Politicians can't kill innovation
![Two Australian tech companies have made the leap to London and now are dominant players in wealth management software.](http://web.archive.org./web/20190412164430/https://www.afr.com/content/dam/images/h/1/d/g/1/s/image.related.afrIndexLead.320x210.p51dnv.png/1555079991072.jpg)
Australian software companies are creating world-leading products even though innovation is a dirty word for politicians.
Australian software companies are creating world-leading products even though innovation is a dirty word for politicians.
Australian financial markets are hostage to international forces and unlikely to be influenced much by a change of government on May 18.
Following the Hayne royal commission, shareholders are unlikely to tolerate poorly thought-through strategies or badly executed strategies. This will put pressure on the bank's board to lift its game.
Wynn came and went like a mirage in the Las Vegas desert but there are good reasons why it could come back for Crown Resorts.
James Packer could do worse than forget about Wynn Resorts and leave his 316 million Crown shares in a bottom draw.
James Packer could once again be showing a foresight unknown to others about a turning point in an industry.
Wesfarmers overstepped the mark when lobbying the Malaysian government over licence conditions for the Lynas rare earths plant.
For financial industry veterans, recent hubristic comments from industry super suggest that their stellar rise could well be coming to an end.
Industrious investment banking types have been purchasing trail commissions and selling them to investors; the returns are little short of astronomical.
IOOF's decision to part ways with its former chief executive is an important step towards restoring trust with the wider market.
Fleet management group Eclipx has lurched from disaster to disaster in the last few months. Now it's paid a high price to end a merger gone bad.
Retailers and infrastructure companies will get the biggest boost from the federal budget. Beyond these sectors, it gets harder to find other winners.
Giving bank boards more discretion over executive boards is a galling suggestion to many investors.
The former CBA boss will go from top dog to 2IC, but Seek's structure means he will get to run his own race under boss Andrew Bassat.
Woolworths boss Brad Banducci hopes closing 30 Big W stores will help the chain back towards profitability. But is this a band-aid, where radical surgery was required?
There is no way the banks will want to pass on a cut in July or August of this year – regardless of the political pressure they will be under.
Morgan Stanley data suggests Amazon is struggling to beat some local retailers on price and range.
The big four banks set up in camp in Hong Kong this week to answer foreign investors on housing, capital and the royal commission.
Credit Suisse believes a rebound in Chinese and global industrial production can push our miners higher.
Telstra has big hopes for 5G, but many telcos are struggling to find reasons why it will help consumers.
A pro-cyclical currency like the Australian dollar can cause havoc when markets tank.
Lynas CEO Amanda Lacaze has dismissed Wesfarmers' takeover bid, saying the rare earths business doesn't need the conglomerate's chequebook.
AMP's David Murray and Westpac's David Lindberg have fired up the debate about systemic risk and the collapse in business lending.
Three Federal Reserve luminaries say there is no US recession on the horizon. But a decade into the recovery, has the world changed that much?
The Lynas takeover bid tells you a lot about Wesfarmers boss Rob Scott. He's willing to use the balance sheet to back a business operating in a volatile and uncertain political environment.
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