markets flat

Investors had little to cheer from President Donald Trump's speech on infrastructure, trade with China, or the risk of another shutdown.

Opinion

Poisonous politics hits AGL

The politics of energy were too poisonous for AGL to be seen handing money back to shareholders at the same time as it was being accused of gouging consumers.

'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.

Labor's financial services spokeswoman Clare O'Neil has signalled that a sensible compromise is within reach.

Labor tight-lipped on default super model

Labor is declining to explain how it will break from union-aligned industry funds to implement one default superannuation account recommended by the Hayne royal commission.

Dieter Zetsche said Daimler was preparing a wide-ranging cost-cutting programme in order to free up cash for investment.

World’s largest carmakers warn of bleak year ahead

While the auto industry frequently goes through such cyclical downturns, the new retrenchment is being exacerbated by the need to invest in expensive new technologies for electric vehicles and self-driving systems.

Investigations threaten US miracle: Trump

Donald Trump has warned America's "economic miracle" is at risk of being derailed by Democrat-led investigations he said would poison any hope for bipartisanship on issues such as infrastructure and border security.

Personal Finance