- Opinion
- Fixed income
Corporate bond butcher awaits yield hogs
With interest rates stuck at historic lows, investors are being tempted by high-yielding but more risky bonds.
ANZ joins election rate-cut club
ANZ has joined two other big four banks predicting interest rates will be cut by 50 basis points with the first cut as soon as May, followed up by another in August.
Judo gets licence in shot across banks' bows
Local fintech scene gets a shot in the arm as prudential regulator gives challenger bank the green light.
- Opinion
- SMSFs
A June checklist for SMSF trustees
With just a few months until the end of the financial year, now's the time to be organising your DIY super fund. Here's what to do.
Suspected IS member arrested ahead of Gallipoli service
Turkish authorities say the Syrian man was planning to attack the Anzac service at Gallipoli.
Macquarie's telco move 'makes perfect sense'
Macquarie Group's surprise move to launch a mobile telco business has been met with enthusiasm, but success depends on consumer demand for used handsets.
- Opinion
- Sharemarket
Wall Street's in record ground. What do investors do now?
It's fine to be pleased about hearty returns, but it's not a good idea to tie your emotions closely to the ups and downs of the stock market, warn the experts.
Business
AMP boss faces vote against $12m bonus
Australian Shareholders' Association says Francesco De Ferrari's $12 million bonus is too high, as it ramps up pressure ahead of next week's AGM.
Break fee of $38m helps keep a lid on Dulux rival bidders
A break fee representing a quarter of Dulux's annual profits is an extra deterrent to any rival bid, along with the high price offered by Nippon Paints.
Wagners warns of $10m profit hit
Construction group Wagners is taking the building materials supplier to the Supreme Court over a cement pricing dispute.
MinRes' debut debt deal boosts sagging lithium sector
Rich-lister Chris Ellison's first push into US debt markets shows there is still money for lithium stocks, despite the sector slipping into a bear market over the past year.
Labor's carbon plan to have 'slight' impact
A Citi analysis has demolished the Coalition's scaremongering over "reckless" impacts on industry, deeming the impact "slight" and "manageable" even for the biggest emitters.
ING takes on big four with rate cuts
The online bank, is countering recent cuts by CBA, Westpac and NAB amid an escalating price war.
Morgan Stanley shakes up wealth, banking units
The move affects two executives widely seen as contenders for the top role.
Markets
Warren Buffett says most newspapers are 'toast' after ad decline
The newspaper industry has turned "from monopoly to franchise to competitive" but not all papers are doomed, the billionaire CEO of Berkshire Hathaway says.
Bank of Canada abandons future rate hike talk, cuts growth forecasts
After hiking interest rates four times in a year, the Bank of Canada says 'No more' and ratchets back economic growth expectations to 1.2 per cent a year.
Netflix junk bond offering draws $US6b in orders
The streaming service, which is seeking to sell $2.8 billion of bonds denominated in dollars and euros, received orders for three times the amount.
Weaker inflation fuels election rate cut talk
Key measures of inflation have come in lower than economists expected and sent the Australian dollar lower.
SAP shares hit high on Elliott's $1.3b investment
SAP has until now escaped the attention of activist investors but the Elliott investment has sent shares to an all-time high.
Opinion
Corporate bond butcher awaits yield hogs
With interest rates stuck at historic lows, investors are being tempted by high-yielding but more risky bonds.
Senior Reporter
A Hayne-induced car crash
A takeover involving the two largest listed auto dealerships has put the spotlight on the damaging fallout from the Hayne inquiry.
Columnist
Northern Territory looms as a danger for Labor
Coming more sharply into focus now are the two NT seats of Solomon and Lingiari, both Labor and both vulnerable.
Political Editor
Patience a virtue on growth fund promises
SME owners shouldn’t send in applications in the hope of getting up 40 per cent in equity funding just yet.
Columnist
Politics
Tax cuts for high earners: We'll look at it, says Shorten
Bill Shorten said he understood that people felt like they were paying too much income tax but it was a question of priorities.
Leaders pay respect to troops, visit NT
On the eve of ANZAC day, the PM highlighted the need for defence spending, while Bill Shorten attended a ceremonial parade. How today's campaign trail unfolded.
