Business

Market movers

Exclusive

‘Be proactive’: AustralianSuper calls on staff to help attract talent

AustralianSuper is planning to rapidly expand its in-house investment team, urging staff to recruit former colleagues as the industry funds struggle to offer competitive wages.

33 minutes ago
by Charlotte Grieve

Tough week for Bundaberg-born Lex Greensill.

Exclusive

APRA aware of IAG’s potential Greensill risk since November

by Sarah Danckert

ANZ Bank chief Shayne Elliott said the RBA may need to raise interest rates earlier than 2024.

ANZ boss warns of social problems from ‘unhealthy’ house price rises

by Charlotte Grieve and Clancy Yeates

Trader Dilip Patels on the floor of the New York Stock Exchange on Wednesday. The tick up in bond yields has rattled investors.

Analysis

Jittery stocks, jumpy bonds: Why markets are troubled by signs of recovery

by Matt Phillips

Myer CEO John King sees some short term cash flows benefits from the coronavirus' impact on his supply chain.

Updated

Myer profit jump not reliant on $51m JobKeeper, says CEO King

by Dominic Powell

Currency

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Companies

The son of TPG chairman David Teoh will remain on the board of the company despite the charges.

Telecommunications

TPG to review David Teoh’s son assault conviction

TPG Telecom is considering its options after a non-executive director was convicted of assault.

by Zoe Samios

The Qantas Group has launched 26 new routes since the middle of last year.

Aviation

Qantas expansion ‘not predatory’, says ACCC boss

Rod Sims has shot down Regional Express’ claims that Qantas is dumping capacity and deliberately losing money on marginal routes to crush its smaller rival.

by Patrick Hatch

Premier Investments chairman Solomon Lew plays his cards close to his chest.

Opinion

Retail

Where’s Solly? Lew’s gone quiet on Myer, but he’s not gone away

by Elizabeth Knight

Opinion

Finance

Inside the murky Greensill corner of shadow banking

by Stephen Bartholomeusz

Updated

Earnings season

Myer profit jump not reliant on $51m JobKeeper, says CEO King

by Dominic Powell

Markets

Wall Street is falling in afternoon trade.

World markets

ASX set to dip as Wall Street slumps on rising bond yields

2 minutes ago
by Damian Troise

World markets

Fed chief Powell concerned about ‘disorderly’ market conditions

12 minutes ago
by Rich Miller

Sharemarket

‘Meme stocks’ go mainstream: There’s now a fund for that

The economy

Opinion

Interest rates

Heard the one about interest rates rising? Don’t be so sure

by Jessica Irvine

Opinion

Global economy

The Biden economy is at risk of growing too fast

by N. Gregory Mankiw

Opinion

Aged care

Only one thing will end the squalor of aged care

by Ross Gittins

Opinion & Perspectives

Building the capacity of future generations

Patrick Faucher

Very soon into my first year as teacher I learned about the many educationally vulnerable students in our community. I decided to change tack.

The upside of being interrupted at work

James Adonis

I never thought I’d ever admit to something like this, at least not publicly, but the small talk in the office I used to find awkward I’m seriously starting to miss.

How an industry renowned for exploiting workers cleaned up its act

Lesley Parker

A national initiative aims to make the cleaning industry more accountable to maintaining labour standards.

Banking & finance

AustralianSuper chief investment officer Mark Delaney says there's a big appetite for infrastructure spending.

Exclusive

Superannuation

‘Be proactive’: AustralianSuper calls on staff to help attract talent

33 minutes ago
by Charlotte Grieve

Property prices

ANZ boss warns of social problems from ‘unhealthy’ house price rises

by Charlotte Grieve and Clancy Yeates

Exclusive

Insolvency

APRA aware of IAG’s potential Greensill risk since November

by Sarah Danckert

BaFin on Wednesday (Germany time) said it closed the Bremen-based lender for business after finding irregularities in how Greensill Bank booked assets tied to a key client of Greensill Capital, British industrialist Sanjeev Gupta.

Insolvency

Germany’s financial watchdog shuts Greensill Bank

by Nicholas Comfort, Steven Arons and Lucca de Paoli

The global insurer was hit by ongoing uncertainty around exposure to COVID-19 business interruption claims and more natural disasters.

Sharemarket

QBE appoints Andrew Horton as new CEO

by Clancy Yeates

Greensill Capital founder Lex Greensill and his team expect to complete a sale of large parts of the business this week.

Insolvency

Greensill fights insurers as it prepares fire sale of business

by Sarah Danckert

Startups

I’m seriously starting to miss small talk.

Opinion

Startups

The upside of being interrupted at work

I never thought I’d ever admit to something like this, at least not publicly, but the small talk in the office I used to find awkward I’m seriously starting to miss.

by James Adonis

Xero chief executive Steve Vamos said the acquisition is part of the company’s strategy of growing the adoption of cloud accounting around the world.

Startups

Xero steps into workforce management space with $285m deal

ASX-listed cloud accounting giant Xero is setting its sights beyond small business bookkeepers as it forks out $285 million for workforce management platform Planday.