Analysts, markets welcome Donald Trump bank regulation rollback
Donald Trump's executive order to investigate rolling back additional post-financial crisis banking regulation has markets and analysts eyeing the prospect of bigger bank profits.
View ArticleWhat Trump plans to do to banking regulation and why it matters
Donald Trump makes financial deregulation an early priority of his presidency, but what does the Dodd-Frank Act do and what changes are likely to happen to US banking?
View ArticleCabcharge announces $28.6m in CityFleet, taxi plate write-offs
Cabcharge announces write-offs totalling $28.6 million in a statement released to the ASX.
View ArticleCalls for approval of fast-track HIV self-testing device
The nation's peak body for AIDS organisations is calling on the Therapeutic Goods Administration to fast-track the national approval of HIV self-testing devices.
View ArticleReserve Bank warns Australia needs to remain competitive
The governor of the Reserve Bank backs the Government's campaign to lower the corporate tax rate, warning Australia needs to remain internationally competitive.
View ArticleTasmanian salmon industry sustainability in doubt, affecting local tourism
Tasmania's biggest salmon producer is set to lose its key sustainability certificate and there are fears for the local tourism industry over the poor health of Macquarie Harbour on the state's west coast.
View ArticleAnna Bligh appointed as Australian Bankers' Association CEO
Former Queensland premier Anna Bligh is appointed as CEO of the Australian Bankers' Association, an industry group representing 25 banks across the country.
View ArticleClimate change could threaten entire financial system: APRA
Climate change could threaten the stability of the entire financial system, the prudential regulator warns, as it prepares to apply climate change "stress tests" to the nation's financial institutions.
View ArticleDreamworld operator posts large loss after ride tragedy
Ardent Leisure, the operator of the Gold Coast's Dreamworld theme park, has reported a loss of $49.4 million hit by the impact of the October ride tragedy that killed four people.
View ArticleFifield slammed for lack of knowledge over Australia Post CEO's salary
Communications Minister Mitch Fifield faces hostile questioning about why he did not know the specifics of Ahmed Fahour's multi-million-dollar salary as chief executive of Australia Post.
View ArticleEastern states should reserve natural gas for domestic use, Barnett says
West Australian Premier Colin Barnett says the eastern states should follow WA's lead and reserve some of their natural gas for domestic use to curb energy shortages.
View ArticleCommInsure cleared of 'systemic', 'cultural' problems
A report commissioned by CommInsure into claims of unethical behaviour at the Commonwealth Bank's insurance arm clears the life insurer of "systemic" and "cultural" problems, despite not speaking to...
View ArticleWestpac not alone in ASIC's dodgy home loan investigation
The corporate regulator says it has been investigating up to 11 lenders over their home lending practices, after announcing court action against Westpac.
View ArticleLack of airport regulation costs consumers up to $1.6b in fees: ACCC
Airlines and their passengers have paid up to $1.6 billion too much for airport access over the past decade due to a textbook example of how not to privatise monopoly assets, the competition regulator...
View ArticleLabor backs call to curb skyrocketing airport charges
Federal Labor is backing the Australian Competition and Consumer Commission's call for more power to limit airport price increases after a report shows passengers paid up to $1.6 billion too much for...
View ArticleCBA defends report that cleared insurance arm of systemic problems
Commonwealth Bank chief executive Ian Narev defends a decision not to interview customers as part of commissioned report that last week cleared its life insurance arm of "systemic" problems.
View ArticleMajor airlines form group to fight against airport fees, taxes
Major airlines, including Qantas and Air New Zealand, establish a new industry group to advocate on public policy issues in the aviation sector, including on taxes, fees and access to efficient...
View ArticleTabcorp to sell Odyssey gaming arm as proposed Tatts merger rolls on
The Australian Competition and Consumer Commission (ACCC) finds that the proposed merger between Tabcorp and Tatts is "likely to substantially lessen competition" in Queensland, prompting Tabcorp to...
View ArticleInvestor property lending surges, putting regulators on 'high alert'
Investor lending accelerated to its fastest growth since the bank regulator APRA imposed tough restrictions to slow down lending at the riskier end of the property market.
View ArticleGlobal trade outlook raises concerns for wheat, wool and beef exports
As the farming economy surges in value, there are growing concerns about the outlook for global trade, with the country's biggest earners in wheat, wool and beef nervous about a potential rise of...
View Article