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    Banking & finance

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    Retail investors pile into COVID-hit companies amid online share trading boom

    Retail investors pile into COVID-hit companies amid online share trading boom

    Retail investors have placed growing bets on hard-hit travel businesses including Qantas, Flight Centre, WebJet and cruise liner Carnival.

    • by Clancy Yeates

    Latest

    Bulletproof buy now, pay later outfits a hit with investors
    Payments

    Bulletproof buy now, pay later outfits a hit with investors

    The buy now, pay later phenomenon is, for the time being, proving to be more than a match for the biggest economic shock since the Great Depression. 

    • by Colin Kruger
    Aspen Re rules out insuring Adani mine
    Adani

    Aspen Re rules out insuring Adani mine

    Another financial institution has said it will not renew any insurance policies with Adani's Queensland coal mine project.

    • by Charlotte Grieve
    'Ride it out': Hostplus CIO defends investment strategy
    Hostplus

    'Ride it out': Hostplus CIO defends investment strategy

    Hostplus' exposure to illiquid investments has come under pressure as its returns turned negative but Sam Sicilia is doubling down on the fund's venture capital push.

    • by Charlotte Grieve
    Mine approval laws allow 'systematic erasure' of Indigenous culture
    Indigenous justice

    Mine approval laws allow 'systematic erasure' of Indigenous culture

    Environmental lawyers and politicians are pushing for law reform to better protect Aboriginal artefacts from major development projects.

    • by Charlotte Grieve
    'We need to guillotine it': AUSTRAC given deadline for new Westpac claims
    AUSTRAC crackdown

    'We need to guillotine it': AUSTRAC given deadline for new Westpac claims

    Financial crimes watchdog AUSTRAC has been given two months to make any new legal claims against Westpac in its blockbuster anti-money laundering case against Westpac.

    • by Clancy Yeates
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    US funds titan BlackRock 'deeply concerned' about NSW coal mine
    Mining

    US funds titan BlackRock 'deeply concerned' about NSW coal mine

    Political leaders, farmers and academics are demanding answers from investors of the Chinese conglomerate set to destroy Aboriginal artefacts in regional NSW.

    • by Charlotte Grieve

    LIVE: Victorian Deputy CHO gives COVID-19 update

    Victoria’s Deputy Chief Health Officer Dr Annaliese van Diemen provides an update on COVID-19.

    Investors face pressure over miner set to destroy Aboriginal artefacts
    Exclusive
    Mining

    Investors face pressure over miner set to destroy Aboriginal artefacts

    The world's largest asset manager and a top super fund are facing pressure to explain investments in a Chinese miner set to destroy ancient artefacts.

    • by Charlotte Grieve
    How tech and demographics could save emerging markets investors
    Emerging markets

    How tech and demographics could save emerging markets investors

    The chief executive of private equity fund LeapFrog has said emerging markets present challenges and opportunities during COVID-19.

    • by Charlotte Grieve
    Adani losses hit $794m as insurers signal retreat
    Exclusive
    Adani

    Adani losses hit $794m as insurers signal retreat

    One of the insurers revealed to be paid by Adani has said it is reviewing its policy towards fossil fuels which raises further questions about the financial backing of the future.

    • by Charlotte Grieve and Colin Kruger