Beware of Russia and China’s soft power plays: BBC World Service boss

Beware of Russia and China’s soft power plays: BBC World Service boss

Western democracies should be concerned about a "global information war" being waged in the international English-language news space, the head of the BBC World Service said. Russia and China are spending hundreds of millions of dollars to grow their international news services as part of efforts to bolster their soft power influence in key strategic…
Ed Kuepper, punk originator, creates ‘fourth’ Saints album

Ed Kuepper, punk originator, creates ‘fourth’ Saints album

The three albums released by Brisbane band The Saints between 1977 and 1978 are among the most influential to ever come out of Australia, and now there is a fourth – in a manner of speaking. Ed Kuepper formed The Saints in 1973 with Oxley State High School friends Chris Bailey and Ivor Hay, and introduced the world to…
Rupert Murdoch, Kerry Stokes and the downfall of Malcolm Turnbull

Rupert Murdoch, Kerry Stokes and the downfall of Malcolm Turnbull

Malcolm Turnbull has spent much of his career in the company of "hot-metal men". The former prime minister has been around journalists and newspaper bosses since legendary Sunday Times editor Harold Evans heard him speak at a Cambridge Union debate in the late 1970s, offering the Australian law student a job the next day. Decamped…
How the micro-cap sector is built on hot air

How the micro-cap sector is built on hot air

Small companies are paying thousands of dollars a month to be spruiked to investors via paid content as a new breed of promoters cash in on traditional retail brokers exiting the space, a trend that has prompted increased regulatory action by the Australian Securities Exchange. StocksDigital, a Melbourne-based firm, is offering a package that promises an "immediate effect…
Revolutionary markets research focuses on the other AI

Revolutionary markets research focuses on the other AI

Take a short walk from the trendy Italian restaurant scene in Lygon Street, Melbourne, and you will find a small laboratory conducting revolutionary research into financial market trading. The work being done inside the Brain, Mind and Markets Lab at the University of Melbourne has the potential to fundamentally change the way financial institutions think…
The rise, fall and rise of Macquarie bank’s first family

The rise, fall and rise of Macquarie bank’s first family

The news that would destroy the privileged upbringing of the future chief executive of Macquarie Group arrived at their London terrace in an envelope stamped with a Colombo postmark. A senior health department official in Sri Lanka had written to Shemara Wikramanayake's father, Ranji, to advise that he had been removed as a consultant physician…
Ten questions that could save your life (insurance)

Ten questions that could save your life (insurance)

The royal commission into banking and financial services has exposed so many egregious practices across the life insurance industry that many policy holders are deeply concerned about what their cover will provide if they have to make a claim. Some life cover, total and permanent disability (TPD), trauma and income protection policies have been revealed…
The banking royal commission is a risk insurers cannot dodge

The banking royal commission is a risk insurers cannot dodge

It was just hours into the royal commission's round of hearing on insurance when ClearView Wealth's chief actuary and risk officer, Greg Martin, let slip one of the industry's sales secrets. "I would struggle to explain it, but it would be a mild level of disturbance to engage a customer in a … discussion," he…
Banking royal commission: Insurers could face criminal charges

Banking royal commission: Insurers could face criminal charges

The royal commission has heard a host of insurers have systematically broken laws, many of them carrying criminal penalties, in an explosive final day of hearings on the insurance industry. The open findings were delivered to the Hayne royal commission on Friday afternoon and were made even more embarrassing when Financial Services Council chief executive…
S&P upgrades outlook on Australia on surplus prospects

S&P upgrades outlook on Australia on surplus prospects

Global ratings agency S&P has upgraded the outlook on Australia's AAA credit rating to "stable" and says it expects the combined federal and state budgets will return to surplus by the "early 2020s" thanks to a strong job market and high commodity prices. Treasurer Josh Frydenberg has already signalled the federal budget may return to balance…

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