Topics
Housing affordability improves as rates, prices fall
Simon Johanson Homes across Australia are now at their most affordable in two years thanks to falling interest rates and a slide in house prices, a study finds.
Crisis has China eyeing stimulus
Peter Cai China would need to unleash a 1 trillion yuan ($A150 billion) stimulus package in the event of Greece leaving the eurozone, says the country's leading investment bank.
It's all in the timing at the Future Fund
CBD Sensitive details on the inner workings of the Future Fund were divulged yesterday when the general manager of the federal public service pension fund, Mark Burgess, faced his routine interrogation...
Infrastructure expert calls for red-tape reform
Madeleine Heffernan News Corp director Sir Rod Eddington says senior business leaders in Australia believe the costs of doing business are rising and industrial relations uncertainty is holding them back.
Happy customers make for a happy Clyne
Elizabeth Knight The National Australia Bank boss, Cameron Clyne, will not say he has ''made it'', but topping the customer satisfaction charts this week, when NAB was 7.
Ignominy looms for ASX shift on raising rules
Insider ASX proposals to free up capital raising rules for small and mid-size companies could be headed for a humiliating defeat after John Brogden's Financial Services Council weighed, belatedly, into the...
Australian business press digest - May 23
Australian business press digest - May 23.
NAB fights with one hand tied
Elizabeth Knight Cameron Clyne has been re-risking the bank, but the task is not finished.
Competition pushing up funding costs: NAB
Elizabeth Knight THE European debt crisis is no longer to blame for higher Australian mortgage rates, the chief executive of National Australia Bank, Cameron Clyne, says.
Gloom and doom, for no reason
Malcolm Maiden Kohlberg Kravis Roberts' George Roberts visited Australia last year and remarked that Australians seemed terrified of a global crisis they had not actually experienced.
Worry has become an addiction
Malcolm Maiden The Kohlberg Kravis Roberts co-founder and co-chief executive George Roberts visited Australia in June last year and remarked that Australians seemed terrified of a global crisis they had not...
Smile, we're the world's happiest nation
Australia is the world's happiest nation - or should be - according to a survey of key components of the OECD's Better Life index.
Credit Suisse report plays down risk of mortgage crisis
Simon Johanson Australia's high house prices look more likely to slow lending growth than cause a mortgage crisis in the medium term, a Credit Suisse report suggests.
Fight for deposits pushing up mortgage rates, says Clyne
Elizabeth Knight European debt crisis is no longer to blame for higher Australian mortgage rates, according to NAB chief executive Cameron Clyne.
Australian business news digest - May 22
Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy.
Market correction can be a chance for buyers
Rod Myer Last year the talk on everyone's lips was the resources super cycle, now things are a little less bullish.
Victorian Funds boss quits
Eric Johnston The Victorian Funds Management Corp is on the lookout for its third chief executive in as many years.
Phone addicts keep shopping fixes alive
CBD If you thought Australian retailers were being bypassed by online-oriented consumers who were no longer under their grip, think again.
Smartphone addicts? Don't worry, be appy
Scott Rochfort If you thought retailers were being bypassed by online-oriented consumers, think again.
CBA says European money markets remain open: report
Commonwealth Bank said European funding markets remained open for high-quality Australian banks although costs had risen, the AFR reports.
