CBA under pressure to reveal extent of job cuts
CBA is stuck between analysts wanting costs slashed to maintain profits and political pressure to maintain jobs.
- Opinion
- Federal election
There's more at play than domestic squabbles
The great peril discussed at Canberra dinner parties attended by the nation's great and good should be part of the public debate, writes Andrew Clark.
Apartment glut sows seeds of house price falls
The Reserve Bank is worried that as more Sydney apartments come on line, an already weak property market will suffer further.
- Live
- Election
Labor crack down on accountant 'tax rort'
In a letter to Chris Bowen, Treasury says it would not cost Labor's tax policies, it says information about the policies was provided by the Treasurer. Follow live here.
- Breaking
- Superannuation
IOOF accused of misleading investors
All IOOF investors who bought shares in the company between May 2015 and December 2018 will automatically be part of the action unless they opt out.
- Live
- Markets Live
Perpetual advances on FUM update
Australian shares have risen firmly through the middle of the day, driven by the major banks, while Perpetual is up after releasing its funds under management update.
- Opinion
- Housing slump
The worst of house price falls could be behind us
There are tentative signs that the pace of losses in Sydney and Melbourne property prices are slowing, and regulators should do more to help, writes Patrick Commins.
Business
Bravura makes non-binding $172m bid proposal for GBST
Bravura Solutions is hoping a $172 million takeover proposal will be enough to get GBST to open up the books for eight weeks of due diligence.
Why industry super funds are demanding a seat at the table
It's hard to overestimate the power that the not-for-profit industry super funds have over Australian financial markets.
Xenith IP accepts IPH's $192m takeover offer
An epic three-way tussle in the sleepy IP sector has been settled.
ACCC to take iSelect to court for 'deceptive' energy plan comparison
Competition czar Rod Sims says the "deceptive" behaviour adds further confusion to the complicated retail electricity and gas market.
BOQ may need to merge itself out of trouble: Citi
A leading analyst says BOQ will need to merge with Suncorp or Bendigo to lift investment for a digital future but its CEO is unsure scale is the answer.
Possible Crown buyers also eye Japan
Investors are betting a Crown Resorts buyout is still on the cards, but they must factor in medium-term strategic shifts as Japan opens up to its first casinos.
- Exclusive
- Rare earths
Wesfarmers boss bites back at Lynas attacks
Rob Scott says Lynas kept talking to the WA conglomerate for weeks after it knew a joint-venture proposal had become a takeover bid.
Markets
AusSuper yanks equities mandate from Fidelity
The sell orders have been flowing freely in some favourites of Fidelity International's Australian equities team.
Uber unveils IPO with profit warning
Uber's IPO filing with the SEC reveals that it lost $4.25 billion in 2018 from operations and 'may not achieve profitability'.
- Opinion
- Brexit
Betting odds put 50pc chance of no Brexit in 2019
The latest delay in negotiations has done nothing to change the potential range of outcomes priced into betting and currency markets.
- Opinion
- Specialist investments
Magellan: mitigate LIC mis-selling risks
With fund managers using LICs and LITs to circumvent conflict of interest rules, advisers are incentivised to move retail investors into riskier products, writes Christopher Joye.
What treasure will Labor inherit if it wins?
Chris Bowen will have to navigate falling house prices and slow wage growth to join Peter Costello in the budget surplus club.
Opinion
Labor's tax numbers not as big as we thought
Treasury's estimate that Labor's tax agenda will raise $387 billion is plausible. Labor should embrace it.
Political Editor
This is how the Coalition can win
Labor may win on the back of Coalition disunity. But don’t take it as a given, writes Alexander Downer.
Columnist
Magellan: mitigate LIC mis-selling risks
With fund managers using LICs and LITs to circumvent conflict of interest rules, advisers are incentivised to move retail investors into riskier products, writes Christopher Joye.
Columnist
A referendum on national prosperity
Bill Shorten's plan is quite at odds with the national economic successes of the last three decades.
Editorial
Politics
'That could have been me,' says author of George Pell book
Louise Milligan, the journalist who helped expose George Pell, still struggles with the trauma of sex abuse victims.
- Analysis
- Federal election
Labor's tax numbers not as big as we thought
Treasury's estimate that Labor's tax agenda will raise $387 billion is plausible. Labor should embrace it.
Inside Morrison's bid to cling to power
Scott Morrison has made a declaration of intent by targeting Lindsay in western Sydney.
