Council moves to muffle the souped up supercars roaring through upscale Knightsbridge.
Banking & Finance
James Eyers 7:39 PM Westpac Banking Corp shareholders expressed confidence on Tuesday that the bank would be able to promptly resolve issues with its systems that is preventing the bank from following its competitors and raising interest rates for property investors.
Shaun Drummond 3:48 PM Big and small banks disagree on whether impending changes to a vital source of funding will help or hinder them.
Shaun Drummond 3:43 PM Big investments in high-security chip and PIN cards and tap-and-go payment terminals by Australia's dominant banks and supermarkets has slowed the advance of Jack Dorsey-led payment upstart Square.
James Eyers 10:29 AM In the new digital world, banks have essentially become big technology companies. For Brian Hartzer, Westpac's IT systems may be a bigger challenge than initially thought.
Joyce Moullakis Securities dealers that traded through the now defunct BBY are feuding with the re-branded Asia Pacific Prudential Group, accusing the firm of failing to release client data and attempting to steal their customers.
James Eyers and Clancy Yeates 12:15 AM Westpac Banking Corp's information technology systems have prevented it joining the other major banks to raise mortgage interest rates in response to growing regulatory pressures.
Clancy Yeates National Australia Bank is raising interest rates on interest-only home loans, a move it says is aimed at slowing down housing investor credit growth.
Shaun Drummond Small banks are likely to take a different approach to repricing existing loans to claw back profits as well as market share.
Clancy Yeates ANZ and CBA maintain that the regulator's 10 per cent a year cap on housing investor credit growth is a key reason for their moves to raise rates for these customers by 0.27 percentage points.
Sally Rose Retail investors in the Australian sharemarket need to turn to small caps, because low interest rates and a lacklustre economy mean blue chip stocks will struggle to deliver capital growth in the years ahead.
Sarah Danckert The Abbott government's decision to launch a review into the capabilities of the Australian Securities and Investments Commission has raised hopes that the powers of the corporate watchdog will be expanded.
Devin Banerjee, Eric Newcomer and Leslie Picker Airbnb is close to hiring Blackstone's Laurence Tosi as CFO, it has been said.
Shaun Drummond The second Bitcoin miner to try a listing on the ASX has said it will be a further two weeks before it can resubmit its prospectus.
Chad Bray Swiss bank Credit Suisse has returned to profit in the second quarter, helped by stronger results in the Asia-Pacific.
Sarah Danckert A company linked to Liberty Financial's embattled managing director Sherman Ma is suing another company associated with ... Sherman Ma.
Clancy Yeates Australia's mining and finance giants are being urged to publish more information about the way they support the mental health of their staff, with a new report finding these industries lag overseas peers.
Joyce Moullakis Macquarie Group has given a strong assurance it will look to raise equity to fund potential acquisitions, as it adopts more bullish guidance for 2016 that puts the company well on its way to return to record profits.
Shaun Drummond The country's biggest salary packager, McMillan Shakespeare, has made another purchase to diversify away from novated leases, with the acquisition of United Financial Services for $42 million.
Shaun Drummond Property Exchange Australia is CITIC CLSA Capital Markets' first big client after the property transfer site confirmed it had appointed the adviser to assess the prospects of a possible $1 billion listing or sale some time in the next two years.
Adele Ferguson and Sarah Danckert Scandal-ridden financial services giant IOOF has closed its My Adviser and Plan B financial planning arms after moving on 33 out of 48 advisers at My Adviser for claiming they were out of step with the company's culture, according to sources.