Business
Banking & finance
Guzman y Gomez ASX pop won’t stop super funds from looking offshore
Australia’s $3.5 trillion superannuation industry is continuing to invest in offshore assets amid a shortage in the supply of shares available locally.
- by Millie Muroi
Latest
Opinion
Cryptocurrencies
Bitcoin’s big moment on the Australian sharemarket proves one thing
Investors can now punt on bitcoin via the ASX in a milestone for Australian investors. It answers a key question.
- by Clancy Yeates
CBA targets rivals as chase for business banking crown heats up
While NAB is the big fish in business banking, Vacy-Lyle says CBA is also keen to cut Macquarie down to size, by sharpening its focus on the real estate market.
- by Millie Muroi
Exclusive
Gas
Major financial institutions cut ties with Santos’ Barossa gas project
An international bank and a foreign investor are ending advice and loans, prompting calls for local banks to follow suit.
- by Sumeyya Ilanbey
NAB shareholder takes bank to court in a bid to secure confidential papers
Diana Beere is fighting the bank in court to ensure it is true to its word on investing in coal mining before she passes her shares on to her descendants.
- by Millie Muroi
Opinion
Payments
The way you pay is costing you big time. Here’s how to play your cards right
Sneaky transaction fees – with a nearly $1 billion price tag in Australia last year – are burning a hole in our wallets. Here’s how we fight them.
- by Millie Muroi
Opinion
BNPL
The real risk facing Afterpay and its rivals
Afterpay turns 10 this year and the tricky debate on how best to regulate buy now, pay later firms is still going on.
- by Clancy Yeates
Worker shortage still a headache for firms: NAB’s new business boss
The newly minted boss of National Australia Bank’s flagship business bank, Rachel Slade, says local firms are still having trouble finding staff as they work their way out of softer economic conditions.
- by Millie Muroi
$14b super fund misled investors by greenwashing, court finds
Active Super deceived investors when it claimed it had restricted members’ exposure to gambling, coal and Russian companies, the Federal Court ruled.
- by Sumeyya Ilanbey
Afterpay co-founder points to Gen Z, Millennials’ growing economic clout
The cost-of-living crisis has fuelled greater demand for buy now, pay later products – especially from younger Australians – says Block executive Nick Molnar.
- by Clancy Yeates
Downsizing not on the radar for most retirees: AMP
Many retirees are concerned about running out of savings, while also wanting to help their kids. But a new survey suggests most don’t want to respond by downsizing the family home.
- by Clancy Yeates