TOPIC
The 2026 global economy: nervously muddling through
The world economy enters 2026 in a nervous state. Volatility and cautious consumers are the norm, even though growth has proven surprisingly resilient.
Banks on shaky ground hit by royal commission costs, flat revenues and demands for high dividends
Three of the so-called four pillars, NAB, ANZ and Westpac, will release first-half results in coming days — CBA marches to a different...
New bank authorised in Australia, eyes ‘huge market’
The lender, Judo Capital, has now been granted an operate to licence as an authorised deposit taking institution (ADI) under Australia’s Banking...
Record low inflation reading puts pressure on the Reserve Bank to cut interest rates
Core inflation —an average of the trimmed mean and weighted median measures and regarded as the RBA's preferred inflation measure — came in at...
Banks, super funds reject PM’s $1b business growth fund
On Tuesday, Mr Morrison announced a $100 million investment from government to seed the fund and the amount has been matched by the Commonwealth...
Former NAB financial adviser charged
Following an ASIC investigation, Max Kiattisak Eung of Tempe, NSW, has been charged with two offences of obtaining financial advantage by...
M&A activity reaches highest level in 7 years
A total of 49 transactions valued over $50 million were announced in Australia in 2018, representing a 19.5 per cent increase from 2017, Gilbert...
ASIC bans Gold Coast financial adviser for 6 years
An ASIC delegate found Rodney Peters of Mudgeeraba represented to clients that he had authority to engage in discretionary trading when this was...
Shareholders give MYOB takeover the green light
Seventy-three per cent of eligible shareholders voted on whether to sell their shares for $3.40 each, with 82 per cent of votes cast in favour...
Frydenberg and Bowen lock horns as Labor updates website
The opposition’s website detailing its plans to halve the CGT discount and limit negative gearing to new investments has been considerably...
Shorten insists franking credits are devouring ‘our budget’
Responding to attacks on his franking credits policy, Mr Shorten said that “if you are getting a tax credit when you haven’t paid any income tax,...