Morrison stands by carbon knockout claim
Scott Morrison denied he was exaggerating the impact of Labor's carbon policy to win votes. "Taking $35 billion out of the economy...I don't think that's a good idea."
Water buybacks part of a pattern of 'dodgy behaviour'
Labor won't support a Greens-led push for a broad royal commission into the Murray Darling Basin Plan.
Workplace hitch to PM's growth pitch
Small business lobby praises PM for setting an "ambitious" target to help create 250,000 new small businesses but questions how it will be met.
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World
Facebook beats profit estimates, sets aside $US3b for privacy penalty
One in five people on Earth checks Facebook every day, with the latest growth and cost cuts helping the company's shares jump 10 per cent.
Scotland promises a new independence vote by 2021
Nicola Sturgeon's pledge underlines how Brexit is fraying the United Kingdom from within.
Sri Lanka bomber had studied in Australia
One of the suicide bombers involved in the Sri Lanka attacks studied in Australia, officials have confirmed.
- Opinion
- Trump's America
Donald Trump is no Nixon - he's worse
Richard Nixon's downfall served as a cautionary tale for presidents who might be tempted to interfere with a federal investigation for personal or political reasons. Then came Trump.
- Opinion
- China
China is still rocky and can't save the West again
The greater China sphere of east Asia is in industrial recession. And a new report says Beijing has overstated its GDP growth by about 2 per cent a year since 2006.
Real Estate
Cromwell's UK property play falls over
Fund manager Cromwell is adamant it will expand in Europe despite the setback in London when its bid for RDI REIT fell flat.
New challenges await incoming chairman at shopping owner Vicinity
Former chief executive of the Gandel Group, Peter Kahan, will take over as chairman of shopping malls owner Vicinity Centres.
Sydney hotel returns fall in discounting war
Leading hotel analyst Dean Dransfield said the decline in Sydney was driven to a degree by "self harm" as operators looked to match the discounted rates offered by their competitors.
Victoria removing combustible cladding from 13 schools
The burden of replacing combustible cladding is not limited to residential and commercial buildings.
Congestion 'a spurious argument' to cut migrant intake
Minister for cities Alan Tudge says the federal government's "modest reduction" in the permanent migration rate will go a long way to balance economic growth with liveability concerns.
Personal Finance
- Opinion
- Sharemarket
Wall Street's in record ground. What do investors do now?
It's fine to be pleased about hearty returns, but it's not a good idea to tie your emotions closely to the ups and downs of the stock market, warn the experts.
ING takes on big four with rate cuts
The online bank, is countering recent cuts by CBA, Westpac and NAB amid an escalating price war.
- Opinion
- Portfolio management
US equities is still the place to be for growth
But remember it was the eye of the storm that got us all into trouble to begin with.
Technology
Tesla suffers $US700m loss in first quarter
The latest report shows Elon Musk's dream has lost about $US6 billion since he began working on building an electric car in 2004.
Samsung plans $US116b splurge on chips to take on Intel
The Korean company is looking to become a world leader in devising the brains that power computing devices.
- Opinion
- Innovation
Samsung's stumble risks killing foldable phones at birth
This is an ominous sign for the smartphone industry, which had been hoping the technology would provide its next growth spurt.
Leadership
Disney heiress escalates attack on company’s pay practices
Heiress Abigail Disney's attacks on the company co-founded by her grandfather have helped swing the spotlight back on to executive pay levels in the US.
My dad gave away my $564m inheritance
Alex Shih and his siblings lost out on an inheritance worth hundreds of millions of dollars - and he's perfectly okay with that.
Lifestyle
Germany goes large on the 100-year legacy of Bauhaus
Just in time for the celebrations, the new Bauhaus-Museum Weimar has opened to tell the story.
The best of times racing around South America
When director Jason Smith got back from a three-month odyssey with his wife and three children, he needed a holiday. He answers our Traveller Q&A.
Robot has sex with owner's girlfriend. Is it betrayal?
That's one of the questions raised in 'Machines Like Me', one of three intriguing books we review this month.
Big banks top up money for child health research
The Financial Markets Foundation for Children has been in operation for more than 30 years.
Galaxy Hold: Australian launch of folding phone delayed
Australia has joined the list of places that won't be getting the Galaxy Fold as early as hoped. Troubles with the folding screen have delayed its release.
