New rules limiting the leverage available on contracts for difference to Australian retail customers have come into effect, but ASIC still has more work ahead of it.source
We’re sorry, this service is currently unavailable. Please try again later.I know a lot of people get quite dispirited when reflecting on the past decade or two of climate change and emissions pricing policy in Australia. For those deeply involved in the policy debate, the hours of work wasted in trying to design the various […]
We’re sorry, this service is currently unavailable. Please try again later.The traffic jam at the Suez Canal will soon begin easing, but behemoth container ships such as the one that blocked that crucial passageway for almost a week and caused headaches for shippers around the world aren’t going anywhere.Global supply chains were already under pressure […]
Tabcorp chairman Steven Gregg says a sale of its wagering arm hinges just as much on clearing regulatory hurdles and getting the racing industry onside as it does on bidders lifting their offersThe ASX-listed gambling group on Monday formally rejected a $3 billion offer from the British owner of rival outfit Ladbrokes for its wagering […]
On the last Sunday in March in 2011, NSW woke to a new government. After 15 years in opposition the Liberal-National Coalition had walked into office with a record-breaking swing. “Bloodbath. Barry O’Farrell leads Coalition to historic wipeout of Labor” was how The Sun-Herald’s front page summed it up that morning.During the past few weeks […]
Media giant Nine Entertainment Co has requested the assistance of the Australian Signals Directorate after a major cyber attack hit its broadcast systems in the early hours of Sunday morning.As Nine worked to resolve the issue, Australian Parliament was also investigating a potential cyber attack in Canberra on Sunday evening, which is affecting government-issued smartphones […]
AMP has failed to secure a binding agreement with US investment firm Ares for the second time in six months, amid growing speculation over the leadership of the wealth giant.AMP signed a non-binding agreement in February to carve out AMP Capital’s private markets business and sell 60 per cent to Ares for $1.35 billion. Now, […]
Australian biotech Starpharma is taking its COVID-fighting antiviral nasal spray to the world, signing a deal with UK chemist chain LloydsPharmacy to sell the product in Britain as the country emerges from lockdown.The Melbourne-based company announced a deal on Thursday morning that will see its Viraleze virus-fighting product sold online in the UK starting next […]
1 of 3Well, we made it everyone. It’s the weekend, and Markets Live is ready to kick back. Thanks to everyone who joined us this week, and especially to those who kept the conversation going in the comments. We love to see it.Alex Druce and Lucy Battersby will be back with you on Monday. If […]
An investigation into the largest operator in Australia’s $4.5 billion a year laser hair removal and cosmetic injectables industry reveals franchisee anger.By Adele FergusonLaser Clinics Australia franchisees have launched an uprising. Credit:James BrickwoodRajiva Madugalle and his partner Olga still remember the excitement and trepidation of quitting their jobs and borrowing against their family home to […]