Clancy Yeates

Investors can now punt on bitcoin via the ASX. But this won’t make the cryptocurrency any more useful for making payments, or remove the well-known risks.

The average realised pay for the chief executive of an ASX100 company in the 2023 financial year was 50 times what an average Australian worker earned.

The investment chief of UniSuper says monetary policy has run its course, and inflicting more pain on squeezed households is not the answer.

When former Prime Minister Scott Morrison outlined his vision for an ambitious banking policy in 2018, he declared it would be a “revolution” for Australian customers.

The biggest company on the ASX is a critical bellwether for the economy. Beneath the bank’s headline $9.8 billion profit, a few points stood out.

Amid a surge in insurance premiums, the corporate regulator says acting against insurance misconduct will be a key focus.

The lack of a tax-cut-induced spending spree shows consumers have well and truly got the message about tightening their spending.

Some argue the new mandate for the taxpayer-owned Future Fund won’t change that much. But if that’s the case, then why do it?

Financial Services Minister Stephen Jones has told the Commonwealth Bank to rethink a move that means a group of customers will face a $3 fee for withdrawing cash from branches.