Adele Ferguson.

Banks turning sour on dairy debt

Murray Goulburn's decision to open 2017 farmgate prices below market expectations will put farmers in the gun and banks on high alert.

'This isn't the GFC'

National Australia Bank spin-off CYBG has been one of the hardest hit banking stocks following the Brexit vote.

European banks are in a much weaker situation than Australian banks, which represent a good buying opportunity, fund manager says.

NAB denies ASIC access to documents

NAB is the third of the big four banks to be sued over alleged BBSW manipulation.

National Australia Bank has been accused of withholding documents and delaying a landmark trial into rate-rigging at three of Australia's biggest banks.

QBE downplays any Brexit business losses

QBE said if passporting rules are not preserved, it will have to renew this business into "newly established licensed EU ...

QBE says it doesn't see any "material impact" on insurance operations from Brexit. But its stock is down sharply again on Monday. Clydesdale, Henderson and BTIM are also lower on the ASX.

What will happen to super funds now?

SUPER AFR 100830 MELB PIC BY JESSICA SHAPIRO...
GENERIC superannuation, portfolio, golden egg, nest egg, invest, fund ...

Australians managing their superannuation or trying to build a nest egg will be wondering what to do as the full impact of Britains decision to leave the UK pulls down stock markets.  

'Mayhem' as Australians rush to buy pounds

British one pound sterling coins stand in front of a British Union flag, also known as a Union Jack, in this arranged ...

Australian currency shops are experiencing "mayhem" after Britain voted to leave the European Union and the Pound Sterling fell to its lowest point in more than 30 years.

Macquarie to face penalties over van Eyk fund

Macquarie agreed to a statement of facts with ASIC over investments by a fund for which it was responsible entity.

Macquarie Investment Management concedes it did not do enough as responsible entity to assess the risks taken by a van Eyk fund that collapsed in 2014, after investing $30 million in a Cayman Islands fund.

Traders gear up for Brexit all-nighter

It's going to be a long busy night in London's Canary Wharf financial and business district.

Across Europe, banks are bringing in sleeping bags and bunk beds: It promises to be a record-setting night, whether in terms of trading volatility or in gallons of coffee consumed.

CBA leading the way on diversity

CBA has appointed Anna Lenahan as a new group executive.

CBA has poached Suncorp's chief risk officer, Anna Lenahan, as a new group executive, a hire that will mean women make up half of the 12 senior executive positions reporting to CEO Ian Narev.

Mortgage holders still in too much debt

Home lending standards may tighten further according to new Macquarie research.

Australian banks still allow property investors to borrow a significantly larger multiple of their income than owner-occupiers, despite a crackdown on lending.

Banks turning sour on dairy debt

Adele Ferguson.

Murray Goulburn's decision to open 2017 farmgate prices below market expectations will put farmers in the gun and banks on high alert.

The difference isn't as big as they want you to believe

Illustration: Simon Letch

I get criticised by rusted-on supporters of both sides of politics when I say this, but that doesn't stop it being true: there are differences between the two sides' policies, but they're not as great as they want us to believe (and their supporters do believe).

Morrison plays get-out-of-jail-free card

Treasurer Scott Morrison points to a graph as he announces the coalition government's election costings with and ...

In budgeting it's known as the magic asterisk, the get-out-of-jail-free card. If it looks as though you'll be in the red, you simply add in a figure for general unspecified savings and, magically, your problem's solved.

Executive Style

Small Business

The biggest boom yet

Alexandra Cain

If you're looking to start a business is an industry that's practically recession proof, look no further than aged care.

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