Future Fund CEO David Neal and chairman Peter Costello see risks on the horizon for markets.

How the Future Fund avoided the rout

A 30 per cent allocation to so-called "iliquid assets" such as infrastructure and property boosted the portfolio's overall return while hedge fund investments offset a sharp decline in equities.

Prime Minister Scott Morrison says it would be reckless to introduce legislation arising from the royal commission in a ...

PM tries to head off Katter revolt 

Scott Morrison has not ruled out axing a $234 million deal with Bob Katter if he sides with Labor to force a recall of Parliament to deal with the royal commission.

Atlassian leads encryption revolt

Atlassian's Scott Farquhar says business is already being lost due to new encryption laws, but Peter Dutton says they are already producing results.

Labor unlikely to change stance on 5G

Penny Wong signalled that Chinese technology giant Huawei is unlikely to receive a sympathetic hearing from a Labor government to be allowed to help build the 5G network.

Labor compromises on asylum bill

A plan by the Opposition, Greens and independents to roll the government in Parliament over the medical treatment of asylum seekers is at risk of collapse due to a softening by Labor.

Ambitious Wattle in $46m formula deal

Infant formula group Wattle Health is tapping debt markets this time, for a proposed $46 million purchase of a majority stake in a packaging plant in Melbourne.

The S&P/ASX 200 index experienced the largest single-week fall since November.

Financials drag ASX into the red

Financial stocks dragged the sharemarket down, as Bendigo Bank's weaker-than-anticipated results took the wind out of the high-flying banking sector.

Trump dream of cheap oil still alive

The new year's oil price rally has fizzled out as renewed concerns about growth in demand outweigh the tightening of supply through OPEC cuts and US sanctions.

Future Fund chairman Peter Costello (left) and chief executive David Neal.

Future Fund delivers thumping 5.8pc

The Future Fund has weathered market volatility to deliver an impressive 5.8 per cent return, beating the strongest performing super funds last year.

Opinion

The Future Fund could assist a new public default super fund with investment management expertise on tasks such as asset ...

Costello sees Future Fund role in super

Future Fund chairman Peter Costello is pressing the Morrison government to create a public fund to manage people's superannuation, as part of its response to the banking royal commission.

Cash's adviser urged to reveal all

Cabinet minister Michaelia Cash's former media adviser has revealed how he tipped off media to an investigation into the Australian Workers Union.

Tim Wilson's use of his taxpayer-funded position  to disguise a Liberal Party campaign, run with financial assistance ...

Trumpism has arrived in Australia

Tim Wilson's use of the Senate economics committee is a Trump-like blurring of parliamentary institutions with party-political advantage.

Najib Razak combative ahead of 1MDB trial

From appearing in an R&B; music video and trolling social media to vilify the new government, former Malaysian Prime Minister Najib Razak has been combative before the start of his graft trial.

Personal Finance

Paul Howes says the super industry is waiting to see action on consolidation.

Adopt NZ default super: Howes

Australia should consider mimicking elements of New Zealand's KiwiSaver model for default superannuation, says former union leader Paul Howes, who heads up KPMG's wealth management division.

David Staehli, SC, said the evidence that Adam Cranston benefited from his father Michael's actions was vague and there ...

Secret number 'fake news', Cranston trial told

The case against former deputy tax commissioner Michael Cranston was based on vague evidence, failed to show that he acted dishonestly and ignored the issue of "the secret number", his defence told the District Court.