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America owes China $1tn. That’s a problem for Beijing, and Trump knows it

09 April 2017 | Guardian Australia


Banks are still lending too much to property owners

09 April 2017 | The Age

Real estate continues to dominate the headlines in tandem with speculation on the future of the housing market as the banking regulator's crack down on interest-only loans begins to bite.

Bank of Queensland chief executive John Sutton was front-page news last week when he revealed that some of his competitors were offering maximum loans of up to 30 per cent more than his bank was prepared to write. He finished with a timely warning: "This will end in tears."


The plot to kill off tough new wage fraud laws

06 April 2017 | SMH

 

Shocking cases of wage fraud in the big brands of 7-Eleven, Domino's, Caltex and United Petroleum, ricochet across the country, prompting all sides of politics to promise new legislation to rein in systemic wage fraud.

Or so we thought.



 


Australian millennials rank second last in global home ownership survey

06 April 2017 | ABC

Is the property market simply out of reach for younger Australians?

Australian millennials were ranked second last in home ownership in a recent survey by international bank HSBC.

The bank surveyed 9,000 millennials — people between the ages of 18 and 36 — in nine different countries.


Former RBA governor Bernie Fraser says penalty rate cut will produce inequality, not jobs

06 April 2017 | SMH

Former Reserve Bank boss Bernie Fraser has savaged the Fair Work Commission's cuts to penalty rates and the Turnbull government's company tax cuts, saying the measures will further entrench inequality but do little to produce jobs and growth.


ASIC head says he's still seeing 'appalling things' at Australian banks

06 April 2017 | SMH

The head of the corporate regulator says he is still uncovering "some pretty appalling things" when conducting surveillance on Australian banks.

Australian Securities and Investments Commission Chairman Greg Medcraft said banks still had a way to go to restore the trust of their customers, and while at a board level banks seem to "get it", on the ground there are still issues.


IAG CEO Peter Harmer blows the whistle on cyber risk

06 April 2017 | AFR

After a week of being bruised and battered over elevated reputation and credit risks, the last thing the bankers attending The Australian Financial Review Banking and Wealth Summit needed was a reminder of the rising operational risks from cyber attacks.

But the straight-shooting chief executive of Insurance Australia Group, Peter Harmer, did not dodge the question when asked what his firm had found while trawling through the "dark web".

 


Treasurer Scott Morrison to big business: Help us win on tax cuts

05 April 2017 | AFR

Treasurer Scott Morrison is calling on big business to take up the fight for tax cuts for major corporations, warning that without winning over the public there's little hope of the government passing the rest of its tax plan through the Senate.

While Mr Morrison will recommit the government to legislating the remainder of its tax cuts, the tarnished reputation of the top end of town is making it easier for Labor to demonise big business.

 


$20m for remote housing to roll out in 3 months but NTG is still unable to say who will qualify

05 April 2017 | ABC

Seven months into its term, the Northern Territory Government is struggling to put concrete details on a key election promise to equalise access to housing in the bush.

As part of its pre-election pitch to win back the support of bush voters, Labor tapped into discontent in remote communities over "discrimination" in the allocation of housing for government employees.


Adani mine railway loan would breach government's policy, says legal group

05 April 2017 | Guardian Australia

A $1bn federal loan to builders of a railway line between the proposed Adani coalmine and the coast would be a direct breach of government policy, a legal group has claimed.

Environmental Justice Australia has lodged a formal complaint with the Productivity Commission over the prospect of the Northern Australia Infrastructure Facility partially funding the 400km rail line.


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71-80 out of 200 results.

 

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