Regulators have ‘raised concerns’ with Whyalla steelworks saviour Sanjeev Gupta as the solvency of his key financier falters.
Perry Williams, Cameron England, Nick Evans
Leveraging data sharing to make the home lending process less painful and continuing the push into cloud strategies will be the top priorities for Bankwest’s new chief information officer.
Danielle Le Messurier
Germany’s financial watchdog shuttered Greensill Bank and asked law enforcement officials to investigate accounting irregularities at the lender.
Nicholas Comfort, Steven Arons and Lucca de Paoli
The last straws were just the beginning. Retailers are set to stop selling other plastic goods, while the government has revealed what items will be phased out next.
Greensill Capital is moving closer to a deal to sell its operating business after a swift crisis of confidence in Lex Greensill’s start-up lender forced it to seek a sale to avoid collapse.
Lucca de Paoli and Luca Casiraghi
Australian Potash is the latest aspiring potash player to secure a big lick of cash from the Federal Government to fund its Lake Wells project near Laverton.
The Perth-based miner had been chasing bank guarantees for potential legal bills ahead of a court attack on how copper and gold ore is being weighed at Monty.
The talks follow a move by Credit Suisse to freeze funds that it ran with help from the financier, citing ‘considerable uncertainty’ about the valuations of some of the holdings.
Lucca de Paoli and Giles Turner
ASIC has launched court action against CommSec and its service provider AUSIEX over “systemic compliance failures”, which allegedly led to customers being overcharged $4.3 million over a decade.
Bans on single-use plastics kick off in SA today with other states and territories set to follow – but food retailers warn there will be a cost.
Afterpay and other Buy Now, Pay Later providers will soon be subject to a new minimum standards which are set to impact consumers.
Millennials are second guessing their career choice, spurred by the challenges presented by the COVID-19 outbreak.
WA’s leading women in STEM have described the impact of the COVID pandemic as a “double-edged sword”, causing widespread disruption to the disciplines, while creating new challenges and opportunities.
In a week marred by scandal, Crown is hoping to win another spot among the world’s top hotels in the Forbes Travel Guide.
ANZ devastated clients after closing almost 100 branches in 2020, with more set to come in 2021. Find out which branches are closing here.
Stopping climate change is tipped to deliver huge wealth to those taking advantage of business opportunities.
Finance Minister Simon Birmingham says it is ‘crucial’ more Australians seize the ‘hundreds of thousands’ of job opportunities that are available in the market.
The financial habits of Australian singles have been revealed, showing some juicy details about what makes or breaks a relationship.
Katy Hall and Anthony Keane
A forum on Australia’s food security has heard why some regions are set to lose their key crop - and the surprising areas it will be grown in future.
Ares Management has scrapped a $6.4 billion bid for Australian wealth manager AMP in the latest setback for long-suffering shareholders still reeling from years of scandal.
The president of air carrier Emirates has broken his silence amid calls for the company to pull out as Collingwood’s major sponsor.
Vanessa Croll and Selina Steele
On a monthly basis, construction firms are now on average 44 days late paying their bills, compared with a 35-day delay in December.
But in good news for mum-and-dad investors and retirees, the bank will increase its dividend payout even as profit declined.
Investing in overseas stocks has delivered windfall gains since last year’s COVID crash, but buyers should take care right now.
© West Australian Newspapers Limited 2020