Keating accuses super managers of risky investing

Ben Butler and Gareth Hutchens The architect of the superannuation system, the former prime minister Paul Keating, has attacked super fund managers for investing too heavily in the stock market.

S&P warns states over debt burden

Gareth Hutchens The credit ratings for Victoria and New South Wales are expected to come under pressure.

Online ad spending to overtake TV in 2013

Gareth Hutchens The amount of money spent on online advertising is expected to overtake that spent advertising on either newspapers or free-to-air television by next year.

Advisers pick open bonuses

Gareth Hutchens Global asset manager BlackRock has criticised the way remuneration packages for Australia's highest-paid executives are structured, saying long-term incentive schemes have become too complex and...

ASX

Market shrugs off European inaction

Gareth Hutchens Despite European leaders failing to agree on a crucial Greek debt deal, Australia recovers its losses.

Tax plan could backfire, Rio Tinto warns

Gareth Hutchens RIO TINTO has warned that the federal government's plan to crack down on the tax minimisation strategies used by global companies such as Google and Amazon could ''come back to bite'' Australia if...

Tax plan could backfire, Rio Tinto warns

Gareth Hutchens Rio Tinto says the government's crackdown on tax strategies could 'come back to bite' Australia.

Regulator tightens rules on ultra-fast trades

Gareth Hutchens The ASIC announces new market integrity rules for high-speed traders and dark pools.

ASX

Greek setback weighs on shares

Gareth Hutchens The sharemarket lost ground today after Europe’s leaders failed to strike a crucial deal on a Greek bailout for the second week in a row.

ASX

What starts well doesn't always end well

Gareth Hutchens It was an interesting week for Australian stocks. Things went well for the first three days.

Healthy profit jump for wealth arm BT

Gareth Hutchens Westpac's part-owned wealth arm has reported a 36 per cent jump in full-year profit.

ASX

Down day despite spark from China

Gareth Hutchens The sharemarket lost more than 1 per cent on Thursday - despite a pick-up in China.

ASX

Investors not cheered by China data

Gareth Hutchens The stock market lost more than 1 per cent on Thursday, despite an encouraging pick-up in Chinese manufacturing activity.

Mood for credit still subdued

Gareth Hutchens Commonwealth Bank expects credit demand to remain subdued for at least the next 12 months.

UBS spares Australia in global jobs purge

Gareth Hutchens UBS Australia has escaped the global purge of employees by the Swiss investment bank, with no local jobs expected to go.

Taskforce set up in wake of Banksia collapse

Gareth Hutchens The corporate watchdog has set up a taskforce to consider toughening regulation of the country's debenture industry following last week's collapse of the non-bank lender Banksia Financial Group.

UBS Australia escapes global staff axe

Gareth Hutchens UBS unveils plans to wind down its fixed-income business and fire 10,000 bankers, but no local jobs will go.

Fears mount over ultra-fast trading

Gareth Hutchens Computer-driven trading has been the biggest thing to hit global sharemarkets in years.

Fears mount over ultra-fast trading

Gareth Hutchens LIGHTNING-QUICK computer-driven trading has been the biggest thing to hit global sharemarkets in years.