Finance News - Page 60

The big four banks helped drive the Australian share market higher last week despite Commonwealth Bank's first annual profit fall since the global financial crisis. Not even the banking royal commission's critical probe into National Australia...

A number of Australian unions are urging members to consider opting out of the online national database My Health Record over fears employers could access the information. The Rail, Tram & Bus Union (RTBU) and the Australian Council...

Fees for no advice, conflicts of interest and a controversial TV commercial were tackled during the royal commission's first week of superannuation hearings. Here is a roundup of what happened. Hodge: super trustees "left alone in the dark...

Australia's largest banks experienced some of the biggest hits on the share market last week. Commonwealth Bank, ANZ and NAB all shed around 3% off their market value last week in the  lead up to the banking royal commission's...

The royal commission into banking has begun scrutinising the nation's $2.6 trillion superannuation industry. The accountability of the trustees running super funds and who is keeping an eye on them was one of the main points of contention...

Nine Entertainment's share price slump ranked it among one of the biggest losers on the ASX last week, while real estate website Domain’s shares soared to be among the biggest winners. The contrasting share price swings...

GROW Super has cut fees for new parents for up to six months after the birth of their child, sparking a discussion around the need for further action to address the disparity between the retirement incomes of women...

Shares in 'buy now, pay later' fintech company Afterpay Touch soared 31% last week, following a trading update which showed strong sales and customer growth. Afterpay's update showed sales through the platform hit more than $2.18...

Health insurers will have to explain what consumers are covered for in one page and use a new ranking system, as part of a government plan to make policies easier to understand. Under new federal government...

The benchmark S&P/ASX 200 closed flat last week at 6,271 points despite choppy day trade sparked by ongoing trade tensions between China and the United States. The Trump administration announced further tariffs on $US200 billion worth...