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Billable hours and bonuses not a good fit, says Minters boss
Australia’s biggest law firm says it will revisit the link between billable hours and bonus payments.
Oct. 17, 2019, 1:22 a.m.
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Putting customers first is 'not easy': AMP
AMP chief executive Francesco De Ferrari has conceded that 'pivoting a business towards clients is an interesting drive that I am pushing very hard.
Oct. 17, 2019, 1:13 a.m.
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ANZ slashes price of wealth unit for IOOF
Bank sells wealth arm after cutting the multiple to 13.5 times from 15.5 times and gaining approval from the trustee.
Oct. 17, 2019, 12:18 a.m.
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Why Elliott says big banks are unsustainable
ANZ boss Shayne Elliott says falling profitability and returns mean the big bank model of being all things to all people is cracking.
Oct. 17, 2019, 12:16 a.m.
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Larry Summers: why I joined Afterpay
The former US treasury secretary says he was attracted to Afterpay's "principled stand" to reduce credit card “addiction” in the US.
Oct. 16, 2019, 11:47 p.m.
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Life insurers selling 'junk' insurance via super
Life insurers are routinely selling "junk" total and permanent disability products through superannuation funds, a damning review by the Australian Securities and Investments Commission has found.
Oct. 16, 2019, 11:28 p.m.
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The west is reminded why it liked US leadership
The more the US president unwinds his country’s external commitments, the more other nations see the resultant damage to the global commons.
Oct. 16, 2019, 10:26 p.m.
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RBA tips housing supply shortfall
Reserve Bank deputy governor Guy Debelle said a shortfall in housing supply was "quite likely" in the foreseeable future and that would trigger a "larger price response" in property values.
Oct. 16, 2019, 10:21 p.m.
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ASX to slide; Labour force figures ahead
Australian shares are poised to slide; EU-UK close to Brexit deal; Wall St mixed as US retail sales fall; Australia's September labour force figures ahead.
Oct. 16, 2019, 9:01 p.m.
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ANZ says beware of fintech’s wolves
ANZ chief executive Shayne Elliott said fintech lenders who charge elevated interest rates have serious questions to answer, arguing a bank would be condemned for putting out the same product.
Oct. 16, 2019, 7:16 a.m.
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Afterpay shares to halve within a year: UBS
Investment bank UBS predicts buy now, pay later juggernaut Afterpay's share price will halve within a year, initiating coverage with a sell rating and flagging looming regulatory risks.
Oct. 16, 2019, 2 a.m.
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Harvey Norman's $174m capital raise falls short
Harvey Norman's $174 million capital raising has fallen $8 million short, even though the new shares were offered at a 46 per cent discount to the market price.
Oct. 16, 2019, 1:27 a.m.
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Treasury Wine CEO defiant on share sales
The boss of Treasury Wines says Australia is a high taxing country and he sold $17m of shares in 15 months mainly to cover tax bills.
Oct. 16, 2019, 1:18 a.m.
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The decline and fall of Neil Woodford
The former manager of Woodford Equity Income Fund could easily reinvent himself, running family and client money privately. His cult of personality is over in retail investment.
Oct. 16, 2019, 12:03 a.m.
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Latitude’s death by a thousand cuts
It wasn’t one thing that killed the float of Latitude Financial for a second time, but many.
Oct. 15, 2019, 11:34 p.m.
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Earnings quality, sliding issue price killed Latitude float
Latitude chief Ahmed Fahour has emailed staff telling them its float will not proceed.
Oct. 15, 2019, 11:33 p.m.
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CBA tips apartment shortage by 2020
The construction downturn would bottom out by mid next year and there could be a shortage of apartments by 2020, the Commonwealth Bank has forecasted.
Oct. 15, 2019, 11 p.m.
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ASX to rally; Rio Tinto downgrades production guidance
The US's largest banks have had a better than expected third-quarter; Oz Minerals upgrades guidance for gold production in fiscal 2019; Challenger increases FUM.
Oct. 15, 2019, 9:17 p.m.
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Latitude fails to light up ASX, float pulled for second time
The silence was deafening out of the Latitude Financial Group camp on Tuesday night after its float was pulled.
Oct. 15, 2019, 9:47 a.m.
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Bahn: Neues Gutachten legt den Beratersumpf offen
Ein 432-seitiges EY-Gutachten wirft Fragen bezüglich der Berater-Auswahl auf. Die Praxis ist zwar abgestellt, hat aber noch Folgen für Vorstand Berthold Huber.
Oct. 10, 2019, 2:01 a.m.
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Matsmart: Metro und Ikea investieren in Kampf gegen das Wegwerfen
Karl Andersson verkauft Lebensmittel, die sonst weggeworfen würden. Zusammen mit Metro startet seine Firma Matsmart jetzt auch in Deutschland.
Oct. 10, 2019, 1:59 a.m.
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Thailands PET-Flaschen-König hat ein Plastikproblem
PET-Flaschen machten Aloke Lohia zum Milliardär. Doch die Debatte um Plastikverschmutzung setzt ihn unter Druck. Einen Ausweg sucht er in Deutschland.
Oct. 10, 2019, 1:58 a.m.
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US-Senatoren erhöhen Druck auf Facebooks Kryptowährung Libra
In einem Brief wenden sich zwei Demokraten an Visa, Mastercard und Stripe und drängen sie dazu, sich von der digitalen Währung abzuwenden.
Oct. 10, 2019, 12:59 a.m.
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Proteste gegen die Regierung in Ecuador dauern an
Landesweit legte ein Generalstreik das öffentliche Leben lahm. Der Ausstand war überwiegend friedlich, allerdings kam es auch zu Straßenschlachten zwischen maskierten Jugendlichen und der Polizei.
Oct. 10, 2019, 12:25 a.m.
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Trump verteidigt US-Rückzug aus Syrien gegen Kritik
Nach dem Rückzug aus Syrien spielt Trump eine mögliche Gefahr von Islamisten-Angriffen für die USA herunter. Auch Außenminister Pompeo verteidigt den Truppenrückzug.
Oct. 10, 2019, 12:13 a.m.
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Hedge Funds Grow Bearish on Nike Stock amid China Drama
Some big investors in Nike stock unloaded shares at the end of Q2, missing out on gains but also sidestepping some risk.
Oct. 9, 2019, 11:15 p.m.
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Dow Futures Plunge After-Hours as China Trade Deal Remains Elusive
Futures on the Dow and broader U.S. stock market plunged anew Wednesday evening, as investors braced for the likelihood of a no-deal trade summit between the United States and ...
Oct. 9, 2019, 11:14 p.m.
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Tunesier wählen ein zersplittertes Parlament
Die Tunesier strafen die etablierten Parteien ab. Zweitstärkste Kraft wird die Partei des Präsidentschaftskandidaten Nabil Karoui, der am Mittwoch überraschend freikam.
Oct. 9, 2019, 10:55 p.m.
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NBA's Free Speech Bluster Exposed by Ejection of Pro-Hong Kong 76ers Fans
Adam Silver blustered about free speech, but the ejection of 76ers fans chanting "Free Hong Kong" exposed the NBA's true feelings.
Oct. 9, 2019, 9:50 p.m.
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Risse an Boeing-Jets – US-Airline zieht zwei 737 NG aus dem Verkehr
Wegen Rissen an Bauteilen sind Jets vom Typ Boeing 737 NG aus dem Betrieb genommen worden. Auch die Stornierung von 22 Dreamlinern sind schlechte Nachrichten für das Unternehmen.
Oct. 9, 2019, 9:11 p.m.


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