Marquee players add buzz to football: FFA’s David Gallop

Marquee players add buzz to football: FFA’s David Gallop

The $3 million marquee player allowance and expanded coverage of the women's game has boosted football but the uncertainty over the proposed expansion of the A-League still hangs over the sport. The Melbourne derby between Victory and City is one of the top clashes of the opening weekend. The W-League kicks off a week later with the coverage of the competition this year including a match broadcast…
Bank CEOs need to work on their lines before Hayne commission resumes

Bank CEOs need to work on their lines before Hayne commission resumes

It was their first major public outing since Royal Commissioner Kenneth Hayne released his blistering interim report on their industry, and so you can be sure that the bosses of the country's big four banks spent a lot of time, energy and expense (advice from top PR firms doesn't come cheap) working out what demeanour to…
You don’t have to wait for the poll to learn the lessons of Wentworth

You don’t have to wait for the poll to learn the lessons of Wentworth

The one – and perhaps only - thing that really can be confidently predicted about elections is that the way they are analysed before polling day is almost always at wild variance with the analysis post-polling day. That is partly for the obvious reason that the combination of votes on the day is never quite…
Markets Live: ASX set to follow Wall St sell-off

Markets Live: ASX set to follow Wall St sell-off

Australia shares are poised to drop at the open this morning following a broad sell-off on Wall Street overnight as all three benchmarks fell by at least 1.3 per cent.
NAB CEO: 300 bankers terminated

NAB CEO: 300 bankers terminated

Andrew Thorburn is in front of the House of Representatives economics committee in Canberra on Friday. Follow proceedings here.
Peter Costello warns the ‘investment climate will be harder to produce returns’

Peter Costello warns the ‘investment climate will be harder to produce returns’

Peter Costello, chairman of the $149 billion government Future Fund, warned that rising global interest rates will put "downward pressure" on asset prices around the world. Mr Costello also issued a call to arms to foreign government-backed investment funds, such as from China, to increase transparency and improve governance, to overcome mounting national security hurdles…
Barristers fight back against bullying judges

Barristers fight back against bullying judges

      High-flying barristers aren't going to take it any more. Fed up with bullying, cantankerous and aggressive judges, barristers have drafted a code of judicial conduct to blow the whistle on bad behaviour. The judicial conduct policy – an Australian and possibly world first – was launched in Melbourne on Thursday night jointly between Victorian Bar president…
Whipping boys of power prices fight back

Whipping boys of power prices fight back

Rick Francis has grown weary of his role as one of the whipping boys of the Australian electricity market. The chief executive of Spark Infrastructure spent Wednesday marching the halls of Canberra in an effort to personally reinforce an introductory missive of frustrated defiance sent to Energy Minister Angus Taylor this month. At last week's Australian Financial…
It took seven months, but Blue Sky finally comes clean

It took seven months, but Blue Sky finally comes clean

It took a $50 million rescue package from a savvy American hedge fund to force Blue Sky Alternative Investments to finally release a document to the ASX with an honest description of its dire position. The troubled Brisbane-based funds manager has been in the equivalent of Dante's Inferno since Glaucus Research released a report in March…
Consumers told to brace for higher food prices

Consumers told to brace for higher food prices

Production cost increases from drought-driven crop shortages, rising fuel prices and the weaker dollar are flowing through into higher prices for consumer staples such as bread, chicken and cheese that in turn adds to the household cost-of-living squeeze from electricity bills and housing prices.  Food prices at Australia's second largest supermarket chain, Coles, rose in the September quarter…

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