Mercedes


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Westpac crackdown on foreign buyers and money laundering

20 March 2017 | AFR

Property buyers will be quizzed about their tax residency under new anti-money laundering rules being introduced by Westpac and its subsidiaries' St George Bank, Bank of Melbourne and BankSA.




Politics at tipping point as one in four voters flee Labor and the Coalition

19 March 2017 | The Age

Australia is poised for widespread political instability as more than one in four voters flee the two-party system, political analysts say.

Disgust and disappointment with major parties is approaching historic levels as Australians follow British and Americans voters and reject new age politics.


Broad agreement, but free trade a bridge too far at G20

19 March 2017 | AFR

The world's leading finance ministers will end two days of talks on Saturday struggling to agree on a final statement amid deep divisions over trade and protectionism in the wake of US President Donald Trump's "America First" plan.



'Bad apple' advisers remain in financial services, ASIC warns

17 March 2017 | AFR

Despite huge efforts to clean up the financial advice sector, the corporate watchdog says that so-called 'bad apple' advisers continue to work for some of Australia's largest financial institutions, with the quality of bank's background checks being called into question. 



Domino's comes under assault from the short sellers

17 March 2017 | AFR

Here's a warning for investors, or any potential buyers, in Australia's largest pizza chain, Domino's Pizza Enterprises: watch out, the short sellers have declared war on the sharemarket darling. It's going down. 

The stock that has delivered investors a total return of 3709 per cent since it listed 12 years ago, compared to a 127 per cent gain in the benchmark S&P ASX 200 index, is tipped to be the next big short.






Republican voters the biggest losers under Trumpcare health bill

16 March 2017 | The Age

Washington: To get to the White House, Donald Trump bulldozed conventional wisdom on how to win an American election, so maybe he can twist enough arms for Congress to accept the political swindle behind his Obamacare makeover.

If he succeeds, this President will surely be remembered as a political genius. But even as the White House hunkers in the face of criticism, its spokesman Sean Spicer indicated on Tuesday that some of the Trumpcare bill might be negotiable.


Work fewer hours and be happier: Greens

16 March 2017 | The Age

Greens leader Richard Di Natale believes some Australians would be better off with a four-day working week or a six-hour working day even if it meant earning less money in some cases.

This would allow people to spend more time on the things that make life worth living, such as family, sport, and volunteering.


Saudi Arabia creates a girls' council to empower women - but where are the girls?

16 March 2017 | The Age

Cairo: At first glance, it seemed as if Saudi Arabia was poised for a bit of change. With great fanfare, the governor of Qassim province announced the creation of a girls' council - the first of its kind in the kingdom - intended to offer more opportunities for women and give them a voice.

It was an encouraging sign for a nation that regularly ranks near the bottom of global surveys on gender rights.


Property investors 'materially dependent' on rent face steep rate hike

16 March 2017 | AFR

Property investors who are "materially dependent" on income generated from renting their property face steep increases to interest rates in the coming years, as banks respond to global regulatory changes that will require them to hold higher levels of capital against such loans.



Reserve Bank worried about collapse in apartment prices

15 March 2017 | The Age

The Reserve Bank is considering tighter bank lending standards amid concern about how the financial system would handle a collapse in housing prices, beginning with Brisbane apartments.

The Bank's assistant governor (financial system) Michele Bullock told a business event in Sydney that the Reserve Bank was particularly uneasy about the "looming oversupply of apartments in Brisbane in particular, and possibly in some parts of Melbourne".


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