Clancy Yeates

Clancy Yeates

Clancy Yeates reports on banking and finance and is a former Canberra business correspondent.

States to eye online shopping for GST boost

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Clancy Yeates State treasurers will this week consider calls to cut the GST-free threshold for goods bought from overseas online stores, in an attempt to bolster flagging revenues.

Packer takes $1b on CMH sale

Consolidated Media shareholders approve the company's sale to News Corp for $1.94 billion.

Colin Kruger and Clancy Yeates Consolidated Media shareholders approve the company's sale to News Corp for $1.94 billion.

Joyce shrugs off any concern over airline competition

Chief executive claims Qantas is 'in the best position in all segments that it operates in'.

Matt O'Sullivan and Clancy Yeates Chief executive claims Qantas is 'in the best position in all segments that it operates in'.

Future Fund poised to boost its infrastructure assets

The $80 billion Future Fund looks to shield its portfolio from further bouts of market volatility.

Clancy Yeates The $80 billion Future Fund looks to shield its portfolio from further bouts of market volatility.

Future Fund sees security in infrastructure

Clancy Yeates The $80 billion Future Fund has signalled it is looking to splash out on more infrastructure assets, in an attempt to shield its portfolio from further bouts of market volatility.

Packer spruiks casino plans in Canberra

James Packer.

Clancy Yeates James Packer misses his billion dollar pay day at ConsMedia's AGM to ramp up his push for a second casino in Sydney.

Call for control of derivatives

Regulators are threatening to impose tougher rules on opaque $65 trillion-a-year market if the financial sector fails in its efforts to increase transparency.

Clancy Yeates Regulators are threatening to impose tougher rules on an opaque $65 trillion-a-year market.

Industry facing 'image' issues

Allan Moss has weighed into the debate over Australia's $1.4 trillion retirement savings system.

Clancy Yeates Allan Moss has weighed into the debate over Australia's $1.4 trillion retirement savings system.

Gonski defends Future Fund credentials and tobacco share holdings

Future Fund chairman  David Gonski  has sought to defend the fund?s social and environmental credentials.

Clancy Yeates Future Fund chairman David Gonski has sought to defend the fund's social and environmental credentials.

Macquarie feels winds of change

Macquarie Bank

Clancy Yeates Nicholas Moore adds investment banking to the list of industries suffering from structural changes.

Macquarie on track despite weak global turnover

Macquarie Group is moving to surrender the management of another of its infrastructure satellites.

Clancy Yeates Macquarie Group says it is on track to post its first full-year increase in profits since 2010, despite sluggish conditions on global markets taking a hefty toll on its flagship investment banking...

Future Fund's tobacco investments face chop

Superannuation fund First State Super has wiped from its portfolios all companies involved in the manufacture of tobacco products.

Clancy Yeates The taxpayer-owned Future Fund has put its $219 million in tobacco investments under review, and will consider the case for ditching the controversial holdings.

Swan to continue push for self-funded corporate tax breaks

Wayne Swan

Clancy Yeates Business hopes of a company tax cut have been killed off by a high-powered government advisory group.

Treasurer's working group at a stalemate over company tax cuts

Tax

Clancy Yeates HOPES of a company tax cut have been killed off by a high-powered government advisory group, after much of corporate Australia refused to surrender tax benefits in exchange for lower taxes.

Housing not main risk to economy: RBA

Housing

Clancy Yeates A senior Reserve Bank official says housing markets are not the biggest threat to financial stability, despite the economic turmoil unleashed by property busts in the United States and elsewhere.

Super call for own-up on big fees

Union-backed super funds are calling for sweeping new rules requiring fund managers to reveal their pay packets.

Clancy Yeates Union-backed superannuation funds are calling for sweeping new rules requiring fund managers to reveal their pay packets.

Asian banks fill funding shortfall

Japanese banks are stepping into the funding gap left by crippled European lenders pulling their capital from Australia.

Clancy Yeates Japanese banks are stepping into the funding gap left by crippled European lenders pulling their capital from Australia.

Asian banks step in as European lenders pull out

Clancy Yeates Japanese banks stepped into the gap left by European lenders pulling their capital from Australia during the latest bout of market turmoil, new figures show.

Industry angry over monthly tax plan

Big business will be forced to hand over company tax payments to the government earlier.

Clancy Yeates Big business will be forced to hand over company tax payments to the government earlier.

Monthly tax bill to help plug budget hole

Tax

Clancy Yeates The budget will receive a $8.3 billion boost in the three years from 2014 as the government moves to collecting company taxes every month, rather than quarterly.