Five lessons from today's profits
The upbeat mood from the first weeks of earnings season was shaken on Wednesday, a diverse range of companies warning of economic weakness.
The upbeat mood from the first weeks of earnings season was shaken on Wednesday, a diverse range of companies warning of economic weakness.
Experts warn that cartel conduct was "hard to prove" and the Australian Competition and Consumer Commission's probe into the big accounting firms may not find evidence of wrongdoing.
The world's most senior banking regulator says culture is such an amorphous concept that APRA will struggle to meet its Hayne recommendations.
The Australian sharemarket closed 0.3 per cent lower on Wednesday, as investors in the index heavyweights headed for the exits.
The Morrison government has beefed up its border protection measures and will reopen the Christmas Island detention centre in anticipation of what it claims will be a resumption of the people smuggling trade.
There's never a dull moment at Macquarie Private Wealth.
The number of vacant properties for rent in Sydney jumped a staggering 40 per cent from 15,775 last January to 22,426 this year and is expected to further climb.
APRA chairman Wayne Byres says banks and their boards have ultimate responsibility for cementing the banking royal commission recommendations.
Computershare's underlying business is stable and the company has benefited from higher interest rates in the US, Britain and Canada, says chief executive Stuart Irving.
Evolution Mining's Queensland gold operations have escaped the worst of devastating floods, keeping its full-year output and cost guidance unchanged.
Shell's head in Australia, Zoe Yujnovich, has urged business to take the lead on reducing greenhouse gas emissions to send strong signals to the next government to introduce lower carbon policies.
CSL chief executive Paul Perreault said the blood products company was excited by "a tremendous amount of strength across the business" after announcing a 6.8 per cent increase in half year net profit.
S&P;/ASX 200 closed 15.5 points lower at 6063. It hit 6094 in early trading and got dragged down in the afternoon.
The RBA's head of economic analysis has backed the central bank's confidence in wage growth, claiming it should offset any softening in consumption that might be linked to a negative wealth effect.
Just when the Japanese carmaker needs guidance, tensions with partner Renault loom large.
Melbourne stockbroking firm Baillieu 1889 has fired back against claims by members of Melbourne's elite Baillieu family that the company can't use the name.
The RBNZ kept its key cash rate on hold at 1.75 per cent and said it expects it to stay there through 2020, sending the kiwi sharply higher.
The upbeat mood from the first weeks of earnings season was shaken on Wednesday, a diverse range of companies warning of economic weakness.
The wisdom of investing in companies with $US-denominated earnings was clear when CSL reported 10 per cent growth in its net profit.
Former PM Kevin Rudd has denounced the Financial Review's editorial stance as "one of the most right wing in the country". But what might that mean?
An online classifieds company might be the last place you'd expect to take a hit from the banking royal commission. But chief executive Cameron McIntyre says it has thrown up several problems.
Catherine King says the scare campaign over Medicare privatisation was based in fact and shows the Liberals can't be trusted on health.
Crossbench MP Bob Katter has dismissed the Hayne Royal Commission as a waste of time and indicated he will not support the recall of Parliament to deal with its recommendations.
Bill Shorten has backed down on Labor's push for uncapped fines for white collar offences by misbehaving banks and companies, instead opting for maximum penalty of $525 million.
The Morrison government has suffered a historic loss in the House of Representatives after Labor, the Greens and the crossbench combined to pass laws for the medical transfer of asylum seekers to Australia for treatment.
The federal government chose not to run an open tender process for contracts worth $423 million to provide security for refugees on Manus Island.
America is in the grip of a tax debate - like Australia was in late 2015 - and the bold ideas are flying thick and fast.
British historian Niall Ferguson is urging Australia to avoid the mistakes of US and European regulators who tried after the 2008 crisis to regulate "with great specificity every single aspect of a bank's operation".
Veterans of Britain's banking inquiries say reform momentum can fade quickly, and the threat of prison might be needed to focus CEO's minds.
The French conglomerates that own Gucci, Hermes and Louis Vuitton are still bagging big sales growth in China even as the likes of Apple struggle with the slowdown.
When Barack Obama was president, Vladimir Putin volunteered to 'help out' in Syria. That war hasn't ended yet.
Digital home-loan lender Tic:Toc is launching into the sub-prime market targeting small business owners as five lenders quit the sector claiming "industry changes".
Hotel-like 'extras' present a financial dilemma for families weighing up the benefits of paying more for something that has nothing to do with care but may make loved ones feel better.
In the upside-down world logic that applies to much of investing, there are a bunch of mistakes investors often make which makes it harder for them to reach their financial goals, writes Shane Oliver.
The competition regulator is probing the big four consulting firms Deloitte, EY, KPMG and PwC over allegations the firms operate as a cartel.
It's not just a one-off for undergraduates, the improvement is consistent across all degree types
HT&E; chief executive Ciaran Davis has flagged the radio broadcaster will look at opportunities to make deals in the radio and audio market.
Big employers are adopting ways of working that put personal interactions before process.
An 1858 watercolour by Edward Roper, The Goldfields of Australia, Ararat, smashed its reserve at an auction in London.
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