Today's Lead Article
| 02 Jan 2017
In a year characterised by a series of shocks and sharp reversals of fortunes, many shareholders will remember 2016 as the year Australia's miners roared back to life after a painfully long period in the doldrums.
Understanding Trump the businessman President
Donald Trump's presidential victory has been greeted by most of the mainstream media with shock and apprehension, which is to be expected given that they were barracking for his opponent. It is worth examining just why the antipathy to Trump has been so great among those used to pulling the levers of power.
Front running, insider trading, collusion: Scandals just keep rolling
Corporate Australia has wound down for the silly season, but the scandals haven't abated, particularly in the banking sector.
Financial Observer | 18 Jan 2017 | Investing
Labor has renewed calls for the government to conduct a royal commission into Australia’s financial services sector, arguing Prime Minister Malcolm Turnbull’s ‘evasive tactics’ have obstructed necessary structural and cultural change in the industry.
Business Insider | 18 Jan 2017 | Investing
Money has been pouring out of active management and into index funds. More than $1 trillion dollars has flowed into index funds over the past three years, according to the Investment Company Institute.
Investment Magazine | 05 Jan 2017 | Super
On the first Saturday in March 2016 Jenny Oliver was at her local netball courts in Sydney, but she wasn’t watching when her daughter scored a goal. Oliver, who heads up the group insurance division of Australia’s largest life insurer TAL Life, had missed it because both eyes were glued to her smartphone watching the comments unfold on a story the Sydney Morning Herald was running about alleged improper claims handling practices at rival CommInsure.
World Economic Forum | 04 Jan 2017 | Portfolio
There are tons of cognitive biases that affect our daily decision-making.
WSJ | 04 Jan 2017 | Economics
From stalled hiring to plunging stocks, a look back at recession signals that weren't
WSJ | 04 Jan 2017 | News
With trading volumes rising and some countries making large cash payments more difficult, higher demand has pushed the bitcoin price up
The Age | 31 Dec 2016 | Portfolio
Saving for retirement is a multi-decade investing venture, even for those approaching retirement. Indeed, actuaries in 2015 stated that there is a 70 per cent chance that one of a 65-year-old couple will reach 90 years old, meaning that even retirement is a multi-decade investing proposition.
The Age | 30 Dec 2016 | Economics
There is a "realistic" prospect that in 2017 interest rates in the United States will be higher than in Australia for the first time in 15 years, NAB economists say. The last time this happened, the Aussie dollar plunged as low as US48¢.
The Age | 30 Dec 2016 | Investing
Since going public in June 2013, Commonwealth Bank whistleblower Jeff Morris is contacted at least once a month by company insiders asking for advice about reporting corporate misconduct.
Eureka Street | 30 Dec 2016 | Economics
The idea that machines will replace humans, transforming the work force, is far from new. The Luddites, bands of English workers who destroyed machinery in cotton and wood mills in the early 19th century because they believed the machines were taking their jobs, were responding to exactly these fears.