One of Australia's biggest banks, the ANZ, does not take steps to verify the expenses of people applying for home loans. It checks their declared income but not expenses, which a royal commission heard possibly puts the bank in breach of Australia's responsible lending laws. SeniRead More »
Stocks to watch on the Australian stock exchange: ORG - ORIGIN ENERGY - up 23 cents, or 2.6 per cent, at $9.07 OSH - OIL SEARCH - up 11 cents, or 1.6 per cent, at $7.18 WPL - WOODSIDE PETROLEUM - up 43 ...
Protecting driverless vehicles and drones from being hacked is set to be one of the growth jobs of the future, according to a report from Australia's CSIRO. CSIRO's data innovation group, Data61, says cyber-physical systems security will be one of the top seven growth sectors, or sunrise industries
The Australian share market has closed slightly higher on Monday, helped by positive leads from US and European markets but the Australian dollar has taken a beating from lower commodity prices and the ...
The Turnbull government is a step closer to securing its national energy guarantee, saying Labor's removal in South Australia paves the way for "sensible" policy. Cabinet minister Simon Birmingham said the ousted Weatherill government's "big experiment" with renewable energy
After almost a week of attacking Labor's plan to end cash handouts for non-taxpaying shareholders, the focus switches back to the Turnbull government and what has proved to be its own controversial proposal to cut company tax. Senate debate on the remainder of the 10-year plan to incrementally reduce
Venerable cricket broadcaster the Nine Network is understood to have joined with rejuvenated rival Ten to bid for a new five-year contract to broadcast the game. Cricket Australia will accept no more bids for its multi-million dollar rights after 1700 AEDT on Monday, ending months of negotiations that
A $100 million tax incentive scheme to encourage resources exploration aims to arrest the decline in Western Australia's mining sector. Legislation cleared the Senate on Monday with Labor supporting the new scheme. The Junior Mineral Exploration Tax Credit aims to make it easier to raise money
Capital city home prices were down on average by 0.1 per cent last week compared to the prior week, but they were up 1.1 per cent compared to a year ago. Nearly 3,100 homes went under the hammer across Australia's five major capital cities in the week ending March 18, making it the second busiest
The Australian share market has given up all its early gains to sit flat at noon after financial stocks lost their momentum. The benchmark S&P/ASX200 index was at 5,946.2 points at 1200 AEDT on Monday ...
The new South Australian government has signalled it will sign up to the Turnbull government's national energy guarantee, but wants to see the modelling first. "We want the most reliable energy in the country, and to do that we need a national approach," Premier Steven Marshall told ABC
Capital city home prices were down on average by 0.1 per cent last week, while the number of auctions surge. Nearly 3,100 homes went under the hammer across Australia's five major capital cities in the ...
The Australian share market has opened higher following solid gains by Wall Street and European markets and higher oil prices. The benchmark S&P/ASX200 index was up 0.37 per cent at 5,971.4 points at 1030 AEDT, with the energy sector leading gains following a strong rise in global oil prices. CMC Markets
Walmart's patent filings hint that it may see a future where farmers use its drones to not only spot crop problems but selectively apply chemicals or even disperse pollen to bring shoppers the freshest and cheapest food possible. The world's largest retailer applied for six patents last year
The Australian share market has opened higher after there were solid gain on Wall Street and European markets at the end of last week. At 1015 AEDT on Monday, the benchmark S&P/ASX200 index was up 31.1 points, or 0.52 per cent, at 5,980.5, while the broader All Ordinaries index was up 28.8 points, or
Britons going on holiday in the European Union next year will need to pay more for travel insurance and get documentation to take their cars to the continent without a strong Brexit transition deal, the head of Britain's insurance trade body said on Friday. Britain and the EU could agree a "
Commonwealth Bank of Australia has warned its staff the banking royal commission will this week hear evidence about its unfair behaviour toward some customers. "There will be cases highlighted next week where customers have been treated unfairly by us," incoming chief executive Matt Comyn
Outsized returns delivered by Amazon.com, Netflix and other heavyweight technology stocks have made them heroes on Wall Street, but some strategists warn that investors' reliance on them exacerbates the risk of a steep downturn. Amazon's 35 per cent surge in 2018 has pushed its market capitalisation
The Turnbull government has enlisted the help of the former Minerals Council boss to help secure its company tax cuts in the Senate. Finance Minister Mathias Cormann hopes to put the legislation to a vote by the end of the sitting fortnight and has employed Brendan Pearson temporarily to help lobby
The Australian share market is expected to open higher, following some modest gain on Wall Street at the end of last week, ahead of a likely interest rate hike by the US Federal Reserve. At 0700 AEDT on ...
Australia's business chiefs have rammed home the message to their Southeast Asian counterparts that they've got so much more than minerals to export. A who's who of Australian business chiefs including banking bosses and the heads of Coca Cola Amatil, Crown and Telstra held talks at the
NEW YORK: The S&P 500 and the Dow Industrials rose on Friday, boosted by strong industrial output numbers, though all three of Wall Street's major indexes posted losses for the week. February industrial production jumped 1.1 per cent, the largest increase in four months. Energy led the major sectors