Treasury in Labor firing line
Labor is pressuring Treasury to disclose any role it had in estimating that a Bill Shorten government would impose $387b in higher taxes.
- Opinion
- Federal election
This is how the Coalition can win
Labor may win on the back of Coalition disunity. But don’t take it as a given, writes Alexander Downer.
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World
Palestinians fear emboldened Netanyahu
Whether Benjamin Netanyahu follows through on annexing Israeli settlements, and how he handles corruption claims against him, are burning issues following his re-election.
The keyboard warriors protecting Indonesia’s election
Ahead of elections on Wednesday a group of volunteers, including some in Australia, are crowdsourcing democracy for what will be the world's largest election.
- Analysis
- Assange saga
Julian Assange's first reaction was to run
As police were summoned to make the arrest, Julian Assange bolted past the officers, attempting to reach the sanctity of his bedroom on a raised ground floor.
Democracy in south-east Asia: festival or facade?
Democracy is certainly struggling in the region but don't write it off just yet.
The fertility doctor's shocking secret
Donald Cline secretly fathered at least 50 children and no one found out until Ancestry.com tests revealed half-siblings across the US.
Real Estate
5 of the most exclusive properties for sale this week
Take your pick from these executive homes in desirable locations.
Australians selling houses with crypto
Blockchain-powered Propy has closed its first two residential land sales in Asia-Pacific in Niseko, Japan, to Hong Kong investors.
There's no rush of pre-election house buyers in Sydney
Faster-than-expected declines in prices prompt lender to revise its forecasts.
Morgan Stanley warns Labor's negative gearing change will hit property
Global investment bank warns no end in sight to property market slowdown.
Australia takes lion's share of capital for AsiaPac funds
The largest proportion of capital raised for unlisted funds in the Asia Pacific sector went into Australian vehicles.
Personal Finance
Split investment strategy to counter dismal savings rates
Fed up with falling bank savings rates? We outline strategies to boost your income without taking on too much risk.
17 things millionaires do differently from everyone else
Millionaires tend to be frugal, conscientious, resilient and display many other similar traits that help amplify their wealth-building actions.
- Opinion
- Property market
Self help for first-home buyers
Want to help your children into the housing market? Here's how to do it with their money not yours.
Technology
SpaceX launches mega rocket, lands all 3 boosters
The new and improved Falcon Heavy thundered into the early evening sky with a communication satellite called Arabsat, the rocket's first paying customer.
- Opinion
- Innovation
Australia's love of city-dwelling could become an export strength
Artificial intelligence and automation are already shaping city planning and Australia is well placed to lead the way.
On day 1 but there's already a winner on social media
Bill Shorten won Twitter on the first day of the campaign while the Prime Minister did better on Facebook, which has an older demographic.
Leadership
Telling moments for #MeToo in Rush verdict
Geoffrey Rush had a resounding victory in his defamation trial. But it was another story for the #MeToo movement.
Industry funds warn boards on exec pay
AustralianSuper's Andrew Gray warns boards against collapsing long and short-term incentives into so-called balanced scorecards which have been a flop with investors.
Lifestyle
Invasive species are a godsend, says artist
The artist wife of MONA's David Walsh has enlisted top chefs to create gourmet dishes from the plants and animals Australians are trying to rid themselves of.
Will the cars of the future still roar?
Lamborghini, Ferrari and co are pondering how to recreate the thrilling notes of a turbocharged petrol engine in the near-silent electric age.
Stay in the historic home of famed painter John Glover
Formerly a ruin, 19th-century Patterdale has been restored with the help of a much-loved painting by the colonial landscape artist.
Looking for love? Stop making lists
Gillian McCallum, CEO of the Britain's oldest introduction agency, says "Women are always drawing up inventories of what they require in a man and by the time they've finished you can't imagine anyone who'll qualify."
Move over, K-beauty – A-beauty is here
Exports of Australian beauty products rose to $536 million in 2018, led by a posse of self-made women who know what their customers want.
Most Viewed
Qantas refuses to explain abrupt departure of top executive
Housing boom 'well and truly over'
AusSuper yanks Australian equities mandate from Fidelity
Labor's 49pc tax rate to hit middle-income earners
Telling moments for #MeToo in Rush verdict
'Journalism of the worst kind': Geoffrey Rush wins defamation verdict
