Apparently, the world is holding its breath on the unloading of a few bales of cotton, which “could change trade forever”. In Qingdao sometime in early November, 88 bales of cotton will be unloaded and…
Mortgage tracker rates follow the cash rate.
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Just when we all thought that the Australian Securities and Investments Commission (ASIC) had already won the race to be most ineffective regulator of the year, up pops the Australian Prudential Regulation…
ANZ has already struck a deal with Apple for its contactless payment system but now four other banks are arguing the company is making competition difficult.
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The competition in Australia’s contactless payment industry is heating up as Apple Pay sets up in Australia. However some banks claim the company is making the system less competitive.
Younger farmers are more willing to take up the opportunities presented by outside investment, a new study shows.
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A tussle between Attorney-General George Brandis and Solicitor-General Justin Gleeson intensified this week, and the outlook for their continued working relationship looks poor.
Did ANZ CEO Shayne Elliot let the cat out of the bag on manipulation of BBSW when speaking at the Standing Committee on Economics annual hearing?
Lukas Coch/AAP
In his response to questioning by MPs at the House Economics Committee hearings into the big four banks, Mr Shayne Elliott, CEO of ANZ, may have inadvertently let the cat out of the bag, When questioned…
ASIC chairman Greg Medcraft could learn a thing or two from his US counterparts.
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ASIC has been too slow to prosecute those accused of rigging the bank bill swap rate so it doesn’t matter if the government makes the penalties harsher for those found guilty.
Commonwealth Bank CEO Ian Narev speaks to the House of Representatives standing committee on economics.
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The initial day of the parliamentary interrogation of the big banks’ chiefs has probably only strengthened the hand of those urging a royal commission. Malcolm Turnbull proposed bank executives should…
NAB CEO Andrew Thorburn defended the culture of the bank he works for during the House of Representatives Standing Committee on Economics annual public hearing.
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As the chief executives of Australia’s big four banks come before a House of Representatives economics committee, we ask a panel of experts what questions the banks should be answering.
The industrial revolution wasn’t all about the spinning jenny and steam power. Money talked, and it needs to again if power and prosperity are to flow to the UK regions.
Just like the characters of The Big Short, its time to pick up the warning signs of a global financial crisis.
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The financial products offered by the shadow banking sector allow investors to be further removed from their investments and banks to escape regulation, increasing the risk in the sector overall.
A decision by South African hotel and casino group, Sun International to pull out of Nigeria raises many questions about the conditions of doing business in the second largest economy in Africa.
The inaugural week of the new parliament reinforced the point that Bill Shorten plans to do everything possible to harass Malcolm Turnbull.
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As any good farmer will tell you, always shut the gate. On Thursday a number of government MPs, including several ministers, rushed away from parliament, leaving the gate wide open, and the opposition…
Anthony Albanese has expressed concern about supporting the scrapping of the clean energy supplement for new welfare recipients.
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Federal MPs reassemble in Canberra on Monday ahead of Tuesday’s opening of parliament, with the government talking up what the Coalition used to call a budget emergency and Labor keeping maximum pressure…
Bill Shorten is continuing his push for a royal commission into the banks.
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Bill Shorten is continuing to pressure for a banking royal commission by highlighting rising bank profits and escalating consumer complaints in recent years.
Malcolm Turnbull said on Friday that changing Section 18C of the Racial Discrimination Act ‘was not a priority’.
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Malcolm Turnbull’s rhetoric this week has been designed to put the heat on Labor over budget repair. But he has three grassfires on his hands even before the new parliament starts on August 30 – and they’re…
The heightened scrutiny of Australia’s immigration policies in recent weeks has shone a light on the long-term problems of indefinite detention of asylum seekers on Manus Island and Nauru.
Scott Morrison said the Moody’s affirmation was a ‘welcome boost’.
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Moody’s has reaffirmed Australia’s AAA credit rating, as Malcolm Turnbull seeks to put pressure on Labor and crossbenchers to pass measures to help repair the budget.
Australian banks improved their efficiency after the introduction in 2003 of the ASX Principles of Good Corporate Governance, which aimed for improved governance mechanisms and thus better control over bank management.
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Good corporate governance is good for efficiency and profit in banks. But having independent board members and the number of board meetings don’t play a role, research shows.