Business
Banking & finance
Judo Bank's Joseph Healy warns on 'zombie firms'
Judo Bank co-founder Joseph Healy warns small and medium businesses are taking on $25 billion in unproductive debt to survive the pandemic.
- by Clancy Yeates
Latest
Big four
Westpac wins latest round of ‘shiraz and wagyu’ case battle with ASIC
The corporate watchdog has lost its appeal in the landmark 'shiraz and wagyu' case against Westpac over the bank's alleged breaches of responsible lending laws.
- by Charlotte Grieve
HESTA
Super giant HESTA divests coal, commits to 'net zero' investments by 2050
The super fund for healthcare workers has tightened its climate change policy and started divesting from thermal coal companies.
- by Charlotte Grieve
Exclusive
Financial planners
Senator calls for AMP probe as planners' debt soars
Labor Senator Deborah O'Neill has called on ASIC to investigate the wealth giant for changes to contracts with financial advisers that has left scores of them in debt.
- by Charlotte Grieve
Exclusive
Superannuation
Super returns at risk from climate inaction, study finds
Financial modelling by investment consulting firm JANA has found superannuation returns could suffer from government inaction on climate change.
- by Charlotte Grieve
Opinion
RBA
The RBA 'jaw-boning' experiment keenly watched by the Federal Reserve
The US central bank is closely monitoring the Reserve Bank's unconventional intervention in the Australian bond market as it ponders whether to copy its move.
- by Stephen Bartholomeusz
World markets
Phantom billions: German payments company says missing $3.1b probably doesn't exist
Concerns over a gaping financial hole have prompted a collapse in Wirecard shares and the resignation of its CEO. Now the company says the money may not ever have existed.
- by Chanyaporn Chanjaroen
Big four
NAB's McEwan says banks will be less profitable in short-term
National Australia Bank boss Ross McEwan has warned shareholders in the country's banks would wear lower returns in the wake of the COVID-19 pandemic.
- by Clancy Yeates
Capital raising
Challenger launches $300m raising, flags no final dividend
Challenger is asking investors to tip in up to $300 million in new equity so it can withstand any further market volatility and pounce on opportunities.
- by Clancy Yeates
Opinion
Big four
Bank stress tests set to shine light on pandemic's fallout
We are about to get an idea of how much damage the pandemic has done to the world's most important banking system - and Australia's banks will be watching closely.
- by Stephen Bartholomeusz
Coronavirus pandemic
Borrowers with deferred loans tap super lifeline, says CBA
Some of the CBA's 127,000 customers who deferred loan repayments are tapping into their superannuation early to give themselves more financial breathing space.
- by Clancy Yeates