Business
Banking & finance
Opinion
Russia-Ukraine war
Russia’s financial lifeline faces a new threat
Russia continues to find ways to sell its oil and fund the war in Ukraine despite the West’s best efforts to strangle its revenues. But a new plan is being hatched.
- by Stephen Bartholomeusz
Latest
McDonald’s in, Netflix out: The new face of Magellan reveals her picks
Magellan’s global equity fund, co-managed by Nikki Thomas, will be a key influence on whether the embattled money manager can turn things around.
- by Clancy Yeates
AMP calls for cap on life insurance commission payments to be lifted
The financial advice sector is calling for commission payments for life insurance to be maintained, despite conflict of interest concerns.
- by Simone Fox Koob
Regulators home in on banks’ skinny deposit rate rises
Australia’s most powerful financial regulators are closely watching how much of the rise in interest rates banks pass on to household savings accounts.
- by Clancy Yeates
Zip Co tries to reassure market as share price tanks
As Zip Co’s share price continues to plunge, chief executive Larry Diamond argues the buy now, pay later provider’s business will be resilient to rising inflation.
- by Clancy Yeates
Updated
BNPL
Humm deal with Latitude still possible, say analysts
Humm’s majority directors resigned on Wednesday, less than a week after the collapse of a deal to sell the company’s consumer finance arm to Ahmed Fahour’s Latitude Financial.
- by Simone Fox Koob
Opinion
Cryptocurrencies
The ‘crypto winter’ has set in but it may have a silver lining
The crypto industry is in a wealth-destroying crisis but ultimately it might be a good thing for the sector and the investors who are able to survive it.
- by Stephen Bartholomeusz
RBA suffered ‘reputational damage’ from messy COVID policy exit
The RBA’s move last year to dump a policy it introduced to shield the economy during the depths of the COVID-19 pandemic led to market dislocation and damaged the central bank’s reputation.
- by Clancy Yeates
‘Double whammy’: Super funds are set for their worst year since the GFC
The typical super fund is set to post negative returns this financial year, in the worst performance since the global financial crisis.
- by Clancy Yeates
How Hong Kong roots fire UniSuper’s new CEO
Unisuper’s new chief executive Peter Chun has taken the reins during a period of immense change for the $3.4 trillion sector.
- by Charlotte Grieve
‘Things can go wrong’: Judo Bank tightens lending as rates ramp up
“I’m nervous about the psyche that says ‘she’ll be right’” the chief executive of Judo Bank, Joseph Healy, says.
- by Clancy Yeates