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Industry super fund Cbus claims $1b lift from banking royal commission

Industry super fund Cbus claims $1b lift from banking royal commission

Cbus chairman Steve Bracks says the industry super fund has had $1 billion in extra inflows since the banking royal commission at the expense of retail funds.

  • by Ruth Williams

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Ghost cities: 50 million homes in China are empty
Property market

Ghost cities: 50 million homes in China are empty

Chinese President Xi Jinping's mantra that homes should be for living in is falling on deaf ears, with tens of millions of apartments and houses standing empty across the country.

  • by Paul Panckhurst & Emma Dong
Has Chinese investment become toxic?
Analysis
China

Has Chinese investment become toxic?

The government's decision on Wednesday to reject Hong Kong utility firm CKI's $13 billion takeover bid for Australian gas pipeline company APA has forced a revision of just how open Australia remains to Chinese investment.

  • by Cole Latimer
Services are taking over the economy - despite political pushback
Opinion

Services are taking over the economy - despite political pushback

One test of whether our politcians are looking to the economy’s future or clinging to its past is whether they understand our future lies in the services economy.

  • by Ross Gittins
Rates to stay on hold despite RBA optimism
Interest rates

Rates to stay on hold despite RBA optimism

The Reserve Bank has reiterated that its increasing optimism about the Australian economy does not mean the cash rate will be moving any time soon.

Why Australia needs to be a renewable energy superpower
Opinion
Renewables

Why Australia needs to be a renewable energy superpower

Renewable energy can be the "fair dinkum" source of 100 per cent of Australia's power.

  • by Mike Cannon-Brookes
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The wealthy country: Australians are the richest people in the world
Rich list

The wealthy country: Australians are the richest people in the world

When it comes to median wealth per adult, Australians are the richest people in the world, a report by Credit Suisse shows.

  • by Shayanne Gal & Hilary Brueck
The day India's money vanished
World markets

The day India's money vanished

In the United States, November 8, 2016 is remembered as the day Donald Trump was elected president. In India, it is the day that cash disappeared.

  • by Joanna Slater
Trump's $2.1 trillion deal with the devil has failed
Opinion
Governance

Trump's $2.1 trillion deal with the devil has failed

Get ready for fireworks, it is downhill on every front from here.

  • by Ambrose Evans-Pritchard
Spectre of China hovers in government veto of $13 billion APA takeover
Analysis
Gas

Spectre of China hovers in government veto of $13 billion APA takeover

Treasurer Josh Frydenberg's reasoning for blocking a Hong Kong-based group from taking over APA doesn't make a lot of sense - unless you read between the lines.

  • by David Fickling
What's an arts degree really worth? $200,000, just for starters
Education

What's an arts degree really worth? $200,000, just for starters

A smaller proportion of students is opting for degrees in humanities, but the versatile skills learnt are in increasing demand.

  • by Jessica Irvine